I'll leave it up to the finance people to come up with interesting instruments to take advantage of these kids. Maybe their bank accounts will just become money market accounts that are tied to leveraged ETFs.

I think abstracting away their real life money into a crypto that is worth 1/10th of the dollar is a good way to go. Make that crypto the exclusive currency for their habits (games, social media) so they have no choice but to convert to it. Easy way to part them from their real earnings that way.

There's easy money here if you are ruthless. If you print your own crypto for their habits, you can effectively act like the US Fed. Just inflate away the value of their coins every time. It's a no brainer.

Getting kids addicted to gambling with virtual currencies might shape the structure of the scams, but the idea that Gen Z is going to be uniquely vulnerable to finance scams doesn't track for me.

I legitimately can't tell if this comment is meant to be ironic or not.

Dude, you have no idea how particularly fucked (fucked being different than fucked up) gen z is. They are impressionable like all people of that age of any generation, but they are inundated with all kinds of nonsense they are not hip to. They are suffering the fate Frontend developers suffer, which is the landscape changes every 6 months. They are getting bombarded with FOMO, peer pressure, and a rate of change that simply can't end well.

Just on the video game front, developers charge them $70 per year for a new game that has no real updates (NBA 2k series, Modern Warfare, Battle/Season passes). They are absolutely getting fucked with, I genuinely feel bad for them.