{"headers":{"Content-Type":"application\/x-www-form-urlencoded"},"body":"source_lang=&target_lang=DE&tag_handling=xml&split_sentences=1&preserve_formatting=1&text=Research+shows+Australian+millennials+are+leading+crypto+adoption&text=According+to+research+by+Kraken%2C+millennials+in+Australia+are+driving+for+more+cryptocurrency+adoption+over+traditional+saving+means.&text=According+to+a+research+survey%2C+20%25+of+Australians+see+cryptocurrency+as+the+future+of+how+to+mortgage+as+opposed+to+traditional+saving.%0A%3Ch2%3EMillennials+in+Australia+leading+crypto+adoption%3C%2Fh2%3E%0AConducted+by+cryptocurrency+exchange+Kraken%2C+the+survey+investigated+how+Australians+across+different+age+groups+are+looking+at+crypto+and+digital+currencies+as+investment+options.+The+results+showed+that+young+Australians+in+the+millennial+bracket+are+starting+to+lean+towards+looking+at+cryptocurrency+as+a+better+option+for+the+future+of+funds%2C+with+nearly+25%25+seeing+the+value+of+traditional+cash+as+a+concerning+method+of+saving.+Almost+40%25+of+millennials+interviewed+see+cryptocurrency+as+a+valuable+alternative+to+buying+an+investment+property.+31%25+of+Generation+X+also+see+cryptocurrency+as+better+than+real+estate.+Only+24%25+of+Generation+Z%2C+however%2C+suggest+the+same.+%3Cstrong%3EBold%3C%2Fstrong%3E%0A%0AAccording+to+the+study%2C+22%25+of+those+surveyed+see+digital+currencies+like+Bitcoin+as+a+more+convenient+way+to+save+for+mortgage+deposits+than+fiat+or+other+traditional+accounts+and+saving.+%3Cstrong%3EBold%3C%2Fstrong%3E%0A%0AThose+in+the+age+of+baby+boomers%2C+though%2C+are+concerned+about+the+volatility+of+the+cryptocurrency+market.+Nearly+50%25+of+those+born+around+the+mid-1940s+to+the+mid-1960s+haven%27t+invested+in+cryptocurrency+because+of+the+concerns.%0A%3Ch2%3EKraken+investigating+the+adoption+of+cryptocurrencies+over+property%3C%2Fh2%3E%0AJonathon+Miller%2C+Kraken+Australia+Managing+Director%2C+noted+that+the+country+might+be+slightly+behind+the+United+States+in+cryptocurrency+adoption%2C+but+the+millennial+demand+is+growing.+In+terms+of+crypto+versus+property%2C+he+noted%3A+%3Cstrong%3EBold%3C%2Fstrong%3E%0A%0A%E2%80%9C%3Cem%3EAustralians+still+maintain+some+conservative+attitudes+toward+investment.+Property+has+been+a+cultural+norm+and+high+on+the+wish+list+for+most+investors%2C+but+as+affordability+continues+to+be+an+issue%2C+we%E2%80%99re+seeing+more+young+people+look+for+other+options+to+grow+wealth.+We%E2%80%99re+confident+that+as+more+investors+look+to+diversify+their+portfolios+and+seek+investment+opportunities+outside+of+the+traditional+offerings+we%E2%80%99ll+see+cryptocurrency+come+into+its+own+in+APAC.%E2%80%9D%3C%2Fem%3E","timeout":15}