Young people will drive Bitcoin adoption more than the older generation.

[Kakmakr]

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. 

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[nicster551]

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. 

Of course they will do that, but for some old folks they would much prefer the old way and we are not going to deal with that youngsters. So we should try to make them understand all about crypto and blockchain tech.

[aoluain]

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.

[cindygirl]

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. 

I agree about the younger generation being used to and expectant of more. However I would have to disagree about bitcoin currently being faster and more efficient, at least in all scenarios. For many situations traditional banking systems are still more efficient, until bitcoin is widely accepted and used it won't surpass that.

[airdropcoin]

This is an inevitable phenomenon. Young people in today’s world do not have many opportunities. Class solidification has formed in at least many countries. Only cryptocurrencies can get rid of this type of solidification. There are very few other ways. So young people tend to choose cryptocurrencies. Most older generations have a hard time understanding such products.

[yitzjoe]

I agree that many young people understand the functions and benefits of technology where their daily lives are filled with technological utilities, if bitcoin and altcoin are able to answer all the needs of this young generation, the development of crypto will progress rapidly

[BagzMM]

I think it is yes, young people will drive Bitcoin adoption more than the elder generation. Maybe it has something to do when it comes to technology,it is the younger ones that has more patience on surfing or searching on the internet.

[BitHodler]

Bitcoin forced legacy institutions to look into the blockchain as a whole to get the efficiency and lower operational costs they badly need, but that doesn't necessarily mean we'll see them dig into Bitcoin as well.

If people are lucky, and their banks allow them to enjoy the advantages of a blockchain, they'll settle with that. The average person doesn't care about how things happen as long as they happen and offer the convenience they want.

Bitcoin needs it rise out of its speculative phase to be used as it should be used, and I think it will still take like a couple of years at minimum, especially when LN isn't ready yet to be safely used by the masses.

[Shimmiry]

I think it is yes, young people will drive Bitcoin adoption more than the elder generation. Maybe it has something to do when it comes to technology,it is the younger ones that has more patience on surfing or searching on the internet.

I agree. It is like adopting to what they already have or what they see in the present. It is hard to adopt into something that you did not see when you are growimg up, that is one of the reason why the old generation do not want it. Amd on psychology, it is much better to do the norms, and technology is part of the norms of today's generation.

[tenebriscaelum]

Depending on when the mass adoption will happen right now their are only a small percentage of the last generation believes in crypto, and most of the people that believes in it came from the generation where technology is evolving rapidly that is why it is easier to adapt and of course if we are seen by the generation next us what we are doing in crypto then they are they one who will adapt it when the time comes.

[yugyug]

Younger generations or what we called the millennial can adopt rapidly to advancing technologies and consumerism is what all about. Younger generations has more purchasing power than the older generations and purchasing or using new technologies are part of their lives. Bitcoin and blockchain technology sounds strange to older generation but half of the world's younger generations know about it. With the widespread of social media and interconnecting the world make them aware of all the latest trends of the technologies. Adoption of bitcoin all leads to the road for the younger generations.

[hatshepsut93]

Well, it's pretty obvious that young people are the ones who pick up new things most quickly, while old people tend to be very conservative. As people age, they tend to get scared of learning for some reason - maybe they just think that they already know everything and also there are biological factors.
Using Bitcoin is actually quite hard, I'd say more than 90% of the population will make mistakes if they'll try - they'll leave coins on exchange, download a fake malicious wallet, install their wallet on infected system and so on. Even young people would suffer from those problems, because kids being able to install apps on their phones doesn't mean that they understand security, cryptography and other important stuff.

[mary0919]

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. 

You are correct most of the young generation now are very aggresive in crypto business because they are already been exposed to the new technology and always get updated and adopting what is the latest. I have kids and I have taught them about cryptocurrency and you know what I have not felt hard to teach them because they are fast learner and can understand and are now effectively doing the things that I want them to do. They have done their own research and they got the right thing.

[Kakmakr]

Well, it's pretty obvious that young people are the ones who pick up new things most quickly, while old people tend to be very conservative. As people age, they tend to get scared of learning for some reason....

You touched on something that I left out, because older people have preconceived ideas on things that they have learned from previous experience, they will be hesitant to learn new things. <To them, the old ways are the right ways>

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You are correct most of the young generation now are very aggresive in crypto business because they are already been exposed to the new technology and always get updated and adopting what is the latest. I have kids and I have taught them about cryptocurrency and you know what I have not felt hard to teach them because they are fast learner and can understand and are now effectively doing the things that I want them to do. They have done their own research and they got the right thing.

Younger people are like sponges for information, because they are open to new ideas. Older people tend to block new ideas, because they think they have seen and experienced it all before. My kids are also teaching me new things every day and I rate myself as being one of the more experienced "older" people. 

[glowing10]

I think it is yes, young people will drive Bitcoin adoption more than the elder generation. Maybe it has something to do when it comes to technology,it is the younger ones that has more patience on surfing or searching on the internet.

Their is no doubt about it that coming generation will be more adaptable to the technology and its uses and crypto currency being the digital will be more used in coming years. Also in coming years many places in small villages where their is no electricity or internet that will also improve so people will make use of this technology as well.

[musharaf]

It is fact if you just do survey you will come to know that younger are more involved in crypto and they use it more than old age people and it is true that we can buy things with crypto so that can be done by younger and mostly young investors are in the crypto market they do investment for better future old age people believe in investing in gold and silver.

[jseverson]

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.

Is this necessarily true though? I'd say credit cards are at least just as efficient and just as fast. Sure, the underlying technology and procedures aren't as pretty, but those don't matter too much for the end user. While I believe that Bitcoin can be a very tempting alternative, I think it should be sold on the fact that it's decentralized and that it ignores borders.

I definitely believe it should be applied everywhere it can be though lol.

[BitcoinPanther]

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. 

I do agree that younger generation will drive bitcoin adoption than the older generation since older generation are more reserved and patient.  Older generation have this thing called tied to their generation and they always believe in not fixing anything when it is not broken.  Anyway, I still disagree that bitcoin is way faster in terms of payment.  Just check confirmation time and crediting time between bitcoin and CC or Visa Card.

[1Referee]

It also comes down to how willing people are to expose themselves to risks, which means that the younger generation by default is the main group to steer usage and development of new technologies, which Bitcoin is one of. What do we have to lose? If we wipe out our entire savings taking too much risk, we can start over, but that doesn't go up for the older generation, because their money gone means it's likely gone for ever.

One thing I do have to point out is that we shouldn't underestimate the traditional financial system. For the first ever time financial institutions feel the need to change the way they work, all to not let crypto currencies leave them behind which eventually may cause them to lose market share.

I noticed myself how they improved their payment infrastructure, banking applications, etc. Everywhere I go I can pay in an instant, for free, enjoy buyers protection and insurance, and in some cases I'm being rewarded points as well, which I can later exchange for discounts in tens of thousands of online or brick and mortar stores. The competition is tough, very much so.

[Afnan_faizah]

Correct, the future of bitcoin is very bright with youngster/ youmg generation. Buy something via online shop is become so mainstream now, actually I am still young too and me and my friend always pretend that something which new and related to new technology is very cool because that's what makes we different with old generation. Bitcoin is a cool thing for me.