Quote from: Solange on April 27, 2015, 08:12:24 PM

Quote from: sdmathis on April 27, 2015, 08:10:20 PM

Quote from: benjamindees on October 29, 2014, 05:29:24 PM

Every month, your employer transfers Bitcoins into a time-locked address that can't be transferred out before you reach retirement age. You have the key to the address. You can verify the transfer on the blockchain.

No middle-men. No funny business. No brokers with pyramid/eyeball shaped logos. No "oops we went bankrupt and lost your retirement." No bail-ins. No raising the age of retirement.

Just Bitcoin.

I'm sorry, but that's a terrible idea. Bitcoin is much too volatile to be used as a retirement investment. Don't get me wrong, I love Bitcoin. But it's not the right vehicle for a retirement account.

But just because it is too volatile now doesn't mean it wont be stable in the future. If bitcoin is the worlds first international currency adopted by billions by the time people are ready for retirement it could be a great plan.

If Bitcoin stabilizes (and not before), then it might be worth looking at but not until then. When it comes to retirement, safety and stability are of utmost importance. Speculative investments (like Bitcoin) are better suited for discretionary income investments.

Don't get me wrong. I'm not against investing in Bitcoin. I just feel that it's much too risky for a retirement account.