JP Morgan telling us what we already know

in hive-148441 •  4 years ago 

JP Morgan says older investors prefer gold while younger investors prefer bitcoin

I think we knew this long before JP Morgan did, but kudos to them for finally figuring it out.

They put out a piece recently saying that older investors prefer gold as a store of value while younger investors prefer bitcoin as a store of value.

Sees:

(Source: https://twitter.com/danheld/status/1291062030187683841/photo/1)

Here's the way I look at it.

My grandparents will own gold but never bitcoin.

My parents will own gold and bitcoin.

My kids will own bitcoin but never gold.

Within 3 generations gold ownership will be all but extinct.

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Wow! Crypto is the future of investments.

Why do you say that?

It seems to me that a time might come when crypto is accepted to make almost all financial transactions.

That is the dream of many here.

It sure is, as it's mine too.

Hopefully it goes up soon.

It seems it's all good now