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05 December 2020

Millionaires FOMO: 73% Will Own Bitcoin by 2022, Survey | News Bitcoin News

Millionaires FOMO: 73% Will Own Bitcoin by 2022, Survey | News Bitcoin News


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Millionaires FOMO: 73% Will Own Bitcoin by 2022, Survey.

A new global poll by Devere Group shows that 73% of millionaires will invest in cryptocurrencies, such as bitcoin, ethereum and XRP, before the end of 2022 or are already investing in them.

Green explained that he has no doubt the high net worth clients polled “have seen that a major driver of the price surge is the growing interest being expressed by institutional investors,” including some of the largest Wall Street banks, “who are capitalizing on the high returns that the digital asset class is currently offering.” The Devere CEO further added that Paypal is now offering a cryptocurrency service, allowing customers to buy, sell, and hold bitcoin.

Firstly, he said, “they’re borderless, making them perfectly suited to an ever globalized world of commerce, trade, and people.” Secondly, “they are digital, making them perfectly suited for the increasing digitalization of our world.” He additionally noted that “younger people are more likely to embrace them than older generations.” The Devere CEO concluded:.

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