The acceptance of Bitcoin by the younger generation to me is a welcome developme

[Bitcoin_people]

The younger generation is currently most interested in connecting with everything digital. The young people of this digital generation prefer online currencies over paper money. Especially in the current era, the popularity of Bitcoin and its privacy and value increase, and Bitcoin is at the top as a smart currency. I think that the future generation of young people will show more progress towards Bitcoin than the current generation, at present we trust Bitcoin a lot. The way we are constantly seeing the level of investment in Bitcoin increase, it will become the most popular currency close to people in the future. Already, every Dan Coin has been invested as their acceptable currency and future asset for a long time, so we, the young generation, will be more trustworthy on Bitcoin.

[Jubilee58]

I believe bitcoin investment is a welcomed development to  the younger generation, because bitcoin is still a new technology in the digital market compared to stock and forex that has been there long ago.But despite that, it has made Young millionaires because of the growing interest among young people , the old people don't believe so much in bitcoin, the reason being that , they do not have the full knowledge of how it works , some of them look at bitcoin investment as a scam because of it's volatility nature . But the younger generation has come to embrace it because they understand it and millionaires are being made from it.

[free-bit.co.in]

And banks will definitely be replaced by Bitcoin, that's for sure.

Will Bitcoin replace banks just because it is more profitable than banks?

No offense, but if you think bitcoin will replace banks just because of that then you don't seem to understand the role and mission of banks in the world economy. Banks is not just an institution that deposits money and pays interest, or just a system that is used only to make payments. They are a very important financial institution because they provide most of the financial related services to help people, businesses and also help sustain our economy.

Can Bitcoin provide financial loans to businesses, provide insurance services, and more importantly, can it act on behalf of banks to regulate the economy through monetary policies?

[Questat]

And banks will definitely be replaced by Bitcoin, that's for sure.

Will Bitcoin replace banks just because it is more profitable than banks?

No offense, but if you think bitcoin will replace banks just because of that then you don't seem to understand the role and mission of banks in the world economy. Banks is not just an institution that deposits money and pays interest, or just a system that is used only to make payments. They are a very important financial institution because they provide most of the financial related services to help people, businesses and also help sustain our economy.

Can Bitcoin provide financial loans to businesses, provide insurance services, and more importantly, can it act on behalf of banks to regulate the economy through monetary policies?

There is no way bitcoin will replace the position of banks. And why do some people here still insist that bitcoin will take place banks position in the future when even Satoshi himself does not see bitcoin like that, but he invented bitcoin so we can gain financial freedom without the banks and government’s intervention. We can be our own bank with bitcoin but it does not mean that bitcoin will definitely replace the banks from its existence.

Generally, people will still favor banks over bitcoin. It can co-exist with banks but it can never stop the banks from its operations.

[Promocodeudo]

The economy in our different countries is hitting the older ones that are doing 9/5 collar jobs so hard and some of them are finding it difficult to keep up with their basic needs so the younger ones are doing everything possible to rewrite their story by skipping the 9/5 collar jobs and probably escaping the same fate as the older generation by accepting Bitcoin and investing in it massively. Bitcoin has proven itself over the years that it is worthy of every hype it gets globally and the younger generation understands the crypto space better. We the younger generation are thinking smart and we choose Bitcoin investment to make good returns.

You're right, the younger generation are becoming very wise, they aren't ready to see white collar jobs as the ultimate means of survival as the older generation did, so they coming up with strategies and possible means to survive the whole thing, the tech space will be more interesting in the coming days because the younger generation is shifting much attention to these area thereby making it very lucrative as such it will keep booming, people are becoming very wise especially the younger generation, as Bitcoin keeps declining and coming up, some of these guys are out there buying seriously because they understand that, it is not the first time all this is happening and for that they aren't ready to look back because they don't want to complain again.

[pawanjain]

This generation is actually looking for were to invest their money and earn returns.The banks are not helping here because even if you save your money in the bank it amounts to nothing because the interest rate is so low.

This generation has started looking for other options because they are now aware that saving money in banks is not very helpful.
The reason is because it hardly beats the inflation, let alone grow our money. So if we our money is not growing then that is something to be concerned of.
Hence, people these days look for better investment opportunities and invest in crypto for diversification and growth.

[Agbe]

Is there any data or research that shows Bitcoin has significant adoption as a store of value or as a mainstream investment from young people.  Maybe it is a common belief but no evidence to support it.  Yes, some young people are interested in Bitcoin, but it is very questionable they are using it instead of traditional savings.  I dont know, maybe Im wrong, but Id like to see some concrete data. At least I havent come across any.

Even though there is no official data to show that Bitcoin has been officially adopted by the younger generations of people you don't need any data to show that the people who are more affiliated to Bitcoin are the younger generations compared to the older once who are still struggling to come to terms with the reality on ground this is because Bitcoin has beaten the traditional banking systems and has given more opportunities to the younger generations by way of investment opportunities

[dezoel]

the younger generation are becoming very wise, they aren't ready to see white collar jobs as the ultimate means of survival as the older generation did, so they coming up with strategies and possible means to survive the whole thing, the tech space will be more interesting in the coming days because the younger generation is shifting much attention to these area thereby making it very lucrative as such it will keep booming, people are becoming very wise especially the younger generation, as Bitcoin keeps declining and coming up, some of these guys are out there buying seriously because they understand that, it is not the first time all this is happening and for that they aren't ready to look back because they don't want to complain again.

Well, because they grew up watching those white collar job people amount to anything. Those are us, they saw us, they saw that if we do end up with the same life, then we will not have anything, so we should change something. Look at us, we work, we work hard, and we do not end up with anything, we are in debt, and we didn't get anything like our parents did. I do own my home, you know how?

Because I inherited it, not because I can afford to buy one. I mean we are talking about about 100 months and more worth salary to buy a house, that's insane for me, I would never be able to. Hence, they know they can get nowhere with this, so they are focusing on some other world, some other method, in order to make some money.

[Promocodeudo]

Well, because they grew up watching those white collar job people amount to anything. Those are us, they saw us, they saw that if we do end up with the same life, then we will not have anything, so we should change something. Look at us, we work, we work hard, and we do not end up with anything, we are in debt, and we didn't get anything like our parents did. I do own my home, you know how?

Because I inherited it, not because I can afford to buy one. I mean we are talking about about 100 months and more worth salary to buy a house, that's insane for me, I would never be able to. Hence, they know they can get nowhere with this, so they are focusing on some other world, some other method, in order to make some money.

You're right, you know what? When I was reading through your text I felt emotional at some point because this is exactly what those young folks has come to realize and most of them with this mindset are growing in the tech world, you can never hear some of them say I want to work in an industry, the tech space has open their eyes, many of them are now much exposed that they don't want to make mistake of their fathers and grandfather that work all their life and became poorer after retirement, just imagine such bullshit, the younger generation is think from a very much different dimension, the new guys are really trying to make a good leaving differently.

[Oluwa-btc]

Hopefully,the younger generation are open to new innovations and technology.Bitcoin is one of them,their acceptance of Bitcoin shows interest and adaptability to Financial technology.Bitcoin gives the younger generation a chance to participate in wealth creation in diverse ways.

[Frankolala]

And banks will definitely be replaced by Bitcoin, that's for sure.

This wouldn't be possible because the government owns fiat and controls the economy through fiat. Bitcoin and fiat will always work hand in hand. Bank will continue to exist because bitcoin is currently used more as an investment than a currency. You can say that youths will invest in bitcoin and only hold fiat for their daily spending.