At least for me this has been reality for the last 6,5 years. As I sport a job where I cannot gain a pension (too long to explain - but since I don’t work in the country of my citizenship - i am not entitled to any pension even if I decide to go back home in the future). Hence, after the 40s I started to think seriously about my retirement plans. I of course tried stock picking, dividend growth investing and all the rest - till I decided to make Bitcoin my pensjon scheme. Beside a few MSTR shares - I don’t hold anything else than btc in cold storage. If I lose my money - I am truly in the worse space possible so what I saved so far are the money that I CANNOT afford to lose. A company stock can crash, an house can burn, a business can fail, a good bar can be stolen… also bitcoin needs security - this is why I cold storage with passphrase - but I have the feeling that it will be the fastest horse in the race and the risk to hold bitcoin is lower than anything else.
I cannot afford to lose my retirement. This is why 99% of my savings are in the best bank in cyberspace - Bitcoin. Because in Bitcoin I have all the money I cannot afford to lose.
Happy stacking to everybody.
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