Generation Z will actively use cryptocurrencies

  • Generation Z will actively use cryptocurrencies

  • Bitcoin will become everyday means of payment

  • Baby boomers are actively investing in cryptocurrencies, fearing the crisis

Generation Z will actively use cryptocurrencies

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This is the opinion of the former head of the communications department of US President Donald Trump. In his opinion, 3 and 5 representatives of generation Z will use cryptocurrency in everyday life..

Bitcoin has a bright future

Former aide to President Donald Trump, Anthony Scaramucci, recently stated that he is a big fan of cryptocurrency, but that he is especially interested in Bitcoin. In a recent online interview, the former White House communications chief emphasized that cryptocurrency has a very bright future..

“Since I returned to SkyBridge in 2018, we have dived deeply into the digital asset space. I’m a fan. I believe that digital assets have a future, obviously, blockchain has a future, ”said Scaramucci.

Scaramucci also noted that it is millennials who play a key role in the popularization of cryptocurrency in the world. Also, a former White House employee stressed that three out of five representatives of generation Z will use digital money in everyday life, that is, pay for goods and services with crypto coins..

Not by millennials alone …

In the crypto community, a stereotype has developed that users of cryptocurrencies are representatives of the younger generation: millennials and generation Z. However, the latest research is the investment company River Financial Inc. show that the main bitcoin holders include representatives of the baby boomer generation, that is, people aged 55+.

Generation Z will actively use cryptocurrencies

Instead of traditional investments in real estate, precious metals or bank deposits, more and more older people choose to invest in cryptocurrencies, namely in bitcoin.

River Financial Inc.

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said they are seeing a surge in cryptocurrency investments after the Fed’s asset acquisition policy was changed. In addition, the interest in bitcoin is boosted by statements from well-known businessmen and investors, such as Paul Tudor Jones, who announced that he is a fan of digital assets and invests in bitcoin..

The company also explains that the boomers’ decision to invest in cryptocurrencies was largely influenced by the crisis caused by the coronavirus epidemic. Against the backdrop of falling stock and commodity markets, cryptocurrencies have shown incredible resilience and rapid recovery even after a serious crash.


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