The regulatory risk of super is unacceptable. I see the day coming when we go to get our super and the rules will be changed to only allow a monthly draw down in the form of a pension or similar. Then when you die the remainder is taxed with a death tax or similar. To believe the government is not planning a way to get access to the 3 trillion is just naive. A self managed super fund holding Bitcoin at least gives you options down the road. It may mean having to leave the country but at least it’s an option.
Discussion
Agreed, who knows what form it takes, when they will do it, whether they do it all at once or slowly but they are looking at our money like it’s their money!
