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Parents believe in crypto’s long-term value
Notably, the most common reason for purchasing crypto for children is the belief that prices will appreciate over time (52.6%). However, education (33.3%) and currency debasement (30.7%) are also key factors driving parents’ decisions.
These findings suggest that parents see cryptocurrency as a valuable learning opportunity and a hedge against traditional financial systems.
Remarkably, 81.4% of parents believe cryptocurrencies will be more valuable in the next 10 years, regardless of their investment decisions. This indicates widespread optimism about the long-term prospects of digital currencies.
Furthermore, 82.3% of parents said their crypto purchases for children are on a “set it and forget it” basis, with no intention of trading or selling before their children take ownership.
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