Millennial generation are screwed!

[deisik]

Millennial are screwed because of baby boomer generation nothing less. That generation came in during the manufacturing part of the world where everyone basically produced something at some factory and it was enough money to buy a house, send your kids to college, get a car every 3-5 years and so forth.

Look at the wages of millennial right now, no kidding look at the same job that was done 50 years ago and same job today and tell me the difference, back in the day if you did a manual labor job you would earn enough salary to buy a house in 5-10 years, now you would have not spend a single cent of that salary for 10 years to even get half a decent housing.

Okay but how is that the baby boomers' fault? They just had it better than us. Generation Z will have it worse than millennials too

But whose fault is it then?

Look, you can't just say it is the "changing nature of productive capitalism". It is an abstract idea or notion which in practice can be traced back to individual decisions and choices made by people, actually by many people. In the end it all comes down to people and what they do (and avoid doing), be it capitalism, communism, or whatever. See my point now? Who if not baby boomers are to be held responsible for all this shit, aliens?

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[Cnut237]

It is the fault of the people running the economy - so the government. It all comes down to inequality between generations, and the fact that this is growing.

In practice, yes, it is the baby-boomer generation's fault for not making decisions now to reduce inequality. And it is the fault of the generation before that, who were in charge when the baby-boomers were young, for not foreseeing that inequality would grow and taking steps to prevent it at the time. Obviously this is all complicated by the fact that economies are interdependent, and so impossible to control entirely. Nevertheless steps could have been taken but were not.

Inequality is a huge and growing problem. More and more wealth is being accumulated by the rich at the expense of the poor. It is the fault of the governments who make and have made these decisions. In democracies, it is also the fault of the electorate who vote these governments into power.

[Kambal2000]

How come? Millennials are more into technology. They're more capable of understanding cryptocurrency and bitcoin. They just need to learn it.
We all once experienced having no savings and job (Of course when we're still young) but there are a lot of opportunities millennials can have because of the knowledge witg technology.

I believe in that too that Millenials are in to cryptocurrency, so I doubt that Millenials are screwed, I am one of them and I can say that Millenials are not contented with what they are doing, with just having a fix income or what, but they are seeking for opportunity online, and one of them is knowing crypto. Here in our country almost all users are millenials to be honest.

[SamboNZ]

First they spend more time on video games than any other generation, an average gen millennial spend 8 hours on games everyday! Ridiculous!

Because something is called "E-sport" serious players can earn thousands or millions of $

Gaming companies are into developing games to run with blockchain and the tokens that can be used in-game.
EOS already has games in beta available for the download earning money.
There are millenials getting paid to play probably earning more than those in office.

[tambok]

How come? Millennials are more into technology. They're more capable of understanding cryptocurrency and bitcoin. They just need to learn it.
We all once experienced having no savings and job (Of course when we're still young) but there are a lot of opportunities millennials can have because of the knowledge witg technology.

I believe in that too that Millenials are in to cryptocurrency, so I doubt that Millenials are screwed, I am one of them and I can say that Millenials are not contented with what they are doing, with just having a fix income or what, but they are seeking for opportunity online, and one of them is knowing crypto. Here in our country almost all users are millenials to be honest.

I know that most of millenials are actually in to crypto, they know the potential of it so I don't agree that Millenials are screwed too, when most of the people I know who knows and doing crypto are millenials. Although, I know some Millenials too who are just contented in their life, they don't want to take risk in crypto as they are thinking this is scam.

[maman567]

Millennials only know how to use them, usually don't think too much about how to make them, this is a really terrible problem because when Millennials do not want to learn something new and try to create new financial technologies, countries will not develop. Payment conditions cannot develop. like now which has begun to develop due to the influence of the old generation who want to learn and still have high spirits.

My millennial country still dislike and do not know about bitcoin as investment, they always looking for job become officer in government, I don't know what is in their mind become officer and earn money only become under other people instruction.

[wxa7115]

Very interesting topic. But you can say that to previous generations as well, and to generalized them as screwed or something doesn't make sense at all because  generations X,Y,Z are was perceived to be the same. But most of them did became successful.

It's just how parents are going to groom them or at least guide them and not to spend all their time on games and other online stuff. I remember Steve Jobs saying that he didn't allow his kids to get a smart phone until a certain age (14?).

