{"id":4046,"date":"2026-06-19T09:02:14","date_gmt":"2026-06-19T07:02:14","guid":{"rendered":"https:\/\/bitcoin-bundesverband.de\/bitcoin-instead-of-a-savings-account\/"},"modified":"2026-06-19T09:05:45","modified_gmt":"2026-06-19T07:05:45","slug":"bitcoin-instead-of-a-savings-account","status":"publish","type":"post","link":"https:\/\/bitcoin-bundesverband.de\/en\/bitcoin-instead-of-a-savings-account\/","title":{"rendered":"Bitcoin Instead of a Savings Account?"},"content":{"rendered":"<div class=\"wpb-content-wrapper\">[vc_row][vc_column][vc_empty_space][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text css=&#8221;.vc_custom_1781852140257{margin-top: -50px !important;padding-top: 30px !important;padding-bottom: 30px !important;background-color: #F7931A !important;}&#8221;]\n<h1 style=\"text-align: center;\"><span style=\"color: #ffffff;\"><strong>Bitcoin Instead of a Savings Account?  <\/strong><\/span><\/h1>\n[\/vc_column_text][vc_column_text css=&#8221;.vc_custom_1781852667712{margin-top: -50px !important;padding-top: 30px !important;padding-bottom: 30px !important;background-color: #F7931A !important;}&#8221;]\n<h2 style=\"text-align: center;\"><span style=\"color: #ffffff;\">How Germany&#8217;s Younger Generation Is Changing the Investment Culture<\/span><\/h2>\n[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text css=&#8221;&#8221;]\n<p class=\"isSelectedEnd\">For a long time, Germany was considered a nation of savers. For decades, checking accounts, money market accounts, and savings accounts were the preferred ways to build wealth and achieve financial security. <\/p>\n<p class=\"isSelectedEnd\">But a look at the younger generation shows that German investment culture is changing.<\/p>\n<p class=\"isSelectedEnd\">A recent study by the brokerage firm eToro has reached a remarkable conclusion: More than half of German Gen Z investors already hold cryptocurrencies. This means that digital assets are even more widespread among this age group than German or international stocks. <\/p>\n<p class=\"isSelectedEnd\">This development raises an interesting question:<\/p>\n<p>Is this a new generation of speculators\u2014or are we witnessing the emergence of a new culture of saving and investing?[\/vc_column_text][\/vc_column][\/vc_row][vc_row css=&#8221;.vc_custom_1738314649405{border-top-width: 3px !important;border-right-width: 3px !important;border-bottom-width: 3px !important;border-left-width: 3px !important;padding-top: 10px !important;padding-bottom: 10px !important;border-left-style: solid !important;border-right-style: solid !important;border-top-style: solid !important;border-bottom-style: solid !important;border-color: #F7931A !important;}&#8221;][vc_column][vc_column_text css=&#8221;.vc_custom_1781852195972{border-top-width: 0px !important;border-right-width: 0px !important;border-bottom-width: 0px !important;border-left-width: 0px !important;padding-top: 0px !important;padding-bottom: 0px !important;border-left-style: solid !important;border-right-style: solid !important;border-top-style: solid !important;border-bottom-style: solid !important;border-color: #F7931A !important;}&#8221;]\n<h2 style=\"text-align: center;\"><strong>The Bitcoin Generation<\/strong><\/h2>\n[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text css=&#8221;&#8221;]\n<p class=\"isSelectedEnd\">According to the eToro study, in the first quarter of 2026, about 52 percent of German investors between the ages of 18 and 27 held cryptocurrencies.<\/p>\n<p class=\"isSelectedEnd\">At the same time, many of the respondents said they wanted to further expand their positions.<\/p>\n<p class=\"isSelectedEnd\">Anyone following the public debate might quickly conclude that young people are increasingly turning to short-term speculation.<\/p>\n<p class=\"isSelectedEnd\">But the study paints a different picture.