Generational change has unstoppable momentum, but is not confrontational, as it simply represents a changed way of looking at the world. This shift is inevitable, and it happens because of something that can’t be stopped: people who are somehow co-shaped are getting older and taking over positions of responsibility.
And, it may be that embracing cryptocurrencies is precisely such a generational change, as attitudes that were prevalent in older generations are no longer prevalent in subsequent generations. If we talk about crypto, these attitudes are especially related to technology, money, saving and investing, and online behavior.
Accessibility and Fairness
It is sometimes said that encryption is hard to understand and that joining is a process that still has too much friction and requires Set up a wallet, convert fiat to crypto, and ideally, at least for blockchain technology.
However, another point of view is that getting started with cryptocurrencies requires less homework than traditional investing, and emphasizes the importance of all people open. Friction in cryptocurrencies is real, and learning how wallets and exchanges work is a hands-on education that isn’t particularly complicated.
On the other hand, friction in traditional investing can manifest itself as technical and academic, combining sophisticated tools and occasionally exclusivity.
In some ways, encryption is a fairer choice: since it’s newer, no one has an insurmountable advantage, there isn’t enough time for pecking in order to be embedded, there’s an appeal Motivation for new users, among other things, crypto is inherently anti-hierarchical and exclusionary.
Gamification
The lines between gaming and finance are blurring as crypto projects fuse 8 Bit aesthetics, cute style NFTs, and an interface that looks and feels like a retro game.
For a while, Axie Infinity was a breakout success, ostensibly a game, but also providing a full-time income for some users. The Axie model has proven unsustainable and its price has now plummeted, but nonetheless a seed has been planted and the trend towards gamification has accelerated.
For the home-grown generation of gaming, where there are always consoles in the background, gamified financial products make intuitive sense.
Online life
As generations of people who grew up online mature, digital currencies and virtual assets are a natural fit People lead change.
On the one hand, this could mean that CBDCs would be easier to market from the point of view of organizations pursuing implementation. However, if it rejects both centralization and embraces cashless transactions, then cryptocurrencies will be one step ahead.
Looking at the current state of web technology, we have seen a shift over the past decade or fifteen from the freewheeling liberal ethos that defined the early web to a highly centralized model, In this model, a handful of tech giants exercise a lot of control.
Keep in mind that the reverse swing of the pendulum may be due to decentralization away from top-down micromanagement. If there is such a cyclical trend change, the cryptocurrency will be in the right place at the right time.
Next Generation Opportunities
As a new industry unfolds and expands in real time, blockchain technology will potentially of lucrative opportunities are on the table. Adding to the ease of getting started, an increasing amount of inexpensive educational and instructional content is available online, making useful skills accessible to anyone with an internet connection.
Furthermore, blockchain-oriented projects are often run from the ground up and merit-based, ensuring that if workers are competent and can demonstrate proficiency, factors such as economic or academic background do not matter.
Blockchain developers are seizing these opportunities, but so are artists and designers who have discovered, through NFTs, new tech-focused routes to further their careers.
Myth dispelling
For some time, cryptocurrencies have been in the mainstream media, not just Risky work in progress that is downright dangerous and associated with the darkest corners of the web.
According to this description, cryptocurrency is the domain of criminals and crooks who use it to evade authorities, commit fraud (or worse) and involve victims.
However, among the younger generation, these myths are being dispelled. That’s not to say that scams and reckless or dishonest behavior aren’t a problem, or that criminals aren’t using cryptocurrencies. However, the idea that cryptocurrency is primarily for criminals, that it has no legitimate use case, and that cash is immune to such problems, is simply not correct.
What’s more, some recent crypto implementations are very optimistic, even to the point of naivety: through NFTs, blockchains are being used to trade art and illustrations, and cryptocurrencies are colliding with the gaming industry .
Gradually, a more balanced view came into focus, and the description of cryptocurrencies as inherently dubious no longer prevailed as they once did.
The question is, what if we fast forward five, ten or twenty years? There is no certainty, but a generation of digital natives can easily fit into a generation of crypto natives.
