Getting more people on board with retirement accounts

I had an AI crunch some numbers about shifting just 1 to 5% of Canadian tax-free accounts into bitcoin. It's a pretty cautious approach, but it could really stir things up in the market. If you're interested, try getting conservative estimates from your country and let's exchange insights here. We can brainstorm ways to persuade more people to allocate 1 to 5% of their savings into bitcoin. AI results: Here's a link to the AI's findings: https://www.scribd.com/document/923855261/A-Realistic-Estimate-of-Canadian-TFSA-Capital-Entering-the-Bitcoin-Market New link for update: https://www.scribd.com/document/923855261/A-Realistic-Estimate-of-Canadian-TFSA-Capital-Entering-the-Bitcoin-Market

Your doc has been removed. Anyway, I don't know how the Canadian system works, but in the rest of the world, you either can't withdraw funds from your pension plan before retirement age, or if you do, you have to pay high penalties. I don't even consider it. In addition, to diversify the risk, I leave what I have in the pension fund there, and I invest in Bitcoin separately.

This will only make us look that we're desperate to have other people on board and invest to bitcoin. It shouldn't be like this because if they want to invest, they have to understand the basics and how they're going to do it from their funds. While 1% to 5% is ideal for those who wants to test the waters but it's still not enough for them to realize and feel the gains if it's that quite small. So, as starting, it's good one but I don't want to convince people anymore as it will make me someone who truly is desperate.

I would find this kind of exercises something more similar to a game and not to something real. we don't need other people that invest in btc. for sure it will be a bigger mistake if you get people (forced to invest) into bitcoin and they will realize later... a bear market! How could we handle thousands of elder and salary man that could lost around 80% in few months? No one could afford to gamble in something that has no track record or it's not fully understood. this is both the basic and big advantages to use btc in my opinion

True, we are not a snake oil salesman who begs people to buy his useless merchandise. We can explain bitcoin to them and then they should make their own mind about whether they need bitcoin or not. Most smart people instantly figure out how superior bitcoin is to the many investment vehicles and they immediately add some bitcoin to their asset reserves and we need mostly these people anyway. No need to waste our time on people who don’t and won’t ever understand us. Satoshi has said something like that too but I can’t remember the exact quote. Anyway the idea is not to force people to buy btc. Most of them will do it because they will need btc one way or another anyway. No need to look desperate.

If the people continue to invest and not sell, they will later make money. 1 to 5% of someone's money is not that huge if invested on bitcoin. I also think it is s long term investment because it is a retire plan investment. Bitcoin will still later go up if not panicking.

Exactly, they're all grown ups to understand whether investing in bitcoin is up to them after hearing the basics about it. We don't need to push hard as if we're all salesmen here. We've got experiences as well on how people have turned us down when we're so optimistically talking to them and spent time discussing the potential of bitcoin. And that's why that energy is no longer in us, if they want to invest, they will but if not, we don't need to push and force them and coming to the point of convincing them.

I did not say beg, force, sales pitch, etc. I just said convince the masses that 1 to 5% of existing savings can help all of us. I also fixed the scribd link. https://www.scribd.com/document/923855261/A-Realistic-Estimate-of-Canadian-TFSA-Capital-Entering-the-Bitcoin-Market https://en.wikipedia.org/wiki/Tax-free_savings_account TFSAs are not tax deferred retirement accounts. They are tax free income accounts. Original funds in are taxable, but income while in the accounts are not. Each Canadian has a total TFSA limit of over $100,000 that increases by $7,000 each year. My TFSAs total over $100,000 right now, all in yield crypto ETFs. My RRSPs, which are 'tax deferred' retirement funds total another $100,000+ in 'Purpose Bitcoin Yield ETF - CAD ETF Non-cur Hedged'. Both ETFs use 'covered call' orders on the futures market to produce over 11% yield/dividend each year. It pays monthly and I total close to $2,000 each month in payouts to both accounts , tax free. At the end of 2025, I will move about $40,000 from my TFSA to RRSP. This will lower my net taxable income by $40,000. On Jan 01/2026 it will had that $40,000 back to my eligible limit in TFSAs plus the $7,000 top up for 2026. "If an account-holder withdraws funds from a TFSA, his or her contribution room is increased by that amount on January 1 after the withdrawal." I also had the same AI create a white paper on using TFSA, RRSP, etc for regular fiat transactions. If/when adopted, it would cause an input/output flow of ETF coin on paydays and month end rent/mortgage/car payments. People would learn to adjust their payments to the monthly flows. https://www.scribd.com/document/875528422/New-bitcoin-transaction-system

Exactly, gone are the days when bitcoin was very young that you preach the good news to people who aren't interested and we try to convince them. Anyone that's interested to invest in bitcoin wouldn't be forced because he's seeing it everyday on the news and social media how bitcoin is been talked about. No matter how hard we try to convince the skeptical people about bitcoin, they will not still buy if they don't want to. My uncle is a good example. I told him about bitcoin earlier, he refused and called it a scam. I don't tell people about bitcoin anymore, only very close relatives.

