It's not just bitcoin anymore. In under a year, the concept of cryptocurrency will turn 10. As it's aged, it has begun to create jobs, inspire entrepreneurs to create startups, and spawn hundreds of crypto-tokens with unique functions and development.
Millennials are, overwhelmingly, the generation fueling this trend. And while "bitcoin" and "cryptocurrency" are finally starting to become household words, we are still only at the beginning in terms of seeing what blockchain technology can accomplish.
Here's how millennials are using bitcoin and cryptocurrency to build the future.
Why Cryptocurrency Is Uniquely Suited To Millennials
As the first generation to grow up with digital technology at their fingertips, millennials have different ways of thinking by default. Technology is seamlessly woven into day-to-day life in a way that feels completely natural. Millennials do everything from getting a taxi and ordering food to finding employment and booking vacations differently from their parents. Cryptocurrency factors into this nicely.
Simon Yu, CEO of blockchain startup StormX, says, “Millennials are particularly open to embracing new technology in order to create opportunities for themselves--and blockchain, the tech behind crypto, is no different. As masters of the side hustle and challengers of the traditional 9-5 working lives of previous generations, millennials are welcoming blockchain with open arms.”
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