The boomers are starting to wake the fuck up finally.
Discussion
Waking up to getting scammed by crypto? ĀæQue?
When the boomers say crypto they mean bitcoin they just think saying crypto makes them sound smart when really it makes them sound retarded. Baby steps.
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Yes and no. Some of them really believe in crypto. They don't understand that the next monetary revolution is surrounded by utter garbage and scams. Eventually it'll work itself out but there is going to be a lot of zaniness between here and there. https://primal.net/e/nevent1qqsq5k4thkl7xug08vtx67x9ufltqgg6p3gca75s9t43q0x6jrn04ngl2lu8s
Meh, I think he means crypto Solana and XRP likely
Some of them, yes
crypto? what is that?
I'm a Bitcoin boomer for awhile now, but yeah most boomers are late bloomers.
We actually don't want the boomers to wake up. They don't deserve shit. What we want is the younger generations to wake up. Right now they are turning in droves to this left wing socialism because they know the current system is rigged against them. The protocol needs the youth more than it needs the boomers.
Boomers will die and younger will inherit (or not) and that is the natural cycle.
The last sentence is š„
I've been a boomer and bitcoiner for a good while (years).
How many gen z and millennials, etc. are also still not yet awake?
Look at the stage at major Bitcoin events, how many speakers are boomers (Jeff Booth, Lawrence Lepard, Michael Saylor, Andreas Antonopoulos , Adam Back, Cynthia Lummis, Caitlin Long, just to name a few in that age range or near)?
Quit supporting the fiat elite's attempts at dividing us to support their interests, stop grouping people under a label and lumping them all into one generalisation. š§”š”š«¤š¤Ø
Such divisions can lead to social inequality, reduced social cohesion and hinder collective problem-solving.
I really thought that this kind of divisiveness and narrative would have been way beneath the overall positive and optimistic mindset of Bitcoiners and Nostriches. It's disappointing. š§”š«¤š„¹š”
In the end it's the plebs vs. the elites again.
The century old divide
Being triggered because I criticized boomers as a boomer is peak boomer. If you donāt relate to the comment just know itās not directed at you and move on.
I get where you're coming from
and appreciate your perspective. For me (old enough to be your grandma šµš¤£), I can't say that I felt particularly triggered.
My response was more about encouraging a mindset that brings us all together, regardless of age or labels. I believe we all agree that Bitcoin is for everyone and that it's what matters most. When we start labeling groups, even unintentionally, it can subconsciously divide us and thatās not something I want to see, especially in a community thatās built on freedom, optimism and collective progress. I want to keep the focus on what matters... waking people up to the problems with fiat and working together for a better future. š§”āØ
Here in Australia, our government and media are doing their best to divide us so I guess that I could simply be overly sensitive to that agenda. šš„¹ Anyhow, it was nice to "meet" you nostr:nprofile1qqsp4lsvwn3aw7zwh2f6tcl6249xa6cpj2x3yuu6azaysvncdqywxmgpvemhxue69uhkv6tvw3jhytnwdaehgu3wwa5kuef0dec82c33wf6xcutrvyu8ydnpw4ukzae4dc6ksvmvx56ryvnyd568xunex4j85en9v56rvwfkveck2wrnxeckwatyddenwer2w3n8x0mzwfhkzerrv9ehg0t5wf6k2qg4waehxw309ajkgetw9ehx7um5wghxcctwvsvcthy3 š
Consider this perspective from someone much younger than you. Your generation presided over the decline of American life and now younger generations have to fix it for subsequent generations. So now we have to throw you under the bus in order to get to fixing things. We have to say everything boomer was wrong so that we can begin to do the right thing. Thatās our responsibility.
On the bright side...LLM served by Perplexity Playground:
The Baby Boomer generation is expected to transfer an estimated $68 trillion | 633,613,179 BTC to $84 trillion | 782,698,633 BTC to younger generationsāprimarily Millennials and Generation Zāover the next two decades as part of whatās being called the āGreat Wealth Transfer.ā
Not if your government taxes it into oblivion like by way of the unrealised capital gains taxes coming to Australia š¦šŗ They intend to push it through parliament.
Plus look at what Lagarde wants to do with EU savings and investments. Have you read or watched The Great Taking? š§”āØ https://youtu.be/dk3AVceraTI
My husband and I have no children though we are passing on our Bitcoin to a family with many children. It'll be the only way to leave a legacy, the fiat system with inheritance taxes, property taxes, unrealised capital gains taxes, and so on, will do everything to catch the wealth that you speak of... before it's handed on. š”š¤¬š§”
Thanks nostr:nprofile1qqstklh0kk7grf758znkfwmu3eu8n8d9p5y72pdyr8dm0ewqluhr6rgpzpmhxue69uhkummnw3ezumt0d5hsz9thwden5te0dehhxarj9ehhsarj9ejx2a308dpg2f š§”š
Thanks for sharing that, truly. I hear the frustration and I respect that younger generations feel a deep urgency to repair whatās broken.
