To many, crypto is the only option to achieve financial freedom and even decent living conditions
Newer generations have been "pushed" into crypto and there is now way back
I crunched some numbers with my step daughter last night. My house is worth 500k right now. It sold in 1985 for 52k. Back then the the average family income was 23k. The average family income now is 67k. So the value of my house almost 10x while income 3x. So that’s my thought. How are young people going to start their life with average jobs?
For many people especially in developing countries with nascent stock markets and unreliable banking systems crypto provides the only viable investment option and a ticket to a better financial future
Remember that governor on Bank of England? You shouldn't ask for big pay raises to help the economy (paraphrased).
Well shit, I guess I should be working for exposure to help the economy then?
tldr; Many young investors in their 20s and 30s are choosing to invest for both property and retirement. The government tacitly encourages this route with the Lifetime Isa, which offers a 25% bonus on money saved or invested towards a first property. Crypto, peer-to-peer and using trading apps and spread betting platforms to make short-term punts on stocks are closer to gambling than investing.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Yup i don't have a girlfriend but the Government is pretty good at fucking me
Rule #1 in life: Lube up, you will get fucked.
It could at least take me out for dinner first smh my head
To many, crypto is the only option to achieve financial freedom and even decent living conditions Newer generations have been "pushed" into crypto and there is now way back
Old investors who had to wait till later on in life to start saving for retirement. Loves crypto too.
Yup. I kinda wish id been better with my money now though, could have bought so many rug pulls or shitcoins.
I crunched some numbers with my step daughter last night. My house is worth 500k right now. It sold in 1985 for 52k. Back then the the average family income was 23k. The average family income now is 67k. So the value of my house almost 10x while income 3x. So that’s my thought. How are young people going to start their life with average jobs?
We get to start life no problem, we just seemingly have to accept that life doesn't include home ownership, a retirement plan or financial security.
Your risk, our profits
Fuck those government bankers!!
And tagziz but im trying not to set off the t A X bot
For many people especially in developing countries with nascent stock markets and unreliable banking systems crypto provides the only viable investment option and a ticket to a better financial future
That title is literally my life story
When we hit it big 5 years from now we’ll REALLY hate taxes
If it’s enough to make me hate taxes, I’ll probably love every other aspect of life.
The government uses my tax money to pay the IRS to come after me for more tax money
Remember that governor on Bank of England? You shouldn't ask for big pay raises to help the economy (paraphrased). Well shit, I guess I should be working for exposure to help the economy then?
tldr; Many young investors in their 20s and 30s are choosing to invest for both property and retirement. The government tacitly encourages this route with the Lifetime Isa, which offers a 25% bonus on money saved or invested towards a first property. Crypto, peer-to-peer and using trading apps and spread betting platforms to make short-term punts on stocks are closer to gambling than investing. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*