Bitcoin as a Retirement Account

[Priaa165]

Bitcoin as a Pension Account is a new idea and I like that concept. But this has limitations because there are still many pensioners who have never even heard of bitcoin it's possible for them this platform is less secure, just because they don't understand the concept.

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[Mikado_]

I think it's a very wise option, because fiat accounts will be plummeted by inflation.

And the more inflation, the higher Bitcoin's value is.

[laracastvue]

Should not, because their prices are constantly fluctuating, until you retired perhaps the BTC is just a pile of debris, no longer worth to sell so you will lose everything.

It was not always fluctuating and it will be depending on how the market price works because sometimes the demand is increasing as well due to more investors in the market so we can say that it was profitable.

[TheNotoriouss]

This is interesting but not first in to-do list I guess. Who's investing in ICO guys? Have you heard about Kelvin Blockchain project, i'm willing to invest in it, seems pretty decent, but need you feedback.

[Minh maluco]

Bitcoin as a Retirement Account. I think that's a good idea  and if Bitcoin is a long-term success in 10+ years it will be a better a retirement No fees, no age restrictions, etc

[sieemma]

It will be a good plan to have bitcoin as a retirement account. At the moment, I still see the price of bitcoin to be too low that when one invests in bitcoin, it is going to save them throughout their retirement.

[tuturutmunding]

I have lots of bitcoin accounts that I want, hopefully everything I try can be realized to invest bitcoin for savings in old age. everything has been planned to welcome and enjoy old age how much do you save bitcoin for old age?

[ejandjm18]

For me, it is the best choice that bitcoin investment for retirement account. We can sell it when the price of bitcoin will increase. We can also use bitcoin in investing other business like boarding house, pension house etc.

[Vorzlave]

For me, Bitcoin as a retirement still look one of the best option right now, along with gold, but while one has a good chance to rise, the other not so much. Baybe wa can star with 20% bitcoin and 80% gold, to remain in the safe zone and prepare for year 2020, if you know what I mean.

[yourialfa]

I think it looks good and is very profitable for the future. Making bitcoin a retirement account. I can imagine how to do that. Send a small portion of bitcoin and only save. And there is no need to think about the rise / fall of bitcoin. what is thought of is the future. It seems like it would be a good idea to become a bitcoin as a retirement account. So we can enjoy results in the future.

[maksimukr1989]

Yes bitcoin is cool! I hope that the current generation is simply obliged to buy themselves 10 bitcoins for old age))))

[noormcs5]

In some countries illegal Bitcoin and those who are not rich enough to use BTC. How does Bitcoin make retirement accounts?

First of all, the countries which have declared bitcoin illegal are still using it because no government can never completely ban the bitcoins. So what you need to do is to buy and hold your bitcoins in your cold wallet for your retirement. Once you are retirement, those bitcoin may may enormous price that you can't even think of. Also who knows by that time bitcoin is legal in all countries , including urs 
So i think Bitcoin is the biggest saving if you can do it now.

[best ever]

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.

It can be a good idea unless you will have $0 in your account till your retirement time because of volatility and instability of this market. And when all the prices will go down, right to the bottom.

Bitcoin and altcoins are volatile. I do not see any reason in creating the cryptos retirement account. I am more than sure that less than 1% of retired people will agree to open it.

[spongegar]

The theory is sound but I'd suggest the employee rather than the employer take aside a certain amount of money off of their salary into a crypto currency account ot a fiat account for retirement. I yhink it's far better considering you don't have to wait for your retirement to use it. It could be as an emergency fund or something.

[Finnong]

I don’t think people would want their retirement money to be in a volatile crypto investment. We usually want to retire with our money intact for our own purpose and plan. If we retire eventually its our prerogative to do what we want with our own money.

[Lonthe]

Many people make bitcoin a long-term investment or for retirement, in my opinion this is reasonable because the future prospects of bitcoin are so large that investment in bitcoin is very good and profitable.

[Kawatan Ug Manok]

This is an obvious act of IDIOCY Why would your employer do such an irrational thing? It is a joke when I first heard it. Because if you will retire, there are a lot of tendencies to happen. Like: what if bitcoin that time already died? It is not impossible because there are a lot of new coins on the market nowadays. Also if that happens, how could you support yourself if your salary will go to that wallet? This is funny thing you know.

[kingasf10]

I am amazed to see that many people are not showing enough confidence in bitcoin as retirement plan.
In fact if we add Bitcoin in our retirement account , i am sure everyone will see a great value for bitcoin which will be never devalued.
Bitcoin is not like a printing fiat again and again, it has limited supply so as the demands and utilization will grow, the price will also grow so the retirement account too.

[Pattart]

Should not, because their prices are constantly fluctuating, until you retired perhaps the BTC is just a pile of debris, no longer worth to sell so you will lose everything.

For the short term I admit that it will be risky due to fluctuations, but for the long term, I don't think so. the development of bitcoin shows a positive thing many people around the world are interested in using bitcoin and that is the key to the future growth of bitcoin prices that will make you profitable..

[jack wira]

the salary of a retired employee must have compiled it so well that we plant it in order to increase the amount of salary we have