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Author Topic: What if some country decides to pay pension to working population in bitcoin ?  (Read 383 times)
mvdheuvel1983
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November 11, 2023, 09:15:08 PM
 #61

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 ?
It should be a choice and not mandatory.

The younger tech savvy people will agree that when they retired.
One  of the limitations is that volatility my reduce the value of your pension.
flyingcarpet
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November 11, 2023, 09:28:59 PM
 #62

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 ?

It is very difficult to find a single answer for all users. For people over a certain age, it can be difficult to get out of the routine they are used to. For those who know Bitcoin, it may seem like a normal situation. Since 1 BTC = 1 BTC, I think nothing will change. Those who want to convert their salaries into fiat money exchange their Bitcoins when their salaries are paid, and so on.

If we want something like this to happen and have a positive impact on Bitcoin, it may be possible if it happens in many countries around the world. If this happens, the use of Bitcoin will become widespread and reach more people.
danadc
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November 15, 2023, 08:06:13 PM
 #63

It is not very far from making this a reality, in El Salvador things can go in that way, directly to what they can pay, the government is clear that it Loves its people, that is why it has made it available for people to do their things. transact with bitcoin and they can fill things so that it is more stable in terms of the economy, it is up to the inhabitants of El Salvador if they want to accept the tremendous rule that their president gives them who seems to be the most intelligent person of all politicians in the world and the fact that it is in El Salvador gives an example to the other presidents  who still do not adhere well to the new economic Technologies.
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