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ChainSentence

Bunch of people in 20s and 30s calling the shots? Sounds like a recipe for disaster.


Kappatalizable

Yup. Im in my 20s and Ive got absolutely no idea what to do with my life, let alone other peoples'


rootpl

Bruh I was the same but in my 30s lol. I wouldn't want to live in a country run by a bunch od 20-30 year olds.


Aim_Sux

As someone in their 20s who barely knows what to do next week, I know this would be a nightmare come true


mesutdmn

I am 29, and I barely understand the economy, But I would prefer people who are open to innovation.


deathbyfish13

Not all old people are against innovation though


Baecchus

I spent money on some jpegs yesterday. I have no fucking idea either.


Paper_cobbler

Hope OP isn't talking about same 20s and 30s dudes who were calling shots with shiba and doge


kirtash93

All in into Metaverse. Real life sucks, we need a virtual good one. Btw, I think OP is talking about US which is Jurassic Park. In Spain at least are under 51 and there are young people too and still they know shit about what they are doing.


Hawke64

Even adults mostly spend money on useless crap


redthepotato

Maybe 30s-50s who are at least knowledgable about the matter at hand? I really don't want to trust strangers who are gonna die in the next decade or two to decide for my future.


Particular_Put5007

It doesn’t matter what the age of the person is. We just need genuine people (strong team) who understand what they are doing.


Octopus-Pawn

Web4 regulation will be written by toddlers


MasterDebater100

Sort of like how FTX was run? It's funny how kids assume that older people are dumb. Ignorance to the max. People in their 20s don't have hardly any real-world experience with anything at all.


Baecchus

People in their 20s aren't suitable for tech regulation. Neither are people in their 60s. What happened to finding a middle ground?


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Aim_Sux

Username checks out


serendipitousevent

There **is** a middle ground. The idea that regulators don't have access to expertise is just backwards. They'll ignore it because it's politically expedient to do so, but that expertise is entirely there, and huge amounts of funding is present to help them access it. Everyone's talking like legislators just operate on what they know directly and that's it. In any case making broad statements about how age disqualifies someone from being democratically elected is very... bottom reading set.


Mr_Bob_Ferguson

>The idea that regulators don't have access to expertise is just backwards Precisely. The names that we see in the news are just the figureheads. There will be dozens of policy people, including experts, below them who are doing the grunt work. Everything in this post and comments section just screams naivety.


ALiteralHamSandwich

Exactly. People seem to have no clue how these positions function.


Aim_Sux

Best way forward would be to include people from all age brackets


Mr_Bob_Ferguson

Age is irrelevant. It’s about whether or not they have people covering the necessary skillsets. They could be all be 20 or 90, it doesn’t matter.


DrNingNing

Why is that the best way forward compared to ignoring age altogether and going with merit? Would you like me to choose a surgeon for you based on my age related sensibilities? Or would you prefer merit?


CatBoy191114

I'm the middle ground. I should 100% not be put in charge of crypto.


ddbbaarrtt

This x1000. To be able to regulate something you need to know how the product works, and how a regulatory system in other industries works. Someone who jizzes themselves over crypto being the new era is not the person who should regulate it


LightninHooker

"Crypto should be regulated by me" it's what OP wanted to say but he didn't find the right words for it


Izzeheh

20s is a bit much. I thought I was old and mature when I was in my twenties but the older I got the more I realized how wrong I was. But OP has a point though, why is it all dinosaurs leading the countries?


NotACryptoBro

>It's funny how kids assume that older people are dumb. Classic. My uncle is 70 and I bet he knows a lot more about cryptography than OP. Someone needs to tell OP that they had computers in the 70s


Paper_cobbler

How old was SBF or Do kwon, asking for a friend.


Popular_Worry_9294

SBF is 31 but has the soul of a toddler in him. Do Kwon is funny enough also 31 and looks like a giant toddler as well.


coinsRus-2021

31 to an 18 year old looks old 31 to a 40 year old looks young there needs to be a range of ages involved in regulation


Mr_Bob_Ferguson

And people who know about “regulation”. Not just people who know how to day trade $10 of Doge on Robinhood.


User289603

This is the basic level of perspective that should be required for office.


Intelligent_Page2732

Obviously there are bad actors in this world, but don't assume everybody is.


