sorry, I should have been more precise: By "pensioners" I meant "older people look to preserve their wealth in the later part of their life so they dont run out of money before they die". That's a pretty huge pot of value that's currently monetising other assets.
I don't think today's old people will save the large part of their wealth in bitcoin, they'll chose other assets. BTC feels too volatile, unknown and unsafe to them. As bitcoin will be a larger and larger part of successive generations' financial life, you'd expect bitcoin saving amongst old people to trend upwards over time though.
It may be that the first gen to save in BTC as old people will have to be "bitcoin native" generation (i.e. born into a world where bitcoin is normal).
Caer
npub1pg…cxzw6
2024-10-01 08:51:59
in reply to nevent1q…nylv
Author Public Key
npub1pgh7up4jv0xywnmqylszsvs95taelkar8vyeevnsd04x888px3lqncxzw6Published at
2024-10-01 08:51:59Event JSON
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"content": "sorry, I should have been more precise: By \"pensioners\" I meant \"older people look to preserve their wealth in the later part of their life so they dont run out of money before they die\". That's a pretty huge pot of value that's currently monetising other assets.\n\nI don't think today's old people will save the large part of their wealth in bitcoin, they'll chose other assets. BTC feels too volatile, unknown and unsafe to them. As bitcoin will be a larger and larger part of successive generations' financial life, you'd expect bitcoin saving amongst old people to trend upwards over time though.\n\nIt may be that the first gen to save in BTC as old people will have to be \"bitcoin native\" generation (i.e. born into a world where bitcoin is normal).",
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