6 reasons to own bitcoin in retirement 👇
1⃣ Bitcoin helps broaden your asset allocation base - Diversified asset allocation remains a well-conceived strategy for moderating risk. While still in its relative infancy, bitcoin represents an entirely new asset class. Because of this, owning at least some bitcoin, especially due to its distinct properties when compared to other “cryptocurrencies,” provides an opportunity to broaden your asset base and more effectively distribute your overall risk.
2⃣ Bitcoin offers a hedge against inflation and currency debasement - In contrast to fiat currencies, no one can increase the supply and arbitrarily reduce bitcoin’s value. This fact makes bitcoin uniquely scarce among global monetary assets. Ultimately, this scarcity, along with bitcoin’s other monetary properties, should safeguard its purchasing power. As such, owning bitcoin during retirement offers you a hedge against inflation.
3⃣ Bitcoin offers an opportunity for asymmetric returns - Its supply is fixed (there will only ever be 21,000,000 bitcoin), and demand for the asset is growing steadily. As this limited supply collides with increased store-of-value adoption from individuals, institutions, and governments, bitcoin has the potential to dwarf the returns of nearly every competing asset class.
4⃣ Bitcoin offers protection from the risk of long-term bonds - Bitcoin exists in a separate asset class from bonds; it is a bearer instrument that is not exposed to the same money market risks, such as higher interest rates that suppress the value of bonds.
5⃣ Bitcoin offers a potential solution for long-term healthcare risk - Bitcoin’s usefulness as an inflation hedge and its potential for long-term price appreciation make it interesting as an explicitly-dedicated-hedge for this rapidly increasing expense in retirement.
6⃣ Bitcoin offers you individual sovereignty - If you hold bitcoin securely in a wallet you control, no central bank can steal the value of your bitcoin by printing it into oblivion. No CEO can dilute its value by issuing more of its “shares.” Nor can a bank arbitrarily block access to or confiscate your funds. Unlike centralized financial custodians, which can be ordered to freeze or withhold funds on the whims of government or other third-party authorities, bitcoin with keys properly held is resistant to these kinds of overreach.
Check out the full article on the Unchained blog 👇
https://unchained.com/blog/six-reasons-bitcoin-retirement/
trey / Trey
npub1m6…ue2p9
2024-06-04 13:05:25
Author Public Key
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2024-06-04 13:05:25Event JSON
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"content": "6 reasons to own bitcoin in retirement 👇\n\n1⃣ Bitcoin helps broaden your asset allocation base - Diversified asset allocation remains a well-conceived strategy for moderating risk. While still in its relative infancy, bitcoin represents an entirely new asset class. Because of this, owning at least some bitcoin, especially due to its distinct properties when compared to other “cryptocurrencies,” provides an opportunity to broaden your asset base and more effectively distribute your overall risk.\n\n2⃣ Bitcoin offers a hedge against inflation and currency debasement - In contrast to fiat currencies, no one can increase the supply and arbitrarily reduce bitcoin’s value. This fact makes bitcoin uniquely scarce among global monetary assets. Ultimately, this scarcity, along with bitcoin’s other monetary properties, should safeguard its purchasing power. As such, owning bitcoin during retirement offers you a hedge against inflation.\n\n3⃣ Bitcoin offers an opportunity for asymmetric returns - Its supply is fixed (there will only ever be 21,000,000 bitcoin), and demand for the asset is growing steadily. As this limited supply collides with increased store-of-value adoption from individuals, institutions, and governments, bitcoin has the potential to dwarf the returns of nearly every competing asset class.\n\n4⃣ Bitcoin offers protection from the risk of long-term bonds - Bitcoin exists in a separate asset class from bonds; it is a bearer instrument that is not exposed to the same money market risks, such as higher interest rates that suppress the value of bonds.\n\n5⃣ Bitcoin offers a potential solution for long-term healthcare risk - Bitcoin’s usefulness as an inflation hedge and its potential for long-term price appreciation make it interesting as an explicitly-dedicated-hedge for this rapidly increasing expense in retirement.\n\n6⃣ Bitcoin offers you individual sovereignty - If you hold bitcoin securely in a wallet you control, no central bank can steal the value of your bitcoin by printing it into oblivion. No CEO can dilute its value by issuing more of its “shares.” Nor can a bank arbitrarily block access to or confiscate your funds. Unlike centralized financial custodians, which can be ordered to freeze or withhold funds on the whims of government or other third-party authorities, bitcoin with keys properly held is resistant to these kinds of overreach.\n\nCheck out the full article on the Unchained blog 👇\n\nhttps://unchained.com/blog/six-reasons-bitcoin-retirement/",
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