Investing retirement pensions in virtual currency offers potential gains, but exposes a critical vulnerability during economic turmoil. A recent Meritz Securities report highlighted this risk, stating cryptocurrencies lack underlying collateral. Unlike traditional assets, their value hinges solely on market sentiment and supply-demand dynamics. This absence of tangible backing poses a serious problem. In an economic crisis, when investors liquidate assets, cryptocurrencies offer no price floor protection. This could lead to devastating losses for retirement savers. While crypto adoption grows, this inherent instability demands careful consideration. Diversification remains crucial, and understanding the unique risks of virtual currencies is paramount before integrating them into retirement portfolios. A balanced approach can help mitigate potential downside during market downturns. ```