Report: Gen Z is Really Building the Future of Bitcoin.
20 Aug 2023, 08:00
Report: Gen Z is Really Building the Future of Bitcoin
It’s believed Gen Z will make a huge difference in how bitcoin works and operates in the coming years.
Gen Z Are the Real Crypto HoundsThis makes sense given the digital currency industry has been taken to largely by young people. Most of the time, it’s standard financial tools – such as stocks and precious metals – that are enjoyed by older generations, though it’s Gen Z and millennials that largely grew up during the days of the Great Recession. They likely saw their parents lose their jobs, their homes, their retirements, etc., and they have grown to become very non-trusting of standard banks and institutions.
Thus, they have turned their attention to bitcoin and the digital currency arena, and they see it as more democratic than anything that has emerged over the past several years (or even centuries). Per a new report by Bloomberg, the youngest adult generation presently has more than $360 billion in disposable wealth and income to its name, and they are allegedly investing in BTC and in related assets given that these arguably stand most in line with their values.