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Managing Bitcoin in IRAs: Challenges and Innovations
This chapter explores the process of using hardware wallets to manage Bitcoin within IRA accounts, detailing the rollover process and the challenges faced with traditional financial systems. It discusses the significance of UTXOs in facilitating efficient transactions, as well as the introduction of a new donor-advised fund product aimed at easing charitable donations in Bitcoin. The conversation highlights the advantages of integrating Bitcoin into retirement planning and charitable giving, particularly for high net worth donors.