The following is a guest post by Chris Kline, the co-founder and COO of BitcoinIRA.com
While cryptocurrency may seem confusing to older generations, millennials are becoming more receptive towards cryptocurrencies due to their comfort with technology and desire for financial transparency.
Millennials, defined as persons between the ages of 18-35, grew up as the internet was evolving. As the first generation to mature with digital technology at their fingertips, many of them are already using digital payments on a massive scale through Venmo and PayPal and thus readily understand the benefits of cryptocurrency. In fact, a recent survey found that those in the 18-to-34 age range would rather invest in Bitcoin than in government bonds or stocks. But, what makes millennials so interested in cryptocurrency? They are drawn to these investments because of three simple reasons: the transparency of the cryptocurrency system, the secure nature of blockchain technology and because they consider crypto to be a complement to gold.
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