Thanks, but I alluded to this with the following statement:
Even self-custodied Bitcoin if I get the notion. Wink. Wink.
Choice uses Casa 3/5 multisig. There is no 3rd party risk on physical custody of the asset, but you still require a trustee or custodian to track everything from a compliance standpoint. The assets themselves also must pass through the hands of the custodian prior to hitting your wallet. You can't simply just throw bitcoin into a ledger and say "this is my IRA".
A checkbook IRA would let you do something like that but basically involves setting up your own LLC with its own bank account and everything. Why would I want to go through the trouble and paperwork, if the end result is I'm self-custodying my BTC anyhow? I can accomplish the same thing and let someone else do the paperwork.
Those are too many hurdles for me.
I'm glad I don't have to live by the rules forced on people today.
I checked out when we had far more freedoms for this very reason, not wanting to pay for the chains they wanted to put me in.
I don't have all the toys regular employment would give me, but I don't have all the headaches, either.
If I saved it, and didn't spend it, they would want more tax from me later, I can't pretend that this is freedom.
I'd rather be a bum.
I leverage the tools available to me with the goal of maximum self-sovereignty.
Wonderful, anything less is not ideal.
I'm sure glad to be hearing it from others, free thinking folks are pretty sparse out here in groupthinc land.