Americans Push for Bitcoin Over Gold as Inflation Hedge Gains Momentum

- 80% of Americans Advocate for Government to Sell Gold and Buy Bitcoin - Harris Poll Reveals 76% Positive Evaluation from Cryptocurrency Holders [Unblock Media] May 20, 2025 – Recent discussions in the cryptocurrency community have been reignited with a survey result circulating that claims "80% of Americans are in favor of the government selling gold and buying Bitcoin." However, the official source of this statistic is unclear as it was notably circulated through a specific Twitter account. Nevertheless, a legitimate survey conducted by Harris Poll at the end of 2024 indicated that 21% of American adults own cryptocurrencies, and among them, 76% rate their digital asset experience positively. Market analysts suggest that this shift in sentiment is influencing investment trends. As of the first half of 2025, gold prices have decreased by approximately 8% to $3,500 per ounce, while Bitcoin has surged over 20%, surpassing $105,000. JPMorgan noted that "funds are moving from gold ETFs (Exchange-Traded Funds) into digital asset funds," and Bloomberg reported on the changing hedge asset compositions of institutional investors. Bitcoin's price trajectory supports this sentiment. Starting at around $42,300 at the beginning of 2024, Bitcoin has risen roughly 60% to $67,683. In the same period, gold increased by approximately 33% to $2,758. Experts suggest that "Bitcoin is recording higher returns compared to gold and is solidifying its position as a hedge against inflation." Additionally, there is growing interest in Bitcoin's core values of decentralization and liquidity. Liquidity, in particular, refers to how easily an asset can be converted into cash without losing value. High-liquidity assets like cash or deposits can be easily converted, whereas assets like real estate are less liquid. Experts highlight that "Bitcoin is a highly liquid asset that can be traded globally 24/7," differentiating it from traditional assets. Ultimately, the changing perception of Bitcoin is transcending mere investment trends and leading to a reconfiguration of global asset portfolios. While it remains uncertain how this shift in American public opinion will affect actual policy, the market is already reinforcing the "digital gold" narrative.