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Gen Z "loves" investing in Crypto and Blockchain more than traditional finance
A report from #Bernstein analysts states that Generation Z or #GenZ (born from 1997 to 2012, currently aged 12-27) will have a significant impact on the future of the financial industry. And they are tending to prefer investing in cryptocurrencies (#crypto) over traditional finance.
Surveys from leading cryptocurrency exchanges like #Coinbase indicate that today's youth perceive the current banking system as not only expensive and slow, but also outdated.
They prefer the idea of assets that the government and major banks cannot intervene in. A #FINRA survey shows that 55% of Gen Z in the US prioritize investing in cryptocurrencies.

In general, current digital banking platforms are perceived by Gen Z as cumbersome and lacking in transparency. They prefer to manage their finances directly on the #blockchain, through decentralized finance applications and #stablecoins (a cryptocurrency with a stable value) Peg to the USD.
marginatm.com/genz-me-dau-tu-c...…
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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