Cryptocurrency in a 401(k)?

There are two challenges to be aware of with crypto:

1. It is possible that the value will be zero at some point. That is Fidelities guidance. “Spot crypto ETPs (FBTC and FETH) are for investors with a high risk tolerance and invest in a single cryptocurrency, which are highly volatile and could become illiquid. Investors could lose their entire investment.“
2. The “technological leap” of quantum computing could “pose new risks” to cryptocurrency. “Although the “immediate risks are low,” the future could see “large-scale, error-corrected quantum computers” capable of running algorithms that could break the elliptic curve cryptography (ECC) used by bitcoin as one of the industry’s main security protocols…….Experts now believe the industry has “less than a decade, even a handful of years” to enact “contingency plans.” And even that might be optimistic: A new paper published last month by Google Quantum AI researcher Craig Gidney suggests that the RSA encryption used by bitcoin could be overcome using “20 times fewer quantum resources than previously estimated…”