In the next 10-15 years
We will start seeing wealth transfers down to younger generations (Millenials+Gen Z)
We will also have an entire generation raised on technology to an even greater degree than Gen Z.
Context: I’m an old Gen Z and my first cell phone was a flip phone, and I remember when the iPhone was released. The next generation will be coding in diapers
The combination of this will see the absolute destruction of Tradfi in favor of Bitcoin and the handful of other cryptos that end up providing some value.
The dinosaurs in Washington and Wall Street are losing their grip.
Lets just hope the radical side of the younger generation doesn’t burn down the world in the name of equity first