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61 sats \ 3 replies \ @BlokchainB 17 Jul \ on: America’s Gerontocracy Goes Deeper than Aging Politicians Politics_And_Law econ
But the true root of this problem lies in the intergenerational wealth-transferring government programs that have been built up over many decades. And that will, if not properly understood and subsequently abolished, continue to fuel this generational conflict long after the current group of geriatric politicians is gone.

With who? Gen Y vs. Gen Z and Gen A?

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83 sats \ 2 replies \ @Undisciplined OP 17 Jul

It’s sort of a rolling conflict where people switch sides as they age.

The next big beef will come from supporting all the deadbeat millennials in their obnoxious old age, unless it’s been abolished or reformed by then.

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64 sats \ 1 reply \ @BlokchainB 17 Jul

Yeah I will not be shocked if they come after bitcoin with some egregious tax scheme.

“You were lucky to be alive in 2026 when Bitcoin was $62k now it’s $6M per coin here in 2046 and all you did was just buy and hold. Gen Y didn’t do anything to achieve that wealth! That’s not fair to us Gen D’ers they should be taxed 15% on each bitcoin sale or loan created using bitcoin”

Get ready this will be coming especially after this credit bubble busts and growth is hard because the demographics are terrible.

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53 sats \ 0 replies \ @Undisciplined OP 17 Jul

I’d be surprised if that didn’t happen

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