Tuesday January 21, 2020
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Pessimistic Millennials Across the World Storm Twitter with Retirement Plans

A recent report by the Organization for Economic Cooperation and Development (OECD) found that today, just 60 per cent of millennials are considered middle-class, compared to 70 per cent of baby boomers when they were in their twenties

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Twitter, India, Smartphone
Twitter on a smartphone device. Pixabay

Millennials across the world stormed Twitter with suggestions how they would like to retire, using the hashtag #millennialretirementplans, and most of them had pessimistic and gloomy views about their golden years.

From living in their parents’ basements to colonizing the Mars only to destroy it like Earth, millennials (those born between 1980 and 2000) wished for early death via dark-themed jokes and memes about never been able to retire and putting the blame on Baby Boomers (those born worldwide between 1946 and 1964) and political upheavals.

“Hope we don’t die in our chairs during a meeting that could have been an email,” wrote one user.

“Watch as the environment disintegrates and move to Mars, where we will yet again, destroy another planet,” posted another.

Most of the millennials painted a bleak picture of their retirement plans.

“Why is this even on trending? We all know we’ll never be able to retire,” said another Twitter user.

“Cultivate my kids so they can become successful millionaires and live off of them,” wrote one.

There were several tweets about poor healthcare as a barrier to a good retirement.

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FILE – A man reads tweets on his phone in front of a displayed Twitter logo. VOA

“Work myself to death since healthcare is a debt sentence & social security won’t exist by the time I’m of ‘retiring age’. Or just wait for the nuclear apocalypse,” said one millennial user.

“Early death,” said one.

“Dumpsters are the new tiny houses,” posted another.

A few millennial users, however, made light of the situation.

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“Travelling around the world collecting Pokemon Go,” said a user.

Other comments were: “Have older people pay for you now, have younger people pay for you later,” and “become an anti-social media influencer”.

A recent report by the Organization for Economic Cooperation and Development (OECD) found that today, just 60 per cent of millennials are considered middle-class, compared to 70 per cent of baby boomers when they were in their twenties. (IANS)

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Twitter Planning Bitcoin Payments as Tips on its Platform

Dorsey has also hired Bitcoin developers for his payments company

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Twitter is a social media app that encourages short tweets and brief conversations. Pixabay

Twitter is considering a feature that would allow users to tip one another – in Bitcoins though.

The Information reports that the micro-blogging platform is working on implementing a new payment feature to let people send money to each other.

It is not yet clear whether the Twitter tipping feature would integrate with Jack Dorsey’s other company, Square, which is a financial services, merchant services aggregator, and mobile payment company based in San Francisco.

Dorsey has made absolutely no secret of his love of Bitcoin over the years.

NewsBTC has reported on the Twitter CEO opining that Bitcoin will one day be the currency of the internet and his company Square integrating cryptocurrency payments.

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A man reads tweets on his phone in front of a displayed Twitter logo. VOA

“Dorsey has been a major investor in the Bitcoin micropayments solution Lightning Network,” said the report.

Dorsey will move to Africa for three-six months this year to “define the future”.

“Sad to be leaving the continent for now. Africa will define the future (especially the bitcoin one!). Not sure where yet, but I’ll be living here for 3-6 months mid-2020. Grateful I was able to experience a small part,” said the Twitter CEO.

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Dorsey has also hired Bitcoin developers for his payments company.

He is an advocate of digital currency bitcoin but he also says it is “not functional as a currency”. (IANS)