Indeed.
Young people will take all of what we're doing to the next level, and that definitely includes Blockchain Technology and Cryptocurrencies.
Why would they use FIAT anyways? If relations are now global, payments need to be aswell.
Topic: Young people will drive Bitcoin adoption more than the older generation. - page 9. (Read 2213 times)
November 15, 2018, 08:28:38 AM
November 15, 2018, 08:02:05 AM
Young people are already investing but we need to include old people as well :
1) The old people have lot of savings and thus if they start investing in crypto in huge numbers, we can see growth in crypto prices.
2) Old people adopting crypto means that we can even expect a situation where crypto completely replaces cash.
Actually, old people are those who can easily convey to invest in cryptocurrency. Young people like me will prefer to get job first because I can earn money with it. Unlike old people who don't have anymore strength to continue working for several years and thinking about their future will give importance the investment in cryptocurrency. 1) The old people have lot of savings and thus if they start investing in crypto in huge numbers, we can see growth in crypto prices.
2) Old people adopting crypto means that we can even expect a situation where crypto completely replaces cash.
November 15, 2018, 07:59:04 AM
As much as the older ones have been in existence before the youths and have an established pattern, the youths can help bridge the gap of connecting the older ones with the latest technology which I believe has remarkable results to show it on how things can be done better and faster too.
November 15, 2018, 06:58:02 AM
Young people are already investing but we need to include old people as well :
1) The old people have lot of savings and thus if they start investing in crypto in huge numbers, we can see growth in crypto prices.
2) Old people adopting crypto means that we can even expect a situation where crypto completely replaces cash.
1) The old people have lot of savings and thus if they start investing in crypto in huge numbers, we can see growth in crypto prices.
2) Old people adopting crypto means that we can even expect a situation where crypto completely replaces cash.
November 15, 2018, 06:23:43 AM
Bitcoin will gradually be used in all areas in which Bitcoin should be applied. Perhaps this process would move faster if the adult generation were more open to adopting new technologies. Only thanks to the younger generation and enthusiasm, Bitcoin has become what it is now.
November 15, 2018, 05:40:28 AM
I agree with you. The younger audience is more likely to understand how Bitcoin works and how revolutionary it is. Now that the technology is a part of our necessity, it makes sense that the newer generation would be able to adopt Bitcoin much faster.
November 15, 2018, 05:24:07 AM
Younger generation are more adopted to technology and more open minded about crypto, and the younger generation could create more usage for crypto, while older generation believe more in something tangible, like gold or stock, and some older generation even accuse crypto as a fraud investment because it doesn't got any physical shape
November 15, 2018, 04:07:02 AM
That's really true. Youth of this generation are not always afraid to try things. You can see inventions like hoverboard getting patronized by a lot of millenials unlike old people. And I'm also part of a millenial so I think that cryptocurrency provides me much more convenience because I always transact online.
November 15, 2018, 12:48:21 AM
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.
This tool provides us convenient and an easy way to use and to profit as well.For the young generations that are exposed to social networks and high technology it is certain that young people adopt bitcoin and cryptocurrencies than older ones because older people just tend to use the traditional way on making transactions and hand on fiats whatever they buy in any places that they will go,because for them its hassle free if they used fiats than bitcoin. 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.
November 14, 2018, 09:30:47 PM
It seems to me that not only new technologies have become the reason that young people are more active in accepting Bitcoin than older people. Cryptocurrencies are generally risky business, they require quick and bold decisions, which are more inherent in youth.
Bold decisions are not inherent in youth only. The fact is, the older generation are not much inclined to the contemporary technology trend as most of them are stuck to the old ways of investment (gold and bank investment). November 14, 2018, 08:56:24 PM
No doubt about it. Older people tend to be more wary of new technologies. It's not that easy for them to adapt because they are already used to what they currenly have - having lived for so long. :p
November 14, 2018, 08:52:53 PM
It seems to me that not only new technologies have become the reason that young people are more active in accepting Bitcoin than older people. Cryptocurrencies are generally risky business, they require quick and bold decisions, which are more inherent in youth.
Maybe it also affects, because old people psychology will certainly avoid risk that is high, but young people are always challenged to use greater risk. but in my opinion there are many old people here, so there is another reason, in my opinion because sophisticated technology makes old people not too interested, and more suitable to young people 
November 14, 2018, 06:15:23 PM
Somehow you are right. The younger generation are more impulsive, fearless, careless and more curious about new things. Most of them do not think much about risks as long as they follow their curiosity and maybe this curiosity will open a door to a more advance technology that will cause mass bitcoin adoption as you’ve said.
November 14, 2018, 05:40:26 PM
Yes, I agree totally. Younger generation will drive bitcoin more than the older ones who can't even cope with the present pace. This is a technology that matches with younger age, considering the level of sophistication happening all over the world today.
November 14, 2018, 05:29:04 PM
It seems to me that not only new technologies have become the reason that young people are more active in accepting Bitcoin than older people. Cryptocurrencies are generally risky business, they require quick and bold decisions, which are more inherent in youth.
November 14, 2018, 05:16:41 PM
For mass adoption to follow, both generations should be able to accept Bitcoin as a more convenient way to do financial transactions and not just an asset which could make their money grow or fall into the abyss faster than the traditional assets. Right now, we are all into this journey and every footsteps are being witnessed by us.
November 14, 2018, 05:12:15 PM
I think this is quite natural. Younger generations are always generator of changes and they are accepting new technologies much easier and with less prejudice, they are leaders of changes.
But don't forget that there are some older people who are willing to embrace new technologies and cryptocurrencies too so don't exclude them entirely. Bitcoin is made for everyone and should be available to everyone, no matter the gender or age.
But don't forget that there are some older people who are willing to embrace new technologies and cryptocurrencies too so don't exclude them entirely. Bitcoin is made for everyone and should be available to everyone, no matter the gender or age.
November 14, 2018, 04:59:48 PM
Absolutely YES!, younger people will drive Bitcoin adoption more than the older generation because of quick adaptability to new technology from the young people than the older generation. Currently according to statistic the younger generation take upto 60% of the total numbers of Bitcoin adoptance.
November 14, 2018, 02:52:36 PM
Any invention that the current generation is not ready to drive will wizzle away and there won't be any redemption. Blockchain would be driven majorly by the millenials (those born from 1984) and only few who can fall in line with the current waves from the older generations. The reason is simple. It would take more effort to convince a man to abandon what he has come to know as the way of doing things all is life compared to a young chap who is still in a testing phase of his life on other to decide on the system that works for him in his life.
November 14, 2018, 02:14:10 PM
the 80's and 90's is the 1st one to accept. older generation wont like it. bitcoin and crypto as whole will destroy their old system. younger generation should not be any problem using bitcoin and crypto as well.
In my country younger generation are accepting the new technology and innovation of crypto as well as other resources. But older peoples are exploring the nature so they are all not ready accept these things. Nowadays signals strength are affect the many birds so nature will be died in future. So we decide to improve some technology in green revolution then only all are accepting the upcoming technology.
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