Which do you invest in, bitcoin or gold?

Nate Gerrashi, head of The ETF Store, a US investment adviser, appeared on Bloomberg TV on the 23rd and revealed that the demand for bitcoin investment outweighs gold among young Americans.

Which do you invest in, bitcoin or gold? When Mr. Jerassi asked people from the 1980 to 2000 generations, 90% answered that they were bitcoin.

"I asked a young client about the cryptocurrency. When I asked whether bitcoin or gold would be better, bitcoin won."

There is a growing presence as a "digital gold" that plays the same role as gold in safety assets.

On the 14th, the US major economic program CNBC reported that the virtual currency Bitcoin is functioning as a safety asset while stocks are crashing in the US-China trade war.

Also on the 20th, Barry Sylbert, the founder of the virtual currency investment fund Grayscale, said that Bitcoin would be the winner as digital gold.

I think that it is an imaginable result that young generation chooses bitcoin!

The reason why bitcoin is called digital gold is moving in the US in the direction of being treated as a commodity, not as a security product, but as a commodity category.

This is because, like gold, silver, rice, etc., bitcoins are not of the security nature of a particular entity.

In addition, Bitcoin is very close to Gold, like "digital gold", "gold on the Internet" and so on.

Also, the task of performing transaction validation to gain an incentive to earn new bitcoins is called mining.

The word mining has become popular because it is close to mining gold.

That's why the Bitcoin system is a model of gold.

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