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A comment on What Bitcoin’s White Paper Got Right, Wrong and What We Still Don’t Know (2018). Parent comment

Re:What Bitcoin’s White Paper Got Right, Wrong and What We S... by trident1000 on Saturday October 31, 2020 @12:33PM (#24952797)
Also means people can save without needing to be financial wizards to not lose much of what they have over their lifetimes. Keeping what you earn in real terms over a lifetime should not be as complicated as it is today.
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Re:What Bitcoin’s White Paper Got Right, Wrong and What We S... by wmf on Saturday October 31, 2020 @12:52PM (#24952960)
Target date funds aren't complicated at all.
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Re:What Bitcoin’s White Paper Got Right, Wrong and What We S... by BMSmnqXAE4yfe1 on Saturday October 31, 2020 @07:15PM (#24956013)
There is a lot of young people who think that stocks only ever go up. Wait until the the stock market crashes, and target date funds with it.
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Re:What Bitcoin’s White Paper Got Right, Wrong and What We S... by UncleMeat on Saturday October 31, 2020 @10:04PM (#24956730)
Okay. BTC can crash too. There is no risk free financial instrument that generates wealth. But index funds are far more stable in the long run.
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Re:What Bitcoin’s White Paper Got Right, Wrong and What We S... by wmf on Saturday October 31, 2020 @09:10PM (#24956534)
Target date funds aren't all stocks specifically to avoid this problem.
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Re:What Bitcoin’s White Paper Got Right, Wrong and What We S... by BMSmnqXAE4yfe1 on Sunday November 01, 2020 @01:32AM (#24957427)
"Target date" means the ratio of stocks to bonds in them is getting rebalanced each year - the closer the target date (retirement), more bonds and less stocks. They have 60% or more in stocks.
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Re:What Bitcoin’s White Paper Got Right, Wrong and What We S... by trident1000 on Saturday October 31, 2020 @01:03PM (#24953090)
Many people in the US and elsewhere dont even know what that is. Know whats way easier? Holding a global non-inflatable reserve currency and forgetting the rest of the BS.
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