JulieFig
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December 12, 2013, 02:08:27 AM

JulieFig nice post, welcome to the forums!

I've been reading for a while, but quite frankly, have been too intimidated by you big guns to post before. So thanks for the welcome - it is nice of you Smiley.

I think my Dad is in a pretty good situation - he has his 3000+ BTC which I know he would be tempted to cash out to get a nice tidy fiat sum. (Despite being a bitcoin believer, I think the lure of instantaneous gains is pretty strong.) But he physically can't touch it for another 8 years - it's all in his super account. I suspect he will be very thankful that the decision was out of this hands when the time comes to access it.

What's a super account?

The best equivalent I can think of is the 401k, but there are some differences. It is basically your retirement fund - can't touch it until you meet the minimum age.