$28 trillion in Bitcoin for retirement industry.

[Qcrypto]

Check this out: https://crypto-potential.com/post/%2428-trillion-retirement-market-to-crypto

Article says that only about 7.1 million (out of 355 million) Americans are using/owning Bitcoin. Thats a huge market potential right there.
They are seeing retirement industry as the next step for Bitcoin.

$28 Trillion is a lot of money and it just represents the USA.

Thoughts?

[batang_bitcoin]

We're not yet there and IMO we're far reaching that market cap. What we must aim first to reach back the all-time high that we're crazily hyped. And once it's done, we should aim for the $1T cap first before thinking of beyond. Bitcoin is volatile and it's the character which will make it reach those heights that we haven't expected before. The STF model has been a massive topic for the past weeks and even months before, we'll see it in the future if it does.

[Qcrypto]

We're not yet there and IMO we're far reaching that market cap. What we must aim first to reach back the all-time high that we're crazily hyped. And once it's done, we should aim for the $1T cap first before thinking of beyond. Bitcoin is volatile and it's the character which will make it reach those heights that we haven't expected before. The STF model has been a massive topic for the past weeks and even months before, we'll see it in the future if it does.

Have you even read the OP?

[BrewMaster]

Article says that only about 7.1 million (out of 355 million) Americans are using/owning Bitcoin.

considering you own this site, where did you get this number from? it seems too huge to me. there might have been a couple of million people who temporarily invested in bitcoin during the 2017 hype but they weren't long term.

[Qcrypto]

Article says that only about 7.1 million (out of 355 million) Americans are using/owning Bitcoin.

considering you own this site, where did you get this number from? it seems too huge to me. there might have been a couple of million people who temporarily invested in bitcoin during the 2017 hype but they weren't long term.

There is a link at the bottom of the post

[avikz]

Check this out: https://crypto-potential.com/post/%2428-trillion-retirement-market-to-crypto

Article says that only about 7.1 million (out of 355 million) Americans are using/owning Bitcoin. Thats a huge market potential right there.
They are seeing retirement industry as the next step for Bitcoin.

$28 Trillion is a lot of money and it just represents the USA.

Thoughts?

I am not sure about the numbers but potential is there! However, I personally don't think bitcoin has matured enough to become a suitable choice for retirement funds yet.

Probably millennials who have recently started working may consider it but definitely it is not a suitable investment for middle aged people. They simply can't take such risks. Probably small token investments can be done, but definitely not as a retirement fund.

People who are approaching retirement age, probably would like to stay away from such a volatile asset. They would want a stable return every month and bitcoin certainly doesn't guarantee any return unlike banks!