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?
I will voice a different view on the reasons for the interest of young people in the bitcoin. This is not at all connected with the technological component (although this is partly true), but with the desire to get easy money. In the modern advertised world of luxury goods and wealth, young people don't want to "long and hard" earn wealth on their own through their own labor. Modern youth is spoiled by the illusion of "easy access" to money thanks to the Internet, social networks, cinema and others. Therefore, most of them, not having useful and valuable skills and abilities, but "laziness and greed" are looking for easy ways to get rich. This path can be gambling, for example, but also investing in modern types of assets, such as bitcoin. Therefore, I associate the great popularity of bitcoin among young people with this.
That is also true. I have always thought that many kids nowadays are too exposed on social media therefore changing their minds about how they perceive certain things. Like we see on social media, people are doing well and buying all kinds of stuff and kids now want to copy those hence the strong desire for immediate profit.