Why I like to learn and use bitcoin

[Fly-BTC]

I'm not that much fan of continuous learning especially to secure funds and to make sure that I am transacting efficiently, but literally, we people mostly are contented from what we have especially the way how we transact using traditional methods such as transacting with fiats, and bank transfers. I have met allot of people and some of them are already old (60 above), and for them, there's no room for improvements in terms of transactions as even bank transfer is hard for them to execute that they need someone to support them while doing so.

Question arises if they are in situation like this, how can we teach them with new methods of transaction such as bitcoin or to somehow take them out of their comfort zone when in fact, their aren't really comfortable with it in a sense that they need assistance of younger generations. Perhaps, there's nothing wrong to still try and make them accept in bitcoin if we know how we can properly explain it to them. Or to use the concept of "Abstraction" which I learned from Object Oriented Programming.

The easiest way is to make sure you're not going right away into technical terms such as Encryptions, Hash Rates, Blockchain, etc. And to take it slowly by using smart analogy to correlate it while explaining because believe me, old people behaves unpredictably. Make it easy and start your conversation by offering a good meal, share some stories as you transition to tell him a new version of Gold (As I believe it can be a good example of physical bitcoin) which is virtual and anonymously created by someone up until now is not known.

Story goes explaining that they need an internet access in order to buy this virtual currency that they can use for e-commerce, or transacting with other people and it is like sending messages but instead of strings of characters, they can only send numbers in which are called Bitcoins. Another is that bitcoin is like Fungus.

“Fungi don’t have a central ‘brain,”

what is there is a decentralized networks that shares the same information, the same with fungus having a characteristics of

"resource management, reproduction, and defense strategy.”

Fungi are also undying as after the five mass extinction, they still remain on earth. That's how powerful bitcoin network is.

I'm sure there comes a portion of the conversation when they will ask how to secure their money will be or how to access it. This is when we will try to simplify things out by explaining public keys and private keys in a way that they usually know how it works such as comparing it with username and password on their facebook, twitter or Instagram accounts. Moreover, try to use analogy as your conversation goes deeper and deeper in a sense that they will understand each terms without you giving them bunch of knowledge in which they don't understand.

Of course everyone will not be interested if we are just sharing things like these without giving them something more valuable than what they normally use. Here we might want to state some features of bitcoin such as semi-anonymous transactions, peer to peer, low transaction fees for international payments, accessibility, and one of my favorite, an investment.

A dream of inviting our old citizens to bitcoin will not be possible if we ourselves lacks the fundamental knowledge about it, the best way to properly explain things is to first learn and use it. There's we can formulate various analogy to correlate terms and to lead them in the right path as they engage themselves with bitcoin. I believe that there's no boundary of ages for people to use it, that is why I like to learn and use bitcoin.

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[salamat700]

Cryptocurrency is all about learning new things most especially for the older people and can be a big challenge for many who could not even open and use a computer well. One thing we have to accept is that this is a modern technology at hand and as always there is that learning curve. There must be that willingness to learn otherwise there will be a problem and that possibility of losing one's digital assets, no matter if you are still a teenager or already 90 years old. The challenge with the seniors can be the assumed complexity of the technology so if there can be ways to simplify things there can be a ready market for that.

[FarhanAkhter]

Cryptocurrency plays a great role in this modern world. Even I am also new in this crypto world and I am so pleased and excited to learn about this crypto world. Crypto will have a great future ahead and my only aim is to make a future in crypto. Many people will soon learn about crypto as the time will go on because those days aren't far when bitcoin will be used as world currency.

[Reid]

Actually, I think this is the best time to spread the gospel.

Community quarantine is still happening in different parts of the world.
They cannot make their transactions outside and they will rely on the internet.
It would be best to first target the services.
Once they have the option to pay in bitcoin then maybe, even just for a little chance the people will use that option.

But think about it, if there is no option to pay thru bitcoin then what use can it be?
You say just an investment. But it was not made for that.
If they lose money they will just withdraw it which makes it look like a bank. Why not just pick bank instead? It will be easier.

You have to give them a better reason for bitcoin to be kept.

[YOSHIE]

You need to understand crypto will always provide the best for you, that's you have the desire to learn about Bitcoin.

However, for that before you go any further into Bitcoin and if you can say it is new to start Bitcoin, individually, you should really have a good time to learn by yourself before you use Bitcoin for transactions, if so you have to treat Bitcoin well like your wallet everyday or you have to study and be more careful with the various cases that occur.

If you have been holding Bitcoin a part of your life and love has arisen, Bitcoin is like a real life for you automatically you will learn and want to have it forever in your life.
That's why you have the desire to learn to use Bitcoin.

