what are bitcoin natives?

The term "Bitcoin natives" can refer to two main concepts:

• Individuals who have grown up with and are comfortable with Bitcoin and the larger cryptocurrency ecosystem. These individuals are often younger generations (Millennials and Gen Z) who readily adapt to new technologies and embrace the decentralized nature of digital assets. They may see Bitcoin as a potential hedge against inflation and a path toward financial independence, diverging from traditional investment approaches favored by older generations.

• Companies built from the ground up with Bitcoin as a core principle. These companies operate on the belief that Bitcoin is the future global monetary asset and internet-native digital cash. Their products and services are designed to leverage the Bitcoin protocol stack, aligning their success with the success of Bitcoin itself. 

Characteristics of Bitcoin natives (individuals)

• Openness to digital innovation and alternative financial systems: Bitcoin natives are generally more comfortable adopting new technologies and exploring non-traditional financial instruments like cryptocurrency, according to a Gemini survey.
• Belief in decentralization and individual sovereignty: The idea of a financial system not controlled by centralized institutions resonates with Bitcoin natives, which empowers individuals to manage their own assets.
• Higher cryptocurrency ownership rates:Younger generations show significantly higher rates of Bitcoin and other crypto asset ownership compared to older demographics.
• Increased risk tolerance: Many Bitcoin natives allocate a larger portion of their investments to cryptocurrency, viewing it as an opportunity for growth despite its volatility.
• Interest in ETFs: The emergence of Bitcoin Exchange Traded Funds (ETFs) has piqued the interest of younger investors, providing a pathway to cryptocurrency exposure without needing to hold the underlying asset directly, according to www.gemini.com. 

Characteristics of Bitcoin-native companies

• Bitcoin-first approach: These companies prioritize Bitcoin as a foundational element of their business model and product development.
• Mutual alignment with Bitcoin's success:Their business success is inherently tied to the growth and adoption of Bitcoin.
• Leveraging the Bitcoin protocol stack: They actively utilize different layers and functionalities of the Bitcoin protocol to build innovative products and services. 

In essence, "Bitcoin natives" encompass individuals and entities deeply rooted in and supportive of the Bitcoin and broader crypto ecosystem, whether through their personal financial choices or the foundational principles of their businesses.