Is it worth it to teach older people about bitcoin technology?

[Falconer]

-snip-

if asked is it useful? of course teaching the older generation about bitcoin is very useful, especially now that there are many scam crypto projects out there in the name of bitcoin investment that can attract and trap the older generation. but the rejection of bitcoin will certainly always exist because not all older generations have an interest in being taught, especially when they believe more in the FUD that is spread about bitcoin out there, that is a wall that limits them from being able to be taught about what bitcoin is, its function and also the benefits for the future.

It all depends on the age of the client you are teaching and how knowledgeable they are about technology. To be honest, 8 out of 10 people I meet in my area who are over 60 years old don't care anymore about technological developments and can't even take advantage of it. But of course these things might be useful in developing countries where most of the population is already tech-savvy.

I'm not going to be a part of this idea, but if someone comes to me and asks about bitcoin, then I'll do my best to try to explain it to them. Despite its age, I still think bitcoin is a great idea to spread around.

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[Raflesia]

It’s like we are talking of our parents here. I don’t think they’re worthless to teach because first, they’re capable to invest because they have stable income. And second, they don’t have to dwell deeply in bitcoin. As long as they’ll understand the basics about bitcoin, and how to invest in it with patience because it’s a long term investment, then for sure they won’t keep losing either. Bitcoin as a currency will be easier to taught by then once they’ll be exposed about bitcoin as an investment first.

I think when it comes down to it and the context is learning then it's not wrong to teach older people about bitcoin because at the end of the day it's not leading them to investment but just teaching regardless of whether they're going to be here or not that's for them to decide for themselves.
Remember, bitcoin has no limits and anyone who wants to learn then do it because it is individual freedom even in this case we also have many parents who are even older than we imagine to be in bitcoin and in this forum there are also some people who are even older but can still contribute and discuss about renewable technology such as bitcoin which is very worthy of appreciation.

Bitcoin is for everybody and does not have an age boundary. However, older people shouldn't be forced to invest in Bitcoin. In the UK there are a lot of older cryptocurrency investors who invested in their retirement funds but later became a victim of crypto scammers, if they were taught about the safety aspect or how to secure their investment in BTC I believe they won't be victims of crypto scammer.

The initial context is teaching not forcing investing in bitcoin and it is also clear when looking at the title that the discussion is teaching so that with conditions like this I still agree with teaching even if it is parents if they are interested in learning in bitcoin.
It will be a different story if indeed the goal is to force because we are also aware that things like this must come from self-awareness and understanding to be comfortable being and investing without any element of coercion and pressure from other parties.
On the other hand, this also applies not only to parents but all new people because we are free to determine our own destiny but never determine the fate of others by coercion just because bitcoin adoption wants to increase. I will oppose when coercion exists but when the context is to teach the older ones (if they are interested in learning bitcoin) then I strongly agree.

[suzanne5223]

It’s like we are talking of our parents here. I don’t think they’re worthless to teach because first, they’re capable to invest because they have stable income. And second, they don’t have to dwell deeply in bitcoin. As long as they’ll understand the basics about bitcoin, and how to invest in it with patience because it’s a long term investment, then for sure they won’t keep losing either. Bitcoin as a currency will be easier to taught by then once they’ll be exposed about bitcoin as an investment first.

I think when it comes down to it and the context is learning then it's not wrong to teach older people about bitcoin because at the end of the day it's not leading them to investment but just teaching regardless of whether they're going to be here or not that's for them to decide for themselves.
Remember, bitcoin has no limits and anyone who wants to learn then do it because it is individual freedom even in this case we also have many parents who are even older than we imagine to be in bitcoin and in this forum there are also some people who are even older but can still contribute and discuss about renewable technology such as bitcoin which is very worthy of appreciation.

Bitcoin is for everybody and does not have an age boundary. However, older people shouldn't be forced to invest in Bitcoin. In the UK there are a lot of older cryptocurrency investors who invested in their retirement funds but later became a victim of crypto scammers, if they were taught about the safety aspect or how to secure their investment in BTC I believe they won't be victims of crypto scammer.

The initial context is teaching not forcing investing in bitcoin and it is also clear when looking at the title that the discussion is teaching so that with conditions like this I still agree with teaching even if it is parents if they are interested in learning in bitcoin.

Yes, the topic was about teaching older people about BTC but I mentioned the word forcing people to invest in BTC due to the passion surrounding people most newbies that are joining the market after learning about BTC, and from my understanding people are interested in learning about BTC last year are the newbie we have in this year market.

It will be a different story if indeed the goal is to force because we are also aware that things like this must come from self-awareness and understanding to be comfortable being and investing without any element of coercion and pressure from other parties.

I guess you don't understand what I mean when I say force. There are different of forcing people to do something either by action or through hype words which will literally tease the person into doing what she wants through the use of the person's weaknesses.

