Bitcoin and generation gap

[stompix]

Most of the kiddies I know, have nothing to do with Bitcoin and most people that invested are 40+.

What are we considering a kiddy? I mean im 24 and I would agree most people my age have zero idea what bitcoin is, but also most people in their 40s have no idea what it is either. If we take it a step futher I would claim but people my age and in their 40s dont even know what the S&P500 is. The vast majority of people are terrible with investing knowledge.

I'd even go a step further: 40+ people are the ones holding the biggest part of the Bitcoin cake.

Most likely...
After all people in their 20s don't have the financial means to compete with an adult with a really good, far over the average wage, unless they are coming from a wealthy family. But in this case it would still be the parents those that are putting the money into BTC.

And young one are most inclined to "live their life" rather than think about investments and the ones that are forced to seek work and search for income sources, again they don't have the funds for it.

Probably the youngest investors that hold some real stashes are the Winklevoss twins but even they are approaching 40, only 3 years to go.

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[Sale_man]

Actually you're right. The previous generations can't adapt with all knew technologie. We barely saw them starting to use smartphones. I don't think that older people would be interested in bitcoin. Money is not their problem since that they have retirement salary. Being a part of bitcoin community takes some knowledge and skills in using internet that they can't require.
Bitcoin is the future so we need to figure out ways to teach it to next generations intead of worrying about previous generations.

[cammie16]

I think the best way to explain it is bitcoin is a cryptocurrency and you can earn it for doing some task online, also they can earn it for free by claiming from faucets. This days people are searching on how to earn online so explaining it that they can earn money from earning bitcoins will encourage them to learn more info about this.

[franco123]

- snip -
the elder generation (people from 40’, for example), imagine bitcoin as something mysterious, fake and dangerous, though it is not. 
- snip -

Absolute nonsense.

I am over 40 years old, and I have been involved in bitcoin for nearly 6 years now.

My sister is more than 40 years old and she has owned and used bitcoin for more than 4 years now.

I have a co-worker that is more than 40 years old and, prior to working at this company with me, he worked for a company that paid his salary with bitcoin.

My father is more than 60 years old and he has owned and used bitcoin for more than 4 years now.

I don't personally know ANYBODY less than 30 years old that has any bitcoins at all, or that is involved in any way with bitcoin.

I have to agree with Danny on that. The majority of the people who approach me for help with Bitcoin is over 40 years of age. The

younger generation get bored very quickly and jump from one tech to the other to be hip and cool. {that is what the kids says} I

think many of the older people are nearing pensionable age and they are thinking of ways to supplement their pension or

retirement savings. {Younger people have the luxury of time in their favour, so they not really bothered with investments that

gives fast returns} 

Yes this are true. Although I get the points of the poster which means that since the younger generation is more on the technology, they tend to be the ones who will be able to accept Bitcoins.

In my case, I never known someone above 40 using Bitcoins. But I believe there are and is also a big number.

Maybe it is not question of age, but a question of knowledge to technology instead. And also the open mindedness to the idea of Bitcoins.

[Phalo]

Forty is not older generation. I agree with that as well. Personally I think people currently in their 40s were the pioneers of this technology. They are way more politically driven than any other generation. The thing is, I think most younger people are here just for the profits, unfortunately. That is why when there's a dump the forum is full of bitcoin is dead. I am in my early 40s. I tried teaching my nieces and nephews about Bitcoins (they are in their early 20s). They were not interested. One started paying attention when I mentioned profits

[ivrynx]

there is no generation gap when it comes to bitcoin, what i can see is, there is a difference between the acceptance of people who are into investing and those who do not. we can say that a man in his forty's, can still invest in bitcoin however, it will depend on his knowledge on investing and bitcoin that will matter, the same goes with those who are young. most older people, do not accept bitcoin as an investment, simply because they do not understand what investing is, since what they know is that getting a job will make you a living, however, if we look at those people who are in their forty's and know how to invest, it might be a different story. we can say that it is generation gap, because, older people, tend not to update their selves when it comes to technology, since they are not a line with it and not part of their job, however if it is part of their job, you might not see a generation gap, since both young and old knows what is the new technology. i think generation gap is not applicable here but knowledge is, there is a saying that you cannot teach an old dog new tricks, but that is true when it comes to pets, for us humans, understanding new things is different,we can easily adapt, just look at old people using smart phones, if you look at it, smart phones are relatively new, but they know how to use it, the same goes with bitcoin, though bitcoin is new, if they really wanted to learn more about bitcoin and investing, they can, since there is no age limit, it will all depend on their understanding.

[roddy5]

- snip -
the elder generation (people from 40’, for example), imagine bitcoin as something mysterious, fake and dangerous, though it is not. 
- snip -

Absolute nonsense.

I am over 40 years old, and I have been involved in bitcoin for nearly 6 years now.

My sister is more than 40 years old and she has owned and used bitcoin for more than 4 years now.

I have a co-worker that is more than 40 years old and, prior to working at this company with me, he worked for a company that paid his salary with bitcoin.

My father is more than 60 years old and he has owned and used bitcoin for more than 4 years now.

