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Topic: Young people will drive Bitcoin adoption more than the older generation. - page 3. (Read 2213 times)

hero member
Activity: 2128
Merit: 520
Now that is the era of the new millennial the people that belongs this era are very familiar with digital gadgets and equipments are easily learning this new technology , that is why there are many young people who are really adopting bitcoin because they easily learn the work and process compare to the older generation which have limited know how on bnew technology and digital gadgets.
They are much open minded and they can easily adapt how the system works and how it can help them in many ways for dealing transactions, those new breed can adopt system and new technology without questioning the usage unlike old pal's who always in doubt as they don't have any insight regarding to this new innovations around the financial system.
sr. member
Activity: 2030
Merit: 356
I agree which is the main reason of why I think the adoption of bitcoin and cryptocurrencies is going to take longer than expected, the technology is so innovative that many old people do not understand it and they do not want to do it, this is something similar to what happens now with people that refuse to use computers, it is something completely foreign to them and they do not get it, so we will need the current generation of young people to get older so we can access the older demographic and those that are young as well in the future.

Bitcoin is surely not for the older people. Bitcoin is a bit techy and it can only be understand by the new generation who have good understanding of internet and emerging technologies. Without this knowledge, one may not be able to use Bitcoin easily.
member
Activity: 462
Merit: 14
There is no gender and age when it comes to bitcoin investments so I doubt that op stating about younger generation won't help bitcoin get hype. Rich people do from their trading activities but usualluly it is their pump up and down activity that kills bitcoin from time to time. This due to the large loss on transaction when they trade large volumea.of bitcoin. only exchanges will gain much.
hero member
Activity: 2660
Merit: 551
Possibly, but the thing about this whole "young people will drive bitcoin adoption" thing is that "younger people", millennials specifically don't have enough money to spend on bitcoins, let alone spend on anything no matter how we want to or how much of a tech-savvy we are. But I guess it depends on the person and his/her priorities.

Good point. But about asking their parents for initial investment?

As I parent I'm willing to give my children some money for the purpose of putting it in a investment, it doesn't matter if its crypto or in stock market. As long as their purpose is to learn how to make money then I'm with them 100%.
hero member
Activity: 916
Merit: 500
We know that younger people these days are used to everything being faster and more efficient, because they have been exposed to technological innovation from their birth.

The younger people entered this world at a much faster pace than the older generation and they are being bombarded with choices like no generation before them. They are also used to instant gratification, because technology has enabled a world where things happens almost instantaneously.

Bitcoin is just another technology where things are done more efficiently and much faster than the traditional options available and the younger generation are drawn to these technologies, like a moth to a flame.

Bitcoin should be applied to all services where there are a need for more speed and efficiency, to draw in the younger generation that are constantly searching for that.

Do you agree? Let's discuss this and see if we can target the correct demographic with this technology.  Cool

I agree younger generations now are aware of the new technology and the older generations a few percentage are willing to adopt the technology that is arising now. This is the modern times now and all of us needs to adopt or else we will be left.
sr. member
Activity: 952
Merit: 274
We know that younger people these days are used to everything being faster and more efficient, because they have been exposed to technological innovation from their birth.

The younger people entered this world at a much faster pace than the older generation and they are being bombarded with choices like no generation before them. They are also used to instant gratification, because technology has enabled a world where things happens almost instantaneously.

Bitcoin is just another technology where things are done more efficiently and much faster than the traditional options available and the younger generation are drawn to these technologies, like a moth to a flame.

Bitcoin should be applied to all services where there are a need for more speed and efficiency, to draw in the younger generation that are constantly searching for that.

Do you agree? Let's discuss this and see if we can target the correct demographic with this technology.  Cool
I think the reason why the percentage of the young people who will adopt bitcoin has a high percentage than the older generation. Actually I have experienced with it,  my younger brother is now interested and now using bitcoin but my parents are still do not have care about it.
jr. member
Activity: 72
Merit: 2
Possibly, but the thing about this whole "young people will drive bitcoin adoption" thing is that "younger people", millennials specifically don't have enough money to spend on bitcoins, let alone spend on anything no matter how we want to or how much of a tech-savvy we are. But I guess it depends on the person and his/her priorities.
full member
Activity: 528
Merit: 100
We know that younger people these days are used to everything being faster and more efficient, because they have been exposed to technological innovation from their birth.

