Quote from: youdacapt on December 06, 2017, 11:33:11 PM

Quote from: aintnopassincraze on December 06, 2017, 08:13:43 PM

Quote from: bahandhi0508 on August 06, 2017, 10:51:23 PM

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.

Well by then if Bitcoin prices rests at something solid above 1 million you can be sure it will be enough to retire on given you had enough of it while you were younger. Now whether it will be spendable on a daily basis is another argument but regardless of that you will be able to take out a year's expenses by selling it on the market and given it to somebody else. This is what I hope occurs with Bitcoin long term if not I will sell when the ship looks like it is sinking (I don't think that will happen though).

I think we should stay in balance with the ownership of real-world assets, we do not need to trust 100% with bitcoin and still have a safe limit for comfort in retirement, bitcoin should be considered an active asset because if we are not active when Bitcoin experiences a strong decline it will become a disaster. But if you can continue to analyze charts then it will be the best asset.

Bitcoin will be good to use if the fee was not so big and i think You are right, we don't need to trust in bitcoin 100 % because the value can be decrease anytime .