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RE: New Study Shows Millennials Favor Bitcoin Over Traditional Banking
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.
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.