Millennials’ impact on the future of digital assets.

[Alert31]

I just thought from the first year of the creation of bitcoin until now, it continues to grow despite the government's rejection and many people do not know about it. Now that the popularity of bitcoin is increasing as its value rises, we can see how important and useful it is.

Due to the continued popularity of bitcoin, it is now also included in the subjects of students at various universities for advanced knowledge.
Many investors are coming along with Billionaires and Millionaires and some big companies

Now there is another indicator of growing adoption of bitcoin through Millennials and young investors because they are sure that they will become interested in bitcoin because of the benefits it can give them. The impact of this Millennial in crypto currency is really great. The future of bitcoin is in the hands of Millennials who in turn will pass it on to the next generations.

Prince said he expects crypto to “grow as a share of that alternatives bucket.”

“Crypto-invested Millennials is an insanely valuable group [...] These are people who were ahead of this trend.”

During the discussion, Prince identified three major Bitcoin adoption trends that are inextricably linked to Millennials and younger investors: The ongoing wealth transfer from Baby Boomers to the young via inheritances, the growth of alternative assets and shifting preference for everything digital.

https://cointelegraph.com/news/millennials-will-boost-bitcoin-adoption-for-years-to-come-blockfi-ceo[quote/]

[vaultman]

It is not surprising that everyone needs to keep up with the times and this is the right approach - to change educational disciplines in accordance with modern realities, so that students are taught relevant knowledge, and not repeat the same thing for 200 years. Obviously, with each new generation, the popularity of bitcoin will grow, since the older generation does not even have a special desire to understand cryptocurrencies. Thus, we can conclude that over time, the price of bitcoin will surely increase significantly compared to the current price.

[avikz]

Bitcoin is a technological and financial revolution. Historically millennials are the ones who are usually tend to get attracted to new technologies. Same happened with bitcoin as well because tech-savy millennials took notice of it and started using it before anyone else! So no wonder thag the major impact was taken by the millennials at all times - whether a financial loss or a profit!

As the newer generations are becoming more tech savy than the older ones, bitcoin and related technologies will only grow,both in terms of value and adoption. There's no turning back unless something drastically unfortunate event happens!

[Sterbens]

I just thought from the first year of the creation of bitcoin until now, it continues to grow despite the government's rejection and many people do not know about it. Now that the popularity of bitcoin is increasing as its value rises, we can see how important and useful it is.

Due to the continued popularity of bitcoin, it is now also included in the subjects of students at various universities for advanced knowledge.
Many investors are coming along with Billionaires and Millionaires and some big companies

Indeed, since the beginning, bitcoin holders have been dominated by millennials, and this proves that the role of the modern world is indeed very interesting. In the country where I live, almost 60% of millennials invest in bitcoin, that was before the pandemic hit, but after the pandemic the increase was very drastic and very significant, which is an increase of about 20%. the total to 80%. However, there are still some obstacles related to bitcoin restrictions, which until now have not received approval from the government.

[Axelseseclevz]

I just thought from the first year of the creation of bitcoin until now, it continues to grow despite the government's rejection and many people do not know about it. Now that the popularity of bitcoin is increasing as its value rises, we can see how important and useful it is.

Due to the continued popularity of bitcoin, it is now also included in the subjects of students at various universities for advanced knowledge.
Many investors are coming along with Billionaires and Millionaires and some big companies

Indeed, since the beginning, bitcoin holders have been dominated by millennials, and this proves that the role of the modern world is indeed very interesting. In the country where I live, almost 60% of millennials invest in bitcoin, that was before the pandemic hit, but after the pandemic the increase was very drastic and very significant, which is an increase of about 20%. the total to 80%. However, there are still some obstacles related to bitcoin restrictions, which until now have not received approval from the government.

It is amazing to think that a digital currency can make so many people who enjoy it and will continue to patronize it in the future. On the other hand, government is still the obstacle for fully recognition and adoption of bitcoin anywhere.

[lifeforcepools]

Several more generations will be able to trade bitcoin. But of course, what awaits this asset in the future will soon depend directly on millenials.

[hulla]

Several more generations will be able to trade bitcoin. But of course, what awaits this asset in the future will soon depend directly on millenials.

The Millenials joining crypto investment is proof that several more generations will be involved in crypto but there's still no appropriate procedure put together for aged with or not with some health ailment to be involved in crypto which is what crypto is lack now.

Having said that, we cant talk about cryptocurrency adoption increasement and exclude the governments/countries that supported cryptocurrency which I believe are what give the Universities, institutions etc to integrated blockchain and crypto into their platform. However, the journey of crypto just begin

[hatshepsut93]

This current bull market is driven by institutional investors, and whomever is in charge of deciding which assets to buy over there is most likely not a millenial. Millenials are highly represented among the retail investors, but Gen X shouldn't be underestimated - they are also quite tech savvy and have more money than millenials.

The future of bitcoin is in the hands of Millennials who in turn will pass it on to the next generations.

The future of Bitcoin is in everyone's hands, and I also don't think that millenials have some mission to teach younger people about Bitcoin - they could easily discover it on their own.

[NeuroticFish]

The impact of this Millennial in crypto currency is really great. The future of bitcoin is in the hands of Millennials who in turn will pass it on to the next generations.

I think that the impact of millennials is still not understood fully.

Millennials see internet as something normal. They understand the technology better than their parents. And well, they are the future.

