An increasing number of companies have published surveys probing the views held by millennials regarding virtual currencies.
A recent study claims to have found that “Over 75% of millennials [are] more likely to date someone knowledgeable about cryptocurrencies.” Despite the find, the survey also revealed that 12% of respondents would “rather date a non-violent felon” than “someone who has all their savings in cryptocurrency.”
Of the millennial participants, 40% indicated that they currently own cryptocurrencies, with 48% of males and 26% of females reporting to currently hold virtual currencies.
The survey also noted several “interesting items respondents have paid for with cryptocurrency,” including “a dog, a wedding, and 4 cases of Sriracha.”
1 in 10 Millennials Cash Out Crypto to Afford Down Payment on Home
At the start of the month, it was reported that a survey focusing on U.S. resident ages between 24 and 38 who indicated that they were planning to purchase a home in the next 12 months found that 10% of millennials have sold cryptocurrencies in order to finance their down payment.
A U.K. survey of millennials, crypto, and property published last month found that more than one in five (21%) of 21 to 35 year-olds see bitcoin as a better investment than real estate. “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,” the survey said.
Additionally, a recent survey of 18 to 35-year-old Canadian investors found that 40% describe cryptocurrencies as producing high returns, whilst 39% of all 18 to 34-year-old Canadians identified crypto as a high performing investment.
What is your response to the findings of the surveys being conducted into millennials’ views regarding bitcoin and cryptocurrencies? Share your thoughts in the comments section below!