A recent survey suggests that as many as two thirds of Gen Z today think that they will eventually become crypto millionaires.
It isn't hard to find multiple stories of one crypto project or another making someone a millionaire in recent years. Then again there are also other stories to find about people losing it all and making bad investments on the other side as well.
Cryptocurrency has given millions of people across multiple generations hope.
Gen Z and millennials have been shown to be more comfortable with cryptocurrency and a growing number of users today can be found around the world.
We are seeing more people taking cryptocurrencies as paychecks, donations, as payment for goods, and this is expected to continue as more educate themselves about this market and familiarize themselves with cryptocurrencies.
Despite the growth and seeming acceptance there is still a lot of confusion and fear surrounding crypto with many not knowing the basic concepts related to cryptocurrencies or how to get involved easily.
not financial advice
Sources:
https://markets.businessinsider.com/news/currencies/gen-z-crypto-survey-bitcoin-ether-dogecoin-cryptocurrency-investing-2021-11
https://fortune.com/2021/11/18/gen-z-adults-us-millionaires-crypto-investing/
https://nypost.com/2021/11/09/shiba-inu-millionaire-retires-at-the-age-of-35-after-8000-bet/
https://blockworks.co/survey-says-most-people-still-dont-understand-crypto/