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Topic: Bitcoin in Gen Z - page 2. (Read 617 times)

sr. member
Activity: 2324
Merit: 454
May 28, 2022, 09:57:25 AM
#26
The pandemic that hits us way back 2020 surely made Bitcoin famous, first because of countries that adopted it during the pandemic, and because people have too much time to spend on the internet exploring something new, which is cryptocurrency. I'm shocked that I saw many friends of mine in Facebook sharing their stories about Trading, both stock and futures, which I thought that they were not into cryptocurrency but they are not just posting it on social media when there was no pandemic.

Bitcoin will surely be used by many as the time passes by, because the world is evolving, the technology is continuously growing.
full member
Activity: 259
Merit: 100
May 28, 2022, 09:55:15 AM
#25
Facing different struggles in life teaches us that everything is important. Calamities, pandemic diseases, wars, hunger and everything happens in this Generation. This phenomena open the mind of everyone that virtual thingy is possible. Embracing digital currencies, virtual platforms used in education, business and many more are in demand in today's living. Bitcoin, nowadays are known everywhere, it is in demand. Continuing and adapting these changes will rise Bitcoin as the Digital King of Today and Future Generation.

I don't think that we can say it's the future though, I mean it's here already and probably will continue to exists until the last bitcoin is mined although we are closer to 99% that will be mined maybe in the next 4 halving. As for the Gen Z, yeah, we have heard so much news already that they are into bitcoin or crypto in general and it might spill their mind into other investment platform as well like traditional stocks so it will help them secure a better future.

They say that only because they see the current market conditions, try to see if the market is back to normal, they will surely flock back to buy and accommodate bitcoin again like in previous years.
legendary
Activity: 3234
Merit: 5637
Blackjack.fun-Free Raffle-Join&Win $50🎲
May 28, 2022, 09:46:58 AM
#24
I agree that Gen Z is more careless. It's probably because of the kind of world they are living in. They were born into the modern technological and consumerist world where things are instant as they are disposable. Although they could easily and very quickly jump into the likes of Bitcoin, I'm afraid this has shallow roots.

I think we generalize a little too much about how everyone in Generation Z is the same as if everyone was born in the same year or only a few years apart, when in fact it is from 1995 to 2009 (although there are different interpretations). So I think those from the beginning of the generation have been exposed to different influences and some of them were already teenagers when Bitcoin was in its infancy - while those born at the end of the generation are now 12-13 years old and I don't believe they are still capable make any independent decisions when it comes to something like Bitcoin.

In addition, it is important to emphasize that there are very important differences within each generation with regard to their place of birth and that their behavior can have very different patterns taking into account their origin and culture.

For better understanding, I recommend reading -> https://en.wikipedia.org/wiki/Generation_Z
sr. member
Activity: 2310
Merit: 366
May 28, 2022, 08:48:50 AM
#23
I’m attracted to the charts above, they excellently explains different age groups and how bitcoin is injected on their minds. Impressed to see Millenial age group which is 25-40 yrs old peoples have gone far into bitcoin and definitely it’s true because we are moderately from old age and moderately from modern era thus mixing all the possibilities. We love traditional but equally always choose modern techs because we are in the want of something new.

Moreover, GEN Z is entirely modern and they are very very careless. They are not able to fix up their minds because their minds are always spurious. So I’m little off about their relationship with bitcoin.

The millennials are the ones who are not too old but also not too young. They're in between. They've inherited the old ways as well as embraced the new ways. I guess many of them are moderates even if they are open-minded. They're not too advanced but they're also not stuck in the past.

I agree that Gen Z is more careless. It's probably because of the kind of world they are living in. They were born into the modern technological and consumerist world where things are instant as they are disposable. Although they could easily and very quickly jump into the likes of Bitcoin, I'm afraid this has shallow roots.
full member
Activity: 1092
Merit: 227
May 28, 2022, 08:15:39 AM
#22
I’m attracted to the charts above, they excellently explains different age groups and how bitcoin is injected on their minds. Impressed to see Millenial age group which is 25-40 yrs old peoples have gone far into bitcoin and definitely it’s true because we are moderately from old age and moderately from modern era thus mixing all the possibilities. We love traditional but equally always choose modern techs because we are in the want of something new.

Moreover, GEN Z is entirely modern and they are very very careless. They are not able to fix up their minds because their minds are always spurious. So I’m little off about their relationship with bitcoin.
sr. member
Activity: 1848
Merit: 341
Duelbits.com
May 28, 2022, 07:55:06 AM
#21
The existence of Bitcoin in everyday life can support the community's economy. But going back to the effectiveness of government policies that we currently see tend to not fully support cryptocurrency adoption. This position is still used as an alternative investment that is parallel to bonds, stocks and others.

