Thursday, October 6

Bitcoin Is The New Gold For Millennials, Says Wharton Finance Professor By CoinTelegraph

© Reuters. Bitcoin is the new gold for millennials, says Wharton finance professor

(), the world’s most valued cryptocurrency, has replaced it as a hedge against inflation for young investors, according to a Wharton finance professor.

Gold’s performance was “disappointing” in 2021, Wharton School finance professor Jeremy Siegel said in a CNBC Squawk Box interview on Friday.

  • More billionaires turn to cryptocurrencies amid fears of fiat money inflation

On the other hand, BTC has increasingly emerged as an inflation hedge among younger investors, Siegel argued:

Read the full article on Cointelegraph

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