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Author Topic: How useful is Bitcoin to the youth?  (Read 1251 times)
adzino
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May 06, 2023, 06:12:30 AM
 #121


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.

It's the same for everyone. Youth or old age, doesn't matter. It works the same for everyone. It teaches you not only about investing and making money, but also about learning financial freedom, technology, and handling your own money. It teaches you to be responsible and not depend on others to manage your money. It's also a perfect way to start learning about other crypto currencies.
And yeah, we need to spread more "proper" education about bitcoin. The more people know about the "real side" of crypto currencies, the more people will be interested, the more near we will be to making it a regular currency that people can use for day to day use.

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May 06, 2023, 06:16:37 AM
Merited by fillippone (1)
 #122


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.

It's the same for everyone. Youth or old age, doesn't matter. It works the same for everyone. It teaches you not only about investing and making money, but also about learning financial freedom, technology, and handling your own money. It teaches you to be responsible and not depend on others to manage your money. It's also a perfect way to start learning about other crypto currencies.
And yeah, we need to spread more "proper" education about bitcoin. The more people know about the "real side" of crypto currencies, the more people will be interested, the more near we will be to making it a regular currency that people can use for day to day use.

Yes, Bitcoin can be particularly useful for the youth in regions with unstable or inflationary currencies. In such areas, Bitcoin can provide a more stable and reliable store of value, as well as an alternative means of transacting and conducting business. This can empower young entrepreneurs and innovators who might otherwise be limited by the constraints of traditional financial systems.

Bitcoin can offer a level of financial privacy and autonomy that may be appealing to the youth, who are often concerned with protecting their personal information and maintaining their independence and Bitcoin has the potential to be a valuable tool for the youth, but it requires education, awareness, and responsible usage in order to fully realize its benefits.

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May 06, 2023, 10:26:31 AM
Merited by Husna QA (1), fillippone (1)
 #123

It's the same for everyone. Youth or old age, doesn't matter. It works the same for everyone. It teaches you not only about investing and making money, but also about learning financial freedom, technology, and handling your own money. It teaches you to be responsible and not depend on others to manage your money. It's also a perfect way to start learning about other crypto currencies.
Everyone is responsible for the decisions they make and managing finances is the best way to avoid the complexities of living amidst the economic turmoil we are currently experiencing. Bitcoin teaches us about the process of rejuvenating the money we have that is not used for more productive benefits. Age does not matter when it comes to the decision to invest in bitcoin, as long as they understand the level of risk and price fluctuations.

Bitcoin also teaches us about financial freedom and everything can be learned if someone is interested in trying, but age is sometimes constrained in learning technology making it more difficult for parents to get involved in crypto and bitcoin investments, maybe the simple reason is that age affects people in accepting the concept of freedom of investment in the crypto and bitcoin space.

And yeah, we need to spread more "proper" education about bitcoin. The more people know about the "real side" of crypto currencies, the more people will be interested, the more near we will be to making it a regular currency that people can use for day to day use.
In the near future it is unlikely that bitcoin will become a regular currency in some countries, due to restrictions that limit it to everyday use. For example like the country where I live, still can't use bitcoin as a regular currency, but our government gives permission to use crypto and bitcoin as a commodity asset.

Also there are still very few places that are willing to accept bitcoin as a means of payment and it is possible that this will change in the future, where bitcoin will become an ordinary currency that can be used by people at any time. A little hope will bring bitcoin as a much more important use and who knows in the future it will become more widespread as an investment and a means of payment, optimism is important because it talks about strength.

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May 06, 2023, 12:09:58 PM
 #124

It would certainly be useful since it can be the purchasing power of the future. And yes, I do agree that the benefits and the advantages - one, being convenience, should be highlighted to encourage more people to use it. The youth is the key to broadening the use of cryptocurrency, it not only being mainstream but also as a greater alternative to fiat for the masses. For that to happen, accurate information and how to use crypto must be taught to them, since many of them does not how it works and they may be receiving information from crypto influencers who are only on it for a quick rugpull.
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May 06, 2023, 01:57:08 PM
Merited by cryptowoman2017 (1)
 #125

Bitcoin can be useful to the youth in various ways. It can provide an opportunity for young people to invest and save for their future, without requiring large sums of money.

