Post
Topic
Board Trading Discussion
Re: Scams & ponzi schemes?
by
olubams
on 16/10/2017, 08:41:59 UTC
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 it’s 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.