<\/p>\n<p>The majority of young investors do not invest exclusively in cryptocurrencies. Rather, their broadly diversified portfolios consist of:[\/vc_column_text][vc_column_text css=&#8221;.vc_custom_1781852225676{margin-left: 50px !important;}&#8221;]\n<ul>\n<li>Stocks<\/li>\n<li>ETFs<\/li>\n<li>Raw Materials<\/li>\n<li>Bonds<\/li>\n<li>and digital assets<\/li>\n<\/ul>\n[\/vc_column_text][vc_column_text css=&#8221;&#8221;]Cryptocurrencies are not viewed as a substitute for traditional investments, but rather as an additional asset class within a long-term wealth-building strategy.[\/vc_column_text][\/vc_column][\/vc_row][vc_row css=&#8221;.vc_custom_1738314649405{border-top-width: 3px !important;border-right-width: 3px !important;border-bottom-width: 3px !important;border-left-width: 3px !important;padding-top: 10px !important;padding-bottom: 10px !important;border-left-style: solid !important;border-right-style: solid !important;border-top-style: solid !important;border-bottom-style: solid !important;border-color: #F7931A !important;}&#8221;][vc_column][vc_column_text css=&#8221;.vc_custom_1781852261557{border-top-width: 0px !important;border-right-width: 0px !important;border-bottom-width: 0px !important;border-left-width: 0px !important;padding-top: 0px !important;padding-bottom: 0px !important;border-left-style: solid !important;border-right-style: solid !important;border-top-style: solid !important;border-bottom-style: solid !important;border-color: #F7931A !important;}&#8221;]\n<h2 style=\"text-align: center;\"><strong>From Gambling to Saving<\/strong><\/h2>\n[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text css=&#8221;&#8221;]\n<p class=\"isSelectedEnd\">It is particularly interesting to note that perceptions of cryptocurrencies are changing.<\/p>\n<p class=\"isSelectedEnd\">While Bitcoin&#8217;s early years were often marked by speculation, trading, and short-term price fluctuations, many young investors today increasingly view Bitcoin as a long-term asset.<\/p>\n<p class=\"isSelectedEnd\">This is especially true for Bitcoin.<\/p>\n<p>This is because Bitcoin differs from many other cryptocurrencies due to its distinct characteristics:[\/vc_column_text][vc_column_text css=&#8221;.vc_custom_1781852288521{margin-left: 50px !important;}&#8221;]\n<ul>\n<li>a limited quantity of 21 million units<\/li>\n<li>no central oversight body<\/li>\n<li>tradable worldwide<\/li>\n<li>Can be stored on your own at any time<\/li>\n<li>independent of banks and governments<\/li>\n<\/ul>\n[\/vc_column_text][vc_column_text css=&#8221;&#8221;]\n<p class=\"isSelectedEnd\">As a result, many young people are viewing Bitcoin less as a speculative asset and increasingly as a digital savings tool.<\/p>\n<p class=\"isSelectedEnd\">The question is no longer:<\/p>\n<blockquote>\n<p class=\"isSelectedEnd\">&#8220;How can I get rich quick?&#8221;<\/p>\n<\/blockquote>\n<p class=\"isSelectedEnd\">Rather:<\/p>\n<blockquote><p>&#8220;How can I safeguard my purchasing power in the long term and build wealth?&#8221;<\/p><\/blockquote>\n[\/vc_column_text][\/vc_column][\/vc_row][vc_row css=&#8221;.vc_custom_1738314649405{border-top-width: 3px !important;border-right-width: 3px !important;border-bottom-width: 3px !important;border-left-width: 3px !important;padding-top: 10px !important;padding-bottom: 10px !important;border-left-style: solid !important;border-right-style: solid !important;border-top-style: solid !important;border-bottom-style: solid !important;border-color: #F7931A !important;}&#8221;][vc_column][vc_column_text css=&#8221;.vc_custom_1781852319510{border-top-width: 0px !important;border-right-width: 0px !important;border-bottom-width: 0px !important;border-left-width: 0px !important;padding-top: 0px !important;padding-bottom: 0px !important;border-left-style: solid !important;border-right-style: solid !important;border-top-style: solid !important;border-bottom-style: solid !important;border-color: #F7931A !important;}&#8221;]\n<h2 style=\"text-align: center;\"><strong>Retirement Planning for the Digital Generation?