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Author Topic: Is it worth it to teach older people about bitcoin technology?  (Read 1076 times)
GigaBit
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August 19, 2023, 12:08:42 PM
 #61

Bitcoin has captured the center of attention, especially with the younger generations showing keen interest in it. Yet, there are those who believe that teaching older individuals about it might not be a wise investment of time. However, we must ponder: does it carry value? This conversation revolves around the question of whether it's worthwhile to educate older generations about bitcoin.

Bitcoin had a capacity to make the poor to rich,So the old people will have a good savings in their old ages.So they can multiple the money by using the cryptocurrency investment.Now the bitcoin price was in the bear market,So the old people can inverse in the bitcoin for the good profit.The old people can adapt the market changes because of the experience due to their ages.Some old people will not accept any new investments using their money and try to hold money in term of fiat.
The new generation has come a long way with Bitcoin but it can also be an opportunity for those who are older. But if older don't know about Bitcoin well then, they won't be interested in investing in this platform. In order to encourage them to invest in Bitcoin, they must have a good knowledge of Bitcoin. This is the most risky and profitable investment platform those things have to understand. As they can make good profit from investing in this platform, they will have a difficult moment if they lose money. I think if they invest a small part of their savings, it will definitely bring good results for them.

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August 19, 2023, 12:23:17 PM
 #62

I think in this case it worth a shot to teach them, because some of the older people who have a lot of savings plus their pension that could provide their needs are finding to get use of their money. Bitcoin is actually open to anyone it's just depends and differ on their knowledge about it so age doesn't really matter. As a person you would already know if you are suitable to learn something and your really eager to understand complicated system such as the crypto. It's really depend on the person already if he/she are willing to learn.

New generation or what we called "Gen Z" nowadays might have an advantage to learn earlier Bitcoin due to we're already living in the era of technology, still older people have ideas on how technology works plus they have the money to enter the market. Maybe we just confuse "older people" that might not catch up to technology nowadays, that's actually true but I think it's on the apps already such as TikTok, Youtube and etc.

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August 19, 2023, 01:04:17 PM
 #63

I don't think it's ever about the age, it's more about their own willingness, even if the person you are trying to guide is still young but if the person doesn't actually want to learn about bitcoin, then it's not worth it, no matter how hard you try to teach those kind of person they will not understand because they don't want to understand. And on the other side, even 50 or 60 years old could learn about bitcoin if they are willing to learn.

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August 19, 2023, 01:34:23 PM
 #64

Bitcoin has captured the center of attention, especially with the younger generations showing keen interest in it. Yet, there are those who believe that teaching older individuals about it might not be a wise investment of time. However, we must ponder: does it carry value? This conversation revolves around the question of whether it's worthwhile to educate older generations about bitcoin.
Of course Bitcoin is equally important among all walks of life because you can't just limit Bitcoin to the young generation. Bitcoin is a decentralized coin where it is not controlled by any one class of people but is limited by all the people of the world. Bitcoin is equally important for rich-poor, educated-uneducated, young-old. Not only should the young generation become experts on Bitcoin technology but it should be brought to the entire class of people.

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August 19, 2023, 02:11:59 PM
 #65

Bitcoin has captured the center of attention, especially with the younger generations showing keen interest in it. Yet, there are those who believe that teaching older individuals about it might not be a wise investment of time. However, we must ponder: does it carry value? This conversation revolves around the question of whether it's worthwhile to educate older generations about bitcoin.

The younger generation is more interested in bitcoin because their mentality today is to want to get rich quick and not to do manual labor. Don't make the mistake of thinking that all young people are looking for financial freedom or looking for an asset to give them privacy or that they are driving the advancement of technology. Many scam projects are released and damage to the reputation of bitcoin is mostly caused by the younger generation. So don't think that only young people bring benefits and value to the growth of bitcoin.

