On social media, dogecoin creator Billy Markus is known as Shibetoshi Nakamoto. He recently shared his thoughts on how millennials save for retirement on his X account. Markus keeps his 2.1 million fans interested with his unique takes on current events. He is known for his ironic commentary.
Markus said in his most recent post that millennials’ retirement savings are not even close to where they want them to be, which is about the value of one Bitcoin. He brought up the humorous fact that millennials need about $1.65 million to retire comfortably, but he didn’t say where he got the figure.
Dogecoin Creator’s Ironic Tone
Markus added to his ironic tone by saying that millennials have only saved about $62,600 so far. This number seems more like a figure of speech than a real number, and it may be a reflection of the tough economic conditions in the U.S., which are marked by inflation and other financial stresses.
Markus added a “grimacing face” emoji to his message and said that millennials plan to retire by age 59. Millennials are people born between 1981 and 1996. They are now between 28 and 43 years old. People born in the early 1980s might find it hard to save the $1.65 million they need by the time they are 59.
This post started a lively discussion among X users, who had a range of responses, from agreeing with it in a humorous way to arguing seriously about whether or not millennials can actually retire. A lot of people were also worried about how inflation and rising state debt would affect their own budgets.
Markus brought up the interesting number of $62,600, which was the value of Bitcoin on Tuesday. He linked it to the fact that he often talks about how volatile Bitcoin’s price is and why he prefers to invest in Bitcoin over Dogecoin. Markus said earlier this year that he would rather own one Bitcoin than one Dogecoin.
This may be a hint at the growing interest in Bitcoin among millennials.Markus’s comments once again shows how hard it is for millennials to make ends meet. As usual, he does this with the irony that keeps his audience interested and makes them think.
