Bitcoin will enter the market of pension funds with a capital of $ 28 trillion

Kingdom Trust CEO Ryan Radloff, who manages $13 billion in client assets, says “the shiftgenerations will open the pension industry for Bitcoin "at $ 28 trillion.

In a conversation with the Cointelegraph, Radloff said that “a generational change is about to take place in the pension market,” while bitcoin has “practically not penetrated” it.

"This is very important from the point of view of S2F [stock-to-flow model], since it is tantamount to the penetration of a huge amount of new dollars into the crypto industry."

7.1 million Americans already own bitcoins

Radloff predicts that the first wave of capitalcome from 7.1 million Americans who already have bitcoins. However, according to him, only a few owners of cryptocurrency assets understand that this can be done on their retirement accounts.

“When the IRS decided to tax bitcoins, therefore, it also meant storing bitcoins in qualified custodial services and pension accounts”, — Radloff explained.

“Over the next three years we will see that 7.1million of us [who have already invested in bitcoins] will wake up and understand that it is possible to get our savings out of the control of the Fed and endless cycles of printing money and securities ”, — Radloff said.

Radloff said that “it will be a success forcryptoindustry ”, if you bring up to 7.1 million owners of cryptocurrencies in the United States that they can buy bitcoins through their pension account under the law.

Radloff also emphasized that the “bitcoin brand” is becoming increasingly “reliable and proven,” given that leading economists such as Paul Tudor Jones consider it a good hedge against inflation.

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