Bitcoin has emerged as an attractive savings option in a time of creeping global inflation and general uncertainty—to say nothing of the situation facing the stock market. Like gold, this scarce digital asset can serve as a hedge against currency depreciation. Despite short-term volatility, bitcoin's long-term price growth has been impressive, with an average annual return of around 98 percent. No wonder so many people would like to set aside at least a small portion of their nest egg into bitcoin.
Well, the government does not like this one bit. Its lackeys will fight tooth and nail to curtail your ability to hold bitcoin as part of a particular kind of tax-advantaged retirement account.
