Millennials, a generation beleaguered by student debt, low pay and a lack of savings, can rewrite their financial narratives using Bitcoin (BTC) and cryptocurrency according to a panel discussion at this year’s BlockShow summit in Singapore.

During the discussion, Prince identified three major Bitcoin adoption trends that are inextricably linked to Millennials and younger investors: The ongoing wealth transfer from Baby Boomers to the young via inheritances, the growth of alternative assets and shifting preference for everything digital.

Alternative assets under management topped $10 trillion globally in June, up more than 55% from 2013, according to data provider Preqin. Although much of that shift has occurred at the institutional level, Millennials will play an increasingly vital role in this market.

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