[Izkata]

It's also used for "victory". I'd argue in millennials and younger, this is probably the more familiar use because of Pokemon.

[user-]

> I'd argue in millennials and younger, this is probably the more familiar use because of Pokemon.

Sorry but this is not the case at all. Most millenials know it as a peace sign, none of them would think of pokemon.

[kelnos]

The "victory" meaning comes from WWII, not Pokemon.

The hippie counter-culture movement in the 1960s co-opted it as the "peace" sign, but nowadays I'd argue it doesn't have much of a meaning, it's just "something people do for photos" (especially in East Asia).