14% of Americans Own Crypto. Only 12% Own Gold.

Written by FrederikBussler | Published 2020/01/01
Tech Story Tags: blockchain | cryptocurrency | gold | own-cryptocurrency | own-gold | how-many-americans-own-crypto | how-many-americans-own-gold | finance | web-monetization

TLDR 14% of Americans own crypto in 2019, while just 12% own gold. Gold investors have long touted gold as the best long-term investment and hedge against market volatility. Bitcoin has only been tradeable on exchanges since 2010, while gold coins were traded literally thousands of years ago, such as in 560 BC in the Greek state of Lydia. Even though crypto investments already outpace gold by the percentage of American investors, what's even more damning is that Bitcoin has had less than 10 years to grow its adoption.via the TL;DR App

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Written by FrederikBussler | Published author and writer.
Published by HackerNoon on 2020/01/01