<\/strong><\/h2>\n[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text css=&#8221;&#8221;]\n<p class=\"isSelectedEnd\">Young people, in particular, face special challenges today.<\/p>\n<p>Traditional retirement planning is coming under increasing pressure:[\/vc_column_text][vc_column_text css=&#8221;.vc_custom_1781852348076{margin-left: 50px !important;}&#8221;]\n<ul data-spread=\"false\">\n<li>rising life expectancy<\/li>\n<li>demographic change<\/li>\n<li>Inflation<\/li>\n<li>Falling real returns on many savings products<\/li>\n<\/ul>\n[\/vc_column_text][vc_column_text css=&#8221;&#8221;]\n<p class=\"isSelectedEnd\">At the same time, many young people have a high level of digital literacy and easy access to financial information.<\/p>\n<p class=\"isSelectedEnd\">While earlier generations often built their wealth through savings accounts or endowment life insurance policies, many young investors today are looking for alternatives.<\/p>\n<p class=\"isSelectedEnd\">Bitcoin is increasingly being viewed as a long-term building block for wealth accumulation.<\/p>\n<p class=\"isSelectedEnd\">Quite a few investors follow what is known as a savings plan approach:<\/p>\n<p class=\"isSelectedEnd\">Instead of speculating on short-term price movements, they regularly buy small amounts of Bitcoin and hold onto them for many years.<\/p>\n<p>This strategy is more like an ETF savings plan than traditional trading.[\/vc_column_text][\/vc_column][\/vc_row][vc_row css=&#8221;.vc_custom_1738314649405{border-top-width: 3px !important;border-right-width: 3px !important;border-bottom-width: 3px !important;border-left-width: 3px !important;padding-top: 10px !important;padding-bottom: 10px !important;border-left-style: solid !important;border-right-style: solid !important;border-top-style: solid !important;border-bottom-style: solid !important;border-color: #F7931A !important;}&#8221;][vc_column][vc_column_text css=&#8221;.vc_custom_1781852380039{border-top-width: 0px !important;border-right-width: 0px !important;border-bottom-width: 0px !important;border-left-width: 0px !important;padding-top: 0px !important;padding-bottom: 0px !important;border-left-style: solid !important;border-right-style: solid !important;border-top-style: solid !important;border-bottom-style: solid !important;border-color: #F7931A !important;}&#8221;]\n<h2 style=\"text-align: center;\"><strong>The holding period encourages long-term thinking<\/strong><\/h2>\n[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text css=&#8221;&#8221;]\n<p class=\"isSelectedEnd\">Interestingly, the German tax system is well-suited to this long-term approach.<\/p>\n<p class=\"isSelectedEnd\">Under current law, gains from Bitcoin and other cryptocurrencies are tax-free after a one-year holding period.<\/p>\n<p class=\"isSelectedEnd\">This policy provides a clear incentive for long-term saving and investing.<\/p>\n<p class=\"isSelectedEnd\">People who hold Bitcoin for an extended period of time are treated differently for tax purposes than those who speculate in the short term.<\/p>\n<p class=\"isSelectedEnd\">It is precisely this distinction that reflects the original intent of Section 23 of the Income Tax Act (EStG): Short-term speculation can be taxed, whereas long-term wealth accumulation cannot.<\/p>\n<p>The current debate over the possible elimination of the holding period would therefore affect precisely those investors who view Bitcoin not as a speculative asset but as a long-term investment.[\/vc_column_text][\/vc_column][\/vc_row][vc_row css=&#8221;.vc_custom_1738314649405{border-top-width: 3px !important;border-right-width: 3px !important;border-bottom-width: 3px !important;border-left-width: 3px !important;padding-top: 10px !important;padding-bottom: 10px !important;border-left-style: solid !important;border-right-style: solid !important;border-top-style: solid !important;border-bottom-style: solid !important;border-color: #F7931A !important;}&#8221;][vc_column][vc_column_text css=&#8221;.vc_custom_1781852410637{border-top-width: 0px !important;border-right-width: 0px !important;border-bottom-width: 0px !important;border-left-width: 0px !important;padding-top: 0px !important;padding-bottom: 0px !important;border-left-style: solid !important;border-right-style: solid !important;border-top-style: solid !important;border-bottom-style: solid !important;border-color: #F7931A !important;}&#8221;]\n<h2 style=\"text-align: center;\"><strong>Germany Will Not Become a Country of Gamblers<\/strong><\/h2>\n[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text css=&#8221;&#8221;]\n<p class=\"isSelectedEnd\">Another finding of the study deserves special attention.