Nearly a Third of Millennials Say They'd Rather Own Bitcoin Than Stocks
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It’s become commonplace in news headlines to say millennials kill everything from romance to napkins, but now a survey shows they might be responsible for keeping the rally in bitcoin alive.
A survey by venture capital firm Blockchain Capital found that about 30 percent of those in the 18-to-34 age range would rather own $1,000 worth of Bitcoin than $1,000 of government bonds or stocks. The study of more than 2,000 people found that 42 percent of millennials are at least somewhat familiar with bitcoin, compared with 15 percent among those ages 65 and up.