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Author Topic: Young people will drive Bitcoin adoption more than the older generation.  (Read 2213 times)
Dimon8
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November 19, 2018, 01:37:37 PM
 #81

Technological progress has made a breakthrough, and the younger generation is developing in proportion to progress, it has always been like this, and there is nothing surprising in this.
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November 19, 2018, 02:17:25 PM
 #82

Definitely, due to the advantage of their birth period, they have more scope to explore and exploit the infinite opportunities of the crypto industry and probably that's why Australia has trying such experiments,

Australian Primary School Students Explore Bitcoin and Cryptocurrency Technology.

No doubt if we see leaders from crypto industry from Australia in the coming years because they are doing something in the crypto that China is doing in the domain of international games. It's the natural phenomenon to see the higher output of particular type if the input from that area is high.
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November 19, 2018, 02:20:51 PM
 #83

this will happen. the younger generation will encourage the development of crypto far more developed every year and the younger generation will continue to develop this currency because this currency is very useful for our future. we cannot rely on the older generation because they do not always use technology in their lives. and the technological development and progress of each country depends on the younger generation.
Yes, young people exposed and working, learning with new technologies too often, we do not need to be too surprised when the younger generations will be the leaders and help the development of crypto and bitcoin. But also because of early exposure to technology such as bitcoin and crypto, the negative side of this problem also appears very clearly when the younger generation is too focused on bitcoin, fantasizing the great future with it, do not continue to study at school and give up their main job, this will destroy the future path of the young generation, the future of a country

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November 19, 2018, 03:19:15 PM
 #84

The younger generation is the one that can save Bitcoin. They have enough knowledge, skills and technological access to develop more services and improvements related to Bitcoin. Once they do it, many people, especially from the older generations will adopt Bitcoin too, not because the currency itself, but because the services there will be disponible through the use of BTC. In the end, everyone will benefit from this "balanced adoption", from all generations, young and old ones.

 
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November 19, 2018, 06:04:08 PM
 #85

the 80's and 90's is the 1st one to accept. older generation wont like it. bitcoin and crypto as whole will destroy their old system. younger generation should not be any problem using bitcoin and crypto as well.

If we analysis, it is the older people who are against the bitcoin and digital currency.  
Younger generation should and have no problem in adopting this new generation currency.

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November 19, 2018, 06:16:23 PM
 #86

the 80's and 90's is the 1st one to accept. older generation wont like it. bitcoin and crypto as whole will destroy their old system. younger generation should not be any problem using bitcoin and crypto as well.

If we analysis, it is the older people who are against the bitcoin and digital currency.  
Younger generation should and have no problem in adopting this new generation currency.

Totally true. All we have to do is to make Crypto and Blockchain look more appealing to younger generations, bring it closer to them. For instance, implementing Blockchain features in what they`re already familiar with - in computer games - will boost adoption immensely.
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November 19, 2018, 06:23:42 PM
 #87

Information technology put young people on the affair of life and leadership.  Cryptocurrencies is been promoted by the young people because of the kind of the generation we are. Our fathers are used to the old ways of doing things but the youths are more concerned on blockchain technology and how to used it to solve human problem.
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November 19, 2018, 08:10:11 PM
 #88

Of course, the younger generation is much faster and easier to perceive new information and their desire for technology is much higher than in other age categories. Of course, the first emphasis should be placed on this age category. In the future, young people will talk about Bitcoin to their parents. And with time, the mature generation will begin to exchange information with each other.

By the way, Switzerland approved the first full-fledged crypto ETF, listing next week under the ticker HODL on the SIX Swiss Exchange.
Now Swiss retirees and pension funds can buy a basket of cryptocurrencies to diversify their portfolios: https://www.trustnodes.com/2018/11/17/switzerland-green-lights-worlds-first-crypto-etf-to-be-listed-next-week
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November 19, 2018, 08:23:42 PM
 #89

The one time most young people get enough free money to play with these days is when their parents cark it and leave it to them. More than likely they'll rush straight into property as it'll be the only chance they ever get.

Ideally young folks will drive the creation of a fully functioning and increasingly separate crypto economy. That's more sustainable than just parking investment money and doing nothing.
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November 19, 2018, 10:37:27 PM
 #90

Information technology put young people on the affair of life and leadership.  Cryptocurrencies is been promoted by the young people because of the kind of the generation we are. Our fathers are used to the old ways of doing things but the youths are more concerned on blockchain technology and how to used it to solve human problem.
I believe that millenials are more exposed from the world's latest technology from electronics toys and gadgets since they are start learning of their new world unlike people who was born on late 80's that digital technology was not yet started, therefore in this edge cutting technology like blockchain the more people adapted it is from the millenials and driven by the few business minded oldess.

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November 20, 2018, 12:07:32 AM
 #91

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.

