Bitcoin and pension fund | Bitcointalksearch.org

lepbagong

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Quote from: maxreish on July 02, 2021, 10:30:28 AM

It has been discussed with the other thread regarding bitcoin pension funds on this forum. Perhaps, if we are talking about the future, some companies will most likely reconsider that option. Though I do not think it is a good idea as the price wont be stable if they'll set particular basic amount in terms of bitcoin.

And as for the gold, it is too special that it wasnt that easy to mine gold and to make it as a pension fund? Nah, I dont think it will be great to consider that idea.

indeed, the consideration of giving a pension with bitcoin is certainly a good way because it follows developments that have continued to develop so far. but it looks like it's too risky to do it without thinking about what will happen in the future, because we know the bitcoin price is unstable. if the calculations are done in the end it is detrimental, of course it is not good for the future of the recipient. it's better if you have to use a stable coin like USDT etc.

In principle, don't force it if it ends up being detrimental to the beneficiaries, because in retirement they need funds that do not change from when they received them.

maxreish

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It has been discussed with the other thread regarding bitcoin pension funds on this forum. Perhaps, if we are talking about the future, some companies will most likely reconsider that option. Though I do not think it is a good idea as the price wont be stable if they'll set particular basic amount in terms of bitcoin.

And as for the gold, it is too special that it wasnt that easy to mine gold and to make it as a pension fund? Nah, I dont think it will be great to consider that idea.

Kittygalore

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I don't know much about the reason why gold isn't part of pension funds but I don't think that all pension funds don't have any gold in their portfolio. I think it's a good time to add bitcoin to pension fund because if you look at it, the prices overtime proved that bitcoin can go back up in prices even if a manor setback or dump happens.

Alert31

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Quote from: brainactive on June 30, 2021, 04:48:07 AM

Pension funds typically provide investment options such as shares, property, cash and bonds.

1. Is Bitcoin likely to join the mix in the future?

2. Why is gold not usually available as an investment option for pension funds?

All I know, pension funds is only based on fiat currency which is regulated by the local government. Bitcoin is not a legal tender and not yet acceptable as payment method in different business establishment. Also it is impossible for the government to use bitcoin as a pension fund because it is highly volatile.

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Bitcoin is still much in doubt for the government for those who provide pension funds in the form of bitcoin because we know the price of bitcoin is very uncertain with many very significant changes, unless we change the pension fund to fiat and then invest if it is the main trust for some people are retired, but are they totally sure about bitcoin? there are still many doubts.

But it's a risk if bitcoin as an investment tool is profitable and risk-ready doesn't matter because it's old money where there can be no greater risk at such times so stocks and gold might be much better off.

ChiBitCTy

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Quote from: brainactive on June 30, 2021, 04:48:07 AM

Pension funds typically provide investment options such as shares, property, cash and bonds.

1. Is Bitcoin likely to join the mix in the future?

2. Why is gold not usually available as an investment option for pension funds?

As many people know, at least here in the United States, Pension have been on their way out for a long time. Very few private businesses offer pensions these days and mostly just governments. Reason being? They are not sustainable. There is a reason my state of Illinois is the most bankrupt, corrupt state in the U.S. and in large part it has to do with it's employees pension funds ( I actually work with governmental employees daily and speak about this all the time. Pensions tend to only allow more stable investments, and when you get highly volatile investments in the mix, that puts peoples retirement checks at high risk. So right now, it is not really a legitimate choice for fund managers.

semobo

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Quote from: brainactive on June 30, 2021, 04:48:07 AM

Pension funds typically provide investment options such as shares, property, cash and bonds.

1. Is Bitcoin likely to join the mix in the future?

2. Why is gold not usually available as an investment option for pension funds?

Bitcoin is classified as an asset by the governments not as legal tender and also they implemented huge taxes on bitcoin so its more likely the users will be paying the money from their hands intead of making any returns if they add it to the long term investment, but it depends on where we are living.

Gold actual have the value neither of them in the list doesn't have that is why it is not available.

cotton ball

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bitcoin and pension funds, maybe this is a very good idea, but if we look at the movement of bitcoin, we should still use bitcoin as an asset, because if we have made bitcoin into a pension fund, we make it a legal currency, etc., I think bitcoin in the future is no longer a challenge, and a new nuance,, we need to know bitcoin is coming to give us a new feel, which is not the same as fiat currency work...

ipanks

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Quote from: Rajamuda on July 01, 2021, 11:24:52 PM

I think bitcoin itself is less suitable for pension funds because of its more active fluctuating price movements, but that doesn't mean bitcoin won't join in the future, I think bitcoin remains in its role and can become more popular from other sides such as investing, trading, certain transactions, and others related to a certain project.

Bitcoin is suitable for investment and it can be your gold so if you need money, you can sell your bitcoin and make money. Bitcoin should be the investment than to be the payment system because the price volatility is very sharp than the other commodity.

I consider selecting bitcoin and gold as an investment option for pension funds because both bitcoin and gold can give us the money we needed in the future. Even if the price has volatility, but in the future, bitcoin and gold prices can increase higher than today, but the increases of the gold price will not be like bitcoin price.

Related to question number 2, I think that is because gold is a personal option and not all people will invest in gold as an investment. We know that many other things can be the investment such as land, building, home, antique stuff, or else.

Rajamuda

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I think bitcoin itself is less suitable for pension funds because of its more active fluctuating price movements, but that doesn't mean bitcoin won't join in the future, I think bitcoin remains in its role and can become more popular from other sides such as investing, trading, certain transactions, and others related to a certain project.