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August 19, 2023, 02:22:38 PM
 #66

Bitcoin has captured the center of attention, especially with the younger generations showing keen interest in it. Yet, there are those who believe that teaching older individuals about it might not be a wise investment of time. However, we must ponder: does it carry value? This conversation revolves around the question of whether it's worthwhile to educate older generations about bitcoin.
Well, personally, I see nothing wrong in teaching older generations about bitcoin, for example, if Hal finney(may God rest his soul) at his old age was a key part of the team that developed bitcoin, source has it that he was the first Person to directly receive bitcoin from Satoshi, so if as his age, he was still part of the team that brought bitcoin to live, I don't see why it's not ideal to teach our older generations about bitcoin, the only thing I would say is that, we should not try to force or cajole them in any way, to invest in bitcoin, so let their decision to buy bitcoin or not to buy bitcoin be their decision and theirs alone.
There are actually, alot of old forks who are into bitcoin and doing very well, so the truth is, not everyone of them will accept, possibly due to lack of proper understanding, but then, it's not out place to tell or teach them, it's not a wasted effort.

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August 19, 2023, 02:34:04 PM
 #67

I don't think it's ever about the age, it's more about their own willingness, even if the person you are trying to guide is still young but if the person doesn't actually want to learn about bitcoin, then it's not worth it, no matter how hard you try to teach those kind of person they will not understand because they don't want to understand. And on the other side, even 50 or 60 years old could learn about bitcoin if they are willing to learn.
That's right, teaching Bitcoin to anyone who is prepared to face these consequences and has a will of their own is a must for us to teach it. It is very important for us to understand that teaching bitcoin does not look at age either young or old, if they are interested there is nothing wrong with teaching them. What is not allowed is that we force them with our will to get to know bitcoin. Currently Bitcoin has experienced very rapid growth in all parts of the world. Along with this phenomenon, even some parents in this world believe that teaching their children about crypto from an early age is a brilliant idea.
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August 19, 2023, 02:54:47 PM
 #68

Bitcoin has captured the center of attention, especially with the younger generations showing keen interest in it. Yet, there are those who believe that teaching older individuals about it might not be a wise investment of time. However, we must ponder: does it carry value? This conversation revolves around the question of whether it's worthwhile to educate older generations about bitcoin.
Bitcoin (or any other online business) isn't age restricted. It's a matter of interest. Since it doesn't require physical strength, anyone can get involved in it if they've its interest. We've an octogenarian here who's well into Bitcoin and he's doing very well from what I read about him. I've come across youngsters who've heard about Bitcoin but aren't interested in pushing it forward. How do you teach such people, even with their young age? I would say, if the elderly (old people) show interest to learn it, teach them. If not, leave them alone. Not everyone will get into Bitcoin.

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August 19, 2023, 03:12:14 PM
 #69

Bitcoin has captured the center of attention, especially with the younger generations showing keen interest in it. Yet, there are those who believe that teaching older individuals about it might not be a wise investment of time. However, we must ponder: does it carry value? This conversation revolves around the question of whether it's worthwhile to educate older generations about bitcoin.
Well, personally, I see nothing wrong in teaching older generations about bitcoin, for example, if Hal finney(may God rest his soul) at his old age was a key part of the team that developed bitcoin, source has it that he was the first Person to directly receive bitcoin from Satoshi, so if as his age, he was still part of the team that brought bitcoin to live, I don't see why it's not ideal to teach our older generations about bitcoin, the only thing I would say is that, we should not try to force or cajole them in any way, to invest in bitcoin, so let their decision to buy bitcoin or not to buy bitcoin be their decision and theirs alone.
There are actually, alot of old forks who are into bitcoin and doing very well, so the truth is, not everyone of them will accept, possibly due to lack of proper understanding, but then, it's not out place to tell or teach them, it's not a wasted effort.
It's indeed not a wasted effort to teach older people about BTC technology, after all, only those who stop learning have become dead. 
We are expected to learn at any age, in the subject that we are interested in before we get too old to learn anything.

I have seen older people who go back to school to complete a degree or have one, in same vain, any older person who wants to learn about the crypto technology is doing so to fulfil the human need of enlightenment and financial freedom.
We should teach the older people if they have an interest to learn not just only BTC technology, but any other subject they think would benefit them, instead of letting them think BTC is for scammers and criminality and only reserved for the young.

