Topic: How useful is Bitcoin to the youth? - page 8. (Read 1316 times)

Indeed, given that the young generation today is technologically inclined, they are more likely to be interested in this new digital currency and investment. Also, youths have more time these days to really put an effort to understand the technicalities of cryptocurrencies that is vital when you are trading and/or investing on it. I think it is great that some are taking interests at these since the future will be more inclined to digitalization and some are really risk takers that they can mostly invest since they are at a young age that is okay for them to take higher risks. But, to answer the main topic, bitcoin is useful to youth since it is a kind of investment that can really help you to be financially stable in the future. Just take calculated risks so that you can assess and make wise decisions.

Not even just investment of their money. When you are young, you have time and effort you can put in but not a lot of money, when you are old you do not have too much effort to put in it but have money. So, the youth could work hard with the extra time they have on their hands and the hard work they can put into it, and make that money. This doesn't have to be trading or investment, most of the time it is not. This needs to be something like working for someone else, and that usually means a project, and that way they could make money.

The amount of money I made in my 20's and early 30's thanks to bitcoin will not be equal to how much I will make in my 40's, I am sensing I will make more. But at the same time, I worked a lot harder than my peers and made a lot more money than anyone around me as well.

Most of them already know about it and I think they already hold some bitcoins because their minds are fresh and clean and when they have common sense without blindly following the mainstream media, they would really support the idea behind bitcoins. they are important to Bitcoin's success because in the future we really need their help to continue the legacy and to be part of the people who are buying and keeping bitcoins liquidity and transactions.

There is a good relation between Bitcoin and youth. Bitcoin is a digital currency and its transactions are conducted over the internet. Youngsters are more prone to use the internet, so they can easily use Bitcoin. This is the main reason to get rapid popularity of bitcoin. Youth can easily accept Bitcoin, So most of the youth users use Bitcoin most. People who are middle-aged or older are generally less interested in Bitcoin. A large number of people don't know about Bitcoin and some others know but can't take the risk. Those people are generally more attracted on gold. In any kind of work the youth are always ahead. The interest that young people have in BTC is gradually expanding, while many older people are now slowly getting inspired.

Bitcoin has helped and empowered the youth than any Government, youths are now depending on Bitcoin to survive than anything job because Bitcoin has no limitations,either age none degrees. In Bitcoin age doesn't not Matter, once you have the knowledge of it, you're good to go, both old and young ones are into Bitcoin. University degrees doesn't count too, Bitcoin has broken the record of being the only platform where uneducated youth earn more than a professors, Doctors and scientists. Bitcoin is a classless platform it gives opportunity to both the rich and the poor, it's bridge the gap between poor and rich people in the society. Bitcoin has eradicated poverty among the youths and has deverted the attention of the youths to it than Government policy. This is one reason the Government are fighting Bitcoin. They know Bitcoin has impacted than them,

Young people specially in underdeveloped countries find it hard to do freelance work because of complications involved in receiving money. Teens under 18 are usually not allowed to open bank account. Now with bitcoin every youth is enpowerd to do online work of his choice without worrying about how to receive payments. Having said that I would say bitcoin has benefited humanity beyond age, color and race.

If I speak from my side, I would say Bitcoin has brought the most benefit to the youth. Although Bitcoin has benefited people of all ages here, it has benefited the youth relatively more. Bitcoin has greatly benefited the youth in the less developed countries where the youth are usually unemployed. I have seen from my country many young guys are living very hard life before entering bitcoin forum. But they have now changed their lives a lot by working on Bitcoin. From this point of view, I see Bitcoin benefiting the youth the most.

Bitcoin can be useful to the youth because it can be a good investment opportunity for them specially to those who are interested in finance and technology. Bitcoin has the potential to increase it’s value in long term for potential profit. Bitcoin can give opportunity for the youth to learn more about finance, investments, economics and technology. By researching and studying crypto currencies can enhance the youths knowledge and skills that they can be useful in their future goals.

Young generation is much into bitcoin usage on different needs. In recent years more youths have moved their eyes from stock market towards cryptocurrency. We need to give more awareness, right now it is possible to see technically skilled people not part of the cryptocurrency, but the common man making use of it. I don't understand why is this? Even a friend of mine working for a multinational company isn't able to accept its existence and growth. They all have a mindset of terming it as gamble. Proper awareness is the right thing than can ease out people's involvement and active usage of bitcoin and other cryptocurrencies.

Many individuals and institutions have a keen interest in digital payment systems, given the increasing popularity of such systems. Although numerous digital fiat payment systems exist, they are accompanied by certain challenges and constraints. This is where Bitcoin comes in. As young people are already witnessing the ongoing digitization, they are likely to become Bitcoin enthusiasts when they recognize its true potential. As a result, it is critical to educate young people about Bitcoin, not just as an investment opportunity, but also about how it can simplify digital payment systems. With Bitcoin, transactions can be conducted across borders without the involvement of third parties.

Bitcoin is perfect for digital business since Bitcoin can be used as a mode of payment.  Making money from Bitcoin is not limited to only trading and mining.  You can make money by using Bitcoin as a mode of payment and attract Bitcoin users to buy to your merch and use your service because you accept Bitcoin or we can accept Bitcoin as payment if we do freelance jobs. We should expand our imagination and thinks about why the feature of Bitcoin is beneficial for youths.



