It’s not an incentive to save if it’s mandated by law and enforced with violence.

The cure for most people not wanting to save is a generation of people who didn’t save. That’s why everyone resents boomers - they are a generation who didn’t save and used debt to buy assets, but still get to take your money and cut themselves checks every month.

Luckily Bitcoin (sound money) presents a natural incentive to save which fixes this problem. 

 Well, you asked why it was good in principle 😃 

Have to agree that it's become a poster child for what's wrong with government--if you want to blame someone blame the politicians (not the boomers). 

 To be fair my mother didn't work but raised us before her divorce. So her ss is really small.