Diar Facebook users may be too old for GlobalCoin

The cryptocurrency created by Facebook may face a demographic problem. According to Diar researchers, the audience of the social network is becoming more and more age-related, so there may be a shortage of investors.

 

According to a research, more than 50% of Facebook users are over 35 years old. They are not so knowledgeable about cryptocurrencies and their potential compared to the younger generation.

 

In addition, the researchers write, Facebook will most likely look to countries with underdeveloped financial infrastructure to launch its cryptocurrency, as the company did in India earlier with WhatsApp Pay.

 

“Given that in the US, only 10% of Facebook users, the most likely scenario would be to appeal to the maximum number of fiat currencies,” the report says.

Leave a Reply

Your email address will not be published. Required fields are marked *