Given these pros, we can tell that  Bitcoin can give youth an advantage in gaining their financial freedom.

At least one thing i love about bitcoin is that it doesn't need any publicity to spread across the globe why because everyday by day people are talking about bitcoin, media channels such as facebook, twitter, instagram, Youtube channels are really spreading the good news of bitcoin.
The only thing we need is to wait and excises patients while the price gradually increase and spread over the world, yet we know that bitcoin is a soul saver and helper to the young youths that are growing up today most especially those that are unemployed.

There is a popular saying that the youth are the future of tomorrow. You can't compare the level of awareness of bitcoin on the youth and the aged, of course the rate of awareness on the youth is far more against the aged in all ramifications including usage, mining etc. Everyone is open to the technology of blockchain and bitcoin but the discuss is that it is the youth that will sustain it. By this the level of adoption in 20 years from now will be higher than what we see now owing because the youth of today has higher chances of being alive in 20years time than today's aged, this means accessibility and use will further increase. Most aged don't know what bitcoin is but in 20 years in the future, most aged will have a clear and better understanding of what it is.

I think the benefits of Bitcoin can be felt by people of all ages. While some young people may be more curious and open to exploring new technologies, not all young people may have the same level of interest or curiosity in Bitcoin. It's important to provide guidance and education to all individuals who are interested in exploring the world of Bitcoin, regardless of their age. That's a good direction for those interested in bitcoin.

No argument about this as we know the aged are going to pass away for the new generation where youth belong to. The growing businesses are already having the option of bitcoin payment and the youth are not new to it because of the social media space that have gone viral. The awareness is high on the benefit of bitcoin use like trading, mining or affiliate bitcoin businesses. However the challenge with youth on this is the rush for money through bitcoin because of unemployment and that get them scammed more than they profit in bitcoin.

Entering the digital era, young people today are more likely to be interested in digital investments, especially in cryptocurrency.
Young people now choose to start investing in Bitcoin because the benefits obtained can be faster and anyone can get it easily.
Bitcoin, which continues to reach new ATHs, provides tremendous appeal. There are many benefits that young people feel today with Bitcoin.

Bitcoin gives them an opportunity to start organizing their digital investments properly.

Seeing the enthusiasm of young people for Bitcoin or cryptocurrency today is certainly extraordinary.

As in a survey conducted in the US about how many cryptocurrency users by age and gender.

Crypto investments are more dominated by men with young people aged between 18-29 years.


https://www.pewresearch.org/short-reads/2023/04/10/majority-of-americans-arent-confident-in-the-safety-and-reliability-of-cryptocurrency/

I think often times we tend to sell the dream to our friends and we neglect to educate them on the journey. What I mean is we introduce people to bitcoin with the idea of them making profits and becoming financially free, all this is attainable btw but it’s a end-product of hard work, research, investing, hodling, and patience. I think we need to start educating people on the journey it takes to get to that result that they desire.

I agree on this. I discovered Bitcoin when I’m a graduating student in college. My family is poor which is the reason for me to not have enough allowance for my personal needs. I earn Bitcoin that time in faucets and ptc in exchange for my time of solving captcha while using my aunt desktop computer that lend to me for my studies. I manage to earn that time huge amount of BTC but the fiat equivalent value is not that high but still I’m happy to have extra income hoping that the price will grow.

My prediction is correct and I manage to gain significant amount of money during my early years of my job. I still hold some but I sold most of my holdings the first time Bitcoin hits 20K during 2017. I my profit on asset in stock market and real estate property. I use my job as cover up for source of income when someone in my neighborhood ask me how did I get rich.

This forum can help you to increasing knowledge, how you make money from crypto currency. First of all you should study on bitcoin and altcoins discussion section. There has lot of topic about btc and altc market so just search him now. Without i can't help you financial problem so try your best place.

Bitcoin, a decentralized digital currency, can be useful for the youth in various ways. Here are some reasons why:

Financial inclusion: Bitcoin allows anyone with an internet connection to participate in the global economy, without the need for a traditional bank account. This can be particularly useful for the youth who may not have access to traditional banking services, such as those who are unbanked or underbanked.
Low fees: Bitcoin transactions have significantly lower fees compared to traditional financial transactions. This can be beneficial for the youth who may not have much money to spare for high transaction fees.
Investment: Bitcoin has the potential to offer a high return on investment. For young people who are interested in investing, Bitcoin can be a viable option as it offers a high degree of liquidity and can be traded easily on exchanges.
Learning opportunity: Bitcoin can offer an opportunity for young people to learn about finance and economics. As Bitcoin is decentralized and not controlled by any government or institution, it offers a unique perspective on how money and finance work.
Innovation: Bitcoin is based on blockchain technology, which is a rapidly developing field with many potential applications. By learning about and using Bitcoin, young people can be exposed to new technologies and potentially contribute to the development of future innovations.
In summary, Bitcoin can be useful for the youth by providing financial inclusion, low fees, investment opportunities, a learning opportunity, and exposure to new technologies. However, it is important for young people to be cautious when investing in Bitcoin or any other cryptocurrency, as it is a highly volatile asset and can carry significant risks.