Post
Topic
Board Economics
Re: Bitcoin as a Retirement Account
by
Demille
on 13/08/2015, 09:01:13 UTC
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.


Nice idea but you are kinda missing the whole point of "retirement", 

which is, a word you use to get idiots to give up their valuables today on promises of getting valuables back far into the future. 








I think most people can retire, but its not the lifestyle they would want which stops them from real retirement.

Like getting a bigger house or a ideal car.

If you take out these things, most people can buy a $30k home in las vegas or something and start being smart money.

A house only costs 30k in Vegas? In my country even for a really cheap and run down basic house you'll probably have to pay around 80k USD. I'd like to save my money as a retirement account or to maybe buy a house with bitcoins but I wouldn't rely on it. It's more speculative optimism but I would certainly have a retirement account in fiat too so both would be good.