It is certainly going be an increase adoptions in near future.

[Bobcrypto]

Just like some states in the US had added Bitcoin to their pension funds, the state of Florida are also clamoring for similar Bitcoin pension funds to be added for retirement and expenses. What come to my mind on all this crypto moves in recent times is an increase on Bitcoin adoptions, especially in the US, and can also be going gradually to other part of the world. I think crypto is already gaining massive adoptions.

Check here for details: https://cointelegraph.com/news/florida-state-cfo-wants-bitcoin-included-state-pension-funds

[ZAINmalik75]

Just like some states in the US had added Bitcoin to their pension funds, the state of Florida are also glomoring for similar Bitcoin pension funds to be added for retirement and expenses. What come to my mind on all this crypto moves in recent times is an increase on Bitcoin adoptions, especially in the US, and can also be going gradually to other part of the world. I think crypto is already gaining massive adoptions.
check here for details: https://cointelegraph.com/news/florida-state-cfo-wants-bitcoin-included-state-pension-funds

Most of the countries in this world are fast in terms of adopting new technologies and some are slow with same pace like my country they are now allowing soon to be a pensioner to get pension in BTC. This is a great plan but proper education must be given to these retired too. Without education they will be scammed and lose it all.

Adoption of BTC is very high and good news like this are adding to the value of BTC making it's future more bullish after the election we will see more uptrends and other worlds directly influenced by USA will also accept BTC.

[Z-tight]

States like Michigan and Wisconsin have already added crypto to their pension funds, so it would not be a bad idea if Florida's SBA considers Jimmy Patronis' request for them to add BTC to their state pension funds. I am certain it would only be a small % of their portfolio, so the risk will be low and the reward can be good for them.

[Crwth]

This is the CFO right? Jimmy Patronis? Proposing that the pension funds be in Bitcoin. I do hope that there would be an interest and acceptance with this type of asset instead of the traditional assets. Hopefully some people would follow suit about this as well.

[_act_]

I don't think we can have a reason for going less from the way of how things have started in crypto and where we are currently, just as we couldnt see the adoption and users of crypto decreasing, there's going to be a serious trend whereby everyone will be so intentional about bitcoin and also ask whether they could or not.

[Zed0X]

~ I do hope that there would be an interest and acceptance with this type of asset instead of the traditional assets.

While I also support the idea of bitcoin as pension fund option, I don't think it should completely replace traditional financial assets. I believe most people still prefer having different choices (stocks, crypto, or even gold).

In any case, much better than receiving depreciating fiats.

[bitterguy28]

Just like some states in the US had added Bitcoin to their pension funds, the state of Florida are also glomoring for similar Bitcoin pension funds to be added for retirement and expenses.

bitcoin is considered one of the best investments if not the best for retirement many plan on holding their bitcoins only to be sold when they are ready to retire so i think it is incredibly smart for pension funds to have the option to be bitcoin it will definitely make retirees more secured

What come to my mind on all this crypto moves in recent times is an increase on Bitcoin adoptions, especially in the US, and can also be going gradually to other part of the world. I think crypto is already gaining massive adoptions.

yes the more countries integrate bitcoin into their financial systems the more countries can study the impact or benefits of bitcoin to a country and therefore will give them more confidence in adopting bitcoin they surely would not want to be left behind if other countries are progressing

[target]

Isn't this the Florida state that got flooded by the recent typhoon?
According to some news they still are in darkness. No electricity in most part.

But it's good to see them adopt BTC. My guess is that more and more state will gradually turn to BTC. This adoption could possibly save the state from financial ruins especially with the bull run that is coming.

[Z-tight]

In any case, much better than receiving depreciating fiats.

Surely better, especially after it has depreciated during all the working year's of the individual. BTC is definitely not going to replace traditional assets as pension fund, it is too risky in my opinion, but it should be an option alongside traditional assets and hopefully Florida will implement this.