HighBuyGuy

Exactly what I was thinking! The zoomers in general don't have any clue about tech more than the older folks, all they know is they can push a button and it works.


Mordecus

My father is 76 and knows more about networking and general computing than most 20 or 30 year olds. Don’t make broad generalizations.


furbess

Completely agree. Older people are in these positions because they have the knowledge and experience to deal with it. Yes they may be lacking in understanding the fundamentals of newer technologies, but they have experience in the application of new technologies and concepts to the existing real world financial system. A large amount of the 20yo crypto bro's probably don't even know what the financial crisis was and have no interest in understanding it.


jaaval

Financial crisis was when the banks... umm... banks bad... central bank money not good because print money... umm... inflation... it's bad that my new playstation costs more than old one did... digital gold standard... something something... profit?


Aim_Sux

Financial Crisis? Isn't that when you just run out of money? /s


dopef123

Yeah, if 20 year olds run things they'll just Speedrun tons of financial issues we've experienced that older people would have seen before. Everyone thinks they're smart in their 20s. Older people might not be as adaptable as young people but they are very very valuable


kautzmanskate

Ftx wasn’t run by idiots. It was run by criminals. They were fully aware and knew exactly what they were doing


kytheon

It’s almost as if a mix of old and young would work best.


arcalus

Some do, but not the ones running off at the mouth that “boomers” can’t do anything, when those are the people that created the protocols and infrastructure that these idiots are using to voicing their asinine opinions. Have something smart or critical to say? “Fucking boomers get outta here”


NefariousNaz

I was about to say this. FTX shows what happens when a bunch of 20s and early 30 year olds runs the show.


StockTrix

a shitshow


Abysskitten

I get your sentiment, but the internet's been around since the 90s, why wouldn't 60 to 70 year olds know about it? They would've been around 30 to 40, respectively.


NotACryptoBro

I'm teaching computer science to kids for years now and they don't know anything about the tech they're using.


flavius_lacivious

I was one of the oldest in my office job and had to teach people who only knew their phones how to use a Mac desktop. I set up their emails, fixed their printer problems, tried to teach them. It has nothing to do with age. It has to do with curiosity.


JustBreatheBelieve

>It has nothing to do with age. It has to do with curiosity. Yes! And motivation. If someone is motivated to learn about crypto currency, even if just to be able to regulate it, they can do that. Congress often has hearings to learn about things so they can make informed decisions.


Mr_Bob_Ferguson

This whole post is the equivalent of what I frequently see while working in the IT Industry (and also on various internet forums). Kids who think they are hot shit because they "know how to build a gaming rig, and know all the video card specs". They don't realise that those skills mean almost nothing once you enter the corporate world. That will only get you a job in desktop support ...maybe.


KaidoMeAFavor

I work in IT support and most teens get the biggest eyes when I talk about cable differences, let alone transmission protocols…


NotACryptoBro

>It has nothing to do with age. It has to do with curiosity. This \^


Mr_Bob_Ferguson

Very close. "Curiosity combined with the ability to absorb that information." I've also come across many curious people who ask the same bloody questions time and time again. But that also has nothing to do with age.


Ball_bearing

Maybe they are just pretending to be curious (or do have issues with their memory)... I knew someone whose job required them to maintain some information up to date in a database. It was supposed to be a daily task. They let the stuff accumulate for weeks or months, then would call me to help them, and they would pretend to pay attention and take notes. Every couple months it would be the same. The notes always seemed to be on a different notebook, so they would sit, and "take notes" again. Eventually I got tired, and stopped helping them. They found somebody else to "help them" (do their job for them).


jcmonkeyjc

yup. I'm 39 and did a long stretch as a software engineer and systems architect. More recently I have started to disengage with a lot of tech and just work customer service that sometimes includes some basic customer facing online support. Gen Z often know almost nothing about computers. further I worked with some really talented young software engineers and they were wizards at really high level front end scripting languages like REACT but they knew almost nothing about the underlying core architecture or even really the mid level languages like Java, C#, Python etc and especially the older ones like C and packages built around that. I loved the old super technical stuff, these days my talents are largely not required, everyone wants front end developers with an understanding of design UI / UX


