Millennials will be the main driver of bitcoin adoption

Young people born at the end of the last century will be able to accelerate the introduction of bitcoin.

Representatives of this generation of sociologists are called millennials, as his growing up took place already in the new millennium.It is this Internet generation that will become the key driver of the expansion of the bitcoin network, believesThe CEO ofBlockFi zack Prince.

He expressed his position at the BlockShow conference, which was opened on the initiative of Singapore and dedicated to fintech.

In his speech, Mr. Prince pointed out three main trends that will accelerateThe transition of millennials to BTC CEOBlockFi put the first place.

Now we are seeing a transfer of capital from old financiers to their children and grandchildren. These funds will most likely be invested in innovative instruments, including Bitcoin.

Cryptocurrency market capitalization growth and rapidthe development of innovative tools will also contribute to a more intensive diffusion of digital currency. Young people are following trends in the crypto market and will be more actively buying coins if the value of BTC continues to add.

Prince said:

«Millennials — this is a very valuable group [of potential investors]. These people are clearly ahead of all trends.

The rest of the conference participants, Michael Sonnenshine of Grayscale and Aya Kantorovich of FalconX, agreed with the CEO of BlockFi and added that in addition to bitcoin, young people are also interested in the largest altcoins.The most popular among them are ether (ETH) and Lightcoin (LTC).

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