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Author Topic: Young people will drive Bitcoin adoption more than the older generation.  (Read 2141 times)
South Park
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December 07, 2018, 04:29:49 PM
 #181

I agree which is the main reason of why I think the adoption of bitcoin and cryptocurrencies is going to take longer than expected, the technology is so innovative that many old people do not understand it and they do not want to do it, this is something similar to what happens now with people that refuse to use computers, it is something completely foreign to them and they do not get it, so we will need the current generation of young people to get older so we can access the older demographic and those that are young as well in the future.

For the older generation crypto is simply still too complicated and therefore only a few older people use crypto. So far thats are my own experiences of the last years with the older generation and crypto. Only if there is a 1 or 2 click solution for crypto, it will be interesting for the older generation. The handling of crypto has to become generally easier, so that all generations can use it.  Smiley
That is going to be difficult to accomplish, I really do not see how cryptocurrencies can be made any easier, in my opinion the main difficulty that comes with cryptocurrencies is the full responsibility that comes with them, if you make a mistake when you send your fiat you can always recover that money but that is not the case with cryptocurrencies so you need to take greater precautions when you are dealing with cryptocurrencies.



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December 07, 2018, 07:08:55 PM
 #182

We know that younger people these days are used to everything being faster and more efficient, because they have been exposed to technological innovation from their birth.

The younger people entered this world at a much faster pace than the older generation and they are being bombarded with choices like no generation before them. They are also used to instant gratification, because technology has enabled a world where things happens almost instantaneously.

Bitcoin is just another technology where things are done more efficiently and much faster than the traditional options available and the younger generation are drawn to these technologies, like a moth to a flame.

Bitcoin should be applied to all services where there are a need for more speed and efficiency, to draw in the younger generation that are constantly searching for that.

Do you agree? Let's discuss this and see if we can target the correct demographic with this technology.  Cool


I believe yes, because they are capable of dealing with the latest changes in our technology and society. They are smart enough to handle and adapt everything about bitcoin since it is the latest trend in the economy. New generation has a bigger advantage.
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December 07, 2018, 11:32:20 PM
 #183

We know that younger people these days are used to everything being faster and more efficient, because they have been exposed to technological innovation from their birth.

The younger people entered this world at a much faster pace than the older generation and they are being bombarded with choices like no generation before them. They are also used to instant gratification, because technology has enabled a world where things happens almost instantaneously.

Bitcoin is just another technology where things are done more efficiently and much faster than the traditional options available and the younger generation are drawn to these technologies, like a moth to a flame.

Bitcoin should be applied to all services where there are a need for more speed and efficiency, to draw in the younger generation that are constantly searching for that.

Do you agree? Let's discuss this and see if we can target the correct demographic with this technology.  Cool
I think the reason why the percentage of the young people who will adopt bitcoin has a high percentage than the older generation. Actually I have experienced with it,  my younger brother is now interested and now using bitcoin but my parents are still do not have care about it.

Many of the young Crypto currency advocates now are seeing Bitcoin as a soirce of income and studying Blockchain as much as the older generation did, It is surprisingly a good view for the young generation to discover and work with Bitcoin adoptation.
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December 07, 2018, 11:38:15 PM
 #184

I believe that the younger generation is the future of a nation and that is reflected in the spirit of learning, hard work and ambition to move forward. the introduction of the blockchain in the younger generation is rapidly spreading and right on target that causes crypto to grow and advance
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December 08, 2018, 12:46:51 AM
 #185

I agree completely with your assertion.
The older generation must be feeling that Bitcoin or blockchain is not worth the stress ,so they will look the other way.
But the younger generation would like to take adventures, explore every explorable experience and pursue the issue of blockchain technology to an amazing new height.
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December 09, 2018, 04:07:27 PM
 #186

I agree completely with your assertion.
The older generation must be feeling that Bitcoin or blockchain is not worth the stress ,so they will look the other way.
But the younger generation would like to take adventures, explore every explorable experience and pursue the issue of blockchain technology to an amazing new height.
This has happened all over the history of the world, when people are young they are always trying to find new ways to do stuff, but when they get old they prefer to try only those things that have been tested for a long time and it is up to the new generation of young people to find new paths that take us to new discoveries and inventions, that is a pattern that has happened before and it will keep happening.



