What if some country decides to pay pension to working population in bitcoin ? What percent of people will agree to getting pension in bitcoin in your opinion ? What will be the benefits and limitations of this occurrence in long term on people and economy ?
If a country does that, more than 50% of the working population will not agree to that. Do you realise that does that understand and wants to learn about bitcoin are mostly people that are not involved with the government work. Most people that like the bitcoin idea are mostly working from home, and don’t need any pension. So the vast majority of the government workers are not enlightened or conversant with the bitcoin technology which will make it hard for them to understand and use when their funds is being paid there.
If the government wants to employ this method of payment for pensioners, it will have to be for those that are more used to using computers in their place of work and can always use one at anytime (those employed in the computer age), the government will then set up committees to teach and guide them on how to use bitcoin technology better to be able to access their money after they retire. It is a good idea but its feasibility is what is the problem now.