Post by
GG20200 on Feb 26, 2021 12:49am
The Younger Generation believes in Crypto Currencies
5 Generation > Golden Age > Baby Boomers > Generation-X , Millenials ( Gen Y ) , and now Gen-Z
The older generations like Golden Age, Baby Boomers, and Gen-X believes in opening a bank account. They like using cash, debt cards, and credit cards,
Generation-Y and Generation-Z ,,, they usually don't carry cash, they still use debt and credit.
They like using their smartphone to pay for their bills and buy stuffs ... their ultimate enjoyment is using their crypto money like Bitcoins. Many of them have more money in Bitcoins than in their bank account.
The bankers are moving into Cryptos, they know the younger generation loves cryptos like Bitcoin ... YOU HAVE TO SEE WHAT IS THE FUTURE TREND ... the USD eventually going to die and no longer the world reserve currency.
There's a chance Bitcoin can replace Gold as the new safe haven and store of value. At that time, Bitcoin going to be worth $600,000 to $2 million per coin. How much is Bitcoin right now ?
under $50,000
u get the picture
Comment by
Bagofhammers on Feb 26, 2021 11:59am
Correct. Dusty old fossils like Charlie Munger are no longer in touch with the new reality. These farts will continue to stick to the old stocks like Kellogs, Wells Fargo, Campbells etc. Absolute tunnel vision.
Comment by
GG20200 on Feb 26, 2021 5:02pm
I couldn't stop laughing.
Comment by
GG20200 on Feb 26, 2021 5:00pm
Munger still buy his daily newspaper for the most up to date infomation. Yes, he still read books and newspaper. haha never change