There's a Bitcoin boom among Baby Boomers reports BTC Markets
Crypto asset investing has become more popular with Aussie boomers according to the country’s largest exchange. Australian cryptocurrency exchange BTC Markets has observed a significant uptick in older clients using its platform over the past financial year.More older Australians are viewing crypto assets as viable investments according to the data provided by one of the country’s oldest and largest exchanges. In its annual Investor Report, BTC Markets — which started in 2013 — reported a 15% increase in the number of investors over 65. Thed they are also the group making the largest....
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I am part of the generation often called the Baby Boomers. We are heading into our retirement years now in large numbers. Baby Boomers for the most part are not familiar with concepts like Bitcoin and cryptocurrencies. They have heard these terms, but it all sounds kind of "crypto" to them. While there are exceptions for sure, the new technologies driving Bitcoin and other new proposed currencies are more appealing to younger generations. They were raised in the smartphone era, so using a Bitcoin seems more natural to them. It is clear that the movement towards Bitcoin and other digital....
Galaxy Digital CEO Mike Novogratz has predicted that as much as a trillion dollars could flow into bitcoin over the next year as wealthy baby boomers get into cryptocurrency. With the example of Morgan Stanley, he says that more banks will start offering bitcoin exposure to their customers. $1 Trillion Could Flow Into Bitcoin Michael Novogratz, a longtime bitcoin bull and founder of Galaxy Digital, talked about the future outlook for bitcoin last week in an interview at Reuters Digital Assets Week. He explained that as cryptocurrencies become more mainstream, wealthy baby boomers will be....
Apparently the financial voice for baby boomers (those born post World War II), Neale Godfrey has a poke at describing fiat and bitcoin, and differences via a Forbes article. Neale starts with the explanation that the fiat she is referring to is not the model of car. And to be fair, most people in this generation and the last do not have an understanding of what fiat in the monetary sense is. Fiat is commonly referred to as paper money, centrally controlled and inflatable to infinity. Usually created by a government and defined as the countries legal tender and the means to pay one's....
Baby Doge was amongst the countless dog projects to claim the limelight with Doge. The meme coin that was built to help dogs has definitely seen better days. Price of Baby Doge had surged after Elon Musk had tweeted about the project. A tweet that was an ode to the beloved children’s song Baby Shark. […]
The percentage was marginally higher than those who said they would rather use savings and stocks to meet the same ends. According to a recent survey published by Investopedia, 28% of the U.S. millennials polled said they expect to use cryptocurrency to support themselves in retirement — a figure that was higher than those who said they would use savings (25%) and stock investments (27%) to fund their retirement. Meanwhile, 20% of Gen X and 17% of Gen Z respondents said the same. The survey, conducted in the spirit of Financial Literacy Month, was administered to 4,000 U.S. adults ages 18....