10 sats \ 1 reply \ @nullama 29 Nov 2023 \ parent \ on: Stacker Saloon
It does belong to you, just that it is a "forced long term savings account".
Many people never manage to save for retirement, so they created this instrument so that by default people are saving some money for retirement.
In some countries you can actually set it up so that you invest it yourself, and you can put it into Bitcoin. Still the same applies that you can't get it until you retire though.
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0 sats \ 0 replies \ @bitcointerest 30 Nov 2023
Many people never manage to save for retirement
I understand your point. My only issue is not allowing people to make use of the funds when they need it. Most people don't even live to see retirement. Seems a bit strange that people have to jump through so many hoops just to get access to what's rightly theirs.
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