Quote from: franky1 on November 10, 2015, 05:32:06 AM

Quote from: BitcoinBullion on November 09, 2015, 11:26:04 PM

If you are a true believer that be dollar and other fiats are doomed should you then cash out your fiat retirement account for btc, metals or real estate?

I have a Roth IRA with some money in it and I am debating on if I should liquidate that or keep contributing to it for the next 30 years.

the main thing to ask yourself..
in the 1980's you could buy a loaf of bread for 50c.. today it's $2
in the 1980's you could buy gallon of gasoline for $1.20c.. today it's $4~
ref: http://www.thepeoplehistory.com/70yearsofpricechange.html

so $2.00 thirty years ago would have bought you, 4 loaves of bread.. today.. just 1..

imagine what your money today will buy you in 2045..
quarter of a loaf?, just one slice?

so is storing $260,000 today worth it.. when you would only get about $65k of todays buying power.
now if you think that is scary, research the zimbabwe dollar.. and you will see the worst case scenario
(1980) 500 ZWD bought 3 loaves of bread
(2007) 30000ZWD bought 1 loaf of bread

people think that instead of just storing funds for retirement is bad and thus they put them into investment funds.. letting some stranger
in wallstreet trade your funds in the hope of atleast 5% yearly profit.. to keep ahead of inflation.. but the problem isnt that $260k might still be $260k in
30 years.. it might actually be $0.. as there is risks you can lose the lot..

and thus
its better to put atleast some of those funds into deflationary investments.. bitcoin, gold, real estate, etc.. to protect you against inflation..

Very interesting and, unfortunately, completely true. We've never seen prices going down but always UP!
The last thing I underlined is the most important one: better start considering how to wisely invest our funds into thos kind of investments.