It’s more than just millennial madness fueling the “Cryptomania Cash-In” craze.
It’s more than distrust directed at the conventional monetary/fiat currency system that’s making them seek alternatives outside the establishment.
They’re mad about the current political system, particularly in the United States. Once upon a time in the Land of Opportunity, polls showed the future was brighter than the present. Not anymore. According to a Harvard study, a mere 14 percent of young Americans believe the country is headed in the right direction.
Democrats and Republicans! Millennials, now the biggest voting block in the US, despise both parties. That same study showed less than 30 percent believe either party cares about people like them.
And, a recent NBC News poll found a strong majority of millennials — 71 percent — say the Republican and Democratic parties do such a poor job of representing the American people that a third major party is needed.
TREND FORECAST: The new American political party will not simply mirror the European populist brand. While it will reflect some of those principles, we forecast a “progressive-libertarian” movement that supports lost liberal principles of no foreign entanglements, no government interference into private lives, and a nation whose resources are directed to the public good rather than special corporate interests.