| Kraken Intelligence

How ‘The Great Wealth Transfer’ Could Give Bitcoin a $1 Trillion Boost

 

The coming decades will see the most significant wealth transfer in history, as ‘Generation X’ and ‘Millennials’ in the U.S. alone inherit almost $70 trillion from the ‘Baby Boom’ generation.

This development is expected to drive a major shift in investment trends, and Bitcoin stands to capture its share of investment as wealth passes to generations whose preferences, experiences and expectations align more with its fundamental characteristics.

To help you understand what this generational shift might mean for the price of Bitcoin, Kraken Intelligence has released a new report, entitled “Inheriting USDs & Acquiring BTCs: How ‘The Great Wealth Transfer’ Will Fuel ‘The Great Bitcoin Adoption.’”

Over 16 pages, we succinctly analyze the possibilities ahead, developing a quantitative estimate of how much money could flow to Bitcoin and what the effects on its valuation could be.

The report covers everything you need to know about the potential impact, including:

  • Analysis of wealth transfers in technology transitions – We examine technology lifecycles using historical examples from the landline phone to the tablet to illustrate how rapid growth in innovation compares to wealth management and inheritance trends.
  • Cultural profiles of Generation X and the Millennials – Get insight into how the consumer preferences of these generations fits with the ethos of the Bitcoin community. You’ll learn how attitudes about Bitcoin vary as a function of age, including current Bitcoin ownership, propensity to buy Bitcoin in the next 5 years and belief that Bitcoin is a positive innovation.
  • Estimates on the Bitcoin price impact – See how the wealth is projected to transfer over time. Although we don’t expect $971 billion to be invested until 2044, about 70% ($680 billion) could transfer by 2030. The report includes tables showing how more aggressive or conservative assumptions affect the estimated price.

For more insights into the wealth transfer, read our full report below or bookmark the Kraken Intelligence page on our blog.