Many Bitcoiners will retire, demographics be damned.
BitcoinMendocino's avatar BitcoinMendocino
Strongly believe our parents are the last humans who will ever retire. They know it. You know it. And it's because the math is fundamentally broken. Life expectancy up. Birth rates down. Pension funds gambling on 8% returns while bonds pay 2%. Every government running the same Ponzi hoping they're not in charge when the music stops. But also, and here's where it gets darker, we don't want retirement anymore. IMO when people say "I want to retire early" I think what they really mean is that they want optionality. The "dream" isn't to stop working at 65 it's to stop taking orders at 35. So when Bitcoiners say "Bitcoin is my retirement plan" I don't think they really mean a literal retirement plan because retirement isn't a thing anymore. It's an escape velocity plan. You don't need enough to never work. You need enough to never need to work. The 401k is a museum piece. The pension is a fairy tale. We're all going to work until we die OR build something that works while we sleep. - Fernando Nikolic image
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Replies (2)

Ryan Reynolds's avatar
Ryan Reynolds 2 months ago
I’m 45. My net worth in 2020 was still negative from my divorce. I discovered bitcoin that August. Modest DCA, with occassional buys on dips, since. I have a senior and a freshman in HS. By the time the younger is out of college, I’ll be ready to ‘retire’. By which I mean do what I want, for money I likely won’t need, other than to not touch my assets. Our parents were the last generation to retire to someone else’s plan.
Ryan Reynolds's avatar
Ryan Reynolds 2 months ago
And in fairness my dad is 79 and in the office, daily, because he wants to be