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Author Topic: How useful is Bitcoin to the youth?  (Read 1253 times)
Jody.Drummer
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May 03, 2023, 05:53:46 PM
 #101

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.

I agree. Because you have a bitcoin doesn't mean you won't ever work again because you never know what will happen to your investments. Positive and negative elements of Bitcoin are both acknowledged as Hold onto your currency through price hikes, market drops, and market declines if you want to make sure you obtain a fair return on your investment. It will be quite challenging for you to sell your coin without making a profit or incurring a loss on your investment if you are having financial difficulties.
What I'm trying to say is that if we want to help young people understand bitcoin, we should try to explain both its benefits and drawbacks. There are some nations where many young people want to participate in bitcoin activities without seeking out much additional information, which will seriously affect them in terms of investing.
It should be realized that when we have bitcoin it does not mean that we are comfortable with our condition.
That is part of the investment and of course work must be carried out to maintain the stability of our economic conditions in everyday life.
Indeed, in this case the aim is for financial freedom, but that does not mean we have to relax and wait for profits from the bitcoins we invest.
It would be ridiculous to still do so especially given that even though bitcoin is profitable there is still no real certainty because of the risks involved in this.

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May 03, 2023, 07:54:43 PM
 #102

Bitcoin has a place to support in the life of every youths you have the knowledge and also aware of the existence and important, it supports financial status of youths and also exposed them into other means of method of surviving. It been very useful to the youth to an extent that new technology and online idea come across each time , like the Bitcoin as serving as digital currency which could serve, saved, secured as future access to every youths who have the opportunity of the Bitcoin idea and knowledge.
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May 04, 2023, 04:03:30 PM
 #103

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 usefulness of Bitcoin to the youth is the same as its usefulness with the adults. Bitcoin is both an asset and a currency. Everyone is free to choose if how they will use their BTC but many adults prefer to HODL their Bitcoins as they already figured out that BTC value can increase in to a higher level.

As an adult, they can now think maturely. They need to invest for their own future or for the future of their family to give them a better life. While youths are care less. All they want is to enjoy and have fun so they can spend their Bitcoins left and right until they became satisfied. Almost everyone already knows the benefit of BTC so don't worry OP. Adoption will just come naturally.

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May 04, 2023, 04:35:40 PM
 #104

The world is changing into technology and we are Era of technology which is starting from youth's and has empowered many people as part time or full time job business opportunities such as trader, investors, miner, and many more as results of making for a leaving, as well all know that Bitcoin is a digital currency and is acceptable across the globe.

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May 04, 2023, 04:57:18 PM
 #105

Bitcoin can be useful for young people as it provides new opportunities for making money and managing finances in the digital world. Young people can use bitcoin to send and receive payments without having to open a bank account or get credit cards. This can be especially helpful for those who do not have access to traditional financial services.
In addition, Bitcoin can be useful for young people who are interested in blockchain and crypto technologies. It provides opportunities to explore these technologies and create new innovations in this area.
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May 04, 2023, 05:04:09 PM
 #106

To young ones who are interested with investments, ofcourse it would be a good practice ground gicen that volatility is higher and there are no big deal of  requirement to invest into it unlike with properties having various requirements. This industry simply shows the relationship between demadnd supply up to the idea that one is interconnected with the other variable.
Bitcoin has a place to support in the life of every youths you have the knowledge and also aware of the existence and important, it supports financial status of youths and also exposed them into other means of method of surviving. It been very useful to the youth to an extent that new technology and online idea come across each time , like the Bitcoin as serving as digital currency which could serve, saved, secured as future access to every youths who have the opportunity of the Bitcoin idea and knowledge.
Aware, yes  but I doubt with being knowledgeable into it; things are different. Being knowledgeable mens you are aware of the pros nd cons from investing into something and on the other hand, being aware is simply just knowing something exist. Let us not be delusional; indeed Bitcoin or this industry in general has an advantage or pros from engaging into it, never set aside the negative tendencies.

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May 04, 2023, 05:05:27 PM
 #107

The world is changing into technology and we are Era of technology which is starting from youth's and has empowered many people as part time or full time job business opportunities such as trader, investors, miner, and many more as results of making for a leaving, as well all know that Bitcoin is a digital currency and is acceptable across the globe.

Quite true, as the new generation already living in the era of technology, it would be impossible for them to not adapt the new technologies where they could learn and search for things for them to learn such as Bitcoin. As you said Bitcoin is a "digital" currency which most of the youth use the internet for payments nowadays it's actually adaptable as long as they study the complicated system of Bitcoin. They couldn't even afford to invest a huge amount so starting from small is a good investment for the kids. Acknowledging BTC at early age is an advantage still it would be better to engage in a money industry in adult age.

