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Author Topic: Bitcoin retirement benefits  (Read 635 times)
Games.Bitcoin
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May 25, 2023, 03:56:57 PM
 #101

Bitcoin, as a decentralized digital currency, presents unique retirement benefits for individuals who choose to invest in it. Its limited supply and deflationary nature make it an attractive long-term investment option. By allocating a portion of one's retirement savings to Bitcoin, individuals can potentially benefit from its historically high returns and hedge against inflation. Moreover, Bitcoin's independence from traditional financial systems reduces the risk of government interference or economic instability affecting its value. However, it is crucial to note that Bitcoin's volatility and regulatory uncertainties should be carefully considered before incorporating it into a retirement strategy. Consulting with a financial advisor experienced in cryptocurrencies is recommended to assess the suitability and risks associated with Bitcoin as a retirement asset.

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serjent05
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May 25, 2023, 05:11:11 PM
 #102


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3. Bitcoin has no waiting season, anytime is your money

It is indeed that there is no waiting to cash out your Bitcoin but if we are smart, we will wait for bull market season before we cash out our money.  One good reason is that we can convert it to fiat cash in much higher value than when we convert it during market crash or bear market.


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4. You don't need to struggle, fight and loby to process your retirement documents

Still, you need to compete with the transaction fee to process it more quickly though the difference in normal network might just be some hours.

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5. When you WILLS or share your bitcoin to your children nobody will hear it

But someone can read it. will and testament often come in the form of documentation and it needs a sign of a lawyer if you processed it properly.  While in technical term, if your pc is infected with malware, hacker might read any activity of your device.  Worst your Bitcoin might get hacked leaving your heir with just an empty wallet address.

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6. Nobody will threatens or charm you for receiving retirement benefits from bitcoin since is not physical cash.

There is news about people attacked or kidnapped by criminals because they learned about the person's Bitcoin possession.  When a person has ill intention over your wealth, it doesn't matter if its digital or physical cash, they even prefer cryptocurrency specifically Bitcoin .

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May 25, 2023, 09:23:19 PM
 #103

Think of when you're aged enough, and you've enough bitcoin investment, with your small or big family no time to wait for government to pay retirement benefits. At this aged point so many things plays in your minds but no much strength to carry out any physical activities or you're ready to relocate to your village or where you build house. If you've built a good investment relationship with bitcoin then bitcoin has the following retirement benefits preferred to government or company rights:

1. Your bitcoin is right inside your pocket with your devices, no need to loby to get paid
2. You don't need to submit application, retirement documents
3. Bitcoin has no waiting season, anytime is your money
4. You don't need to struggle, fight and loby to process your retirement documents
5. When you WILLS or share your bitcoin to your children nobody will hear it
6. Nobody will threatens or charm you for receiving retirement benefits from bitcoin since is not physical cash.
7. You decided when and how to withdraw or keep it your choice.
By retirement benefits I mean when you're aged enough and you're no longer into bitcoin trading or investing more but you've enough bitcoin to withdraw and share, built family house, business and trains children. That's show you retired great.

There is one more thing, but it's doubtable if it's a benefit, since it can't be proven (at least now): the chance to save money in case of fiat inflation. There is a high risk of dollar and other main fiats inflation nowadays. However, the price of BTC can also fall in case of fiat inflation, but there is a chance to save money anyway.

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May 29, 2023, 06:24:00 AM
 #104

I'm sure that at least half of us here has this plan or already dealing with ,  My wife agreed on my plan of putting half of our money inside my crypto folio in which will stand till our retirement(as our age are almost the same.

-Beneficial ? or course Bitcoin is the best no doubt .

-Retirement ? in the next couple of years will come so better be ready.









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