November 22, 2024

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Crypto reshapes the American dream for younger generations: Report

1 min read
Crypto reshapes the American dream for younger generations: Report

A new Coinbase report on the state of crypto has revealed the disillusionment of younger generations (Gen Z and Millennials) with the traditional American dream and the financial system. It shows young Americans are more open than older generations to unconventional paths to financial independence, such as crypto, than older generations.

According to the report, 51% are willing to support candidates favorable to crypto in the 2024 elections. Additionally, 39% believe politicians and policymakers should endorse technologies like cryptocurrency and blockchain to benefit future generations, in contrast to the 28% of older Americans who share this view.

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