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May 04, 2023, 05:19:54 PM
 #108

We need to talk more about the benefit of Bitcoin in other to attract more youth because the majority do not know how this coin works.

Not just the benefits. We need to talk about everything. Otherwise, when they learn about those flaws, they will doubt everything. We need to share every bit of information regarding Bitcoin. After learning everything, if they show interest, only then they can accept bitcoin totally and be successful at it.
It's our duty to guide the next generation. And if we are the one who makes the mistake in doing so, then the future generation is doomed. So we need careful and calculated approach in this. Anyone can read a book to someone, but when it comes to teaching the knowledge, we need someone who can explain what's going on.
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May 04, 2023, 05:37:13 PM
 #109


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.


I am in a place right now where the youths do not even know about Bitcoin. They are more concerned about what to eat, what to drink, and clothing themselves. We know that bitcoin is important and has helped a lot of persons but for it to be able to help these youths there are some vital things that I have seen that are missing and that needs to first be put in place. They include- stable internet connection, an electronic device to be able to download cold wallet and electricity. Where I am right now is experiencing epileptic power supply. To be able to invest in Bitcoin you need stable power supply good internet connectivity and a good electronic device where you can save your Bitcoin where all these are missing or not in place yet for the youth to take advantage of then Bitcoin would be of no importance to them.

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May 05, 2023, 12:47:42 AM
 #110

~snip~
I am in a place right now where the youths do not even know about Bitcoin. They are more concerned about what to eat, what to drink, and clothing themselves. We know that bitcoin is important and has helped a lot of persons but for it to be able to help these youths there are some vital things that I have seen that are missing and that needs to first be put in place. They include- stable internet connection, an electronic device to be able to download cold wallet and electricity. Where I am right now is experiencing epileptic power supply. To be able to invest in Bitcoin you need stable power supply good internet connectivity and a good electronic device where you can save your Bitcoin where all these are missing or not in place yet for the youth to take advantage of then Bitcoin would be of no importance to them.

It is very important for people to know where to pay attention to.

The mainstream media is designed to manipulate the masses attention into whatever the people in power want them to be thinking about.

At the end of the day, what you pay attention to becomes your thoughts, your thoughts lead you to action, and your actions define what type of life you live.

If people don't pay attention to Bitcoin, then they will probably miss out on the financial freedom.

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May 05, 2023, 03:43:56 AM
 #111

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.

I agree. Because you have a bitcoin doesn't mean you won't ever work again because you never know what will happen to your investments. Positive and negative elements of Bitcoin are both acknowledged as Hold onto your currency through price hikes, market drops, and market declines if you want to make sure you obtain a fair return on your investment. It will be quite challenging for you to sell your coin without making a profit or incurring a loss on your investment if you are having financial difficulties.
What I'm trying to say is that if we want to help young people understand bitcoin, we should try to explain both its benefits and drawbacks. There are some nations where many young people want to participate in bitcoin activities without seeking out much additional information, which will seriously affect them in terms of investing.
It should be realized that when we have bitcoin it does not mean that we are comfortable with our condition.
That is part of the investment and of course work must be carried out to maintain the stability of our economic conditions in everyday life.
Indeed, in this case the aim is for financial freedom, but that does not mean we have to relax and wait for profits from the bitcoins we invest.
It would be ridiculous to still do so especially given that even though bitcoin is profitable there is still no real certainty because of the risks involved in this.

After all, Bitcoin can be considered a get-rich-quick scheme because of its high returns and faster growth time than any other investment. It is also one of the reasons that we invest in bitcoin and it should not be denied. But that doesn't mean it's risk-free and we won't need to work anymore. I will call them those guys stupid, and lazy, and they will never be able to succeed in any field, including investing in bitcoin. Remember, nothing in this world is free, the higher the return, the higher the risk. I have not seen a job that doesn't need to work and still earns money Cheesy  Cheesy. These thoughts certainly come from young people today.

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Sebas.tian
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May 05, 2023, 04:03:08 AM
 #112

I think, many youths have seen what Bitcoin has done to the youths that took their time to have the knowledge of Bitcoin and they are doing well in their environment which other people will like to follow their step so that they will be part of those that will enjoy the benefits of Bitcoin. Bitcoin is a decentralized currency you can invest with any huge amount of capital and have hope of winning something big when the price increase higher in the future. I believe, with time many youths in the whole world will have idea about Bitcoin and how to use it positively to grow business and other things in the land.