<\/p>\n<p class=\"isSelectedEnd\">Nearly three-quarters of German retail investors describe their risk tolerance as moderate or high. At the same time, they are increasingly investing in a diversified manner and for the long term. <\/p>\n<p class=\"isSelectedEnd\">That doesn&#8217;t mean Germany will suddenly become a country of speculators.<\/p>\n<p class=\"isSelectedEnd\">Rather, the way risk is perceived is changing.<\/p>\n<p class=\"isSelectedEnd\">Previous generations asked:<\/p>\n<blockquote>\n<p class=\"isSelectedEnd\">How can I avoid risk?<\/p>\n<\/blockquote>\n<p class=\"isSelectedEnd\">Many young investors today ask:<\/p>\n<blockquote>\n<p class=\"isSelectedEnd\">Which risks are worth taking\u2014and how can I manage them effectively?<\/p>\n<\/blockquote>\n<p>Bitcoin is increasingly seen as just one building block among many.[\/vc_column_text][\/vc_column][\/vc_row][vc_row css=&#8221;.vc_custom_1738314649405{border-top-width: 3px !important;border-right-width: 3px !important;border-bottom-width: 3px !important;border-left-width: 3px !important;padding-top: 10px !important;padding-bottom: 10px !important;border-left-style: solid !important;border-right-style: solid !important;border-top-style: solid !important;border-bottom-style: solid !important;border-color: #F7931A !important;}&#8221;][vc_column][vc_column_text css=&#8221;.vc_custom_1781852443400{border-top-width: 0px !important;border-right-width: 0px !important;border-bottom-width: 0px !important;border-left-width: 0px !important;padding-top: 0px !important;padding-bottom: 0px !important;border-left-style: solid !important;border-right-style: solid !important;border-top-style: solid !important;border-bottom-style: solid !important;border-color: #F7931A !important;}&#8221;]\n<h2 style=\"text-align: center;\"><strong>Wealth Building Goes Digital<\/strong><\/h2>\n[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text css=&#8221;&#8221;]\n<p class=\"isSelectedEnd\">The figures show one thing above all else:<\/p>\n<p class=\"isSelectedEnd\">Germany is undergoing a gradual shift in its investment culture.<\/p>\n<p class=\"isSelectedEnd\">Young people are increasingly taking charge of their own investments, doing their own research, and using digital tools to build their wealth.<\/p>\n<p class=\"isSelectedEnd\">Bitcoin plays an important role in this.<\/p>\n<p class=\"isSelectedEnd\">Not because every young investor is hoping to get rich quick.<\/p>\n<p class=\"isSelectedEnd\">Rather, it is because Bitcoin has become a long-term savings and investment vehicle for many people.<\/p>\n[\/vc_column_text][\/vc_column][\/vc_row][vc_row css=&#8221;.vc_custom_1738314649405{border-top-width: 3px !important;border-right-width: 3px !important;border-bottom-width: 3px !important;border-left-width: 3px !important;padding-top: 10px !important;padding-bottom: 10px !important;border-left-style: solid !important;border-right-style: solid !important;border-top-style: solid !important;border-bottom-style: solid !important;border-color: #F7931A !important;}&#8221;][vc_column][vc_column_text css=&#8221;.vc_custom_1781852472319{border-top-width: 0px !important;border-right-width: 0px !important;border-bottom-width: 0px !important;border-left-width: 0px !important;padding-top: 0px !important;padding-bottom: 0px !important;border-left-style: solid !important;border-right-style: solid !important;border-top-style: solid !important;border-bottom-style: solid !important;border-color: #F7931A !important;}&#8221;]\n<h2 style=\"text-align: center;\"><strong>Conclusion<\/strong><\/h2>\n[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text css=&#8221;&#8221;]\n<p class=\"isSelectedEnd\">The latest eToro study debunks a widespread stereotype.