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Author Topic: Seniors vs Kids — in the future of Bitcoin  (Read 692 times)
Majestic-milf
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July 04, 2023, 03:10:19 PM
 #41

I saw some post in this forum talking about kids with cryptocurrency. We all know that the "youth are the hope of our Country", this is what Jose Rizal said, known as a national hero in the Philippines before he died. So if we relate this with Bitcoin, kids has a lot of time, strength and potentials than Seniors, and I think most of you agree with that. However, we shouldn't force our kids to learn Bitcoin if they're not willing, we have to wait patiently for the right time.


In my opinion, what sets the two apart is experience. Quite true that the youths are young blooded and full of life, but if they are not experienced, Bitcoin in particular and financially as a whole, they too can fall prey to scams.
 In our society these days, the youths are more interested in get rich quick schemes and may not exercise patience to learn the nitty gritty, thereby missing out on some key signs of security breach or scam.
 But then, some of the older ones if taught properly about Bitcoin are at an advantage since at that moment in their lives, they can use it as investment with which to pass the time since there's not an issue of kids to take care of a family to start that might divert their attention.

R


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July 04, 2023, 03:14:35 PM
 #42


And which of them will contribute the most?

78% is a very high number, and it shows that seniors are also very interested in bitcoin, but they may lack knowledge leading to scams. But you also fail to show evidence that young people are interested in and benefit from participating in bitcoin. Moreover, the scammers of those seniors are most likely the younger generation, so it's not entirely true to say that the old don't contribute to bitcoin while the young do. Bitcoin is for everyone, and only bitcoin lovers can contribute to bitcoin regardless of gender or age.

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July 04, 2023, 03:14:56 PM
 #43

So if we relate this with Bitcoin, kids has a lot of time, strength and potentials than Seniors, and I think most of you agree with that. However, we shouldn't force our kids to learn Bitcoin if they're not willing, we have to wait patiently for the right time.
It's true that Kids are potential but the seniors are legends. Because seniors saw the Bitcoin to grow from 0.09$ at 2010 to 68789$ and they are the real heroes as they accumulate Bitcoin at it's crucial time. By holding their hands Bitcoin has created history. So kids can be much potential but seniors are the most respectable. And kids can play a vital role in Bitcoin legalization among the every country. We should teach kids about Bitcoin when they are much aware about technology. They should be taught about pros and cons and every details to make his beginning happy and secure.

Do you agree that kids is the future of Bitcoin than with seniors?
And which of them will contribute the most?

Bitcoin isn't for only a limited period like 50/60 years so Kids are obviously the future of Bitcoin. They will make history again and again and Bitcoin will be the most Dominated currency. Those who will use it in legal ways and help others to adopt Bitcoin and teach others will be the most contributing among them.

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July 04, 2023, 03:32:03 PM
 #44


Do you agree that kids is the future of Bitcoin than with seniors?
And which of them will contribute the most?

For everyone who is aware that today's youth will become tomorrow's leaders, the answer to the question is obvious. Kids are the future of Bitcoin, in my opinion, because seniors will eventually lose the ability to invest in or further develop of Bitcoin technology, and by the time that happens, today's children will be adults who will  be in control of technology. As such, I see the development of Bitcoin as a long-term process that will involve many generations.

Therefore, it is important to introduce Bitcoin technology to kids early, so that they will get more familiar to it by the time they clock adults.so It will not be the time when get to adult they start learn. For contributing to continue development of Bitcoin technology I may say that I am expecting next generation to be the one to contribute most because the technology contidevelopment of technology.

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July 04, 2023, 04:24:23 PM
 #45

However, we shouldn't force our kids to learn Bitcoin if they're not willing, we have to wait patiently for the right time.
But when or what is the right time?

I think if kids can take the bitcoin interest then their is no reason to keep this information from them... especially that this generation is too tech savvy to fail this mission!

I saw a news saying that in "2022 Crypto scams against seniors surged 78%", you might agree that one of the reason why these happened is the lack of knowledge in cryptocurrency. But a lot of seniors contributes to the success of Bitcoin.
Lack of knowledge did play a role but one truth we can not run away from when it comes to bitcoin and security is that the older folk have always been on the side they could get hacked & more susceptible to scams and the alike because they prefer easy ways of doing things and trust others easily,  and with crypto these characteristics they have is what leaves them at the mercy of a hacker..but with time these numbers are surely going down!!

Do you agree that kids is the future of Bitcoin than with seniors?
And which of them will contribute the most?
Let's just say the seniors have the money and the kids have the skillset to navigate around the cryptospace...Which tells this isn't about choosing X over Y or the other way round but both players playing a role for crypto to be workable.

