JP Morgan telling us what we already know
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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