Additionally, Bitcoin can be used for peer-to-peer transactions, making it a convenient payment option for those who prefer digital transactions. It also offers a level of financial autonomy and privacy that may appeal to young people who value these principles.

However, it's important to note that Bitcoin can be volatile and risky, and it's important to do proper research and exercise caution before investing. Overall, Bitcoin can be a useful tool for the youth, but it should be used responsibly and with proper knowledge of the risks involved.
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May 10, 2023, 03:38:39 PM
 #126


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.

Most young people see crypto as the way to become a bit wealthier some time later. They hope it will bring them financial stability and financial freedom, since there are a lot of problems with fiat money distribution. Children from poor families, as soon as they start living on their own, have actually only two ways: loan in fiat or poverty... That's a pitiful thing, and, unfortunately, this is the basis of capitalists' power over the world.

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May 10, 2023, 05:51:11 PM
 #127

You're right one of the reasons I'm interested in Bitcoin is that it's easy to work with.  One of the easiest ways to earn money is cryptocurrency.  Cryptocurrency is now very popular among youth, and day by day youth are using it more than others.  Middle aged people don't really understand how the bitcoin system works.Young people tend to get rich in cryptocurrency.  They think that cryptocurrency is easily more profitable than other activities.Older people don't like digital transactions, and they aren't used to using them. But they don't know it makes a convenient payment option.

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May 11, 2023, 05:41:44 AM
 #128


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 is a future asset as a digital currency that people invest in to enjoy their future benefits. Nowadays this virtual currency is especially popular among the society especially among the youth and youngsters. There are many unemployed youths in the society who do not get jobs but they start trading in this Bitcoin. and Bitcoin plays the biggest role for youth to brighten their future life. I think there is no looking back when starting a bitcoin business and it is possible to get to a good point in the future. Because Bitcoin is a virtual currency whose value constantly goes up and down, it can be invested with skill and huge profits can be obtained. Youngsters who are sitting unemployed can start trading in Bitcoin and build a good life by keeping this virtual currency as an asset in the future.

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May 11, 2023, 09:11:06 PM
 #129

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.
Most young people see crypto as the way to become a bit wealthier some time later. They hope it will bring them financial stability and financial freedom, since there are a lot of problems with fiat money distribution. Children from poor families, as soon as they start living on their own, have actually only two ways: loan in fiat or poverty... That's a pitiful thing, and, unfortunately, this is the basis of capitalists' power over the world.
Plus they have the time on their side as well. When you are 60 years old, you can't just wait for bitcoin to grow, that's not going to be possible within your life span that easily, and you would spend a majority of your remaining life waiting for it to grow. Whereas when you are 20 years old, you could work 20 years to build up more bitcoin and that would be just half of your life gone, you would be wealthy for the other half of your life thanks to bitcoin.

This is the point, one passes away probably as they get wealthy, and can't take advantage of it, the other has half of their life waiting for them and live a rich life. This is why always assume that it would be a good thing to invest into whatever so you could make some profit when you are young.

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May 12, 2023, 04:16:45 AM
 #130


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 more sensitive to technological developments, moreover bitcoin is a business opportunity today and basically a young man would prefer to try something new, let alone be able to generate fantastic profits. many young people got rich suddenly when the bitcoin price experienced a bull run last year. with this success story it will make more and more people want to learn it and get success like the others.

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May 12, 2023, 05:27:06 AM
 #131


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.


Not all of them are interested to be honest.

