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Author Topic: Young people will drive Bitcoin adoption more than the older generation.  (Read 2141 times)
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December 11, 2018, 02:59:21 PM
 #201

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
right, of course it depends on each person's self-control. many feel successful in bitcoin, then they forget their obligations as students. of course this will damage the nation's generation

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December 11, 2018, 03:12:02 PM
 #202

Young generation has more knowledge in the computer and internet world.
Cryptocurrency is based over the internet and young are more eager to try new technology than oldies.
This new generation will make the crypto much better and adapt world wide.
also they are more adventurous who can make new business (even small) but will accept crypto especially BTC.
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December 11, 2018, 03:40:28 PM
 #203

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.
Not only that, once you are older you cannot take as many risks as when you are young, this is because you do not have as much time left in this world as before so if you make a mistake it is going to be almost impossible to recover from it and so older people are very suspicious about most new ideas and prefer old ideas and methods that are not going to give them great profits but that will not give to them great losses either.



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December 11, 2018, 06:17:59 PM
 #204

Yes I agree with it because there is fact that young people easily understand the latest technology and adopted these technologies. and Blockchain industry is this initial stage and young generation find their future in it. What happen now a days in school, colleges students are mostly use to have entrepreneur mindset that's they have adoped bitcoin ( blockchain) more than older generation.

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December 12, 2018, 12:28:55 AM
 #205

Young people already born in digital world and they more understand how to use technology. Many old people think bitcoin is a scam or a buble. I think its true that young people will drive bitcoin adoption in the future.

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December 12, 2018, 01:35:09 AM
 #206

Its a good point that the younger generation will adopt bitcoin more but we
cannot discount how many "older people" will and have adopted bitcoin.
People who have been working a day job for 20 or 30 years and feel they are
not going anywhere financially. People who see an early out of the daily routine.
of course the younger generation really likes something new, especially relating to the latest technology, bitcoin is one of the most modern payment technologies, this is a challenge for young people, while parents tend to be monotonous, not something new, so bitcoin will be dominated by the younger generation, which is certainly the future generation.
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December 12, 2018, 08:02:49 AM
 #207

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
It is also one of the fact that the older generations have their permanent jobs and businesses and they are busy with them while the younger generations are searching for the new opportunities and in that way to meet with the crypto market so they learn easily and adopt immediately.
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December 12, 2018, 09:26:41 AM
 #208

When it comes to young people, what comes to mind is that unlimited innovation is included in bitcoin, many products from startup companies that use bitcoin for the products they offer are certainly innovations that will make bitcoin prices skyrocket because of increasing demand for bitcoin
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December 12, 2018, 11:43:09 AM
 #209

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
right, of course it depends on each person's self-control. many feel successful in bitcoin, then they forget their obligations as students. of course this will damage the nation's generation

Since bitcoin is a new currency hence new generation will be more willing to use it. Older people will still be wanting to use Fiat currency as they are used to it. Also older generation do not want to learn new technologies.

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December 12, 2018, 01:42:14 PM
 #210

I think no one will argue with you, most young people and new millenial are more internet savvy than the older generation and it will be easier for them to understand th use of BTC as a digital cash, what new geenrtaion need is to contribute positively to the economy and save their money in BTC
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December 12, 2018, 02:17:22 PM
 #211

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

Hopefully it would be realized that Bitcoin can be used for faster transactions online. Maybe it would happen but not now. Also it would take much time to educate people about what are the uses of bitcoin.

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December 12, 2018, 02:32:45 PM
 #212

My siblings became interested to bitcoin after I explain what it is and its function. They say that it is user friendly because they easily understand how they will use it.
When I taught my parents about bitcoin and blockchain technology,  I saw that they can't easily understand it. It is true that many more people in our generation will adopt bitcoin than the older generation.

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December 12, 2018, 02:34:56 PM
 #213

My siblings became interested to bitcoin after I explain what it is and its function. They say that it is user friendly because they easily understand how they will use it.
When I taught my parents about bitcoin and blockchain technology,  I saw that they can't easily understand it. It is true that many more people in our generation will adopt bitcoin than the older generation.
True, but young people also lack the skills to manage risk properly. So many of them will also get destroyed by bitcoin's volatility
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