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August 19, 2023, 03:58:00 PM
 #70

Bitcoin has captured the center of attention, especially with the younger generations showing keen interest in it. Yet, there are those who believe that teaching older individuals about it might not be a wise investment of time. However, we must ponder: does it carry value? This conversation revolves around the question of whether it's worthwhile to educate older generations about bitcoin.
I believe bitcoin is for everyone, although not all of them are capable to make it work and be successful. So it’s an edge if you are teaching those who show eager interest in the first place, particularly those who are very open on the newest technology that brings new innovations to the lives of the people. However, I don’t say that the older people are exempted for that. As long as they remain motivated to adopt new things and learn from it, then they should be given priority to be taught about bitcoin. After all, age does not matter in bitcoin, what matters more is how you comprehend to it and embrace it for good. And I don’t think older people are hard to teach about the basics of bitcoin. Learning will always be possible if there is passion and dedication to grasp the idea of bitcoin.

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August 19, 2023, 04:23:39 PM
 #71

I'd say it's a hit or miss because some people can't be bothered about learning Bitcoin and the technology behind it. At the very least, it's better to inform them (if they're the ones to start the initiative) in the simplest way possible because there are people who always have the wrong idea about Bitcoin now that it's only getting more and more popular.
I agree with you. It either goes red light or green light, meaning it depends on how willing they are to learn and know. Moreover, it is better to teach older people who are already aware and have little knowledge about bitcoin technology, it says a lot as they are already interested and curious so it assures you that you are not wasting time and effort. Additionally, it will also be better if they already have knowledge on how to use technology that goes beyond the scope of using social media platforms like Facebook and Instagram.
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August 19, 2023, 04:37:55 PM
 #72

Bitcoin has captured the center of attention, especially with the younger generations showing keen interest in it. Yet, there are those who believe that teaching older individuals about it might not be a wise investment of time. However, we must ponder: does it carry value? This conversation revolves around the question of whether it's worthwhile to educate older generations about bitcoin.

And who says that the older generation is not worth learning about bitcoin and about cryptocurrency in general. Do you mean ordinary people or some influencer.
There are different types of older people. Someone is able to perceive such information, someone is not. It's all individual
I think that of course it is worth teaching any people, including people at an older age, but the main thing is that the person himself wants this and not force him or not impose it. The person himself should be interested

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August 19, 2023, 04:51:11 PM
 #73

Bitcoin has captured the center of attention, especially with the younger generations showing keen interest in it. Yet, there are those who believe that teaching older individuals about it might not be a wise investment of time. However, we must ponder: does it carry value? This conversation revolves around the question of whether it's worthwhile to educate older generations about bitcoin.
Direct to your question; I wouldn't say it is not worthwhile but the turnaround for bitcoin won't be so bright compared to using those time on educating the younger generation about bitcoin. The future is a  digital asset future and bitcoin as a digital asset should be more focused on those under the ages of the future that's ahead, that's the only way a rapid adoption will flow. Am not saying the older generation doesn't count with bitcoin obviously they're an added bonus in the adoption but more enticing would be with the younger generation.
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August 19, 2023, 04:58:40 PM
 #74

Bitcoin has captured the center of attention, especially with the younger generations showing keen interest in it. Yet, there are those who believe that teaching older individuals about it might not be a wise investment of time. However, we must ponder: does it carry value? This conversation revolves around the question of whether it's worthwhile to educate older generations about bitcoin.

There are many people whom we call older generation like our parents and our grand parents. If you're pointing out our parents as older generation than in that case they can be taught the concepts of Bitcoin and its working state without much effort, but if you want such concept to be learned and grasped by someone whom we may call grand parents then it would be a little bit difficult to teach such age group people about the value and importance of Bitcoin. The older people also deserve to get knowledge about Bitcoin and if someone convince them that the Bitcoin is a safe thing and a great asset for investors then they will most probably try to learn about it and invest some money into it.

