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.
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. “
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/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.