I think an important reason why the younger generation is excited about cryptocurrencies and Bitcoin in particular, is that their parents and/or grandparents potentially made so much money with their property investments, and now property is absolutely out of reach of many youngsters. The stock market requires so much research and constant attention, whereas a long term holder of cryptocurrencies can purchase any amount to get in, on their computer, and then set and forget for a while and hopefully make some money in the process.
Our parents and grandparents saved all their money to buy their first home, and they got really good at saving, they're still good at saving because it became routine. We, on the other hand, have so many things after our cash, and property seems impossible, so people end up spending.
A lot of western countries are feeling the strain of the retiring babyboomer generation on their economies, but I feel like they haven't seen anything yet...
RE: Why Bitcoin is Perfect for Most First-Time Investors