20% of Gen Z, Alpha sees crypto as retirement alternative: Report
A report by Bitget Research reveals that over 40% of younger generations have already invested in cryptocurrency, indicating a significant shift in financial planning. The survey shows that 20% of Gen Z and Alpha would consider receiving pensions in cryptocurrency, with 78% expressing more trust in alternative savings options compared to traditional pension funds. Many young individuals are skeptical about existing systems and prefer decentralized finance and blockchain-based solutions. Despite this growing interest in cryptocurrency adoption, challenges such as price volatility, regulatory uncertainty, and cybersecurity threats remain. The report also highlighted that in 2024, over $2.3 billion in digital assets were stolen, a notable increase from the previous year, raising concerns about security in the crypto industry. Gracy Chen, CEO of Bitget, emphasized that younger generations seek modern pension solutions that offer better control, flexibility, and transparency. These findings underscore a changing financial landscape as younger investors explore diverse approaches to retirement savings.
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