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Author Topic: Young people will drive Bitcoin adoption more than the older generation.  (Read 2213 times)
darkr
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November 26, 2018, 02:41:29 AM
 #141

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.

It is evident that people over 50 start to think about some different things. They are not so active in any kind of businesses including the cryptocurrency. Youngsters are eager to deal with Bitcoin and other cryptos.
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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November 26, 2018, 02:51:21 AM
 #142

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.
young people are indeed the most appropriate generation to adopt bitcoin, if we see the progress of digital technology, almost most of these progress actors are the younger generation, it is very likely that in the future bitcoin business will be dominated by the younger ones, indeed crypto currencies really need understanding very high level of business people so that only a generation that understands higher education will master virtual currencies such as Bitcoin.
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November 26, 2018, 04:20:25 AM
 #143

I don't know, msybe because young people are more open to change and haven't had a set niche to get used to snd are usually more adaptive to new, exciting and innovative things in their lives. But then again, saying this across all young people wouldn't be true because again, some young people are hipsters and would want to be set in their ways.

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November 26, 2018, 05:05:55 AM
 #144

Yes because younger generation are more adaptable, knowledgeable and easy to learn on latest technology and they are use to electronic gadget and so on, and also they are adventurous, not afraid to learn new things and [lus they are stronger and can know a lot of things than older people.

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November 26, 2018, 09:01:08 AM
 #145

yes, younger people can drive bitcoin adoption more than the older generation because i believe that young generation is more interested in technology and more interested to search, study and dig out new things in technology..
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November 26, 2018, 09:47:06 AM
 #146

yes, younger people can drive bitcoin adoption more than the older generation because i believe that young generation is more interested in technology and more interested to search, study and dig out new things in technology..
The reason why many young people are more interested in cryptocurrency than the older generation is because they are more eager to know what around them and also young generation are more exposed in technology, so it will easily for them to adopt Bitcoin, unlike to those older generation. That's why there's a lot young generation is more interested in bitcoin.
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November 26, 2018, 10:30:45 AM
 #147

yes, younger people can drive bitcoin adoption more than the older generation because i believe that young generation is more interested in technology and more interested to search, study and dig out new things in technology..
The reason why many young people are more interested in cryptocurrency than the older generation is because they are more eager to know what around them and also young generation are more exposed in technology, so it will easily for them to adopt Bitcoin, unlike to those older generation. That's why there's a lot young generation is more interested in bitcoin.
That is true. Though older people tends to try to cope up with the modernization, they can't still match what younger gens can do. Younger generations grew with technology updating into a more useful, faster and interesting "thing" in the world which helps them to accomplished more.

I know some older people who tried to understand bitcoin but ended up in the losing side. Instead of gaining by earning, they squawk like ducks about them not earning anything. I guess that what happens when you think that it is very easy to earn money in this way.

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November 26, 2018, 01:50:29 PM
 #148

The reason why many young people are more interested in cryptocurrency than the older generation is because they are more eager to know what around them and also young generation are more exposed in technology, so it will easily for them to adopt Bitcoin, unlike to those older generation. That's why there's a lot young generation is more interested in bitcoin.
As far as i see, the true reason behind this is young generation already surrounded by technologies since they were born. Just imagine that when they were still babies, they had seen their parents and people around them using gadgets and other technologies. I think cryptocurrency and blockchain will be a general knowledge in the near future.
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November 26, 2018, 04:53:34 PM
 #149

There is this change that is the only thing that is constant in this world. Change are often done to make things better than previous or its predecessor. So expect that the younger generations should create new things to make things or life even better. This is inevitable.

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November 26, 2018, 10:16:23 PM
 #150

Yes they will adopt to the bitcoin only if we educate them what is bitcoin or else they will keep spreading news that bitcoin is used by hackers.Because even many of my friends said that bitcoin is illegal and it was only used by hackers even when our country completely allows bitcoin usage in our country.

