The major difference between Generation Z and all the other generations, be it the Millennials or Generation X or even the Baby boomers is that for Gen Z information is at their fingertips. It is not something that requires extensive research that can only be gotten from libraries, it's always there out in the open and all that's required are just a few clicks in the right direction.
That my friends is a major reason why Gen Z will always be at loggerheads with institutions like Politics and Traditional Financial bodies. It's the reason why they will never fully trust Political parties and they will have a big apathy for politics, it's also the reason why they won't trust the banks and why they will look for other kinds of money, making the growth of Bitcoin almost impossible to stop. It's because these traditional guys are shrouded in secrecy and information for them is not a common commodity. They aren't transparent and you have to carry out extensive research before you obtain some kind of information.
For a Generation like that who always like to be in the know, who live and thrive on information. And not just information but information that's placed in the open, information that is easily obtainable by anybody, well Blockchain is more than suitable for them. Blockchain not only makes it all open for anyone, it also takes away that secrecy that a lot of things are shrouded in. Blockchain gives them a chance to have a say in many things that were reserved for just a select few. We are seeing the growth of Governance in a lot of projects, the finance industry that used to be really secret is now run by community as we see from Defi and so many other perks that Blockchain gives this generation and the forthcoming ones if you ask me.
Blockchain then created Cryptocurrencies which come up as a rival to Fiat. The decentralization, the secrecy yet openness that it offers, the ease of obtaining whatever information you want, it all goes to place Blockchain and Cryptocurrencies way ahead of traditional finance for Gen Z. That is one reason why I think CBDCs won't work, but that's a whole different topic for another day.
Blockchain offers Gen Z all the many things they love and so much more. With the coming generations who will be more tech savvy and more information hungry, I think the growth of Blockchain and Cryptocurrencies will keep rising. The government will try to control it and impose regulations, they are the government and they thrive on controlling things they believe will rival them. But it's one industry that for all it's bad name still has a lot more to offer. I'm super excited for what the future has to offer for Blockchain and can't wait to be a part of it.
