The post Millennials love bitcoin and now the baby boomers are joining in too appeared on BitcoinEthereumNews.com.

Your support helps us to tell the story From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it’s investigating the financials of Elon Musk’s pro-Trump PAC or producing our latest documentary, ‘The A Word’, which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging. At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story. The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it. Your support makes all the difference. Read more OK boomer,” the snarky bitcoin devotee tweeted at me, having read my last critical piece concerning what’s increasingly known as the “digital gold” in investment markets. For the record, I’m not a baby boomer – I’m Generation X. But it scarcely matters. What does matter is that the ranks of those comfortable with the virtual currency are growing. Millennials are leading the charge. DeVere, a financial adviser, found that more than two-thirds (67 per cent) of the more than 700 millennial clients it surveyed said that they preferred bitcoin to gold as a safe-haven asset. They are increasingly dragging the Gen Xers and boomers who dominate the world government of money with them. Bitcoin is “here to stay”, said Rick Reider, BlackRock’s chief investment officer of fixed income, in an interview with CNBC last month. BlackRock is the world’s biggest fund…

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Filed under: News - @ March 4, 2025 11:21 am