They keep mentioning that bitcoin is seen as digital gold by many. But I think a lot of young people being interested in bitcoin is also due to its technology since we know that a lot of youngsters nowadays are quite tech savvy. A lot of young people are now making their own tokens. Are there other reasons for why youngsters are interested in bitcoin now?
This is indeed the major reason why young people have the highest population among crypto investors. Most people beyond the age of fifty are not technically inclined so they see Bitcoin as complicated to buy or sell. They still hold on to traditional investments like stocks, real estate, and physical precious metals.
Profitability is another reason why young people are interested in Bitcoin. They have learned that investing in the coin brings more returns than traditional assets.
Young people like to have full control of their investment. Some of them are attracted to Bitcoin since it is decentralized.