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Bitcoin Dissected: The Full Version

This full dissection of Bitcoin explains what Bitcoin is, how it works, why it has value, and where its limits actually are.

Who Invented Bitcoin? What We Know About Satoshi

Who discovered bitcoin? The verifiable answer is that Satoshi Nakamoto created and introduced Bitcoin, but the real identity remains unconfirmed.

What Are Some Disadvantages of Using Bitcoins?

Using bitcoins comes with real trade-offs: price swings, irreversible transfers, self-custody burden, scams, and limited payment acceptance.

Can a SIMPLE IRA Hold Bitcoin Directly?

A SIMPLE IRA usually cannot let you personally hold bitcoin directly. The answer depends on custodian rules, account structure, and available products.

Can a Self-Directed Roth IRA Hold Bitcoin?

Yes, a self-directed Roth IRA can hold Bitcoin in some setups, but the real issue is custody, asset type, fees, and account rules.

Can You Buy Bitcoin With a Self-Directed IRA?

Yes, in many cases you can buy bitcoin with a self-directed IRA, but the real issue is custody, account rules, fees, and scam prevention.

Can You Own Bitcoin in a Self-Directed IRA?

Yes, in many cases you can own Bitcoin in a self-directed IRA, but the setup, custody, and prohibited transaction rules matter.

How to Invest Bitcoin in a Self-Directed IRA

To invest bitcoin in a self-directed IRA, first verify asset structure, custody, fees, and exit rules before moving retirement funds.