Bitcoin in Gen Z - page 3. | Bitcointalksearch.org

bitmover

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Quote from: serjent05 on April 25, 2022, 01:17:49 PM

I think we all know that GEN Z are those individuals that were born between 1997 - 2012

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

https://www.investopedia.com/younger-generations-bullish-on-cryptocurrencies-5223563

The Cryptovator

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The world moving toward digitalization, Bitcoin is a part of that movement. It's true we learn a lot from the current pandemic of COVID-19, it forced us to use the digital world and we realized how important is it. So more people will be interested in digital currency. Since Bitcoin is the mother coin and king of digital currency, we may expect more adaption of Bitcoin. We have been seeing institutional investors always entering to the Bitcoin and it will increase more day by day.

serjent05

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I think we all know that GEN Z are those individuals that were born between 1997 - 2012

Quote from: https://www.investopedia.com/generation-z-gen-z-definition-5218554

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.

Vaskiy

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For now bitcoin will serve as the digital king, but we can't be sure with the future. In the fast moving world we have been experiencing transition in different forms. What has happened from fiat to the present cryptocurrency is one form of growth in this generation. Technology advances with time, so will be the need of the people. Based on this surely the next generation will look for better form of development.

Zilon

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The relevance of the virtual space and virtual currency has come alive. The different economic, social, religious , political and peer pressure is pointing towards an alternative form of human existence which is the virtual world. And one interesting thing about this space is larger community of like interest can be built upon this without fear of threats to human existence

So far everything around us keeps pointing towards this ranging from Insecurity to currency devaluation and economic crisis, even the political sector is not exempted. It will wise to position one's self in anticipation for the next form of human evolution

izay

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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.

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