You know why? it is because before is has a big difference  in the present time now. The technology before compare in our present technology has a big innovations. And maybe the younger generations son far mostly are fast learner, while for the adults are few only. Before there is no internet while so far we have it now and was being developed so well too.
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November 20, 2018, 03:15:41 AM
 #92

For certain. All of my kids are familiar with crypto. My 2-year-old daughter can recognize BTC, ETH, and Monero. My oldest son doesn't understand why everyone doesn't use it now. (He's 21). I was programming since I was 8, but normal people didn't have computers until they were in college. That's how old I am. The young are going to adopt crypto much faster.
Here's an article about the younger generation investing in crypto.

https://blokt.com/news/only-8-of-americans-invest-in-cryptocurrencies-but-younger-generation-more-open-to-the-idea

Basically, it says that only 8% of Americans invest in crypto, and the younger generations invest more proportionally in crypto. I thought that was interesting.

44% of all Millenials say that crypto will be "somewhat" or "very" accepted in the next 10 years.

Ref here: https://www.finder.com.au/half-of-millennials-say-cryptocurrency-will-soon-be-widely-used

Regardless of where the market is now, it's pretty damn exciting.
 

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November 20, 2018, 09:47:20 AM
 #93

Younger generation are more adopted to technology and more open minded about crypto, and the younger generation could create more usage for crypto, while older generation believe more in something tangible, like gold or stock, and some older generation even accuse crypto as a fraud investment because it doesn't got any physical shape
Young people always drive the campaigns. Do you really expect from old generation to believe in technology? They assume it as a virtual currency and hence no trust they put on bitcoin.
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November 20, 2018, 09:50:30 AM
 #94

It doea not happening now because there are greedy rich people who controlled the bitcoin market. They pulled out their investment as it seems that they were probably so lucky in this system earning much compared to the poor one. I can think now that because of the market price down, more and more users had gone their interest away on bitcoin. Hope to see that this is not really the end for bitcoin.
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November 20, 2018, 01:13:02 PM
 #95

Younger generation are more adopted to technology and more open minded about crypto, and the younger generation could create more usage for crypto, while older generation believe more in something tangible, like gold or stock, and some older generation even accuse crypto as a fraud investment because it doesn't got any physical shape
Young people always drive the campaigns. Do you really expect from old generation to believe in technology? They assume it as a virtual currency and hence no trust they put on bitcoin.
I also agree.Older generation are already satisfied with the things they see around them but the younger ones continue to explore and even enjoy the innovations brought by new technology.So no wonder that people behind the crypto community are the young ones who never fail to support crypto until its goal of mass adoption will be achieved.

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November 20, 2018, 01:21:03 PM
 #96

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 agree with you,

Check these People out, they are doing really nice work there in Latin America. I hope more people start with this cane of initiatives.

https://bitcointalk.org/index.php?topic=5065308.msg47893680#msg47893680

I would like to start something like this but not so easy at all...

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November 20, 2018, 03:26:28 PM
 #97

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

That's true, and that is mainly because this generation is more exposed to technology than the prior generations, and since technology as well as cryptocurrewwashad sprout with accordance to the innovation of everything as well as the globalization, and it is really hard for them to involve and to fit in ,in a certain thing that doesn't occur during to the peak of their times.

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November 20, 2018, 04:00:18 PM
 #98

Younger generation are more adopted to technology and more open minded about crypto, and the younger generation could create more usage for crypto, while older generation believe more in something tangible, like gold or stock, and some older generation even accuse crypto as a fraud investment because it doesn't got any physical shape
Young people always drive the campaigns. Do you really expect from old generation to believe in technology? They assume it as a virtual currency and hence no trust they put on bitcoin.
I also agree.Older generation are already satisfied with the things they see around them but the younger ones continue to explore and even enjoy the innovations brought by new technology.So no wonder that people behind the crypto community are the young ones who never fail to support crypto until its goal of mass adoption will be achieved.

Well it's understandable since this generation witnessed the dawn of technology. They grew up understanding how the internet works hence they are more open to changes. Older generation i think can also cope well but not as much as the younger ones.

 
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November 20, 2018, 04:54:02 PM
 #99

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
  Of course, for young people, they would want bitcoin or other altcoins to be used universally. However, the majority of the rich and the rulers are old people and they are not exposed to technology as we do. That made the older people protest crypto because they thought it was dangerous and not useful. But in the future that will change

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November 20, 2018, 05:25:56 PM
 #100

I do. Younger generations are more open to anything virtually so I won't be surprised if this generation paves the way for mass adoption of cryptocurrency. Not just bitcoin, but altcoins as well, because not everyone would be able to afford buying a single bitcoin. Especially if a celebrity suddenly starts endorsing bitcoin and cryptocurrency? You can expect a lot of young people joining the crypto world.
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