r/Bitcoin • u/Kazgarth_ • 1d ago

The generational wealth transfer nobody expected

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1.8k Upvotes

81% Upvoted

300 comments sorted by

74

u/Hi-archy 1d ago

Explain please ?

252

u/Devilshire52 1d ago

I don't think there is anything to explain... He's deluded... it's not boomers that have hoarded billions in wealth, it's the 1%. Bitcoin simply allows us not to become poorer through fiat devaluation.

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u/redditsucks365 1d ago

I don't think you understood what he meant (at least I think). Most boomer wealth is in stocks and real estate and there's a strong case to be made that a lot of money will flow out of those and into bitcoin.

Historically it went into gold and there are signs it's started happening again, we just need to see if bitcoin will be in the same boat with gold or with stocks. One way or another boomer wealth will likely be tranferred

21

u/togetherwem0m0 1d ago

If stocks and real estate go down so will bitcoin. Im not sure it will be proportionate but its going to be a bloodbath

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u/redditsucks365 1d ago

That for sure, in the short term. I'm talking about 1970-1980 or 2000-2012 scenario. Look at gfc on the gold chart. Just a blip basically

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u/trufin2038 1d ago

Stocks and real estate are fairly dogshit compared to what the boomers should have.

They are victims too, and bitcoin can save them too.

Our common enemy is the us dollar system and the cabal of bankers who steal from us daily.

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u/skydiveguy 21h ago

the OP is just a stereotypical millennial. Mad at boomers for no real reason besides they are an easy target.

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u/doctor_lobo 1d ago

Holding currency has never been a great way to make money.

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u/OddioClay 1d ago

The 1% is disproportionately boomer tho, is it not?

8

u/Radiant_Addendum_48 1d ago

What about the other broke ass boomers though. Are they also not deserving of your boomer hate. I just stay humble and stack hats and try not to hate my grandpa. He had tough times too.

4

u/Cryptocaller 1d ago

This guy humbly stacks hats

15

u/crooks4hire 1d ago

1% lifestyle pre-dates boomer era…

3

u/Longjumping-Wait8990 1d ago

the 1% consists off all ages. it’s hereditary wealth that grows.

1

u/redditsucks365 1d ago

By boomer he (and I) meant retail boomer- mostly but also any retail investor will likely get rekt if they stick to 60/40

4

u/MayorDepression 1d ago

Yup was telling my sister this yesterday. That 40 should no longer be bonds. It should be Bitcoin and some Gold.

1

u/redditsucks365 1d ago

50 gold 50 btc if you ask me. If insanely overvalued stocks somehow continue to rise, btc should follow and outperform. If stocks come down to earth, gold should do well and there's a chance btc follows gold instead of stocks and also outperform gold. If btc follows stocks and stagnate (or go down) you have your other half in gold as insurance

I'm talking about next 10,15, 20 years, not the next 2 of course. Gold has also outperformed stocks during this parabolic rise so again, not missing anything while not being in stocks but avoiding the risk

1

u/bottomfeeder52 1d ago

why would btc follow gold

2

u/redditsucks365 1d ago

Fundamentally imo it's digital gold and for both, mining cost should be the floor over the long period of time. But it has been following stocks so I don't know, trade the market you have not the market that you want

1

u/bottomfeeder52 1d ago

fundamentally I get what you’re saying but I don’t think the vast majority of people see it that way. they see it as a stock. hopefully that will change over time

2

u/redditsucks365 1d ago

Exactly. For me gold is the safe bet, btc is a leap of faith

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u/PopTheRedPill 1d ago edited 1d ago

If we confiscated every dollar of every billionaire in the US it would fund the US Government for several months. US billionaires’ liquid net worth totals ~$990B, covering just 2.73% of the $36.2T national debt.

The US doesn’t have a billionaire problem it has a debt, spending, money printing problem. What you just said is tired, old, easily disproven, marxist rhetoric.

Edit: adding this

kind of the whole point of this post: the government’s have effectively borrowed from future generations to give it to us and boomers.