There is nothing really new happening, the world changes and people change with it and after certain amount of time the world has changed so much that there is a huge distance between the way people of different generations think, but this has happened through all history, older generations always see the newer generations as lazy or incapable of carrying the world and yet the world is still here and the newer generation see older generations as too set on their ways and responsible for all the wrong things on the world.

This lead us to a question how the millennials will solve many of the issues of today? We do not know but whatever solutions they employ will not be perfect and they will be blamed by generation Z making the cycle to continue.

[agentx44]

First they spend more time on video games than any other generation, an average gen millennial spend 8 hours on games everyday! Ridiculous!

They basement dwellers

They deep on student loan

They no saving

They have no job security

Now they spend more money on bitcoin than all generation!

It never get bored millennial has been on the headlines since the god know when it all began.

Can crypto make millennial more screwed or otherwise? Let’s discuss!

You cannot really blame the millenials from being screwed with their decisions. It was the present generation that leads them on what they are right now. They wouldn't spend so much if the prices are not yet very high because of lacking in resources. I think there's still a hope on having millenials save crypto since it is still improving and it is still recovering. We just need to keep on having hope towards the millenials and also in crypto, we are also responsible on what's happening in the crypto world.

[iMark]

First they spend more time on video games than any other generation, an average gen millennial spend 8 hours on games everyday! Ridiculous!

They basement dwellers

They deep on student loan

They no saving

They have no job security

Now they spend more money on bitcoin than all generation!

It never get bored millennial has been on the headlines since the god know when it all began.

Can crypto make millennial more screwed or otherwise? Let’s discuss!

You know more than half of the world's population is people under the age of 25 years old, that means the future of the world is in the millennial now. I think that not all millennials as you described, I played video games when I was a child, that's a natural thing, but as we get older, games make us bored because our main focus and priority is getting job now and I have known crypto since I was a teenager sitting in high school, I think crypto has a positive influence on millennials so that they rise to a more mature level.

[desticy]

To admit that you wrote seems to me rather superficial reflections on the Mellinales.
The world is developing very fast. Now we have computer technology that allows us to have fun, learn how to spend time and do whatever we want.
The fact that children spend a lot of time playing video games, as research shows, will lead to the fact that at least such a child will have a quick reaction and more or less adequate decision-making mechanisms.
As for the lack of savings, I do not see the difference between the current generation or the generation 10 or 20 years ago, all in principle at the same level.
We are rather the opposite, because now there is free access to information, we are able to learn what our ancestors could not learn, for example, financial literacy.

[deisik]

This lead us to a question how the millennials will solve many of the issues of today? We do not know but whatever solutions they employ will not be perfect and they will be blamed by generation Z making the cycle to continue

That 's actually an interesting question

The interesting part is that we must solve today's issues all by ourselves (well, at least try to) and not pass them on to the coming generations, right? But if we choose to put the burden of resolving them on the shoulders of the next generation (millennials, Z nation, whatever), they can do exactly the same. Really, if our ancestors charged us with their problems through their failure to deal with them appropriately, why should we care solving them after all? But isn't it what millennials can in fact be thinking now?

[radjie]

they are certainly aware of the potential of crypto, but they are reluctant to get involved in this field because most millennials don't want to take many risks, they only prioritize spending time on video games, because according to the millennium, video games can give them pleasure and of course they get entertainment that suitable to do in filling their free time

[JeffBrad12]

they are certainly aware of the potential of crypto, but they are reluctant to get involved in this field because most millennials don't want to take many risks, they only prioritize spending time on video games, because according to the millennium, video games can give them pleasure and of course they get entertainment that suitable to do in filling their free time

Some millenials use their video games and social media in a profitable way like YouTube or being an influencer, but they are too many now that it's irritating somehow since all copied and no new content or originality. They find the easiest way than take risks in some complicated activities like trading and investing.

It's not that they don't want but most of them simply can't. Don't you see that in the OP post millienials mentioned to be screwed by all the things that burden them including student debt which is enormous how could you possiblity invest with all those problems in your head not to mention that the risk involved into investing is usually huge and if they can make profit with less risk like being a youtuber or start a live stream that'd be a more logical way instead of pursuing something uncertain with risk involved. They are trying to gather fortune through all means and that's definitely not a bad thing. Most of the millenials I know are really willing to invest they see this as an important thing but lacking money so you know.

[cotton ball]

First they spend more time on video games than any other generation, an average gen millennial spend 8 hours on games everyday! Ridiculous!

