I had a epiphany when I was watching a real estate podcast about why housing is so expensive. Boomers have locked in $18T in real estate and have treated it as their wealth building asset. However, millenials and gen z are barely invested in real estate, mostly because boomers have made it unaffordable. On the other hand, Millenials and Gen Z are heavily invested in BTC, no matter how small an amount and are using it as a way to build and store wealth.
Over the next 30 years, boomers will need money, their houses arenβt going to pay the bills. As they downsize and convert into more liquid assets, theyβll have to invest in BTC, which at the point would transfer wealth to the next generations. BTC is really for other generations what real estate was for boomers.
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