Wharton Professor: Bitcoin Is The New Gold For Millennials

Wharton Professor: Bitcoin Is The New Gold For Millennials

Jeremy Siegel said in an interview that Bitcoin is acting as a better inflation hedge than gold.Bitcoin is providing better protection from inflation than gold, a Wharton finance professor said.Jeremy Siegel added that Bitcoin has replaced gold in the minds of younger investors.The peer-to-peer money outperformed gold by a large margin last year, rising by almost 60% while the metal lost 5% of its value.Bitcoin is acting as a better inflation hedge than gold and has replaced the metal in the minds of younger investors, a senior Wharton professor said in a Friday interview with CNBC.“Let’s....


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