73% of Youth Prefer Bitcoin for Long-Term Investment Over Gold: Study

A recent survey revealed that investors aged 24 to 45 view Bitcoin as having "exponential growth" potential compared to gold. A survey of 730 Gen Z and Millennial investors by the giant financial consultancy deVere Group showed that 73% of respondents preferred Bitcoin. According to deVere's CEO, Nigel Green, Bitcoin and gold are not competitors but rather "completely different assets" that solve different problems. "Gold is stability. Bitcoin is growth. If you want to build and protect wealth in the long term, you should hold both." This survey aligns with several other studies suggesting a significant shift from traditional investments to the dominance of Bitcoin as a safe-haven asset. For example, the blockchain analytics company CryptoQuant revealed in January that over 60% of cryptocurrency investors aged 25 to 44. "The motivation behind Bitcoin among young investors is undeniable," Green said. "They see it as digital gold – borderless, accessible, and fitting for the future." The enthusiasm for Bitcoin is increasing. Young investors view Bitcoin as "the foundation of a modern investment portfolio," the survey notes. The younger group is attracted to transparency, mobility, and the potential for exponential growth. Respondents also stated that Bitcoin's operation outside of the traditional banking system is a significant advantage. "This generation has the right to question old models. But diversification is endless," Green said. Last week, the CEO of Bitwise Asset Management, Hunter Horsley, posted on X, comparing Bitcoin to US Treasury bonds instead of gold. "I don't think Bitcoin's competitors will be gold," he wrote. "Instead, I think Bitcoin's competitors will be U.S. Treasury bonds and bonds from other governments." Gold and Bitcoin provide balance together. According to Nigel Green, having uncorrelated assets in an investment portfolio is the way to build true resilience. He stated, "Gold and Bitcoin together provide that balance." He also emphasized that Bitcoin is moving towards greater acceptance, especially after the spot ETFs and the widespread acceptance by companies, adding legitimacy and new demand. "We are living in a rare convergence," Green added. "You have conservatives doubling down on gold, and new conservatives rushing into Bitcoin. Both are driven by the same core fear: the erosion of purchasing power. It must be a wake-up call."