Gen Z is playing the economy like a casino

[Fiatless]

Gen Zs want it quick and fortunately that is what the present world is all about. Degrees are looking like they are becoming obsolete because the money which people expect to earn with a degree after four or five years in college is now being earned in less than a month and it is even more. People are confused on whether they should go to traditional schools or alternate schools. And on top of that employees don't even care anymore as long as whoever they are hiring has the skills and competences. And Gen Zs are getting those skills. So much interesting times ahead for the economy and the future of work.

I would prefer to attend an unconventional school to acquire a skill instead of spending so much time and resources in traditional schools. Since many employees don't care much about a college degree in some professions, people now prefer to acquire skills online or through short training. But I advise some of the Gen Zs who are making money from the social media to gain other skills. I know some influencers who have lost relevance because their niche is now obsolete. Such people go broke because they don't have backup skills.

[Taricoins]

OP, what you think of Gen Z is wrong. Not all of them sit and wait for opportunities. The Gen Z are the only generations who created opportunity for themselves, unlike the previous generations who rely on the workforce and the traditional system. The Gen Z make use of social media to provide finances, after that, open physical offices and shops that increase opportunities for other citizens. I do not know where you got this perception of Gen Z, but I can't support you on that. You have to rethink what you say is true or not.

Now this is a positive and true statement about the Gen Z era for once, because believe me whether we like it or not these gen Z generation have really broken the barriers in terms of making easy cash for themselves because back in the day everyone as you have stated truly just rely on workforce and the labor market where as the whole system is different as some 21yr old boy with just his phone and camera crew is making lots of cool cash that some of even the biggest firms back in the day can make.

[HONDACD125]

OP, what you think of Gen Z is wrong. Not all of them sit and wait for opportunities. The Gen Z are the only generations who created opportunity for themselves, unlike the previous generations who rely on the workforce and the traditional system. The Gen Z make use of social media to provide finances, after that, open physical offices and shops that increase opportunities for other citizens. I do not know where you got this perception of Gen Z, but I can't support you on that. You have to rethink what you say is true or not.

I can't help but agree with you on this, because we can't deny the fact that the newer generations are very good with technology and social media, they are digitally skilled, which means that they can do wonders in the digital world, and we can see this all around the world these days because most of the young people are making more money sitting at home than some people who are working a 9 to 5 job, and they don't even have to work that hard because they say, we should work smart not hard.

However, when I say that they don't need to work hard, it doesn't mean that their work is easy, they also work hard but it's just that when you are doing something you like and you are your own boss, you won't need to work as hard as someone who is working under someone in a corporate setting. So they basically do work hard, but they do it on different things, things that they know are trending and can actually allow them to become financially independent over time, such as becoming content creators, freelance workers, etc.

[Nahl]

Although i don't have the exact data to proof but bitcoin users in my country dominated by those who called gen z and mostly the reason why they were interested to entering crypto world because they want to improved their financial condition besides that these people doesn't like to having regular jobs because they says their current jobs will not make them to be a rich although these people know being an crypto user is risky but seems their mentality have ready to faced up every risk when decide to involved to crypto world so, OP says it's true that gen z playing the economy like the casino and the most important is gen z mentality is strong and majority of them do not easily to give up

[jcojci]

Gen Z lived in the Internet era where already developed well so they can use Internet to search for the opportunities. They are open minded with the Internet and accept the changing of the era. They can lean more towards taking risks because they realize they lived in a tight competition. They must search for many ways to earn money so they willing to do anything. But if they don't learn about risks and money management, they will difficult to compete and also difficult to improves their skills. It is better if they learn deeper while they do whatever to earn money so they will have the opportunities to have better skills and also the chances to make money will be wide open.

