Bitcoin has two major advantages:
1. Privacy, in a way we can save our bitcoin unknown to theives if all creteria for safety is considered and applied.
2. Appreciative money or asset that is not at all in any form vulnerable to central authority manipulations, and completely decentralized.
Some organizations are offering this type of service now in which you can be able to save usually 10% or more of your earnings into the retirement account, some other cryptocurrencies are also offered like ether, litecoin and bitcoin cash. I believe this type of bitcoin investment plan lacks privacy, but I think it is cool as the fiat paid lacks privacy already but the main advantage is that bitcoin being a deflationary currency will be best for this kind of account unlike fiats that will still appreciate over long time period, bitcoin will only appreciate (increase in price over a long time period.
What do you people think about bitcoin retirement accounts? I think it is cool and can also increase bitcoin adoption.
This is really a very good strategy to help retirees have a safe life without fear of inflation in their savings. An excellent plan to secure employee assets and facilitate Bitcoin to grow stronger in the coming years. Retirement funds usually hold a lot of money, so if this plan is approved by the government, the price of Bitcoin will soon reach $ 100k in the near future.
Bitcoin is actually showing its value, while fiat money is useless because banks run bad policies.