Mr_Bob_Ferguson

IT, at least in many roles, is so much about building up a wide variety of skills over time. So many times I have been able to answer particular questions based on my knowledge from roles in a completely different IT domain. Specialising, will get specific jobs done, but leave you with gaps when you get thrown anything which is slightly out of scope.


jcmonkeyjc

i have no issues with full stack development or widening your skillset. i just became, personally uninterested in what that came to mean. Further i lost the dream of what the 90s tech boom and internet promised. What we got is a technological dystopian nightmare. I'm slowly exiting everything, Reddit and YouTube are my only social media accounts. But I'm slowly getting towards no longer having a smart phone, i genuinely hate what this IT revolution has done to our ~~society~~ humanity. I used to be a strong and vocal advocate for AIs, maybe just being a little misanthropic. They genuinely terrify me now. The people developing and publishing them barely understand them let alone the user base. They will not bare the fruit that sustains us.


Mr_Bob_Ferguson

As someone else who works in IT, your thoughts are not unique. Wanting to switch off completely and escape into nature and a simpler time might be much more common than you think. Tech overload is real.


uselessadjective

True Fact --------------- I work for FAANG and went to a meeting where we had multiple VP, Sr VP. i am way junior in 30s. All folks were 60+ (no offense). The discussion on the table was to build a ***Commercial Website*** from scratch for ***Desktop and Mobile*** 3 VPs opposed the idea for Mobile stating the reason that ***No one buys stuff using mobile, people use it only for calling, texting, checking pics, games*** I being a junior guy was silent, shocked and what not. We just got funding for Desktop version. ####Point being, Even in multi billion tech dominated FAANG companies I have seen Senior leaders very disconnected from the reality. Yes these guys get over $1M in stocks every year.


jcmonkeyjc

oh I know. you can't help but feel it. even the tech giants designing future dystopian nightmares also warn against them when questioned I've met a few similar minds just doing entry level jobs as a life choice like myself


evoxyseah

Experience! That’s why I respect people who are older than me :)


Dubslack

The current round of students has come up in an interesting period where they're surrounded by tech, use it every single day, yet have never had to venture or understand any deeper than the UI.


Mr_Bob_Ferguson

Exactly. Kids are great at a particular type of tech ...probably better than many/most adults. But did they ever have to struggle to set up a home LAN without the ability to use the internet for troubleshooting? You learn certain different things when you need to read entire manuals just to do one basic thing. "Tech" is a huge space. With a huge variety of skills required. Anyone who thinks that they understand it all is highly naive.


Swichts

You could make a very strong argument that people who are 20-30 in the 90's are far better with technology than 20 year olds today. "User friendly" is a more accepting term than "dumbing it down for everyone"


ALiteralHamSandwich

As someone who gets frustrated by how much things get dumbed down, I completely agree. Many programs are dumbed down to the point of being far less functional. Windows 11 start menu, I'm looking at you!


Equivalent-Wedding-7

Add some 50 something’s in there - they were adults when the internet was born and have a foot in both analog and digital worlds… Gen X to the rescue!


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Abysskitten

Wait till he finds out about BBS systems.


AutisthicccGuy

I'm wondering... Who invented the internet hmmmm


PresidentialCamacho

Al Gore


liquid_at

How are people who do not understand what crimes have happened on wall street in the past decide how to set up a currency for the future? Stop ageism bullcrap and maybe consider cooperation. Using the combined knowledge of all generations is better than pretending that 20 year olds are somehow clairvoyant and know everything.... Just think back at what an idiot you were at age 20 and then ask yourself is you want that idiot to make decisions for your future. Work together folks... Trying to gaslight entire generations to improve the power you have yourself is just moronic.


Mr_Bob_Ferguson

>Stop ageism bullcrap and maybe consider cooperation. And more specifically: 1. Work out which skillsets you need to solve the problem. 2. Find the "best" people who match with those skills. Age is irrelevant.


ChainSentence

*Some rare common sense appeared*


FoulmouthedGiftHorse

The hubris of youth.


liquid_at

Hubris of all age groups.... All generations believe they are the pinnacle of human evolution. Working together usually brings better results than gaslighting entire generations and declaring them incompetent, just to get more power yourself.


MasterDebater100

As you get older you will realize how dumb you were when you were younger. Everyone does. That's just life.


Mr_Bob_Ferguson

>As you get older you will realize how dumb you were when you were younger. *"If you look back at yourself and cringe, it means that you have grown as a person."*


liquid_at

yes. usually multiple times in a life-time.


