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RE: New Study Shows Millennials Favor Bitcoin Over Traditional Banking

in #bitcoin7 years ago

One in four millennials are investing their hard-earned money in the leading digital currency Bitcoin instead of opening traditional bank accounts.

The study says 25% would invest in bitcoin, given the choice to invest $1000 in bitcoin, gold, real estate, stocks or bonds. Only 4% of the millennials who answered have ever actually bought bitcoin.

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That is great that most haven't bought yet! I'm expecting them to push up the market cap even more, once they do buy!

Umm, what. 1 in 4 millennials is using bitcoin instead of traditional banking?

1 in 4 said they would invest, 4% said they have actually bought Bitcoin. I'm saying I that the rest, 96%, will push up the market cap when they do buy

"This survey was conducted online within the United States by Harris Poll on behalf of Blockchain Capital from October 18-20, 2017 among 2,112 U.S. adults ages 18 and older, among whom 387 are millennials (ages 18-34). This online survey is not based on a probability sample and therefore no estimate of theoretical sampling error can be calculated. "
So, sample size of 387, from a self-directed online poll, with no sampling error calculation possible. Seems legit.