Youth is more interested in spending, partying, having fun, and all easy go lucky stuff, that's why it is important to teach them financial freedom while they are young. So, instead of doing the stuff I've mentioned, they will instead be busy on how to save their money to invest in Bitcoin, they are gonna flood you questions regarding about cryptocurrency and that's good.

However, you will also have to guide them, because they might get greedy in a bad way that they could end up losing all of their bitcoin.
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May 12, 2023, 08:03:16 AM
 #132

Bitcoin is a decentralised crypto currency and one of the most popular crypto currencies in the world. The reason behind that youth's are very much interested to invest in Bitcoin is, it's very safe and secure, international transactions, transaction speed.and cost, privacy, direct transactions and protection from payment fraud. Investing in Bitcoin is a good asset for future. But it can be deal with safely and securely with a thorough knowledge of Bitcoin.

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May 12, 2023, 09:00:24 AM
 #133


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.


Not all of them are interested to be honest.

Youth is more interested in spending, partying, having fun, and all easy go lucky stuff, that's why it is important to teach them financial freedom while they are young. So, instead of doing the stuff I've mentioned, they will instead be busy on how to save their money to invest in Bitcoin, they are gonna flood you questions regarding about cryptocurrency and that's good.

However, you will also have to guide them, because they might get greedy in a bad way that they could end up losing all of their bitcoin.

That's what's happening in my country, I don't see young people interested in bitcoin, what they care about is having fun, buying branded goods, chasing celebrities, and living virtual lives on social networks rather than focusing on making money, let alone bitcoin. Most adults and married people are serious about bitcoin because what they need at that age is money to take care of life.

In general, those who see the potential of bitcoin and its benefits will be useful to them. It is not necessary that bitcoin is only useful for young people, not the older generation. Bitcoin is for everyone.

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May 12, 2023, 09:15:57 AM
 #134



That's what's happening in my country, I don't see young people interested in bitcoin, what they care about is having fun, buying branded goods, chasing celebrities, and living virtual lives on social networks rather than focusing on making money, let alone bitcoin. Most adults and married people are serious about bitcoin because what they need at that age is money to take care of life.

In general, those who see the potential of bitcoin and its benefits will be useful to them. It is not necessary that bitcoin is only useful for young people, not the older generation. Bitcoin is for everyone.

In Japan it's a little bit similar. Japan is still a "cash is king" country. Where in other places people pay a high % of stuff via card or some digital wallets, here in Japan most people still pay via cash.

For that reason, even though bitcoin and other crypto currencies are highly advertised, you can even pay in plenty of places with it, not many young folks are really into it.

I have been to bitcoin meetups in Tokyo several times and I would say the average age was in the late thirties.

Most people also have been into crypto for quite a while, there is a big community here. But very rarely I saw folks in the early 20s or even younger, don't understand why that is.

I mean bitcoin has a lot of value, especially when you are young. It's easier to learn and understand it fully and they could actually earn good money with this knowledge.

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May 12, 2023, 05:14:17 PM
 #135


However, it's important to note that Bitcoin can be volatile and risky, and it's important to do proper research and exercise caution before investing. Overall, Bitcoin can be a useful tool for the youth, but it should be used responsibly and with proper knowledge of the risks involved.
That's the thing we are lacking among us. Proper Education about bitcoin and how to use it. Youths want to use bitcoin and wish to take all the advantage of that without knowing the potential risk factors. that may cause them loose trust on bitcoin if they end up loosing their money.
as you said Bitcoin has various use cases and can be a very useful source for youth, in fact for everyone. but without proper knowledge I am afraid it could be opposite of useful.

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May 12, 2023, 05:36:29 PM
 #136

Bitcoin, like any other form of currency or investment, can be useful to young people in various ways, depending on their interests, goals, and level of financial literacy. Here are a few potential benefits and drawbacks of Bitcoin for youth:

Benefits:
Investment potential: Bitcoin has shown tremendous growth in value over the years, making it an attractive investment opportunity for those who can afford to take the risk.
Decentralization: Bitcoin operates independently of government or financial institutions, making it an appealing alternative to traditional banking for those who prioritize privacy and independence.
Technology exposure: Bitcoin is built on blockchain technology, which is becoming increasingly important in many industries. Familiarity with Bitcoin can help young people better understand the technology and its potential applications.

