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Author Topic: Is it worth it to teach older people about bitcoin technology?  (Read 1074 times)
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August 22, 2023, 02:51:00 PM
 #141

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 has become very popular day by day especially among the new generation. When you see the younger generations keeping themselves busy with bitcoin and being successful with it, some of the older people are showing interest in bitcoin. If he wants to invest in Bitcoin, keeping in mind the risk that Bitcoin carries, he can certainly do so. I think an older man has seen both failure and success in his life so it can be said that he can find success in Bitcoin.

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August 22, 2023, 03:44:30 PM
 #142

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 has become very popular day by day especially among the new generation. When you see the younger generations keeping themselves busy with bitcoin and being successful with it, some of the older people are showing interest in bitcoin. If he wants to invest in Bitcoin, keeping in mind the risk that Bitcoin carries, he can certainly do so. I think an older man has seen both failure and success in his life so it can be said that he can find success in Bitcoin.
It depends on the position of the old man you mean, if he has a passive income from his assets I think he will prefer not to take the risk of generating profits from Bitcoin, however young people around him benefit from Bitcoin. Usually people who are old and understand the economy he prefers his assets in real estate from most parents who meet, they prefer land, other properties that can be rented, because the average parent is not interested in the frenetic world with wealth, Most of them prefer calm in their old age.

And again explaining Bitcoin to parents is very difficult because they are usually technological stuttering, and they will not be easy to believe, except the old man who is still greedy about the world.

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August 22, 2023, 03:58:27 PM
 #143

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 certainly carries a value, but its value is never stable.  And since older people have very little knowledge about technology, they will not be interested in Bitcoin very easily. If you tell older people about the benefits of Bitcoin, they might be interested in investing here, but they can't afford the losses. So I don't think it would be very logical to educate older people about Bitcoin.  It would be better if the youth get more knowledge about Bitcoin then Bitcoin will automatically spread to the next generation.

I disagree with what you say. Even our forum has some older people and they are still investing bitcoin, they are even more active than young people. Did you know Jet Cash, an 80+ year old investor on our forum?

I don't deny that young people have more advantages when it comes to technology and bitcoin. But that doesn't mean we should remove the elderly from bitcoin because they are still part of our world. One more thing, not all young people love bitcoin, I have a few friends who even hate bitcoin and doubt it. Don't look down on the old and overestimate the young, even though I'm a young person too but I don't think this notion is correct.



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August 22, 2023, 04:07:32 PM
 #144

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 is for all ages, not only the youths, the person that introduced me to bitcoin was not too much of a young person per say but was somebody that was interested in innovation and new ideology.
The youths are at the centre of it all today, because they are the present young people of this generation hence they will be prone to the activities of their generation which bitcoin is one of it.
So there are lots of older people that have the technical know-how of bitcoin, the inventor of bitcoin as well, is not too much of a young person, so it then means, members of his age range knows a thing or two about bitcoin and the Geographical location of the old person too is also a plays a key factor too.

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August 22, 2023, 04:21:34 PM
 #145

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.
Actually teaching Bitcoin to older people is very difficult, because they will not understand Bitcoin easily. Those who are educated may be able to understand easily if explained well. Investing Bitcoin is risky, if older people invest in Bitcoin it will be more risky. If an elderly person loses money by investing in Bitcoin, he or she may have a heart attack. If you are trying to teach bitcoin to older people, be sure to discuss the risks with them first. And teaching Bitcoin to older people should be taught over a long period of time.

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August 22, 2023, 04:23:23 PM
 #146

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 has become very popular day by day especially among the new generation. When you see the younger generations keeping themselves busy with bitcoin and being successful with it, some of the older people are showing interest in bitcoin. If he wants to invest in Bitcoin, keeping in mind the risk that Bitcoin carries, he can certainly do so. I think an older man has seen both failure and success in his life so it can be said that he can find success in Bitcoin.
It depends on the position of the old man you mean, if he has a passive income from his assets I think he will prefer not to take the risk of generating profits from Bitcoin, however young people around him benefit from Bitcoin. Usually people who are old and understand the economy he prefers his assets in real estate from most parents who meet, they prefer land, other properties that can be rented, because the average parent is not interested in the frenetic world with wealth, Most of them prefer calm in their old age.

