How ‘The Great Wealth Transfer’ Could Give Bitcoin a $1 Trillion Boost

KrakenIssued on 2020/03/25 21:20    Content based on the original text . Link

 

The coming decades will see the most significant wealth transfer in history, as ‘Generation X’ and ‘Millennials’ in the U.S. alone inherit almost $70 trillion from the ‘Baby Boom’ generation.

This development is expected to drive a major shift in investment trends, and Bitcoin stands to capture its share of investment as wealth passes to generations whose preferences, experiences and expectations align more with its fundamental characteristics.

To help you understand what this generational shift might mean for the price of Bitcoin, Kraken Intelligence has released a new report, entitled “Inheriting USDs & Acquiring BTCs: How ‘The Great Wealth Transfer’ Will Fuel ‘The Great Bitcoin Adoption.’”

Over 16 pages, we succinctly analyze the possibilities ahead, developing a quantitative estimate of how much money could flow to Bitcoin and what the effects on its valuation could be.

The report covers everything you need to know about the potential impact, including:

For more insights into the wealth transfer, read our full report below or bookmark the Kraken Intelligence page on our blog.