Public Sector Pensions Are Counting On Cryptocurrencies, Should You?
By Patrick Tan on ALTCOIN MAGAZINE
Gregory Eaden makes a big show about the water that runs from his faucet.
“Look at this stuff, should anyone even be allowed to drink this stuff? Is this even America?”
Eaden, like the other residents in Flint, Michigan, is of course complaining about what passes off as water in the once thriving industrial town in the heart of what was once America’s industrial heartland.
Like so many other towns that once represented the American dream, offshore manufacturing and globalization have taken their toll on the backbone of America’s industrial glory.
But Eaden has one feather in his cap, apart from his fellow Flint residents — he has a pension. Eaden used to work for the Ford Motor Company, where he worked the assembly line, rising to floor chief and retiring almost two decades ago.
For Eaden and thousands of other workers like Eaden, a pension provides for the fruits of their labors, a recompense for their dedicated years of service to a company, in return for a safety net at the…
