$68 Trillion transfer of wealth may benefit Bitcoin (BTC) & $1 Billion dollars in Bitcoin moved..hmm - 1 minute read
$68 Trillion transfer of wealth may benefit Bitcoin (BTC) & $1 Billion dollars in Bitcoin moved..hmm
Check it out here: Wealth Transfer
Fidelity Digital Assets, the crypto custody arm of financial giant Fidelity Investments, says a massive wealth transfer on the horizon may benefit Bitcoin.
In a new report analyzing Bitcoin’s potential to emerge as a strong store of value akin to gold, Fidelity highlights the enormous amount of money that’s expected to flow from baby boomers to millennials by the year 2030. According to a 2019 study from Coldwell Banker, approximately $68 trillion will be handed down to millennials in one of the greatest wealth transfers in US history.
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