[Uruhara]

Bitcoin is a TERRIBLE choice for anyone nearing or in retirement. You simply don't have the time or income to recover. I think a number of no more than 5% of portfolio tops on a good day. If it gets rowdy and jumps up move the money into more secure positions. I have alot of friends who lost their asses on "sure things" in retirement. I had a friend go into retirement from an airline and he had his investments in the airline too, company man. Company folded along with his pension and stock. Don't get greedy in retirement portfolios as you age, ever.

If you young sure play with it, don't make it you only thing.

Well we have to take lessons from every story and experience that happens to the people around us. And related to investing in retirement is quite risky. Because at that age it is already not a productive age in making money. In retirement, we just have to enjoy more time with our family and do any hobbies that were delayed when we were young because when we were young, sometimes we were too busy working. But in the world of investment do not know the young and young. It's just the portion that must be regulated. And never invest in one area. Because we don't know which areas will really give us an advantage. So investing in a lot of things is much better at this.

[Ale88]

Bitcoin is a TERRIBLE choice for anyone nearing or in retirement. You simply don't have the time or income to recover. I think a number of no more than 5% of portfolio tops on a good day. If it gets rowdy and jumps up move the money into more secure positions. I have alot of friends who lost their asses on "sure things" in retirement. I had a friend go into retirement from an airline and he had his investments in the airline too, company man. Company folded along with his pension and stock. Don't get greedy in retirement portfolios as you age, ever.

If you young sure play with it, don't make it you only thing.

As always, it depends on your financial situation: if you have a decent amount of money then investing in bitcoin, especially now that is more than 50% below its previous ATH with the halving in less than 1 year, it could really turn out very well. You are worried about the time, if you retire in your 60s potentially you have other 20 years of life, that means other 5 halvings, I would say that there is plenty of time because 1 halving is more than enough.

[radjie]

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 freedom for anyone who uses it, the age factor certainly won't affect it.  But providing knowledge to elderly people will certainly have many obstacles, lack of internet-based knowledge is certainly the main factor. For the middle to lower class, the average elderly person doesn't really care about internet-based technology, they prefer the real life around it. One of them by way of real investment or trade

[Blitzboy]

It’s like we are talking of our parents here. I don’t think they’re worthless to teach because first, they’re capable to invest because they have stable income. And second, they don’t have to dwell deeply in bitcoin. As long as they’ll understand the basics about bitcoin, and how to invest in it with patience because it’s a long term investment, then for sure they won’t keep losing either. Bitcoin as a currency will be easier to taught by then once they’ll be exposed about bitcoin as an investment first.

I think when it comes down to it and the context is learning then it's not wrong to teach older people about bitcoin because at the end of the day it's not leading them to investment but just teaching regardless of whether they're going to be here or not that's for them to decide for themselves.
Remember, bitcoin has no limits and anyone who wants to learn then do it because it is individual freedom even in this case we also have many parents who are even older than we imagine to be in bitcoin and in this forum there are also some people who are even older but can still contribute and discuss about renewable technology such as bitcoin which is very worthy of appreciation.

Bitcoin is for everybody and does not have an age boundary. However, older people shouldn't be forced to invest in Bitcoin. In the UK there are a lot of older cryptocurrency investors who invested in their retirement funds but later became a victim of crypto scammers, if they were taught about the safety aspect or how to secure their investment in BTC I believe they won't be victims of crypto scammer.

The initial context is teaching not forcing investing in bitcoin and it is also clear when looking at the title that the discussion is teaching so that with conditions like this I still agree with teaching even if it is parents if they are interested in learning in bitcoin.
It will be a different story if indeed the goal is to force because we are also aware that things like this must come from self-awareness and understanding to be comfortable being and investing without any element of coercion and pressure from other parties.
On the other hand, this also applies not only to parents but all new people because we are free to determine our own destiny but never determine the fate of others by coercion just because bitcoin adoption wants to increase. I will oppose when coercion exists but when the context is to teach the older ones (if they are interested in learning bitcoin) then I strongly agree.

Bitcoin's a new chapter in our tale, a blip on the timeline. Lets treat it that way.

I cannot overstate the importance of education. As you noted, knowledge should never be forced. Seek, embrace, and share it freely. Shoving ideas down someone's throat, whether about Bitcoin or anything else, always backfires. Its Digital Age 101!

Cant agree more about parents and novices. Coercion wont help people understand and use Bitcoin. By providing facts, setting the stage, and letting curiosity work. If we press too hard, we risk becoming evangelists for a cause people distrust. You should be commended for promoting education without coercion!

[Lorence.xD]

-snip-

if asked is it useful? of course teaching the older generation about bitcoin is very useful, especially now that there are many scam crypto projects out there in the name of bitcoin investment that can attract and trap the older generation. but the rejection of bitcoin will certainly always exist because not all older generations have an interest in being taught, especially when they believe more in the FUD that is spread about bitcoin out there, that is a wall that limits them from being able to be taught about what bitcoin is, its function and also the benefits for the future.

It all depends on the age of the client you are teaching and how knowledgeable they are about technology. To be honest, 8 out of 10 people I meet in my area who are over 60 years old don't care anymore about technological developments and can't even take advantage of it. But of course these things might be useful in developing countries where most of the population is already tech-savvy.

