Another fresh survey has concluded that millennials and younger generations are continually gaining interest in Bitcoin (BTC) and cryptocurrencies while there is a growing distrust towards the post-2008 global financial structure.
According to a new eToro survey of 1000 online traders, 43 percent of millennial online traders place more trust in cryptocurrency exchanges than the United States stock market. On the flip side, the vast majority of Gen X respondents feel the opposite.
Millennials that trade crypto unsurprisingly have more trust in the nascent asset class than the stock market, but one-third of millennials that don’t trade cryptocurrencies responded that they also trust crypto over the stock market.
Guy Hirsch, Managing Director of eToro U.S., sees this as a clear “generation shift.” He stated via press…