[Alpen]

Gen Z is playing the economy like a casino

Gen Z are those who were born between 1997 and 2012. Most of them are already old enough to start entering the workforce with most of the older ones already have been in the workforce for quite some time. This article pointed out how Gen Z seems to be hoping these days for that one big break instead of working hard for years and eventually reaching the top. What are those big breaks? Basically getting viral once or hitting the lottery. Many Gen Z see being an influencer as a more lucrative profession than any other profession one might get from a degree.

Basically saying that Gen Z seems to lean more towards taking risks. This might also be observed with how many Gen Z are into cryptocurrency and hoping to hit that one coin that will soar. This generation is the one who experienced a pandemic. The generation where houses are almost impossible to buy. But the generation with probably the most resources available.

Are you thinking like Gen Z or you’re still stuck on your old traditional ways?

Gen Z has the right mindset; they’re perfectly in sync with the 21st-century market. Just look at the surges in indices, precious metals, tech stocks, crypto, oil, gas... honestly, is there anything in this century that hasn’t delivered mega-profits to investors?

Even Warren Buffett only truly built his massive fortune in the 21st century; before that, he was essentially "scraping for pennies" by comparison. And then there's Trump, who reportedly made more from crypto in a single year than throughout his entire previous career.

[bubilas]

Are you thinking like Gen Z or you’re still stuck on your old traditional ways?

You've hit the nail on the head, and I'm surprised this problem is so prevalent not only in the old town where I live, but in other towns as well. Their generation has truly given up on any dreams of owning an apartment, as high prices and exorbitant interest rates make it virtually impossible for them to afford one. They indulge in other pleasures, like coffee or taxis, and, of course, betting.
They often place bets not at online casinos or bookmakers, but, as far as I know, their generation loves PolyMarket and similar services. And it's only logical that, living in such a vibe, these guys spend more than we do on entertainment, including gambling.

[davis196]

Gen Z is playing the economy like a casino

Gen Z are those who were born between 1997 and 2012. Most of them are already old enough to start entering the workforce with most of the older ones already have been in the workforce for quite some time. This article pointed out how Gen Z seems to be hoping these days for that one big break instead of working hard for years and eventually reaching the top. What are those big breaks? Basically getting viral once or hitting the lottery. Many Gen Z see being an influencer as a more lucrative profession than any other profession one might get from a degree.

Basically saying that Gen Z seems to lean more towards taking risks. This might also be observed with how many Gen Z are into cryptocurrency and hoping to hit that one coin that will soar. This generation is the one who experienced a pandemic. The generation where houses are almost impossible to buy. But the generation with probably the most resources available.

Are you thinking like Gen Z or you’re still stuck on your old traditional ways?

Young people love taking risks? Wow, what a surprise.
I hate all the division between generations (gen Z, millennials, baby boomers, etc.). Generalizing people is a sign of stupidity. Some young people love taking risks, while others wants security and are willing to work hard. The young people (gen Z) aren't the ones to blame. The whole economy starts looking like a giant casino. Many companies are investing in the "gamblification" of the economy. Many apps have games, that kinda look like gambling games. Should gen Z be blamed for all this? When inflation is going thru the roof and getting a job becomes harder and harder, betting everything on the chance to win big seems like the only option.

[FanEagle]

Young people love taking risks? Wow, what a surprise.
I hate all the division between generations (gen Z, millennials, baby boomers, etc.). Generalizing people is a sign of stupidity. Some young people love taking risks, while others wants security and are willing to work hard. The young people (gen Z) aren't the ones to blame. The whole economy starts looking like a giant casino. Many companies are investing in the "gamblification" of the economy. Many apps have games, that kinda look like gambling games. Should gen Z be blamed for all this? When inflation is going thru the roof and getting a job becomes harder and harder, betting everything on the chance to win big seems like the only option.

Even worse part is that, every generation before Z ended up ruining the economy so badly that they left Z generation a life where they can't even buy themselves a home, hell half of them can't even afford all alone and either get help from parents or find a roommate. So, it's sick to see that these older generation are blaming Z generation for a life they have which was created by the people who blame them.