I don't personally know ANYBODY less than 30 years old that has any bitcoins at all, or that is involved in any way with bitcoin.

That is right, Bitcoin awareness really depends on the person.
Even if you are on your teenage years but you don't believe on it then you won't care of having one. It is one person's interest that let him go into bitcoin not his age.

Older people might have more interest on it since they understand how economics go more than younger ones.

[abstractednerve]

- snip -
the elder generation (people from 40’, for example), imagine bitcoin as something mysterious, fake and dangerous, though it is not. 
- snip -

Absolute nonsense.

I am over 40 years old, and I have been involved in bitcoin for nearly 6 years now.

My sister is more than 40 years old and she has owned and used bitcoin for more than 4 years now.

I have a co-worker that is more than 40 years old and, prior to working at this company with me, he worked for a company that paid his salary with bitcoin.

My father is more than 60 years old and he has owned and used bitcoin for more than 4 years now.

I don't personally know ANYBODY less than 30 years old that has any bitcoins at all, or that is involved in any way with bitcoin.

That is right, Bitcoin awareness really depends on the person.
Even if you are on your teenage years but you don't believe on it then you won't care of having one. It is one person's interest that let him go into bitcoin not his age.

Older people might have more interest on it since they understand how economics go more than younger ones.

I agree that it depends on the interest of person but what I have experienced so far is that younger generation adopts bitcoin very easily and they don't find it hard to learn but comparatively older generation hesitates in online stuffs as first of all they don't know how to use computer and the other thing is that they believe everything in online world is a scam so it becomes very difficult to convince them to use bitcoins.

[peterthegreat]

Bitcoin and the generation gap is natural. They will not understand it until they are forced to use it. Meanwhile the younger generation will be using it and learning it so if they don't learn and invest now they will miss out.

[odolvlobo]

Bitcoin and the generation gap is natural. They will not understand it until they are forced to use it. Meanwhile the younger generation will be using it and learning it so if they don't learn and invest now they will miss out.

Then, isn't ironic that the older generation must teach the younger generation about Bitcoin?

[BitcoinBallerina]

The generation gap will always be there and so you have to accept that older people will take longer to accept the changes and younger people that have researched how terrible fiat money is are going to have an easier time accepting the change to better money.

[HappyNonce]

In bitcoin is not only a generation gap but also a big gender gap that needs to be closed.

[Napole0n]

The discovery of bitcoin is a remarkable thing because it makes things easier, I never thought before that with bitcoin transactions can be done faster and safer when compared with fiat money transactions.

[ethereumhunter]

if we take a look with young generation, they are really enthusiasm with the new technology and they really open their eyes especially now they know bitcoin giving the opportunity to them. many young generation is realize that without technology, they can not know what is happen in out there so they accepted and use it and now we can found many of them is using bitcoin. that is right there is many older people join in bitcoin world because they knew bitcoin already but the young age don't want to missed the chance to take a part into this and i think in future, there will be many young age join into bitcoin.

[faceoff97]

Basically, bitcoin holder are often those who are internet people. All information related to bitcoin are all stored with the internet, it is dependent on the internet. In my country, majority of the people who has access with the internet are the young people. That is why its not surprising why mist of bitcoin holder in our country are the mellenials. People who are older are more in need of deeper explanation how bitcoin and internet work.

[hildacitra]

I think not all elder people are sceptical about bitcoin. for instance, my father, in his 60's he directly believe and understand about bitcoin after I explain it briefly. and he is interested in bitcoin and asks me to teach him to apply it

[RayvenPierre]

From my point of view, people from the younger generation are more open to new possibilities and opportunities and are more willing to take risks comoared to the older generations that are somewhat doubtful of new things. But I really don't think generation gap will be a problem if you will be explaining things properly and in a pace that they could understand easily.

[uzumaki]

Nowadays the “identity” of bitcoin is known well only amongst people, who are pretty much “into” the computer technologies and crypto-world. Others, especially the elder generation (people from 40’, for example), imagine bitcoin as something mysterious, fake and dangerous, though it is not. 
It’s technological contents are more than real and very helpful for the modern world. So, in terms of this situation, I would highly appreciate your help with coming up with easy and understandable lines for changing people’s thoughts and points of view on bitcoin. 

We never love if we never know just like bitcoin we never get a provit or benevit from bitcoin if we don't want to know what is bitcoin at truly if someone have a big desire to get knowlage of bitcoin they will know that bitcoin can give much of advantages No matter old or young people , someone who said that bitcoin is fake and dangerous is only someone who don't want to understain more about bitcoin.

[pat4cryptoreal]

Though it may be difficult to give orientation about bitcoin to older people but there are so many ways of convincing them. First and you must be seen as a trustworthy person and you have been giving the person a result oriented idea in the past then the person will always give you a listening ear in any other concept, idea or information you will give at any other time.

[Norihiro]

To conclude - I was wrong to call it "generation gap" in terms of accepting bitcoin and interacting with it.
Now I realise that the real problem that I encountered - is in certain people, who are, without dependence on age, just staying in the "comfort state" without the will to make a step outside.