How a Generational Paradigm Shift Will Confirm Bitcoin Safe Haven Status
Demographics could play a factor in Bitcoin's adoption as a safe haven.
It is obvious that there is a divide when it comes to the leading cryptocurrency. Those born before the Internet was a regular part of our lives have little good to say about Bitcoin. To them, traditional investments like gold, stocks, and real estate are the preference. People who fall into this category are Roubini, Buffett, and Schiff.
Those who came of age during the Internet have a different view. The big deal here is the fact that, by the end of the next decade, the first wave of millennials will have the greatest disposable income, outpacing the Booomers and Gen X.
To them, Bitcoin as a safe haven makes perfect sense. This could really put a crimp in gold as an asset.
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