BitcoinSuper.io

In August 2020 I asked my superannuation provider for their position on Bitcoin. “We don’t have any plans to invest directly in crypto-currencies at this time or have a stand-alone cryptocurrency investment option. In our view, crypto-currencies carry significant risks and have little to no regulation. There’s also the risk they may be used by organised crime and terrorist groups, and have the potential to be classified as illegal by governments, and rendered worthless to investors. At this stage, we believe these assets are too speculative in nature and almost impossible to accurately value. Therefore, as fiduciaries for members’ retirement savings, we don’t believe they’re currently a prudent investment that fit within our commitment to help members achieve their best retirement outcomes." As a Bitcoiner, this out of touch and uneducated position wasn't satisfactory, so I started investigating how I could invest my Super into Bitcoin, I wanted to understand: Can I invest my super funds in bitcoin? How to invest super in bitcoin? How to make sure my funds would be safe and secure? Any potential risks to investing my super into bitcoin? BitcoinSuper.io documents my journey and shares the how and why of investing your super into #bitcoin through an smsf. Information given in this page is general in nature and is not intended to influence readers’ decisions about investing or financial products. Investors should always seek their own professional advice that takes into account their own personal circumstances before making any financial decisions.