The younger people entered this world at a much faster pace than the older generation and they are being bombarded with choices like no generation before them. They are also used to instant gratification, because technology has enabled a world where things happens almost instantaneously.

Bitcoin is just another technology where things are done more efficiently and much faster than the traditional options available and the younger generation are drawn to these technologies, like a moth to a flame.

Bitcoin should be applied to all services where there are a need for more speed and efficiency, to draw in the younger generation that are constantly searching for that.

Do you agree? Let's discuss this and see if we can target the correct demographic with this technology.  Cool
You have a point that the new generation have a high chance to adopt digital currency than the old generation. Like nowadays, because of the social media platform; there are now many teens who are now interested to digital currencies.
member
Activity: 322
Merit: 10
Now that is the era of the new millennial the people that belongs this era are very familiar with digital gadgets and equipments are easily learning this new technology , that is why there are many young people who are really adopting bitcoin because they easily learn the work and process compare to the older generation which have limited know how on bnew technology and digital gadgets.
full member
Activity: 476
Merit: 100
While it is true thst young people are open to change, the generation today doesn't have the patience to wait things out and even emotional quotient to stay in the msrkrt long enough to see profit. These same young people want to get rich quick and would place their money now and expect it to triple the month after, if not they'll pull out.
full member
Activity: 812
Merit: 100
We have different ways how to handle everything about crypto even the new generation is more faster to elders. But elders is much more have idea because they start in crypto in the same year that crypto start. So it's fair to new generation and old but we have different way and idea it comes to crypto.
legendary
Activity: 1988
Merit: 1768
I agree which is the main reason of why I think the adoption of bitcoin and cryptocurrencies is going to take longer than expected, the technology is so innovative that many old people do not understand it and they do not want to do it, this is something similar to what happens now with people that refuse to use computers, it is something completely foreign to them and they do not get it, so we will need the current generation of young people to get older so we can access the older demographic and those that are young as well in the future.

For the older generation crypto is simply still too complicated and therefore only a few older people use crypto. So far thats are my own experiences of the last years with the older generation and crypto. Only if there is a 1 or 2 click solution for crypto, it will be interesting for the older generation. The handling of crypto has to become generally easier, so that all generations can use it.  Smiley
member
Activity: 728
Merit: 11
https://streamies.io/
We know that younger people these days are used to everything being faster and more efficient, because they have been exposed to technological innovation from their birth.

The younger people entered this world at a much faster pace than the older generation and they are being bombarded with choices like no generation before them. They are also used to instant gratification, because technology has enabled a world where things happens almost instantaneously.

Bitcoin is just another technology where things are done more efficiently and much faster than the traditional options available and the younger generation are drawn to these technologies, like a moth to a flame.

Bitcoin should be applied to all services where there are a need for more speed and efficiency, to draw in the younger generation that are constantly searching for that.

Do you agree? Let's discuss this and see if  we can target the correct demographic with this technology.  Cool
bitcoin and the actual altcoins should be applied to the payment or transfer. Because the blockchain technology will do it very fast and I highly appreciate it. But governments do not let this happen because it is risky for the country. We need to create a revolution.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
I agree which is the main reason of why I think the adoption of bitcoin and cryptocurrencies is going to take longer than expected, the technology is so innovative that many old people do not understand it and they do not want to do it, this is something similar to what happens now with people that refuse to use computers, it is something completely foreign to them and they do not get it, so we will need the current generation of young people to get older so we can access the older demographic and those that are young as well in the future.
legendary
Activity: 2058
Merit: 1015
Agreed, younger generation is more active when it comes to technology. It's just, they have a weaker hands. They love getting explored but without completely knowledge on what they are doing resulting into not so good. They should understand first before getting into it so that they won't get upset when they suffer losses.
legendary
Activity: 1358
Merit: 1000
I don't know, msybe because young people are more open to change and haven't had a set niche to get used to snd are usually more adaptive to new, exciting and innovative things in their lives. But then again, saying this across all young people wouldn't be true because again, some young people are hipsters and would want to be set in their ways.

