*Reposting this topic from my post in other forum.
There is a huge possibility of younger or new generations adopting cryptocurrency investments compared to them getting interests on farming and food related sectors. What do you think? Does it have a good or bad effects on our economy?
I don't think it will effect the economy. The younger generation is not only focused on investments like crypto. There are many young people who are exposed to technology and are dedicated to inventing and developing new technologies and machines. These innovations are aimed at making it simpler and easier for humans to do heavy work, such as farming and any food-related productions.
With the advent of cryptocurrency in the world in general and in the economic sphere in particular, nothing much will change. Cryptocurrency does not create material wealth, does not increase the volume of manufactured products and food products. Cryptocurrency only slightly redistributes financial flows. At the same time, the population of our planet is increasing, and due to sudden climate change, the volume of agricultural land is decreasing. If the younger generation can eat less, then perhaps they will choose finance as a priority, including more involvement in cryptocurrency. But this is unlikely to happen directly on the scale of an entire generation.