
“Kanishka Sukumar, a 24-year-old consultant in midtown Manhattan, holds about a third of his wealth in bitcoin. He represents a new generation of ‘gold bugs’ who question the stability of paper currency or seek better ways to protect savings, according to The Wall Street Journal. One in five bitcoin users hold the cryptocurrency since they don’t want the government or banks controlling their money, according to a survey of 3,500 bitcoin users. That was the second biggest reason the survey respondents hold bitcoin. The main reason, according to the survey from data provider CoinDesk, was to own bitcoin as an investment.”
https://www.cryptocoinsnews.com/bitcoin-gains-favor-modern-day-gold-bugs-seeking-financial-security/
Related posts:
‘Tracked everywhere you go’: Snowden Xmas message on govt spying
Nigel Farage: We Are Now Entering The Terrifying End Game
Nhial Majok from BitPesa at the Singapore Bitcoin Conference 2013
Amendments To Block Unauthorized U.S. Military Involvement In Syria And Egypt Introduced
Missouri man facing charges for using fake penis to pass drug test
LBMA, IGE urged to end Iran-Turkey Gold trade
ProPublica: Govt Now Runs the US Mortgage Marketplace
'Syrian rebels plan chem attack on Israel from Assad-controlled territories'
Canada: Privacy Commissioner Blasts License Plate Readers
20 Signs That The Next Great Economic Depression Has Already Started In Europe
Truant in America
Local Perceptions and Bitcoin’s Future in Singapore
Seymour M. Hersh on US intelligence sharing in the Syrian war
Washington, D.C.'s First Medical Marijuana Dispensary Opens Blocks From Capitol
Hong Kong Bitcoin miners pour datacentre in a FISH TANK