America's Looming Brain Drain
From Boomers to the Zoomers
(👆Listen to audio version of me reading)
What has to happen for a person to wake up?
Thomas Jefferson once said, "I believe that banking institutions are more dangerous to our liberties than standing armies."
His words still ring true today as the current fiat system continues to erode, and the dollar collapses.
Banks are failing, and countries are leaving the dollar network, and it's time to question the status quo.
The boomer generation, one of the wealthiest in history, at the same age of the current millennial generation had amassed 20% of the nation’s wealth.
The millennial generation currently owns 4% of the nation’s wealth leaving a massive disparity in income for the younger generation.
It's a problem that needs to be addressed, and the transfer of wealth to the younger generation is a start.
As the younger generation inherits stocks, real estate, and other investments, we could see a significant increase in demand for Bitcoin.
The potential for profits here is immense, but there's one big catch…
The government.
If the American government continues to be hostile towards Bitcoin and other emerging technologies, we could see a “brain drain” of talent and wealth leaving the country, similar to what happened in Detroit.
This is a dangerous outcome that we cannot afford, as it could also lead to a loss of tax revenue and a decline in our standard of living.
The notion that, “you hope your kids are better off than you,” is quickly slipping in to the abyss.
Detroit serves as a prime example of what can happen when there's a “brain drain.”
Once a thriving city, it's now a shell of its former self, with a declining population and a lack of goods and basic services.
As governments makes worse decisions, the wealthy and intelligent individuals will leave, and the remaining population will be left with a lower standard of living.
What to do…
To avoid this outcome, the government needs to adopt not only a more favorable stance towards Bitcoin and other emerging technologies but a proactive approach to ensure the status and sovereignty of the country and its people.
We know the other countries and stated enemies will get in to bitcoin as game theory plays out.
At the very least, it’s crucial if we want to remain competitive and attractive to talent and wealth.
As Benjamin Franklin once said, "An investment in knowledge pays the best interest."
Let us invest in our future by advocating for a more supportive government and being active participants so we guarantee investing in emerging technologies like Bitcoin.
Otherwise we leave to chance the ability to seize the opportunity for potential profits and a brighter future and keep America the bright shining city on a hill.
Stay strong,