XtendedView

  • Facebook
  • Pinterest
  • RSS
  • Twitter
  • Home
  • Technology
    • How to
    • News
    • Computer
    • Windows
  • Internet
    • WordPress
    • Web
    • Google
    • Marketing
    • Social Media
  • Gadgets
    • iOS
    • Android
    • Games
  • About
    • Our Team
  • Contact us

Why Is Bitcoin Particularly Popular with Younger Generations?

Author: Editorial Staff   Last updated on: August 17, 2022    Leave a Comment  

Technology reaches into many sectors and has a significant influence on our lives. Tech is also a force for change in many industries and has helped them operate in a more accessible, streamlined manner. The global world of finance is an excellent example of this, and technology has made it easier than ever for people to invest their spare money into assets like stocks or shares.

Tech has also played a considerable role in terms of what we can invest in – with cryptocurrencies being a good example. Out of all the many coins people seem to love, Bitcoin remains the most popular.

If you do not know much about this form of digital cash yet, the AskTraders Bitcoin for beginners guide is a great place to learn.

Although digital cash is popular across the board, Bitcoin seems to be particularly loved by younger generations – but why is this?

Younger people love tech

From the internet to smartphones, tablets, and Xbox wireless headsets, younger people genuinely love tech. They have not only grown up with the latest technology but developed a real need for it. That makes them the ideal market for tech-based currencies like Bitcoin.

Bitcoin has enjoyed massive media attention

Although all generations keep an eye on the media, younger generations seem to be especially savvy with this. As a result, they are far more likely to hear what is being reported and more influenced by what they see and read.

Bitcoin undoubtedly has picked up masses of positive headlines over recent years and enjoyed a lot of attention on social media sites that younger people frequent. Therefore they are more likely to have heard about it and are far more likely to hold a positive view of cryptocurrency.

A new, cooler way to deal with money

Bitcoin seems especially popular with younger people because it is a new, cooler form of money. This alone is enough to attract many to it and make them more likely to take an interest in its use. Compared to paper money or even using a debit card, Bitcoin payments just seem so exotic!

Many younger people have also developed a distrust of traditional financial institutions and the current banking system. That is mainly because of the numerous global financial disasters they have witnessed in the last few decades (such as the Great Recession from 2007 to 2009). Due to this, they are far more likely to focus on Bitcoin as a better alternative for investment.

Bitcoin is a hit with younger people

There seems little doubt that Bitcoin is particularly popular with the young. As the above shows, this is due to a few reasons. The picture gets even clearer when you add in how proactive many youngsters are about their finances and how easy it is to invest/use Bitcoin.

Filed Under: Technology   

More on XtendedView Right Now!

  • 3 Incredible Ways Home Automation Can Benefit Your Everyday Life

  • 10 Important Cryptocurrency Facts You Should Know

  • Andrey Berezin and his Euroinvest: Mirror of Change or Locomotive?

  • How to Choose Best Connected Car System

About Editorial Staff

This is the team of writers and editors at Xtendedview.

Editorial Staff has written 557 awesome articles for us at XtendedView.

  • Find Editorial Staff On
❮
How to Set Up Xbox Wireless Headset?
❯
What is a Smart Contract in Blockchain and How Does it Work

 Comment Policy

Your words are your own, so be nice and helpful if you can. Please, only use your REAL NAME, not your business name or keywords. Using business name or keywords instead of your real name will lead to the comment being deleted. Anonymous commenting is not allowed either. Limit the amount of links submitted in your comment. We accept clean XHTML in comments, but don't overdo it please. You can wrap code in [lang-name][/lang-name] tags.


Tell us what you're thinking... Cancel reply

If you want a picture to show with your comment, then get Gravatar!

Connect on Facebook

How To Tech

Latest Articles

  • Top 5 Grammar Checkers (Must Have Tools)
  • How to Fix Mouse Lag in Windows 10
  • How To Change MAC Address Of Android With or Without Rooting
  • 8 Best SpeedFan Alternatives for Computers for Windows and Mac

Featured Articles

  • How to Turn off Laptop Screen Manually
  • Best Alternatives for Logic Pro X on Windows 10
  • Digital Ocean Review: Cheapest cloud hosting
  • How to run Android applications on MAC
  • How to remove login password from windows 8
  • How to Play Android games on Windows PC

Trending Topics

  • Android 22
  • Apps 20
  • Automobile 5
  • Blogging 32
  • Business 108
  • Computer 130
  • Education 12
  • Games 7
  • Games 13
  • Google 13
  • How to 75
  • Internet 232
  • Marketing 10
  • Mobile 51
  • Technology 216
  • Windows 16
  • Wordpress 13
  • Some Rights Reserved. Xtendedview | Copyrights 2011-2025 | Site Map | Privacy Policy
  • XtendedView is built on WordPress
  • WordPress Hosting by Bluehost