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Author Topic: How useful is Bitcoin to the youth?  (Read 1309 times)
Myleschetty
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June 24, 2023, 10:01:53 PM
 #161

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 think that individuals who don't understand the value of bitcoin do not know how successful it is and how many individuals accept bitcoin throughout the globe due to its success rate.

Other individuals who think that bitcoin is a mechanism to get rich quick actually saw the money of bitcoin holders but they did not see the patience of successful individuals so I think that one will only understand if they physically become a part of it.
It is not necessary that by investment in Bitcoin you have to leave your job but you can continue your job by placing bitcoin as a side job.
Not knowing how successful Bitcoin is is not the reason why some individuals doesn't value Bitcoin and from my own impression, it's the fear of it going to zero with the inclusion of its volatility in nature that is the most reason why some individuals don't invest in Bitcoin. If the Bitcoin ETF is accepted that will change.
Bitcoin is useful for both the youth and adult who value their financial freedom and opportunity.
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June 24, 2023, 11:13:22 PM
 #162

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 think that individuals who don't understand the value of bitcoin do not know how successful it is and how many individuals accept bitcoin throughout the globe due to its success rate.

The value of a certain thing is subjective.  Why we value Bitcoin too much other can look at it as a trash.  It is not because they don't know that Bitcoin is successful but because of their personal standpoint and belief.

Other individuals who think that bitcoin is a mechanism to get rich quick actually saw the money of bitcoin holders but they did not see the patience of successful individuals so I think that one will only understand if they physically become a part of it.

Blame those people that spread information that Bitcoin is a get-rich mechanism.  Newbies will never think it that way if there is no people spreading the idea like that.

It is not necessary that by investment in Bitcoin you have to leave your job but you can continue your job by placing bitcoin as a side job.

Bitcoin is a technology while bitcoin is a currency, either of them is a side job but you can participate in Bitcoin development as a side job if some company demands for it.  at the same time earning bitcoin can be a side job but bitcoin is not a side job. 

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June 24, 2023, 11:40:06 PM
 #163

When we discuss about the usefulness of bitcoin, there are many things to be considered. However some people have a misunderstanding that bitcoin is a way to make money. This mentality should fade out from the youth. They should understand the underlying technology as well as the need for bitcoin. This will help with the betterment of bitcoin in terms of growth as well as widespread. Lot many opportunities were available to earn, it is the person himself to make the right decision and work on it. People won't easily accept bitcoin, it takes time. To experience a better usability it takes time, considering the future if the youth start working on it, then this is going to be life changing for them in the long term.
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June 25, 2023, 01:54:57 PM
 #164

Indeed, it may not surprise us that the younger generation is increasingly interested in Bitcoin as a money-making and investment tool. However, young people also need to consider the risks and difficulties involved in investing and using Bitcoin, it needs to be used and managed with care and caution.
I see young people can invest in Bitcoin to create diversity in their portfolio. The difference between Bitcoin and other assets but in terms of liquidity and attractiveness to investors has made it an attractive option for young people. But above all, it is still the research and study as well as its experience, should not be too overused in the financial environment to find things quickly.

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June 25, 2023, 02:20:33 PM
 #165

When I started as a student, I thought at first it's not true at all that I could earn from it so I studied it online from resources such as Youtube or such like this forums. It was hard to start without funds bvut I found out that I could actually earn here without putting money. It's actually useful as you can get extra money without asking funds from your parents at all. You could also support yourself especially if there's needed things you need to buy. It's like a hobby as a student to learn plus learning Bitcoin it's like learning extra subjects that could help you in the future.

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June 25, 2023, 02:31:55 PM
 #166

It is really well known in this generation because of social media, and most of the youth right now, even at a young age, want to earn bitcoin to help themselves or their parents, which is why Bitcoin is very useful. They can make it as an investment while in school, and even others have made their lives comfortable because of bitcoin because they earn profit from it. There are other microtasks or here in the forum that you can earn it from, and it is very useful in every aspect of life as it is about finances.
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June 26, 2023, 04:36:47 AM
 #167


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.


we should be able to invite these young people to get to know more about what Bitcoin is and how it will benefit them. because not only for trading, bitcoin is also quite helpful for young people who work freelance and want to make transactions internationally but don't want to be taxed for it. bitcoin is a payment that makes it easy for them to get paid for their work but don't want to be complicated to manage various files to receive their payment.