R


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July 04, 2023, 04:58:11 PM
 #46

Do you agree that kids is the future of Bitcoin than with seniors?
And which of them will contribute the most?
Naturally the new generation will be ahead than older. But in this context the path of the kids will be started by the seniors. When the seniors acquire good knowledge about Bitcoin, that knowledge will be shared to the juniors. Without seniors, juniors cannot acquire enough knowledge about Bitcoin. I think kids will dominate Bitcoin in the future, but Kids always have to follow seniors to acquire proper knowledge. So I think their importance should be the highest. Once a time Kids will be seniors and then the new generation will follow them. I want to give more importance to seniors.
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July 04, 2023, 05:03:00 PM
 #47

I saw a news saying that in "2022 Crypto scams against seniors surged 78%", you might agree that one of the reason why these happened is the lack of knowledge in cryptocurrency. But a lot of seniors contributes to the success of Bitcoin.
Targeting people aged 60 and over because scammers are aware that the average thinking ability of people of that age is weak so they can easily cheat.
This is different from those under the age of 40 who still have a fresh mind in understanding technology and looking for updated information on new knowledge, so it is appropriate and natural for young people to be crowned the next generation.

If the context of fraud is addressed to all cryptocurrencies, maybe in general they also think Bitcoin is the same. I do not agree if generalized.
If the cryptocurrency in question is not Bitcoin but altcoin, on the one hand there are many altcoin projects that end in fraud and have a sad ending.
Bitcoin is not a cryptocurrency that will provide fraud. Bitcoin is very clear on its way.

R


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July 04, 2023, 06:18:05 PM
 #48

Do you agree that kids is the future of Bitcoin than with seniors?
And which of them will contribute the most?
Yes but the seniors are the ones to guide them. Both play an important role to the bitcoin ecosystem and in the entire world.

As I've said of contributing, the kids will need more years before they finally able to contribute but if we've got parents that are supportive such as these kids' parent:
These 14- and 9-year-old siblings earn over $30,000 a month mining cryptocurrency
then the world will become better.

But we have to admit that it's not the case for the majority and this is like 1% of this space.
It's not a wonder that kids are more open to it because they are willing to take more risks and online world is not a mystery to them. Even in my age there is still some sort of scary situation for me and I wonder if I would be able to make some money with it or not, and I keep on worrying over everything, this is why I invest into bitcoin in general and that's how I make my money as much as I possibly could before any of that.

It is not going to be that easy, it is going to take some time but I will get used to it more and more. Meanwhile, kids already born with online world in their hand, they grow up with their phones, and that's how they are a lot brave when it's about getting into online business, they make good profit.

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July 04, 2023, 07:03:56 PM
 #49

Do you agree that kids is the future of Bitcoin than with seniors?
And which of them will contribute the most?
Dear op kids are not only the future I bitcoin but they are the future itself. Well but your statements is also valid. Because I agree that if the child started to take interest in bitcoin which means they will become more responsible about money in their early life which most of the seniors are not.

No offense but I am observing the current generation is so fast and they have started to earn money in their 18s (l know we might also have started to earn money but I am not but those who do I can assure you your salary and today's kids salary are not equal amid the difference of inflation) more than us.

Well, I have seen two or three topics related to kids's studies about crypto sphere where in one topic a trader shared his queries about did he teach a kid trading when the kid has asked him to teach. Well kids with these mentality are the future because instead of adopting bad habits and immoral work they are adopting a legal and good work.

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July 04, 2023, 07:06:37 PM
 #50

Bitcoin will become more accessible to future generations, thanks to the knowledge we have gained through our own experiences. We have faced challenges such as Ponzi schemes, scams, and hacks, but we have learned and grown with each passing day. We can utilize our experiences to educate the next generation, including children, about Bitcoin. By doing so, they can start their journey with a solid foundation and be even more knowledgeable than we are today when they reach our age. Undoubtedly, today's children are the future of Bitcoin. However, it is important not to impose Bitcoin on them forcefully. Instead, we should prepare them to be open to accepting it, so that we can introduce it to them at the most opportune time.

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July 04, 2023, 07:07:27 PM
 #51

Do you agree that kids is the future of Bitcoin than with seniors?
And which of them will contribute the most?
Naturally the new generation will be ahead than older. But in this context the path of the kids will be started by the seniors. When the seniors acquire good knowledge about Bitcoin, that knowledge will be shared to the juniors. Without seniors, juniors cannot acquire enough knowledge about Bitcoin. I think kids will dominate Bitcoin in the future, but Kids always have to follow seniors to acquire proper knowledge. So I think their importance should be the highest. Once a time Kids will be seniors and then the new generation will follow them. I want to give more importance to seniors.

my take here is that both are important in this market. older people can teach the younger gen, whereas, the younger ones have longer years of educating themselves on this market. every market can also evolve, so who knows they can create projects that are life-changing as well.
but we can't disregard the existence of the older gen on this market, they are also vital in the growth of every market.