Yes, Z generation are careless about their money at times, but that's because previous generations screwed their entire future. Moreover, this type of accusation always on young generation but new generations always showed their skill and proved themselves to this world so in my opinion this Gen Z cannot be an exception from our usual routine.

[Obulis]

Gen Z is playing the economy like a casino

Gen Z are those who were born between 1997 and 2012. Most of them are already old enough to start entering the workforce with most of the older ones already have been in the workforce for quite some time. This article pointed out how Gen Z seems to be hoping these days for that one big break instead of working hard for years and eventually reaching the top. What are those big breaks? Basically getting viral once or hitting the lottery. Many Gen Z see being an influencer as a more lucrative profession than any other profession one might get from a degree.

Basically saying that Gen Z seems to lean more towards taking risks. This might also be observed with how many Gen Z are into cryptocurrency and hoping to hit that one coin that will soar. This generation is the one who experienced a pandemic. The generation where houses are almost impossible to buy. But the generation with probably the most resources available.

Are you thinking like Gen Z or you’re still stuck on your old traditional ways?

In an other word, you mean Gen Z are the lovers of financial and social magic. Become an influencer and bam flexing all day long as long as the dollar keep flowing in  funny how they don't even care about what the heck they're dropping on the media as long as it's paying no problem.
Come to think of it, what actually went wrong? How come the Gen Z?
How far will life go on Gen Z? Easier or hard? So far with all that is being enjoyed today in the world,  will it would have been possible with Gen Z? Where will Gen Z take human to if left to take the lead?

The question op asked if flowing like Gen Z or still stuck on your old traditional ways, makes it look as if the traditional way as it is call is a kind of archaic response to life that is no longer needed. But so far, these said traditional ways most times are in accordance with nature which make it the best way forward.

[Churchillvv]

One special thing about the old life is that it doesn’t disappear it only goes a little bit into extinction but if well checked there are some Gen X who are working like the old guys but I also agree with you that Gen Z is the most risk taking generation in my opinion as referenced to the Thailand protest that Gen Z did until a government stepped down, they at very fearless and have not lived too long but seem to be able to overcome what most generations aren’t willing to try or risk, social media is the tool for the gen z while the old guys don’t see it as something useful yet the young generation is also hitting the same level of finance they had but in younger age.

[tabas]

Now this is a positive and true statement about the Gen Z era for once, because believe me whether we like it or not these gen Z generation have really broken the barriers in terms of making easy cash for themselves because back in the day everyone as you have stated truly just rely on workforce and the labor market where as the whole system is different as some 21yr old boy with just his phone and camera crew is making lots of cool cash that some of even the biggest firms back in the day can make.

That is true, more opportunities are on them and everyone starts making easy cash through the internet. Not to mention what are the quickest but it has broadened the choices and ways for the younger generation to earn. From the hustle culture, to more likely a good and stable business that they establish with the use of the internet, they're not playing casino there but they realize that if their business and money making methods are here to stay then they'll focus in it. But I think that the time will come that these kinds of hustles will be saturated.

[CageMabok]

...

Now this is a positive and true statement about the Gen Z era for once, because believe me whether we like it or not these gen Z generation have really broken the barriers in terms of making easy cash for themselves because back in the day everyone as you have stated truly just rely on workforce and the labor market where as the whole system is different as some 21yr old boy with just his phone and camera crew is making lots of cool cash that some of even the biggest firms back in the day can make.

That's the difference between then and now, where Generation Z has begun to open their minds to the possibility of earning money without having to work hard in a specific field. I'm not even surprised by this because the path is already that way, and those who can't keep up with today's developments will continue to be left behind by Generation Z. So, everyone, regardless of generation, must be able to adapt to the times so that they no longer have to work hard to make money in life. Now, the demand is no longer on working hard, but rather on working smart through certain activities.

