New Generation of Parents Using Bitcoin to Give Allowances?

New Generation of Parents Using Bitcoin to Give Allowances?

In a testament to the growing adoption of bitcoin across generations, a study revealed that younger parents are starting to use the cryptocurrency to give funds to their children. Some of these are used by their kids to make purchases on iTunes or as credits in online gaming apps while others rely on bitcoin for allowances. In particular, a third of the parents included in the poll opt to transfer a weekly amount into their children's digital bank accounts. This research was conducted by financial technology firm, Intelligent Environments, and included 2,000 parents in the survey. Bitcoin....


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