Most millennials don't plan to use Bitcoin
Bitcoin is still a novelty and hasn't achieved widespread adoption as a currency, but some believe Millennials will be more open to using it. A new survey from Goldman Sachs Global Investment Research indicates that Millennials have mixed feelings about Bitcoin so far.
- A slight majority - 51% - haven't used Bitcoin, and don't plan to use it in the future.
- However, a solid 27% have used Bitcoin before.Twenty-two percent are active users, and another 5% have tried it before but don't plan to adopt it again.
- The final chunk - 22% - haven't used it but might in the future.
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Bitcoin activity is relatively small globally. Only 4 to 8% of Bitcoin wallets contain bitcoins - the rest are empty. And global daily Bitcoin-based retail sales are an estimated $2.3 million, which would represent just .015% of total daily retail sales in the US ($15 billion), according to data acquired by Reuters.
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