Drawbacks:
Risky investment: Bitcoin is a highly volatile asset, with its value subject to sharp fluctuations. Young people who invest in Bitcoin must be prepared to handle potential losses and understand the risks involved.
Lack of regulation: Since Bitcoin is decentralized and unregulated, there is no legal recourse if something goes wrong, such as a hack or theft.
Complexity: Bitcoin can be confusing and difficult to understand, especially for those who are not well-versed in technology or finance.
Ultimately, whether Bitcoin is useful to the youth will depend on their individual circumstances and goals. It may be a valuable tool for some, but it is not a one-size-fits-all solution. It is important to thoroughly research and understand Bitcoin and its risks before investing.

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May 12, 2023, 05:46:11 PM
 #137


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.

I think that American youth will adopt it as a way to get rich but there will be a minority that sees it as a way to achieve freedom and fix a lot of the problems that will be facing their generation. I can't image what the cost of a house will be in 10 -20 years and how much of the world will be controlled by a tiny group of "elites" but I think if the youth is able to look past the get rich quick mentality, I think they will put it to good use to fix a lot of fiat problems.

Youth in developing world are probably much more likely to adopt it out of necessity and not just out of novelty or a get rich quick scheme. Hyperinflation is going to get worse and bitcoin will not only protect the youth from inflation but it will make it easier for young people to relocate to other parts of the world with their wealth intact.

 

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May 14, 2023, 01:20:16 AM
 #138

~snip~
I think that American youth will adopt it as a way to get rich but there will be a minority that sees it as a way to achieve freedom and fix a lot of the problems that will be facing their generation. I can't image what the cost of a house will be in 10 -20 years and how much of the world will be controlled by a tiny group of "elites" but I think if the youth is able to look past the get rich quick mentality, I think they will put it to good use to fix a lot of fiat problems.

Youth in developing world are probably much more likely to adopt it out of necessity and not just out of novelty or a get rich quick scheme. Hyperinflation is going to get worse and bitcoin will not only protect the youth from inflation but it will make it easier for young people to relocate to other parts of the world with their wealth intact.


Bitcoin is an asset, just like real estate for example, so in a way it's just investing.

The thing is that it's open to absolutely the whole world, without intermediaries, and almost no fees. I think that's a big difference compared to other investments.

Younger people probably will feel better investing in Bitcoin than in other things like real estate that might require a more hands-on approach.

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May 15, 2023, 11:11:02 AM
 #139



Bitcoin is an asset, just like real estate for example, so in a way it's just investing.

The thing is that it's open to absolutely the whole world, without intermediaries, and almost no fees. I think that's a big difference compared to other investments.

Younger people probably will feel better investing in Bitcoin than in other things like real estate that might require a more hands-on approach.

       I do pay respect of your opinion and really agreed. Young generation may join any kind of business that want or appeal but  as we know well that in the current era, digital marketing is much popular than other market business. Station based business grow only when we use all of our resources physically and capital on move as well but on the world of internet you may overcome in short. Bitcoin is very sample and easy so that even a student can start small trading with this.

       If youth is really interested to do so, than in a short period of time, they can get the experience of digital marketing but the only thing to be noticed here is that you have to devote your enthusiasm and all your talents whole heartedly to learn this job. When you understand these things, the youth will than must change their track to Bitcoin trading.

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May 15, 2023, 12:15:26 PM
 #140

How useful is investment/savings to the youth?
This is exactly what your question is, for me it is good to start your career as early as possible, make mistakes as early as possible too in order to learn from them.
People just need to get interested in something in order to dig deeper, and that is how most of the young crypto earners starts their journey because of their interest in it.



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