And again explaining Bitcoin to parents is very difficult because they are usually technological stuttering, and they will not be easy to believe, except the old man who is still greedy about the world.
An issue for old people can be the fact they may not wait the so called long term until their Bitcoin investments bear fruits, due to their advanced age. Elders should be more concerned regards enjoying life and spending money they achieved along the decades than focusing in investments. After all, money is useless after life, so we have to make use of it before it's too late.

An old person investing in BTC must be aware about the possibility he may not be doing this exactly for himself, but thinking on his family: sons, grandchildren and so on...

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August 22, 2023, 05:18:23 PM
 #147

If the young children were not exempted from learning bitcoin then the old also must be included in the opportunity, bitcoin is for everyone as long as there's willingness with a desiring heart for it adoption, what may only be the little challenge is the way it will be taught on this specific senior citizens, how fast can they learn and assimilate, how many people will develop interest in learning, if all these can be taken care of, there's nothing stopping the old ones from using bitcoin.



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Mame89
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August 22, 2023, 05:57:03 PM
 #148

Bitcoin certainly carries a value, but its value is never stable.  And since older people have very little knowledge about technology, they will not be interested in Bitcoin very easily. If you tell older people about the benefits of Bitcoin, they might be interested in investing here, but they can't afford the losses. So I don't think it would be very logical to educate older people about Bitcoin.  It would be better if the youth get more knowledge about Bitcoin then Bitcoin will automatically spread to the next generation.
Kinda agree with you that it is very dangerous to teach parents about bitcoin because parents are computer illiterate and this technology it would be funny to invest in bitcoin, because it is funny to see them confused and helpless later on. Because as you said, bitcoin does have a high value and its value is not stable. And parents are not necessarily ready to invest in bitcoin with the risks involved. It is better to educate the younger generation than the parents, because educating the younger generation is easier and this will be passed on to the next generation.

Moreover, elderly parents will be very at risk, because most parents become forgetful. Of course it will be very dangerous if you save bitcoins, because we know that if you store bitcoins it is not safe, then the bitcoins will be lost.

R


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Agbe
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August 22, 2023, 10:12:26 PM
 #149

Older people know more about Bitcoin because older people already know about Bitcoin, while young people are learning more about Bitcoin.  Today's youth are also becoming very interested and are starting to invest in Bitcoin.  As time goes on the youth will become more and more interested, a day will come when the youth will not understand anything about money and all lending will be through Bitcoin.  All kinds of things will be bought and sold through Bitcoin. 
Which of the older people are you taking about, is the age ones or the average ones. As for me I was talking about the age ones and I know that they don't know what is bitcoin and I am telling you the experience I have in my locality. And the people that are very good cryptocurrency activities are the teens, the youths and the average adult from 30 to 60. And those who are 70 and above are not really conversant with bitcoin but just few of 1% know bitcoin so it left for the youth and the average adult to teach these old people about bitcoin. The older people are the retired category of people and they have money to invest so we are to tell them about bitcoin.
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August 23, 2023, 12:18:15 AM
 #150

I think once you open your mind, age stops being a factor.
Sure you need to do more to halt decay but still your mind keeps you young. Maturity also has the benefit of experience. A plus in credibility, so to say.
Actually, nowadays, age is not a barrier for everyone who still wants to work without relying on the power of their own bodies. Because as long as someone is still able to think clearly and wisely and is still able to see opportunities to be exploited, I think that kind of person can still work in the market and also in the investment space which does not require manpower like laborers. So don't be surprised if people who are old are still able to invest like young people do nowadays, because Bitcoin and any technology don't see a user from the perspective of the user's age.

