Topic: Is targeting younger age groups (coinbase - $10 per student and M.I.T) smart? (Read 1018 times)

I think you are making overly broad assumptions which you base your question off of.

Specifically you assume older folks are more likely to save. It's actually the opposite.
Also while college students certainly imbibe, to suggest that they don't have money for savings is just plain ludicrous.
You can also SPEND btc! It doesn't have to be saved. And what is one of the most popular items to spend BTC on?  It's named after an ancient trade route. College kids love ancient trade routes.

You seem to have very strong stereotypical opinions. Keep informing yourself!
I would suggest zerohedge.com
When you get there do a search for the term "saving" and don't stop reading.

The typical scenario in the US today is;
The older you are the more debt you have. Not savings. Your assumption is totally backwards.

it's probably the only way most of these kids will ever pay off any of their loans

Don't trust anyone over 30.

oh hell

what young guy don't want pay stuff with automated mobile phone, today ?

that's why mastercard/visa/paypal crash at the end.
they are too old to view this (or integrate this).

Yes, targeting students (primarily students in their late teens, i.e. college students) is a smart move since they’ll be the ones who will be making tomorrow (at least to a significant extent). I know that it is cliché to say, but they really are a big portion of how things evolve in so many different aspects (including financial and technology scenes). As someone said earlier, this is a very strong medium to long term move.

 

in the future ... forget "time-number-continuum-to-infinity-theory" .. and stick to integral data type 0-10 < 11-20 < etc..

 

Your poll is screwed up. You can't have the options overlap.

Maybe they'll all get together and start a decentralized student BTC exchange.  

I think the idea is that the students will cooperate with eachother on large school projects, labs, research, etc. With that many people involved (tech students), they could do some pretty big experiments and maybe even write the next bitcoin features.

It is not about 'young' at all.

I bet they already sold their coins

Sad, i'm student but don't have .edu email address

addressing people in Universities for me is great, since they are more proficient with computer stuff, understand how the internet works and can understand the math behind cryptos, are more open-minded, can afford lose more and are more risk-prone than people with kids , mortgage, and lots of bills to pay, and for decades invested their money in the same way.

Yes, you got to look at the long term here rather than immediate term benefits

In the medium to long term, these yioungsters will still be tech savvy and will also have more money to invest in cryptos

Also, reeling them into the ecosystem early may inspire some of them to plug in and contribute to btc ecosystem innovation, which is good for all

It seems to be targeting students and not neccessarily the young.

Coinbase offered $10 dollars if you sign up with a ".edu" email address.  M.I.T gave $100 to each undergraduate.

For everything else, targeting a younger audience is smart because they are usually more tech savvy then their counterparts.  

A younger audience also tends to stay with the "program longest."  For example: I noticed (from a friend  ) that lifetime started making movies with teenage actors (they only used to make movies with adult characters and adult dilemma's.)  I believe they do so to draw a new audience that is more likely to stay with the program they like (they would get older and still watch it because they have fond memories etc)

Does this work for bitcoin?  Lets face it, college kids don't really have any money because of tuition or because they do not have an investment mind (mostly just getting drunk and getting laid).

Most of them might get into btc, but in small amounts (money wise).  Compared with older people who are more wise (saving money) and more likely to buy expensive items (they generally have more money).  Should we target them because they can use it more efficiently (or will it come when the youngins leave it behind for dogecoin  ?)

For example my dad.  I told him about btc but he is more interested in facebook (don't blame me I told him not to buy fb stock) and alibaba (seems legit).  I asked him why he didn't like btc and he said because he was not understanding if it was a currency, a stock etc.  He saw a few segments of the financial newscast that breifly went over btc (screwing up his perception of it as they intended).

So in conclusion, is it smart to go after the younger ones instead of the older people (to get involved in btc)