Hydrogen

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Gold and precious metals are considered good investments during times of high inflation/recession.

In a normal economy, other assets on average will offer higher % returns than gold. Making them more attractive.

Pension funds are special in that they're expected to operate over a span of decades. If they were flexible in their investment strategy. They might buy stocks during a bull market and switch to holding bitcoin or gold in times of recession or inflation to preserve their reserves.

The performance of bitcoin could be evidence pensions might benefit from investing in algorithmically limited deflationary assets. That are publicly traded and useful for remittances. There are many interesting discussions which could had on this. If people were ever interested in discussing anything.

ene1980

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Quote from: brainactive on June 30, 2021, 04:48:07 AM

Pension funds typically provide investment options such as shares, property, cash and bonds.
1. Is Bitcoin likely to join the mix in the future?

If you think that Bitcoin will be a stable currency without much fluctuation then people might consider investing their pension savings in the Bitcoin market, other than that none of the investors will advice anyone to invest their pension funds in a highly volatile market. Typical pension funds are invested in safe market that are not highly volatile.

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Quote from: brainactive on June 30, 2021, 04:48:07 AM

Pension funds typically provide investment options such as shares, property, cash and bonds.

1. Is Bitcoin likely to join the mix in the future?

2. Why is gold not usually available as an investment option for pension funds?

Well, comparing both has a simple answer, and let us start from a basic one --bitcoin and gold are totally different, you can assume that bitcoin can be your pension plan because the price has a potential to increase and have strong volatility when it comes to price that could be somehow will up due to the limit of supply whereas gold has a limited supply and the price are almost stable that it will increase for a small percentage every year. At this people think that bitcoin is the best for keeping the value as an asset than using it as an alternative currency, that is why it is very suitable as an pension plan.

Oilacris

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Quote from: ropyu1978 on July 01, 2021, 08:54:51 AM

bitcoin has grown for more than 10 years, the beginning of the emergence of bitcoin everyone hesitated and was afraid to hold bitcoin, let alone invest in bitcoin, even some big countries banned the use of bitcoin, but over time, bitcoin continues to be sought, and continues to be used as an asset and Big companies have started collecting bitcoins until now, I believe that maybe in the future private companies will take steps in bitcoin, and make bitcoin a pension fund, for bitcoin holders..

Nothing had already anticipate on how far bitcoin could potentially go but for those who had risk on early days did really took the profit and it is really that worth the wait.

If we do talk about pensions and stuff then we cant really just easily rely into something or does have an assurance. When we do talk about bitcoin as part of it then

its up to someones risk taking thing because not all would really be having the mindset. Anything has risk even though it do show some good progress but we know that theres no such thing
about guaranteed safe or risk free.

maydna

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Bitcoin can join the mix in the future, but it needs more time because bitcoin needs government approval. Once the government accepts, people will start to use bitcoin as their investment. But we do not have to wait for that because we already knew bitcoin for a long time and saved bitcoin.

People knew gold as an investment a long time ago, and they think that gold is the best investment for them. So if they know about bitcoin and realize the benefit of bitcoin, they will race to invest in bitcoin and save it for their future.

Related to pension funds, I think that will depend on what people choose, and if they like bitcoin, they will use bitcoin. Otherwise, they will still select gold as their investment.

Dhoe

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bitcoin and pension funds, according to the rapidly advancing development of bitcoin, it is not impossible that large companies will approach bitcoin, to collaborate, to be able to get the same benefit, even companies that provide pension funds will cooperate with bitcoin, Let's see what will happen in the future, hopefully what we hope for comes true..

ropyu1978

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bitcoin has grown for more than 10 years, the beginning of the emergence of bitcoin everyone hesitated and was afraid to hold bitcoin, let alone invest in bitcoin, even some big countries banned the use of bitcoin, but over time, bitcoin continues to be sought, and continues to be used as an asset and Big companies have started collecting bitcoins until now, I believe that maybe in the future private companies will take steps in bitcoin, and make bitcoin a pension fund, for bitcoin holders..

Luzin

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Great idea but not likely to be anytime soon. My country is a country that provides crypto as an asset. They will not recognize as legal tender. So the government will definitely not use Bitcoin or other crypto as pension money. It's officially the government, but if you retire here unofficially, that's fine. Just like the advantages of Bitcoin, having a limited supply and holding on to inflation is very good as an unofficial pension fund. Because the value is believed to be going up even though the movement is very unstable.

TribalBob

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bitcoin can not be an option for retirement funds , unless the company we work for already uses bitcoin to pay salaries . but if the company has not used bitcoin payments I think it is difficult to have a pension fund in the form of bitcoin, because ordinary pension funds have been regulated by local government laws and managed by certain parties

ven7net

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Quote from: brainactive on June 30, 2021, 04:48:07 AM

Pension funds typically provide investment options such as shares, property, cash and bonds.

1. Is Bitcoin likely to join the mix in the future?

2. Why is gold not usually available as an investment option for pension funds?

I believe that US pension funds have large savings and if the dollar continues to depreciate, then these funds will lose all their funds. I don’t think they don’t think about how to save their funds and probably they have been investing for a long time or some of them in different directions. The question is, are they investing in BTC or are they going to do it? But what if the price of BTC was deliberately lowered to attract the attention of pension funds and other funds? So what! First, they showed how the price of BTC is growing, then, as it were, they scammed the price to hint they say, come in while there is an opportunity. Thus, drawing more and more money into BTC.

Topic: Bitcoin and pension fund (Read 349 times)