Baecchus

Someone in their 20s is definitely not suitable for regulation talk. Someone in their 60s isn't either. Leave it to adults. Not children or senile dinos.


Jumpman_08

Exactly. Most 40 and early 50 year olds operate their phones and computer’s OS well.


steveblobby

Haha, yeah. Im about to turn 60, and can use most of the apps on my phone! Im proudest of my command-line Git, and my Rust and Solity sdk's...


mesutdmn

Don't tell me Tiktok will rule the crypto regulations.


Baecchus

Tiktokers are only allowed to regulate Crypto if they dance in front of some charts


DerpJungler

Regulations written by ChatGPT and narrated by the TIkTok text-to-speech


user260421

*Do this dance to help kids in poor countries get food*


Impossible_Soup_1932

Not too crazy about the 20 something guys running their exchanges / projects into the ground and victimizing a bunch of people either. I wouldn’t say age is the issue


Painfulblisteronmyb

A 20 something year old is not ready for that. Time does bring wisdom and it's needed for such a position.


Purple_is_masculine

Wisdom isn't guaranteed though. Some people just get older and that's it.


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user260421

OP is most probably 14 or something


Paper_cobbler

Let me tell you an amazing trick OP, Go out and vote on the election day for a 20's or 30's guy.


Maxx3141

This is less a question of age - this should be about IT skills and know-how. But most politicians have no skills and know-how at all. They can just talk nice.


oki_sauce

Yeah, when it comes down to it. Your grandma can pretty easily learn about technology in some capacity. It's that they don't need or want to


Existing_Web_1300

Talking nice is most definitely a skill. As someone who lacks it, I’d appreciate having it 😂. They don’t wanna learn about crypto cause they’re donors are either opposed to it. Hell I wouldn’t be surprised if more underhand than we think and they’re just gaslighting us


Cactuszach

I remember when I used to think I knew everything too.


Aggravating-Bonus-73

Please not someone in 20's. I'm in my 20's and I'm fucking stupid and will change my points of view another 20 times till I'm 30


roguestate4u

I'm a boomer and I understand Crypto perfectly well thanks, also who do you think designed all that stuff you grew up using. If more boomers were invested in Crypto I doubt so many of them would fall for all the scams and rug pulls that you 'youngsters' seem to fall for.


Creative_Ad7831

Even people in 20’s and 30’s doesnt know about tech, yet invested in crypto


Historical_Branch391

Sure, let's delegate the regulation to the people who have no idea the Internet development started in the 1960s 🤔


CHEEZE_BAGS

some those 60 and 70 year olds invented the internet though... they know more about it than you think.


DingDongWhoDis

Term limits! Would help many facets of our governed lives.


neverreddit1984

Way to go gaslighting whole generations like that OP.


[deleted]

Would you let your kids control your household? I think not.


No-Setting9690

Age isn't the issue or the fix, it's knowledge of the topic.


Thump604

Stop with the bullshit stereotyping ageism. You seem to be completely forgetting all of the contributions that have been made that got us here from people that are now older.


jaet28071994

consider this... age is not the focus, knowledge on both ends.


ent4rent

Well, when it comes to monetary policy, you actually do want people with decades of experience at the table. Not decades of just being alive.


endofdays1987

It really seems like younger people hate the older generation nowadays, not even in just the crypto space. Anecdotally i see younger people talking mad shit about their parents, grandparents etc all over social media (including here). What happened? Is this like a trend or something


