Facing Up to Crypto’s Gen Z Stigma
The future of crypto lies in the hands of a generation that does not appreciate it. As a sophomore in college, I have witnessed this firsthand. In theory, college students should be the most open to using consumer-facing applications with incentive structures. They are too old for their parents to cover their expenses but not old enough for a full-time job. However, they are skeptical of crypto products. From my vantage point, the hesitation to use these applications stems from a lack of trust in the system, or that the incentives are simply too good to be true. People believe this primarily because of the content they are consuming. In a world of Instagram and TikTok, crypto is losing a major information war. The majority of content on these platforms pertaining to crypto is disingenuous (at best) and malicious. This content is popular because "sob stories" rack up views. People posting videos of how they got "rugged" on a memecoin or lost their money in a hack attracts 100x more view
Facing Up to Crypto’s Gen Z Stigma Opinion Facing Up to Crypto’s Gen Z Stigma Students should be among the earliest adopters of Web3. But, currently, they’re not using the tech in the numbers we might expect, says Benjamin Sturisky, research analyst at Delphi Digital and president of Gator Blockchain. By Benjamin Sturisky | Edited by Benjamin Schiller Updated Sep 3, 2024, 3:06 p.m. Published Sep 3, 2024, 2:30 p.m. 4 min read Make preferred on Share Share this article Copy link X (Twitter) LinkedIn Facebook Email Make preferred on Excited university students (Getty Images) The future of crypto
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