Over the next decades, millennials will see the greatest change in generational wealth in history, and all thanks to a real reserve of value called Bitcoin.
Generation X can be the next online to inherit the change of wealth, but that does not matter. The millennials lead the charge on digital assets, which will probably leave them rich.
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Generational wealth comes from Bitcoin
Since its creation, we have called Bitcoin The Honey Badger of money. Honey badgers don’t care; They are intrepid and Continue. The same can be said for the adoption of Bitcoin.
DevelopA financial advisor, noted that more than two -thirds (67%) of the 700 clients of the millennium interviewed said that they preferred gold bitcoin like an active asset. You can’t stop it.
(Source)
Bitcoin has made his way out of the ashes of 2018-2019, not only surviving but asserting himself as a cover against inflation. For millennials impregnated with the “bubble of everything”, Bitcoin offers more than a simple financial jargon – it is a piece of changing economic framework. The property here is not only theoretical; It is a bet on a new financial order which occurs slowly with the change of generational wealth.
This was logical for the younger generations, which are wilder for emerging technologies, while boomers continued to scratch their heads.
Only 21 million bitcoins will never be produced. It is not like the American currency, where the federal reserve can print more, which could potentially ruin the economy. The code is the law of Bitcoin. 21 million is all that will be produced.
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New price prediction for generational wealth change
(BTCUSD)
While the older generations hesitate, the millennials are all in crypto, with almost half of the millionaires of the generation Y taking more than 25% of their wealth, according to CNBC.
Investors like Cathie Wood predict that Bitcoin will be worth $ 500,000 in five years, and the former Facebook founders that the Winklevoss twins go further – a token could make millionaires.
The big banks slip towards the crypto, and once their presence solidifies, the financial system as we know can never be alike. Better to be early than another spectator.
A last thought on the generational wealth of Bitcoin
The main thing is that the elite of the new world will be made up of people who will adapt to change and are innovators.
Adapt, persevere, prosper. It’s the game. The world throws curve balls and you have to adjust it, understand it and continue to move forward. Here, the objective is not hand maintenance – that’s what we do at 99Bitcoins: Give yourself the skills necessary to stand up long after the lesson.
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Main to remember
In the coming decades, Millendium will see the greatest change of generational wealth in history due to bitcoin
People who adapt to change and innovators will be the new world elite.
The post The change of generational wealth is here due to Bitcoin appeared first on 99Bitcoins.
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