There is a learning curve with cryptocurrency and people of older generations may have a hard time understanding how this new thing works -- hell there are even many of them who don't have the basic model of a cellphone yet. This is the reason why I don't believe that bitcoin will be the global currency and that we can eliminate fiat money not unless a global decree will force people to use it. of course, governments will not allow that to happen. The term "nerd money" perception can be true with population who are not updated with things new and bitcoin is one of the many modern innovations that many people don't know of and don't care. But I believe that we are slowly getting into the time when bitcoin will be known as the new people's money.
That's certainly true, mate. I believe that the only way to make people use digital currencies more thoroughly would be if governments enforce their usage. Right now, that seems to be almost impossible given that physical money is in use worldwide. However, once the government eliminates physical cash and converts it into a digital currency, then people will have no choice but to begin using this new breakthrough technology.
Older generations will still have a hard time understanding this. But, future generations will become accustomed to the technology, that they will adopt the latest trends in the same. This will probably take some time, as changes happen at a slow pace. The same thing happened with the Internet, where it took some time before people began using it more thoroughly. As time went by, now the Internet has become a necessity where even our elders make use of it.
Nonetheless, Bitcoin is still "Nerd Money" until it becomes easy enough for the whole world to use. With proper education, and collaboration from governments worldwide, Bitcoin and other cryptocurrencies may grow in terms of mainstream adoption. Just my thoughts
