New Generation

The old are wise, but unable to change, the new are inexperienced so they try and fail. The wishes and tastes of generations often are completely different.

In general, the cryptocurrency space is populated by a young educated crowd. As such, many university students have a rudimentary understanding of blockchain technology and the underlying benefits that it can offer.

Reddit Cryptocurrency User Demographics 12/2017

The unique side of cryptocurrencies is not having any age limits for the users. In other words, cryptocurrencies allow everyone with internet access to have direct and a sort of digital bank access.

Currently, the average age that children get internet access is 5 year olds.

U.S. Department of Commerce, Census Bureau, Current Population Survey (CPS), October 2010 and July 2015. See Digest of Education Statistics 2016, table 702.15.

Children are already familiar with the concepts of digital currencies due to the popularity of in-game currencies

In the coming years, we will see the young generation with internet access increasing using cryptocurrencies. Since most will not have their own bank account until they reach their countries age of adulthood. When they reach adulthood, it is probable that they will have at least 10 years of cryptocurrency knowledge.

With this experience, they will not accept nor understand the rules and delays of the traditional financial system, with the speed of cryptocurrencies, one work day or two for transaction period will be completely unacceptable.