Today I wanted to reflect on the crypto markets, although my posts don't usually cover these topics, but I wanted to give my opinion on their social landscape.
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Cryptocurrencies are changing the world and will likely transform it as much or more than the internet or mobile phones. And since this applies to the financial market, it could be a way of generating wealth transfer. We all know that technology is always adopted first by the youngest, and that's also what has happened with Bitcoin. So today, they are the most prepared to manage its advantages and disadvantages.
It's true that they don't have the money to control the market, but they can capitalize on its profits much better than older people. Most crypto millionaires are young.
If the trend continues and Bitcoin reaches a value of more than $1 million, we may see this significant transfer of wealth between generations.