It’s better to invest in trends than to follow them—The post-95s ecosystem in the cryptocurrency world

According to Paxful's authoritative survey, young Americans, especially millennials, are very optimistic about the future of digital currency, and many are viewing digital currency as a new force to challenge the traditional banking system. Coincidentally, as the world's two major Internet powers, young Chinese, like young Americans, are also enthusiastic about digital currency.

After the great trials and tribulations of the digital currency industry and the baptism of a series of professional knowledge in the past two years, leading digital assets such as Bitcoin have become more stable and reliable, and are increasingly sought after by young people.

As one of the countries with the highest Internet penetration and the most complete ecosystem in the world, China's young people are also leading the world in their acceptance and mastery of new things such as Bitcoin and blockchain. Professional trading platforms such as Paxful have also "gone viral" and are known by more and more young people. On Sina Weibo (https://www.weibo.com/paxfulofficial), the #Bitcoin# topic has more than 200,000 posts and hundreds of millions of discussions.

It is worth mentioning that the short video app Douyin, which has swept the world with its youthful and trendy attitude, also has a large amount of professional digital currency content. Popular science Douyin creators such as Yan Bojun and Zhen Dahu have attracted more than 200,000 likes and tens of thousands of comments on blockchain-related content. With the improvement of the Chinese Internet content ecosystem and the combination of the authority and entertainment of popular science content, China's digital currency industry has entered the era of universalization.

In an interview with Cheddar, a well-known American financial media, Paxful CEO Ray expressed his optimism about digital currency because it not only challenges traditional finance, but also complements banks in a safer, freer and more economical way. Digital currency not only makes international settlement more convenient, but also avoids high bank fees and exchange rate fluctuations. In developing countries and regions, many young people without bank accounts can not only easily invest and manage their finances with the help of digital currency and trading platforms, but also make it easier to purchase materials and transfer money. In the interview, Ray mentioned that Paxful users in Africa, although they do not have bank accounts, use Bitcoin to buy daily necessities more easily from international sources. In the United States, because of the soundness of the personal banking system, digital currency settlement and payment are more common between small businesses, and Paxful has become a reliable financial partner for small businesses.

Last month, a study showed that 98.4% of American millennials were familiar with or interested in Bitcoin. Among Bitcoin users, 77.4% also use Ethereum, 71.6% use Litecoin, and 47.6% use Ripple. Similarly, in China, which has a population of 149 million people born after 1995, the enthusiasm for digital currency is even greater. Growing up in a superior material environment, the Chinese born after 1995 are not only more receptive to new things, but also more willing to invest in trends. Not only do they invest in digital currencies, they also heat up the global sneaker market. The born after 1995 use "Du APP" to speculate on shoes and Paxful to speculate on cryptocurrencies, rapidly refreshing the Chinese investment outlook at an astonishing speed.

This is not just a self-indulgent statement by young people. Jack Ma has also expressed his support for the blockchain industry in public interviews. "I personally am very optimistic about blockchain," he said. The trust of major business leaders in China and the United States in blockchain and digital currency has also set an example and led the way in jointly building a more standardized, more reliable, and more public-serving industry.

This article is for commercial promotion only and does not represent the position of Wabi.com. Cryptocurrency is a high-risk industry. Please invest with caution. We are not responsible for any losses!