Was Bitcoin designed for the younger generation?

[HistoLock]

Bitcoin is for all classes of people, all classes of people from all countries of the world can participate. Bitcoin is not for only one class, Bitcoin was not created that way. Bitcoin was created by Satoshi in such a way that it is applicable to any person in any era. In the early days of Bitcoin, investors were generally more interested in the younger generation. Gradually, as Bitcoin gained popularity, people from all walks of life began to express interest in Bitcoin. However, it must be remembered that Bitcoin is gradually moving towards a stage where all traditional methods are being removed and people are now losing interest in paper money and giving importance to Bitcoin, where the younger generation believes in such removal.

Yes, you have noticed it is definitely true that if we observe specifically, we will find that it is not written anywhere that Bitcoin is for a certain class of people. I think it would be wrong to think that Bitcoin is for a certain class of people or only for the young generation. But I think many people think that the young generation is ahead of them and that is why they will focus on it. Yes, it is definitely winning at the moment, the young generation is quite familiar with investment and they invest in it and are interested in investing. But I think that as time goes by, the number of Bitcoin investors will increase. Not only young people but also adults invest in Bitcoin and Bitcoin has opportunities for them.

[HelliumZ]

Bitcoin is not only for the Young Generation, not for Old Generation. However, the Young Generation will get more benefits than Bitcoin. Satoshi Nakamoto Bitcoin Creation did not produce Bitcoin, considering only one generation, but Bitcoin was created because all generations got benefits from Bitcoin. However, in the evolution of time, the Old Generation is very interested in Bitcoin as well as the Young Generation. In the initially, all the investors who were in the initials were the Young Generation, but since the popularity of Bitcoin, all kinds of people and nations, from Old Generation to Bitcoin, have begun to emphasize Bitcoin.

Yes. In fact to answer this we must first understand why bitcoin was created. In essence, the main idea of ​​Bitcoin is to create a payment system that does not depend on third parties but on technology. So Bitcoin as a digital currency allows us to send money directly to other people via the internet, without intermediaries such as banks.

So with the concept offered by bitcoin, we can conclude that bitcoin was created for everyone, regardless of generation, ethnicity, religion, country and others. Everyone can use Bitcoin as long as you understand how it works.

Yes, Satoshi himself did not create Bitcoin for a specific generation, but rather to modernize the payment system. He made an important statement while creating Bitcoin, where he said that he created Bitcoin as an alternative to the traditional banking system.
Bitcoin is capable of removing all the barriers that exist in banks and paper money. Since Bitcoin was created to modernize the payment system here, it is equally accepted and applicable to people of all generations.

[Ricardo11]

Surely Bitcoin wasn't created with specifications for the younger generation, however it's panning out that it's characteristics happen to align more with the younger generation.

Younger people resonate more with technology and Bitcoin is inherently digital. The older generation appear to be sceptical when it comes to new technology and would prefer the traditional Commercial banking systems for their basic and complex transactions.

Personally I think what matters most is a sincere desire to be open to new technologies alongside openness to move a little from the flat currencies.

Could more be done to include the older generation?

The current younger generation is well-versed in technology. In addition, the current generation is familiar with digital transactions and accepts it naturally.
In this regard, I think Bitcoin digital currency is naturally compatible with the new generation. But since the older generation is dependent on the banking system, they are skeptical about adopting new technologies. Adopting new technologies requires not only understanding, but also training and mindset.
An open mindset is important here, as you said. And educational initiatives are needed to develop this mindset. So if we want to include the older generation, we will not only have to create technology, we will also have to educate them, and provide a step-by-step acceptance process.
As a result, Bitcoin will become acceptable not only for the current youth but also for a larger section of society.

[RealNoblee]

Apparently Bitcoin is for all ages, but the younger generations, particularly Generation Z (born 1997-2012) participate more in Bitcoin and cryptocurrency than older generations due to their comfort with digital technologies.

Furthermore, they are more likely to see digital assets as a key part of their financial strategy, viewing crypto as a digital-native alternative to traditional assets. 

[finaleshot2016]

Surely Bitcoin wasn't created with specifications for the younger generation, however it's panning out that it's characteristics happen to align more with the younger generation.