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July 04, 2023, 07:51:25 PM
 #52

Do you agree that kids is the future of Bitcoin than with seniors?
And which of them will contribute the most?
Bitcoin is still very young, probably right now the majority of seniors, since they have more money, are more interested in trading but if and when there will be an actual adoption, well, that will be only thanks to the kids. Old people don't create trends, kids do, especially nowadays with social media.

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July 04, 2023, 07:57:19 PM
 #53

So if we relate this with Bitcoin, kids has a lot of time, strength and potentials than Seniors, and I think most of you agree with that.
what you said is true and i agree that youth have more time, strength and potential but maybe most of them haven't had the opportunity to understand Bitcoin due to their age.

However, we shouldn't force our kids to learn Bitcoin if they're not willing, we have to wait patiently for the right time.
yes i agree. we should not impose ambitions on children to get to know Bitcoin if it's not the right time, if we really want to teach it to children or the younger generation then we must have a mature and reasonable plan to teach it at the right time.

Do you agree that kids is the future of Bitcoin than with seniors?
And which of them will contribute the most?
the younger generation and the older generation both have their respective contributions, it's not a matter of the number of contributions because this is not a competition but a continuous and interrelated process. because the older generation has the obligation to teach and the younger generation has the right to be taught.
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July 04, 2023, 08:02:50 PM
 #54

I saw some post in this forum talking about kids with cryptocurrency. We all know that the "youth are the hope of our Country", this is what Jose Rizal said, known as a national hero in the Philippines before he died. So if we relate this with Bitcoin, kids has a lot of time, strength and potentials than Seniors, and I think most of you agree with that. However, we shouldn't force our kids to learn Bitcoin if they're not willing, we have to wait patiently for the right time.

I saw a news saying that in "2022 Crypto scams against seniors surged 78%", you might agree that one of the reason why these happened is the lack of knowledge in cryptocurrency. But a lot of seniors contributes to the success of Bitcoin.

Do you agree that kids is the future of Bitcoin than with seniors?
And which of them will contribute the most?


I mean yes naturally the young are more the future of Bitcoin than seniors. Old people are generally hesitant to try to understand new technology. And they also won't be around as long. A 70 year old today might not ever bother with Bitcoin. A 7 year old today is going to grow up into a world in which Bitcoin is completely normal. By the time the kid is in their early 20s and has money of their own, using Bitcoin for savings and maybe by then even spending will just seem normal. Most people that are into Bitcoin today are 20s, 30s, and 40s year olds because younger people are more likely to want to learn about new technologies. Just as people who were in their 60s or 70s in the 1990s maybe never bothered to use the internet much even if they are still alive today, but to people born in the 90s the internet is a foundational element of human society and their life and they can't imagine a world without it.
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July 04, 2023, 08:04:19 PM
 #55


Do you agree that kids is the future of Bitcoin than with seniors?
And which of them will contribute the most?

For everyone who is aware that today's youth will become tomorrow's leaders, the answer to the question is obvious. Kids are the future of Bitcoin, in my opinion, because seniors will eventually lose the ability to invest in or further develop of Bitcoin technology, and by the time that happens, today's children will be adults who will  be in control of technology. As such, I see the development of Bitcoin as a long-term process that will involve many generations.

Therefore, it is important to introduce Bitcoin technology to kids early, so that they will get more familiar to it by the time they clock adults.so It will not be the time when get to adult they start learn. For contributing to continue development of Bitcoin technology I may say that I am expecting next generation to be the one to contribute most because the technology contidevelopment of technology.

Well you are not wrong in one aspect but I think bitcoin will be hard to miss by the younger generation looking at how fast and massive its awareness is pushing to all parts of the world and I certainly feel bitcoin doesn't need any introduction again at this level to kids because when they do grow up the use of bitcoin will have being stipulated to aspect of human Society in a way that it would be very hard for them to skip and not follow up with the trend but I do feel everything has a time and season.

R


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July 04, 2023, 08:19:27 PM
 #56

Bitcoin will become more accessible to future generations, thanks to the knowledge we have gained through our own experiences. We have faced challenges such as Ponzi schemes, scams, and hacks, but we have learned and grown with each passing day. We can utilize our experiences to educate the next generation, including children, about Bitcoin. By doing so, they can start their journey with a solid foundation and be even more knowledgeable than we are today when they reach our age. Undoubtedly, today's children are the future of Bitcoin. However, it is important not to impose Bitcoin on them forcefully. Instead, we should prepare them to be open to accepting it, so that we can introduce it to them at the most opportune time.
The first generation has learned everything about cryptocurrency knowledge starting from technical and non-technical aspects, they have shared their knowledge and experiences in various forums or have posted cryptocurrency articles on various websites and crypto communities have increased in various countries either based on social media or real communities, so everything things related to bitcoin knowledge have been summarized with various concepts to make it easier to explain to beginners or the next generation.

