Kraken Exchange’s Vice President Talks About Bitcoin’s Use Being ‘Normal’ By Today’s Millennial Generation
Kraken Executive Believes Bitcoin Will Become Part Of The Economic Mainstream As GenZ Becomes Financially Independent
As many of our readers might already be aware of, the past week or so has seen Bitcoin [BTC], as well as other alt-asset’s (such as Litecoin [LTC]), gain immense market traction. This has led many market experts to believe that a bull run is in the offing.
In this regard, Kraken’s Austin Alexander, firmly believes that as more and more people from the younger generation start to enter this burgeoning domain, the value of most crypto assets will continue to soar even higher.
Austin is currently the VP for US-based crypto exchange ‘Kraken’. As things stand, the trading platform is operational in a host of different lucrative regions— including the European Union (EU), Canada and Japan.
More On The Matter
During a recent interview with Australian educator Craig Cobb, Alexander went on record to state that every generation that comes after the current one will help fuel the widespread adoption of crypto assets across the globe. This, in his opinion, will happen because as kids become smarter, they will look to adopt a payment system that is not only faster but also cheaper.
On the matter, he then added:
“Everyday another grandpa CEO somewhere retires and some kid is graduating.”
Alexander is not the only one who shares such a view since a few months back a crypto investment firm called “Sustany Capital” released a study which showed that more and more millennials are becoming inclined towards using cryptocurrencies.
To be a bit more specific, the study also states that nearly 88% of all millennials wouldn't mind investing in digital currencies in the near future.
“Each one of those waves you have more and more people, who at all levels, more people who are becoming introduced to the concept of Bitcoin for the first time.”
In closing out this article it is worth noting while Bitcoin may be surging right now, technical indicators associated with the premier currency are still quite mixed. Thus, it now remains to be seen how the future of this market plays out from here on end.