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Vitaliy

Millenial cryptocurrency demand continues to grow

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Cryptocurrencies remain the preferred long-term investment for millenial investors. This is evidenced by the results of a survey of consulting company Edelman.

According to the report, more than 25% of the polled millennials are already users or owners of digital assets.

“Everyone who has cryptocurrencies told that they would like them to be acquired earlier,” said study author Deidre Campbell.

30% of respondents expressed interest in the study of cryptocurrency for the purpose of investment.

Earlier studies have found that Millennials do not trust banks. For the most part, this is due to inefficient and outdated models that are not adapted to younger investors.

Analysts suggest that the main cryptocurrency markets, such as the USA, South Korea and Japan, where regulated cryptobirds and payment services operate, will continue to grow rapidly.

Thus, the South Korean government has already recognized cryptobirth as legitimate financial institutions and launched initiatives designed to convince young talents to pay attention to the blockchain industry.

In the course of the Edelman study, 1,000 millennials aged 28 to 34 years old and 500 representatives of “generation X” aged 39 to 52 years old were surveyed.

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