For example, corporate pensions are a key factor in enabling working people of child-rearing age to change jobs without adding to their anxiety about post-retirement years. To encourage the broader adoption of corporate pension plans among SMEs, the Japanese government introduced in 2018 a simplified defined-contribution pension plan, and iDeCo+ (iDeCo Plus), a defined-contribution plan for small and medium-sized businesses.
That’s possible when the project is small enough. But now we have an elephant in the sandbox. So that approach doesn’t work anymore. 2/4  BIS central bankers' speeches  What happens if the coin reaches a global scale?