Younger people resonate more with technology and Bitcoin is inherently digital. The older generation appear to be sceptical when it comes to new technology and would prefer the traditional Commercial banking systems for their basic and complex transactions.

Personally I think what matters most is a sincere desire to be open to new technologies alongside openness to move a little from the flat currencies.

Could more be done to include the older generation?

The current younger generation is well-versed in technology. In addition, the current generation is familiar with digital transactions and accepts it naturally.
In this regard, I think Bitcoin digital currency is naturally compatible with the new generation. But since the older generation is dependent on the banking system, they are skeptical about adopting new technologies. Adopting new technologies requires not only understanding, but also training and mindset.
An open mindset is important here, as you said. And educational initiatives are needed to develop this mindset. So if we want to include the older generation, we will not only have to create technology, we will also have to educate them, and provide a step-by-step acceptance process.
As a result, Bitcoin will become acceptable not only for the current youth but also for a larger section of society.

New generation born with the rise of technology so that's why we can adapt so well in every new technology unlike old generation who's very traditional. But if an old gen people are interested about Bitcoin, it's just easy because you just need to watch or read, a lot of infographics out there in social media and also there are many contents about it on YouTube. I believe majority even the older ones can take advantage of it, in fact, they're the one who's benefitting from the massive pumps right now so I believe that no matter what kind of asset it is, as long as there is money involved, people will take that path.

[kotajikikox]

Bitcoin is not only for the Young Generation, not for Old Generation. However, the Young Generation will get more benefits than Bitcoin. Satoshi Nakamoto Bitcoin Creation did not produce Bitcoin, considering only one generation, but Bitcoin was created because all generations got benefits from Bitcoin. However, in the evolution of time, the Old Generation is very interested in Bitcoin as well as the Young Generation. In the initially, all the investors who were in the initials were the Young Generation, but since the popularity of Bitcoin, all kinds of people and nations, from Old Generation to Bitcoin, have begun to emphasize Bitcoin.

Yes. In fact to answer this we must first understand why bitcoin was created. In essence, the main idea of ​​Bitcoin is to create a payment system that does not depend on third parties but on technology. So Bitcoin as a digital currency allows us to send money directly to other people via the internet, without intermediaries such as banks.

So with the concept offered by bitcoin, we can conclude that bitcoin was created for everyone, regardless of generation, ethnicity, religion, country and others. Everyone can use Bitcoin as long as you understand how it works.

Yes, Satoshi himself did not create Bitcoin for a specific generation, but rather to modernize the payment system. He made an important statement while creating Bitcoin, where he said that he created Bitcoin as an alternative to the traditional banking system.
Bitcoin is capable of removing all the barriers that exist in banks and paper money. Since Bitcoin was created to modernize the payment system here, it is equally accepted and applicable to people of all generations.

It’s for no one specifically however we should acknowledge that because bitcoin was created at this time then the upcoming generations are the ones that will benefit from it the most. Making bitcoin more accessible to that generation has become easier due to all the innovations and developments. Ones that we might not even have today yet.

[famososMuertos]

::///::
Could more be done to include the older generation?

I didn't think there was any doubt about that question. Not because it was specifically designed for the younger generation, but because of what it was truly designed for.
That is, if you had that answer clear, it would completely eliminate your idea on throughts.
So, you have to understand why this innovative idea is among us, then to summarize, perhaps we could say that it arrived at the 'right' time and only seeks to change the traditional banking paradigm, hence it doesn't matter if you're 99 years old, you'll understand it. It doesn't matter if you were born yesterday; of course, you'll understand it in the future.

The idea is simple, I think it's you who makes the  ​​what Bitcoin is confusing.

[Makus]

Surely Bitcoin wasn't created with specifications for the younger generation, however it's panning out that it's characteristics happen to align more with the younger generation.

Younger people resonate more with technology and Bitcoin is inherently digital. The older generation appear to be sceptical when it comes to new technology and would prefer the traditional Commercial banking systems for their basic and complex transactions.

Personally I think what matters most is a sincere desire to be open to new technologies alongside openness to move a little from the flat currencies.

Could more be done to include the older generation?

Well aside these facts that you have given, one of the reason I feel bitcoin is for the younger generation is because the long term holders are the most profitable when it comes to bitcoin investment and talking about time, we are all aging ever second and not everyone actually grows really old. However starting early helps to eliminate the fear of leaving your coins behinds when death comes, I'm not saying yound people don't die but at least it's not a normal age to die if nothing abnormal happens. And just as you have said the old are more comfortable with physical assets.