The current generation can attract Bitcoin because of its advantages that provide financial freedom. Even so, we cannot escape the category of rules that remain attached to each individual. The government will continue to monitor the finances of its citizens so that they can still get profitable results. If you look at current developments, the future of Bitcoin can be a reference for people's economic growth.
hero member
Activity: 2604
Merit: 542
May 28, 2022, 07:19:25 AM
#20
Facing different struggles in life teaches us that everything is important. Calamities, pandemic diseases, wars, hunger and everything happens in this Generation. This phenomena open the mind of everyone that virtual thingy is possible. Embracing digital currencies, virtual platforms used in education, business and many more are in demand in today's living. Bitcoin, nowadays are known everywhere, it is in demand. Continuing and adapting these changes will rise Bitcoin as the Digital King of Today and Future Generation.

I don't think that we can say it's the future though, I mean it's here already and probably will continue to exists until the last bitcoin is mined although we are closer to 99% that will be mined maybe in the next 4 halving. As for the Gen Z, yeah, we have heard so much news already that they are into bitcoin or crypto in general and it might spill their mind into other investment platform as well like traditional stocks so it will help them secure a better future.
legendary
Activity: 2380
Merit: 2369
May 23, 2022, 12:19:35 PM
#19
With that, we can say Gen Z is bullish on Bitcoin.
I would add "luckily for all of us". And I'm not saying this just because it means that bitcoin could go up in price but because of mass adoption. This kind of change must come with the newer generations, if they don't care then there is no future. I'm a millennial and unfortunately very few of my friends are into cryptos, actually only 2-3 of them and I was the one who introduced them to this world, all the other close friends either think they're a scam or the missed the bus.
jr. member
Activity: 152
Merit: 6
HODLer
May 23, 2022, 05:07:32 AM
#18
Your post says all of that stuff (calamities, pandemic diseases, wars, hunger) happens in your generation. I hate to tell you this, but that stuff has happened in numerous generations before yours!  Shocked
legendary
Activity: 1736
Merit: 2748
LE ☮︎ Halving es la purga
April 28, 2022, 11:16:58 AM
#17
I don't know where you want to go with the generation thing... but I'm sure that Orange is the new $.
No allusions to the sitcom, that's another question.
member
Activity: 156
Merit: 63
April 26, 2022, 10:21:48 PM
#16
With the passing of time, we have grown up in a digital environment and today's generation follows the advice of people with much more experience in life, who take it for granted that the faster you start investing, the more chances there are of obtaining the necessary experience on the market and achieve profits to live comfortably.
These generations known as "generation z" currently no longer take much into account traditional investment institutions, they prefer to enter a more evolutionary era that is placing their money in digital environments such as cryptocurrencies.

The best known cryptocurrency is Bitcoin and also the most used by these young investors, since they are considered the generation of the digital revolution, and being hyperconnected from an early age, they are attracted to the world of investments and cryptocurrencies.
sr. member
Activity: 2310
Merit: 366
April 26, 2022, 10:14:53 PM
#15
I guess the much older generation has gone through a lot more struggles than Generation Z. So far at least. Generation Z has entered the world when things are already made a lot easier and more convenient. Digital technologies have made their young lives a lot more comfortable and easy. There was no world war or any major war happening within their years. Although there's the pandemic, the effect was a lot milder than the pandemics experienced by older generations. But Generation Z is more likely to embrace the use of Bitcoin than the older generation which wasn't that exposed to technologies all their lives.
newbie
Activity: 1
Merit: 0
April 26, 2022, 09:39:44 PM
#14
I suggest you to read https://www.dropbox.uk.com/docs/59687941/Instructions.pdf  you will understand  Cheesy Cheesy Cheesy
legendary
Activity: 2170
Merit: 3858
Farewell o_e_l_e_o
April 26, 2022, 09:36:20 PM
#13
For now, bitcoin and cryptocurrencies and mostly a millennials.

Generation Z people are still studying, they are just kids or having their first jobs. They do not have money to invest yet.

Anyway, it is very likely that cryptocurrencies are still going to be around in 5-10 years, when Gen z are going to be working and making money and investments.

We can see that younger generations are more willing to invest in stocks and cryptocurrencies than older gen
It is how the world grows and changes with time, over different generations. Younger generations will create and be important parts of growth in new trends, new eras. They will control new trends, new games and collect capital from older generations over time.

Quote
The graphics is informative and shows the fact. The younger people are, the higher risk acceptance they have. It is true from stocks to cryptocurrencies.