[Assface16678]

Into the world of bitcoin, there are a lot of things may be considered and one of this is the knowledge this is the most essential thing we must have because it is quite hard to understand and all of the processes we need to identify what are the things we must do to make sure we are going to win all the things we do into the world of crypto. Also, I encourage other people too to make an investment not only to the bitcoin also into the world of altcoins because they have a lot of help too not just the bitcoin. Also if you want to earn more it is better to make a practice into trading and gambling investment those are the most common source of income if you want to increase your money but if you do not have enough investment it is good to use the bounties and airdrops to make as a beginners capital if you want to earn.

[Lorence.xD]

Into the world of bitcoin, there are a lot of things may be considered and one of this is the knowledge this is the most essential thing we must have because it is quite hard to understand and all of the processes we need to identify what are the things we must do to make sure we are going to win all the things we do into the world of crypto. Also, I encourage other people too to make an investment not only to the bitcoin also into the world of altcoins because they have a lot of help too not just the bitcoin.

Knowledge is important but we also should not forget wisdom, we should be wise about what we learn and reflect, we should be wise anout the weaknesses of bitcoin, we also should accept the fact that we cannot know anything about bitcoin and that we should be open to new ideas and understand them. I agree that putting a diversity in your investment, I am an advocate of diversification so I second that advice.

[KrisAlex18]

Very well said, bitcoin gives us a big help, there are many things that this bitcoin gives to us and that is why many people are still using it. Bitcoin is very well known in the very country those counties that use bitcoin would be really benefited in the future, as of now bitcoin is really helpful what more in the future, maybe one-day bitcoin could be a standard currency all over the world but I think that would take so much time, it needs advanced technology and knowledge for every people. On my own experienced it really helps me with my finances, it helps me to buy my needs and wants so blessed that I tried this kind of cryptocurrency.

[Latviand]

Very well said, bitcoin gives us a big help, there are many things that this bitcoin gives to us and that is why many people are still using it. Bitcoin is very well known in the very country those counties that use bitcoin would be really benefited in the future, as of now bitcoin is really helpful what more in the future, maybe one-day bitcoin could be a standard currency all over the world but I think that would take so much time, it needs advanced technology and knowledge for every people. On my own experienced it really helps me with my finances, it helps me to buy my needs and wants so blessed that I tried this kind of cryptocurrency.

Using and investing in bitcoin can really give us the brighter future if we know how to manipulate it properly. The only thing that can make us down is the market, so if you really want to career the holding of bitcoin, you should know how to deal with the market. You need to adjust and adapt depending on the prices of bitcoin in the market as we know that it is volatile and have no stable price. Sometimes we really need to become more prepared and have plans in order to become effective in using bitcoin in many aspects. It made me really save money for myself and for my future errands, this make me more comfortable financially.

[raidarksword]

Learning is never ending and everday will always be a learning experience especially in crypto currency wherein expectations is inevitable whether good or bad. As new to this industry, always do your own research because if anything goes wrong, yourself will always be accountable in any decisions you make. Investing in bitcoin is always not a financial advice and always invest what you can afford to lose. Believing in Bitcoin will always be a good start of adopting for future financial freedom and a long-term investments.

[ShowOff]

After reading your writing, I can conclude that there are doubts about the function of bitcoin as a currency, which raises one question "whether bitcoin is a financial innovation suitable for all ages?".

The answer to that question might lead to one thing that is lacking from bitcoin itself because in my opinion age is an important factor as a bridge to connect old innovations to new innovations. While I am just convinced that we do not need to offer an understanding of bitcoin transactions to people aged 60 years and over, especially to the lay community. Its the same as you trying to knock down a wall with your bare hands. Really bitcoin is a financial innovation suitable for a productive age in my logic.

[khaled0111]

You don't have to be a tech savvy person to be able to use bitcoin.
I believe anyone who can use a credit card to pay online would be able to pay with bitcoins too. You don't need to know how things work under the hood.
The problem with cryptos is that you are the only one responsible for securing your funds. There is no third party to take care of it.
Also, many tutos and guides overcomplicate things which makes eldies more reluctant to use bitcoin.

[bobitza]

I like learning and using bitcoin because bitcoin is the currency that can help me get rich fastest. Investing right when the price of bitcoin goes up, you will get very high profits without any profession. If you want to do business without loss, you must have knowledge So I studied bitcoin very carefully before investing money. And I sell, buy depending on the period.

[XCANA]

Learning Bitcoin after joining the race should be encourage, this is the means whereby newborns can actually understand the chemistry that surround the bitcoin protocols. Can still remember back in those days, I learned different things about Bitcoin before venturing into it world. During my stays with bitcoin I never encounter anything difficult due to me early learning into bitcoin and other cryptocurrency. There's gain in learning new technology like Bitcoin and others.

[Ulven]

Into the world of bitcoin, there are a lot of things may be considered and one of this is the knowledge this is the most essential thing we must have because it is quite hard to understand and all of the processes we need to identify what are the things we must do to make sure we are going to win all the things we do into the world of crypto. Also, I encourage other people too to make an investment not only to the bitcoin also into the world of altcoins because they have a lot of help too not just the bitcoin.