I am totally agree with you, If we educate the young generations how they see bitcoin as a useful tool to help them to their financial need and how we look bitcoin be used economically. Now that bitcoin can be use in illegal activities we need to prevent it to spread that way because the choices is in our hand. If we guide properly the young generation they can help us to stop or avoid the negative effects of bitcoin.

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November 26, 2018, 11:06:09 PM
 #151

Yes they will adopt to the bitcoin only if we educate them what is bitcoin or else they will keep spreading news that bitcoin is used by hackers.Because even many of my friends said that bitcoin is illegal and it was only used by hackers even when our country completely allows bitcoin usage in our country.

I am totally agree with you, If we educate the young generations how they see bitcoin as a useful tool to help them to their financial need and how we look bitcoin be used economically. Now that bitcoin can be use in illegal activities we need to prevent it to spread that way because the choices is in our hand. If we guide properly the young generation they can help us to stop or avoid the negative effects of bitcoin.
Young generation are more explorer what around them and since Bitcoin become trend to there generation, the only thing to know it is to adopt and accept it. While the older one they can still adopt Bitcoin but not so easily because there generation are not experienced to know the technology unlike now that we expose more on technology.  Also young generation are more eager to learn something new and what is trend around them.
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November 26, 2018, 11:14:50 PM
 #152

Youth is full of enthusiasm in everything, especially the introduction of new technologies that support the ease of daily activities. crypto is better known by young people who will later infect the older generation to keep up with current technological needs
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November 27, 2018, 01:31:01 AM
 #153

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, even the younger generation is easier to understand bitcoin and crypto, because everything is related to the internet and technology, while older people will find it difficult to understand, even to understand the internet it will be difficult if not with a strong desire.
it will be difficult to implement bitcoin on all services, especially if it is also available for older people.

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November 27, 2018, 05:04:17 AM
 #154

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
Lol, don’t be surprised if they will be the ones to forget about it. Majority of people believe that Bitcoin is just another sort of Ponzi, and for the fact Bitcoin is volatile makes a lot of people not to be interested in it. And I’m sorry to say that Bitcoin is not even the fastest means we have for transactions, but I do know it is fast in its own ways.
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November 28, 2018, 12:40:32 AM
 #155

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

The thing is , older people cannot envisage a crypto-based economy nor how blockchain-based services could impact their lives. Having to even wait in line for a doctor's appointment should be a relic of the past.  Projects like hinounou protecting the well-being of elders, or tapnetwork that protects sensitive data in the world of advertisement, and more, must get some recognition by the mature audience because, even if it doesn't seem like much, if those ecosystems get implemented, life could be much more secure and our rights far more protected. Everyone would realize that and run to crypto for cover!  After all, isn't change the only thing certain in this world?
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December 01, 2018, 07:21:13 AM
 #156

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.
Lol, you just said the truth, but it’s not everyone that is like that. Some people choose to be useless, but there are still a lot of hardworking youths out there that are independent of their parents and are always working hard to make money on their own and even help their family. And I don’t think the youths are what we need mostly,whatever is meant to be will always be, no matter what.
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December 01, 2018, 09:32:43 AM
 #157

I don't know, msybe because young people are more open to change and haven't had a set niche to get used to snd are usually more adaptive to new, exciting and innovative things in their lives. But then again, saying this across all young people wouldn't be true because again, some young people are hipsters and would want to be set in their ways.

Although I know a man of 63, who is trading actively, I suppose there are not so many people of this age do it. Young guys are eager to try everything new. They are surely opened to the cryptocurrencies and ready to trade.
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December 01, 2018, 04:27:05 PM
 #158

Agreed, younger generation is more active when it comes to technology. It's just, they have a weaker hands. They love getting explored but without completely knowledge on what they are doing resulting into not so good. They should understand first before getting into it so that they won't get upset when they suffer losses.

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December 02, 2018, 04:50:07 PM
 #159

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.

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December 02, 2018, 05:13:08 PM
 #160

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
bitcoin and the actual altcoins should be applied to the payment or transfer. Because the blockchain technology will do it very fast and I highly appreciate it. But governments do not let this happen because it is risky for the country. We need to create a revolution.

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