One in four millennials invests its hard-earned money in the main Bitcoin digital currency instead of opening up traditional bank accounts. They claim that they earn more from their Bitcoin investments and that their money is safer, according to a survey.

Based on the survey conducted by Blockchain Capital, 70% of the 10,000 millennials who were surveyed said they were not satisfied. with the interest rates offered by the banks and nearly 65% ​​said that their money is safer in Bitcoin because they personally control it. The survey also showed that nearly two-thirds of the women surveyed started to break away from Bitcoin and invest in other digital currencies in order to diversify their portfolio.

Other highlights of the survey

their preference for Bitcoin as a form of investment, just under 50% of Millennials surveyed said that they are looking for Also a more convenient form of banking and 45% said that they want their banks to integrate Bitcoin wallets in their operation so that they can directly invest in cryptocurrencies through their existing bank accounts.

The survey also estimated that the majority of millennials will invest about two-thirds of their savings in virtual currencies. According to site founder Andrew Sung, the results of the survey showed that the younger generation is much more likely to embrace new technologies than its older counterparts.