A survey revealed that 86% of crypto-owning parents have purchased or plan to buy cryptocurrency for their children’s financial future. The research shows that parents believe in the long-term value of cryptocurrencies and want to educate their children about this asset class.
According to the study published in March by CouponBirds, 45.2% of U.S. parents who own cryptocurrency have already purchased some for their children. Moreover, an additional 40.6% plan to buy cryptocurrency specifically for their children in the future. This indicates a strong belief among parents in the potential of cryptocurrencies as a long-term investment.
Crypto parents who have invested on behalf of their children. Source: CouponBirds
37.5% of parents see cryptocurrency as the best asset for their children’s future. Source: CouponBirds
On that note, one-third of parents (33.3%) directly invest in crypto to educate their children about this asset class. Moreover, 81.2% of all parents surveyed believe that the younger generation should learn about the crypto market in school. This highlights the growing importance of financial literacy in an increasingly digital world.
In conclusion, the CouponBirds survey reveals a growing trend among parents to invest in cryptocurrencies for their children’s future. With a strong belief in the long-term value of digital currencies and a desire to educate the younger generation, parents are embracing cryptocurrency as a viable investment option.
As the world continues to evolve, it is clear that cryptocurrencies will play an increasingly important role in shaping the financial landscape for future generations.