![]() The ad was for Coinbase, a cryptocurrency exchange, and when you scanned the code, it took you to a promotional page that promised you $15 of Bitcoin for creating an account.” ( Bringing Innovation to Market, Inc.) This year, the most-talked-about ad was a simple QR code that changed color as it bounced around the screen for 30 seconds. This new generation of investors has drawn so much attention to the digital world of money that this year's past Super Bowl audience was enticed after seeing a floating QR code. For people who believe in that promise, investing in cryptocurrency represents a way to earn high returns while supporting the future of technology.” Bitcoin has created an attractive opportunity for millennials and gen-z who look to make money quick and easy.Īt this point in time it is typical to know at least one person in your bubble that has invested, is planning to invest, or is learning how to invest in cryptocurrency. The hope of obtaining large amounts of money continues to suck young investors into the thrill of big returns.Īccording to Investopedia, “Cryptocurrency is an attractive investment to people who believe in the future of digital currencies. ![]() NPR correspondent David Gura states, “Cryptocurrencies have been around for more than a decade now and the market has grown rapidly since then with its estimated value approximately $1.5 trillion”.Įssentially, Bitcoin and other cryptocurrencies are just the transfer of digital assets in a rapidly growing unregulated trade industry. What makes cryptocurrency so notable is that it is not controlled by or linked to any government, therefore allowing free and unregulated exchange. ![]() These “coins” are investments containing tradable assets that you can use to buy and sell goods. So, when you break things down, it looks like this: Cryptocurrency is just a fancy long word meaning 100% virtual money, and is often referred to as Bitcoin, Coinbase, Ethereum, Dogecoin, etc. ![]()
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