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August 23, 2023, 03:18:42 AM
 #151

I think once you open your mind, age stops being a factor.
Sure you need to do more to halt decay but still your mind keeps you young. Maturity also has the benefit of experience. A plus in credibility, so to say.
Actually, nowadays, age is not a barrier for everyone who still wants to work without relying on the power of their own bodies. Because as long as someone is still able to think clearly and wisely and is still able to see opportunities to be exploited, I think that kind of person can still work in the market and also in the investment space which does not require manpower like laborers. So don't be surprised if people who are old are still able to invest like young people do nowadays, because Bitcoin and any technology don't see a user from the perspective of the user's age.

Age is indeed a barrier when it comes to manual jobs, but when it comes to lighter jobs, age is clearly not a big deal. In my opinion, as long as anyone shows an interest in bitcoin whether it is technology or profit, there is a right to know about bitcoin, and we should not look down on anyone.

Honestly, when it comes to work and socializing, I prefer older people because they are more mature and make more assertive decisions. Unlike young people, they have health and enthusiasm but sometimes indecisive and inexperienced.

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August 23, 2023, 07:09:36 AM
 #152

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.
why making it an issue or having some trouble teaching older generation while youngsters are not? because they are more involved in computer and internet?

for me , indeed that the young might be showing interest in bitcoin now , but once the older generation understand its value? for sure they are the one who will truly invest and not just to show interests.

lets help older to have better understanding even if this took harder for them.

if I am to decide? I will teach all of them , from very young to very old humans because this is what crypto needs to be explored and advertised .

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August 23, 2023, 07:58:01 AM
 #153

Age is indeed a barrier when it comes to manual jobs, but when it comes to lighter jobs, age is clearly not a big deal. In my opinion, as long as anyone shows an interest in bitcoin whether it is technology or profit, there is a right to know about bitcoin, and we should not look down on anyone.

Honestly, when it comes to work and socializing, I prefer older people because they are more mature and make more assertive decisions. Unlike young people, they have health and enthusiasm but sometimes indecisive and inexperienced.

I think realistically. There's nothing wrong with teaching older people about the crypto world and blockchain. Parents in their 30s and 40s tend to learn new things easily. Not a few of us see that at that age a person has reached the peak of maturity psychologically, which means if they are curious and willing to learn, we can accept it and teach them.

However, I think a little differently for those who are 60 years old or older. Indeed, some of them serve as an example that age is just a number, but you need to know that the probability of an old person learning something new is very small, even close to impossible. Unless they know more or less about the internet. So it can't be applied to everyone.

R


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August 23, 2023, 08:25:29 AM
 #154

If the young children were not exempted from learning bitcoin then the old also must be included in the opportunity, bitcoin is for everyone as long as there's willingness with a desiring heart for it adoption, what may only be the little challenge is the way it will be taught on this specific senior citizens, how fast can they learn and assimilate, how many people will develop interest in learning, if all these can be taken care of, there's nothing stopping the old ones from using bitcoin.

I don't actually argue the fact that Bitcoin is for everyone but I feel age is also to be considered very old people are always having one health challenge or the other, and we don't expect them o worry about themselves and start worrying about Bitcoin and we all know what investing in bitcoin entails, to me they should, should be resting and eating well when I get old I would like to rest and take proper care of my self and my health, for me that has the idea of bicoin is a plus but old people at there memory is getting weaker and they tend to forget things quickly, I would not be old and sill be stressing my brain Grin.  and even teaching them also is hard work, bro

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August 23, 2023, 08:33:12 AM
 #155

Age is sometimes a big factor in learning about Bitcoin. If we try to make a very poor person experienced in bitcoin, we will never succeed because after a certain age our brains stop working, so no matter how hard we try, we will never succeed in our task. If the age range is between 50 to 60 years and they have a good understanding of technology then we can be successful in getting them experienced about Bitcoin but we need to spend a lot of time there. We can easily introduce Bitcoin to senior citizens who are already involved in technology related jobs but teaching Bitcoin to those who have no idea about technology will be very challenging.

