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Young People Are So Poor They’re Forced Into Crypto, Study Says
A new study reveals a harsh truth:
young people aren’t investing in crypto because they love it — they’re doing it because they’re broke. People born in the 1990s are far less likely to own a home than their parents.
Why? Because house prices have exploded so much that it now takes years longer to afford the same home. With homeownership slipping away, young people are placing Hail Mary bets — and crypto is the top choice.
The Rise of Discouraged Renters The study shows that once renters realise they may *never* afford a home:
- They spend more on credit cards - They lose belief in “hard work pays off” - They turn to high-risk, high-upside assets like crypto
Those with $50,000–$300,000 in assets are the most likely to jump into crypto.
Not out of tech passion — but out of desperation And those with under $50,000?
They stop investing entirely because they simply can’t afford to take risks
Crypto becomes a substitute for the American Dream. Researchers say young people now see crypto as a last chance to leapfrog a system that they believe is designed against them.
Global Crisis
This isn’t just America.
In South Korea, youth call themselves the *“Sampo generation”* — giving up dating, marriage, and kids due to housing costs. In Japan, many embrace “Satori,” giving up material dreams because they feel the future is already out of reach.
A collapsing generation
The study predicts that 1990s-born adults will retire with nearly 10% lower homeownership than their parents. #BinanceHODLerAT #GlobalFinance
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This is not just a mining win… It’s a geopolitical power shift. 🔥
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🚀 What It Means for the Gulf
🌆 Saudi Arabia accelerates Vision 2030 — fast-tracking independence from oil 🌍 Middle East becomes a mining powerhouse 💰 Global investors eye the region ⚡ Infrastructure, tech, energy, and trade demand EXPLODE
The Gulf isn’t competing anymore… It’s LEADING. 🚀🔥
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📌 Why Crypto Eyes Are Locked In (BANANAS31 • SHIB • ASTER)
As liquidity, capital flow, and global attention shift toward the Gulf:
>Jensen Huang Starts Nvidia in 1993, but almost goes bankrupt in 1996, laying off 50% of staff and telling his team “we are 30 days from going out of business."
>In 1997, Nvidia wins a contract with Sega, but Jensen admits their chip won’t work. Sega decides to invest $5M into Nvidia, buying them six months of runway, enough time to pivot to a new GPU architecture.
>The pivot works. By 1999, Nvidia goes public and launches the GeForce 256, marketing it as the world’s first "GPU” and they dominate the PC gaming market.
>Jensen notices Ph.D. students are hacking his gaming cards to solve complex math problems. He realizes the GPU is actually a supercomputer disguised as a toy, and starts aggressively investing in this use case.
>Throughout the 2000s, Nvidia pours profits into developing CUDA, a software platform that makes GPUs programmable for AI, scientific computing, and many of the heaviest workloads that CPUs can’t handle.
>Then in 2016, Jensen hand-delivers the world's 1st AI supercomputer (the DGX-1) to Elon Musk for a nonprofit he’s funding called OpenAI, so they can train a "generative model".
>But in 2022, Nvidia’s stock falls 66% as the PC market slows, and Ethereum switches to Proof-of-Stake, instantly killing the multi-billion-dollar GPU mining market, one of Nvidia’s biggest demand drivers. GPU resale prices collapse. Nvidia’s revenue guidance drops.
>While the industry slows down, Jensen aggressively secures TSMC's limited CoWoS packaging capacity (the bottleneck for AI chips) betting the farm that the "AI Moment" is imminent.
>In Nov 2022, OpenAI launched ChatGPT. Every major tech company suddenly needs thousands of Nvidia H100s at $30K each.
>From 2023 - 2025, tech companies commit 100s of billions on AI infrastructure spend. All roads lead to Nvidia, and their software layer CUDA locks developers into their ecosystem.
Today, Nvidia is the most valuable company in the world, valued at $4.3 trillion, and Jensen owns approximately 3.5% worth $150+ billion.
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