Proceedings of the 2022 4th International Conference on Economic Management and Cultural Industry (ICEMCI 2022)

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Research on the Acceptance and Benefits of Virtual Currency among People of Different Age Groups in North America

Authors
Bohan Zhang1, *
1University of California San Diego, San Diego, California, 92093, United States
*Corresponding author. Email: boz012@ucsd.edu
Corresponding Author
Bohan Zhang
Available Online 27 December 2022.
DOI
10.2991/978-94-6463-098-5_104How to use a DOI?
Keywords
Virtual currency; Acceptance; Benefit; Ease of Usage; Usage Behavior
Abstract

Virtual Currency is a peer-to-peer platform, whereby it conveys an entirely different approach compared to the traditional banking system. Virtual currency is not guaranteed by any government or organization because nobody owns the platform. Under the context of the increased adoption of virtual currency across North America among different groups, this study emphasizes the evaluation of the acceptance and benefits of virtual currency among people of different age groups in North America. The researcher applied a quantitative research approach as the preferred research method of the study. The purposive sampling was utilized to obtain a sample size of 12 individuals who are involved in the virtual currency market in North America. The findings of the study illustrate that there is a profound association between the acceptance and benefits of virtual currency and age. Young people between the age of 18 and 25 utilize virtual currency more frequently compared to other age groups.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2022 4th International Conference on Economic Management and Cultural Industry (ICEMCI 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
27 December 2022
ISBN
78-94-6463-098-5
ISSN
2352-5428
DOI
10.2991/978-94-6463-098-5_104How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Bohan Zhang
PY  - 2022
DA  - 2022/12/27
TI  - Research on the Acceptance and Benefits of Virtual Currency among People of Different Age Groups in North America
BT  - Proceedings of the 2022 4th International Conference on Economic Management and Cultural Industry (ICEMCI 2022)
PB  - Atlantis Press
SP  - 908
EP  - 914
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-098-5_104
DO  - 10.2991/978-94-6463-098-5_104
ID  - Zhang2022
ER  -