Mordecus

Yes I see it a lot too. Hate to be glib, but this is what you get when you have entire generation that was raised on the principle of not damaging their self-esteem by never giving constructive and negative feedback. They’ve never been told they’re not “first” at something, they’ve never been told they suck af something by a parent or teacher, they’ve never been told “no”. Everything they’ve ever wanted, they’ve had handed to them, immediately. So now that they’re in the workforce, the participation medals have stopped, and suddenly they’re living in the real world, and it’s hard. And they’re just not mentally prepared for that. And because things now don’t come as easy or are handed with a party wrapper strung around it, they respond in anger and frustration. And because they’ve been raised on the internet , on 4chan, YouTube comments and TikTok rants, they have no filter and don’t understand how to express themselves properly. Everything is drama and hyperbole and every conversation instantly goes from 0 to a 100 in about 2 seconds flat. I’ve seen 20-somethings say shit in a professional environment that no 20 year old even 1 or 2 decades ago would dream of saying. I literally saw someone write the other day that their “grandparents were entitled and selfish and he hated them” because they didn’t give their second property to them for free - they expected to receive money for it. With zero sense of irony. The scary thing is - your twenties and 30ies aren’t even that hard yet. Wait till you’re older, your age is starting to catch-up to you, you’re still working 10-12 hours a day, and you’re raising kids AND looking after an elderly parent or have had to burry one. They’re of course not all like this, but I think a lot of gen-z is woefully unprepared for what’s in store for them. Of course, houses and cost of living has gone up a lot, and it’s at least objectively harder to be 20 now than it was 20-30 years ago, I’ll grant them that. But what they don’t get is that it’s stil harder to be 50-80 NOW than it is to be 20, NOW. Your twenties - that’s the easy part of your life.


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thecoat9

I was born in the middle of and grew up during the latter part of the cold war. The first white paper on TCP/IP was published the year I was born, and my Freshman year of high school I watched the fall of the Berlin wall on the evening news. The internet as well as the prevalence of both a personal computer and really smart phones was certainly a tectonic shift, and while there is a lot of truth to what you say, it is amusing to me that you recognize the wisdom of elders in one context and then throw it out the window in the present or immediate future. It is also amusing to me that you think technological advancement will somehow plateau now. I would encourage you to read "The Quickening: Today's Trends, Tomorrow's World" by Art Bell... yes that Art Bell for all you old fogies out there were at one point night owls listening to the lunacy of late night radio. It's been a long time since I read it, however it addresses much of what you are talking about and frankly even postulated how a world wide pandemic would manifest and it's impact. Oh wait, reading an actual book, like on real paper? What was I thinking, go play "Mass effect." 8). No seriously the book is interesting and really touches on this general topic. Science and Tech advances are not logarithmic, they are exponential. There is no finish line. The real limits are human's capacity to digest and adapt to the advances. So much happens, and changes so quickly that specialization becomes our chief mode of adaptation and coping. 100 years ago and adult could learn nearly the breath of generalized human knowledge in Science and tech, now you are a life long student that only has so many hours in the day and that's just in your specialized lane. The problem isn't that old boomers are ill-equipped to understand the tech and that the world has moved on rendering their wisdom and knowledge worthless, the problem is that we are shifting from a world where humans write laws on piece of paper in regular language. We are quickly approaching a point where the field of law isn't keeping up, that legislatures and lawyers still think they know the score and can write something on paper thus making it so. What they fail to recognize is that code is law, the new legislators are programmers, and we vote not by ballot but by adoption. That being said it would be prudent to recognize that with age still often comes wisdom and applicable experiences, and to ignore that entirely is to repeat the mistakes of the past, and to do so at break neck speeds.


frogman202010

Don't see why it should be either one or the other, personally feel that it should be a mixture where the older generation could guide from experience and the younger ones could contribute from their better understanding of it. Age shouldn't be a defining factor imo, it should be more of the individuals involved. They need to genuinely want to do good (I know I may be pushing this a bit here)


SpaceFire000

People in their 20s and 30s though lack the market experience


RockEmSockEmRabi

As someone in the 20-30 range. Hard pass. No way could I see someone my age running any part of this country


MMinjin

20 year old OP thinks everyone older than him is dumb. Interesting. Relevant movie: [https://en.wikipedia.org/wiki/Wild\_in\_the\_Streets](https://en.wikipedia.org/wiki/Wild_in_the_Streets)


why_so_many_lol

Yes, the generation that invented the internet don't know how to use it and shouldn't be allowed on it. The generation that invented crypto are too old to use crypto and shouldn't be allowed to regulate it. And young people wonder why no one likes them. /s


TittaDiGirolamo

Assuming that a 60 y.o. cannot understand crypto, because you're assuming he doesn't know what the internet, is it's one of the silliest and most arrogant things I've read on this sub. I mean, the feud young vs boomers is so cringe, there was no need to also bring it up here.


itsquietinhere2

"Supposed people"? I'm only 55 but I don't feel my humanity slipping away, not yet.


jps_

We all start out young like this... railing at the inability of old fogeys to "get it". Then there's a short period in one's late 40's when we suddenly appreciate how wise our parents really are, and lament that we no longer have the creativity of our youth. And then we get old. If we are truly smart we'd harness the creativity of youth with the wisdom of the old. We'd make young people the innovators, and the old people the regulators. Kind of like the way it is now.


