Before the era of ‘all I want for Christmas is you’, things were a lot simpler, like pet rock simple. Yes you heard it right. Back in the day, like way back in 1975, the title of the most popular children’s present was held by the ‘Pet Rock’. And it was exactly as it sounds, there was no false advertising whatsoever. It was literally just a smooth rock, which you could keep as a pet minus all the responsibilities that came with keeping it alive.
And as weird and lame as it might sound right now, it was all rage back then. Every era brought with a different fad of toys, there was the Rubix Cube in 1980, Jenga in 1987 and then we evolved to move on to the Talkboy, which was a portable cassette player and a recorder, in 1993. Of course its popularity had something to do with Kevin McCallister using it in Home Alone 2. There even was an era of Tekno the robotic puppy. You get the point.
Now the question arises, what do you get a generation that has pretty much moved over all these trends? Of course the kids of today, aren’t as impressed by barking robot dogs or pet rocks or even cash, they are much more evolved than that. It seems that ‘all they want for Christmas is virtual currency’.
According to the consumer report released by investment bank Piper Jaffray this week, the latest trend of the century of virtual currencies, has over taken cash and gift cards as the choice Christmas gift. So don’t be surprised if your teenager’s Christmas list consists of only cryptocurrency or V-bucks. If you are out of the gaming scene, you should know that V-bucks, in fact have nothing to do with cryptocurrencies. They are the virtual currency that is used in the popular video game, Fortnite.
And while you might be compelled to roll your eyes at these “millennials”, there is a solid reason behind their wish list. As the trend of virtual currency is growing, it has become a big business in the video gaming industry. Fortnite, actually requires cash from the players if they are looking to upgrade their gaming experience or even for changing their avatar. It costs $9.99 to purchase $1,000 V-bucks, which kids and parents have clearly been forking out for, as the game has grossed more than $300 million since it launched in March.
Since we are officially past toy trucks, action figures and Barbie dolls, crypto is a good way to go about Christmas this year. Plus the prices are down, so you could totally use that to your advantage. Merry crypto shopping!