- Boomers become the fastest growing demographic of Bitcoin investors in Australia.
- This shows the increasing adoption of Bitcoin across the world.
- With greater adoption, the rpice of BTC is also expected to grow significantly.
Bitcoin has had a lot to celebrate over the last couple of months, the latest being the consecutive ATHs set in the $111,000 price range. Besides this Bitcoin has had plenty of other reasons to celebrate, and most of these reasons have to do with its success due to increased global adoption. To highlight, Boomers become the fastest growing demographic of Bitcoin investors in Australia.
Boomers Become the Fastest Growing Demographic of Bitcoin Investors in Australia
Recently, Bitcoin beat both the total market caps of Google and Amazon, placing it at rank 5 among the largest assets in the world. In fact, Bitcoin’s market cap has grown so much that it even beat the Taiwan Dollar’s market cap. These are undeniable signs that the adoption of Bitcoin (BTC) has grown exponentially over this ongoing bull cycle. Indeed, this is exciting news for Bitcoin (BTC), as the greater the adoption, the greater the price of Bitcoin will surge.
As for who is adopting Bitcoin (BTC) so profusely, that both its price and market cap values are increasing? The main answer to that is, financial institutions and corporations are heavily buying Bitcoin (BTC). This is either to boost their value, securing their future power, or to provide ETFs for the greater masses, which again just furthers Bitcoin’s reach, and increases Bitcoin adoption across the world.
Joining the queue now are Boomers, the fastest growing demographic of Bitcoin investors in Australia. As we can see from the post above, the video reveals that the data came from a survey over 2,000 Australians revealing that a third of the survey hold Bitcoin (BTC), with Baby Boomers being the fastest growing demographic. The video then highlights two retirees who have begun to invest in Bitcoin in Australia.
Bitcoin Changes Lives Down Under
These Boomers have already made big gains from buying and holding Bitcoin. The post goes on to share more of their Bitcoin investing journey so far. As the video carries on, the Boomers confirm that investing in Bitcoin has made a huge impact on their lives and one of their biggest joys was using the gains they made from Bitcoin (BTC) to provide for their children and grandchildren with ease even after their retirement.
The pair also reveals that for the longest time, they always kept their crypto investments under wraps, as the few times they did share this information, they were reciprocated with looks of skepticism and outright ridicule. The video then highlights Sydel Sierra , a crypto educator who shares that a third of her clients are Boomers. Most come in with FOMO, and once they see their gains, it is clear that their returns are much higher than traditional investments. The video ends with the need for proper education and steps to make smart decisions and not fall for scams.
