[toomuchtodo]

> My retirement fund benefited enormously from the Q3 2020 crypto market gains, which would not have been possible without my LLC.

We probably shouldn't encourage the general public to gamble their retirement funds in a casino. I understand many believe this is an "asset class", but there is ample evidence crypto has no place in someone's retirement asset mix. Such investment in a taxable account is reasonable compromise.

[oceanplexian]

I like how we are all pretending that mutual and index funds are also not a casino.

[toomuchtodo]

They have cash flows and intrinsic value. Crypto does not.

[idiotsecant]

Oh sure, all those tech stocks that are based on PE ratios and real earnings and definitely not wild, sweaty speculation.

[idiotsecant]

>We probably shouldn't encourage the general public to gamble their retirement funds in a casino.

No? Should we prohibit them from investing in mutual funds since bonds are so much safer? Or maybe mutual funds are OK but individual stocks should be illegal? Or maybe just certain, whitelisted stocks above a certain market cap that the 'professionals' decide are too big to fail?

Or maybe we should let individuals decide the correct mix of yield and risk that suits their age and risk tolerance?

[vdqtp3]

Maybe you should just let people do what they want with their own money.

[DesiLurker]

while your heart is in right place, Govt should not be allowed to single out a particular asset class from retirement. they should rather be in business to regulate and minimize fraud in that class. if crypto is out the so should gold etfs be.