Quote from: Fivestar4everMVP on January 04, 2023, 08:20:02 PM

I agree that Bitcoin and cryptocurrency in general are easily accepted much more by younger people than our older folks, this i believe is because the technicalities involved in buying, selling and even hodling bitcoin cant be easily understood by the older folks, probably because they hardly have the time to sit and study the subject, most especially those of them who already own and are running their own big businesses, they fill they've fulfilled their destinies already, so why the hassle, trying out new stuffs.

Either coincidence or indeed technology is quite limited for parents. Literally the buying and selling process that occurs in bitcoin involves exchange, meaning that there are certain ways of buying and selling that people must learn before trading bitcoins, which may on this basis make it difficult for parents to learn technical matters in buying and selling, plus again having to deal with specific exchanges and wallets.

Moreover, older people are a bit behind when it comes to technology, making it difficult for them to get involved in investing in bitcoin and crypto in general, although not all aged people have this problem.

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But the younger folks that are still searching for their destinies are always ready to try out new things, for this forks, their risk appetite is still on the high side, so its no surprise that they are the ones that easily accept bitcoin and crypto.
I got into crypto in my early 20s though.

One of the accurate reasons, maybe people are still young because they master technology, so it is easier to approach investing in bitcoin and crypto in general, because it is not so difficult to understand blockchain technology or other technical matters.

As data on the percentage of internet users who have crypto currency in 2022, as released by databoks

Source: https://databoks.katadata.co.id/datapublish/2022/02/07/mayoritas-pemilik-uang-kripto-laki-laki-berusia-muda