Bitcoin Can Save California’s Largest Pension Fund From Its Existential Problems
By Dom Bei          

The author, Dom Bei, argues in an opinion editorial that Bitcoin could potentially save California's largest pension fund, CalPERS, from its significant unfunded liabilities.

The author suggests incorporating Bitcoin into the California Employers Pension Prefunding Trust Fund (CEPPT) or establishing a Bitcoin Municipal Employers Pension Prefunding Trust (MEPPT) to address the pension fund's financial challenges. By utilizing Bitcoin, the author contends that pension funds can benefit from its potential for higher returns and reduced risk of liquidation compared to other assets.

Bei highlights CalPERS' unfunded pension liability, which stands at 28% of its overall liabilities, and the potential burden of extra payments on municipalities and public agencies. He propose's that Bitcoin could fill the funding gap and alleviate the need for cities to make additional payments or cut services.

The author also suggests that a Bitcoin CEPPT or MEPPT could align with California's renewable energy goals and address concerns about CalPERS' investments in fossil fuels. They argue that Bitcoin offers a promising future and urges stakeholders to explore its potential for the pension fund's sustainability and the well-being of workers and retirees.

🦤 ZBD App Social

ZEBEDEE Announces Alpha For New Social Layer Powered By Nostr
By BtcCasey

ZEBEDEE has released an alpha version of its app upgrade, Social, which aims to transform social media engagement and content into monetary value. Creators on the platform will keep 99% of their earnings, providing a fair and value-driven experience.

The ZBD app, powered by Nostr, allows individuals to monetize their online identities and has attracted partnerships with industry players like Fumb Games and Wavlake. Users can earn rewards by engaging with games, podcasts, music, art, and more within the ZBD ecosystem.

The app introduces features such as Bitcoin micropayments, open social media functionality, and secure peer-to-peer transactions. The app is available for iOS and Android devices, and users can sign up for alpha access on the ZEBEDEE website.

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🏠 Breaking Barriers

Breaking Barriers: How Bitcoin Can Transform The Real Estate Industry
By Jenna Hall

In an opinion editorial by Jenna Hall, Bitcoin's potential impact on the real estate industry is explored.

Bitcoin has the capability to revolutionize real estate transactions by eliminating intermediaries, reducing fraud, providing secure transactions, offering new payment options and enabling the use of bitcoin as collateral. Bitcoin's secure and tamper-proof nature can enhance the verification of property ownership and prevent title fraud.

The removal of middlemen like lawyers and bankers can simplify the transaction process, reduce costs and expedite the buying and selling of homes. Additionally, Bitcoin's use in luxury real estate appeals to high-net-worth individuals and international buyers, while its acceptance as a legitimate form of payment opens up new possibilities for home purchases. The evolving landscape may see increased regulation and standardization, bringing stability and confidence to buyers, sellers and investors in the real estate market.

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By @BitcoinMagazine

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