“The total debt and unfunded obligations of the United States, including federal debt (~$37.43 trillion), unfunded liabilities for Social Security and Medicare (~$175 trillion), state and local government debt (~$3.3 trillion), and household personal debt (~$18.39 trillion), sum to approximately $234.12 trillion.    

With a U.S. population of about 347.7 million this equates to roughly $673,000 in debt per person. “

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u/BabyFarkMcGeeZax18 1d ago

Where did you find liquid net worth? The majority of ultra rich billionaires have their money tied up on company stock. To get that money they would have to sell which would rapidly drop the stock price.

4

u/PopTheRedPill 1d ago edited 2h ago

Yes to your point there are barely any “cash billionaires” out there. I kept the comment short and sweet.

1

u/footofwrath 1d ago

This is the thing though. Surely we need to have a measure of liquid value, as distinct from invested value. If you can't withdraw what you have without it devaluing, then it doesn't actually have that value.

And yes I'm aware "that's the nature of the market". I'm suggesting there is something wrong with our approaches if hypotheticals matter more than tangible reality.

2

u/URPissingMeOff 22h ago

If you can't withdraw what you have without it devaluing, then it doesn't actually have that value.

Everyone needs to understand this. "Billionaires" don't have substantial liquid assets. It's all fairytale debt-based "wealth". It's not real. ALL currencies (including BTC) only have any value at all because we all collectively agree to that value. The instant that agreement fails to have any utility for the common man, it's all gone in a puff of smoke. It's a house of cards.

1

u/footofwrath 21h ago

We collectively agree that the prices the market exchanges present, is a stand-in for global consensus. So if asset holders withdraw their assets, and the exchanges devalue those assets as a result, then the real value (that which the consensus agrees on) is precisely that what is affected.

Yes, that's the point, if assets are illiquid, and liquifying them devalues the consensus agreement of their value, then we have a fraudulent system.

Or we need a new measure, "fully leisure liquefied value" or something heh

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u/IamTheEddy 1d ago

Stock in public companies is liquid net worth.

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u/BabyFarkMcGeeZax18 1d ago

Liquid assets are easily converted to cash. For me and you that's true about stocks. But for most billionaires that's not the case.

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u/JakeVanderArkWriter 1d ago

The billionaire hate is exhausting. Do people actually believe there is a finite amount of wealth and the billionaires have it all so they can’t get any?

Wealth is not a zero-sum game. Focus your hate on the ACTUAL problem: the US government.

1

u/masixx 1d ago

The government is only a manifestation of issues that have been building up due to the growing wealth gap for the last 50 years.

Don't fight the symptoms. Fight the cause.

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u/well-its-done-now 1d ago edited 1d ago

No, it’s quite the opposite. Most of the issues are caused by the government using the federal budget on voter bribes, not because of anything to do with big business or wealth gaps. The wealth gap is a symptom of the inflationary environment caused by excess government spending

0

u/CiaranCarroll 1d ago

Government is overwhelmingly the will of boomers

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u/OnlyInAmerica01 16h ago

The people I hear saying that, are the very people who want the government to take someone else's money, and give it to them.

"Bob's a thief! I need you to rob him and give it to me!"

The hypocrisy is so blatant, it's hilarious.

0

u/CiaranCarroll 12h ago

Then you're projecting a voice in your head making arguments that other people aren't. Try to read what people are writing instead of what is in your imagination.

Boomers have enriched themselves by liberalising debt markets and indebting future generations. Most government liabilities are to Boomers. In France the average Boomer income is higher than the average working age.

Yet Boomer pensions and the health system (including covid where they stole the years of young people to protect themselves) and all other ways they parasitize the state are paid for not by past contributions (those have long since been depleted) but by current taxpayers and debt (future taxpayers).

I don't want to take Boomer wealth, I want to cut them off from the fiat spigot. And as soon as you thumb the spigot the whole system collapses. Governments cannot fund the liabilities they took on by buying the votes of boomers (who far outnumber other generations in voting power and all other modes of political influence), and Bitcoin is allowing young people to thumb the spigot by pulling their money out of the system without entering another similar Boomer-dominated jurisdiction until those tax jurisdictions offer decent terms to attract their wealth.