There are many older people on this forum who are much more knowledgeable about Bitcoin than the younger ones. And, only that single thing proves that older people can also get knowledge about Bitcoin and can invest in it without any worries. Once the older people grasp the concept of Bitcoin then they will try their best to invest their savings into Bitcoin so that they could have a better future for themselves and also for their heirs. The older people are mostly financially strong and they can invest that money into Bitcoin to secure their future. I believe that it carries a lot of value to tell our parents and the older generation about Bitcoin and the changes it has gone through, it may be little difficult to make them invest in it, but if they get the concept of the thing then they will invest more eagerly than the young generation.

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August 19, 2023, 05:52:43 PM
 #75

This conversation revolves around the question of whether it's worthwhile to educate older generations about bitcoin.

Bitcoin doesn’t restrict any age from learning it; everyone can come to cryptocurrency and acquire the knowledge he or she wants. It is a wise decision if older ones even learn about bitcoin, and teaching them is not wasting your time because even now, many people are on the forum and they are old. Those people have the knowledge we younger ones do not have in the crypto space today. My reason is that those older ones came into crypto since the early years of bitcoin, and at that time they were minor people who adopted bitcoin, which made them learn about it quickly, and those who are yet to know about it can also use bitcoin as their investment, as many of the older ones now do not have where to invest. The only thing we can avoid when teaching them is that we shouldn't force anyone.

If they're over 40, luddites, and have to learn from the beginning, forget it; it's a waste of time. Let them find out for themselves.
I think that's still manageable if their age is around 40-50. But more than 50+ then I think that should be a waste of time. Anyway, yeah, these ages could really be wasting the time of someone who's going to teach them Bitcoin.
If they're curious and it keeps on ticking on them then they should be the one to start to realize and understand what Bitcoin is and if they can attain to take the risk that they are having with it.
Because if they can't, there's no age gap on this one. Someone who can risk will have to take risk and those that can't even the younger ones, they'll have to flee the market and ignore it.

I don’t know why you both point out a specific age at which they will not acquire the knowledge correctly. I hope you know that even someone who is less than 20 years old may not even understand what someone this age will understand quickly. This is a matter of interest. Whatever age you are, as long as you are ready to learn, why can’t they learn it? We have many people who are 50 or older, and these people are still going to school to get more knowledge or maybe looking for another qualification. What are you going to say about these people? Will you say they will not understand what they will teach there or what? So anyone of any age can come and learn, as long as they are ready to take the risk. It’s simple, and they will get to understand it. Normally, we need more people to adopt bitcoin.



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August 19, 2023, 06:33:27 PM
 #76

Old is gold. Haven't you heard of this? They have walked the earth more than the younger ones. They may understand things differently than we do. In some cases, because of their experiences, they leave us behind. So if you bring those together, both Bitcoin's technology and their experience, you can get the best result. But they need to be supportive of learning. Curiosity and a curious mind is the key to learning anything. If they are interested, then we can teach them quite easily. But if not, then it will surely be a waste of time. Many old guys are just relaxing in their old age and don't want to get involved in learning new things. So teaching them will be so much more challenging. Starting the process with them will be tough let alone teach them the full thing.

This is not only for the old people. Younger ones are the same too. So don't waste your time on people who are not interested. Also on those who are here to only make profits from Bitcoin. They are just pure waste of time. If you teach interested ones, even if they are unable to achieve something from it, it's an inner peace to teach them. So I would say, it depends on the person.
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August 19, 2023, 06:43:11 PM
 #77

If you can make a change it's always worth it. Even if out of 10 old people you try to teach about bitcoin 1 learns something and decides to get some, it's a success. Maybe they won't buy themselves but instead tell their children or grandchildren about it. It's important to spread the word and let people decide for themselves. This is how bitcoin is different from all the sects and schemes. You don't try to sell anything to these people, just tell them to do their own research because people who learn what bitcoin offers usually love it. It's just that it feels complicated at first and many people underestimate their abilities and think it's not for them because using a bank app is easier.