Generational change has unstoppable momentum, but is not confrontational, as it simply represents a changed way of looking at the world. This shift is inevitable, and it happens because of something that can’t be stopped: people who are somehow co-shaped are getting older and taking over positions of responsibility.
And, it may be that embracing cryptocurrencies is precisely such a generational change, as attitudes that were prevalent in older generations are no longer prevalent in subsequent generations. If we talk about crypto, these attitudes are especially related to technology, money, saving and investing, and online behavior.
Accessibility and Fairness
It is sometimes said that encryption is hard to understand and that joining is a process that still has too much friction and requires Set up a wallet, convert fiat to crypto, and ideally, at least for blockchain technology.
However, another point of view is that getting started with cryptocurrencies requires less homework than traditional investing, and emphasizes the importance of all people open. Friction in cryptocurrencies is real, and learning how wallets and exchanges work is a hands-on education that isn’t particularly complicated.
On the other hand, friction in traditional investing can manifest itself as technical and academic, combining sophisticated tools and occasionally exclusivity.
In some ways, encryption is a fairer choice: since it’s newer, no one has an insurmountable advantage, there isn’t enough time for pecking in order to be embedded, there’s an appeal Motivation for new users, among other things, crypto is inherently anti-hierarchical and exclusionary.
Gamification
The lines between gaming and finance are blurring as crypto projects fuse 8 Bit aesthetics, cute style NFTs, and an interface that looks and feels like a retro game.
For a while, Axie Infinity was a breakout success, ostensibly a game, but also providing a full-time income for some users. The Axie model has proven unsustainable and its price has now plummeted, but nonetheless a seed has been planted and the trend towards gamification has accelerated.
For the home-grown generation of gaming, where there are always consoles in the background, gamified financial products make intuitive sense.
Online life
As generations of people who grew up online mature, digital currencies and virtual assets are a natural fit People lead change.
On the one hand, this could mean that CBDCs would be easier to market from the point of view of organizations pursuing implementation. However, if it rejects both centralization and embraces cashless transactions, then cryptocurrencies will be one step ahead.
Looking at the current state of web technology, we have seen a shift over the past decade or fifteen from the freewheeling liberal ethos that defined the early web to a highly centralized model, In this model, a handful of tech giants exercise a lot of control.
Keep in mind that the reverse swing of the pendulum may be due to decentralization away from top-down micromanagement. If there is such a cyclical trend change, the cryptocurrency will be in the right place at the right time.
Next Generation Opportunities
As a new industry unfolds and expands in real time, blockchain technology will potentially of lucrative opportunities are on the table. Adding to the ease of getting started, an increasing amount of inexpensive educational and instructional content is available online, making useful skills accessible to anyone with an internet connection.
Furthermore, blockchain-oriented projects are often run from the ground up and merit-based, ensuring that if workers are competent and can demonstrate proficiency, factors such as economic or academic background do not matter.
Blockchain developers are seizing these opportunities, but so are artists and designers who have discovered, through NFTs, new tech-focused routes to further their careers.
Myth dispelling
For some time, cryptocurrencies have been in the mainstream media, not just Risky work in progress that is downright dangerous and associated with the darkest corners of the web.
According to this description, cryptocurrency is the domain of criminals and crooks who use it to evade authorities, commit fraud (or worse) and involve victims.
However, among the younger generation, these myths are being dispelled. That’s not to say that scams and reckless or dishonest behavior aren’t a problem, or that criminals aren’t using cryptocurrencies. However, the idea that cryptocurrency is primarily for criminals, that it has no legitimate use case, and that cash is immune to such problems, is simply not correct.
What’s more, some recent crypto implementations are very optimistic, even to the point of naivety: through NFTs, blockchains are being used to trade art and illustrations, and cryptocurrencies are colliding with the gaming industry .
Gradually, a more balanced view came into focus, and the description of cryptocurrencies as inherently dubious no longer prevailed as they once did.
The question is, what if we fast forward five, ten or twenty years? There is no certainty, but a generation of digital natives can easily fit into a generation of crypto natives.
