Oddbean new post about | logout
 Nah thanks mate, I don’t need to go gambling with #bitcoin, I have a “good work pension”.

Ok then, let’s run the numbers

Contribute 8% with tax relief and work adds another 12%

OR You use 8% of your after tax income to buy Bitcoin.

Yes, even when starting a year later and not engaging in the fiat pension Ponzi scheme, you have 36% more in your pot and only 22% less if you started 2 years later. And this pot is YOURS.

Switching straight to #Bitcoin in 2018 would mean your pot was 83% bigger. For the work pension to match that they would have had to contribute an additional 25% of your annual income to your pension along with your 8% contribution. & where would that money come from? Others in the system, because it’s a ponzi! https://image.nostr.build/f4550fc6f4c2da63b5f74499d551cb7208eb308059e4b8dcde1ce530f675ae73.jpg