2024

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 <p class="paragraph">A survey revealed that 86% of crypto-owning parents have purchased or plan to buy cryptocurrency for their children’s financial future. The research shows that parents believe in the long-term value of cryptocurrencies and want to educate their children about this asset class.</p>
 <p class="paragraph">According to the study published in March by <em>CouponBirds</em>, 45.2% of U.S. parents who own cryptocurrency have already purchased some for their children. Moreover, an additional 40.6% plan to buy cryptocurrency specifically for their children in the future. This indicates a strong belief among parents in the potential of cryptocurrencies as a long-term investment.</p>
 <figure class="wp-block-image size-full"><img decoding="async" width="1000" height="628" src="https://cdn.thebittimes.com/images/2024/04/21/fc546c28ef09a0bcbf572a4aa1652ebc.webp" alt class="wp-image-170556" srcset="https://cdn.thebittimes.com/images/2024/04/21/fc546c28ef09a0bcbf572a4aa1652ebc.webp 1000w, https://cdn.thebittimes.com/images/2024/04/21/fc546c28ef09a0bcbf572a4aa1652ebc.webp 300w, https://cdn.thebittimes.com/images/2024/04/21/fc546c28ef09a0bcbf572a4aa1652ebc.webp 768w" sizes="(max-width: 1000px) 100vw, 1000px">
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   Crypto parents who have invested on behalf of their children. Source: <em>CouponBirds</em>
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 </figure>
 <h2 class="wp-block-heading" id="h-parents-believe-in-crypto-s-long-term-value">Parents believe in crypto’s long-term value</h2>
 <p class="paragraph">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.</p>
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 <p class="paragraph">Remarkably, 81.4% of parents believe <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currencies will be more valuable in the next 10 years, regardless of their <a rel="noopener noreferrer nofollow" title="invest" href="https://thebittimes.com/tag/invest.html">invest</a>ment decisions. This indicates widespread optimism about the long-term prospects of digital currencies.</p>
 <p class="paragraph">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.</p>
 <h2 class="wp-block-heading" id="h-educating-kids-about-cryptocurrencies">Educating kids about cryptocurrencies</h2>
 <p class="paragraph">The survey also reveals that 79% of parents believe today’s children will use cryptocurrencies as a mainstream currency for payments. Despite the current low adoption rate for everyday transactions, parents see a future where digital currencies are widely accepted.</p>
 <p class="paragraph">Additionally, 37.5% of respondents consider cryptocurrency the best long-term investment for their children, surpassing traditional options like savings accounts (18.7%) and stock/index funds (8.3%).</p>
 <figure class="wp-block-image size-full"><img decoding="async" width="1000" height="587" src="https://cdn.thebittimes.com/images/2024/04/21/8ee1987bd183d520ba430eeb502470e8.webp" alt class="wp-image-170557" srcset="https://cdn.thebittimes.com/images/2024/04/21/8ee1987bd183d520ba430eeb502470e8.webp 1000w, https://cdn.thebittimes.com/images/2024/04/21/8ee1987bd183d520ba430eeb502470e8.webp 300w, https://cdn.thebittimes.com/images/2024/04/21/8ee1987bd183d520ba430eeb502470e8.webp 768w" sizes="(max-width: 1000px) 100vw, 1000px">
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   37.5% of parents see cryptocurrency as the best asset for their children’s future. Source: <em>CouponBirds</em>
  </figcaption>
 </figure>
 <p class="paragraph">On that note, one-third of parents (33.3%) directly invest in crypto to educate their children about this asset class. Moreover, 81.2% of all parents surveyed believe that the younger generation should learn about the crypto market in school. This highlights the growing importance of financial literacy in an increasingly digital world.</p>
 <p class="paragraph">In conclusion, the <em>CouponBirds</em> survey reveals a growing trend among parents to <a rel="noopener noreferrer nofollow" title="invest" href="https://thebittimes.com/tag/invest.html">invest</a> in <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currencies for their <a rel="noopener noreferrer nofollow" title="children" href="https://thebittimes.com/tag/children.html">children</a>’s <a rel="noopener noreferrer nofollow" title="future" href="https://thebittimes.com/tag/future.html">future</a>. With a strong belief in the long-term value of digital currencies and a desire to educate the younger generation, parents are embracing <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currency as a viable <a rel="noopener noreferrer nofollow" title="invest" href="https://thebittimes.com/tag/invest.html">invest</a>ment option.</p>
 <p class="paragraph">As the world continues to evolve, it is clear that cryptocurrencies will play an increasingly important role in shaping the financial landscape for future generations.</p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/long-term-vision-parents-invest-in-crypto-for-their-children-s-future-tbt85898.html">https://thebittimes.com/long-term-vision-parents-invest-in-crypto-for-their-children-s-future-tbt85898.html</a></p>

Long-term vision: Parents invest in crypto for their children’s future

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