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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,

“And 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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