Quote from: NeuroticFish on Today at 07:32:55 AM

Quote from: Charles-Tim on Today at 07:25:22 AM

What do you people think about bitcoin retirement accounts? I think it is cool and can also increase bitcoin adoption.

Bitcoin price is volatile. Elderly hearths may not handle that too well.
So although on paper it sounds nice (adoption, handling taxes and conversions), it's not OK as solely Bitcoin based fund.

Also, Bitcoiners can make a 100% Bitcoin "fund" themselves ("be your own bank" & "not your keys, not your coins").

So I think that for this job a super diversified fund with also Bitcoin in it is a better option. Much smaller growth, but always growing. Sorry.

Indeed. Retiring means you're just enjoying the life by relaxing and taking care of yourself, but with Bitcoin as a retirement investment, I think instead of enjoying their retirement, it would be another stressful part of their lives whenever they are looking at their ledger or online wallets seeing the price of Bitcoin going down and going up.

And it might be the reason why instead of having profits, they would lost their profits because they withdraw all of their Bitcoins into fiat due to a panic attack.