Gen Z people will be energy for growth of not only Bitcoin but also cryptocurrency in general. The demographic changes is fast but in my expectation. People who are curious about it, please check
hero member
Activity: 2786
Merit: 578
April 26, 2022, 06:51:54 PM
#12
And when in a situation that will destroy almost everything near you, bitcoin is the key to keep your wealth.

They'll never know that you own it because it's digital and you can hide it from anyone and remain lowkey that you've been a bitcoin holder ever since.

People will only see that you are when you start to buy those luxuries or anything that you need from your profits.
hero member
Activity: 2072
Merit: 603
April 26, 2022, 10:24:49 AM
#11
Gen Z? I’m not sure if we have explored all the use cases of blockchain ourselves and we talking about Gen Z hnn. I’m more than happy if they are trying their ways into it because that’s what we want. It will create strong pillars for the crypto future but it’s vital to understand what are they upto?

Let’s make sure they don’t just become greedy to earn money from the crypto. That much ecosystem is already ready made but what we need Gen Z to do is invest their time in learning technology behind the blockchain, be a coder, be enthusiastic to develop the same!

Smiley
member
Activity: 1204
Merit: 49
Binance #Smart World Global Token
April 26, 2022, 09:09:50 AM
#10


People in today's era experienced so many things good and bad...and I am sure these things are just the start of many more challenges that can come our way. In terms of innovations, I think only a man living in the cave will fail to see the rise of the blockchain and cryptocurrency...and that is why even some governments and nations like that of El Salvador are now making a stake with Bitcoin. We the people of this generation can be facing a future both bleak and bright...both progressive as well as backwards. Definitely, life will never be the same again but we have no choice but to move on to make sure that we are crafting a better future for ourselves and our families and communities.
member
Activity: 518
Merit: 10
April 26, 2022, 03:40:24 AM
#9
I think we all know that GEN Z are those individuals that were born between 1997 - 2012

Gen Z is the name given to the current generation of young people by many demographic researchers. According to the Pew Research Center, Generation Z consists of people born between 1997 and 2012.

Probably this article will state some relevance between Bitcoin and Gen Z

To highlight the important info from the article:
Quote
  • Millennial, Generation X, and Generation Z investors are most likely to hold cryptocurrencies, while baby boomers are highly unlikely to invest in digital currencies.
  • Cryptocurrencies are the most common type of investment for millennials, on par with stocks and investment funds.
  • Younger investors believe that the greatest return on their investments over the next decade will come from cryptocurrency.
  • Despite the enthusiasm, many investors across all age demographics believe that cryptocurrencies are "too risky" for their investment portfolios.


Here is another Link for Crypto investment DATA comparison between generations.

Quote
Key Findings
  • 94% of all cryptocurrency buyers are Gen Z or Millennials (18-40 years old)
  • Gen X buyers purchased an average of $9,611 crypto last year while Millennials bought $8,596 and Gen Zers bought $6,120
  • Millennial crypto buyers have 5.4x more student loan debt, 2.3x more auto loan debt, and 1.7x more student loan debt than the nation average



With that, we can say Gen Z is bullish on Bitcoin.  They fully grasp the essence of online transfers and transactions and are somehow aware of the importance of cryptocurrency  in their future.




Yeah. You're right. Today's generation is the Generation Alpha (born on 2012- present).
legendary
Activity: 2562
Merit: 1441
April 25, 2022, 07:31:36 PM
#8
There is a game called Coin Hunt World that is similar to pokemon go.

https://coinhunt.world/

I will try to get some of my generation Z family members (when they get older) playing to see if they like it.

My nephew is 8 years old and he knows what DOGE coin is. Youtube, tiktok and other social media platforms seem to have enough crypto content that everyone in that age bracket must have heard of DOGE and similar coin meme trends.

In terms of the youth in my family, the things they're most interested in are fortnite and talking to their friends on the phone. Unfortunately none of them are very interested in crypto.
hero member
Activity: 2030
Merit: 777
Leading Crypto Sports Betting & Casino Platform
April 25, 2022, 03:21:50 PM
#7
Millennials is the generation which pushed bitcoin and the whole crypto ecosystem to the standards we see today. They are responsible for the development, the large market volume, the abundance of services provided and everything else embracing cryptocurrency. The called Generation Z is still a mistery that only time will tell if they are able to overcome millenials in adoption or not. There are different factors which influence their decision in a way or another. The main one I think it's the kind of educational influence they receive on their daily routine.

The issue is that a considerable portion of Generation Z has grown hearing they should hate capitalism, blame others for their own misery, to depend on the state for their needs, to live freely without responsabilities and long term objectives. All those worldviews can be harmful for this generation when dealing with finances and starting investments. They may lack interest or just feel insecure about it.
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