The Millenial Dream

Go to school, study hard, get good grades so you’ll be accepted into University, go into debt for a degree or else you’ll be flipping burgers.

Get your degree and enter the workforce 50k in debt. Entry level jobs are impossible to find between outsourcing and the lack of practical skills Grads bring to the table.

Get lucky and find one, grind 12 hour days, pay half your income to the Government for Services you don’t use, pay increasing rents as the real estate bubble inflates, get promoted and job hop to bump your income to keep pace.

Save for a house deposit, 20% of the median house which is now 10x median income so it takes a decade, get there and it’s not enough for even a dogbox apartment let alone a house, now banks won’t lend to you with rates over 5%

Can’t afford kids. The food is killing you. Dating is ruined between instathots and red pill chuds. Get lectured daily by Boomers who don’t understand the world. Watch rampant corruption and cronyism destroy your politics, immigration destroy your community, and fiat destroy your purchasing power.

Fund wars you oppose. Bail out banks you hate. Pay welfare to ideologues who demand more and more nanny statism and taxation. Subsidise renewable energy which increase your power bills. Wait in long lines at the hospital for your subpar care.

Do all that in the hopes you’ll eventually be fortunate enough to be exit liquidity for some Boomer who sold you this dream..

Or The New Millennial Dream

Move as much of your wealth into #Bitcoin as possible. Watch the crumbling from the sidelines whilst starving the entire system and protecting your purchasing power.

Wait out the Boomers til your digital real estate on the ledger is the new asset in demand, then instead of selling it to them, take the reins over the system as the new financial elites and dismantle this entire shitshow. Eliminate the parasite class. Detach the welfare state. Reduce government to a competitive service provider which cant extract wealth at will.

Set entrepreneurs free. Let markets work. No more free lunches. No more cantillionaireing. No more nonsense laws.

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This is so true! You rock ⚡💪🔥

This is fucking righteous and perfectly captures the before and after ₿itcoin sentiments I’ve grown up within (though I chose a different route, but it ended up being very hard in its own right).

Thankful everyday I somehow found Bitcoin. And now Nostr too. We are GMI.

I think you would have a lot of sympathy from the Gen X’s here.

GenX were sold the same dream because Boomers were the ones who monetised housing - they literally invented this shit to pump their bags and Government loves it: nostr:note1r23jyazlsx7ehjjlz525cz6fycr6yu5hu7klevzppapusytpvd2qvvrmj6

They got slightly less fucked over than Millennials; lower Uni debt, better entry market for jobs, dating not ruined, kids not entirely unaffordable. But these things are best considered as a spectrum rather than absolutes - GenX still got screwed, Millennials got fukt and the Zoomers are given zero hope because they’re too late for Boomers needs so they don’t even matter.

Yep!

Also spot on!

Reality is so cruel that only the orange pill is fixing the world.

NO MORE FREE LUNCHES 🫡

Understanding the differing lens on the world that people have is very important

Sharing is part of that. Thank you

#Bitcoin is a very important exit strategy for many many people, do doubt about that

Ahahahaha. Everything you said resonates with me.

One question is, when do you move over to "The New Millennial Dream"? You start from "Move over your wealth to Bitcoin", what wealth? If a millennial did everything as planned by the establishment, they will still be fueling the old system by working 12 hours a day and stacking small amounts of sats with their meagre savings.

How do you earn in Bitcoin?

You don't. Bitcoin is a tooth fairy for unskilled hicks. Skilled people have fiat.

We should create job opportunities here on Nostr. Wouldn't you pay for a nostr client that is 10x better? You can pay in dollar terms if the builder accepts it.

No one with skills will ever accept Bitcoin. Ever. It's patently absurd.

Ever? Ahahaha. We shall see. There will come a time when Bitcoin will be more stable than Gold.

Why not call it the 4th Reich while you're at it.

Eww

That money Millennials have been saving for the 20% house deposit should all be going into Bitcoin.

If the average worker managed to save even 5% per year and put that all into Bitcoin instead of some long-term interest bearing account, they would actually have wealth.

