Busan Will Use Cryptocurrencies to Revitalize Population and Attract People!
To many, cryptocurrencies may seem like they are for the young, but a South Korean city is turning the tables and using it to tackle the problem of an aging population. A look at social media shows that young people, especially Gen Z, dominate the crypto industry. Additionally, triple A statistics show that 72% of crypto holders are under the age of 34. By 2021, nearly 50% of people between the ages of 25 and 40 are comfortable with crypto investments.
It is believed that if a country adopts crypto-friendly regulations, that country may receive immigration from young people currently residing in a country that has an anti-crypto stance. Busan, one of South Korea’s most aging cities, plans to experiment with cryptocurrencies to appeal to a young, crypto-savvy population — and lower the age of the current population. According to Bloomberg, around 21% of the Busan population is over 65. Not only Busan but also Korea in general is experiencing a rapid increase in the aging population.
Source: www.Pipsafe.com – Busan Will Use Cryptocurrencies to Revitalize Population and Attract People!
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