So true! Golds market cap growing so much over the last couple years just reminds us all that the world is moving toward neutral, global, reserve assets. Of course all of the sovereigns and baby boomers are going to store a majority of their wealth in the asset thats way larger and been around way longer. But over the next 10-20 years these Boomers will cycle out as the younger Gen X’s and Millennials begin to retire with all their acquired wealth. We will still, obviously, be hoarding most of our wealth in global, reserve assets. But it will be a lot heavier allocation into BTC. Millennials arent going to be hoarding and securing physical gold bars and handing them off to our kids! Fuck outta here! We will be transferring our self custodial keys or setting up customized, family, multisig funds to pass on our generational wealth! I’m not knocking on Boomers either, many of them are coming around! They are admitting that it’s now at this point, more risky to have 0% in BTC than to have at least a small allocation to it. It’s also smart to not put all your eggs into an asset that’s not even 20 years old when you’re already in your 60’s and hopefully enjoying retirement.
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