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Home»Analysis»More than 50% of millennials and Gen Z are likely to support crypto-friendly candidates in the 2024 US elections: Coinbase
Analysis

More than 50% of millennials and Gen Z are likely to support crypto-friendly candidates in the 2024 US elections: Coinbase

2023-10-28No Comments2 Mins Read
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Leading crypto exchange Coinbase says more than 50% of Americans born between 1981 and 2012 are likely to support candidates who support digital assets in next year’s US elections.

In a new blog post, Coinbase say that from recent studies conducted by research firm Bovitz, Inc. shows that a large percentage of American millennials and Gen Zers want their elected representatives to support crypto, which they believe will bring important social benefits.

Says Coinbase,

β€œAnd they’re taking action on crypto that goes beyond just owning it – they’re studying it in school, seeing it as a major source of jobs, and getting ready to advocate and vote for candidates in 2024 who will build the future and against those in favor of cryptocurrencies. a broken status quo.

Together, Millennials and Gen Z adults make up about 40% of the voting population today and will make up the majority of voting Americans by 2028. Half (51%) say they are likely to support crypto-friendly candidates in 2024. About two-in-five (39%) say politicians and policymakers should support technologies like cryptocurrency and blockchain to help future generations, compared to 28% of older Americans.’

The generational study included a June survey of 1,000 Americans belonging to the Gen Z, Millennial, GenX and Boomer generations, as well as interviews with 30 U.S. adults ages 18-59, according to the report quoted in the blog post.

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