Millennials and Generation Z are known as the generations most compatible with Bitcoin , which represents a bright future for the world's main cryptocurrency.

Yet commercial legend Peter Brandt believes that their penchant for Bitcoin will not save these generations from the failings of the failing financial system.

In his new tweet, the veteran trader says young people will still have to pay back government bailouts.  

 

Out of control

In early May, the US national debt crossed the frightening threshold of 25 billion dollars without showing any sign of slowing down.

This rising figure underscores the government's effort to keep the economy afloat with enormous economic stimulus.  

Brandt believes this should be a wake-up call for the younger generation while wondering why there is no outrage.

A major bull affair

As reported by PassionCrypto  , Brandt claimed that he believed in Bitcoin's long-term narrative . However, he still has reservations about the cryptocurrency as it could not flourish from the ruined financial system.

In December, Grayscale Managing Director Michael Sonnenshein was of the opinion that Bitcoin  could get a major boost due to the generational wealth transfer.

Almost $ 68 billion in wealth held by older Americans is expected to be passed on to millennials over the next 25 years.