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Peter Schiff: Trump Allowing Retirement Funds to Invest in Cryptocurrency Will Worsen America's Retirement Savings Deficiency

By: theblockbeats.news|2025/08/08 06:32:12

BlockBeats News, August 8th, Economist and cryptocurrency critic Peter Schiff tweeted, "Most Americans have far too little savings to support retirement. Trump allowing Americans to invest their meager retirement savings from their 401(k) accounts into Bitcoin and other cryptocurrencies will only make this problem worse."

SEC Invites Public Input on Franklin Templeton’s XRP and SOL ETF Proposals as of August 8, 2025

The Smarter Web Company increased its holdings by 50 bitcoins, bringing the total position to 2100 bitcoins.