[Pterosaur]

Gen Z is playing the economy like a casino

Gen Z are those who were born between 1997 and 2012. Most of them are already old enough to start entering the workforce with most of the older ones already have been in the workforce for quite some time. This article pointed out how Gen Z seems to be hoping these days for that one big break instead of working hard for years and eventually reaching the top. What are those big breaks? Basically getting viral once or hitting the lottery. Many Gen Z see being an influencer as a more lucrative profession than any other profession one might get from a degree.

Basically saying that Gen Z seems to lean more towards taking risks. This might also be observed with how many Gen Z are into cryptocurrency and hoping to hit that one coin that will soar. This generation is the one who experienced a pandemic. The generation where houses are almost impossible to buy. But the generation with probably the most resources available.

Are you thinking like Gen Z or you’re still stuck on your old traditional ways?

GenZ are built differently but let's be realistic, we got them there.

Are GenZ responsible for creating Onlyfans platform? Are they responsible for technology of today that's making them to want to take a short road ? Are they also responsible for AI? We the older generation got them there.

How the hell did the government let Onlyfans to survive? That small girls are making life changing money overnight by showing their nakedness online?

Crime have increases in folds because people of today don't want to work hard anymore, and this will keep becoming the cause of bigger problems, those who are doing crime in my country are GenZ.

If no one is making it easily anymore the GenZ will have to adapt, let the government shut down Onlyfans, make streamers earn less money, get AI away from jobs and let the humans take over, things will heal again.

[tygeade]

Now this is a positive and true statement about the Gen Z era for once, because believe me whether we like it or not these gen Z generation have really broken the barriers in terms of making easy cash for themselves because back in the day everyone as you have stated truly just rely on workforce and the labor market where as the whole system is different as some 21yr old boy with just his phone and camera crew is making lots of cool cash that some of even the biggest firms back in the day can make.

That's the difference between then and now, where Generation Z has begun to open their minds to the possibility of earning money without having to work hard in a specific field. I'm not even surprised by this because the path is already that way, and those who can't keep up with today's developments will continue to be left behind by Generation Z. So, everyone, regardless of generation, must be able to adapt to the times so that they no longer have to work hard to make money in life. Now, the demand is no longer on working hard, but rather on working smart through certain activities.

They have seen previous generations work hard and spend their entire life making others rich, while they stayed poor and even bankrupted and couldn't afford their sickness when they get old. I am sorry, but I too reject a system where if you work until you are 70 years old, retire and then you can't even afford your heatlhcare? Then I think it's best that system goes away and burns.

Capitalism works for many things, but healthcare should always be subsided and be paid for by all of us, and all of the medical field from hospitals to doctors to nurses to drug companies, everything should be capped so that people can afford healthcare, and let it be free in the hospital and taken out of taxes. So yeah, if hey saw what we went through, then they know there is no reason to be a clog in the machine that kills you.

[bakasabo]

That is true, more opportunities are on them and everyone starts making easy cash through the internet. Not to mention what are the quickest but it has broadened the choices and ways for the younger generation to earn. From the hustle culture, to more likely a good and stable business that they establish with the use of the internet, they're not playing casino there but they realize that if their business and money making methods are here to stay then they'll focus in it. But I think that the time will come that these kinds of hustles will be saturated.

Internet allows them to earn money easier than previous generation. While previous generation had to work hard to achieve, be explorers in technology progress. Gen Z often have backup plan as parents, earn by pressing keys, have full internet of guides. Internet taught them that they can safe and load, edit, refresh their lives. With such approach, they allow themselves to gamble and risk with life and future more.

[SUPERSAIAN]

Okay, but I don't think this generation is to blame. Buying a house or a car isn't as easy as it used to be, so they get caught up in these dreams. If they had the means, the job opportunities, I think they would work harder to buy what they want. Nowadays, some things are almost impossible to obtain, so young people have become such dreamers.

[slapper]

Now this is a positive and true statement about the Gen Z era for once, because believe me whether we like it or not these gen Z generation have really broken the barriers in terms of making easy cash for themselves because back in the day everyone as you have stated truly just rely on workforce and the labor market where as the whole system is different as some 21yr old boy with just his phone and camera crew is making lots of cool cash that some of even the biggest firms back in the day can make.