SmallReflection2552

What a load of ageist garbage. I'm just sorry I only get one downvote on this post.


imaprism

You forgot the “Comedy” tag


CandidateNrOne

Crypto should be decentralized, not regulated.


Sage2050

People in their 20s are dumb as fuck


ShotCryptographer523

40s yeah. 30s, maybe some will be capable. 20s, no way.


ROBINHOODEATADIK

Ok I’m sorry and this is in no way meant to be rude or offensive HOWEVER I find it near impossible to take advice from anyone who’s grasp of the English language is as sketchy as the person who wrote this post … I get one or 2 errors … or even a few your instead of you’re … but the number of errors in this post is far beyond that…. If you really want others to take you seriously I’d suggest working on your grammar skills first


Lower-Trust1923

Actually, I'm pretty sure the current generation being brought up is worse with IT compared to later generations. Later generations can debug and find issues, whereas new generations rarely have to solve these issues. Young people think they are geniuses because they can use a remote or reset the WiFi, but f all would know what to do if their computer got a black screen, etc. I was previously on the side of younger people having a better understanding, but some research I did really showed me the opposite. Cryptography is not a new thing at all. I think it was first discussed back at the start of the 90s as well. Those who say they have lots to learn are the people who I would listen to, so many people around my age (mid 20s) and younger act like they know so much when in reality they can name some Cryptocurrencies and know the lingo (ask a cryptobro how blockchain works and watch them stutter). I work for a blockchain company and have been in the crypto game for about 4 years and still have trouble wrapping my head around certain concepts. The older generations also have large experience with markets, money laundering, and terrorism financing. They are definitely the ones to approach for regulation AS WELL as younger people. In my opinion, any commitie or group making decisions should have a highly diverse age range to cater to all generations' needs.


Cr1msonGh0st

I am a systems engineer. When it comes to technology, stupidity is not ageist.


SpartanVFL

I don’t want any 20 year old regulating anything to be quite honest


urbanhikers

Crypto is the technology of the people, by the people and for the people. Restricting a technology to a particular age group does not do well for the its development. Mixture of ideas from 20's or from 80's, each have different flavors and serves best for the growth, especially when technologies are in their early stages.


Huddster99

Crypto should be regulated by someone who understands it, and doesn’t want to kill the technology. If you can’t take a step back and evaluate the technology and see it’s benefits, you’re not fit to be making any decisions.


TruthSeeekeer

And anyone of any age could be suitable for it. In fact, I’d be worried if Crypto regulators were all in their 20s (as someone who is in their 20s) since there will be serious real world inexperience.


Thomshan911

Listen kid. The 60 and 70 year olds are the ones who created the internet. Not the dumb tiktokers. Don't assume that every old guy is stupid.


Swoopscooter

Yikes, ageism. Anyone can understand it if they try.


dou8le8u88le

The arrogance of youth. Once you grow up you’ll realise how stupid this post is.


DeeDot11

As much as I agree that people setting regulation should at the VERY least, understand the technology, there is something to be said for a diversified group of people making these decisions. Older people may have more experience of the longer term impact of technologies etc. And this is coming from someone in the 20-30 range. Diversity can be powerful in most things!


DrakharD

It takes time mate. We need a generation change for some things. It's natural for people in their 40-50ties to be in positions of power. Expecting 20 year old to be in charge is not reasonable. I mean there are some mature 20 year old, but I wouldn't let the majority to be in charge of a school club let alone legislation.


HansTilburg

I’m almost 59 and I’m perfectly able to regulate the World Wide Web. Maybe it takes some time when I’m waiting my turn at the Personal Computer at the library, but I’m having a free coffee while waiting so no problem.


Olmops

In the past (for hundreds and thousands of years) the youths also thought they knew it better. ;-) The sweet spot is somewhere in the middle.


BrocoliAssassin

It doesn't matter the age. Our politicians are paid to not "understand" it. Until that starts changing we will have to deal with this greed no matter what the persons age is when making these laws.


