{"id":43846,"date":"2021-06-07T10:28:18","date_gmt":"2021-06-07T07:28:18","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=43846"},"modified":"2025-08-31T14:15:41","modified_gmt":"2025-08-31T11:15:41","slug":"one-in-five-australians-believes-bitcoin-investments-are-more-attractive-than-traditional-savings","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/one-in-five-australians-believes-bitcoin-investments-are-more-attractive-than-traditional-savings\/","title":{"rendered":"One in five Australians believes Bitcoin investments are more attractive than traditional savings"},"content":{"rendered":"<p>One in five Australians believes that investing in cryptocurrencies will bring them closer to buying a home than traditional savings. The findings come from a Kraken study, reported by <a href=\"https:\/\/cointelegraph.com\/news\/two-fifths-of-aussie-millennials-think-crypto-investments-beat-real-estate\">Cointelegraph<\/a>.<\/p>\n<p>Nearly a quarter of respondents expressed concern about the erosion of value of money in traditional savings products.<\/p>\n<p>Among Australians aged 25\u201340, 40% see crypto assets as a sensible alternative to buying property. In the 40\u201360 group, 31% share that view. Among the younger demographic, this share stands at 24%.<\/p>\n<p>The volatility of digital assets has become a barrier to investment for nearly half of the <a href=\"https:\/\/ru.wikipedia.org\/wiki\/%D0%9F%D0%BE%D0%BA%D0%BE%D0%BB%D0%B5%D0%BD%D0%B8%D0%B5_%D0%B1%D0%B5%D0%B1%D0%B8-%D0%B1%D1%83%D0%BC%D0%B5%D1%80%D0%BE%D0%B2\">\u043f\u043e\u043a\u043e\u043b\u0435\u043d\u0438\u044f \u0431\u044d\u0431\u0438-\u0431\u0443\u043c\u0435\u0440\u043e\u0432<\/a>.<\/p>\n<p>One in five respondents had purchased cryptocurrencies, and one in seven remains a holder of digital assets. Of the latter group, 85% plan to increase their investments.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cIn Australia, home ownership is part of the cultural code of the population. Because its accessibility remains a problem, more young people are considering alternative ways to increase wealth,\u201d said Jonathan Miller, managing director of Kraken Australia.<\/em><\/p>\n<\/blockquote>\n<p>The firm sees signs that the share of savers who diversify their holdings through cryptocurrencies will rise.<\/p>\n<p>As noted in a 2020 Independent Reserve survey, <a href=\"https:\/\/u1f987.com\/en\/news\/poll-nearly-one-in-five-australians-own-cryptocurrencies\">more than 90% of Australians<\/a> had heard of at least one digital asset, and around 20% of residents had invested in cryptocurrencies.<\/p>\n<p>In November 2020, former Australian politician Cory Bernardi described Bitcoin <a href=\"https:\/\/u1f987.com\/en\/news\/australian-ex-senator-calls-bitcoin-gold-for-millennials\">\u201cgold for millennials\u201d<\/a>.<\/p>\n<p>Follow ForkLog news on <a href=\"https:\/\/www.facebook.com\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">Facebook<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>One in five Australians believes that investing in cryptocurrencies will bring them closer to buying a home than traditional savings. The findings come from a Kraken study, reported by Cointelegraph.<\/p>\n","protected":false},"author":1,"featured_media":43847,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[108,18,1269,193,167],"class_list":["post-43846","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-australia","tag-bitcoin","tag-cryptocurrencies","tag-kraken","tag-research"],"aioseo_notices":[],"amp_enabled":true,"views":"9","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/43846","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=43846"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/43846\/revisions"}],"predecessor-version":[{"id":43848,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/43846\/revisions\/43848"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/43847"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=43846"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=43846"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=43846"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}