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 ?
I don’t know if this is a good idea if they will implement this to the beneficiaries that belongs to old era which Bitcoin still doesn’t exist because they will surely have a hard time to use it when they want to cash out. Also the safe keeping of their asset is one of the main concerns since we are talking about retired people here.
This is only possible and good idea for those people that is still young when Bitcoin created like GenZ or something young generation since Bitcoin will be just a normal currency when the time come of claiming their pension.
I think it’ll be a great idea. They may have a hard time using it at first but they’ll get used to it. Nothing is easy on the first try even when you learnt about Bitcoin, you must have asked a lot of questions and needed guides too. They may be aged people but they could learn it anyway. If this happened, that’s a double plus for Bitcoin cause that’s some crazy adoption. Who knows, another country could consider doing the same afterwards. But let’s not live so much in our imagination, the probability of such happening at this time is very very low.