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August 19, 2023, 06:50:28 PM
 #78

If they're over 40, luddites, and have to learn from the beginning, forget it; it's a waste of time. Let them find out for themselves.
I think that's still manageable if their age is around 40-50. But more than 50+ then I think that should be a waste of time. Anyway, yeah, these ages could really be wasting the time of someone who's going to teach them Bitcoin.
If they're curious and it keeps on ticking on them then they should be the one to start to realize and understand what Bitcoin is and if they can attain to take the risk that they are having with it.
Because if they can't, there's no age gap on this one. Someone who can risk will have to take risk and those that can't even the younger ones, they'll have to flee the market and ignore it.
I don’t know why you both point out a specific age at which they will not acquire the knowledge correctly. I hope you know that even someone who is less than 20 years old may not even understand what someone this age will understand quickly. This is a matter of interest. Whatever age you are, as long as you are ready to learn, why can’t they learn it? We have many people who are 50 or older, and these people are still going to school to get more knowledge or maybe looking for another qualification. What are you going to say about these people? Will you say they will not understand what they will teach there or what? So anyone of any age can come and learn, as long as they are ready to take the risk. It’s simple, and they will get to understand it. Normally, we need more people to adopt bitcoin.
I agree with your opinion that age cannot limit someone's interest in learning what they want to know, including learning about crypto and Bitcoin.
I don't know, maybe according to them someone who is over 50 years old is old-fashioned and doesn't want to keep up with technological developments and maybe according to them people who are over 50 years old experience a setback in thinking because of their health and physical factors. But we can't generalize that everything is like that, in fact there are many people who are over 50 years old who are still thirsty for learning and knowledge and many are still following technological developments.
I think teaching someone from the older generation has several advantages, namely they have a more mature understanding and mindset. And I think it's worth it to teach the older generation about Bitcoin as long as they have the will to learn and as long as they are not seriously ill.
Because someone who is experiencing illness or health problems in my opinion is better not to give them much thought so as not to affect their health condition.

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August 19, 2023, 07:07:20 PM
 #79

Bitcoin has captured the center of attention, especially with the younger generations showing keen interest in it. Yet, there are those who believe that teaching older individuals about it might not be a wise investment of time. However, we must ponder: does it carry value? This conversation revolves around the question of whether it's worthwhile to educate older generations about bitcoin.
Nobody that is using Internet bitcoin have not captured it eye, bitcoin is a digital currency that have to deal with privacy and that is why people like investing with bitcoin, I have passion on bitcoin and that is why I did my business or include my physical business with bitcoin, its difficult before you will see somebody who is using Internet that will tell you that doesn't have passions on bitcoin investment, many people  I know love bitcoin and since they started investing in bitcoin they are making their profits because they know of bitcoin very well and that is why they are progressing, when you see people who invest in bitcoin now you will notice that some of them like to pass the knowledge of bitcoin to their children

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August 19, 2023, 07:46:14 PM
 #80

Keep in mind that getting older does not make something obsolete. Even merely suggesting that older generations shouldnt learn about bitcoin is to undervalue their capacity for comprehension and development.

Everyone may free themselves from the constraints of established financial institutions thanks to bitcoin, the exact embodiment of decentralized power. The kids are involved in a revolutionary movement, not a passing fad! We can learn from history that ignoring important changes in society systems only results in stagnation. Do you want to leave this movement unnoticed by an entire generation?

For the record, more of these "older people" have experienced revolutions and technological advancements than the majority of us do! Dismissing them is not simply rude; it also demonstrates narrow-mindedness. Embrace change. Embrace knowledge. Embrace EVERYONE in the march towards a decentralized future

Sometimes we see ourselves as if we know everything. In fact, experience is more important than many things in this life. Most older people have witnessed and adapted to many differences. We cannot claim that the elderly have never known or will learn about Bitcoin. I agree with you on this.

There are many threads on the forum saying they want to teach kids about bitcoin. As much as we care about children's understanding of Bitcoin, we should take care to explain it to the elderly. Bitcoin exists for all of us. Regardless of whether it is a child, young or old, we must move Bitcoin forward.

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