Post
Topic
Board Bitcoin Discussion
Re: What if some country decides to pay pension to working population in bitcoin ?
by
Hewlet
on 11/11/2023, 18:47:38 UTC
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 ?
Before a country decides to pay her worker's pension in Bitcoin, it means that the country has accepted Bitcoin as a means of exchange and that the citizens are very much aware of Bitcoin. I guess that is the only reason that can make a country to make such decision if not it will course serious problem in that country.

Let me take my country as an example, if such thing happens almost every one will conclude that the decision is burned out of the plan of the leadership of the country to extort money from her pensioner because in the real sense, most pensioners her aged people that don't know much about the current status of bitcoin

Where there is high chance of such decision to gain acceptance could be if the government decide to pay her young employee in Bitcoin, since most young people already know about Bitcoin, it will be easy for it not to be refuted by them