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Author Topic: Young people will drive Bitcoin adoption more than the older generation.  (Read 2213 times)
creeps
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November 24, 2018, 02:59:55 PM
 #121

I think the younger generation are definitely the fuel that fire the crypto revolution,  but don't dispense with the old folks! My 75 year old Grandma has a mining rig  Wink
Nice, your grandma knows how to secure the future of her family. you’ll get more for sure in the future. Smiley

Older generation might not drive this market much but we are here to guide the new generation so they will know the real meaning of bitcoin. A lot of new comers but still most of them are here to make easy money which should not be the reason to come here, older generation still playing the best role in this market. Remember that billionaires are already in the middle of 40s - 60s, they can still influence the market.
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November 24, 2018, 03:01:40 PM
 #122

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>
~

Older people have to change their attitude if they want to survive in the upcoming times. Many professions will be abandoned because the machines equipped with the new technologies will be doing the job much better than humans ever could. This is the case of not only manual labor sector, but also of some white-collar professions related to analytics, teaching and bureaucratic administration, to name a few. At the same time new jobs will be created, but to do them one would need understanding of new technologies. It's not that it's bad to be an older person though. Older people have more knowledge and more experience, and with some effort they can do even better than the the young ones in the field of familiarization with the new technologies, they just shouldn't be lazy to do that.

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November 24, 2018, 09:44:27 PM
 #123

Old people don't like changes. Put yourself in their place. They didn't have to use a computer for half of their lives and then all some of them used it for was sending emails and checking weather forecasts and news. Now you want them to pay by scanning qr codes with their phones and downloading android applications? It's normal that they aren't eager to learn these things. They don't want to be bothered anymore.
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November 24, 2018, 10:08:41 PM
 #124

In a technology of less than 10 years, which solely rely on internet and money. The risk to take up the space was left in fewer individuals that believe they afford to lose some money. Later some people did that to compete with people from other technology. I believe younger people are still more in the space, it just need to increase.

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November 24, 2018, 11:13:00 PM
 #125

In a technology of less than 10 years, which solely rely on internet and money. The risk to take up the space was left in fewer individuals that believe they afford to lose some money. Later some people did that to compete with people from other technology. I believe younger people are still more in the space, it just need to increase.

Ofcourse, because these young individuals have no fear in and it's not afraid in trying. They experienced less downfall and more on success, because they are stronger than we expected.
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November 24, 2018, 11:55:40 PM
 #126

Young people today are more active, more agile and have a lot more knowledge. It's easier to get access to modern technology. And young people today are more brave and brave so they bravely invest in electronic money than the old generation. Future electronic money will grow more widely.
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November 25, 2018, 03:10:48 AM
 #127

I think the younger generation are definitely the fuel that fire the crypto revolution,  but don't dispense with the old folks! My 75 year old Grandma has a mining rig  Wink
it proves that young people are full of enthusiasm, very open to new things such as blockchain technology and take advantage of the opportunities available for profit, but from your case it also proves that the target of crypto is not only young people, even old people also..
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November 25, 2018, 10:26:03 AM
 #128

I think the younger generation are definitely the fuel that fire the crypto revolution,  but don't dispense with the old folks! My 75 year old Grandma has a mining rig  Wink
it proves that young people are full of enthusiasm, very open to new things such as blockchain technology and take advantage of the opportunities available for profit, but from your case it also proves that the target of crypto is not only young people, even old people also..
Young people are more advanced in terms of technology, they are more curious, inquisitive and active. However, it's not all about that, it needs willingness and be visionary to just be able to drive Bitcoin adoption. It takes awarenesses and passion in it, so I believe that not only young people are capable of doing so, or that can have a big influence in its increasing demand but also the older generation. It all depends on how these people, young or old, to take a look the full advantage of the opportunities Bitcoin has offered and how well they manage it responsibly.
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November 25, 2018, 11:40:14 AM
 #129

