Advertisement
AD

Main navigation

Americans Choose Gold Over Bitcoin for the Next 10 Years: Survey

Advertisement
Wed, 23/06/2021 - 15:08
Americans Choose Gold Over Bitcoin for the Next 10 Years: Survey
Cover image via stock.adobe.com
Read U.TODAY on
Google News

More Americans are willing to invest in gold compared to Bitcoin over the next ten years (13 percent and 9 percent, respectively), according to a recent survey conducted by New York-based consumer financial services company Bankrate.

Stocks, cash, certificates of deposit (CD) are also more popular than crypto with U.S. investors.

Advertisement

Real estate has topped the list, with 28 percent of respondents saying that they are willing to put their money into it. 

161
Image by bankrate.com

The majority of the survey participants (61 percent) are either “not too comfortable” or “not comfortable at all" with crypto.

Unsurprisingly, most millennials, who are aged between 25 and 37 years, have the opposite attitude to crypto. Meanwhile, baby boomers are overwhelmingly bearish: only 16 percent of them are okay with crypto.

Related
Major League Baseball Inks Partnership with Crypto Exchange FTX

Inflation talks falling on deaf ears 

Another notable takeaway from the Bankrate survey is that 58 percent of all the surveyed Americans claim that inflation won’t influence their investment choice.

This, of course, flies in the face of the “inflation hedge” narrative that is being routinely pushed by both gold and Bitcoin supporters.

Only 20 percent of the survey participants are willing to invest more aggressively if inflation spikes. 

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles