Part 6/20:
A key demographic insight he emphasizes is that most older investors (above 50) are less likely to embrace Bitcoin, slowing institutional adoption. Conversely, younger generations, often under 40, are more inclined to view Bitcoin as a long-term wealth transfer asset. This demographic shift, coupled with the ongoing transfer of wealth from older to younger cohorts, fuels his optimistic outlook. He notes that "the probability that they embrace this story is very high," especially as the perception of Bitcoin as a digital gold or digital store of value solidifies.
He forecasts a significant influx of wealth into Bitcoin over the coming decade, driven by demographic shifts and the diminishing presence of OG sellers.