“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/
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
The New Trend in Gold
Is a college degree worth the cost? You decide.
Apple, GE, and others could soon sell their products in Iran
America's Secret War in North Africa Behind Benghazi Attack
Walking in Broad Daylight is “Suspicious” Behavior
6-meter tall KamerMaker to 3D print Amsterdam house by year's end
Japan now reconsidering sales-tax hike
We Have Come Not To Bury the Fourth Amendment But To Praise It
Wikirating sponsors first Bitcoin ATM in Switzerland
Malaysian Central Bank Has No Plans To Regulate Bitcoin
The Building Backlash of America’s Economically Forgotten
Economist: Obamacare Will Cost 4 Million Jobs
Liberals embrace gun ownership now that Trump is President
Dotcom: Surveillance and Copyright Extremism Will Cost United States Dearly
Police Chief as Judge, Jury, and Executioner