Totally false “survey.” It claims to represent Gen Z adults and millenials. It does not.
The article was written to convince people to get into “crypto”. That advice is very bad advice. It is no better than advising people to buy lottery tickets as a retirement strategy.
Crypto is based entirely on the expectation of future increases, and those expectations are based on the hopes of a continuous stream of new investors, which the article is trying to create.
The problem is that the dollar is constantly losing value because the government is constantly issuing new dollars. People try to avoid getting hurt by the loss of value, and seek stability by other means. Crypto is not going to provide that stability. It’s up to government to stop creating new dollars.
In addition, the money printing is causing even more loss of faith in the dollar as the reserve currency.
There is an MLM component to Crypto. I’ve known several people who got into it and spammed their FB feed with it.
Again, I am not a crypto guy, but the valuation of equities, fixed income, real estate, and other assets are ALL based on the expectations. A company's stock is valued off the expectation future earnings and revenues and a variety of other factors, and it can drop to zero in a default or bankruptcy or liquidation scenario. In addition, helicopter drops of money impact equity valuations, too, as does the rush of new investors to that company's stock who bid up the price.
I totally get that crypto isn't backed by hard assets, and that's a legitimate concern IMHO.