Young people are leading the way in cryptocurrency adoption around the world.

Indeed, the Z-generation (people born between 1997 and 2012) is the most active generation in the world of cryptocurrencies. Around the world, nearly 51% of this generation have invested in cryptocurrency. This is by far the percentage compared to other generations. I note, however, that the purchasing power of this generation remains lower. In terms of proportional volume, we do not have full figures but it is likely that this remains lower than the other age groups.

However, the proportional allocation of portfolios remains very important. For example, in the states more than 33% of this generation is ready to allocate at least 5% of its portfolio in cryptocurrencies. For the rest of the population, this percentage drops to 21%. According to the Gemini report, 51% of Generation Z young adults own or have owned cryptocurrencies, compared with only 35% for the general population. In the US, this figure also reaches 51%, compared to 49% for millennials (born between 1981 and 1996) and 29% for generation X (born between 1965 and 1980).

Contrary to popular belief, Generation Z is not in favor of increased regulation of cryptocurrencies. Only 31% of young adults think the government should increase sector rules, compared to 46% for the general population. This generation therefore seems to have a more optimistic view of the industry and its ability to self-regulate. With this generation’s increasing purchasing power, it is likely that they will be the driving force behind the financial and political development of the ecosystem.