Latest news with #2048
Yahoo
05-07-2025
- Business
- Yahoo
Crypto is about to get even bigger thanks to millennials
How the Boomer wealth transfer could reshape global finance. Psychologists now know exactly what makes someone cool. Turns out, the definitions are universal 'Alligator Alcatraz' merch appears on Amazon and Florida GOP website, making light of controversial facility Companies need leaders. Here's how to stand out Born too late to ride the wave of postwar prosperity, but just early enough to watch the 2008 financial crisis decimate some of their first paychecks. Old enough to remember dial-up. Young enough to buy Bitcoin on their phones. They've lived through tech booms, housing busts, meme stocks, student debt, and five different definitions of 'retirement planning.' Now, as trillions in wealth begin to change hands, this generation stands to serve as a bridge between old capital and new code, traditional finance and the blockchain future. If handled wisely, this moment won't just shape the portfolios of younger investors—it could reshape the architecture of global finance itself. Roughly $124 trillion in wealth is expected to pass from baby boomers to younger generations by 2048, with millennials set to inherit the largest share: approximately $46 trillion over the next two decades. While Gen X is expected to inherit slightly more than millennials in the next 10 years, by the 2040s, millennials will take over as the dominant inheritors—and primary stewards of global capital. This isn't just a generational milestone. It's a once-in-history opportunity to redefine how capital is allocated, what assets are prioritized, and what financial frameworks endure. Millennials aren't inheriting a set playbook—they're writing a new one. The timing couldn't be more significant. After years of growing pains, the digital asset space is undergoing a profound transformation. Following the collapse of FTX in 2022, the ecosystem began maturing rapidly. By 2024, a major inflection point arrived: The Securities and Exchange Commission approved the first spot Bitcoin exchange-traded funds (ETFs), marking a formal bridge between traditional finance and crypto. The ETFs shattered records—underscoring just how much pent-up demand existed among retail investors, registered investment advisers (RIAs), and institutions that had previously been locked out of the asset class. So far, nearly $41 billion has flowed into these products, a staggering figure for any ETF, let alone one tied to an asset recently dismissed as fringe. Additionally, North America's crypto market is now dominated by large transfers over $1 million—about 70% of transaction volume—reflecting deep institutional involvement. And it's not just about ETFs. Major institutions are integrating crypto into their offerings in tangible ways: Mastercard and Visa are experimenting with stablecoin settlements. Lyft is leveraging Hivemapper for road data. AT&T is offloading traffic onto the Helium network. This isn't the Wild West anymore. Regulation is clarifying. Infrastructure is stabilizing. And serious capital is arriving. So, which generation is most naturally situated to carry digital assets into the financial mainstream? Not Gen Z (at least, not yet). While 42% of these young investors own cryptocurrency, only 11% have a retirement account, indicating a preference for immediate, high-risk investments over long-term financial planning. Not boomers, either, who have largely opted out—just 8% hold digital assets, while 64% have more traditional retirement accounts. Millennials, however, are fluent in both financial worlds. They're almost equally likely to invest in crypto as they are in retirement accounts—36% own cryptocurrency, and 34% have retirement plans. They understand ETFs and decentralized finance, spreadsheets and stablecoins. They grew up with the internet and came of age during the 2008 crisis. They're old enough to remember the dot-com bust, young enough to see blockchain's promise. In short: Millennials have a tech-native mindset and a healthy respect for risk. That balance matters. Surveys show that millennials are more comfortable investing in crypto than any older cohort. In fact, 62% of millennial ETF investors say they plan to allocate to crypto ETFs, making it the No. 1 asset class for that age group. And they're not just speculating—12% believe crypto is the best place to invest for long-term goals, compared to just 5% of boomers. This makes millennials uniquely qualified to shepherd digital assets out of their adolescence and into legitimacy. As nearly $85 trillion moves into the hands of Gen X and millennials combined, every asset manager, RIA, and financial institution will be forced to adapt. Catering to these investors won't just mean better digital UX or TikTok explainers. It'll mean rethinking allocations, product offerings, and frameworks that may have, until recently, assumed digital assets are fringe. They are not. Not anymore. The generation that straddled Web2 and Web3 is about to call the shots. They speak the language of blockchain and the cadence of capital markets. That dual fluency will define the next phase of global investing—and determine whether crypto becomes a credible pillar of the financial system or stalls as a misunderstood asset class, never realizing its broader potential. The opportunity isn't in betting on crypto. It's in building the institutions, tools, and strategies for a world where digital assets are simply part of the portfolio. And that world? It's coming faster than most expect. This post originally appeared at to get the Fast Company newsletter: Sign in to access your portfolio