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May 05, 2023, 04:08:39 AM
 #113

We generally prefer to do jobs that are usually less physically demanding but more rewarding. That's why today's youth choose Bitcoin as their means of earning. People who previously had no idea about Bitcoin are now interested in learning about Bitcoin. As the price of Bitcoin increases, there is a lot of discussion about Bitcoin on various social media and from that discussion, many people show interest in Bitcoin. If you know and understand Bitcoin well, you can earn good income from it. There are many ways to earn Bitcoin. So we should educate everyone around us about Bitcoin.

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BenCodie
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May 05, 2023, 04:41:56 AM
 #114

In the previous years before Bitcoin, a youth being able to do anything related to money online was a gray area that was very hard to conquer. Almost all monetary services required the user to be at least 18 - 21 years of age. Now, youths are able to use cryptocurrency to pursue their ideas or capitalize on their skills. So, how useful is Bitcoin to youths? Extremely useful. It's also useful to the wider economy, as youths can now contribute to the economy without being excluded like they were before.
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May 05, 2023, 04:51:29 AM
 #115


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 absolutely catching those younger people, since young people know about technology and have a passion to earn more digitally. It's really helpful for those who want to do global transactions with a fast compared to fiat money. But since many young people rush into Bitcoin without any proper knowledge they're really vulnerable to scammers out there.


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fuguebtc
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May 05, 2023, 09:49:55 AM
 #116

We generally prefer to do jobs that are usually less physically demanding but more rewarding. That's why today's youth choose Bitcoin as their means of earning. People who previously had no idea about Bitcoin are now interested in learning about Bitcoin. As the price of Bitcoin increases, there is a lot of discussion about Bitcoin on various social media and from that discussion, many people show interest in Bitcoin. If you know and understand Bitcoin well, you can earn good income from it. There are many ways to earn Bitcoin. So we should educate everyone around us about Bitcoin.

You are talking about investing and educating people to invest, it is not a wise decision because not everyone can make a profit investing in bitcoin. As can be seen, there are not many winners in the market and the majority of losers. Bitcoin is a financial market, which means there will be winners and losers, and if they lose, it will be your fault because you are the one guiding them to invest. If you want to educate people about bitcoin, teach them bitcoin as a means of payment, currency. As for the investment, let them decide for themselves.

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iBaba
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May 05, 2023, 11:22:55 AM
 #117

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.

Well, the aphorism “the world is going digital and Artificial Intelligence” is a fact that we must realize with. The best advice I can give to any youth out there is to wake up to reality and come into terms with the current trends. Economically, socially and technologically.

Bitcoin is one of it.

Bitcoin is a very big platform that I would advise every young person out there to explore. The earlier you join the league, the better.

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May 05, 2023, 02:25:41 PM
 #118

In my country, only young people understand bitcoin and they join the bounty with weekly payments and payments are made in $. After receiving weekly prizes, they don't immediately make $, but they exchange them with BTC and they keep them as assets for the future, youth in the country I believe the most valuable asset in the future is bitcoin.
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May 05, 2023, 09:43:54 PM
 #119


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.

To get more young people interested in Bitcoin, we need to explain the good things about it and show them how it can be used. Bitcoin can be used for fast, cheap, and secure digital transactions, and it is not controlled by just one group, making it fair and open to everyone. By telling young people about all these benefits and how Bitcoin works, we can help them use this digital money for business and making more money.

Josefjix
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May 06, 2023, 05:09:56 AM
 #120

In the previous years before Bitcoin, a youth being able to do anything related to money online was a gray area that was very hard to conquer. Almost all monetary services required the user to be at least 18 - 21 years of age. Now, youths are able to use cryptocurrency to pursue their ideas or capitalize on their skills. So, how useful is Bitcoin to youths? Extremely useful. It's also useful to the wider economy, as youths can now contribute to the economy without being excluded like they were before.
There is nothing tough about the space; PDF has simplified it by breaking down the market's numerous divisions. The only responsibility mandated on us is to check and work hard to enhance our knowledge and gain market experience in order to avoid falling for anything related to scams or Ponzi schemes, and most importantly generating significant figures. Youths have outgrown the pessimistic view of the labor market. Cryptocurrency has created incredible billionaires and millionaires among the youths, specifically the serious and smart ones. It is preferable that we understand the fundamental actions to take in order to fuel our ambitious pursuit of financial independence in the market and the country.

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