Quote from: olubams on October 16, 2017, 08:41:59 AM

Quote from: Btc@Yami on October 16, 2017, 06:16:52 AM

Wealth transference from the older generation is happening as the Baby Boomers generation fades gracefully. The younger kids are far more tech savvy and have witnessed so much tech disruption that they are looking for The Next Big Thing. This wealth transference is already finding its way into Bitcoin and other areas that previously would have been overlooked by less tech savvy, high net worth individuals.

The other thing that the younger generation has, is time. They have the time to educate themselves on crypto. Open accounts. Monitor trades and chat rooms and be part of the ecosystem and learn about new opportunities before those who are settled and on the road to retirement. By investing the time and energy to absorb themselves in this space, they immediately have an edge and will trade the markets in a far more agile and profitable way.

Every generation will have its own working model some will work some will turn out as scam. Several generations have passed with different models. We have seen the era of oil, machines, gold, war, commodities among others. While some were able to live to the next generation, others couldn't surpassed the generation that invent them. Its no doubt the current generation quest for knowledge is something so alarming but at the same time its what its being optimistic to live to the next generation.

Correct, you can't compare the older generation against the tech or baby boomers of today. Each once has its own unique and distinct way to earn profit. Like the bankers of old and the dot com and now bitcoin technology. In another 50 years there would be another technology that they take over. One thing I've noticed though with they baby boomers is that they are really aggressive to find the next "it', but will simply exit and will go live next day to look for better investment opportunities. Unlike the old school, when it is stocks, they will stick to it up to the last end.