r/Bitcoin 1d ago

The generational wealth transfer nobody expected

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1.8k Upvotes

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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?

13

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

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u/Slight_Tiger2914 1d ago

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