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Author Topic: How to convince my dad that Bitcoin is a trustful currency ?  (Read 8922 times)
ged00u (OP)
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November 25, 2016, 04:57:53 PM
 #1

Here is the story: My dad just found out that I am storing bitcoin and he try to prevent me from using this crypto. This is absolutely the worst situation I have ever had since I started used Bitcoin. I am living in the country which bad guys abuse Bitcoin for illegal activities. Therefore, most of the people here who do not have a proper knowledge about bitcoin believe bitcoin as a stupid, dummy coin or even MLM. My dad is one of them. Any solution to solve this problem ? It is quite hard though because I am still a teenager so it is extremely difficult to persuade him
Thanks in advance
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November 25, 2016, 05:03:01 PM
 #2

The best idea for now is to not tell your dad you are storing your extra cash in bitcoin, store some bitcoin secretly and when bitcoin price will be more than double than what it is right now show how you have been able to double your fiat within very short period.

I have also gone through similar problem few months back when price was near $400 and now it is $700+ which have been enough for me to convince my father also to invest in bitcoin and he is asking me to buy some bitcoin for him also.  Grin

 
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November 25, 2016, 05:12:55 PM
 #3

Well i think better to convince your dad to join in this forum and learn something in bitcoin so that he can expand his knowledge about bitcoin that we are using bitcoin not in illegal activities and tell him that there is some countries that has stores that accepting bitcoin as payment like in paris and brazil.. Maybe he will accept bitcoin as legit and trusted..



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ged00u (OP)
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November 25, 2016, 05:14:59 PM
 #4

The best idea for now is to not tell your dad you are storing your extra cash in bitcoin, store some bitcoin secretly and when bitcoin price will be more than double than what it is right now show how you have been able to double your fiat within very short period.

I have also gone through similar problem few months back when price was near $400 and now it is $700+ which have been enough for me to convince my father also to invest in bitcoin and he is asking me to buy some bitcoin for him also.  Grin
Actually, he has known the amount of Bitcoin in my wallet. That is because I carelessly uploaded a picture about paying coffee and food by bitcoin on social media. And after that, I also checked my wallet while sitting next to him. He witnesses everything....
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November 25, 2016, 05:16:22 PM
 #5

Here is the story: My dad just found out that I am storing bitcoin and he try to prevent me from using this crypto. This is absolutely the worst situation I have ever had since I started used Bitcoin. I am living in the country which bad guys abuse Bitcoin for illegal activities. Therefore, most of the people here who do not have a proper knowledge about bitcoin believe bitcoin as a stupid, dummy coin or even MLM. My dad is one of them. Any solution to solve this problem ? It is quite hard though because I am still a teenager so it is extremely difficult to persuade him
Thanks in advance

A very awkward situation for you,in a way he probably wants you well since you say that some bad guys abuse BTC in your country,so he probably does not want you to become one of them.

One way is to try to talk to him and try to convince him you're not doing anything wrong with BTC.Second way is to you continue to use BTC without him knowing about it if possible.If you have some good friend to use his PC for crypto stuff this would perhaps help,although from the perspective of privacy is not the best solution.

If none of that works, then you can do nothing but to stop to deal with BTC until you grow up and move up.

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November 25, 2016, 05:16:39 PM
 #6

Here is the story: My dad just found out that I am storing bitcoin and he try to prevent me from using this crypto. This is absolutely the worst situation I have ever had since I started used Bitcoin. I am living in the country which bad guys abuse Bitcoin for illegal activities. Therefore, most of the people here who do not have a proper knowledge about bitcoin believe bitcoin as a stupid, dummy coin or even MLM. My dad is one of them. Any solution to solve this problem ? It is quite hard though because I am still a teenager so it is extremely difficult to persuade him
Thanks in advance

He is from a different generation.  You will have a hard time to convince him but if you want to persuade anyone ever its best they discover enlightenment by themselves.  My dad doesn't like me teaching him stuff it doesn't matter what it is.  You are the child, they are the dad.

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November 25, 2016, 05:17:16 PM
 #7

Old people don't tend to like change. And that is including your dad if you are older than 18.

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November 25, 2016, 05:21:58 PM
 #8

Well its a very difficult task .well if u are earning through signature campaign show it to them .that by just supporting their campaign through posting u can earn bitcoins which can be sold so that u can earn so much that u carry ur own expenses quite a bit .

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November 25, 2016, 05:23:07 PM
 #9

Here is the story: My dad just found out that I am storing bitcoin and he try to prevent me from using this crypto. This is absolutely the worst situation I have ever had since I started used Bitcoin. I am living in the country which bad guys abuse Bitcoin for illegal activities. Therefore, most of the people here who do not have a proper knowledge about bitcoin believe bitcoin as a stupid, dummy coin or even MLM. My dad is one of them. Any solution to solve this problem ? It is quite hard though because I am still a teenager so it is extremely difficult to persuade him
Thanks in advance
If you're a teenager then you're going to have a fun time trying to explain this one.

