The Christmas holidays are almost upon us and with it comes the inevitable question “what do you want for Christmas?” For teens in the United States, it seems two new trends are emerging. They either want V-Bucks for Fortnite or cryptocurrency. That latter part is somewhat surprising, though it also shows the maturity of Bitcoin and altcoins.
It’s All About Fortnite and Cryptocurrency
The popularity of Fortnite has not gone unnoticed. It is one of the hottest online free-to-play games around the world. Its native in-game currency, known as V-Bucks, lets players buy in-game items. One V-Buck is priced at $0.01, which makes it relatively easy to buy large amounts. This currency does not offer in-game advantages. Instead, it is primarily used for cosmetic purposes.
Given the popularity of Fortnite, its V-Bucks are in high demand. Teens, especially, tend to ask for them as a Christmas gift. This trend is noteworthy, as its demand surpasses cash, gift cards, or other gadgets. Only one other form of money comes even close in terms of popularity. Slowly but surely, more teens are warming up to the idea of owning cryptocurrencies.
How high the demand for cryptocurrency is exactly remains difficult to predict. Surveys are always relatively limited in terms of the number of people questioned so the results do not necessarily represent the sentiment of all US teens. Even so, cryptocurrency is on the rise in a significant manner. Together with V-Bucks, both forms of digital money seem to fit the digital-first way of living that teens engage in.
Cryptocurrency Makes for Great Gifts
Current cryptocurrency prices make for relatively appealing investments. Additionally, it makes it easier to gift Bitcoin or Ethereum to others. Combined with a paper wallet solution, they can make for a great present. Keeping cryptocurrency safe at all times needs to be a top priority. Paper wallets serve their role in this regard.
This new survey confirms the whims of teens are changing dramatically. They seem to favor the digital side of finance first and foremost. Physical money holds little value to them. More and more transactions occur in a digital manner, and Fortnite V-Bucks illustrate that point perfectly.
How teens plan to use cryptocurrencies, is anyone’s guess. The usability of Bitcoin and top altcoins remains incredibly limited. It seems teens mainly see Bitcoin as an investment for the future. Although current prices may not show it, there is a likely chance the markets will recover. Bitcoin reached a value of over $19,000 not that long ago. There is no reason to believe that will not happen again in the future.
Where does cryptocurrency rank on your Christmas list? Let us know in the comments below.
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