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Author Topic: Younger Generation and Revolut  (Read 373 times)
Kong Hey Pakboy
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March 10, 2021, 05:31:28 AM
 #41

I think all the younger generation will meet bitcoin and blockchain they must know about technology and they will be in control going forward for this system.
Hopefully that will be the case but if they came from an ignorant household with ignorant parents, I think that they are going to be having a hard time accepting bitcoin. Good thing for you OP that your daughter discovered bitcoin, hope that your guidance will be of big help to her, I suggest that not just observe but to also be an active mentor to your daughter.

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isaac_clarke22
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March 10, 2021, 05:45:04 AM
 #42

I also have Bitcoin in a third-party app. Though I wouldn't encourage it that much because of what the OP already mentioned on how his/her daughter doesn't have control that much on how she holds the coin.
I am kinda worried most of the time that my third-party app might consider questioning me on how much I hold just on how much Bitcoin is right now and freeze my account.
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March 13, 2021, 05:01:22 AM
 #43

I also have Bitcoin in a third-party app. Though I wouldn't encourage it that much because of what the OP already mentioned on how his/her daughter doesn't have control that much on how she holds the coin.
I am kinda worried most of the time that my third-party app might consider questioning me on how much I hold just on how much Bitcoin is right now and freeze my account.
Well if you are going to keep your coins in an online wallet then it could be a good idea that you only keep a portion of your portfolio there, so in the case they begin to ask questions about it and you do not feel like answering then you only lose a very small capital, personally I would encourage people to never hold any amount of money in wallets like that regardless of how practical you may think they are as the risk of your funds being frozen is simply too high to ignore.
aoluain (OP)
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March 13, 2021, 08:24:33 AM
 #44

I think the new generation now are aware of something new that they do not know. They are trying to learn and practice about that thing to see if that thing is good or bad for them.

-snip-

There is also a degree of FOMO, it always happens when there is an uptrend.
My daughter know about Bitcoin and my involvement but was previously sceptical,
now that Bitcoin has PROVEN itself she (and many others) deem it a viable option.

My task now is to educate her so that she then can educate her friends.

R


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wack slacker
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March 13, 2021, 04:50:38 PM
 #45

The younger generation has been systematically being taught about Bitcoin and blockchain.  They will understand that Blockchain is a powerful, transparent, and exciting tool to make the world a better place.  I think the next generation will drive the crypto market cap to become the largest in the world with even more amazing crypto projects.
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