Post
Topic
Board Economics
Re: Bitcoin as a Retirement Account
by
yatogami
on 21/08/2018, 08:58:18 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.
Things have definitely changed a lot since 2014 when this post was written.
It could be a nice idea, but only after the price of btc stabilizes so that there are no complaints like "oops, I just lost around 30% of my retirement savings because of yet another market crash".