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RE: Gold's Demographic Problem

in LeoFinance5 years ago

I see where you're going with this. Obviously, a lot of customer or customers affect the long term aspect of any product, so if their presence or consistency contribution which in this case has to do with them being readily available and invested, it posses a challenge for the commodity's life span...

The younger generation is much more bitcoin friendly than gold, truth is, few of them actually give attention to gold's existence as an asset class.


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The younger generation is much more bitcoin friendly than gold, truth is, few of them actually give attention to gold's existence as an asset class.

That is true and not unheard of. The younger generation has no concept of cash. Hell many of them do not grasp credit cards.

So they are accustomed to having different options than previous generations. The Boomers went years with cash before credit cards became the norm.

So it is a major generational thing.

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