Nga The Daily Hodl - 2 vjet më parë - Koha e leximit: 2 minuta
Macro Guru Raoul Pal Says Millennials Migrating to Bitcoin From Gold and Traditional Finance – Here’s Why
Macro guru Raoul Pal is saying that millennial investors are opting to invest in Bitcoin (BTC) instead of traditional assets like gold.
Në një të re intervistë with Parallax Digital CEO Robert Breedlove, Pal says that the traditional answer to currency debasement was gold, but that is no longer the case with a new generation of investors.
“The traditional answer was gold. It hasn’t done great. It’s done okay. It’s done its job, but the problem is, the millennials can’t generate wealth – if gold defends your wealth… [there’s] nothing to defend. So, it becomes incredibly difficult to generate wealth. Bitcoin comes along and changes the equation.”
The Real Vision CEO says that investors will gradually see the value of crypto and migrate to this new asset class.
“It takes a long time for people to see it. This adoption takes a while, but people realize here is a technological construct that has ubiquitous global scarcity and, therefore, if we all perceive it to have value, then it shall be so. So, the migration begins and I think of it as a migration to this parallel financial system that’s being built in front of your eyes.”
He adds that the same thing happens with decentralized finance (DeFi) – many do not yet fully understand the concept, but the space is bound to grow.
“The rise of DeFi was the other huge thing that happened. People haven’t got their heads around what this means yet, but it is gigantic because, basically, people don’t trust financial intermediaries any longer.”
Pal clarifies, though, that people’s mistrust of financial intermediaries is not these institutions’ fault.
“They want to blame somebody, so [they] blame the banks. It wasn’t the banks’ fault. They just did the rational thing.”
La rezultat of the CNBC Millionaire Survey released in June shows that nearly half of millennials with at least $1 million in investable assets allocate at least a quarter of their wealth in crypto. In contrast, only 10% of older millionaires have more than a tenth of their wealth in digital assets.
I
kontrolloni Veprimi Çmimi
Mos humb një goditje - Regjistrohu për të marrë paralajmërime për postën elektronike të kriptos direkt në kutinë tuaj
Ndiqni ne në Twitter, Facebook Telegram
Shfletoj Daily Hodl Mix
Përgjegjësia: Opinionet e shprehura në The Daily Hodl nuk janë këshilla për investime. Investitorët duhet të bëjnë kujdesin e tyre të duhur para se të bëjnë ndonjë investim me rrezik të lartë në Bitcoin, kriptomonedha ose asetet dixhitale. Ju lutemi këshillohuni që transferimet dhe tregtitë tuaja të jenë në rrezikun tuaj, dhe humbjet që mund të pësoni janë përgjegjësia juaj. Daily Hodl nuk rekomandon blerjen ose shitjen e ndonjë kriptomonedhe ose asetesh dixhitale, as The Daily Hodl nuk është një këshilltar investimesh. Ju lutemi vini re se The Daily Hodl merr pjesë në marketingun e bashkuar.
Imazh i veçuar: Shutterstock/Kit8.net
Postimi Macro Guru Raoul Pal Says Millennials Migrating to Bitcoin From Gold and Traditional Finance – Here’s Why shfaq së pari në Daily Hodl.
Burimi origjinal: Daily Hodl