/biz/ - Business & Finance

[Bitcoin No.25702707]

Bitcoin oldfags general

At this point we are just holding for intergenerational wealth.

What's the point? Sure our kids might turn out fine but the grandkids are going to spend it all anyways.

1st generation is born poor works hard, saves and builds enough capital to start.

2nd generation watches mom and dad struggle growing up and uses the wealth to go to school make connection and grow the family empire.

3rd generation grows up rich never see struggle and doesn't understand how hard that first $100,000 is. They blow it all and the cycle restarts.

I have enough to live comphy life but still have this desire to expand. What's wrong with me.

[Bitcoin No.25703073]

[Anonymous No.25703219]

>>25702707
>What's the point? Sure our kids might turn out fine but the grandkids are going to spend it all anyways.
That's an interesting take.
Raise your kids right and make sure they raise their kids right.
It's possible to raise a child in a wealthy household and have them not turn out to be entitled brats. But it takes good parenting.
And their parents will learn from their parents (you).

[Anonymous No.25703265]

>>25702707
>1st generation works hard
Shitposting on 4channel while looking at your magic internet money isnt working hard you faggot

[Anonymous No.25703269]

>>25703073
Did she get infested with bogdabots?

[Anonymous No.25703493]

>>25702707
>3rd generation
>finally hit 8 figures in crypto this week, started with ~$9k in 2013
>don't give up, have kids

[Anonymous No.25703513]

Not replying seriously until sauce is posted

[Anonymous No.25703563]

>>25702707
Don't give up, you can teach your kids to manage money and set up a system with trusts, etc. to protect the money. Besides, if you get stupid rich they'll have to go out of their way to sabotage themselves.

[Bitcoin No.25703588]

>>25703219
That the problem. You can only instil so many of the old values, but some are lost every generation.

I have friend that grew up extremely rich and still work hard and are frugal so there is some truth to your statement.

Thinking about it the worst kids are the ones are the ones that grew up in predominantly white neighborhood around other privileged whites kids.

I think I will be sending my boys to public school and girls to some fancy private school. That way the girls can go to ivy league and get in at big law and not depend on a man. And the boys can get some life skills and take over the family business.

[Anonymous No.25703679]

>>25702707
>1st generation fights for subsequent generations' rights and wealth
>2nd gen becomes spoilt and entitled and starts being violent unruly thugs using politics to get their way
>3rd gen and onwards are a bunch of lousy Shaneequas collecting child support and welfare

This is why I don't have kids.

[Anonymous No.25703742]

>>25703265
speak for yourself dad

[Anonymous No.25703770]

>>25703563
I literally dead ass know an ugly fat white girl who pawned off the family jewels to buy a house for a neo-Nazi golddigger who pointed a shotgun at her own grandmother. She married him too.


Live for yourself, pick whomever you want. Don't have kids, live on through your ideas instead.

[Anonymous No.25703791]

>>25702707
Why are you saving pics of 4/10 thots, coomer faggot

[Anonymous No.25703834]

>>25702707
Set up a trust with appropriate criteria for getting the money
My kids are going to bust their fucking ass just on principle
Raise your kids like aristocrats would raise theirs.

[Anonymous No.25703872]

Actual oldfag here. Start thinking of an exit plan. Big discounts ahead.

[Anonymous No.25703912]

>>25702707
>1st generation is born poor works hard, saves and builds enough capital to start.
>2nd generation watches mom and dad struggle growing up and uses the wealth to go to school make connection and grow the family empire.
>3rd generation grows up rich never see struggle and doesn't understand how hard that first $100,000 is. They blow it all and the cycle restarts.
This is why it's crucial for a family to maintain a superior work ethic and intellect if it's to maintain its power. Spoiling children only results in ruin

[Anonymous No.25703964]

>>25702707
>>25703073
>>25703588
OP pic is in Toronto. is she canadian?

[Anonymous No.25703968]

I really would have sex with that woman

[Anonymous No.25703976]

>>25703834
>Raise your kids like aristocrats would raise theirs.
So, really badly?

[Bitcoin No.25703999]

>>25703834
Absolute shit advice actally. Kids like that are actually the worst because they have no concept of the money. Coddled all their lives.

The most successful ones I see are the ones given the keys to the kingdom early. Kids don't grow unless they are forced too. True for anyone actually, if you not feeling uncomfortable then your not improving. Make thouse faggots start working at age 14.

[Anonymous No.25704030]

>>25703770
>literally dead ass
Is this what happens when niggers ride the pump?

[Anonymous No.25704047]

>>25702707
buy XMR

[Anonymous No.25704053]

>>25702707
He's handsome. What's his name?

[Anonymous No.25704202]

>>25703679
That's the rare worst case scenario. Most wealthy families tend to stay wealthy over time, and have learned habits that benefit them for life. At worst, the regress to the mean. You just never hear about them.

[Anonymous No.25704207]

>intergenerational wealth
You sound like a stuffy old bore. Get some interesting hobbies, travel or give it to charity. Make your kids/family resent you for blowing it all while giving them a modest life and a college fund. That will set them up for success.

[Anonymous No.25704316]

>>25702707

It's funny how transparent demoralization posts are online but irl if some boomer said this in a crowded room most people would nod.

In a nutshell, this individual's core message is: You, an individual, are powerless to influence your bloodline's destiny, and it is a fool's errand to assume it is possible to do so. Meanwhile, for generations, there are bloodlines that have done exactly that - so what's this guy's deal? He's obviously a worm of some sort. Oh well!

[Anonymous No.25704362]

>>25702707
I might leave my kids assets, probably will that's the plan. But it would just be one component of a larger plan. If I realize I have failed in raising them then I wouldn't leave them as much. But you know you can plan to not fail your child like most retarded boomers failed theirs. You can actually think about the best ways to raise a human being and put conscious effort into it. Bitcoin affords you the opportunity to not have to work long hours and neglect your children. You can teach your children how to raise their children, make it a family tradition of parenting excellence.

[Bitcoin No.25704653]

>>25704362
?

[Anonymous No.25704756]

>>25704653
What didn't you understand? Your OP spoke of a doomer attitude towards raising your children and passing along some of your wealth. I commented on that.

[Anonymous No.25704806]

Not too true OP, if we consider all the successful families throughout history like the myriad nobles of Europe who lasted for thousands of years. From Greeks, to Romans, to medieval kings

They pick their children’s destiny and drilled it into their heads that they have a duty to uphold the family’s reputation.

[Bitcoin No.25704840]

>>25704756
I am in full agreement, just posting the infamous Sopranos scene where Tony kills his nephew Christopher. After he fails to live up to being the successor to family crown due to his drug habit.

[Anonymous No.25704919]

>>25703964
>she

[Anonymous No.25705125]

>>25704840
Oh.. I've never watched the Sopranos. But to add to the discussion:

>I have enough to live comphy life but still have this desire to expand. What's wrong with me.
Nothing so long as you don't let that consume you.

[Anonymous No.25705991]

>>25704316
One of the main things keeping me going is dedicating myself to unseating jewish power.