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But we saved everything 🙂.
Mark Moss warns that despite headlines predicting the largest wealth transfer in history, estimated at $93 trillion, most of this money may not reach the next generation.
According to Moss, over 60% of the anticipated transfer is expected to be lost before it can be inherited, challenging the assumption that wealth is simply transferred without significant loss. He also states that Bitcoin will not resolve this issue.
Moss has previously encouraged those interested in Bitcoin’s progress to seek insights from early participants, as detailed in his account of Bitcoin's early days. He has also noted that crypto market maturation has led to assets with improved risk-adjusted returns, according to a recent commentary. The current assessment of wealth transfer risk follows these ongoing observations about digital assets and market cycles.