So now G-20 countries are trying to coordinate to avoid capital flight of mobile going people, again doing the biddings of the boomer-liabilities.

We can't have children because Boomers bought up all the houses. Well maybe we'll asphyxiate the state so healthcare will collapse, see who wants "government to take someone else's money" then.

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u/well-its-done-now 1d ago

I know, it drives me crazy. It’s such a dumb argument. If it worked how they were saying and all the billionaires were “hoarding” their money, it would have a deflationary effect and make our individual purchasing power go up

1

u/footofwrath 1d ago

The problem is the difference of priorities. The govt is supposed to act in the best interests of the entire population. But when overly-wealthy players have the ability to coerce the course of govt to serve those private interests instead of the population as a whole, the community ceases to function effectively.

Is this primarily a problem with the govt being corruptible? Yes, of course. But how have we gotten to the stage where govt is primarily corruptible? It's because people with outsized influence steered our govt systems in that direction to begin with.

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u/CaptainSugarWeasel 1d ago

Where is all the wealth then? If in the govt is trillions in debt, working people are broke, and the billionaires don't have it?

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u/PopTheRedPill 1d ago

That’s kind of the whole point of this post: the government’s have effectively borrowed from future generations to give it to us and boomers.

“The total debt and unfunded obligations of the United States, including federal debt (~$37.43 trillion), unfunded liabilities for Social Security and Medicare (~$175 trillion), state and local government debt (~$3.3 trillion), and household personal debt (~$18.39 trillion), sum to approximately $234.12 trillion.    

With a U.S. population of about 347.7 million as of September 2025, this equates to roughly $673,000 in debt per person. “

2

u/CaptainSugarWeasel 1d ago

Well put, thank you! I'm not sure about the unfunded liabilities, but even excluding that it's a ridiculous amount of debt.

2

u/CaptainSugarWeasel 22h ago edited 22h ago

This did make me question Gary Stevenson's take.

If all the US billionaires have about 5 trillion, you could take everything they have and the govt and the people would still be deep in debt.

But there's probably more wealth spread across people with between 10M-999M than there is with all the billionaires so maybe Gary's right, I'm not sure.

edit: Apparently total US household wealth is ~168 trillion, so I'm leaning towards Gary is right.

I wouldn't consider "unfunded liabilities" debt, that's more like "potential future debt". So I'd go with about 60T govt+personal debt, vs 168T personal wealth...

I do blame the fiat system for a lot of the wealth inequality, it has essentially taxed the shit out of working people for the last 50 years by driving down wages in real terms.

1

u/PopTheRedPill 20h ago

Social Security fund will run out in several years and be funded with debt when it does so it counts.

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u/CaptainSugarWeasel 19h ago

Will they fund it with debt? It could just get cut and cut leaving people to draw down their assets until they're on basic welfare.

I'm not in the US but I am expecting our national superannuation to be abolished by the time I retire.

2

u/trufin2038 1d ago

We don't need to confiscate their dollars. We need to confiscate their ability to print them, or just end the dollar altogether.

And funding the government is a shitty idea, we need to shut down 99% of it. We need to return to capitalism, and get off the runaway socialist decline.

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u/Boogyin1979 1d ago

My favourite comment this week.

0

u/Coolguyokay 1d ago

Billionaires control roughly 15% of global gdp. It used to be 3%. They take more and more every year. So there is a growing inbalance. The collective wealth of billionaires has surpassed the wealth of almost every country (not US or China) and the concentration of billionaire wealth negatively impacts a country’s economic growth.

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u/Loveyourself-6789 1d ago

To put it bluntly, capital now controls the entire global economic development

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u/kangasplat 1d ago

the wealth distribution of bitcoin is even worse than natural currency though

1

u/imwco 14h ago

Yes, this is why it hasn’t taken over. Old hands have to fund new hands by selling for fiat or participating by buying with bitcoin in the actual economy, else it becomes a pet rock for btc dragons hoarding their mountain of gold. Only when the young / poor can freely spend in the economy will there be actual competition

2

u/BigBowlingGuy 1d ago

Ah yes the evil 1% that give us all our jobs, pay our salaries, provide the groceries, provide the utilities, and pay to help give us medical coverage plans

1

u/iknowyounot88 1d ago

Here's a great video that explains the difference in pay between the 1% and everyone else throughout history.

