"The two cohorts show divergence in their preference for 'alternative' currencies," a team of analysts led by Nikolaos Panigirtzoglou wrote. "The older cohorts prefer gold while the younger cohorts prefer bitcoin."
Millennials also have a particular fancy for stocks, especially ones in technology, but the older investors are selling equities, the team wrote in a note dated August 4. "The older cohorts continued to deploy their excess liquidity into bond funds, the buying of which remained strong during both June and July," they wrote.MORGAN STANLEY: The government's recession response has the stock market heading for a massive upheaval. Here's your best strategy to capitalize on the shift.
Bitcoin is future. Altcoins.. emmm I'm not too sure 😂
barrysilbert xrpthestandard
barrysilbert 👍 So mid-long term bitcoin will win, as the next generation drives this trend. Besides bitcoin is at ~60% of ATH (Ethereum at ~30%) , while gold is already at ATH, so I think bitcoin / Ethereum will be short term winners too as they offer more upside potential.
barrysilbert imagine when generation z begins to have purchasing power. Those young people are completely digital.
I have a small amount of both. Just to be sure 😅
barrysilbert Guess I'm bipolar
So, whats the future of gold then? Fyggex
barrysilbert ... wait till they get a taste of DeFi and staking on Ethereum
barrysilbert Everyone is flooding into Bitcoin
barrysilbert I’m older and flooding into Bitcoin .... could also be the age related incontinence too 😀
barrysilbert LMFaO DUMP THE CHIBESE PONZI. EaSY SHORT DUMP IT
You can run but you can't hide ⌛
DermoSNR - stick to your gold mate! :0)
Bitcoin is the future fyggex
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