No disrespect for the elder, but if you see anyone older than 60 talking about BTC, start doubting. I mean the biggest investor of all time, Warren Buffet, has absolutely no idea of what's going on. They are just ignorant as hell and can't blame them. This is a generational change, one of those things that older people just can't wrap their mind around. It's like the internet, it will take decades until you see older people using it.
He is utterly clueless about Bitcoin but this has little to do with age. His comment about credit cards as the digital alternative to cash illustrates his ignorance very well. What he fails to see is that most people in the world do not qualify for a credit card but they can use cash, Bitcoin and other bearer instruments. In fact I would expect someone over the age of 60 to understand the value of cash and bearer instruments far better than the average 20 year old.
So age in this case does not excuse his ignorance, it actually magnifies it.
Edit 1: I am old enough to remember a time when children and teenagers were not discriminated against in payments, as is the case today, because everyone used cash. I see Bitcoin and other crypto currencies is a way to return to that saner time.
Edit 2: A few days ago I was walking down the street on a very hot summer day and very thirsty, when I came across a couple of kids operating a lemonade stand. I of course purchased some of the lemonade and paid for it in
cash. They did no accept debit or credit cards. I know of many 20 year olds who do not carry cash and would not have been able to quench their thirst.