It is a silly movement considering retirement funds are needed at all times for retirees, not just the future. If you want to do that at age 25 and starting saving 5% of your salary in bitcoin every time you get paid, then yeah that is fine. But most of the time it is not going be that way, most of the time retirement money is needed by retired people so you can't just do this and get away with it. I personally believe the best return for this would be just avoiding everything else, and have fun with our lives without putting other peoples money into conclusion. Let others do whatever they want to do, and you can just get it better with your own money without having that type of approach for this in the end.

Nowadays, there is a literal meaning of what convincing says. It becomes a desperate move for the others and people look at the people who try to convince with a bad impression. Your experience is not different from me, that's why I am off with convincing people anymore about investing in bitcoin. Many of them called it a scam either and that's why I have lost my interest on being optimistic and encouraging about telling it to anybody.

It wont likely happen, more likely is investment via MSTR or similar.  BTC is classed as volatile and risky and pension plans go opposite to that usually especially towards the tail end and actual retirement (where the largest value pensions are).     I tried to put some in and I wasn't allowed a few years back, its too close to government regulated funds.  If everyone risked and lost their pension then the government is likely making up the difference so people dont starve in old age etc.

In order to convince anyone to allocate some funds, a low single-digit percentage to Bitcoin in their retirement plan is making them think as Digital Gold. Then explaining to them that the Gold market capitalisation is 10 times bigger than Bitcoin. The corollary of that is Bitcoin has still a 10x appreciation potential in REAL TERMS. Risks are too asymmetric in this not to invest 1% of total net worth in it.

Its hard to convince those no coiner to invest on Bitcoin for retirement. Because for sure this type of people are usually skeptical on things that they didn't know. Somehow its good to convince them that Bitcoin is similar to Digital gold since maybe it will catch their interest to try to put some money. But I will not provably rush them to invest and rather I will teach them those basic things they must know about Bitcoin. Then slowly insert those good things that might happen in future so that they would know that this coin is good to HODL for sure teaching them on how to do it would result on something good to them and maybe with that they are ready to put some money on Bitcoin for their retirement purposes. But I will not advice them to put everything they have but rather they should diversify or explore other type of investments so that they can possibly get more good results in future. Bitcoin is really a great asset and must have by people since if they missed to HODL it for sure they regret why they didn't buy Bitcoin before.

I believe that Bitcoin is so good that demand will continue to grow on its own, without the need for active promotion by us or anyone else. Apart from that, the OP seems to think that pension funds around the world work like those in Canada, and nothing could be further from the truth. As I said in my previous comment, in many other countries you can't even touch the funds until you reach retirement age, or you can't invest in Bitcoin with them, not even in stocks that have exposure to Bitcoin or in Bitcoin ETFs. So the OP's plan is impractical in most parts of the world, and even if it could be implemented, I think it would have a very limited impact.

Many other countries will not have the same tax plans as Canada. If Canada starts the trend, then other countries may have to change their rules about bitcoin, its ETFs, and tax/retirement accounts. If they don't then they will lose votes. I think the USA was the only major country to have bitcoin as an issue. In the future it will be an issue in more elections.This is called 'democracy'. If you believe in bitcoin but not in democracy, then go ahead and don't try to make it a political issue.

I agree with you on need of showing them some figures to prove that Bitcoin is a best investment asset than gold for their retirement and investment plans. Bigger market cap, smaller ROI with time. Top assets by market cap. Gold market cap: $25.842 T Bitcoin market cap: $2.231 T Bitcoin ROI is better than Gold in most of years since 2009.

Investing in Bitcoin is ultimately a matter of choice. No one is forcing us to do it; it all depends on our own decision regarding what type of investment we want to pursue in the crypto space. Whatever plans each of us may have, we ourselves know best what will benefit us or not. And for me bitcoin is good for retirement if I worked in the company for 20 to 30 years,  then stand by that conviction and continue accumulating it for as long as I can.

I didn't like the Idea of dealing with unreal statistics here, I would better want to deal with the statistics of those that have actually invested into Bitcoin and not estimate the price might appreciate to when a said quantity of liquidity is present. Bitcoin is for only those that chooses it and their investment is what that counts and not some imaginary investment prospects plowed by AI.

I think anyone with such ideas only gives more weight to those who claim that Bitcoin is just a type of online scam in which those who have already invested convince others to do the same so that those who have already done so can profit. I have personally heard this opinion many times and it never occurs to me to convince anyone what to do with their money, let alone convince someone to invest in anything as volatile as Bitcoin. After all, those masses you mention are heavily influenced by the mainstream media and high politics, which has poisoned them for so long that they behave like robots. Either way, it's a bad idea to convince anyone to gamble with their retirement funds.