<\/p>\n<p class=\"isSelectedEnd\">Young Bitcoin investors are not necessarily speculators.<\/p>\n<p class=\"isSelectedEnd\">In fact, there are many indications that Bitcoin is increasingly being viewed as a long-term asset and a building block for personal wealth accumulation.<\/p>\n<p class=\"isSelectedEnd\">For many members of Generation Z, Bitcoin is no longer just a short-lived fad.<\/p>\n<p class=\"isSelectedEnd\">It is part of a new investment culture\u2014digital, self-directed, and focused on the long term.<\/p>\n<p>Anyone who views the debate over Bitcoin solely through the lens of speculation and risk could therefore overlook a decisive social transformation.[\/vc_column_text][vc_column_text css=&#8221;&#8221;]Source: <a href=\"https:\/\/www.dasinvestment.com\/gen-z-krypto-deutsche-risikokultur-etoro\/\" target=\"_blank\" rel=\"noopener\">https:\/\/www.dasinvestment.com\/gen-z-krypto-deutsche-risikokultur-etoro\/<\/a>[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_message message_box_color=&#8221;grey&#8221;]\n<p data-start=\"913\" data-end=\"1140\"><strong data-start=\"913\" data-end=\"925\">Note:<\/strong> This article was written by a member or author of the Bitcoin Bundesverband and reflects their personal opinion. It does not necessarily represent the official position of the Bitcoin Bundesverband. <\/p>\n[\/vc_message][\/vc_column][\/vc_row]\n<\/div>","protected":false},"excerpt":{"rendered":"<p>[vc_row][vc_column][vc_empty_space][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text css=&#8221;.vc_custom_1781852140257{margin-top: -50px !important;padding-top: 30px !important;padding-bottom: 30px !important;background-color: #F7931A !important;}&#8221;] Bitcoin Instead of a Savings [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4047,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_price":"","_stock":"","_tribe_ticket_header":"","_tribe_default_ticket_provider":"","_tribe_ticket_capacity":"","_ticket_start_date":"","_ticket_end_date":"","_tribe_ticket_show_description":"","_tribe_ticket_show_not_going":false,"_tribe_ticket_use_global_stock":"","_tribe_ticket_global_stock_level":"","_global_stock_mode":"","_global_stock_cap":"","_tribe_rsvp_for_event":"","_tribe_ticket_going_count":"","_tribe_ticket_not_going_count":"","_tribe_tickets_list":"[]","_tribe_ticket_has_attendee_info_fields":false,"footnotes":""},"categories":[254],"tags":[],"class_list":["post-4046","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tax"],"_links":{"self":[{"href":"https:\/\/bitcoin-bundesverband.de\/en\/wp-json\/wp\/v2\/posts\/4046","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcoin-bundesverband.de\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcoin-bundesverband.de\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcoin-bundesverband.de\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcoin-bundesverband.de\/en\/wp-json\/wp\/v2\/comments?post=4046"}],"version-history":[{"count":6,"href":"https:\/\/bitcoin-bundesverband.de\/en\/wp-json\/wp\/v2\/posts\/4046\/revisions"}],"predecessor-version":[{"id":4054,"href":"https:\/\/bitcoin-bundesverband.de\/en\/wp-json\/wp\/v2\/posts\/4046\/revisions\/4054"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcoin-bundesverband.de\/en\/wp-json\/wp\/v2\/media\/4047"}],"wp:attachment":[{"href":"https:\/\/bitcoin-bundesverband.de\/en\/wp-json\/wp\/v2\/media?parent=4046"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcoin-bundesverband.de\/en\/wp-json\/wp\/v2\/categories?post=4046"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcoin-bundesverband.de\/en\/wp-json\/wp\/v2\/tags?post=4046"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}