“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:
Bill Bonner: His New Book, 'Hormegeddon' and Other Insights
NSA slides: Steve Jobs Is 'Big Brother' And Smartphone Users Are 'Zombies'
Dubious 'bankster' behind Russia’s bid to trademark Bitcoin
Bloomberg News Spying on Goldman Sachs Employees
Feds Expand Definition of "Cash" To Include Stored Value Cards
'Biometric Classroom' Monitors Students' Eye Movements And Conversations
Dad and Daughter Hauled Off United Flight, Assumed Sex Trafficker
America’s Roads Have Been Turned Into A Revenue Generating Surveillance Grid
China Central Bank Injects Record Cash Into Money Market
U.S. Bill Seeks Steel Cents, Nickels, Dimes, and Quarters
Privacy Localism Grows as Communities Take Steps to Limit Surveillance State
Cops Being Trained That Cell Phones Could Be Guns
Officer Caught On Tape Taking $2,650 During Untaxed Cigarette Raid
10 Things that Cause Tax Audits of US Expatriates
White House To Ignore Court Ruling, Keep Issuing Obamacare Subsidies