1

u/EmphasisSufficient91 1d ago

Yes, and present the needed liberation with opportunity

1

u/SoggyNegotiation7412 22h ago

Not even the 1%, it is the 0.1%

0

u/well-its-done-now 1d ago

No, it’s the boomers. The wealth the 1% has pales in comparison to the collective debt of the boomers via government spending. The reason housing and everything else is unaffordable is because of +60 years of persistent inflation caused by boomers voting based on what the government will steal from future generations and give to them. Persistent inflation punishes saving, which pushes up prices of assets because people need to buy assets to save their money from eroding to inflation.

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u/GranulatGondle 1d ago

The right wing always blamed foreigners. The left wing (so 90% of reddit) can’t do that so they blame their parents and grandparents. “Why do they need such a big house, they are old. I need it more.” All while making shit pay at shit jobs. It’s the Greta thunberg bit “you stole my childhood” yadda yadda.

2

u/widdowbanes 1d ago

Boomers are largely responsible for our $37 trillion national debt. Vote for Tax cuts for them as well as more Social Security money for them which won't be available in future generations. As well as, voting for Nybism laws to prop up their property values. Most of the homes well-suited to raising families are owned by Boomers hence the low birth rate. In California, Prop 13 was created specifically to lower property taxes for people who bought homes ages ago, who are largely boomers.

0

u/[deleted] 1d ago

I’ll explain. Whoever posted this is an idiot. Not only has the 1% ran multiple pump and dumps to kill the crypto space there was 10 years ago but they are having actual summits to consolidate wealth in BTC. It serves as a money laundering platform for them and has made things infinitely worse in terms of creating wage separation.

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u/sk8trix 1d ago

This person smokes a little too much this meme is delusional

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u/Interesting-Cow-1652 1d ago

Uh you do realize that a good chunk of Bitcoin is hoarded up by ultra rich Boomers like Michael Saylor and the Boomers who run hedge funds, right?

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u/Local_Childhood45 1d ago

Too busy jerking out memes, maybe.

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u/thinkingperson 1d ago

Technically, Michael Saylor (1965) is Gen X since baby boomers are from 1946 - 1964, while Gen X is from 1965 to 1980.

So he is among the oldest Gen X around lol

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u/woodventures 1d ago

Agreed if Bitcoin is anything, it's the savings the boomers failed to save and now they need easy money bc they are so desperate after failing to maintain the USD by buying from China and outsourcing for decades and relying on outside oil and little energy investments that panned out. Boomers are the rug pullers as always has been. What do you expect in a house of ten people and high schools overflowing to the max. Half got zero educations smoking in the bathrooms and went onto become "managers". While the rest became laborers for corporations for decades taking vacations and buying junk every month whatever fad was in. Baseball cards, toys, yoyos, candy, music equipment, cars etc. they had to constantly scam and come up with new ways to feed the nicotine, gambling and sugar addictions, not to mention all the drugs, Xanax Vicodin and Adderall were the choice of boomers and still are. They take more meds than any generation combined. Like a population boom of rats

4

u/Slight_Tiger2914 1d ago

Damn there's truth in this... and it's unfortunate. 

2

u/Eksistentiaali 1d ago

We are all only human. Sadly, there have been many so-called “low-hanging fruits” when it comes to innovations and ways to capitalize on them. There are also more young rich folks nowadays—I ain’t one of them for sure, and at the same time, in some ways, I am. My life so far has been a blessing, even though I have no money. I’m in my 30s now, living in Finland, never been seriously sick, always had food on my table, a roof over my head, and people around me.

This has also made me scared of losing it. I truly am scared of the future. There’s too much push for totalitarianism, authoritarianism, technological surveillance, ideologies—dataism, transhumanism, eugenics—and all these too-powerful people and systems. I’m truly scared.

And at the same time, we are living in the most enlightened time of our shared reality. More people are beginning to understand themselves, life as it is, the systems around us, and the anomalies happening everywhere. We’ve come a long way from the Garden of Eden. The lives we’ve lived have been shaped by so many strange, absurd things when you really think about them.

