A recent survey result shows that the young generation is highly bullish on the blockchain and cryptocurrencies as a future technology.
Crypto adoption is increasing rapidly in the world, and people are choosing it for different reasons. In particular, retail adoption is increasing because of the trading and investment options, while crypto & blockchain-based payment systems are in high demand among the big financial and tech companies, which don’t want any disturbance in their working system with the trust of data.
Recently a survey was conducted by OnePoll, commissioned by StarkWare. Under the survey Poll results, the majority of the people are now in support of Cryptocurrencies from the point of view of technology, who believe that it can bring better payment models for financial services.
According to the survey result, 53% of people joined crypto vehicles because it is the future, according to the respondents. And 68% of people ( who are in the age range of 25-34 years) agree with cryptocurrencies as the future of technology but 61% of people have full belief in this technology.
17% of respondents confirmed that they have invested their funds in cryptocurrencies. Of these 17% people, there were 28% people in the age range of 25-34 years.
Among the crypto Investors respondents, 82% of people were using at least one crypto tracking application on their mobile, while 50% of them said that they keep fiddling with their Cryptocurrencies.
Among the crypto investors, there were a total of 14% of people, who remain calm and don’t take any tension on their holdings but keep watching every week.
The co-founder of StarkWare Industries, Eli Ben-Sasson, commented on this result of the survey and noted that crypto adoption is surging rapidly among American youngsters.
“We see that young Americans, those who will soon shape the economy, are especially tuned in to crypto. It’s an important insight that they are investing in large numbers, and overwhelmingly convinced crypto will be the future.”
StarkWare Industries company claims that the current development rate of Decentralized Apps( DApps) is slow and asserted the need to boost such development works in the crypto and blockchain industry for the public.