[Aanuoluwatofunmi]

Just like some states in the US had added Bitcoin to their pension funds, the state of Florida are also glomoring for similar Bitcoin pension funds to be added for retirement and expenses. What come to my mind on all this crypto moves in recent times is an increase on Bitcoin adoptions, especially in the US, and can also be going gradually to other part of the world. I think crypto is already gaining massive adoptions.
check here for details: https://cointelegraph.com/news/florida-state-cfo-wants-bitcoin-included-state-pension-funds

We are having this happening already and still still continue to happen because the more we keep seeing the people being interested in bitcoin adoption because they have realized its potentials to ones economy and financial life, so why will the upcoming generation not be able to do the same and adopt for bitcoin after making same discovery about the importance of bitcoin.

[robelneo]

Adoption is guaranteed as we move and from halving to halving, if you checked the news in the community, so much great news are coming, especially in the ongoing presidential campaign in the US, Bitcoin just reached $70k and this is a good sign headed to 2025 there's also a possibility that Bitcoin will reach $100k before the end of the year, so keep updated on the news that comes along.

[TomPluz]

State pension funds should really be adding Bitcoin into their roll of assets though, of course, they should have a serious study and analysis on the risks and rewards waiting for them. This can be helping the people who are in the fund as we know that Bitcoin has one of the best potential in terms of ROI and this can also drive more mainstream adoption of Bitcoin coming from institutional platforms. Hopefully, many other USA states would be considering and adopting this idea...as do many other countries as well.

[Rruchi man]

Just like some states in the US had added Bitcoin to their pension funds, the state of Florida are also clamoring for similar Bitcoin pension funds to be added for retirement and expenses. What come to my mind on all this crypto moves in recent times is an increase on Bitcoin adoptions, especially in the US, and can also be going gradually to other part of the world. I think crypto is already gaining massive adoptions.

Adoption was mostly always expected, but first on the road to adoption, the first stage is acceptance. After bitcoin has been accepted, companies and businesses, including individuals, will begin to see it for use, hence the adoption.

The only thing that will affect the adoption of bitcoin based on it's benefits is if another technology or digital innovation overtakes and claims the relevance and attention that bitcoin is getting. That can happen as well.

[Baofeng]

Just like some states in the US had added Bitcoin to their pension funds, the state of Florida are also clamoring for similar Bitcoin pension funds to be added for retirement and expenses. What come to my mind on all this crypto moves in recent times is an increase on Bitcoin adoptions, especially in the US, and can also be going gradually to other part of the world. I think crypto is already gaining massive adoptions.

Check here for details: https://cointelegraph.com/news/florida-state-cfo-wants-bitcoin-included-state-pension-funds

Yes, definitely we have gaining traction already, Asia to Africa, there are a lot of people who knows about Bitcoin or crypto already. So maybe what 5-10 years we might see the numbers growing year by year.

And for that matter, we might be very happy or fortunate as well that we have been year several years ahead before the whole world knows about Bitcoin and we have benefited and making lots of profits.

[Jating]

Just like some states in the US had added Bitcoin to their pension funds, the state of Florida are also clamoring for similar Bitcoin pension funds to be added for retirement and expenses. What come to my mind on all this crypto moves in recent times is an increase on Bitcoin adoptions, especially in the US, and can also be going gradually to other part of the world. I think crypto is already gaining massive adoptions.

Adoption was mostly always expected, but first on the road to adoption, the first stage is acceptance. After bitcoin has been accepted, companies and businesses, including individuals, will begin to see it for use, hence the adoption.

The only thing that will affect the adoption of bitcoin based on it's benefits is if another technology or digital innovation overtakes and claims the relevance and attention that bitcoin is getting. That can happen as well.

And it means it's a long process, and we can't complain though, I mean what do you expect on a market that is just like 10 years++? So we are still fairly young so we should understand that adoption might take years and years before the majority realizes how crypto will be relevant in our lives. And throughout history, we have seen this human behavior, take for example the Internet itself, in the beginning there are a lot of resistance but later on, it was universally accepted. So we might see the same process for crypto. Count in at least 20 years down the line and we will see how big it is that time.