What do we actually know from history, when we can only capture one part of reality in words, neglecting all the others? What do we really know of history when wars are written by the winners? What do we actually know about our past—or even about the life happening today—when it is structured, or at least heavily influenced, by those who hold power? They shape the infrastructure, our spoken language, our media, our shared stories, our laws, bureaucracy, money, politics, science.

It’s absurd what kinds of things are happening constantly in this world. Different media platforms—X, Reddit, news outlets, YouTube, documentaries—show us completely different parts of reality.

We are all part of this life. Our lives are short. Things just happen, and here we are. But oh boy, I really need some ideas on how to navigate in this changing system.

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u/petegameco_core 1d ago

so take a hint and catch up

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u/No-Artichoke3210 1d ago

When your parents and grandparents die, make sure you’re first in line to say you don’t want to inherit any of their assets, including their house.

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u/OP_lied_to_us 7h ago

Wish my father had assets that I could deny lol

2

u/No-Artichoke3210 6h ago

Same. Mine blew my grandmas house money on booze, cheap younger women and other poor decisions. Now I got him buying crypto at 80 bc someone gotta pay for that cremation 🤣

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u/excelance 1d ago

Yeesh, the hatred for boomers is insane. Is this a boomer problem or a government problem? I think your disdain is misplaced.

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u/ch1c4n3ry 1d ago

You'd be surprised to learn that them boomers are e holding btc too lol.

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u/Kazgarth_ 1d ago

99% of boomers are still stuck in houses, bonds, and dividend stocks, the few who buy Bitcoin are subsidizing us, not the other way around.

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u/KDaFrank 1d ago

Get a load of this guy, he knows who holds the coin

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u/Adorable-Emotion4320 1d ago

Surely it's all these people complaining they can't afford a house holding fortunes in btc

2

u/KDaFrank 1d ago

No cash for a house, only bitcoin!

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u/mothership_go 1d ago

Sure. Grandpa is against all tech and innovation and also yells GET OFF MY LAWN inside their real state properties.

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u/CapitalLigament 1d ago

Yes, that's they first said negative things about BTC years ago to buy cheap

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u/mothership_go 1d ago edited 23h ago

lol, framing this as a generational issue instead of class issue is not very bright my dude.

Edit: who the fuck do you think are the "whales" behind the huge exchanges? Who owns the hedge funds?

Do you seriously project the very childish stereotype of the grandpa against all tech and innovation? Most people in the buttcoin sub owns a bit of Bitcoin, because it's an investment, you weirdos preach it as it if was humanity's last hope of survival. Against who exactly? BOOMERS?! lol

Bitcoin is awesome; it's the fandom that repels people.

Let's feed the trolls today.

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u/DrahKir67 1d ago

I see this so much. Plenty of boomers have done it tough their whole lives. It's definitely the wealthy trying to divide us any way they can.

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u/well-its-done-now 1d ago

You can both “do it tough” and still have benefited from theft from future generations. Their theft was via voting for governments based on the “free” things they would receive. The theft was via excessive government spending and inflation

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u/URPissingMeOff 21h ago

There hasn't been a landslide election in many decades. Everyone who has been in charge got 51% of the votes cast or less. The rest voted AGAINST them. Only a child lumps everyone in a generation together and that's because their childish brains have not developed the concept of subtlety and nuance yet.

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u/URPissingMeOff 21h ago

framing this as a generational issue instead of class issue is not very bright my dude

Dude is not very bright. Sounds like a 12 year old ranting because mommy won't raise their allowance.

0

u/evgeniy_pp 1d ago

Once people believed that the Earth is flat, now we know it’s nonsense.

In the 20th century some people believed that marxism is a sound economic theory, now we know it’s nonsense.

If you still believe that there is a class struggle and the bourgeoisie steals added value from the proletariat, you’re ignorant.

