Can crypto make millennial more screwed or otherwise? Let’s discuss!
You cannot generalize every millennial. Most may do such things like focusing on video games but not all millennials are like that, It would still depend on every individual may be it a millennial or not, if they're going to let crypto affect their lives in a darker side or a brighter side. If I'm not wrong, millennials are from early 1980s up to 2000s. So we can conclude that a lot of them were still studying who still have no bigger savings. Others are still too young to know the essence of bitcoin and cryptocurrency. But we cannot conclude already that millennials are screwed since they (we) are the one who's going to spread awareness on bitcoin in the future.
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It is perfectly fine to be general millennial, who want to act like any other generation from the previous gen? Do you see any gen millennial who act and think like their grand parent? Their grand parent do not play game, do not use internet, do not forum, do not shop online, but they frequent physical brick and mortar, dine at star bucks, use the Nokia dumb phone.
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So much hate towards millennials, i wonder where it's coming from?
Don't know why but i feel that all this hatred towards is going overboard. There are also lots of things that can be said about baby boomers or non-millennials but if you try and see beyond those mentioned by the OP, you'll also see some good things that millennials have done. Also, spending and buying more bitcoin is good right? At least for us bitcoin investors.
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Of course it is good! I can’t say the same for the rest of the society, they will tell you, they support POTUS, where USD is the only strongest currency in this world, no Libra no bitcoin, no nothing.
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They basement dwellers
The next generation will be even worse. Millennials started the trend
but Generation Z is taking it to the next level: - 68% of Gen Z males agree that gaming is an important part of their identity.
- 91% of Gen Z males regularly play video games, only incrementally higher than Millennials (84%).
- Similarly, among both generations, the stereotype of gamers has eroded. ‘Gamer’ no longer conjures the negative affiliation of a lazy guy in his parents’ basement.
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- 84% of Gen Z and Millennial males say it is cool to play video games, and 71% agree that they would call themselves a gamer.
Big part of them are mobile phone gamers, I think think game on the public place, where they could have better signal reception, their parent basement can’t have all the goodness from 5G connectivity.😄
They deep on student loan
They no saving
They have no job security
These are really interesting times. Millennials are the first generation where the economic prospects are decidedly worse than the previous generation. Generation Z will be the 2nd. The kids I'm around seem more aware of this phenomenon than I ever was when I was young.
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I was having seminar with some of the youngest mind in the generation z, base on their question raised during a faq session, I think it make sense they’re very well aware of the problem around them.
Now they spend more money on bitcoin than all generation!
That might be the only thing that saves them.
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You’re not sure it is a valid savior, of course I would tend to the opposite outcome, they could be screwed big time!
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I've recently looked at a study that Millenials are a weak generation and that the next generation is going to be even worse. That's because the pain tolerance of millenials is WAY lower than the generation X. I agree that the majority of milenials are lazy and it looks like they have no ambitions. There are a lot of exceptions though, but wasting hours and hours of the day to watch Netflix or play video games is not a good sign at all. TIME is the only most valuable resource we have in this life and we should use it wisely. But, Bitcoin is definitely not a waste of time and I believe them investing in cryptocurrencies and seeing its potential is amazing. The young generations should look in the future and the next pass in our world's evolution is probably blockchain and cryptos.
The next generation z will have even longer life span, they may well live longer than 100 years old, with advance in medication, AI, self consciousness upload to digital realm and all, nope time is not valuable, it’s way more excessive with newer generation.