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Author Topic: Millennials trust Bitcoin more than Fiat!  (Read 1726 times)
pereira4
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June 10, 2015, 10:39:13 PM
 #21

This is definitely a blanket statement. Bitcoin awareness/usage is still low in all sections of society, millennials or otherwise.
If Bitcoin becomes popular with the younger generation, then the demise of fiat will be hastened.  Wink

Unfortunately, most people are and the young generation barely hears about bitcoin.

Yeah, you`ll get a few kids hyped up about it. But, when I go into twitch which has more of the younger generations, most people havent heard about it at all which is sad to hear.

Only the kids that are into geeky shit have heard about BTC, or the smartest ones into drugs because of silk road, the average young guy has absolutely no notions on Bitcoin or anything economical for that matter. They dont even know what fiat currency is.
yayayo
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June 11, 2015, 12:13:36 AM
 #22

That's not surprising at all. Millennials are reaping the benefits of the Keynesian experiment... Cheesy

I think there are more people than ever becoming aware of the fact that the current fiat system is a gigantic Ponzi scheme.

Grumpy old guys like me trust gold even more than $ or BTC...

Bitcoin is a lot like gold in an economical, therefore I like it as well.

ya.ya.yo!

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Harry Hood
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June 13, 2015, 03:28:11 PM
 #23

This good and positive sign that everyday more and more bankers and traditional traders are leaving fiat currency and joining bitcoin and blockchain technology.Bitcoin is to stay and rule the next financial system of world.

I don't think this is a sign that bankers or "traditional" traders are leaving fiat. No one is saying that. It is good when major financial firms are paying attention to bitcoin and talking to the press about it. This regular press leads to greater awareness and it takes away some of the mystery or "misguided concern" that casual users might have about bitcoin right now.

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June 15, 2015, 02:10:07 AM
 #24

This is definitely a blanket statement. Bitcoin awareness/usage is still low in all sections of society, millennials or otherwise.
If Bitcoin becomes popular with the younger generation, then the demise of fiat will be hastened.  Wink

Unfortunately, most people are and the young generation barely hears about bitcoin.

Yeah, you`ll get a few kids hyped up about it. But, when I go into twitch which has more of the younger generations, most people havent heard about it at all which is sad to hear.

Only the kids that are into geeky shit have heard about BTC, or the smartest ones into drugs because of silk road, the average young guy has absolutely no notions on Bitcoin or anything economical for that matter. They dont even know what fiat currency is.

The first that I heard about bitcoin was for silk road and both were pretty foreign concepts to me at the time.  The newest generation is pretty tech-savvy and I think the ease of just getting an app to hold bitcoin funds in it is a cool idea, especially for kids that are not yet working regular jobs.
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