Knowledge is important but we also should not forget wisdom, we should be wise about what we learn and reflect, we should be wise anout the weaknesses of bitcoin, we also should accept the fact that we cannot know anything about bitcoin and that we should be open to new ideas and understand them. I agree that putting a diversity in your investment, I am an advocate of diversification so I second that advice.

Perfect!!
Many seek to seek knowledge and teach different basics, But they do not know how to be wise!!Our thinking must always be logical in order for us to perceive.

By the way, can society encrypt the founding of a pension fund?
If possible, we will start teaching more to obtain retirement in the future 

[verita1]

I agree! We need to educate ourselves and teach people what is Bitcoin? and how to use it? Today there are App that are simplifying the way we handle Bitcoin and cryptocurrencies, our Crypto Mobile wallet, and everyone has their favorite. There are also debit cards filled with crypro, I think that soon there will be credit cards.

[pixie85]

We don't have to have deep understanding of how something works to be able to use it.

You don't know how many of your home appliances work and you use them every day because you know the effects they produce. You press a button and something happens.

I don't agree that we have to educate the world about Bitcoin. It's enough to let them know it exists and what it can bring to the table.

[Rengga Jati]

Well, it is an interesting discussion about the use of Bitcoin and other cryptos for payment transactions. We all have known that currently, the online payment have been rising, moreover because of the pandemic. It is done in order to decrease the ways of spreading the virus. by online payment, we can limit our movement and activities for touching something. In this case, the OP concerns is about the Bitcoin. Well, such interesting and personally I also feel the same, will be great enough to use Bitcoin and other cryptos for some kinds of payment method and transactions. However, before going to have it, there are some notes as the followings

have met allot of people and some of them are already old (60 above), and for them, there's no room for improvements in terms of transactions as even bank transfer is hard for them to execute that they need someone to support them while doing so.

If you are talking about 60 YO people and more, I think it is better to let their children or families to do the online payment. Well, in some countries, online payment may have been usual and common enough. For 60/moreYO people, they are probably usual to use online banking and other online payment methods for transactions. But, for some other countries, they cannot, they are really not usual using this, they will prefer to use the fiats for payment. Moreover about Bitcoin, I don't think that it will be effective for them.
However, if it is about for the people under 50YO, I am sure that it is still effective and may work well for them to learn about online payment, especially about Bitcoin or other cryptos. (note: it doesn't mean that I underestimate 60/more YO, but I see the reality, it may be the most.)

A dream of inviting our old citizens to bitcoin will not be possible if we ourselves lacks the fundamental knowledge about it, the best way to properly explain things is to first learn and use it.

Second, if we are going to introduce the people about using Bitcoin, we should ensure that it is available to use that digital currency for payment methods in your country. How can we teach someone with something not exist in the area around us? For example, I live in a country where the Bitcoin and other cryptocurrencies are only legalized as digital assets, but not for the payment. It must be noted. It means that this expectation cannot be implemented in all countries, especially like what happens in my countries, it will never be effective to introduce the BTC for payment because it will not be used there. However, if it is for the countries that already use BTC for payment, I think we only need to spread the positive news and issues to them, teaching them by acting, they will see what you do and what you get. And when they think it is effective and easy enough, they will be interested in learning about it.

If it is about introducing them to use BTC as another way of investment or earning money, it may happen in almost all countries that support or legalize crypto. In this case, you may not tell them only about the profits, high expectations to be rich, and others. It is better to tell them the exact facts, about the profits and also risks.

[coupable]

A dream of inviting our old citizens to bitcoin will not be possible if we ourselves lacks the fundamental knowledge about it, the best way to properly explain things is to first learn and use it.

What do you mean by [fundamental knowledge] required to invite others? I think it's necessary to know that bitcoin function like any other app and we don't have to understand the code behind it. I want to say that you don't have to be a coder or programmer to be able to use bitcoin or to understand its usefulness.

have met allot of people and some of them are already old (60 above), and for them, there's no room for improvements in terms of transactions as even bank transfer is hard for them to execute that they need someone to support them while doing so.

The most important part IMO is to simply explain that bitcoin can be considered as a currency (cryptographic one) and as a paiement system as well; a conbination of two systems. This may help old people who belong to old era to start adopting the concept as something simple and ordinary to use by everybody, reminding them on how they adopted new paiement methods like ATMs and PayPal which are both a paiement system using FIAT as their currencies .

[Naida_BR]

Every time we say that this is the right time to spread knowledge around Bitcoin.
We said that when we reached the ATH, when the price was stagnant and now again that the time is not rising too much and we are in quarantine.
Every day is the best time to learn about Bitcoin. Every day something new happens and you have the chance to read about it.