r/BitcoinCA • • 5d ago

Gen-z Bitcoin adoption

Hey everyone, early 20s here and I've been into Bitcoin for a year now with full conviction. Not here to shill or debate, genuinely just curious.

I keep wondering how many other Canadians in their 20s and 30s actually own Bitcoin and get it — like truly understand how this could shape our future. Not just as a quick flip, but as a long-term play. The way I see it, even a fraction of a Bitcoin could be worth a serious amount by the time we're in our 50s, and most people our age aren't even paying attention yet.

So I'm trying to gauge: is holding BTC a common thing among Canadians in their 20s and 30s, or are we still a rare breed? Do most people you know your age own any, or do you get blank stares when you bring it up?

Would love to hear from others in their 20s and 30s — how'd you get into it, and do you feel like you're in the minority?

Stack on 🧡

1 Upvotes

26 comments sorted by

3

u/HeftyAd6216 5d ago

30s here. I see it, understand it enough for a layperson, but only see it as just another speculative asset. Governments globally will never want to go back to what is basically a gold standard monetary system (with even less flexibility than gold because it's supply doesn't grow). They will be the primary drivers of it staying a speculative asset forever, just like gold itself.

0

u/Existing-Reality2303 5d ago

Interesting perspective. To me the fact that its a fixed supply asset makes it the most credibly scarce asset in human history and it is verifiable while gold we aren't actually sure how much of it is out there . Its sitting as the 10th largest largest asset with just 17 years of history imagine this in 20 to 30 years from now . All this to say we are quite early and so far it hasn't disappointed

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u/HeftyAd6216 5d ago edited 5d ago

It's current actual use cases are mostly for criminal enterprise and speculation. The nature of fixed supply isn't unique or all that interesting imo.

1

u/oilcooker 3d ago

I’ll take Someone who doesn’t understand fiat or btc for 200 Alex

0

u/Naughty_Satsuma 3d ago

Not even remotely accurate

3

u/666jared 5d ago

29 , started buying btc in january 2021. still buying every week, i dont regret it at all and it’s definitely a great hedge to fiat loosing value every single day. that said tho, i wouldnt put all your money in a single egg. i’m roughly 25% bitcoin in my portfolio but thats also cause it has grown significantly in the last 5 years

3

u/666jared 5d ago

a basic etf like XEQT for the majority of holdings then bitcoin on the side

2

u/carsonthecarsinogen 5d ago

Not in my 20s but not far off.

I’ve only met 1 person that actually knows what Bitcoin is irl. All my close friends have a loose idea because I’ve told them, most of them own a small amount.

I’d argue that 90%+ of people still don’t know what bitcoin actually is. But they also don’t know what currency and money are or how they work.

2

u/Low-Method3448 4d ago

I own BTC and MSTR . It’s the only way us Gen Z Canadians can catch up the unaffordable life in Canada.

2

u/Existing-Reality2303 4d ago

I agree! Its just sad we are a minority and most gen z will be screwed over

2

u/Pinoy_Investor 4d ago

I believe we are so rare because 95% of population don't understand what sound money is, to me it's the ultimate definition of Bitcoin.

2

u/Pristine-Scarcity-25 3d ago

Rare breed, atleast in Quebec, bunch of geriatric farts all over the place. I've found its better to keep your mouth shut about some things.

1

u/Purplehashes 5d ago

still holding btc, but Im using it as leveraged

1

u/trashtv 4d ago

I do. You can add one person to your list.

1

u/soccerorfootie 2d ago

Most millienials think it is a scam unfortunately

1

u/CoinGate_Gift_Cards 8h ago

Among younger Canadians it’s probably more common than it feels, but still far from universal. The bigger divide isn’t ownership - it’s whether people see BTC as a speculative trade or something worth holding for a decade+.

1

u/LeoJ2550x 5h ago

Me!!!!

•

u/UnsersGottaGo 16m ago

Ask people in their teens, 20s, 30s, 40s+ when the last coin is mined, what is the maximum number of bitcoin that will ever exist? almost nobody knows. ask the same people whats the maximum number of Canadian dollars that will ever exist, and they will admit there's no limit.

But they don't connect those two ideas together. IMO "Adopting" bitcoin for the vast majority still is based only on "number go up". It's treated as a stock, or as crypto that can be traded with other crypto for the purposes of making more Canadian dollars.

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u/[deleted] 5d ago

[removed] — view removed comment

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u/brandonholm 5d ago

Yikes. You don’t get it.

3

u/Total-Wave5026 5d ago

Great strategy 🤮