Language acquisition and Language Maintenance (LM) both depend on ample opportunity and motivation. Currently, many national language societies are undergoing Language Shift (LS) to English, impacting their acquisition as first (L1) and possibly even more as second (L2) language. This study interviewed 44 adolescents, including 24 L1 and 20 L2 speakers of Icelandic, on their views on the importance of Icelandic and English, whether Icelandic is hard to learn, and their future plans. Qualitative and quantitative results showed highly similar views and future plans across groups; both languages were considered important but for different purposes. However, L1 speakers were far more likely to think that Icelandic is hard to learn, and only L1 speakers attached cultural value to Icelandic. L1 speakers were more ambivalent than L2 speakers on whether immigrants should learn Icelandic. L2 students' ability to learn Icelandic appears impacted more by lack of opportunity than by lack of motivation. The study suggests that LS to English contributes to decreased opportunities to learn Icelandic as L2. It is further suggested that language policy in Iceland as well as international policy on which languages should be considered vulnerable due to a minority status need to be revisited in a globalised world.