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Author Topic: How useful is Bitcoin to the youth?  (Read 1309 times)
initim (OP)
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April 30, 2023, 08:14:52 AM
 #1


Youth are interested in Bitcoin because it's easy to work with if you understand the ntrigrity also it's a way to make money, over time BTC has risen, and with this, the youth may be interested in a way to do business digitally.
We need to talk more about the benefit of Biticion in other to attract more youth because the majority do not know how this coin works.
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April 30, 2023, 08:25:37 AM
 #2

The youth will be a key to bitcoins success, since they are willing to learn and use new systems. The older people are, the more used they are to common systems and it is more and more hard to try to convince them to adapt a new solution.
I’m my opinion there are a lot of young people in bitcoin, but most of them are not (yet) on bitcointalk. It would be nice to try to Bringen them there, since the quality of information on boards like Reddit etc is not as good.
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April 30, 2023, 08:45:03 AM
 #3


Youth are interested in Bitcoin because it's easy to work with if you understand the ntrigrity also it's a way to make money, over time BTC has risen, and with this, the youth may be interested in a way to do business digitally.
We need to talk more about the benefit of Biticion in other to attract more youth because the majority do not know how this coin works.

By easy to work with, I assume you’re talking about the youths integrating bitcoin into their business. Young people are inquisitive and are not as skeptical as older folks so they can easily accept bitcoin Bitcoin adoption will not happen overnight, it took years for bitcoin to reach ATH of $67k in 2021, and I believe the price of bitcoin is what attract newbies to the tech, the thought of making money from bitcoin is a greater motivation than you can be your own bank pitch. There is a misrepresentation of bitcoin that gives people the idea that they can become rich overnight from investing in bitcoin, this conception has done bitcoin more harm than good..



A word of advice; next time do not rush to create a topic, I can point two typos in your post, this can make it difficult to others to understand what you are saying and you may not get the response you expect.

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April 30, 2023, 08:58:01 AM
 #4

Many youths, really don't understand how the Bitcoin system works due to lack of information or non willingness to understand. Most of them,see Bitcoin as a get rich quick program and when ever they hear someone who is a holder of Bitcoin, all that comes to their mind is that he is a millionaire. This is not so true
An experience from yesterday, when I was discussing with a co worker and when I told him I was into Bitcoin trading his reply was so straight forward that I was putting up a lie. And if I really was into Bitcoin, I wouldn't be not be working. His own idea about Bitcoin is actually wrong. Having Bitcoin doesn't actually mean that you shouldn't go to work it can act as a secondary source of income for you.

So what I'm trying to say is that most youths needs to learn more about the digital currency, BITCOIN and understand fully, what it is.
Bitcoin offers many benefits for young people who are looking for digital payment options and investment opportunities and is not a get rich program.

R


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April 30, 2023, 09:28:00 AM
 #5

Youth are interested in Bitcoin because it's easy to work with if you understand the ntrigrity also it's a way to make money, over time BTC has risen, and with this, the youth may be interested in a way to do business digitally.
We need to talk more about the benefit of Biticion in other to attract more youth because the majority do not know how this coin works.
You search for some threads and the answer are just there and will pop out just after you search. From someone's curiosity, they'll be the one to search for Bitcoin's benefit to them. They're still a youth and they can be the ones to benefit from this and also, they'll be curious to know about the lying technology that it has got. And to take note that it's not just focused on the youth but to everyone and even the working people who has got money to invest in it. Many are remembering way back, years ago when they've heard about Bitcoin but they can't invest yet because they've got no money and when they've grown up after several years and got jobs for themselves, that's when they started investing in it.

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April 30, 2023, 09:40:57 AM
 #6

Hello, I'm from Ukraine, it's a very difficult time in my country. I really want to learn how to earn in cryptocurrency to help my family and my people in this difficult time for us. Good people, if you have free time or want to help me understand the topic of cryptocurrency, I will be very grateful! Help me to learn at least the bare minimum in this area!
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April 30, 2023, 09:41:10 AM
 #7

How useful Bitcoin is for young people, for me the benefits of Bitcoin can be felt by all people, not only young people but anyone who wants to be involved.
Everyone who has the desire to dive into the world of Bitcoin needs to be directed, not invited to buy directly, including young people.
Not all young people have the same character with great curiosity like young people in general.

But directing young people who are healthy in thinking about how the positive and negative impacts will get when engaging with Bitcoin activities, I think that's a good path.

 
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April 30, 2023, 09:57:19 AM
 #8


Youth are interested in Bitcoin because it's easy to work with if you understand the ntrigrity also it's a way to make money, over time BTC has risen, and with this, the youth may be interested in a way to do business digitally.
We need to talk more about the benefit of Biticion in other to attract more youth because the majority do not know how this coin works.