Some maths:

- Average weekly salary in Australia in 2018 = $1,586 (assuming no pay rises)

- After tax they take home = $1,030.40

- Saving 5% of that over 5 years is $13,311 (nowhere near enough for a 20% deposit)

- DCAed into Bitcoin over 5 years they have $58,923.21 of purchasing power

So to answer your question, you start ASAP.

You DCA a minimum in and as you understand the “self fulfilling prophecy” of Bitcoin and your conviction grows, you should up your investment as much as possible. Our average Millennial example above is up 342% in 5 years.

You keep doing this until your Bitcoin stack is enough for you to opt out of fiat slavery.

You don’t go and make yourself exit liquidity for a Boomer, you realise it’s better to pay off someone’s mortgage via rent than to take one on yourself because that 10BTC house today will be 1BTC in 5-10 years by which time you could buy it outright in cash, and in that time your stack has grown and the pool of capital for the housing Ponzi to sell into shrunk.

The more Millennials who do this, the sooner the beast is starved to death, the sooner you’re no longer an average normie on a hamster wheel constantly battling inflation.

Most people want an instant solution but Millennials would be smart to lower their time preference and grind into the new system, that’s where real freedom lies.

We are all focused on only inflation. Inflation, although a big part of the grift, is still a part of the problem. If we work for them we will still be fueling the beast for a much longer time. We will still be living in an inefficient system where 30-50% of the value is wasted away. You are paying capital gains whenever you offramp. You are still feeding the beast. And the beast will come for your Bitcoin.

Stacking sats is the bare minimum a person can do for himself. But we should not stop there. We should go further, find flaws in the system and build better systems.

What if you could stack twice the amount of sats if you didn't waste that money by paying for services you barely use? You buy Bitcoin early and you starve them faster.

I propose to fork out of their system and start building our own systems on the cyberspace. You then privately offramp whatever you need and you live in places that value your money for what it is, that is, money you earned for contributing to someone out there.

Again, you have no skills.

I don't remember why I follow you. You're boring me. If you troll one more time I'm simply muting you.

nostr:npub1hv64t0jlg94p0tpq6zc8mrc5kyfhzwwn8fxp6m45jwdn9pmfs53q0yrjjm joined nostr for "free speech" but when it arrived, he wasn't prepared

Would you fight for a spammer's free speech? You still have free speech on the platform. But you're a spammer to me. I don't know why you don't understand this subtle difference.

Also yes please mute me so I can ridicule you behind your back.

I especially like the "earn in bitcoin idea".

The higher the % of income in non-KYC crypto, the less blood the tax man can draw.

Circular economy ASAP

Spot on. We need to start earning in crypto without wasting a huge chunk of our value by paying for wars and corruption.

You can do nothing. Why would anyone pay you.

Don't save in US$. Save in Bitcoin (at LEAST 5+ years).

Everyone can save in Bitcoin. It does not matter what currency you get paid.

Buy #Bitcoin daily (NOT the ETF). Move to cold storage every few grand. HODL 5+ years, preferably 10+. Enjoy.

Be SURE you have SKILLS that are truly valuable to others. What do people WANT/NEED. 60% of college degrees are worthless - sorry, you got duped if you are not in a tech field. Learn something new.

If you do NOT have the ability to get new skills (and everyone does) a great attitude and a great smile can earn you $200+ per weekend nice waiting tables at a NICE restaurant. Take that $400/week and buy Bitcoin. Dream BIG.

I’m a bitcoin boomer, but if I were a millennial that’s exactly how I’d be thinking

spot on friend

Yesss! Hard for millennials to overcome their indoctrination though.

tulisan yang bagus 👇

nostr:note1dh5z8xnwtav27y5kjfmlqn64z3gjtkl6qu9xcm7mlw2ghssrvl7sf9zcf6

Its all about choices.

2x this if you live in Europe.

We were like this 15 years ago, right after socialdemocracy entered into scene. Now we are on the blink of destruction. Collapse is imminent.