The previous generation was used to shaking their heads and sighing at the 24/7 "casino" in the cryptocurrency exchange, denouncing it as the depravity of the younger generation. However, this moral superiority overshadows a deeper and more ironic economic reality: when the traditional path of wealth accumulation—the postwar myth of hard work, savings, home purchase, retirement—has been completely shattered by the inflation and asset bubble—speculation is no longer gambling, but the only rational choice. When hard work fails to afford a house for a lifetime, throwing savings into what is called "speculation" platforms can instead seem like a well-thought-out risk hedge.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

  • Top
  • Latest
empty
No comments yet