The world is digitalising, and so the people. I am highly doubting that someone doesn’t knows about Bitcoins. I mean Bitcoins are so popular that even an oldman who is reading newspaper daily must be aware of the coins. Almost 90% of the youth in developing nations, i bet are using this amazing creation Bitcoins. I mean they have seen the rise of Bitcoins from nothing to precious, so definitely they will be more interested to use it to make the more money out of it. Bitcoins have also many benefits over the traditional banks and hence the youths are getting more attracted to the coins.

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April 30, 2023, 09:58:31 AM
 #9

Thankfully, people who are very comfortable with the Internet and all things digital aren't very young any more, as many are in their 30s and 40s. New generations are growing up with smartphones, apps and things like that, not really distinguishing between the real and virtual because the virtual is equally real to them, being available since birth. This means that at least some scepticism about Bitcoin may be way less prevalent when it comes to people born in the 90s or later, such as that Bitcoin isn't real money just because it doesn't have a physical form.
But perhaps, considering that Bitcoin is probably more naturally appealing to young people, more work should be done in attracting older people to it.

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April 30, 2023, 09:59:25 AM
 #10


Youth are interested in Bitcoin because it's easy to work with if you understand the ntrigrity also it's a way to make money, over time BTC has risen, and with this, the youth may be interested in a way to do business digitally.
We need to talk more about the benefit of Biticion in other to attract more youth because the majority do not know how this coin works.


Young people are future world leaders so with more and more young people who believe and believe in bitcoin, mass adoption of Bitcoin will potentially occur in the future but most of today's young people are more concerned with instant results than long-term investments in bitcoin, so what needs to be done is to provide examples of how bitcoin can provide extraordinary benefits.

I continue to teach my children what bitcoin and other cryptocurrencies are and how they will benefit in the future (of course with educational tricks while playing). not an easy job teaching bitcoin to young people, but we shouldn't complain about it, just think of it as a noble job.

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April 30, 2023, 10:12:40 AM
 #11


Youth are interested in Bitcoin because it's easy to work with if you understand the ntrigrity also it's a way to make money, over time BTC has risen, and with this, the youth may be interested in a way to do business digitally.
We need to talk more about the benefit of Biticion in other to attract more youth because the majority do not know how this coin works.

Bitcoin as a digital currency has a whole lot of benefits one could enjoy while using/investing in it as an asset for the future, and those benefits include the fact that Bitcoin is a decentralized cryptocurrency (i.e it can't be controlled by any centre authority), Secondly, Bitcoin has the best fund security (i.e it uses an advanced cryptographic technique such as making it difficult for hackers to steal funds), thirdly, Bitcoin has the lowest transaction fee, limited supply which makes it hard for inflation and finally can be access from anywhere around the world, which was a major means of donation during the Russia/Ukraine war.

 
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April 30, 2023, 10:33:45 AM
 #12


Youth are interested in Bitcoin because it's easy to work with if you understand the ntrigrity also it's a way to make money, over time BTC has risen, and with this, the youth may be interested in a way to do business digitally.
We need to talk more about the benefit of Biticion in other to attract more youth because the majority do not know how this coin works.


Young people are future world leaders so with more and more young people who believe and believe in bitcoin, mass adoption of Bitcoin will potentially occur in the future but most of today's young people are more concerned with instant results than long-term investments in bitcoin, so what needs to be done is to provide examples of how bitcoin can provide extraordinary benefits.

I continue to teach my children what bitcoin and other cryptocurrencies are and how they will benefit in the future (of course with educational tricks while playing). not an easy job teaching bitcoin to young people, but we shouldn't complain about it, just think of it as a noble job.

And it is that obsession with getting instantaneous results which gets those people in trouble, as they see the growth bitcoin has had over the years and they understand that while there is still potential for a lot of growth, it is no longer going to be as high as it was.

So they begin their pursuit for higher profits, a pursuit which almost inevitably leads them to altcoins and to invest in coins they believe they could be the next bitcoin, only to be profoundly disappointed once this does not happen.
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April 30, 2023, 10:36:08 AM
 #13

This article[1] is one good read on how useful Bitcoin to the youth is.  It was stated that Bitcoin is one of the youth's mean of achieving universal freedom.  Just like how youth indulge in online social media business interaction, integrating Bitcoin into their planned business will enable them to process transaction without the need of intermediaries.  Aside from that Bitcoin, in absence of job opportunity, can be an alternative earning and can support them to attain financial independence.

In addition, since Bitcoin is decentralized and no financial institution is involved, youth can have full control of their funds themselves.




[1] https://melanion.com/article/how-bitcoin-facilitates-financial-independence-for-the-youth-2/
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April 30, 2023, 10:44:01 AM
 #14


Youth are interested in Bitcoin because it's easy to work with if you understand the ntrigrity also it's a way to make money, over time BTC has risen, and with this, the youth may be interested in a way to do business digitally.
We need to talk more about the benefit of Biticion in other to attract more youth because the majority do not know how this coin works.


