# Professor Scott Galloway shares his views on bitcoin's popularity with millennials

1 Faculty News December 12, 2017 ![CNBC logo](/sites/default/files/styles/246w/public/assets/images/con_034412.gif?itok=MRidxYS3)>

Excerpt from [CNBC](http://https://www.cnbc.com/2017/12/12/nyus-scott-galloway-on-bitcoin.html) -- "'It's basically young people saying they have no faith in our institutions,' [Galloway](http://www.stern.nyu.edu/faculty/bio/scott-galloway) told CNBC's 'Squawk Alley' Tuesday. 'As we lose faith in institutions, it goes up.'"

[Read more](http://https://www.cnbc.com/2017/12/12/nyus-scott-galloway-on-bitcoin.html)