Post
Topic
Board Bitcoin Discussion
Re: Millennials Increasingly Prefer Bitcoin to Gold or Real Estate
by
ryap12
on 01/10/2020, 12:59:42 UTC
In my view real estate remains a fundamentally good investment choice. I mean we will always need a place to rest our body. You can't say the same about bitcoin or gold.
I am least likely to invest in Gold from the three assets talked about in this thread. Its usecases are rather small and it is a precious metal that could be soon produced in laboratories or found in the outer space. I'm not willing to place a significant amount of my net worth in a metal just because it has proven itself to be a reliable hedge.

Ha! Totally agree with you ChrisPop. There will be a time that we get to discover gold from outer space. I even think now that there are people who may have secretly getting gold from outer space and selling it to the world or they may have gotten a huge deposit of gold within the earth's underground. Unlike having Bitcoin, everything is there on the e-ledger and that the price of Bitcoin will definitely continue to grow compared to gold where it seems to grow very slowly. Real estate is also great but there might be a time we all will leave earth or what if there is war? What will happen to having those fancy homes and assets if they can be destroyed by nukes and blasts. Millennials picking Bitcoin I think is that they are on the right track.