It follows the ideas set out in a whitepaper by the mysterious Satoshi Nakamoto, whose true identity has yet to be verified. Even after you have your checkbook IRA LLC set up, the prohibited transaction rules present unique obstacles to holding Bitcoin directly, as described below. Interestingly, despite all concerns such as volatility in its price or ambiguity about its future, Bitcoin-related ventures have attracted huge investments and it has been endorsed by new partnerships with regular payment gateways. Click here and we can set up the structure for you, from start to finish.