Re: Young people will drive Bitcoin adoption more than the older generation.
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.
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.
Just a small correction. Young people or old people will not drive adoption of Bitcoin what other cryptocurrencies. Adoption rate has nothing to do with speculation rate. We all keep hearing and keep learning that the technology is not yet ready for real world use cases. Transaction speed and transaction per second and privacy of transactions and the transaction fees and so many more challenges are yet to be solved. When the challenges are solved adoption will automatically increase and that will be the real adoption of Bitcoin and other crypto projects. Till then it is all speculation and young people will drive the speculation rate more than the old people because of their over-optimism. But you should never forget that if Bitcoin has the potential to disrupt the US dollar, something else me have a potential to disrupt Bitcoin in near future. Will it be Bitcoin cash? Will it be other dag based crypto projects like iota or c o t i? Or something new all together! No one knows yet and hence we don't know if the world is in need of Bitcoin or iota or c o t i. Time will tell! And until that happens you and me are just speculating. We are not driving adoption at all! Since we don't know what do we wish to adopt. Do we need to pay for 4 hour Starbucks coffee with Bitcoin or Bitcoin cash or iota or a cryptocurrency created by government or something else altogether ?
Did the time we find an answer to the above question, All We Do is speculate. Just wanted to clarify that part in your post