The next generation born in the digitalization era is very sophisticated and they are under the age of 5 years already able to apply basic cellular usage, I once had a dialogue with a teenager but I didn't expect him to already know some of the basic non-technical explanations of bitcoin, even though his knowledge was very basic but I tried explaining actual knowledge adjusting grammar that is easy for him to understand. So, beginners or the next generation will grow potential members of the global crypto community because of the easy access to information about bitcoin from the internet and social media.

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July 04, 2023, 08:42:17 PM
 #57

~Snip
The first generation has learned everything about cryptocurrency knowledge starting from technical and non-technical aspects, they have shared their knowledge and experiences in various forums or have posted cryptocurrency articles on various websites and crypto communities have increased in various countries either based on social media or real communities, so everything things related to bitcoin knowledge have been summarized with various concepts to make it easier to explain to beginners or the next generation.

The next generation born in the digitalization era is very sophisticated and they are under the age of 5 years already able to apply basic cellular usage, I once had a dialogue with a teenager but I didn't expect him to already know some of the basic non-technical explanations of bitcoin, even though his knowledge was very basic but I tried explaining actual knowledge adjusting grammar that is easy for him to understand. So, beginners or the next generation will grow potential members of the global crypto community because of the easy access to information about bitcoin from the internet and social media.
The bitcoin community will only get stronger year after year. The next generation will find it easier to learn bitcoin because they can learn a lot of knowledge everywhere. I wish many schools would teach kids about technology rather than the general subjects like when I went to school. If the bitcoin/ cryptocurrency curriculum is taught, then in the future it will be easier for children to understand bitcoin because basically they have been learning since school.

After all, bitcoin is starting to catch the attention of many people because of the profit opportunities it provides. I can imagine that in the next 5 to 10 years bitcoin will have a bigger community around the world. Even if bitcoin does manage to hit ATH after the 2024 halving, then the world will really be in an uproar with it.

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July 04, 2023, 09:49:26 PM
 #58

Do you agree that kids is the future of Bitcoin than with seniors?
And which of them will contribute the most?
Yes but the seniors are the ones to guide them. Both play an important role to the bitcoin ecosystem and in the entire world.

As I've said of contributing, the kids will need more years before they finally able to contribute but if we've got parents that are supportive such as these kids' parent:
These 14- and 9-year-old siblings earn over $30,000 a month mining cryptocurrency
then the world will become better.

But we have to admit that it's not the case for the majority and this is like 1% of this space.
It's not a wonder that kids are more open to it because they are willing to take more risks and online world is not a mystery to them. Even in my age there is still some sort of scary situation for me and I wonder if I would be able to make some money with it or not, and I keep on worrying over everything, this is why I invest into bitcoin in general and that's how I make my money as much as I possibly could before any of that.
We grown ups have more worries to think of, why these kids and young ones can be careless because they can restart whenever they want if they fail for a venture like this.

It is not going to be that easy, it is going to take some time but I will get used to it more and more. Meanwhile, kids already born with online world in their hand, they grow up with their phones, and that's how they are a lot brave when it's about getting into online business, they make good profit.
That's true that it's not easy but it can be done and possible even if we're already adults. And for the reality with the newer generation today, they're too attached with modern technology and learning about such is easier for them.

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July 04, 2023, 10:20:26 PM
 #59

Instead of teaching kids or senior people about Bitcoin, we should better teach them about being safe in the internet, not being scammed or cyber security in general. Being protected is more important than being able to earn or bring money into the internet. Let them first learn how not to lose current, fiat money, instead of learning what could be future digital money and technology.
Agree with you, even though Bitcoin is best of cryptocurrency there's still a risk if you immediately jump into it without enough knowledge. Both of them needs to learn especially if you only have a little knowledge. There's some point that seniors are with pride, difficult to teach but instead of giving up we have to be patient if you love them. You know how hard getting scammed by someone, especially if this money is your savings. So for kids and seniors, including me, should be teachable.

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July 04, 2023, 10:38:33 PM
 #60

I saw a news saying that in "2022 Crypto scams against seniors surged 78%", you might agree that one of the reason why these happened is the lack of knowledge in cryptocurrency. But a lot of seniors contributes to the success of Bitcoin.

Do you agree that kids is the future of Bitcoin than with seniors?
And which of them will contribute the most?
Do you see a future where there would be more of seniors, more of us? I mean, if you get to live up to a 100year, then your lifetime lucky and even then, a lot of things would be much more difficult for you to operate or comprehend as you do now.

If that be the case; how then do them kids at this time not be the future rule the times to come. It’s just normal for them to be better than the generation before them in terms of tech advancement but, we did set the platform for this development to happen. That’s our take and we could as well enjoy the much we can of it, we hope they make more improvements on the network in the times to come.

R


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