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Boomer Money... 15 Years From Now

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by COINS NEWS 106 Views

I had an interesting conversation the other day with a colleague as we chatted about crypto, and to a lesser extent the world economy. But it didn't get interesting until he mentioned the mass influx of inheritances the world will receive in the next 10-15 years. Boomer money.

He brought up Boomers, by far, have the vast amount of wealth right now, and for the most part they are living off traditional pensions and stock investments - not crypto. Crypto is too risky for a generation in their twilight years, so they have largely stayed away from it.

His prediction is we will see a mass investment into riskier investments, such as tech - AI, crypto, metaverse, etc - because it is the generations next in line that are driving these markets. This in turn will bring more people into the space, thus making the space less risky, if not risky at all.

And that got me to thinking. I don't want to go into the exact numbers, but my siblings and I should inherit a nice chunk of money from our parents when they pass, so I started "spending" the money in my head. X amount of dollars towards real estate. X amount toward traditional stocks. X amount to payoff any existing debts, etc.

When I got to the end of my imaginary spending, I had a fairly sizeable amount leftover - an amount I would put into crypto, which is more than quadruple what I have in the space currently.

So my question to you all is, will crypto receive its greatest influx of users/investors, AND most importantly fiat, after the Boomers pass away and leave behind their massive wealth?

submitted by /u/Spicoli007
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