Talk to him about how there is a ton of stuff beyond just illegal activities that Bitcoin can be used on, show him some of what you're earned or whatever else and show him what you're striving to get to. Show him the technology and get him to see what it is so he treats it less as an alien concept and gets acquainted with what it is you're doing.
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November 25, 2016, 05:32:51 PM
 #10

You should have shared with him at a earlier stage, so he might be more mad about you with holding something from him, than you

owning Bitcoin. I would buy him something and apologize for your mistake... Parents wants to know everything their children does with

their lives... when they are excluded... they turn against the thing you hide from them. That includes friends/boy friends or girl friends.

So say sorry, and make up for your mistake.  Wink

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November 25, 2016, 05:36:47 PM
 #11

try to convince him to use bitcoin as a currency and not only as a mean of payment, if you do this he will take more confidence with bitcoin and he will trust it more

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November 25, 2016, 05:45:56 PM
 #12

Old guys who don't know about tech will never gonna believe in bitcoin or any unregulated cash/money/asset. They like to feel secure while storing their hard earned cash in banks and keep taking loans paying much higher than what banks gives to their customers from whose money they keep running with high profit.

You have done mistake by uploading those images to social media, can't you just show him how you can get profit out of trading and also show him some bitcoin related news which shows how other countries are slowly adopting bitcoin payments as well as they are thinking about using blockchain tech behind bitcoin?
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November 25, 2016, 05:48:04 PM
 #13

Spoken from experience, I do not think there are much chances that a father will take advices regarding money from his teenage son.
You will probably have to wait a while, a decade or so, until he might be willing to consider your opinion as solid and found.
Of course you can try to persuade him with charts, facts and numbers, but I would be really surprised if he would listen to that.
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November 25, 2016, 06:15:12 PM
 #14

In every country the bad guys are abusing bitcoins, not just in yours. But at this moment he looks Bitcoin only through that bad things and he's probably afraid that you would do something stupid too. Maybe it would be good to try to explain him what is Bitcoin all about with some simple language and give him some articles and studies about Bitcoin and other cryptocurrencies. But in a way that he wouldn't feel like yor are making pressure on him or try to look smarter then him. Take one step at the time and be patient.

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November 25, 2016, 06:16:45 PM
 #15

find positive news articles.

alot of fiat lovers would trust bitcoin if they seen the government positive about it. where senators, ministers mention bitcoin positively

http://www.afr.com/technology/senate-committee-says-bitcoin-should-be-treated-as-a-regular-currency-20150731-gior3u
https://www.theguardian.com/us-news/2015/apr/10/rand-paul-bitcoin-presidential-campaign-donations

you could also search out local retailers that accept bitcoin.


then you can show him how many times FIAT has failed people
credit card hacks
pick pocketing
ransoms

thus showing bitcoin is a currency like anything else. its just not understood because its still early and has yet to grow
then give him about $10 of bitcoin and tell him not to use it. but instead hold it and check the valuation every few months.

when the price goes up ask him is it more then the 0.01% interest rate he would have got if he just had $10 in a bank account


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November 25, 2016, 06:19:35 PM
 #16

Honestly here in my country it is no a problem to tell it in my dad because he knows already that bitcoin was good but before he tell me that maybe i will be arrested soon or i will be scam soon this is what my daddy said to me before but when i was stay here in bitcoin 1 and half year until now he know right now that bitcoin is adopting so much since he is PC technician it is not a problem to know about bitcoin and the hardware miner..

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November 25, 2016, 06:22:11 PM
 #17

I do believe you will be forced to sell part of your coins directly to your father account, because words wont make he understand bitcoin at all, besides the fact that all money is used for good and bad things, its something your father know, fiat is used for ilegal stuff, media made bitcoin as dark currencie, good luck.
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November 25, 2016, 06:26:17 PM
 #18

Here is the story: My dad just found out that I am storing bitcoin and he try to prevent me from using this crypto. This is absolutely the worst situation I have ever had since I started used Bitcoin. I am living in the country which bad guys abuse Bitcoin for illegal activities. Therefore, most of the people here who do not have a proper knowledge about bitcoin believe bitcoin as a stupid, dummy coin or even MLM. My dad is one of them. Any solution to solve this problem ? It is quite hard though because I am still a teenager so it is extremely difficult to persuade him
Thanks in advance

as franky stated you should point out the positives about bitcoin and this may change your dad's opinion
but I'm curious if you have a work or you still getting your money from your parents , cause if you are still getting your money from your dad then you shouldn't use bitcoin if he doesn't agree

at the end of the day  even if bitcoin is being used 100% for good activities there is always the price factor , and your father maybe thinks that you are kinda gambling the money that he gives you
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November 25, 2016, 06:33:24 PM
 #19

Ask him why fiat is trustworthy and why is it used for illegal activities...
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November 25, 2016, 06:38:34 PM
 #20

Here is the story: My dad just found out that I am storing bitcoin and he try to prevent me from using this crypto. This is absolutely the worst situation I have ever had since I started used Bitcoin. I am living in the country which bad guys abuse Bitcoin for illegal activities. Therefore, most of the people here who do not have a proper knowledge about bitcoin believe bitcoin as a stupid, dummy coin or even MLM. My dad is one of them. Any solution to solve this problem ? It is quite hard though because I am still a teenager so it is extremely difficult to persuade him
Thanks in advance

Just convince them you no longer hold the Bitcoin. That's probably best thing to do if you yourself don't have the ability to persuade them.
Just leave Bitcoin to those who want to use it and are intelligent enough to.
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