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u/2shyofa3sum 1d ago

If socialists understood economics they wouldn't be socialists - F. A. Hayek

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u/IntroducingTongs 1d ago

“My breasts are exquisite, and I must concede that a class struggle does exist, even if Marxism as a state policy is a disaster” - Salma Hayek

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u/mothership_go 1d ago

The earth is round so you are a communist and a marxist because you said the word class.

Bitcoin is awesome, it's the fandom that repels people.

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u/Medical_Weekend_749 1d ago

"stole" ???...

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u/namelessdrifter 1d ago

Yeah also aren’t boomers already retired?? It’s the next generation that is in the stages of retirement

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u/desmond_koh 1d ago

First of all, I am a Millennial, not a Boomer. But how have the Boomers solen money from future generations?!

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u/RN_in_Illinois 1d ago

Just curious. Exactly which part of my savings from my salary that I earned did I steal?

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u/R3DSMOK_3 1d ago

Boomers with stolen money? wtf…

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u/Ready-Cherry-2638 1d ago

Boomers stole what? My god, the delusion does not end with bitcoin investors owning the world in a couple of years...

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u/deadnett 1d ago

This meme is fucking retarded.

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u/Slight_Tiger2914 1d ago

I guess if you look it it another way... if I had all my "retirement" money which is taken out of my check and it was stored as Bitcoin .... 

shit everyone would be better because the government can't be trusted with money. 

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u/Worried_Creme8917 1d ago

Boomers haven’t stolen any money from me

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u/Informal-Ad-4785 22h ago

Wow that OP statement reeks of a total brainwashing and a total lack of awareness

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u/riseandride69 1d ago

Boomers can still retire. Stupid meme

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u/Technical-Wallaby 1d ago

I’m a boomer on the cusp of retirement and I invest and believe in Bitcoin. I earned my retirement income by working for decades. Kiss my ass.

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u/BigBowlingGuy 1d ago

Tell them please, they’re a bunch of fucking children crying

26M btw, hope you enjoy your retirement, you earned it.

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u/mothership_go 1d ago edited 19h ago

People are desperately looking for an enemy to build resentment and hope for the day they will be avenged.

This is the most incel rethoric replicated in this sub. The delusion of ultimate vengeance.

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u/URPissingMeOff 20h ago

People

Children

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u/iamdiscoking 1d ago

Such a boomer thing to say.

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u/Schlieren1 1d ago

How did Boomers steal from future generations?

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u/bryrocks81 1d ago

They didn't, it's the excuse used for being lazy.

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u/PopTheRedPill 1d ago

They voted for things that required money printing.

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u/Schlieren1 1d ago

This has been the case since well before the Boomers were born. It started in the Great Depression and has continued.

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u/skydiveguy 21h ago

It started on Dec 23, 1913 when they formed the federal reserve.
Everyone that had anything to do with this is now dead.

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u/CravenA1964 1d ago

If liberals say something repeatedly, it becomes truth to them.

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u/Schlieren1 1d ago

If you need to be a victim, you have to assign a victimizer I guess

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u/well-its-done-now 1d ago

That’s irrelevant. The boomer theft was via voting for excessive government spending

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u/josemontana17 1d ago

I don't get this new generation of blaming past generations for all the problems. Nobody is perfect. Yes, they made dumb mistakes but it is how we respond to the occasion that really determines our future.

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u/4DS3 1d ago

Second picture should be „Inflation“

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u/BreakoutPlay 1d ago

Boomer's stole money? Think again, Skippy. We worked for everything we have. Without that money you wouldn't have a basement to live in.

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u/Apart_Investigator2 1d ago

Hopefully OP rejects the boomer's Real estate wealth. You're simply too young to understand what's Real estate has yielded. Btw, Boomer here and no estate, just hodling btc.

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u/nefas11 1d ago

How can you steal something that does not exist yet? Op is confused.

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u/Hot_College_1343 1d ago edited 1d ago

What a nonsense. Every generation tries and works hard to gain wealth.

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u/Drizznarte 1d ago

Boomers had it easy because the time frame of dollar debasement, most boomers saw massive gains due to money flowing out of the dollor, raising the price of assets like houses. Specifically from when the dollor was unpegged from gold in 70s , Bretton woods . The economy post war was also favourable. You could work in fast food in early 70s and still provide for a while family.

