46% of all millenials in major economies own crypto

The world is facing a population crisis. In most major economies such as China, the United States, Germany and Japan, families do not have enough children to expand or even replace the population.

And so the population of most major economic powers will shrink in the coming years. This means that there will be even more pressure on millennials (those born between 1980 and 1995) and Gen-Z (those born between 1995 and 2010) to stay in work (in order to keep pensions affordable) and to invest (in order to give yourself an old age).

A new survey by Bitget research has revealed that 46% of millennials across major economies own Bitcoin and cryptocurrencies.

You are not early anymore.

— whalechart (@WhaleChart) April 28, 2023

Both generations therefore live and invest completely differently from all previous generations. For example, almost half of all millennials now own crypto

Half a million participants

Between July 2022 and January 2023, the Bitget crypto platform conducted a major study in 26 of the major countries in the world. They collected responses from about half a million participants, which is a fairly large sample. The research highlights the differences in the adoption of cryptocurrencies by generation.

For example, 46% of millennials say they own crypto (a huge number). They of course take first place on the podium ahead of Generation X (of which 25% says they own some form of crypto) and Generation Z (21%). On the other hand, only 8% of boomers consider Bitcoin an acceptable investment.

Also, 36% of Gen Z respondents and 27% of millennials consider the potential regulation of cryptocurrencies to be an important topic. Future politicians will have to take this into account in order to seduce this growing part of the electorate. All this is of course very good news for the future adoption of digital coins.

VisualGeneration / Depositphotos.com