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Cryptocurrencies are now considered a "trendy gift" for young people, but when it comes to actually receiving gifts, Generation Z's thoughts are much more complex.
On the surface, this generation's acceptance of digital assets is quite good. Visa's data shows that about 45% of Generation Z would be excited to receive cryptocurrencies as a gift. For those who grew up on social media, digital assets are not just a string of numbers but also a cultural phenomenon they have witnessed.
But acceptance does not equal genuine need. The reality is often harsher. Wyatt, a young investor who once suffered losses due to Solana's crash, is open-minded about receiving cryptocurrencies, but those with real market experience tend to be more cautious. 22-year-old Russell Kai admits that if he receives crypto, he would likely cash out immediately and turn to more stable options—such as rent subsidies, savings, or stocks.
What this generation is truly anxious about is not short-term volatility. Bitcoin's significant fluctuations this year are now commonplace; they are more worried about stagnation. When traditional life paths like buying a house and settling down seem increasingly distant, cryptocurrencies have become a seemingly accessible "breakthrough." This is the real motivation driving them to engage with this market.