Debt crises looming…… some thoughts:
✅Boomers + “older”Boomers had massive gains in wealth since 1970’s. Mostly index funds and real estate. ✅Now they r attempting to drain the last bit of wealth from our failing fiat system via inflation adjusted entitlements
✅20-40yo “kids” will be increasingly focused on this unfair outcome and will attempt to find “political” solutions
✅it won’t work
✅what they should do is go all-in on the parallel antifragile system
✅#bitcoin - ignore at your own peril
…….
✅if u are lucky enough to straddle both “eras”, r open minded & willing to take some risk, u can take wealth from the old system & transfer it to the new one
McCoy
npub18y…qx5t7
2024-04-05 15:32:25
Author Public Key
npub18y33vpqmudzm9wk9cnglgnrhqyu96c4l4tr59k2zw0gs5ep5a2kqjqx5t7Published at
2024-04-05 15:32:25Event JSON
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"content": "Debt crises looming…… some thoughts:\n✅Boomers + “older”Boomers had massive gains in wealth since 1970’s. Mostly index funds and real estate. ✅Now they r attempting to drain the last bit of wealth from our failing fiat system via inflation adjusted entitlements\n✅20-40yo “kids” will be increasingly focused on this unfair outcome and will attempt to find “political” solutions\n✅it won’t work\n✅what they should do is go all-in on the parallel antifragile system\n✅#bitcoin - ignore at your own peril\n…….\n✅if u are lucky enough to straddle both “eras”, r open minded \u0026 willing to take some risk, u can take wealth from the old system \u0026 transfer it to the new one",
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