The new generation of young people, known as the Decentralized Generation or “Generation D”, is characterized by being made up of young people between 15 and 23 years old, with innate technological skills, who for the most part have never entered the traditional labor market.
As reported to Cointelegraphin Argentina, the service industry (computer science and programming, professional services, designs, among others), exported a total of US$5.7 billion annually in 2020, mainly to the European Union and the United States, becoming the second largest exporter in the country, after the oilseed-cereal crop. Most of these exporters are young people from the so-called “Generation D”.
This generation represents a group of young people who have begun their professional experience, offering their services abroad according to their needs and values, such as flexibility, remote work, anonymity and dynamism, thus seeking their formulas to consume. Defining what they want and how they want it.
crypto ecosystem
It is expected that this year decentralized projects will gain even more prominence among users who are already operating within the crypto ecosystem, as well as among novices.
According to Celina Nieman, CO-CERO of Definant, the self-custodial Latin American wallet developed by Argentines, “The security and privacy offered by non-custodial products will be the turning point for users in a scenario that poses regulations”.
In this line, Argentines go hand in hand with the consolidation of the crypto world at an international level and even more so, with its establishment in the region, which increases its users every day and especially young people who seek these values offered by the so-called Web 3.0.
In this way, the so-called Generation D will be consolidated, which will also offer more democratic financial solutions, in a scenario that considers regulations.
Consequently, Celina Nieman explains that “From the platform we come to accompany and make this change easier.”
“A change in the global financial system is imminent. Soon, it will not matter where each person was born, access to universal currencies, through a cell phone, without bureaucratic barriers and with low shipping costs is already possible. And it’s going to reshape the economy as we know it. By force, it will contribute to a more democratic and just world. That change is being led from here: Latin America”, said Nieman.
business optics
According to the records of Bitwage, a platform for payment of fees in cryptocurrencies used mostly by freelancers and service exporters, Argentines grew 250% during the pandemic, with an average of USD 2,500 billed per person.
Raúl Ortiz Head of Business at Bitwage explains that:
“The Argentine service industry is successful thanks to the very good level of education, which is still free. In addition, there is a high percentage of people who speak English. And the time zone similar to the United States helps a lot.”, adding that,
“The economic situation also means that crypto adoption is great and many developers or programmers are inclined to this industry, making Argentina a very interesting hub of talent for that ecosystem,” Ortíz concludes.
Disclaimer: The information and/or opinions expressed in this article do not necessarily represent the views or editorial line of Cointelegraph. The information set forth herein should not be taken as financial advice or investment recommendation. All investment and commercial movement involve risks and it is the responsibility of each person to do their due research before making an investment decision.
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