• Sat. Nov 2nd, 2024

Survey Shows Half of Generation Z Want to be Paid in Cryptocurrency

Hassan Mehmood

ByHassan Mehmood

Nov 29, 2021

According to research conducted regarding how many people from Generation Z and Millennials would consider the option of being paid in Bitcoin, the research says that about 50% of these will comply. These are the people born between 1980 and 2012; they would very much like to be paid in Bitcoin almost half of their salary. This poll was carried out by the international financial consultancy firm deVere group, and it shows staggering results as 36% of Millennials and 51% of the Generation Z people have agreed to this possibility.

The crypto craze is on the rise, and these are not the financial institutions anymore who are interested in adopting themselves to decentralization; the common people are as much thrilled and excited for this opportunity. The CEO and co-founder of the company, Nigel green, has breathed on this whole thing by saying that youngsters and people who are born in this specific age cycle find cryptocurrencies attractive, and moreover, they think these as a financial innovation which they should be made an active part of.

Millennials and Generation Z are Interested in Crypto

When asked about how these people from Generation Z and Millennials think about a decentralized platform being controlled by the state or financial bodies, he said that they would be alright with it. The only thing they require from this transition is the idea of decentralization and becoming a part of an efficient and streamlined financial platform; they are not concerned about who is in control or makes small changes here and there.

Coming from another report altogether, about 47% of Millennials have invested fairly into crypto at some point in their lives. And among the millionaire investors, about 30% of them have allocated half of their wealth into the crypto market. This gives away a very prominent and confident statement on behalf of the people that they are willing to adopt decentralization and become an integral part of the crypto market. This kind of enthusiasm and support for a digital asset is missing among those who think that crypto will be the end of the financial system as we know it whereas it is originally an innovation.

Hassan Mehmood

Hassan Mehmood

Hassan Mehmood, a valued writer at Big Trends Signals, uses his profound online trading expertise to produce in-depth guides and unbiased reviews, enabling traders to navigate digital marketplaces efficiently.

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