Nearly 75% of the youth population are more likely to choose a partner with knowledge about the cryptocurrency industry, according to a recent survey by crypto trading website, Creditcoin.com.
The study revealed that 48% of males and 26% of females of the millennial generation prefer a romantic partner that has knowledge in the cryptocurrency field.
2017 saw a rush of capital into the cryptocurrency markets. The father of all cryptocurrencies Bitcoin appreciated more than 1900% in 2017, taking the lot of the altcoins along in the Bull Run. The surge sparked a lot of interest as the adoption rate of cryptocurrencies and the underlying technology, Blockchain, also increased significantly.
Although Bitcoin has seen huge correction since the beginning of 2018, interest in the cryptocurrency market is not declining as a lot of new players are entering the space. And millennials are keeping the frenzy booming.
As quoted from the report:
“For Millennials the soaring performance of Bitcoin – followed by an almost equally profound correction – holds more intrigue than the prospect of steady growth in house prices.”
In January this year, a similar survey conducted by crypto investment firm Blockchain Capital showed that 30% of those in the 18-to-34-age range would rather invest $1,000 in Bitcoin than $1,000 in government bonds or stocks. The same study also indicates that 42% of millennials have heard about Bitcoin, compared with 15% awareness among those aged 65 and up.
Young people see bitcoin as an investment opportunity and are more likely to invest in it as an asset for the future. Creditcoin.com further noted that with the growing adoption of cryptocurrencies, the young investors are also now spending their crypto on interesting items including “a dog, a wedding, and 4 cases of Sriracha.”