Bitcoin has been considered as an option of retirement investment for young people instead of traditional savings or fixed benefit programs such as standard pension plans or defined contribution programs. There is no doubt that most people rely on some form of personal savings for their retirement income. However, the reason that this arrangement is a success is because of decades of low inflation and brief recessions. The current global financial crisis results in a surge of inflation. It indicates for those who still in the workforce, the devaluation of fiats such as Dollars and Euro and the rise of Bitcoin could be game-changers.
Resource: Is 1 Bitcoin Enough For You To Retire On? This Analyst Thinks YES
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