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October 26, 2020
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Why Is Bitcoin Popular With Millennials?
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JP Morgan is talking much more positively about Bitcoin now. For years it was skeptical, even calling it a fraud in 2017. Now it says bitcion's value could triple.
One reason it mentioned more than once in a recent statement is Bitcoin's popularity with Millennials. It says older investors prefer gold, while the younger prefer Bitcoin as an ‘alternative’ currency.”Fergus Hodgson is an author at Gold Newsletter and also Director at Econ Americas - Wealth Management & Economic Intelligence. I asked him why Bitcoin is popular with young people.
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