Research: millennials are more likely to choose bitcoin rather than a large bank
According to Tokenist experts' study in 17 countries among 4852 respondents between 18 and 65 years, the younger generation has become much more loyal to bitcoin than to the largest financial institutions in the world.
Millennials don't believe banks
The research shows that 51% of millennials have more confidence in Bitcoin than in such giants as Goldman Sachs, Wells Fargo, and JPMorgan.
The older generation does not believe bitcoin
It is quite expected that the older generation is more conservative. This, the average percentage of loyalty to the first cryptocurrency was 47%, but in 2017 this indicator was 29% less.
Millennials are the future
Many experts agree that the generation of millennials (people who were born between 1981 and 1996) will play a huge role in the development of the cryptocurrency industry. According to brokerage company Charles Schwab, this age category often invests in cryptocurrencies rather than in Netflix and Microsoft.