Indeed, the evidence would suggest that senior citizens in Japan and South Korea are slowly starting to develop an interest in cryptocurrency-related matters – although not everybody is ready to embrace the crypto-revolution.
Crypto has received a lot of bad press this year – especially in South Korea, where the government has been vocal about its desire to regulate cryptocurrencies, and where the crypto-keen young often find their interests pitted against more conservative forces. The “stress-induced” death of the country’s top crypto regulator back in February, along with at least two crypto-related youth suicides served to turn many of the country’s older generation off the idea of investing in Bitcoin and altcoins.
“I don’t even like to talk to people my age about cryptocurrencies. I don’t see anything positive about them. Anyone my age dabbling with them could end up losing their life savings.”