9.3 Trillion Dollar Dam : bitcoin braves v/s 401 K gatekeepers
Published: December 14, 2025
Duration: 35:19
Research
Bitcoin for plebsMosaic
A fundamental conflict is underway over the allocation of Bitcoin in the American retirement system, specifically targeting the approximately $9.3 trillion held in 401(k) plans.
The central struggle pits the traditional "Gatekeepers"—the Department of Labor (DOL) and the plan fiduciaries who minimize liability—against the "Bitcoin Braves," a coalition of retail investors and legislative leaders. The Gatekeepers successfully imposed a "fiduciary freeze" by issuing 2022 guidance that warned employers to exercise "extreme care" before adding cryptocurrencies to 401(k) menus, threatening investigation programs for those who did. This created a chilling effe...