[Cgrexp]

Surely Bitcoin wasn't created with specifications for the younger generation, however it's panning out that it's characteristics happen to align more with the younger generation.

Younger people resonate more with technology and Bitcoin is inherently digital. The older generation appear to be sceptical when it comes to new technology and would prefer the traditional Commercial banking systems for their basic and complex transactions.

Personally I think what matters most is a sincere desire to be open to new technologies alongside openness to move a little from the flat currencies.

Could more be done to include the older generation?

If we want to connect the older generation with Bitcoin or digital currency, then some steps need to be taken in this regard. The technical usage may seem complicated to them. Moreover, the fluctuations in the currency may affect them. In this case, they need to be reassured about its use and security with real examples. In this case, the younger generation can help their elders in their families with technology. As a result, the acceptability of digital currency will increase a lot.

[Fivestar4everMVP]

Surely Bitcoin wasn't created with specifications for the younger generation, however it's panning out that it's characteristics happen to align more with the younger generation.

Younger people resonate more with technology and Bitcoin is inherently digital. The older generation appear to be sceptical when it comes to new technology and would prefer the traditional Commercial banking systems for their basic and complex transactions.

Personally I think what matters most is a sincere desire to be open to new technologies alongside openness to move a little from the flat currencies.

Could more be done to include the older generation?

I believe that when Satoshi was creating bitcoin, he or they had no particular generation in mind, bitcoin was created for all who would find it interesting and embrace it, and this includes both the older and the new generation, bitcoin is for all persons from all and different walks of life, and it's also not created to take out fiat money system completely, but was created to act as an alternative, a very good and reliable alternative.

So if you ask me, I would say that there is nothing that can be done presently to include the older generation in the adoption of bitcoin because they are already included right from the start of this all, it's absolutely up to them that can to embrace bitcoin or continue with their old way of holding and managing money, no body is being forced to do something he or she isn't willing to, we all have the liberty to choose where and how to invest and manage our money respectively speaking.

[BlackBoss_]

I believe that when Satoshi was creating bitcoin, he or they had no particular generation in mind, bitcoin was created for all who would find it interesting and embrace it, and this includes both the older and the new generation, bitcoin is for all persons from all and different walks of life, and it's also not created to take out fiat money system completely, but was created to act as an alternative, a very good and reliable alternative.

Satoshi Nakamoto has a very long term vision when creating Bitcoin from how he chose the 21 millions as Bitcoin total supply and in his posts for example like his predictionon Bitcoin adoption and price in the future.

I believe that the Bitcoin founder actually had his plan of building up Bitcoin for the present generation as well as many future generations.

Why is Bitcoin's supply limited to 21 millions?

According to an email purportedly shared between Nakamoto and Bitcoin Core contributor Mike Hearn, Satoshi reasoned that if 21 million coins were to be used by some fraction of the world economy, 0.001 BTC (1 mBTC) could be worth around €1. This prediction came true back in 2013, when Bitcoin first broke through the €1,000 price point; today, each mBTC is currently worth closer to €8.25.

Although Satoshi compares the price of Bitcoin to the Euro in his email, some simple mathematics indicates he may have had a much grander vision for Bitcoin—better explaining why the 21 million maximum figure was chosen.

At the time of Bitcoin's creation, the entire world's money supply stood at approximately $21 trillion. This figure, known as the M1 money supply, is made up of the total value of all the physical money in the world, including cash, coins, travelers' checks, and more.

If Bitcoin were to grow to become the single world currency—replacing all those that the M1 figure is comprised of—then each BTC would be worth $1 million. Because there are 100 million satoshi in each Bitcoin, this would place the value of each satoshi at $0.01.

The email.
https://nakamotostudies.org/emails/satoshi-reply-to-mike-hearn/

In one of his posts on What's with this odd generation?

Right.  Otherwise we couldn't have a finite limit of 21 million coins, because there would always need to be some minimum reward for generating.  In a few decades when the reward gets too small, the transaction fee will become the main compensation for nodes.  I'm sure that in 20 years there will either be very large transaction volume or no volume.