Millennials use cryptocurrencies to pay for vacations and engage in AR/VR (Augmented Reality/Virtual Reality), according to a recent survey from US digital consultancy firm Publicis Sapient.
In the UAE, the UK, and the US, the survey included 3,000 Gen Z (aged 18 to 25), Millennial (aged 26 to 40), and Gen X (aged 41 to 57) participants. All three age groups cited cost as their “top concern,” however Gen X was found to be the generation least likely to be open to using cryptocurrencies for payments and using AR/VR to experience a destination before they arrive. According to the report, Gen Z members are “somewhat interested” in making payments using virtual assets. This benefits the UAE, which has a thriving tourism sector and a developing blockchain and cryptocurrency sector.
