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Respect can't be imposed by any aspect (age, wealth, position, authority etc). If you want to be respected, you need to EARN IT doing good things to others.
You can be an old fuck and nobody will give you any respect because all your life you were a thug violent cop that also was beating your wife.
Or you can be a brilliant young man, doing good with your intelligence, building good things for others. They will respect you for what you've done.
Respect = Proof of Work