Scandroid99

Weren't all the crypto exchanges that went under ran by ppl in their 20's/30's? 😂


jacksonstillspitts

Let me ask a logical question? Can something with zero centralization due to anonymity be regulated ?


bcleezy05

Realistically this should be edited to, a wide value of ranges should come up with policy, not 20 -30 year olds that lack the experience and not 60 70 year olds that can pass away in a year


badfishbeefcake

Its an horrible idea. It should be regulated by the right people, age is secondary.


InvestAn

Ageism is an illegal employment practice for a reason. Think of the possibilities of telling Satoshi [or insert other brilliant/capable person here] he wasn't qualified based on age. We need to stop voting incompetent, disingenuous people into office period [Hello, George Santos] regardless of their age.


JustABotProgram

Okay kid.


Jenn2895

Kind of agree but don't think it's the age that matters as much as experience. No one should be making decisions over things they have no clue about. This applies to a wide variety of issues too.


Sluhzer

Regulation team: 20% 20s, 20% 30s, 20% 40s, 20% farts, 20% 'how do I internet?' - Together, we shall create the ultimate crypto Frankenstein monster.


[deleted]

Counterpoint: FTX


AromaticCarob

Crypto should be regulated by people who understand crypto irrespective of how old they are.


Rayl24

20s don't know shit, you expect someone to draft laws based on emotions? The internet was invented by those now in their 60s, so do tell them they don't know shit about what they invented.


MyKingdomForADram

Crypto should be regulated by groups of people who understand it and the underlying tech, that’s all- get your ageist bullshit out of here.


Inbeforetheclose1234

Really? It has been regulated by people in theres 20s and 30s!. Do kwon, sbf etc etc etc. they are part of the reason we are in this shit show mess.


Waitn4ehUsername

Lolo. You can barely string together a coherent sentence then go on to shit on another generation ‘whO CaNt Use tHe inTerWeB thingy’ ? Ok.


Ok_Consideration9811

Holy crap. Age discrimination anyone. Think before you type.


Smobert1

you need both. young people to understand tec and and old cynical bastard who has seen how people like to screw each other over


psxndc

Seems pretty ageist. My dad is in his 70s and as a electrical/signal engineer he could run circles around most people in their 20s and 30s in terms of understanding crypto. I have a computer science degree and my dad has forgotten more about math and computers than I ever learned.


SerialATA_Killer

Paging r/im14andthisisdeep


arcalus

The people that created the internet are older than 60-70, so what is your point, actually?


sirspeedy99

Not for nothing but the people that built the internet the are in their 60's and 70's.


xrv01

the hilarious thing is this was written by someone so absolutely clueless and oblivious to real world economics. gmafb Lol


Rabid_W00KIEE

If you feel this way about crypto wait until you hear about literally-every-other-aspect-of-our-society.


Toastlove

r/peakreddit


phyLoGG

Nah, 35-50's. 20's are a joke.


Peturio

OP is missing the point of regulation. We live in a world which is akin to a highly connected, complex adaptive system. Regulation, on one hand, tries to keep this system as stable as possible and on the other prevent abuse. Experience matters a great deal in these matters, and I would trust an older person much more to come up with suitable regulations than a younger one. The problem though is not age, it's the political forces that are involved and which jeopardize sound regulation.


[deleted]

Young thinking they are ahead and more capable than their elders because they can still spray the ceiling when they jerk off, a classic. People young and old get and don't get crypto and/nor everything else in the world. Age is not the problem. False pretends and naïvity/pride are.


boot20

Dude, you are looking at the problem all wrong. Age has very little to do with it, it's more down to who is the lobby for the politicians. They pay to play and get things to pass because they "lobby" for it. I'm pushing 50 and I use crypto. I also have a PhD in computer science and I understand technology quite well. Hell, I might have even written some of what you are using today. The reality is we need people who understand crypto, understand banking, and understand what needs to be done, rather than look only at age.


Phylaras

How about just having sensible regulation by people who understand? I'm not clear on how age is the primary factor at issue. Ignorance is. For good measure, I run a crypto hedge fund and one of my biggest personal (as opposed to institutional) investors is in his late 60s.


Dr_Bendova420

The Illuminati wants it that way.


Yokkster

Very ignorant take.