Fast Company
03-07-2025
- Business
- Fast Company
Crypto is about to get even bigger thanks to millennials
How the Boomer wealth transfer could reshape global finance. Born too late to ride the wave of postwar prosperity, but just early enough to watch the 2008 financial crisis decimate some of their first paychecks. Old enough to remember dial-up. Young enough to buy Bitcoin on their phones. They've lived through tech booms, housing busts, meme stocks, student debt, and five different definitions of 'retirement planning.' Now, as trillions in wealth begin to change hands, this generation stands to serve as a bridge between old capital and new code, traditional finance and the blockchain future. If handled wisely, this moment won't just shape the portfolios of younger investors—it could reshape the architecture of global finance itself. The $46 Trillion Handoff Roughly $124 trillion in wealth is expected to pass from baby boomers to younger generations by 2048, with millennials set to inherit the largest share: approximately $46 trillion over the next two decades. While Gen X is expected to inherit slightly more than millennials in the next 10 years, by the 2040s, millennials will take over as the dominant inheritors—and primary stewards of global capital. This isn't just a generational milestone. It's a once-in-history opportunity to redefine how capital is allocated, what assets are prioritized, and what financial frameworks endure. Millennials aren't inheriting a set playbook—they're writing a new one. Digital Assets Have Grown Up The timing couldn't be more significant. After years of growing pains, the digital asset space is undergoing a profound transformation. Following the collapse of FTX in 2022, the ecosystem began maturing rapidly. By 2024, a major inflection point arrived: The Securities and Exchange Commission approved the first spot Bitcoin exchange-traded funds (ETFs), marking a formal bridge between traditional finance and crypto. The ETFs shattered records —underscoring just how much pent-up demand existed among retail investors, registered investment advisers (RIAs), and institutions that had previously been locked out of the asset class. So far, nearly $41 billion has flowed into these products, a staggering figure for any ETF, let alone one tied to an asset recently dismissed as fringe. Additionally, North America's crypto market is now dominated by large transfers over $1 million—about 70% of transaction volume —reflecting deep institutional involvement. And it's not just about ETFs. Major institutions are integrating crypto into their offerings in tangible ways: Mastercard and Visa are experimenting with stablecoin settlements. Lyft is leveraging Hivemapper for road data. AT&T is offloading traffic onto the Helium network. This isn't the Wild West anymore. Regulation is clarifying. Infrastructure is stabilizing. And serious capital is arriving. The Bridge Generation So, which generation is most naturally situated to carry digital assets into the financial mainstream? Not Gen Z (at least, not yet). While 42% of these young investors own cryptocurrency, only 11% have a retirement account, indicating a preference for immediate, high-risk investments over long-term financial planning. Not boomers, either, who have largely opted out—just 8% hold digital assets, while 64% have more traditional retirement accounts. Millennials, however, are fluent in both financial worlds. They're almost equally likely to invest in crypto as they are in retirement accounts —36% own cryptocurrency, and 34% have retirement plans. They understand ETFs and decentralized finance, spreadsheets and stablecoins. They grew up with the internet and came of age during the 2008 crisis. They're old enough to remember the dot-com bust, young enough to see blockchain's promise. In short: Millennials have a tech-native mindset and a healthy respect for risk. That balance matters. Surveys show that millennials are more comfortable investing in crypto than any older cohort. In fact, 62% of millennial ETF investors say they plan to allocate to crypto ETFs, making it the No. 1 asset class for that age group. And they're not just speculating— 12% believe crypto is the best place to invest for long-term goals, compared to just 5% of boomers. This makes millennials uniquely qualified to shepherd digital assets out of their adolescence and into legitimacy. Market-Wide Impact As nearly $85 trillion moves into the hands of Gen X and millennials combined, every asset manager, RIA, and financial institution will be forced to adapt. Catering to these investors won't just mean better digital UX or TikTok explainers. It'll mean rethinking allocations, product offerings, and frameworks that may have, until recently, assumed digital assets are fringe. They are not. Not anymore. The generation that straddled Web2 and Web3 is about to call the shots. They speak the language of blockchain and the cadence of capital markets. That dual fluency will define the next phase of global investing—and determine whether crypto becomes a credible pillar of the financial system or stalls as a misunderstood asset class, never realizing its broader potential. The opportunity isn't in betting on crypto. It's in building the institutions, tools, and strategies for a world where digital assets are simply part of the portfolio.
