Nearly two-thirds of Gen Z think they’ll become crypto millionaires

Re:Nearly two-thirds of Gen Z think they’ll become crypto mi... by sergiomattei on Thursday November 25, 2021 @01:41PM (#29343788)

Anecdotal evidence, but most Gen Z folks I know (I'm Gen Z) either don't know how to use crypto or think it's a scam similar to Forex.

I'm wondering about the audience they surveyed.

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Re:Nearly two-thirds of Gen Z think they’ll become crypto mi... by thebean11 on Thursday November 25, 2021 @02:01PM (#29343954)

Confused by your forex comment..do gen z folks know what that is? It’s not a scam..

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Re:Nearly two-thirds of Gen Z think they’ll become crypto mi... by rsynnott on Thursday November 25, 2021 @02:11PM (#29344057)

Forex _trading_, as promoted to normal people, is often very, very scammy. Obviously foreign exchange, in itself, isn't.

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Re:Nearly two-thirds of Gen Z think they’ll become crypto mi... by hardlianotion on Thursday November 25, 2021 @02:04PM (#29343994)

As practiced by the majority of established banks in the UK, it is.

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Re:Nearly two-thirds of Gen Z think they’ll become crypto mi... by bradleyjg on Thursday November 25, 2021 @02:07PM (#29344016)

Within a rounding error, retail forex trading is a scam.

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Re:Nearly two-thirds of Gen Z think they’ll become crypto mi... by sergiomattei on Thursday November 25, 2021 @02:06PM (#29344003)

There's a whole scam artist community around it.

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Re:Nearly two-thirds of Gen Z think they’ll become crypto mi... by didon15 on Thursday November 25, 2021 @02:10PM (#29344048)

Just as there is with the us stock market and penny stocks.

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