Quote from: malzahar on August 12, 2015, 09:41:04 PM

Quote from: funkenstein on August 12, 2015, 09:18:07 PM

Quote from: benjamindees on October 29, 2014, 05:29:24 PM

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.

Nice idea but you are kinda missing the whole point of "retirement",

which is, a word you use to get idiots to give up their valuables today on promises of getting valuables back far into the future.

I think most people can retire, but its not the lifestyle they would want which stops them from real retirement.

Like getting a bigger house or a ideal car.

If you take out these things, most people can buy a $30k home in las vegas or something and start being smart money.

A house only costs 30k in Vegas? In my country even for a really cheap and run down basic house you'll probably have to pay around 80k USD. I'd like to save my money as a retirement account or to maybe buy a house with bitcoins but I wouldn't rely on it. It's more speculative optimism but I would certainly have a retirement account in fiat too so both would be good.

Demille

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