Post
Topic
Board Economics
Re: Bitcoin as a Retirement Account
by
DevelopmentBank
on 21/08/2018, 02:09:33 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.

I have a bitcoin wallet address which is exactly for this purpose. There isn't much in it but it i constantly keep adding to it whenever i earn some here and there. My aim is never to touch this until i retire. Hopefully this will be enough to live comfortably and take care of my family when that day comes.

I'm quite excited for what the value of bitcoin will be then.