Millennials Trust Bitcoin Over Banks

Source: https://medium.com/buytex-exchange/millennials-trust-bitcoin-over-banks-4830b5c4d660

Over the past three years young adults have grown to trust Bitcoin more than the leading international banks. As evidenced by a research done on 4852 participants within an age range of 18 to 65 years.

✔️ The study showed the following:

- 51% of Millennials trust Bitcoin. Older generations are much less convinced by the technology, driving down the overall figure to 47%;
- Over 45% of those surveyed prefer Bitcoin over traditional assets;
- 60% of survey participants believe Bitcoin to be a positive technological innovation. This figure has grown 27% over three years;
- 59% of Millennials believe that within the next decade most people will be using Bitcoin;

The role of Millennials in the future of the cryptocurrency industry has been pointed out by numerous experts. Late 2019, an American brokerage company Charles Schwab said that this demographic invests in Bitcoin more often than Netflix and Microsoft.