The Founder of Digital Assets Data has stated that Bitcoin has the potential to replace physical gold as the world’s most preferred store of value in the long term. The same firm believes that young people have less interest in buying gold, and they prefer to buy Bitcoin due to the fact that everybody likes the convenience of doing everything online.
Bitcoin has always been more popular in the eyes of young people when it comes to alternative stores of value. While physical gold is still preferred by many traditional investors, the fact that everybody likes to go online has helped Bitcoin’s popularity to grow. Not to mention that nowadays we live in the era of COVID-19 where many people are forced to stay home (even when they are not, governments all over the world often recommend everybody to work from home whenever they can).
