Why are so many millennials buying into cryptocurrency? Do they know something you don’t?

Instead of pinstriped traders watching their client’s investments, it’s millennials trading blockchain intel over flat whites. Now, virtual banking apps allow you to buy and sell digital currencies as easily as paying for a packet of bacon fries.

Anyone who hosted Avon parties in the Nineties or took a cash nixer will understand the appeal of an extra few bob on the side. But what has changed is the potential level of returns. Last year Bitcoin outperformed gold.

Perhaps it’s useful to consider the overall financial landscape facing those born between 1981 and 1996. Despite being better educated, this generation is worse off financially than their parents.

Younger citizens may indeed need that side hustle just to reach the life goals their parents considered basic. Infantilising commentaries about entitled millennials’ avocado spend overlook this reality.

In Ireland today, the proposition of going to college, hustling in a good job to raise a…