This is great news but what would be even greater news is if they start to do pension payouts in bitcoin.
Just imagine if a couple of large pension funds around the world start to do all their pension payouts in bitcoin. That would add a couple of million if not hundred million wallets into the ecosystem.
The moment that happens even more merchants will turn to bitcoin in order to capture the business from those pensioners so there will be a complete knock on effect in the industry.
Just imagine if a couple of large pension funds around the world start to do all their pension payouts in bitcoin. That would add a couple of million if not hundred million wallets into the ecosystem.
The moment that happens even more merchants will turn to bitcoin in order to capture the business from those pensioners so there will be a complete knock on effect in the industry.
Well thats a bit tricky, since you cant buy food and basic necessities with bitcoin yet, and it dont think that would be wise thing to do, yet.
Pensioners are poor, and they dont want to see -20% of their pension evaporating due to current btc volatility. Plus they cant buy basic stuff like food, water, medicine and clothes like pensioners do.
In the future that might be different, but for now we need adoption in the 15-40 year age groups, who purchase the most stuff. Then we can deal with the old guys later. (of course i`m not countring rich whales who invest there, but those guys dont have a pension lol)
