What does Boomer mean in crypto

In crypto, "Boomer" is often used to refer to individuals, typically older, who are skeptical or dismissive of cryptocurrencies and blockchain technology, reflecting a generational gap in understanding and adoption.

In the crypto and web3 space, the term “Boomer” is often used in a playful or slightly derogatory manner, similar to how it’s used in broader internet culture. It’s typically applied to individuals who are perceived as being out of touch with the latest trends or who express skepticism or resistance towards new technologies, particularly cryptocurrencies and blockchain.

The origin of the term “Boomer” in this context is derived from the demographic cohort known as “Baby Boomers,” which refers to people born between 1946 and 1964. In the context of internet slang, calling someone a “Boomer” is shorthand for suggesting they are old-fashioned or not keeping up with modern ideas.

In the crypto community, “Boomer” might be used when someone expresses doubts about the value of cryptocurrencies, dismisses the potential of blockchain technology, or simply doesn’t understand the latest memecoins or NFT trends. It’s often used jokingly among younger crypto enthusiasts to poke fun at the generational gap in understanding and acceptance of digital currencies and decentralized systems.

It’s important to note that while the term can be lighthearted, it can also come across as disrespectful or dismissive, especially when used without consideration of the person’s actual age or knowledge. As with any slang term, its appropriateness depends on the context and the relationship between the people involved in the conversation.