That's true young people are aware of technology better than the elder ones. The Bitcoin is a part of the tech revolution and young people get a lot from learning it and adding it as a part of their life. Your statement regarding money is also noteworthy as young people can invest in Bitcoin and earn a lot by holding it for some years.

The Bitcoin community is always doing its best to educate the youth about the benefits of Bitcoin, there are tons of material available for those youngsters to learn about the usage of Bitcoin, its features and as well about its trading.

I think only this forum is more than enough for anyone to master Bitcoin because all Bitcoin experts are available in this forum and they have been doing their best to educate others about Bitcoin. There are many board in this forum which are purely dedicated to Bitcoin and the youngsters can actually gain enough knowledge from those topics.


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April 30, 2023, 10:56:48 AM
 #15


Youth are interested in Bitcoin because it's easy to work with if you understand the ntrigrity also it's a way to make money, over time BTC has risen, and with this, the youth may be interested in a way to do business digitally.

The youths are part of Bitcoin's mission because it tells about the future. This is because all investors are investing now in order to benefit from their investments in the future. As a result, the youths are the main reason why Bitcoin's future will be bright, and as a result, we youths are very useful to Bitcoin.

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We need to talk more about the benefit of Biticion in other to attract more youth because the majority do not know how this coin works.
Youths must understand that the world is changing digitally, and that we require financial freedom as well as investment for our future.
Those young people who are unaware of Bitcoin should become aware of the opportunity to invest and achieve monetary freedom.

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April 30, 2023, 11:42:28 AM
 #16

Youth are interested in Bitcoin because it's easy to work with if you understand the ntrigrity also it's a way to make money, over time BTC has risen, and with this, the youth may be interested in a way to do business digitally.
It is attractive to something which can potentially help you to make money but if you only think about it financially like this, you might ignore other more important beauties of it.

Like Bitcoin technology which can help us to have our own banks (with our own keys, own coins) and with decentralized network which helps us to have very small risk of reversible transactions. All of those contribute to Bitcoin value and we must aware about it to have solid belief in Bitcoin, maintain our confidence for our Bitcoin investment. If we don't know about those basics, we can panic stop our Bitcoin investment any time.

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We need to talk more about the benefit of Biticion in other to attract more youth because the majority do not know how this coin works.
It's better if you talk about its strength, potential as well as its disadvantage and current challenges it must go through to have bigger adoption which after all will help it gains higher price.

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April 30, 2023, 11:51:05 AM
 #17

It depends on young people's desire to learn to accept and be able to learn more about bitcoin. We know that young people are curious about something new to them so they will discover more.

If they can find the right source of information, of course, they will soon know the benefits of bitcoin for them. They will also know how to earn bitcoins and start trying to earn them. Soon, after many young children are getting interested in bitcoin, it will make bitcoin more and more popular and famous among them.

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April 30, 2023, 12:08:15 PM
 #18


Youth are interested in Bitcoin because it's easy to work with if you understand the ntrigrity also it's a way to make money, over time BTC has risen, and with this, the youth may be interested in a way to do business digitally.
We need to talk more about the benefit of Biticion in other to attract more youth because the majority do not know how this coin works.

From what I noticed that’s happening in my country, bitcoin have really helped lots of youths recently, the level of unemployment is increasing in my country daily and bitcoin adoption is also increasing in my country, since youths are unemployed and they don’t have any source of income, some of them ended up sourcing for money and they started trading and they are living fine, some of them are trading and they are still investing in bitcoin which is a nice idea, I was just thinking recently that what if bitcoin haven’t existed, how will the youth using bitcoin as source of income survive, what will they end up doing to make money to survive.

I don’t know anything about other countries but bitcoin have really helped youths in my country and some are employed but still trading and investing in bitcoin, bitcoin is their alternative source of income.
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April 30, 2023, 12:10:03 PM
 #19

Youth are interested in Bitcoin because it's easy to work with if you understand the ntrigrity also it's a way to make money,
It is a way to make money, but not an easy way to make money. It is also not a quick way to make money. Youths can be attracted to whatever can give them money quickly, so whenever you talk to a young person about bitcoins, also use very specific terms so they know exactly that there is a chance of making money through bitcoins, but it is not a quick way as they may think.

...the youth may be interested in a way to do business digitally.
Is bitcoin a business?

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April 30, 2023, 12:20:43 PM
 #20

I feel the reason for the much interest of youths on Bitcoin and digital assets (crypto in general), Is because some country's government haven't been carrying the youths along, they cause economic stagnation/hardships, unemployment and under-employment with their unfavorable policy decisions. The youths especially the Gen Z are keen to creating innovative technology to ease life struggles having seen their parents struggle in acquiring wealth which is controlled by government policies. Youths are the backbone of the workforce and they don't want to sit and watch their finances go into ruin due to unforeseen policies and poor leadership decisions.

 
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