🚀🚀🚀 Bitcoin is unstoppable! 🚀🚀🚀
We are witnessing history, fellow zoomers. Bitcoin will smash through 70k and it's not stopping there. This is the future of money, and we are the pioneers. 💯💯💯
Don't listen to the boomers and the fudders. They are scared of change and innovation. They don't understand the power of decentralization and cryptography. They are stuck in the past, while we are building the future. 🙌🙌🙌
Bitcoin is more than just a currency. It's a movement. It's a revolution. It's a way of life. We are not here for the short term gains. We are here for the long term vision. We are here to change the world. 🌎🌎🌎
So zoom in, zoom out, and zoom on. The moon is not the limit. The sky is not the limit. There is no limit. Bitcoin is infinite. Bitcoin is eternal. Bitcoin is everything. 🔥🔥🔥
Genz
SPX Short, Retirement Crisis?A possible explanation behind the incoming crash, the retirement crisis. Will boomers transfer their wealth to the next generation via free market (allowing the market to rightfully correct and have the younger generation (Gen Y & Z) buy equities at low prices), or will the government (federal reserve) step in and increase the balance sheet (and thus "prevent" a crash on paper)?
Perhaps both. Gen Y and Z have decided to adopt and develop crypto to digitize and decentralize the old financial system (DeFi, NFTs) as the fed continues to print more money (as seen from the 2020 $ printing/stim. checks). This younger generation will not buy the bags of the old financial system (from the stock market to real estate) that are overvalued (Stock market with P/E ratios in the 30s, multimillion $ single-family homes), but rather force the old money to buy their crypto bags in the pursuit of the high ROI against inflation that crypto offers.
As more inflation continues, crypto will get more adoption by traditional VCs, HFs, Central Banks, etc. This adoption will come from the firm's inability to answer two questions:
1. How will we get millennials and Gen Z to invest their saving with us?
2. How will we be able to keep the promise of paying out pension funds to the Boomer Generation?
Privately, a few leading heads of these institutions (like Michael Saylor, Elon Musk) have entered the space after the 2017 and the 2020 DeFi Boom, but there are tens of trillion dollars left to enter it from the firms themselves.
Hopefully in this great reset of economics, the young will own everything, and be happy.