Almost 40% of the young Spaniards are considering investing in crypto: survey
Almost 40% of the young Spaniards are considering investing in crypto: survey
According to a current study, 38 % of Spaniards between 25 and 40 are planning to enter the cryptocurrency market in the coming months. In addition, 21% of the participants have already invested in Bitcoin or some old coins.
rave Spaniard in crypto?
The Spanish Neobank rebellion
The investment in digital assets is the most contracted investment product among the locals between the ages of 25 and 40, since a fifth admitted, to have already assigned money. In second place, pension funds and deposits (19%). The survey also resulted in the most important reasons for young people to catch the crypto flood. 27 % of the participants consider this to be a “good investment”, while 27 % Bitcoin and the old coins praised as “the future of payment transactions”. Nevertheless, the knowledge on this topic has to be improved, since 17% replied that they do not know anything about crypto. Sergio Cerro - the CEO of Rebellion - said that digital assets would be an important "factor that must be taken into account in the future". He emphasized that it was now time that companies like his assumes the asset class: "The world of payment transactions is experiencing a change and it is now time to decide whether we want to participate in this change or not. It is a matter of time before big institutions and organizations begin to accept them as a means of payment." Young Spaniards are not the only part of the local society that supports the crypto industry. After another test report were at some point with blockchain technology in Touch came. While active users were 11 %, this still represents significant growth compared to the 1 % at the end of 2019. In addition, 46% of large companies in Spain support the integration of distributed Ledger technology to increase their security in the future. Jesús Rodríguez, CEO of the technology company Realsec-pointed out that the use of blockchain solutions is growing in Spanish industry, but still has to be worked on: "New economy requires the introduction of new business models based on digital innovation. In this context, Blockchain is perceived as an efficient technology in 2020 that contributes to reducing costs and risks and one of the most important technological strategies that want to include a large number of companies."
. blockchain technology penetrates
in Spain
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