There’s a lot of news about Bitcoin reserves lately, which is great since it’s a positive sign. But isn’t it a bit early for them to jump on the hype without fully studying it first? After all, we’re talking about pension funds here which are meant for retirees, mostly older people. The volatility of Bitcoin could cause problems if it’s not managed properly.

Honestly, I’d prefer if governments invested using funds meant for reserves or extras, rather than pension funds, which are specifically intended for retired individuals. It’s a sensitive matter, and any mismanagement could have serious consequences for those who depend on those funds.

i think the best the government can do is give a course about bitcoin and give people an option whether they want to receive their pension funds in fiat or in bitcoin

misinformation can lead to future complaints since these elderly will be expecting something in bitcoin probably expecting for it to rise over time which it will but they most likely are not fully aware of the risks associated with bitcoin bitcoin is a very complicated matter that with the wrong idea might not seem the best opportunity for some so there definitely needs more guidance from the government and not just throw bitcoin at everyone's faces especially the elderly who are not as adept with technology

I’m just curious, since this is in the US, does a law need to exist that allows a specific state to consider Bitcoin as a strategic reserve before they can draft legislation? After all, US federal law applies to all states, and as far as I know, the United States is still debating whether to make Bitcoin a reserve asset. So, no law has been created for it yet, right?

I tried to double check, and indeed, there is no federal law prohibiting U.S. states from holding Bitcoin.
Albeit now would be the best entry point for all of them to make their moves on the decisions because of the administration that would currently be in the house.