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.
Discussion
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.