Fidelity is throwing bit coin into its four o one k next year. Investors will be have to put as much as 20 % of thei retirement plan into bit coin, although employers will be able to er that limit. Fidelity says that 30 % of institutional investors would prefer to buy an investment product containing additional assets. Only two percent of employers would consider making crypto currency available in their plans.
Kara and Scott discuss the fallout so far from Elon’s Twitter purchase, and some mixed news for big tech stocks. Also, Fidelity is throwing Bitcoin into 401Ks and Robinhood is cutting staff. Then, Friend of Pivot, State Senator Mallory McMorrow joins to talk about her viral response to accusations of “grooming.”
You can find Senator McMorrow on Twitter at @MalloryMcMorrow.
Send us your Listener Mail questions by calling us at 855-51-PIVOT, or via Yappa, at nymag.com/pivot.
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