We believe crypto is at a crossroads today… It can remain a currency – something you spend or trade for a quick gain – or it can become a store of value – an asset that accumulates wealth and can be passed down to your heirs…
This is a complex concept. But it can be summed up in one simple idea: Would you prefer to store your wealth in something that loses purchasing power… or gains purchasing power?
With bitcoin trading around $119,800 today and Ethereum (ETH) trading for more than $4,400, I’m not the only investor looking for ways to treat tokens and coins more like assets that you can build generational wealth with than currencies to spend.
This shift in mindset is gaining momentum.
This post originally appeared at DailyWealth.