The quote below indicates that bitcoin is far-off "reality." Does that mean that there is actual thought about whether carriers should pay benefits in Bitcoin? It boggles the mind. Workers' Compensation on the worker's side is set up for medical treatment and cash flow. On the insurer's side, it is a business. What if the injured worker is allowed to look at WC as a business also?
Payment in dollars for temporary disability benefits makes sense to assure that the injured worker's current financial obligations are being met. Permanent disability is determined to be... well, "permanent." So what if the injured worker is awarded an annuity or other financial instrument which is fiscally reasonable for replacement of proven lost lifetime income outlined by a given schedule, limited due to the no-fault aspect? What impact might that have on litigation?
"The actual use of cryptocurrency in our industry is a far-off reality." Jason Lundrum, Courtesy of the Sedgwick Connection via workerscompensation.com.