You're right that many things need fixing and I'm genuinely glad so many younger voices are stepping up to do just that.
That said, I also want to gently offer some context, not as an excuse but as perspective. Many of us "boomers" grew up in a world where information wasnāt at our fingertips. There was no Bitcoin, no internet, no alternative economic narrative like The Creature from Jekyll Island until the mid-90s. We had a handful of TV channels and everyone watched the same tightly controlled evening news. That was the extent of the āinformation ageā back then, other than in libraries & universities. No international Nostr , YouTube or Twitter communities either.
Yet despite all that, many of us were politically active, we protested wars, marched for civil rights, pushed for environmental protections and questioned authority with the limited tools we had. We didnāt buy much, reused what we could and generally lived with a far smaller footprint than todayās hyper-consumerist culture, no fast fashion, no streaming devices in every room, no overnight shipping. We didnāt even have plastic bags in the early days. Simpler living wasnāt a trend, it was just life.
Now that more of us do have access to the truth behind the fiat system, many boomers are deeply committed to supporting change, through Bitcoin, education and helping younger generations push through the noise.
Iām not here to defend every action of every boomer, but I do believe we get further when we see each other as allies rather than adversaries. Iāll keep listening and learning and I hope youāll allow space for a few of us boomers to walk beside you as we all try to make things better.
By the way, I grew up in Holland and now live in Australia. All most of us did was simply try to live out the ethos you described, āI am the king of my own castle. I am the captain of myself. I do not have to do anything that you want me to do. I am in charge of me. And if what I'm doing doesn't harm anyone, I should be completely allowed". Most of us were completely oblivious to the deeper mechanics of the money system.
Think of how many Bitcoiners (old and young) who youāve heard say, āI never knew how money really worked until I went down the Bitcoin rabbit hole". Bitcoin was born 2009.
Thank you for the dialogue nostr:nprofile1qqsp4lsvwn3aw7zwh2f6tcl6249xa6cpj2x3yuu6azaysvncdqywxmgprpmhxue69uhhyetvv9ujuumwdae8gtnnda3kjctvqy28wumn8ghj7un9d3shjtnyv9kh2uewd9hs9c3e6y and I wish you (and all of us) strength on the path ahead. š§”
I think thatās the core of the intergenerational issue most of you got brainwashed by the television and many of you still are. Itās been hard for us to explain reality to the vast majority of baby boomers. If youāre on nostr youāre a far outlier in your generation.
Thatās fair and I understand. Though, are you suggesting that no millennials, Gen Z or other non-boomers have been or are still being completely brainwashed by media and fiat driven narratives?
I live near four young couples, all aged between 25 and 33, who own their homes (thanks in part to the bank of mum/dad). Two have young kids. In regular conversations, Iāve come to see that not one of them has even the faintest understanding of how the fiat money system or central banking actually works. Bitcoin isnāt even on their radar.
Theyāre smart, kind people, just entirely unaware (politically & financially). Just like many of us boomers were for decades. They still very much have great trust their banks, financial advisors, parentās advice and political system.
Truth is, for now at least, all bitcoiners are outliers. In a global population of 8 billion, weāre still only around 110 million strong. Thatās barely over 1%. Weāre not typical of any generation, weāre the exception across all age groups.
So while I appreciate the āfar outlier" compliment, I think itās important to remember that ignorance and awakening aren't age specific. Every generation has its sleep walkers and its truth seekers.
Iām grateful to be in this space with people like you, even when we donāt see eye to eye on everything. The best chance we have at building something better is by coming together.
Iām a millennial, and I have no idea why so many people on here like Hodl so much. Heās just an asshole. I guess heās famous cuz heās a billionaire or something? I find it confusing.
nostr:nprofile1qy2hwumn8ghj7un9d3shjtnddaehgu3wwp6kyqpqrtlqca8r6auyaw5n5h3l5422dm4sry5dzfee4696fqe8s6qgudkszvrgd8 I realize young people aren't capable of in depth thought because you didn't grow up with the detail of books but rather snarky comments on a screen. That said, you are unable to distinguish between value and proxies for it and that will fuck you over in the long term.
Ok but if they go into crypto they will get wrecked. It should be 10-40% Bitcoin.
> The real question: Are you a fiduciary serving your clients' best interests, or are you simply an ***order taker*** avoiding difficult conversations?
Lmao š¤£š¤£š¤£
Donāt trust blackrock. Never.
BlackRockās quants put out a paper in Feb 2022 suggesting a conservative portfolio had an 85% āæ allocation.
Aggressive portfolio is 106% āæ.
Heās not even keeping up with BlackRock! š¤Ŗ
Hereās the paper:
Wakey Wakey
āAre you just avoiding difficult conversations?ā (Paraphrased)
Fucking love it