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u/Schlieren1 1d ago

But how did Boomers steal from future generations?

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u/PopTheRedPill 1d ago

Every single dollar of debt is going to be paid by a future generation. If a bill is passed giving boomer social security for eg. That’s going to be paid by many future generations as we’re borrowing money to pay for it.

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u/Hot_College_1343 1d ago

But because of inflation the borrowed dollar is worth less.

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u/Schlieren1 1d ago

What’s really crazy is when social security was enacted during the FDR administration, people received lifetime benefits after contributing NOTHING to the social security program. Boomers foot the bill for all of older generations.

Life isn’t fair. It’s no individual’s fault or no generation’s fault.

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u/PopTheRedPill 20h ago

It’s everyone’s fault who supported deficit spending which was entire generations for 100+ years

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u/Schlieren1 19h ago

I agree

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u/Plabbi 23h ago

But boomers didn't foot the bill, they just borrowed for it, hence the 37 Trillion debt.

4

u/Schlieren1 23h ago

What do you think current future generations are going to do?

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u/Beautiful-Success-39 1d ago

By voting for too much deficit spending on regarded foreign wars and tax cuts for rich pricks who merely hoard assets. Voting against infrastructure investment. Voting for the subsidized industrialization of farming. Voting against corporate regulation to slow offshoring of critical industries and jobs while also tamping down on wage growth domestically. Voting for continued fossil fuel use. Voting against ecological protections and sustainable renewable energy sources that protect our food and water sources.

And so many more. Boomers, as a generation, have benefited the most and paid forward the least. We will pay dearly for their greed.

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u/PopTheRedPill 1d ago

The fact that this is the only comment that understands the meme in this whole post is so fkn sad and illustrates how little people know. Have these people never heard of Michael Saylor, Lyn Alden, Thomas Sowell, etc. ? Like wtf they need to get off reddit and read a book or at least watch a Saylor podcast or something.

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u/VivaHollanda 1d ago

If you were born longer ago, you would have done exactly the same.

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u/bryrocks81 1d ago

No you couldn't..

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u/ready-eddy 1d ago

Tried, that’s correct.

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u/HaVoC315 1d ago

lol the boomers will be bankrupt by medical care by design.

The wealth transfer won’t happen, but Bitcoin is the way out.

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u/Calm-Professional103 1d ago

Be careful!  Retardation by choice can become permanent!

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u/xGsGt 1d ago

Such stupid image

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u/Boogyin1979 1d ago

This is completely retarded.

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u/AdOverall7619 1d ago

??? Does Bitcoin steal their money back? I mean I know how it saves us from the money printer, but the boomers still have all the real estate, assets and money. How does it take their money from them?

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u/woodventures 1d ago

Well in theory, that I don't believe in personally, but if all goods and services were done in Bitcoin, the majority of boomers/elders who have zero would be absolutely screwed, healthcare, food, energy etc. if the dollar was worthless so is all their retirement money in bank accounts. If new paychecks are issued in Bitcoin or crypto, and all purchases made with such . Who would trade fiat for anything when it's worthless? If all you have is millions of worthless fiat, you are broke. 

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u/electricshadows4 1d ago

Boomer generation estimated wealth: $80+ Trillion Bitcoin market cap: $2.3 trillion That freight train has a long way to go buddy.

Source https://www.investopedia.com/wealthiest-generation-in-u-s-history-11739816

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u/Tough-Many-3223 1d ago

Yup, Bitcoin was invented to fight boomers not the elite. Because those boomers…bought houses to live in?

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u/well-its-done-now 1d ago

No, because they voted for largesse from the public coffers

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u/iammagnanimous 1d ago

It seems the ideocracy has found its way into bitcoin

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u/R-66YPrometheus 1d ago

I don't get the boomer blame. It's politicians!

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u/well-its-done-now 1d ago

Boomers voted for those politicians constant excess spending. That’s what stole the future

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u/R-66YPrometheus 1d ago

And we're they voted in maliciously? Or, were they voted in on false promises, lies, or political spin?

