A Californian Bitcoin startup aiming to protect senior citizens’ retirement savings from market turmoils has announced a special offer.
Bitcoin IRA, as the company is aptly titled, is now providing a 1% silver rebate to all new IRA account holders. The new offer ensures to deliver actual silver to clients’ home address if they open a new account at Bitcoin IRA before the end of August 2016. According to the proposed offer, any client investing $15,000 in Bitcoin will be eligible to receive $150 in Real Silver.
Meanwhile, the offer also serves to the clients who invest in precious metals instead of Bitcoin. With that said, Bitcoin IRA plans to gift $250 worth of Real Silver to clients who invest $25,000 in precious metals. Similarly, clients who invest $50,000 in precious metals will receive $500 in Real Silver.
The offer is available only for a limited time, and can be “redeemed by Requesting the FREE Bitcoin Guide from Bitcoin IRA.”
Bitcoin Protects Investors from Inflation
Bitcoin IRA also found the opportunity to discuss how Bitcoin and precious metal investments can actually protect investors from ongoing market turmoils. The retirement account custodian service stressed that new financial assets such as Bitcoin are free from manipulation, as it is less tied — and less inhibited — by the US Dollar. It went on referring to the recent market turmoils that aptly demonstrated the weakness of “dollar denominated” economies.
“Dollar is highly sensitive to weakness in the world economy,” Bitcoin IRA stated. “Commodity-exporting countries paid in dollars have relied on the greenback to boost their economies. A faltering dollar invariably holds serious economic consequences for them.”
It is perhaps the only reason why Bitcoin IRA prefers to hold Bitcoin as the custodial currency for IRA (or 401(k)) account holders. The digital currency, which is now legally termed as property by the US Internal Revenue Service (IRS, instantly serves as an ideal alternative to inflation-loving dollar.
For more information on the company, please visit here.