and not only that, bitcoin also makes it easier for them to be able to accept payments on their business for tourists or people who use bitcoin and it will give them more advantages compared to using fiat. so we should be able to provide information on the advantages of using bitcoin to them, so that they will be interested in adopting bitcoin for their various needs.
Unquestionably, Bitcoin is a revolutionary trading medium, a significant asset for youth, especially freelancers. But are we bypassing potential downsides? While tax-free international dealings sound appealing, let's not forget—tax evasion is unlawful. Bitcoin doesnt grant tax immunity. Shouldnt we advocate for legal tax arrangements?

Also, we can' overlook Bitcoin's instability. With values seesawing unpredictably, isn't it a precarious choice for young go-getters? Might the demerits overshadow the merits? Crucial to consider before advancing mass acceptance.

Lets not exaggerate Bitcoin, but exhibit it as it is - a commendable, yet strenuous, element of the current financial matrix.

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June 26, 2023, 02:28:04 PM
 #168

In new generation Bitcoin introduces the youth to blockchain technology, which is the underlying technology behind cryptocurrencies. Understanding blockchain can be valuable in a world increasingly driven by digital innovation. Exploring Bitcoin can help young people develop skills and knowledge in areas such as cryptography, decentralized systems, and digital security.

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June 26, 2023, 02:50:46 PM
 #169


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 think its definitely important for the youth to have a general understanding of what BTC is, but I do not think it is quite appropriate for them to be using BTC under the age of 13 or 14 I would say. BTC can lead to scams, which are so ever prevalent in this day and age and kids just aren't smart enough to look out for themselves on all of that yet, in my opinion. I think once a kid hits the age of even 12 is enough, if they have their wits about them, to start working towards some kind of "digital business" with the guidance of a guardian every step of the way...

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June 26, 2023, 04:20:30 PM
 #170


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.

My own understanding is that the youth who are educated should be familiar with bitcoin because you can't just decide to teach a youth who is not educated about bitcoin or get him involved in cryptocurrency if they are not aware of it before. They might perceive it as a fraud or that you are trying to scam them. Even if we want to get the youth like us involved in bitcoin, we should make sure they have knowledge of it.

R


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June 26, 2023, 04:44:32 PM
 #171

BTC is very important to humanity, and it can help youths to grow financially, materially and physically in the community. I guess many youths are used to BTC in the world because, they have seen with their two eyes some of the benefits that attached and what BTC can do to those that use it well by investing so much money on it, and wait for the price to move higher before he or she can sell to earn income. BTC is very easy for people to move from one place to another, and it is well secured in the transactions and safe that make many youths to dedicated their special time on it so that they will have the knowledge of BTC. It has a strong privacy which will be difficult for other people to have access to your BTC in your  wallet which many youths have experienced the positive part of it.

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June 26, 2023, 04:47:36 PM
 #172


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.


Just like any other investment, the younger generation would be the one to continue and most likely provide more innovation towards cryptocurrencies. They are the the essential element to make cryptocurrencies successful because without them, there would be no party that would seek the potentials of cryptocurrencies.

On its own, BTC should be treated as an investment. While they are growing up, however, they should be fully aware of its consequences and uses on the market. For them to actually understand this concept, they must have at least a fraction of it for them to invest and understand its fundamentals in the blockchain technology.
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June 26, 2023, 10:20:02 PM
Last edit: June 27, 2023, 12:04:58 AM by Wimex
 #173

Young people today are more immersed in everything that has to do with digital, they are more programmed to understand it than older people, since the latter, in addition to being distrustful, like the traditional more, since they have grown up with it and it is they know him. But the youth is so open to learning and experimenting and taking risks with new technology and everything that is linked to it, that they can even contribute great ideas to this cybernetic world and therefore benefit the community that is also involved. The fact that they get involved with bitcoin increases the possibility that this currency will be taken more and more into account, to the point of being accepted by governments. Well, young people know the potential of digital currencies, and what they can earn with them, so they simply take the opportunity without thinking much about it, of course this may not be so good, but little by little they will become experts in this bitcoin world and will make this currency stronger than it is Besides that they will learn a lot about finances.
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June 26, 2023, 11:20:32 PM
 #174

