
“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:
Bitcoin Declared 'Lawful Money’ in California Assembly
The End of Medical Freedom in America - A Doctor's Lament
Ecuadorean Tribal Leaders Fight Government, Gold-Hungry Chinese
Bernanke Textbook Royalties
Will the Internet Complicate the Evolution of the Marijuana Industry?
Over 50% Of Electric Cars Sold In US Are In 5 Cities
Microsoft allows Bitcoin trading app on Windows Phone 8
Western Union now prohibits sending money to the USA from Argentina. Bitcoin may be the only way out...
National Results For Marijuana Legalization
Utah Woman Killed Allegedly “Assassination Style” By Now Disbanding Special Narcotics Unit
Detroit’s City Pensioners Are Wiped Out.
Victory Against Patriot Act; URGENT action still needed
CoinSeed Invests $5 Million in BitFury Bitcoin Mining Hardware
Indiana education commissioner made sure GOP donor’s charter school got top marks
The Technological Evolution of Nonlethal Weaponry