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.
Before, we used to say this: "we're in it for the tech, for blockchain technology". Nowadays, I don't think that most people who are getting into Bitcoin will say the same thing. It's mostly about it being a store of value, an asset, an investment because of the value of it keeps on growing.
A lot of young people are now making their own tokens. Are there other reasons for why youngsters are interested in bitcoin now?
If we will just be direct about it, it's simply about the value that it has got, the money.
Well, if they've already learned something about it, definitely they will just say the same thing. When I first started in Bitcoin, my impression is like an investment asset, but I've studied about it, now I'm investing for the tech. There are new people coming to bitcoin but we can't deny the fact that the technology behind bitcoin is really good and it's a steppingstone for believing to it. Eventually, people will get a practical thinking that it will not always going up, we need to stick to the narrative of being a digital gold and of course trust the blockchain that backs it. It’s all part of the maturing process as more people get educated. Once they understand what makes BTC unique, they’ll see it’s more than just price hype.