Crypto investment might actually lead to more college dropouts, based on a new study. As of the moment, many people across the globe are trying to take advantage of the rising values of Bitcoin, Solana, Ethereum, and other digital coins.
This illustration photograph taken on July 19, 2021 in Istanbul shows a physical banknote and coin imitations of the Bitcoin crypto currency. (Photo by Ozan KOSE / AFP)
Cryptocurrencies became more popular when the global COVID-19 pandemic started. At first, most people are still hesitant because the blockchain industry is quite unstable.
But, after seeing that many individuals became rich after they took the risk and invested in cryptocurrencies, they accepted the rising digital coins.
Crypto Investment Might Encourage College Dropouts
According to Forbes' latest report, U.S. residents and other individuals believe that going to college will allow them to have a better financial status.
This photo illustration shows a Vietnamese cryptocurrency investor looking at the latest Bitcoin values on a smartphone in Hanoi on April 12, 2018. - Vietnam has vowed to tighten regulations on cryptocurrencies as authorities investigate an alleged multi-million-dollar fraud in the country, where digital units are traded in a shadowy and unregulated market.
Also Read: Crypto Watch: The Future of Cryptocurrency is Coming, But Will It Include Bitcoin? Web3 Rises
However, this mindset seems to shift slowly as many crypto investors who don't have college degrees now earn an enormous amount of money.
Around 40% of men in the United States tend to purchase cryptocurrencies. Most of them are between the ages of 18 to 19 years old.
On the other hand, 40% of those who prefer going to college aren't receiving that much salary. Almost 30% of college students earn less compared to those who decided to work after finishing high school.
Because of this, many Americans now prefer learning more about cryptocurrencies instead of going to college. If you want to see more details about the new crypto study, you can visit this link.
Rising Nations Now Accept Cryptocurrencies
ZDNet reported that rising nations and countries are now more open-minded in cryptocurrency investments compared to already developed nations.
Toluna, a consumer analyst firm, conducted a global survey. The agency discovered that more and more people in India, Thailand, Australia, Singapore, as well as Asia-Pacific regions, are now entering the blockchain market.
In other news, authorities are now warning influencers about misleading crypto promotions. They said that those who are caught doing it can be jailed.
Meanwhile, the new crypto Web3 movement is now hiring tech experts from Google, Amazon, and other tech giants.
For more news updates about cryptocurrencies and other related topics, always keep your tabs open here at TechTimes.
Related Article: Blockchain Gaming Firm Animoca Cuts Service to Russian Customers Amid Ukraine Crisis
This article is owned by TechTimes
Written by: Griffin Davis
