My bitcoin allocation is I am not getting a State-funded retirement pension and the State has turned private retirement plans a scam that doesn't even allow you to save on taxes - just defer them and pay up retroactively precisely when you need the money.

Also, I don't have access to the enormous downpayments required to get a housing loan, because I pay an enormous rent. All other yield-producing assets are equally out of reach due to extreme market inflation caused but the absurdly large generational gap that the toxic blend of socialism and vote-based government election causes, plus the fiat steroids.

So while Bitcoin is useless as a yield-producing asset, because it doesn't do anything or have any utility per se, it does provide 1. perfect store of wealth for whatever savings I'm still able to put together despite everything, 2. it still has a couple pf cycles in it before it stops appreciating against fiat at double digit yearly rates, which makes up for point 1, at least for the next decade, so it's actually a very good deal nostr:note1w2ct8ghgve33e200d4kttxy5p5pd7hun5r42wnkuylawvnj72vpsjyq42j