Gold disappointed investors in 2021 as a traditional hedge against inflation, seeing its worst year since 2015. Bitcoin (BTC), the world’s most-valued cryptocurrency, has replaced gold as an inflation hedge for young investors, according to Wharton’s finance professor. Gold’s performance was “disappointing” in 2021, Wharton School finance professor Jeremy Siegel said in a CNBC Squawk…
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During the last few years, prepaid cards that offer cryptocurrency rewards have grown popular and a number of digital asset payment cards offer these types of rewards. This means instead of accruing frequent flyer miles or points, consumers get rewarded in crypto assets every time they make a purchase with the card. A recent study…
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The entrepreneur says that old-school investors are getting their “ass kicked” by the “Store of Value Generation.” Entrepreneur and Dallas Mavericks owner Mark Cuban has weighed in on the recent clash between Wall Street and the r/Wallstreetbets Reddit community. In a Jan. 31 blog post, Cuban suggested that the old-school investment community is currently taking…
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A BlockShow panel shares insights on the future of crypto adoption from the perspective of Millennials. Millennials, a generation beleaguered by student debt, low pay and a lack of savings, can rewrite their financial narratives using Bitcoin (BTC) and cryptocurrency according to a panel discussion at this year’s BlockShow summit in Singapore. That was the…
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Former Australian politician Cory Bernardi sees the demand for Bitcoin “getting stronger.” Cory Bernardi — a controversial figure the Sydney Morning Herald has referred to ‘Australia’s Donald Trump’ — has talked up Bitcoin in between Tweets challenging the results of the U.S. presidential election. In a Nov. 11 Tweet, Bernardi stated he had become a…
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Data from Charles Schwab makes it clear that Bitcoin is considered one of the most viable investment opportunities by the younger generation. Millennials prefer to hold Bitcoin (BTC) equity than invest in some of the world’s best-known companies, surprising new data reveals. In a report originally released in November, Charles Schwab, one of the United…
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