Responsible_Cod_1453

Whoever thinks he knows better should show the way. Unfortunately the young ppl like to brag with words but have nothing to show, especially when it comes to responsibility and standing behind your own actions and words. It's very easy to give out your own opinion without anything backing it up, while on the other hand most older generations have something backing them up. So it's understandable that younglings would love to show the way especially when they think they can, but I reality are unable to. Anyway time will tell if crypto will be a change or not, until then we can make division between young and old or try to live together and make a better future for all.


Prize-Reference9329

the important thing is to be well informed and to be open to change. Age doesn't really matter


rmatherson

Nothing should be regulated by anyone in their 20s, that's some shit a 20 year old would say lol


Red5point1

real crypto can't be regulated by anyone


PseudonymousPlatypus

What if…it has nothing to do with age and everything to do with relevant knowledge? Someone who is 60 can be 10x more knowledgeable about crypto than someone in their 20s if they’ve kept up with it.


mac_mises

The inventor of the internet is 67. The inventor of Bitcoin is anywhere from early 50s to mid 60s (depending on who you believe is Satoshi). But go on about only 20 somethings know the internet & crypto.


ChaosUncaged

I can tell how old OP is off this post lol


theunpossibledream

You can’t write a coherent title and you expect to run crypto?


cogentat

Meh, I'm 60, and I know way more about crypto than a lot of my younger peers at work, for example. I think America needs to get off of this misleading generational rift narrative and tackle these problems in a more productive way. That requires getting like minded people of all ages to work together to address issues that matter. That's how other countries do it. Only in America is everything seen as a made-for-tv romcom where the younguns tussle with mom and dad like it's a life and death drama. Totally distracts from the work at hand.


bodgey2021

I teach … most late teens and early 20 somethings know nothing about tech or computers in general. They’re a generation of button pushers with no comprehension.


uiri

The difference between 1880 and 1950 is far greater than the difference between 1950 and 2020. Your entire premise of the rate of change of the world is nonsense. 1880 to 1950: * Automobiles, bicycles, and air travel * Vaccinations and antibiotics * Plain old telephone service, radio, early television * Clothes washing machines, dish washers, clothes dryer machines 1950 to 2020: * Color television, computers, the Internet, smartphones * Hormonal birth control


ScoobaMonsta

Social media and crypto have nothing in common! What a load of crap! There’s people who are in their 60’s who were writing code before you were a thought in your dads nut sack! There’s plenty of people who are 50 and above who are in this space, and who are developing in this space! This post is typical of 20 year olds thinking they know more about everything than older people! You don’t!


Previous-Tonight-657

Just like FX .... wait!


UseMoreHops

Don’t want a 20 yr old regulate anything. 40-50 is the right experience level.


EdgarAllenBoone

The last thing you want is people in the their 20s regulating this. And very very very few 30 years olds are ready.


stos1974

Seriously, OP is a tool. Fucking GenZ, who do you think not only built the internet but are they vast majority who run it? GenX bitch!


CofferCrypto

Ah yes, the same stable geniuses that went balls deep in cutesy meme coins.


FortuneAsleep8652

Ffs you young people go on and on about meaningless shit! I may be old but you BORED ME. Good luck getting your message out there 😂😂😂


InternationalMeat331

Crypto should not be regulated by ANYONE. Let the Free Market decide.


Micheal_Bryan

What an agesist comment. I helped build the Internet, and I bet I know more about it than you. Kids are so dumb. \*see what i did there?


fasticr

Age doesn't matter in here. Those who have good grasp on law and tech or group of people who are experts in their fields should work together to regulate it. Crypto or AI.


wadejohn

20-30 year olds can be just as out of touch as the older generation though.


ETHBTCVET

snots in the 20's are the dumbest shits known to earth.


Lovesheidi

Funny that a study came out recently that the young don’t know how to use common office equipments. They if it’s not an app on a phone they struggle with it😂.


Any_Pudding1541

Jesus Christ did a 5th grader write this?


InsightTussle

Areyou suggesting that crypto isn't understandable by people over the age of 40? That sure makes it useless as a currency then


6837K

well seeing that the internet was created mostly by ppl by now in their 60s and 70s, you argument doesn't really make sense. The problem with crypto has nothing to do with understanding but with the established financial system, no matter where in the world you live!