YRP237 on Nostr: I'm hoping that the proposed Bitcoin Strategic Reserve can be used for those who are ...
I'm hoping that the proposed Bitcoin Strategic Reserve can be used for those who are interested to "opt in" to take their SS benefit payment in bitcoin instead of USD. That could certainly help the fund provide USD to other retirees for longer.
Then at the same time have young people, who also "opt in" to be able to have their benefits converted to bitcoin for them & that bitcoin be used to fund their retirement in 20-30 years. Then if they die before reaching retirement age, as unfortunately happens, that bitcoin should then be split between the remaining recipients so that the govt doesn't profit off those deaths but that money is disbursed to applicable family under the law first with any remaining funds split between recipients. That way their share is growing in addition to their contributions.
I really hope we can make these proposals & changes to make the transition as smooth as possible on everyone.
Then at the same time have young people, who also "opt in" to be able to have their benefits converted to bitcoin for them & that bitcoin be used to fund their retirement in 20-30 years. Then if they die before reaching retirement age, as unfortunately happens, that bitcoin should then be split between the remaining recipients so that the govt doesn't profit off those deaths but that money is disbursed to applicable family under the law first with any remaining funds split between recipients. That way their share is growing in addition to their contributions.
I really hope we can make these proposals & changes to make the transition as smooth as possible on everyone.