Pro-crypto youth. While UK prepares to test sterling stablecoinsa new survey reveals that digital assets, led by Bitcoin (BTC), have become the financial entry point for most young people aged 16 to 25. According to the study of Coinbase Institute and of JL Partnerscrypto has overtaken traditional banking products as a way for young people to understand money, financial risks and opportunities.
- A survey commissioned by Coinbase Institute reveals that digital assets have become the financial entry point for young people aged 16 to 25 in the UK.
- Bitcoin far surpasses traditional banking products in terms of awareness among young UK people, signaling a shake-up in financial literacy.
Bitcoin, better known than traditional financial products among young British people
The present enquéte, réalisée par JL Partners for the account you Coinbase Institutewas conducted on a representative sample of 1,660 young people âgés de 16 à 25 ans in the United Kingdom. Research shows that only 43% of young people know what an individual savings account in stocks and shares is (ISA), against 65% who know Bitcoin.
And more generally, more 80% of these young people know the cryptocurrencies. This reflects what the report describes as a reorganization of financial literacywhere cryptos precede traditional finance.
And as we will see in the details of this survey, this young pro-crypto generation could have a heavy weight for the political parties British.
Young people under 25, a pro-crypto political force not to be neglected
This investigation tells us that près de la moitié young people say they would more confidence to a political party if it showed understanding crypto-assets and blockchain technology.
Moreover, 26% are more likely to support a party that adopts a policy pro-innovation in terms of cryptocurrencies. Ignore the great interest for the digital assets of young people could therefore coûter cher to politicians.
Also with approximately two thirds young people wishing financial education on cryptosit is clear that traditional finance is not popular among British 16-25 year olds. Younger generations around the world are seeing more and more Bitcoin and its peers as leading financial products, especially in the form of ETFs.
