Some millennials call bitcoin ‘boomer coin,’ prefer dogecoin, altcoins

While bitcoin is still relatively new to mainstream investors, the next generation has already pronounced it the “dinosaur of crypto.”

“We’re looking at [bitcoin] in crypto years,” dogecoin millionaire Glauber Contessoto, 33, tells CNBC Make It. “We just like to tease bitcoin people. They’re so serious all the time.”

Indeed, across social media platforms such as Twitter and Reddit, Gen Z and young millennial investors are starting to refer to bitcoin as “boomer coin,” particularly during the…

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