How the millennial generation could trigger a wave of bitcoins

The adoption of cryptocurrency by the millennial generation is widely perceived as a negative sign by many badysts of the traditional banking system, with more and more of this generation having a blurred vision of the current financial system.

The general consensus on the subject is that millennia do not trust banks. The international research and badysis company Edelman Intelligence conducted a study last year that showed that 77% of "Millennials prosperous" Seeing the traditional banking system is designed for the rich and the powerful rather than the working clbad.

Research shows that the lack of trust has led almost four out of five respondents to predict that another international financial crisis was imminent because of the "bad behaviour" of the current banking system. 75% of respondents worried about the global financial system in that it was likely to be hacked, which worried about the potential loss of their own private financial information.

And with that, this generation has placed their faith elsewhere. Recent figures suggest that about 17% of millennials own their own cryptocurrency.

According to Edelman's study, about a quarter of rich millennials own their own crypto-currencies, 31% are interested in crypto and 74% of them trust blockchain, a much safer system than space. international financial institution currently in a position to propose.

In a separate study, the blockchain private equity fund, Sustany Capital, showed that just under 90% of people wanted to invest in cryptocurrency and 42% would like to use "Cryptocurrency as savings."

As reported by BitconNews:

"The abandonment of traditional banking becomes more convenient for many, provided they are educated, with another survey that reveals that 97% of the Millennials and X Generations interviewed would like to know more about how cryptocurrency works. Many felt that they would be more likely to invest with financial advice demonstrating a potential professional gap in the market. "

As the millennial generation seeks a new way of managing its finances so that it can help itself instead of just feeding the profits of banking institutions, cryptocurrency becomes a much more serious entity than it is. ten or even five years ago. like a bet.