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

Just a small correction. Young people or old people will not drive adoption of Bitcoin what other cryptocurrencies. Adoption rate has nothing to do with speculation rate. We all keep hearing and keep learning that the technology is not yet ready for real world use cases. Transaction speed and transaction per second and privacy of transactions and the transaction fees and so many more challenges are yet to be solved. When the challenges are solved adoption will automatically increase and that will be the real adoption of Bitcoin and other crypto projects. Till then it is all speculation and young people will drive the speculation rate more than the old people because of their over-optimism. But you should never forget that if Bitcoin has the potential to disrupt the US dollar, something else me have a potential to disrupt Bitcoin in near future. Will it be Bitcoin cash? Will it be other dag based crypto projects like iota or c o t i? Or something new all together! No one knows yet and hence we don't know if the world is in need of Bitcoin or iota or c o t i. Time will tell! And until that happens you and me are just speculating. We are not driving adoption at all! Since we don't know what do we wish to adopt. Do we need to pay for 4 hour Starbucks coffee with Bitcoin or Bitcoin cash or iota or a cryptocurrency created by government or something else altogether ?
Did the time we find an answer to the above question, All We Do is speculate. Just wanted to clarify that part in your post
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November 25, 2018, 02:20:18 PM
 #130

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 the opinion that young people are faster and efficient in exploring technology these days, it would be very beneficial for them if only they seriously in crypto world. But, I think bitcoin isn't that fast and efficient as you said. If only the younger generation and bitcoin collaborate effectively, I'm sure bitcoin will be soon be accepted in the world.
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November 25, 2018, 03:24:31 PM
 #131

It is true that the vast majority of the users are from the 15-29 age group. At the same time, this age group is not very powerful. Actually it is the 30-44 and 45-59 age-groups that hold a lot of power. So we need to target those groups.
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November 25, 2018, 05:03:34 PM
 #132

In a technology of less than 10 years, which solely rely on internet and money. The risk to take up the space was left in fewer individuals that believe they afford to lose some money. Later some people did that to compete with people from other technology. I believe younger people are still more in the space, it just need to increase.

Ofcourse, because these young individuals have no fear in and it's not afraid in trying. They experienced less downfall and more on success, because they are stronger than we expected.
but most young people prefer to have fun rather than think about their future and still depend on parents. not all young people will work here, because people's success is different.
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November 25, 2018, 06:56:25 PM
 #133

Legacy of crypto is good idea because it will ensure crypto still alive and have good future and i believe youngers generation will bringing crypto and blockchain technology more better than us even possibly they will improve these technology to used for humanity and more useful than now and all we have to do is trust them

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November 25, 2018, 11:18:57 PM
 #134

Todays generation is very active when it comes to technology,  most of them are more fund using gadgets rather than playing outside.
At young age they are curious about everything, they  can able to do things through internet like in crypto they can easily adopt it because of easy access on internet.
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November 25, 2018, 11:50:14 PM
 #135

Technically, this generation that is born in the computer age can probably easily adopt the use of cryptocurrencies compared to those who were born in the precomputer age. That's one of the reasons too why older generations are reluctant to use cryptocurrencies because of its technicalities which is a bit hard for them.

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November 25, 2018, 11:59:16 PM
 #136

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, our world is continually changing, along with the generation. What you said that our youth would be the one who will go more for the cryptocurrency adoptation is definitely true, why? because one, they are the next generation and they couldnt do anything about it neither do we, and second, because they are the ones who are gonna be the benefactor of the change and whatever advantage the cryptocworld could give people. 

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November 26, 2018, 12:05:46 AM
 #137

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 new generation is born with what we old people call as new technologies, it is only normal if they push the adaptation of cryptocurrency. Being born in a world where everything is looking for ways on how we can do things comfortably yet efficiently is gonna drive these young people to adapt to cryptocurrency, old people are old and their ways sometimes are as old as they are, we need to keep moving forward if we want to make a better world.

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November 26, 2018, 12:30:46 AM
 #138

especially for young people who like games and force them to buy games in steam or top up, bitcoin can be a solution as a payment method because it is simpler and simpler than bitcoin.
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November 26, 2018, 01:56:40 AM
 #139

bitcoin can be a solution as a payment method because it is simpler and simpler than bitcoin.
man what are you talking about? Smiley
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November 26, 2018, 02:14:00 AM
 #140

Younger people will be more faster to adapt Bitcoin because it is there time now.  They were born  during this computer age and so they are influenced by this high technology innovations.  They started with computer games and eventually learned more apps in the computer so if they come across Bitcoin, they can easily absurd the concept and other things about bitcoin.  They can easily understand it.  They are the next generation who will inherit this great technology.
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