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December 09, 2018, 05:50:36 PM
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 #187

The older generation must be feeling that Bitcoin or blockchain is not worth the stress ,so they will look the other way.
But the younger generation would like to take adventures, explore every explorable experience and pursue the issue of blockchain technology to an amazing new height.
I agree with what you're saying about the younger generation--that's always going to be true, which is why society and the world keep changing.  The younger generation always wants to improve what they see going on around them and they have the passion to do so.

I'm not so sure about what you said about "the older generation".  We don't even know how old Satoshi is for one thing, and for another I'm not sure which age groups you're talking about.  If you mean the geriatric population in their 60s and up, you might be correct--a lot of older folks are set in their ways and see no need for bitcoin or blockchain tech.  If you mean people 40-60 year olds, I would disagree.  If they understand what bitcoin is all about, they have the knowledge and experience to make their own decision about it.

In any case, the younger generation, i.e., individuals in their 20s and younger, they are going to be the ones to move the world forward, or whichever way it goes.  They're far more tech-savvy than older people and will find uses for both bitcoin and for blockchain tech.  I'm hoping they also find a cure for cancer as well, but we'll see.

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December 09, 2018, 06:03:38 PM
 #188

We know that younger people these days are used to everything being faster and more efficient, because they have been exposed to technological innovation from their birth.

The younger people entered this world at a much faster pace than the older generation and they are being bombarded with choices like no generation before them. They are also used to instant gratification, because technology has enabled a world where things happens almost instantaneously.

Bitcoin is just another technology where things are done more efficiently and much faster than the traditional options available and the younger generation are drawn to these technologies, like a moth to a flame.

Bitcoin should be applied to all services where there are a need for more speed and efficiency, to draw in the younger generation that are constantly searching for that.

Do you agree? Let's discuss this and see if we can target the correct demographic with this technology.  Cool
The blockchain technology is really good for businesses but I think it will not make young people excited about it. It is being exploited by a market banned by many governments around the world. So access is very difficult for young people.

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December 09, 2018, 06:28:58 PM
 #189

We know that younger people these days are used to everything being faster and more efficient, because they have been exposed to technological innovation from their birth.

The younger people entered this world at a much faster pace than the older generation and they are being bombarded with choices like no generation before them. They are also used to instant gratification, because technology has enabled a world where things happens almost instantaneously.

Bitcoin is just another technology where things are done more efficiently and much faster than the traditional options available and the younger generation are drawn to these technologies, like a moth to a flame.

Bitcoin should be applied to all services where there are a need for more speed and efficiency, to draw in the younger generation that are constantly searching for that.

Do you agree? Let's discuss this and see if we can target the correct demographic with this technology.  Cool
What you have explained here is the perfect truth. Besides, the youths have easy accessibility to digital technology which is what drives bitcoin. Also,  bitcoin is for the future, and only the young people will help in its sustainability and adoption.

Yes, the young generation is opened for everything new. They were born when the Internet existed already, and they do not take the cryptocurrencies as something very strange. They live in a digital world.
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December 09, 2018, 10:44:38 PM
 #190

Older people might find some problems unterstanding Bitcoin because it is different from what they know about money. Financially, Bitcoin promises to be profit for long term, so young people can wait for it to deliver the value they expect, but older people will not have patience, they will say what can I do with it after my death.
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December 09, 2018, 11:07:41 PM
 #191

We know that younger people these days are used to everything being faster and more efficient, because they have been exposed to technological innovation from their birth.

The younger people entered this world at a much faster pace than the older generation and they are being bombarded with choices like no generation before them. They are also used to instant gratification, because technology has enabled a world where things happens almost instantaneously.

