A survey has found that the next generation of investors are no longer interested in stocks, looking rather at a new technology.

Bitcoin and associated currencies are ideally suited to the millennial mindset, the same mindset that has seen them fed up with banks and irritated at the hegemony of the old money and the traditional investment options.

Now, investing for this new generation is heading towards new currencies, digital currencies.

Two sides of the aging coin

As if Bitcoin and the related cryptocurrency market needed any more validation that it is the next wave of technology and investment, a survey has shown who the key demographic is.

A survey by venture capital firm Blockchain Capital found that about 30 percent of those in the 18 to 34 age range would rather own $1,000 worth of Bitcoin than $1,000 of government bonds or stocks.

The study of more than 2,000 people found that 42 percent of millennials are at least somewhat familiar with Bitcoin, compared with 15 percent among those ages 65 and up.