That's the difference between then and now, where Generation Z has begun to open their minds to the possibility of earning money without having to work hard in a specific field. I'm not even surprised by this because the path is already that way, and those who can't keep up with today's developments will continue to be left behind by Generation Z. So, everyone, regardless of generation, must be able to adapt to the times so that they no longer have to work hard to make money in life. Now, the demand is no longer on working hard, but rather on working smart through certain activities.

They have seen previous generations work hard and spend their entire life making others rich, while they stayed poor and even bankrupted and couldn't afford their sickness when they get old. I am sorry, but I too reject a system where if you work until you are 70 years old, retire and then you can't even afford your heatlhcare? Then I think it's best that system goes away and burns.

Capitalism works for many things, but healthcare should always be subsided and be paid for by all of us, and all of the medical field from hospitals to doctors to nurses to drug companies, everything should be capped so that people can afford healthcare, and let it be free in the hospital and taken out of taxes. So yeah, if hey saw what we went through, then they know there is no reason to be a clog in the machine that kills you.

Yeah. This.

You've called the thing that people don't want to do. They worked. They did everything right. And then the system simply trashed them. Like they were disposable.

I keep thinking about this because it's not even hidden anymore. It's right there in front of us. Work till you're seventy or so, maybe even longer now and then what? You get sick, suddenly all those loyalty, all those years, they mean nothing. The bills roll around and you can't pay them. That's the reward.

And people are wondering why younger generations are opting out. They're not stupid. They observed this happening to people they love.

The system doesn't break by accident. It breaks because it's designed to suck everything out of people and make back as little as possible. And once you see that clearly, once you really grasp that, you can't go back to pretending that it's all right.

So yeah. Let it burn.

[ancafe]

Basically saying that Gen Z seems to lean more towards taking risks. This might also be observed with how many Gen Z are into cryptocurrency and hoping to hit that one coin that will soar. This generation is the one who experienced a pandemic. The generation where houses are almost impossible to buy. But the generation with probably the most resources available.

Are you thinking like Gen Z or you’re still stuck on your old traditional ways?

There are two dimensions to my age when making decisions and they are generally influenced by the fear of losing more money because we now have children and wives. Gen Z might take a risky approach to cryptocurrency, hoping the coin will skyrocket and bring them quick wealth. Honestly, I don't agree with this pattern because hoping for quick wealth can sometimes cause problems later on as not everyone has the same opportunities, especially when involved in meme coins.

At my age I think more practically and don't want to take big risks regarding wealth. I believe it's better to go slow as long as it's well-planned. Bitcoin can provide certainty and I think it's much better to focus on fundamental assets like this than taking a meme coin approach or something like that and I think this is better at this age.

[Xxmodded]

Gen Z is playing the economy like a casino

Gen Z are those who were born between 1997 and 2012. Most of them are already old enough to start entering the workforce with most of the older ones already have been in the workforce for quite some time. This article pointed out how Gen Z seems to be hoping these days for that one big break instead of working hard for years and eventually reaching the top. What are those big breaks? Basically getting viral once or hitting the lottery. Many Gen Z see being an influencer as a more lucrative profession than any other profession one might get from a degree.

Basically saying that Gen Z seems to lean more towards taking risks. This might also be observed with how many Gen Z are into cryptocurrency and hoping to hit that one coin that will soar. This generation is the one who experienced a pandemic. The generation where houses are almost impossible to buy. But the generation with probably the most resources available.

Are you thinking like Gen Z or you’re still stuck on your old traditional ways?

Lowkey it makes sense tho Gen Z grew up seeing crazy inflation, expensive houses, and the internet making people rich overnight… so of course they chasing faster wins.

Nothing wrong with taking risks, just gotta balance it with real skills and patience. Can’t always rely only on luck... right?