Bitcoin is just another technology where things are done more efficiently and much faster than the traditional options available and the younger generation are drawn to these technologies, like a moth to a flame.

Bitcoin should be applied to all services where there are a need for more speed and efficiency, to draw in the younger generation that are constantly searching for that.

Do you agree? Let's discuss this and see if we can target the correct demographic with this technology.  Cool
It is also the amswer that I got through my observation. There are more young generation will adopt bitcoin than older generation. It seems that older generation doesn't have care to the cryptocurrencies.

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December 09, 2018, 11:25:53 PM
 #192

My believe has always been this too. Bitcoin and cryptocurrencies are designed to be used by this new generation of young people and the future. The older generation have little or nothing to contribute apart from allowing favourable government policies to support crypto.

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December 10, 2018, 02:23:23 AM
 #193

I think it is because of the tradition that keep changing. I also agree to you that the young people adopt bitcoin more than the older generation. It is the reason why the bitcoin is still in the early stage. We will see the boom of the bitcoin in the next 5 years.
The young generation is the bearer of change. This is very much related to developing technology, mainly triggered by the internet that has created many digital business opportunities. Adopting bitcoin is certainly a reasonable solution considering that it is very easy to conduct digital transactions, while the older generation does not master that technology. For the next 5 or 10 years, the digital world will increasingly dominate trade where the role of bitcoin as a payment tool is increasingly being used.
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December 10, 2018, 02:34:08 AM
 #194

We know that younger people these days are used to everything being faster and more efficient, because they have been exposed to technological innovation from their birth.

The younger people entered this world at a much faster pace than the older generation and they are being bombarded with choices like no generation before them. They are also used to instant gratification, because technology has enabled a world where things happens almost instantaneously.

Bitcoin is just another technology where things are done more efficiently and much faster than the traditional options available and the younger generation are drawn to these technologies, like a moth to a flame.

Bitcoin should be applied to all services where there are a need for more speed and efficiency, to draw in the younger generation that are constantly searching for that.

Do you agree? Let's discuss this and see if we can target the correct demographic with this technology.  Cool
Yeah young generations might only think of something that may give them gains. I mean most of them get into this industry just to make money out of Bitcoin and other crypto without knowing Bitcoins purpose of existence as it was created as a new form of currency for all classes of society. They may not even appreciate the the works of Satoshi but it doesn't matter as long as they are still part of the Bitcoin community. Older ones or the pioneering Bitcoiners has a lot of ideas and memories from the day it was created and from that Bitcoin will remain on their hearts no matter what.
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December 10, 2018, 02:45:38 AM
 #195

The younger people always curious about something new and they will try to find out more about that. And if they know about bitcoin by heard from the news, I am sure that they will try to read more and more and will keep searching until they can use properly. They will tell other friends about bitcoin and ask them to join with them because the younger people aware of the technology and they have a big passion for accepting the new technology. We can see that in their social media, many of them introduce something new that will influence the other to use it together and I am sure that the younger people will help to introduce bitcoin/cryptocurrency and it will be accepted among them.

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December 11, 2018, 08:42:40 AM
 #196

We know that younger people these days are used to everything being faster and more efficient, because they have been exposed to technological innovation from their birth.

The younger people entered this world at a much faster pace than the older generation and they are being bombarded with choices like no generation before them. They are also used to instant gratification, because technology has enabled a world where things happens almost instantaneously.

Bitcoin is just another technology where things are done more efficiently and much faster than the traditional options available and the younger generation are drawn to these technologies, like a moth to a flame.

Bitcoin should be applied to all services where there are a need for more speed and efficiency, to draw in the younger generation that are constantly searching for that.

