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2 Sats 3 days ago
Youth has Bitcoin. I think they are the most privileged population ever to walk the earth. They just don’t know it yet. And, what’s with all the “it’s great time to be alive” proclamations and then turning around and bashing “boomers” for allegedly ruining everything for everyone else in their wake? I’m reminded of the often reposted meme of the little girl saying “worry about your own self.” Great advice for us all.
The attacks on them by the state to implode society were mostly the fun ones. Encouraging hedonism, divorce is liberating, leaving wealth to your children will spoil them, so spend it all! They did have 'nam. But not WWII, as their parents had. And not a lack of housing affordability, as Gen X somewhat had, and millenials very much ran into (and presumably zoomers just huddle under bus stops but they have tiktok). For what it's worth, each generation of fiat has it worse than the last -- that's sort of how it works. The boomers at least got in while the currency was sort of kind of almost gold backed (the real gold standard ended in the 30's with 6102, but the Eurodollar system that carved out Bretton woods didn't really build up steam until they at least were getting some productive assets -- and in many cases even owned homes). They're gonna get annoyed at the salt though, because aside from some of the psy-ops, they largely see what they got as having come from an improved productivity through technology their generation did indeed help create -- they just didn't get wildly debased because their wealth was already heading strongly into assets. Prior generations, however, would have had more of a difficulty becoming as wealthy because the younger generations would have provided competition in the market place -- what boomers got instead was future generations that had no choice but to pay them rent. Rent does seem to be the root of the resentment. We'd go a long way by removing a lot of the tax benefits of real estate ownership. I don't quite think we need to address anything about rent inherently, but the idea that you're going to be subsidized in your endeavor to withhold living space while demanding ransom for it is a bit silly. I'm not holding my breath on that happening with a real estate tycoon in the White House though. AOC will probably do it, but also while raising the fuck out of all of the taxes and killing productivity in the first place. tl;dr stack sats and build your citadel.
I see zero difference in the boomers and their indifference to goverment over-reach and spending in comparison to you and your ghey "influencer" buds indifference in the bloat and scams built ontop of bitcoin and nodes. But bitcoin magically goes up forever, right walker? Why do us stupid kids question it.