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August 23, 2023, 08:45:46 AM
 #156

If the young children were not exempted from learning bitcoin then the old also must be included in the opportunity, bitcoin is for everyone as long as there's willingness with a desiring heart for it adoption, what may only be the little challenge is the way it will be taught on this specific senior citizens, how fast can they learn and assimilate, how many people will develop interest in learning, if all these can be taken care of, there's nothing stopping the old ones from using bitcoin.

I don't actually argue the fact that Bitcoin is for everyone but I feel age is also to be considered very old people are always having one health challenge or the other, and we don't expect them o worry about themselves and start worrying about Bitcoin and we all know what investing in bitcoin entails, to me they should, should be resting and eating well when I get old I would like to rest and take proper care of my self and my health, for me that has the idea of bicoin is a plus but old people at there memory is getting weaker and they tend to forget things quickly, I would not be old and sill be stressing my brain Grin.  and even teaching them also is hard work, bro
It all depends, old or very old if they are serious and want to learn about Bitcoin why not. Getting involved with Bitcoin does not put their health at risk or stress them out, the most important thing is that they understand Bitcoin and can afford it for whatever money they can afford to lose.
owning Bitcoin would not be a burden, very old people only buy Bitcoin when the price is low and keep it long term. And I think in a year or two, the Bitcoin price will definitely go up and surpass the previous buy price and that's an opportunity to sell it without waiting years.
So Bitcoin is for everyone regardless of age, and as long as they want it and are willing to learn about it, they are eligible to get involved.

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August 23, 2023, 08:49:30 AM
 #157

Yes of course. But it is actually on a case to cases basis. Older people with less interest in technology are the hardest to teach. My father is interested in investing but is not into technology and the internet except Youtube and Facebook. Until now he still did not understand what bitcoin is about. So I also explain to him a bit if he asks. I am managing some of his investments in stocks which he understands a little since those companies with stocks are tangible like banks, food companies, real estate, and the telecommunication industry.

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August 23, 2023, 08:58:27 AM
 #158

Bitcoin has become very popular day by day especially among the new generation. When you see the younger generations keeping themselves busy with bitcoin and being successful with it, some of the older people are showing interest in bitcoin. If he wants to invest in Bitcoin, keeping in mind the risk that Bitcoin carries, he can certainly do so. I think an older man has seen both failure and success in his life so it can be said that he can find success in Bitcoin.
What I can notice is that this new generation from boys to girls are more interested than older people. But if any older person wants to know about Bitcoin or invest, we explain to them how inclined they are to invest in Bitcoin and then advise them to invest.It will be good. Because if an old man loses all the money after investing, he may not be able to bear the pain of losing such a huge amount. So he should be advised to invest after telling all the words.


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flyingcarpet
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August 23, 2023, 12:06:24 PM
 #159

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.

Older people have certain habits that have been going on for years. It is difficult to change a person's investment habits. Because he must first trust what he will invest in. Establishing this trust is not easy.

A generation that grew up with technology knows and invests in bitcoin. Not all seniors, but many, are hesitant to invest in bitcoin because they are not used to investing in a digital environment. It's really hard to change these habits. At least that's the case for those around me.
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August 23, 2023, 06:26:25 PM
 #160

Bitcoin is a center of attraction now, to me, it doesn't matter who is involved, what matters is the individual interest, the interested audience should be carried along, but on contrary the younger generation should be the most target ones, because Bitcoin is a technology that needs sustainability, the future of this digital information and asset will perfectly be guaranteed, if the younger ones are been introduced to the system. But in all everyone is needed, because the more popular it becomes, the more investors it attracts.

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