Business Insider published on July 5 shows that Generation Z has no plans to buy cryptocurrency.
In order to gauge generation Z‘s perception towards cryptocurrency, Cint — a SurveyMonkey Audience partner — took a survey on 1,884 U.S. residents who were aged between 13 to 21. The participants were asked if they intend to buy any cryptocurrency within the next 6 months, and surprisingly, more than a half (52%) replied: “not at all.”
Other answers included 15% “somewhat likely,” 6% “very likely,” 5% answered “extremely likely,” on the other hand 17% answered “not so likely,” while the remaining 4% gave different that was not specified on the questionnaire.
In January — just before the commencement of the recent bull market — is when survey results were released.
As per the Business Insider notes:
“The reinvigorated market could cause some of the teens in the survey to rethink their position, and it may spur the 26% who said they were somewhat likely, very likely, or extremely likely to purchase cryptocurrency to pull the trigger.”
Kaspersky Lab — a Moscow-based cybersecurity firm — on June 17 after carrying out a survey revealed that about 19% of the people in the world had bought some form of cryptocurrency.
In yet another survey done in early May, Fidelity Investments — a United States-based asset management firm — found out that about 22% of the institutional investors already possess a couple of digital assets.