Do you agree? Let's discuss this and see if we can target the correct demographic with this technology.  Cool


I believe yes, because they are capable of dealing with the latest changes in our technology and society. They are smart enough to handle and adapt everything about bitcoin since it is the latest trend in the economy. New generation has a bigger advantage.
The actual reason is that new generation accept the new technology and they want the new technology and they learn from the academies about them so it is not hard for them to adopt while the old generations just hear about it from their younger ones on whom they do not rely much for their knowledge.
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December 11, 2018, 10:22:42 AM
 #197

For me, as far as the younger generations are more into technology and development, older people tends to be more interested in social medias only. Here in our place, older people are much interested about communications applications like Facebook, Skype, Youtube and etc. and not that interest with much more that the technology can offer. Millennials are also into that but because they grow up with the technology already developing therefore suiting their needs and wants. And just like what others have said, younger generations are more open to new ideas and are likely to be more corrupted with Internet.

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December 11, 2018, 11:06:44 AM
 #198

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Yeah young generations might only think of something that may give them gains. I mean most of them get into this industry just to make money out of Bitcoin and other crypto without knowing Bitcoins purpose of existence as it was created as a new form of currency for all classes of society. They may not even appreciate the the works of Satoshi but it doesn't matter as long as they are still part of the Bitcoin community. Older ones or the pioneering Bitcoiners has a lot of ideas and memories from the day it was created and from that Bitcoin will remain on their hearts no matter what.

The world is big, so of course we can find some young people who are less tech savvy than some older guys, but in most cases the situation is the opposite. It is much easier to explain the advantages of blockchain technology to young people than to elders(60+), and mostly because old people don't want to even start listening. Most people of older age think they already know everything they need for life, and they are extremely hesitant in accepting anything which is new and unknown to them. I think if the average age of the Securities and Exchange Commission were around 30, we would have at least a couple of ETFs approved already.

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December 11, 2018, 01:32:45 PM
 #199

We know that younger people these days are used to everything being faster and more efficient, because they have been exposed to technological innovation from their birth.

The younger people entered this world at a much faster pace than the older generation and they are being bombarded with choices like no generation before them. They are also used to instant gratification, because technology has enabled a world where things happens almost instantaneously.

Bitcoin is just another technology where things are done more efficiently and much faster than the traditional options available and the younger generation are drawn to these technologies, like a moth to a flame.

Bitcoin should be applied to all services where there are a need for more speed and efficiency, to draw in the younger generation that are constantly searching for that.

Do you agree? Let's discuss this and see if we can target the correct demographic with this technology.  Cool

yes you are right more young people are adopting bitcoin than the older generation. because they have mastered the world of technology. and for the older generation I think they are not too interested in cryptocurrency. if more and more young people contribute with crypto, the cryptocurrency will grow. young people have fresh minds so they can issue new ideas that can be useful for cryptocurrency.

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December 11, 2018, 02:40:26 PM
 #200

We know that younger people these days are used to everything being faster and more efficient, because they have been exposed to technological innovation from their birth.

The younger people entered this world at a much faster pace than the older generation and they are being bombarded with choices like no generation before them. They are also used to instant gratification, because technology has enabled a world where things happens almost instantaneously.

Bitcoin is just another technology where things are done more efficiently and much faster than the traditional options available and the younger generation are drawn to these technologies, like a moth to a flame.

Bitcoin should be applied to all services where there are a need for more speed and efficiency, to draw in the younger generation that are constantly searching for that.

Do you agree? Let's discuss this and see if we can target the correct demographic with this technology.  Cool

yes you are right more young people are adopting bitcoin than the older generation. because they have mastered the world of technology. and for the older generation I think they are not too interested in cryptocurrency. if more and more young people contribute with crypto, the cryptocurrency will grow. young people have fresh minds so they can issue new ideas that can be useful for cryptocurrency.
- I can not deny that young people are involved in the electronic world and study new technologies better than older generations, this is also very helpful to them but it can also bring about side effects, and I believe that a lot of people have often heard about these warnings, technology can kill people. Although the younger generation is progressing with bitcoin but they are also fascinated by this technology, the overwhelming benefits of bitcoin have led them to abandon study, give up work, give up a whole future, that's really scary
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