Definitely this is so ridiculous, but I think this matter sometimes fall to responsible parenting. If this gets worse then probably we will have a new generation of non-productive citizens.

Can crypto make millennial more screwed or otherwise? Let’s discuss!

It will depend on their mindset, If they allocate all their money in crypto than that could have a catastrophic effect if their investment would fail. I believe that a lot of millennial are smart and aware of the economic situation around them, they can be a benefit to the society if they economically conscious.

I don't think thats an accurate statistic. If most millennials spent 8 hours gaming they'd have no time for work, school or a social life

Neither do I

Computer games (just like the Internet) have been around for pretty long (definitely longer than 20 years) to make any significant difference between the millenial generation and the one preceding it. So if we are to make millenials into a failed generation (for whatever purpose or reason), we should start with the older generation. To sum it up, it is just a typical rant about youth being a failure going on since the beginning of times

I am very happy if millennial in my country want to adopt and become bitcoin or altcoin investment, many of millennial people in my country always busy with computer game and hand phone game, they waste time with playing game every day and never try to get positive way how to earn money with bitcoin and altcoin investment, they always make something without have contribution for their self and their family.

[yulionoo]

in my opinion crypto will educate them to be better if they want to do research and trade. and in my opinion some crypto users now are this millennial generation. therefore I am very supportive if anyone from this community wants to enter campus and high school to promote bitcoin and cryptocurrency. by studying crypto and trading they can earn their own income not just by relying on parents.

[jakoylantern]

For me, it depends on the ppl/ millennials because some ppl that teach me about bitcoin and other cryptocurrencies is a millennial. They are using the money that they gain for there education, investment, and helping their family. Like me, I use my money to pay my own bills and help my parents to some financials. Bitcoin helps me a lot to my financial problem, and I think it depends on the person, responsibility, and the economy that you are living. 

[NavI_027]

They basement dwellers

The best way to describe them I think .  Don't get me wrong, I love any kinds of technology as well because it ease the burdens of our daily life but how sad to know that most of the younger generation today overuse it — they already became the slave of technology. *sigh

Now they spend more money on bitcoin than all generation!

Simply because we're on the computer Age where even means of earning are digital. Well, I don't see something bad here as long as they have knowledge on what they are dealing with. It is much better to invest in crypto rather than drugs or virtual items (e.g game weapons, skins and accessories) right? .

[abhiseshakana]

they are certainly aware of the potential of crypto, but they are reluctant to get involved in this field because most millennials don't want to take many risks, they only prioritize spending time on video games, because according to the millennium, video games can give them pleasure and of course they get entertainment that suitable to do in filling their free time

Digital economic growth and technological development are driving the consumptive life of the millennial generation and the lifestyle of hedonism. Productivity among millennials has indeed increased with the creative economy and technology-based start-up companies.

The easy way of life in this millennial era brought moral degradation to millennials, the internet and the concept of democracy opened wide the window of the world but also had a negative impact on the development of millennial youth. Cultural differences and propriety standards are also constraints because in reality there are cultural gaps in each region.

Technological progress in principle cannot be stopped but can be limited or avoided. In the end, everything returned to the moral and character education of each individual. Hedon but productive in its place. become a problem when the lifestyle of hedonism but not productive which ultimately becomes a problem for the family, community, and country.

[Kambal2000]

For me, it depends on the ppl/ millennials because some ppl that teach me about bitcoin and other cryptocurrencies is a millennial. They are using the money that they gain for there education, investment, and helping their family. Like me, I use my money to pay my own bills and help my parents to some financials. Bitcoin helps me a lot to my financial problem, and I think it depends on the person, responsibility, and the economy that you are living. 

Exactly, it depends on people are there are people who are too young and too old too but are here in crypto world, there are also people who already have kids, but still depending their livelihood to their family, so it is really depending on people how they are going to handle and manage their time wisely.

[AicecreaME]

Now they spend more money on bitcoin than all generation!

This is actually an interesting thread to me, but do you have a link for your above assertion?

I agree. I believe OP just made this whole story up without no proof at all. Teenagers nowadays don't care about cryptocurrency, even savings in fiat, all they care is to party all day long, get drunk, and be wild as they can, but maybe there are some millennials who are hooked with crypto, but I am sure it is only 1 out of 10 millennials who are into it.

Kids will not realized how messed up they are until their parents died or if their parents throw them out.