SwissNode on Nostr: here is my dilemma: i have a forced pension that is set in CHF. I MUST contribute ...
here is my dilemma: i have a forced pension that is set in CHF. I MUST contribute each month by law. I can't take it and hodl BTC.
Now the CHF is as hard af BUT it still evaporates as all fiat and the cumulative effect is disastrous.
SO.... WOULD I opt for some Bitcoin ETF instead of putting my pension directly into fiat?
I think the answer is : YES
So maybe the idea isn't so stupid for me. BUT I ofc get the whole shitty paper Bitcoin, custodial nature of it. Just being pragmatic...
The kicker to the story is... I was asked if I would like to switch from a CHF cash (locked) account to "invest in funds" mode - did this: the fund did a -17% in the very first year. You can't make this shit up!!
Published at
2023-12-30 13:20:48Event JSON
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"content": "here is my dilemma: i have a forced pension that is set in CHF. I MUST contribute each month by law. I can't take it and hodl BTC.\n\nNow the CHF is as hard af BUT it still evaporates as all fiat and the cumulative effect is disastrous.\n\nSO.... WOULD I opt for some Bitcoin ETF instead of putting my pension directly into fiat?\n\nI think the answer is : YES\n\nSo maybe the idea isn't so stupid for me. BUT I ofc get the whole shitty paper Bitcoin, custodial nature of it. Just being pragmatic...\n\nThe kicker to the story is... I was asked if I would like to switch from a CHF cash (locked) account to \"invest in funds\" mode - did this: the fund did a -17% in the very first year. You can't make this shit up!!",
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