Pcex Blog
No Result
View All Result
  • Home
  • Topics
    • Crypto Market
    • Crypto Exchange
    • Blockchain
    • Cryptocurrency
    • Fintech
  • Insights
    • Press Release
    • PCEX Watch
    • Circulars
  • Video
  • Academy
Subscribe
Pcex Blog
  • Home
  • Topics
    • Crypto Market
    • Crypto Exchange
    • Blockchain
    • Cryptocurrency
    • Fintech
  • Insights
    • Press Release
    • PCEX Watch
    • Circulars
  • Video
  • Academy
No Result
View All Result
Pcex Blog
No Result
View All Result
Home Topics Cryptocurrency

How millennials are using cryptocurrency to shape the future

by Pcex Team
October 4, 2018
in Cryptocurrency
2 min read
0
How millennials are using cryptocurrency to shape the future
154
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter

The cryptocurrency industry is aiding the millennials in shaping their future.

“Each generation imagines itself to be more intelligent than the one that went before it, and wiser than the one that comes after it”. – George Orwell

Since their introduction in 2009, cryptocurrencies have undergone a great revolution. Today, more than 1300 digital currencies exist in the market. The flourishing cryptocurrency industry is creating jobs, inspiring entrepreneurs to create startups, and create crypto tokens with unique functions. Millennials are at the spearhead of this industry.

How cryptocurrency suits millennials  

Millennials are the first generation to grow up with the revolutionary blockchain technology. Millennials have provisions to execute each task, right from paying for their morning coffee to booking vacations, digitally.

Simon Yu, CEO of a startup Storm X, believes that Millennials are particularly open to new technologies because it creates new opportunities for themselves. Blockchain technology is a platform which gives immense job opportunities to this generation and hence, is being welcomed with open arms.

Unlike the older generations, millennials are open to risks, and the crypto market is a business of both growth and risks.

What does the future hold?

Cryptocurrency, with the support of blockchain technology, has completely revolutionized FinTech. People are drawn towards the currencies because of the independence they offer from central authorities like banks. Arran Stewart, co-founder of a blockchain recruitment platform Job.com, believes that cryptocurrency can become a global platform and can replace traditional payment methods. Also, in future, you will be able to pay for your lunch or dinner using a crypto wallet, without the need for a credit card or even cash.

Simon Yu says that blockchain technology can change the entire landscape of paid work. According to Yu, “The old paradigms of work–based on the industrial revolution–are far too limiting in terms of a person’s potential, a person’s life’s work, and the return on investment for their time and effort, as well as the ability to advance”.

Getting started with the investment

The crypto market is highly volatile. With time, we can expect more regulation and a greater diversity of investors. The older generations are a little skeptical about cryptocurrencies, but on the other hand, millennials are one of the largest age groups to invest in crypto. The idea of being in control of one’s money, without the interference of a third party appeals to millennials. Interestingly, a survey shows that this generation is investing in cryptocurrencies to save for retirement funds!

Securities though,  still are a major issue. Cryptocurrencies might be safe, but many access points are not. PCEX is an extremely secure crypto-exchange with multi-layered protection in place. The platform offers a broker channel as an additional layer of security.

We believe that cryptocurrencies can become a mode of secure payment in the future.  Do you agree? Comment below.

  • Trending
  • Comments
  • Latest
pcex-b2b-model

Introducing PCEX B2B Model

June 17, 2020
benefits-of-being-a-pcex-trading-member

Benefits of being a PCEX Trading Member

June 17, 2020
PCEX.IO

Global Cryptocurrency Exchange PCEX Introduces New Trading Member in India DIGI BROKING

August 10, 2020
PCEX Introduces Crypto Trading Platform For Indian Users

PCEX Introduces Crypto Trading Platform For Indian Users

June 17, 2020
Blockchain technology and Digital identities — A positive fit?

Blockchain technology and Digital identities — A positive fit?

2
Crypto Trading Gets Completely Automated as Napston launches a one-of-its-kind exchange

Crypto Trading Gets Completely Automated as Napston launches a one-of-its-kind exchange

1
New crypto exchange, DARICO, will be owned by the users; the exchange is expected to be 100 % democratic

New crypto exchange, DARICO, will be owned by the users; the exchange is expected to be 100 % democratic

1
The seed token project- Powering AI and the bot economy on blockchain.

The seed token project- Powering AI and the bot economy on blockchain.

1
pcex.io blog

PCEX Introduces C2USD Margined Monthly & Weekly Future Contracts

December 21, 2020
PCEX.IO Blog

PCEX Listed Ripple and Stellar for Trading

December 10, 2020
PCEX Io Blog

World’s Leading Cryptocurrency Exchange PCEX Launches Futures Trading

December 9, 2020
PCEX.IO

Global Cryptocurrency Exchange PCEX Introduces New Trading Member in India DIGI BROKING

August 10, 2020

Recent News

pcex.io blog

PCEX Introduces C2USD Margined Monthly & Weekly Future Contracts

December 21, 2020
PCEX.IO Blog

PCEX Listed Ripple and Stellar for Trading

December 10, 2020

Categories

  • Academy
  • Blockchain
  • Circulars
  • Crypto Exchange
  • Crypto Market
  • Cryptocurrency
  • Fintech
  • Insights
  • PCEX Watch
  • Press Release
  • Video

Site Navigation

  • Advertisement
  • Contact Us
  • Privacy & Policy
  • Other Links
Pcex Blog

PCEX is a cryptocurrency/digital asset exchange on which you can trade Bitcoin(BTC), ETH & altcoin at a very lowest fees.

© 2020 PCEX

No Result
View All Result
  • Advertisement
  • Contact Us
  • Insights

© 2020 PCEX

Translate »