I remember the late 90s dotcom boom, and that was all about NGU too. Everyone was chasing the latest hot stocks. For a while, it seemed like you couldn't lose... When rampant speculation takes over, it usually ends in a bloodbath.
How many joe retails yoloing into jpegs does it take to equal 300 credit unions offering BTC to boomers? https://www.americanbanker.com/news/small-banks-set-to-go-live-with-bitcoin-trading
Boomers are dying and the wealth is getting passed on to whom? Millennials. It's already happening. What capital flows do you want to follow? Of the old & dying or the ones that are inheriting the money? The only major buyers of Boomer coin that I pay attention to are the pension funds. The ultimate sucker bagholders.
Yes, absolutely. Their kids are clawing at that money, and have been sucking more & more of that wealth to themselves, at an increasing rate. What do you think pays for hipsters' rent in Williamsburg, Brooklyn? It aint coffee shop wages.