Kraken’s research team, Kraken Intelligence, says that millennials and members of the Generation X group could very easily inherit close to $70 trillion via Bitcoin (BTC) sometime in the future.
The team made this known in a report dubbed “Inhering USD & Acquiring BTCs: How ‘The Great Wealth Transfer’ Will Fuel ‘The Great Bitcoin Adoption.”
According to the report“While this can be explained in part by the fact that both generations harness a greater technological competence than their elders, we should also consider that bitcoin’s current volatility is unsuitable for individuals nearing or in retirement.”
Kraken recently announced its decision to put some focus on the Indian market, following the Supreme Court’s declaration of crypto as legal.
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