Hindustan Times
27-06-2025
- Entertainment
- Hindustan Times
Flight mode: How to stay sane on long plane rides
Flying West for the summer? We know what that's like: Endless hours in a clammy plane, knees cramped, neck twisted, stuck behind the guy who reclines like he's at a spa. The in-flight movie sucks. The snacks are so-so. And for the most of it, you're not tired enough to sleep, but there's nothing to do. Airplane boredom is its own unique hell. The right game can easily kill hours. Try a simple one such as 2048. (SHUTTERSTOCK) Here are the best hacks to thrive at 37,000 feet. Game on. Birat Bose, one half of Insta duo @ flies to Europe almost every month. His tip for not losing your mind on a long-haul: 'Pick a super-addictive game such as 2048. It's simple, free, and before you know it, you've killed hours.' He saves chess for when he's more mentally alert. Most frequent fliers recommend downloading a bunch of puzzle and game apps before they board so they can play them ad-free on the flight, when there's no Wifi for the ads to interrupt. Travel influencer Jinali Sutariya (@TravelStoriesByUs) carries travel-friendly riddle cards. 'You can choose between solving murder mysteries, math or GK challenges.' You can even challenge the stranger next to you, if you're brave. Treat yourself. So what if you can't afford to fly business class? Packing your own gourmet nibbles and drinks can kill the tedium somewhat. Sutariya carries her own pour-over coffee kit. 'It kills time and tastes so good,' she says. Bose loves to curate a special airplane playlist. 'I save new albums or songs I really want to hear and don't listen to any of them until I fly.' Imagine listening to Run It Up by Hanumankind for the first time when you're strapped into seat 24F with no distraction but the view of the clouds. Another hot tip: Forget in-flight entertainment. Pick a juicy crime show before you fly, and binge all the way until a big cliffhanger, saving it for the journey. It beats having to pick from the airline's selections and getting invested from S1E1. Make it count. Flights offer a rare, untouchable zone. No distractions, no internet. For travel writer Nainaa R Rajpaal (@ it's prime time for digital spring cleaning. 'I clear out photos, delete old files, reply to messages I've left hanging for months. It feels so productive.' Sometimes, she even drafts offline catch-up messages to friends she's fallen out of touch with. 'You never get that kind of headspace otherwise.' Bhawna Rao, co-founder of luxury travel company Encompass Experiences, uses this time to watch all the shows and movies that her husband won't watch with her. 'I binge-watch K-dramas and trashy docuseries.' Use the empty hours of the flight to learn a language or skill. (SHUTTERSTOCK) Skill up. Sutariya says she often uses flight time to learn new languages through apps. She has also seen fellow flyers carry sketchbooks. You can even take offline YouTube mini-courses. Want to learn how to code? Write better? There's a downloadable video for them both. Imagine landing smarter than when you took off. For podcast buffs, there's Trivial Warfare Trivia and Triviality. Sweat it. Don't underestimate in-flight fitness. Rao once spotted someone doing yoga mid-air, and now has her own modest routine: Toe touches, calf raises, ankle rolls, shoulder shrugs, and a few aisle laps. 'I feel less bloated when I land.' Rajpaal adds a surprising twist: 'I do bag lifts using my cabin luggage. A gym trainer taught me that. It's weird but it works.' Hit refresh. There's nothing like a mid-air reset to arrive feeling human again. Carry a change of clothes, even if it's just a fresh T-shirt, and switch mid-flight or just after you've napped. Fresh-smelling clothes can shake the mind of the same-old, same-old nature of a long flight. Both Bose and Sutariya turn to skincare for a pick-me-up. 'I use a face mist, sheet mask, and moisturiser. It keeps my skin hydrated and keeps me busy,' says Sutariya. Bose turns his pre-landing hour into a ritual: 'A little cleanse and moisturise helps me feel less mucky and more like myself when I land.' From HT Brunch, June 28, 2025 Follow us on
Yahoo
14-02-2025
- Entertainment
- Yahoo
Like T-Mobile? You can pay your phone bill by playing games
How much time do you spend playing mobile games on your phone? A lot of people use them to pass the time, but Metro by T-Mobile customers could double down and work toward paying off their monthly bill. The carrier has partnered with the Ad It Up app to let users earn points by shopping, playing games, and answering surveys. All those points can be placed toward your next month's bill. This only works for a few specific carriers, including Cricket and T-Mobile. Anyone can download the app, but will receive an alert that their carrier isn't supported if it's any besides these. The available games include Coin Master, Traffic Puzzle, and Cube Master, but there are others to choose from if none of those fit your tastes. For example, you can play the wildly popular 2048 puzzle game to earn points. Another perk of the app is that it provides exclusive discounts to specific retailers, like Walmart, Chewy, and Hello Fresh. Shopping will also earn points, so you might as well save a little dough, right? There are hundreds of games to choose from, and the app is available for both iOS and Android users. Once downloaded, it will keep track of all the points you earn, and you can redeem these to knock your bill down a little further (or cover it entirely, if you spend enough time earning points.) At a time when economic uncertainty has people more hesitant to spend money, an alternative — and fun — option for paying your phone bill seems like a no-brainer. It's just unfortunate that Ad It Up doesn't work with more mainstream carriers like Verizon and AT&T.
