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 ?
This not only brings no benefits but also causes controversy and fierce opposition from retirees. Firstly, not everyone knows about bitcoin, especially older people. Second: Bitcoin's volatility is also a barrier that makes some people not like to use it, so the government will face many difficulties if it applies this. But I don't think this scenario is possible because we all know that the government has never been friendly to bitcoin. They will never use it as a currency to pay people's pensions.