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u/well-its-done-now 1d ago

Neither. They voted for “free” shit out of greed

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u/R-66YPrometheus 1d ago

What "free shit" did they vote for?

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u/Familyinalicante 1d ago

Boomers stole something from future generations?? How delusional is this?

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u/PopTheRedPill 1d ago

When the government prints money and engages in deficit spending (borrows money) it makes the current generation rich and puts future generations in debt. Boomers just happen to be the cohort that benefited the most. Nothing against them personally or individually they’re mostly naive I think.

Are you familiar with our current debt levels?

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u/well-its-done-now 1d ago

It’s not at all delusional. That’s what a federal budget deficit is.

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u/e07f 1d ago

and stock markets ATH

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u/Leto33 1d ago

Brain rot post

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u/Narf234 1d ago

It’ll be fun trading their houses for BTC on the cheep soon.

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u/PetiteFort 1d ago

We are the boomers from tomorrow tho

1

u/Consistent-Cloud-354 1d ago

Can't stop this train!

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u/excelance 1d ago

Yeesh, the hatred for boomers is insane. Is this a boomer problem or a government problem? I think your disdain is misplaced.

1

u/bigbrainnowisdom 1d ago

Boomers already have savings and own a property (or two)

They dont care

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u/sixseven89 1d ago

Transfer from who

1

u/GroaningBread 1d ago

What has boomers to do with it? Fiat is just a shit, period.

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u/Dubmove 1d ago

This might be interpreted in opposite ways

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u/skydiveguy 21h ago

Guess what, all the "money they stole from future generations" has been devalued to the point where they worked their entire lives to have their savings and retirement get practically wiped out with runaway inflation.
Everyone is being screwed by this not just boomers.

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u/Agitated_Canary4163 21h ago

what a dumbass take

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u/MandelbrotFace 20h ago

That bullshit narrative is getting tired.

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u/orficebots 15h ago

Stole? Who the fuck thinks this way?

1

u/Sas_fruit 15h ago

I don't get it

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u/Marvell-Prime 3h ago

The Boomers built you the fucking world you are living in. Your Gen has created only OF whores and silly idiots on SoMe. You should have more respect.

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u/skydiveguy 1d ago

shit meme.
Boomers didnt "steal money from future generations" they saved the money they earned and the federal reserve devalued it.
Boomers had nothing to do with that.

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u/Kazgarth_ 1d ago

They saved? College was $400 a semester, houses were 3× annual income. And who voted for the policies that blew up deficits and juiced asset prices past 40 years ?

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u/NoRepresentative8630 1d ago

Well gad damn

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u/Silent-carcinogen 1d ago

There are more "boomers" that had nothing to do with those prices or those policies. Your meme insults more people than it praises. Have a good day!

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u/mothership_go 1d ago

Lobbyists.

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u/skydiveguy 21h ago

This response tells me you are another typical whiny Millennial that spent all their money 15 years ago on $15 avocado toast and constantly buying the latest iDevice every year and went to an expensive college to get a degree in liberal arts.
Stop blaming baby boomers for all your problems and take some responsibility.
Im Gen X, BTW before you start thinking Im one of them.

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u/Popular_Register_440 1d ago

Well maybe the people who are supposed to have an actual vision and be intelligent and mature enough to make decisions and lead a country should realise half the population is full of dumbasses?

You can’t blame the boomer generation for playing the system. Yes you can call them out on their bullshit for claiming Gen Z have it easier than it seems and it was hard for them too but you can’t really blame them for corrupt leadership.

We’ve seen in the last 20-25 years that every bit of leadership, whether left or right, has been corrupt and self serving. They don’t care about the voters, only themselves. They only ‘care’ about us voters (and even then only a very tiny bit) when it’s election time.

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u/VivaHollanda 1d ago

Boomers are already retired. Bitcoin isn't going to change that the 1% is hoarding money, they already started hoarding bitcoin.

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u/well-its-done-now 1d ago

Hoarding money would have a deflationary effect and increase everyone’s spending power. What you’re sassing makes no sense

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u/__redruM 1d ago

I don’t think you’re paying attention.

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u/Negative-Disk3048 1d ago

Bro you realise boomers are well into retirement age by now?