Research: Out of distrust of the banking system, millennials may tend to turn wealth to Bitcoin

According to Bitcoinst, the latest research from the Pew Research Center states that millennials born between 1981 and 1996 still remember the global economic crisis. Most of them are adults, entered the labor market during the worst of the recession, and many are now heavily in debt. Therefore, huge mistrust of the banking system is common among this group, and they are likely to tend to transfer wealth from the banking system and traditional assets to Bitcoin.