Bitcoin as a retirement can be applied ONLY to those people who have knowledge on Bitcoin since they are young (around 20-30's I think or even 40's).
I know that there is nothing wrong with Bitcoin as a retirement but with its volatility, I doubt that those elder people can handle it especially those elder people who doesn't have any background regarding investing.
Bitcoin has been created so that you can make a transaction without using 3rd party so when it comes to retirement, you don't need the help of anybody too since you can create your account too right?? Just buy a hardware wallet, hold your Bitcoins and there you created your account already.
I know that there is nothing wrong with Bitcoin as a retirement but with its volatility, I doubt that those elder people can handle it especially those elder people who doesn't have any background regarding investing.
Bitcoin has been created so that you can make a transaction without using 3rd party so when it comes to retirement, you don't need the help of anybody too since you can create your account too right?? Just buy a hardware wallet, hold your Bitcoins and there you created your account already.
I believe employees in all countries would have this type of investment plan in a way there would be companies rendering services in which the employee would be saving 10% or more of his/her salary into retirement account. This type of investment would be tax free and I believe this is how it supposed to work in all countries. Normally, people save fiats into retirement account, and as we know that fiats are fully vulnerable to governmental manipulations which can result to fiats value depreciation/devaluation.
I believe that most of the employees around the world doesn't even know how to investment into different investments especially crypto unless you introduce it to them. I also doubt that this might happen in the future since Bitcoin is very volatile. One thing more is that like fiat, crypto is vulnerable too to manipulations. If Fiat is being manipulated by government, crypto is being manipulated too by whales