My own understanding is that the youth who are educated should be familiar with bitcoin because you can't just decide to teach a youth who is not educated about bitcoin or get him involved in cryptocurrency if they are not aware of it before. They might perceive it as a fraud or that you are trying to scam them. Even if we want to get the youth like us involved in bitcoin, we should make sure they have knowledge of it.
Not all educated youth are familiar with Bitcoin, some youth may be more interested in real things. So, they never know something like Bitcoin. But since most youth are familiar enough with internet or digital space, they will be easier to learn Bitcoin. Now, it depends on the status of Bitcoin or crypto in their country. If Bitcoin or crypto is legal, they probably will learn it confidently. While if it is illegal, the youth will avoid learning it because they are worried to get a trouble with the regulations.

In my country, people a bit worried to learn Bitcoin or crypto because there are still many FUDs. It is illegal to be a payment tool here, but it is legal as a digital asset. I'm sure when it is totally legal, the youth will be more interested in Bitcoin/crypto.


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August 12, 2023, 03:24:40 AM
 #175

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.

Yes, young people, of course, have great potential to learn about BTC because usually young people have good  abilities, so of course they will understand quickly if someone teaches them about BTC. and of course they still have a long journey and a long life except by God's will he must die at a young age.

but i think btc is perfect for young and old alike. the important thing is there is a will and learning without stopping.

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August 12, 2023, 01:17:45 PM
 #176

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.

Yes, young people, of course, have great potential to learn about BTC because usually young people have good  abilities, so of course they will understand quickly if someone teaches them about BTC. and of course they still have a long journey and a long life except by God's will he must die at a young age.

but i think btc is perfect for young and old alike. the important thing is there is a will and learning without stopping.
Exactly. In today's time age does not matter in needing money and wanting to have financial freedom. With the changes and overwhelming demands of the world it shouldn't be surprising that young and old individuals have the same drive to earn and save money. Therefore, if they are willing to learn and work hard then it shouldn't matter if they want to learn btc and the system.

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August 12, 2023, 05:58:49 PM
 #177

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 highly unlikely that some young people didn't hear about bitcoin at this point, it's not 2013 anymore, even old people have heard about bitcoin. The bigger problem, in my opinion, is that new generations are used to have things immediately, check them out a little, and then forget about them and keep going with the new trend. Probably they already watched someone talking about bitcoin on TikTok but their span of attention is so low that probably they didn't even understand what this is about.

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August 12, 2023, 07:29:52 PM
 #178

Todays world the number of youths is high. It is impossible to do good without these youths. If youths are involve in Bitcoin then it will be successful i think. We saw many youths are promoting Bitcoin on many social media like YouTube,  Facebook, Tiktok, Twitter etc. So much people are knowing about bitcoin. I think if more youth engage with Bitcoin now then it will spread would wide speedily. Youth are making money from bitcoin trading. Many youth investing on Bitcoin because they know huge profits possible from bitcoin investment. So youth are involving in bitcoin and they are mass earning from here.

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August 12, 2023, 09:30:31 PM
 #179

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.

Yes, young people, of course, have great potential to learn about BTC because usually young people have good  abilities, so of course they will understand quickly if someone teaches them about BTC. and of course they still have a long journey and a long life except by God's will he must die at a young age.

but i think btc is perfect for young and old alike. the important thing is there is a will and learning without stopping.
Exactly, the opportunity is certainly greater for young people who do have an interest in bitcoin because they still have a productive age to do some planning in the future. but that does not mean that this is only suitable for those who are young because in other conditions there is one other factor that becomes a benchmark in this case, namely where btc is functional and can be learned by anyone regardless of gender or age so of course this becomes a condition where even though this is not a race but who can learn it better than others then he is the one who has the potential to get more benefits.

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August 12, 2023, 10:45:14 PM
 #180

Not about the opportunity, but the technology have reached big and people have started to understand well about it than getting into fear. In the past people always had fear of using it as well as investing on it. Now things have changed and people are more positive about it. In the past whenever some negative news gets rolled, automatically the market struggles as panic selling happens. This is no more as awareness about bitcoin is at its best.

Bitcoin have created space for the young people as well as it have given an additional opportunity for them to earn, invest, trade, etc. The usefulness of bitcoin depends on the way every person. Right now the importance relies on investment, over time this can change as it have got multiple usage accessibility.
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