Quote from: The Pharmacist on October 11, 2018, 07:01:39 AM

There's no way in hell I'd want my pension funds invested in something like bitcoin, especially if I was close to retirement. It's way, way too risky.

Exactly. The whole point of a pension or retirement fund is to have safe and steady returns compounded over 40+ years. Risking all that on complete speculation which could wipe out decades of savings in the space of a few days or weeks entirely defeats the point of having a pension. You might as well just gamble x% of your paycheck every month instead.

If we are ever at the stage where people are actually using crypto for their pension funds, then "institutional money entering the field" will be irrelevant, as the price will be more or less static.

Quote from: gezhid008 on October 11, 2018, 06:25:01 AM

They're not in the realm of cryptography right now, but they're just around the corner.

Also, I've been hearing some variation of this statement for a couple of years, at least. I'll believe it when I see it.