People over the age of 65 accounts for 76 percent of all wealth in the United States.
Consider where the crypto markets will be when the younger generations that have grown up with cryptocurrency reach the age of this group...
It is natural that most of the wealth of the world is concentrated on those that are older, not only they had worked for longer but they have also inherited the wealth of their parents and grandparents so this is not a surprise at all.
However the current generation does not have the same opportunities that they had and when we think of the concentration of wealth that is taking place then I think it is useless to think in those terms and instead we should think about how much wealth is being held by the wealthiest 1%? And I am sure we will find out that they are holding more wealth than ever before, and as such it is not a surprise that the younger generation is looking to invest their money in bitcoin and other cryptocurrencies instead of investing in stocks and other similar instruments which are overvalued.