Post
Topic
Board Economics
Re: Wasn't that good to use bitcoin as your lifetime asset?
by
Silberman
on 19/09/2017, 21:57:53 UTC
Please help me make clear idea about how good bitcoin is to be a digital asset as we become old in the future, and this served as our lifetime asset same as pension when your retire from your current job at the age of 60.
Using money as a store of asset is something which I do not really agree to or accept to. That school of thought is a numb one because it is not from an investors point of view. My own view of an asset is something that puts money back into your wallet, not one that is stagnant.
Bitcoin can give to us many profits but we need to have something that is going to always have value no matter what, if you are thinking about your retirement and you have a lot of bitcoin, you could buy a house, once you have your own house and you are debt free covering your expenses becomes an extremely easy thing to do, so if you transform your bitcoin in hard assets, maybe you are not going to get the profits that you get with bitcoin but you get stability.