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BlockFi CEO: Millennials Will Boost Bitcoin Adoption for Years to Come
Summary: Millennials, a generation beleaguered by student debt, low pay and a lack of savings, can rewrite their financial narratives using Bitcoin (BTC) and cryptocurrency according to a panel discussion at this year's BlockShow summit in Singapore.The panel delved into Millennials’ impact on the future of digital assets. Alternative assets under management topped $10 trillion globally ...
Millennials, a generation beleaguered by student debt, low pay and a lack of savings, can rewrite their financial narratives using Bitcoin (BTC) and cryptocurrency according to a panel discussion at this year's BlockShow summit in Singapore.The panel delved into Millennials’ impact on the future of digital assets.
Alternative assets under management topped $10 trillion globally in June, up more than 55% from 2013, according to data provider Preqin. Although much of that shift has occurred at the institutional level, Millennials will play an increasingly vital role in this market.
During the discussion, BlockFi CEO Zac Prince said he expects crypto to “grow as a share of that alternatives bucket.”“Crypto-invested Millennials is an insanely valuable group...These are people who were ahead of this trend.”
By Amy Liu
Tags: Bitcoin,Millennials,Zac Prince
Link: BlockFi CEO: Millennials Will Boost Bitcoin Adoption for Years to Come [Copy]