Although I know a man of 63, who is trading actively, I suppose there are not so many people of this age do it. Young guys are eager to try everything new. They are surely opened to the cryptocurrencies and ready to trade.
newbie
Activity: 37
Merit: 0
In a technology of less than 10 years, which solely rely on internet and money. The risk to take up the space was left in fewer individuals that believe they afford to lose some money. Later some people did that to compete with people from other technology. I believe younger people are still more in the space, it just need to increase.

Ofcourse, because these young individuals have no fear in and it's not afraid in trying. They experienced less downfall and more on success, because they are stronger than we expected.
but most young people prefer to have fun rather than think about their future and still depend on parents. not all young people will work here, because people's success is different.
Lol, you just said the truth, but it’s not everyone that is like that. Some people choose to be useless, but there are still a lot of hardworking youths out there that are independent of their parents and are always working hard to make money on their own and even help their family. And I don’t think the youths are what we need mostly,whatever is meant to be will always be, no matter what.
newbie
Activity: 60
Merit: 0
I agree that many young people understand the functions and benefits of technology where their daily lives are filled with technological utilities, if bitcoin and altcoin are able to answer all the needs of this young generation, the development of crypto will progress rapidly

The thing is , older people cannot envisage a crypto-based economy nor how blockchain-based services could impact their lives. Having to even wait in line for a doctor's appointment should be a relic of the past.  Projects like hinounou protecting the well-being of elders, or tapnetwork that protects sensitive data in the world of advertisement, and more, must get some recognition by the mature audience because, even if it doesn't seem like much, if those ecosystems get implemented, life could be much more secure and our rights far more protected. Everyone would realize that and run to crypto for cover!  After all, isn't change the only thing certain in this world?
full member
Activity: 566
Merit: 102
We know that younger people these days are used to everything being faster and more efficient, because they have been exposed to technological innovation from their birth.

The younger people entered this world at a much faster pace than the older generation and they are being bombarded with choices like no generation before them. They are also used to instant gratification, because technology has enabled a world where things happens almost instantaneously.

Bitcoin is just another technology where things are done more efficiently and much faster than the traditional options available and the younger generation are drawn to these technologies, like a moth to a flame.

Bitcoin should be applied to all services where there are a need for more speed and efficiency, to draw in the younger generation that are constantly searching for that.

Do you agree? Let's discuss this and see if we can target the correct demographic with this technology.  Cool
Lol, don’t be surprised if they will be the ones to forget about it. Majority of people believe that Bitcoin is just another sort of Ponzi, and for the fact Bitcoin is volatile makes a lot of people not to be interested in it. And I’m sorry to say that Bitcoin is not even the fastest means we have for transactions, but I do know it is fast in its own ways.
full member
Activity: 490
Merit: 100
We know that younger people these days are used to everything being faster and more efficient, because they have been exposed to technological innovation from their birth.

The younger people entered this world at a much faster pace than the older generation and they are being bombarded with choices like no generation before them. They are also used to instant gratification, because technology has enabled a world where things happens almost instantaneously.

Bitcoin is just another technology where things are done more efficiently and much faster than the traditional options available and the younger generation are drawn to these technologies, like a moth to a flame.

Bitcoin should be applied to all services where there are a need for more speed and efficiency, to draw in the younger generation that are constantly searching for that.

Do you agree? Let's discuss this and see if we can target the correct demographic with this technology.  Cool
of course, even the younger generation is easier to understand bitcoin and crypto, because everything is related to the internet and technology, while older people will find it difficult to understand, even to understand the internet it will be difficult if not with a strong desire.
it will be difficult to implement bitcoin on all services, especially if it is also available for older people.
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