Despite its stature as the oldest and most valuable cryptocurrency, Bitcoin remains an enigma to much of Generation Z due to slanted news coverage. Media reports overemphasize fraud, hacks, and price crashes, deterring many Gen Zers from taking the time to understand Bitcoin. But the scandals and criminal activity associated with Bitcoin are not much different from those involving other currencies, such as the U.S. dollar.
Bitcoin serves as an alternative to the government-issued fiat currencies we are all so familiar with. And Bitcoin doesn’t discriminate, allowing individuals worldwide to access, purchase, and trade it independently via their devices, regardless of gender, race, or cultural background. Additionally, it shields against inflation. Unlike the dollar and other fiat currencies, Bitcoin has a fixed supply and cannot be created out of thin air.
in U.S. history. The Federal Reserve’s tinkering with interest rates is not stabilizing the economy in the post-COVID years. With this as our starting point, how will Gen Z realize the “American Dream"?