Rich Millenials love Bitcoin, study finds

A new study finds that Millenials making more than $75,000 are prone to invest in cryptocurrencies. The number drops drastically as you go down the payscale mostly because people making less cannot afford to buy cryptocurrency assets for lack of cash. The number is also far higher among millenials than previous generations due to being familiar with technology and what cryptocurrencies are. Most said they knew how cryptocurrencies work and many said they felt comfortable having a conversation about cryptocurrencies. With more high-earning millenials entering the white-collar workforce, this should result in cryptocurrency growth over the long term as many more people come on board with fresh new money. Whether its Bitcoin or Alt Coins, it is almost certain that the number of investors and the amount of money is these assets will only increase over time.

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