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RE: How many Americans have heard of Bitcoin? Check out this survey to find out!
The older generations are very reluctant to change. They just don't want to be bothered with all the new tech stuff. the way I see it: the future of cryptos is firmly in the hands of the millenials. If this survey was broken down into various age groups, the results would be heavily skewed towards the the Under 40 category.
The boomers, many of whom are precious metals bugs and stock market investors, just don't want to hear about bitcoin. In their minds: bitcoin is "not backed" by anything.
spot on. I am 43 and am definitely old on here. I hope people (younger guys) remember that gold and silver are for the times when the crypto's don't work. It seems like some younger people dismiss metals. I see the value of crypto's but it is a nightmare to negotiate from a micro-investors mindset. It seems you have to go by instinct mostly after you digest thousands of hours of information.