A recent global poll by the deVere Group reveals a striking trend among investors aged 24 to 45: 73% prefer Bitcoin over gold as a long-term investment. This survey of 730 clients worldwide highlights a generational shift in investment preferences, even as central banks quietly accumulate gold at historic levels.
Nigel Green, CEO of deVere Group, commented on this evolving landscape, stating, “The momentum behind Bitcoin among younger investors is undeniable. They view it as digital gold—borderless, accessible, and aligned with the future.” However, Green emphasized that gold remains far from obsolete. “In fact, gold is surging, and this is clearly reflected in the silent buying spree by the world’s monetary authorities.”
Data shows that central banks are purchasing approximately 80 metric tonnes of gold monthly, equivalent to around $8.5 billion at current market prices. Much of these transactions are discreet, but trade patterns indicate that China and several unnamed entities, often routing purchases through Switzerland, are major contributors. Alongside sovereign wealth funds, these institutions likely absorb over 1,000 tonnes annually—roughly a quarter of the world’s mined gold supply, according to the World Gold Council.
This institutional demand has fueled a strong bull market for gold. Prices have recently surpassed all-time highs and continue to climb. Earlier this year, Green forecasted that gold could reach $5,000 per ounce by 2025, while Bitcoin might surge to $150,000, setting new records for both assets.
Green underscored that gold and Bitcoin should not be seen as competitors but as complementary investments serving different purposes. “Gold offers stability, while Bitcoin represents growth,” he said. “For long-term wealth building and protection, holding both is advisable.”
He cautioned against an “either-or” mentality, especially amid ongoing macroeconomic uncertainty, changing monetary policies, and geopolitical tensions. “The world’s most powerful institutions increasing their gold reserves is a telling sign. This isn’t a random move,” Green said. “Simultaneously, Bitcoin’s unique scarcity and decentralized nature appeal to a generation wary of traditional financial systems and inflation.”
Younger investors surveyed by deVere highlighted Bitcoin’s transparency, portability, and high growth potential as reasons for their preference. Many also valued Bitcoin’s operation outside conventional banking frameworks.
Still, Green warned investors not to get swept up in hype or ideology. “Questioning old financial models is valid, but diversification remains essential. Combining uncorrelated assets like gold and Bitcoin creates true portfolio resilience.”
While central banks appear set to continue their gold accumulation quietly, Bitcoin is gaining wider acceptance. The introduction of spot ETFs, rising corporate adoption, and evolving regulatory environments are boosting its legitimacy and demand.
“We’re witnessing a rare convergence,” Green added. “The established institutions are doubling down on gold, while a younger generation embraces Bitcoin. Both moves stem from the same concern—the erosion of purchasing power. This should serve as a wake-up call. It’s not about picking sides but positioning wisely in a world where monetary policy, technology, and global influence are rapidly changing.”