While many thought that the previous generations should be attracted into Bitcoin, since some of them have much more money for example, those will still prefer gold and stocks. They don't understand this Bitcoin thing. They (still!) have a better chance to see it as a threat than as something beneficial.

And here the millennials come in: they can help the older ones from around them (families, friends, co-workers, their managers) understand what's this all about. They have the potential to get everybody aboard.
That's much more than only investing themselves... So yes, the best is focusing on Millennials.

[bassbity]

Cryptocurrency has now become an investment instrument for millennials. Not only that, crypto is also growing rapidly as an alternative to non-cash transactions. so we all know the millennial population is very large and this also has a big influence on the development of bitcoin and other cryptocurrencies.
Millennials themselves already know how to invest, they are not being ignored by current technology assistance. it is clear that the impact will be significant.

Then many of us have seen that this year's investors are dominated by young people.

[dothebeats]

It’s not impossible or improbable for millennials to be engaged in cryptocurrency knowing how easy it is to get engaged in the said investment rather than going through all the hoops involved in traditional assets that stocks, real estate, and gold come with. Plus, results most probably come faster and realized much faster in bitcoin and crypto compared to slow-moving traditional assets. Seeing how fast-paces millennials lives’ are currently, it’s not really that far from them to seek such in their investments.

[ChrisPop]

I think it is safe to say that millenials are driving the mass adoption of Bitcoin. Open-mindedness and the spirit of innovation is what drives growth in today's world. The world is advancing at a rapid rate.

What I like is that millenials do inspire the older generations and honestly this is how it should be.

[Twinkledoe]

I think it is safe to say that millenials are driving the mass adoption of Bitcoin. Open-mindedness and the spirit of innovation is what drives growth in today's world. The world is advancing at a rapid rate.

What I like is that millenials do inspire the older generations and honestly this is how it should be.

As they are open to this kind of advancement in technology, they are more willing to adopt this in their everyday living. We already have so much digital apps in our smartphones and adding one will not be a big deal for them. As crypto wallets are getting sophisticated these days, we won't be surprised if they will try one or two crypto wallets to see what it will bring to them. They are easy to educate as well as basically they can get all the info they need from the internet.

[jossiel]

Every piece of fintech is always being passed unto the next generation and it happen to be passed to the millenials which are current generation title for the young aspiring future professionals that we have.

I wouldn't make an exception that it is only in their hands but for everyone who's part of this great tech revolution that involves the finance industry.

[serjent05]

Now there is another indicator of growing adoption of bitcoin through Millennials and young investors because they are sure that they will become interested in bitcoin because of the benefits it can give them. The impact of this Millennial in crypto currency is really great. The future of bitcoin is in the hands of Millennials who in turn will pass it on to the next generations.

I would not be surprised if the Millenials will take a huge part in cryptocurrency adoption.  We all know these Millenials are hungry of good new investments since the older guy had already dominated older investment and would be a real challenge for Millenials to at least take a pie of them.  So with Bitcoin as being the new trend many business-minded Millenials will definitely hop into the train and will take advantage of this new trend's offer where many old-timers will be hesitant to participate.

[Lorence.xD]

It’s not impossible or improbable for millennials to be engaged in cryptocurrency knowing how easy it is to get engaged in the said investment rather than going through all the hoops involved in traditional assets that stocks, real estate, and gold come with. Plus, results most probably come faster and realized much faster in bitcoin and crypto compared to slow-moving traditional assets. Seeing how fast-paces millennials lives’ are currently, it’s not really that far from them to seek such in their investments.

If the boomers didn't fuck the financial system that much and the economy, I think the younger generations could have had more choices rather. With a very low minimum wage, I think that bitcoin is the savior of this younglings from eventual spiraling poverty. I wanted to invest in gold and stocks too but the hoops I have to put up with is not a joke and no one taught me how to get through those hoops.

[hugeblack]

Millennials are still using cryptocurrencies with little benefit due to Bitcoin's difficulties and the difficulty of its scalability.
I do not think that everyone can use cryptocurrencies, but the idea of decentralized financing may seem logical and useful to many. The problem is that the central idea is only properly represented in Bitcoin.

Most of the next generation will know digital money more than cryptocurrencies.

[Mpamaegbu]

A decade ago when Bitcoin debuted, young people were perceived to have taken that "reckless and needless" risk investing in Bitcoin even when they didn't fully understood what it was. Now, those who are far younger are even getting on the bandwagon to push Bitcoin patronage at a time when their parents are skeptical about the whole tech stuff around cryptocurrency. This is good.

What I like is that millenials do inspire the older generations and honestly this is how it should be.

Exactly! Who else can help talk to parents if not their beloved kids whom they hold in esteem? I can't imagine an outsider  convincing, for instance, a Warren Buffet who had been adamant on a tech like Bitcoin if not his kids (grandchildren per se)

[Wexnident]

Well, it's quite understandable, after all, they are the group that most likely was impacted by the technical revolution. Let's not even mention them profiting off of it, just the fact that they were willing to actually use it shows that Millenials aren't swept by the wave, but rather they direct the wave. They also had the opportunity imo, to take advantage of the growing requirements for tech-savvy people in companies, landing jobs that pay quite well that well, let them find and invest more from the internet. You can even say that they themselves were one of the people that experienced the benefits of the internet and has continued to lead the pack so far.

[Walterhank]

Well, millennials have gone through major technological evolutions in a shorter span of time which makes them unique for this scenario. But I still think that most of the owners with major bitcoin holdings would be generations before millennials.