I'm not going to be a part of this idea, but if someone comes to me and asks about bitcoin, then I'll do my best to try to explain it to them. Despite its age, I still think bitcoin is a great idea to spread around.

Still from your 8 out of 10 people there's still people who would like to learn new technology just for them to keep up on the new generation. Also maybe it would literally depends on the country or the environment of those old people. Cause here in my country in PH, you could still see some old people especially in the urban area, where they are aware on technology and they use it. I think environment has a big factor for them to learn new tech, since almost everything and everywhere they could see a lot of technology so they are trying to have knowledge about it.

[adzino]

Of course it is worth teaching older people about bitcoin technology. I mean not how it works or the technical aspects behind them, but how to use them as a regular currency for making day to day transaction or how to keep your wallet secure and safe when investing and holding for long term. Not sure how old you mean when you say "older people" but age shouldn't matter. If you want bitcoin to be a global currency and adopted by everyone, then each and everyone should know how to use it. Would bitcoin be considered a global currency if the older people doesn't know how to use it?

[CageMabok]

Bitcoin has freedom for anyone who uses it, the age factor certainly won't affect it.  But providing knowledge to elderly people will certainly have many obstacles, lack of internet-based knowledge is certainly the main factor. For the middle to lower class, the average elderly person doesn't really care about internet-based technology, they prefer the real life around it. One of them by way of real investment or trade

Matters or knowledge related to technology and the internet are indeed not for the elderly who generally do not have basic knowledge about it, because technological knowledge related to the internet is more suitable for young children whose learning period is still there and also want to develop themselves to be able to start any business they like. So someone who wants to become a teacher of something must also see how the condition of his students is so that he knows what is more needed by a student whose age is very different from most children at school.

And of course it will never be the same for those who have learned a lot about Bitcoin and the internet in their youth, because those who are elderly with more knowledge in their heads can of course still continue to invest in Bitcoin as long as they are still able to maintain their own assets. Well, this is clearly different from the elderly who still don't know anything about the internet and Bitcoin so they prefer real investment or trading as you said.

[Yamifoud]

Of course it is worth teaching older people about bitcoin technology. I mean not how it works or the technical aspects behind them, but how to use them as a regular currency for making day to day transaction or how to keep your wallet secure and safe when investing and holding for long term. Not sure how old you mean when you say "older people" but age shouldn't matter. If you want bitcoin to be a global currency and adopted by everyone, then each and everyone should know how to use it. Would bitcoin be considered a global currency if the older people doesn't know how to use it?

As long as they have interest and are still capable enough to understand how this works, it was good to go. But yes, we can't assure that everything went so well after teaching as they can't still remember all the lectures and teaching that we made. It was very important that there is someone who could assist or accompany them if ever they invest just to make sure that they are - using the right wallet, the right site, and of course, if they keep the private keys safely.

[Raflesia]

The initial context is teaching not forcing investing in bitcoin and it is also clear when looking at the title that the discussion is teaching so that with conditions like this I still agree with teaching even if it is parents if they are interested in learning in bitcoin.
It will be a different story if indeed the goal is to force because we are also aware that things like this must come from self-awareness and understanding to be comfortable being and investing without any element of coercion and pressure from other parties.
On the other hand, this also applies not only to parents but all new people because we are free to determine our own destiny but never determine the fate of others by coercion just because bitcoin adoption wants to increase. I will oppose when coercion exists but when the context is to teach the older ones (if they are interested in learning bitcoin) then I strongly agree.

Bitcoin's a new chapter in our tale, a blip on the timeline. Lets treat it that way.

I cannot overstate the importance of education. As you noted, knowledge should never be forced. Seek, embrace, and share it freely. Shoving ideas down someone's throat, whether about Bitcoin or anything else, always backfires. Its Digital Age 101!

Cant agree more about parents and novices. Coercion wont help people understand and use Bitcoin. By providing facts, setting the stage, and letting curiosity work. If we press too hard, we risk becoming evangelists for a cause people distrust. You should be commended for promoting education without coercion!

This is the point because in the end we only have to focus on what we do and what contributions we build to make us comfortable being in bitcoin as for other people when they want the same thing it is not wrong to just exchange thoughts so that we become someone who is not wrong to be in bitcoin because not all who are in bitcoin also think right.

As for when imposing our will on others there is actually no benefit for us to do something like that so as to provide teaching when there are people who need it then do it but don't make them seem as if they are carried away because of coercion because in the end this depends on your own thoughts whether you want to be in bitcoin or not.

It will be a different story if indeed the goal is to force because we are also aware that things like this must come from self-awareness and understanding to be comfortable being and investing without any element of coercion and pressure from other parties.

I guess you don't understand what I mean when I say force. There are different of forcing people to do something either by action or through hype words which will literally tease the person into doing what she wants through the use of the person's weaknesses.

Even if what you say is true because understanding is not only about verbal but on the other hand when someone's choice is made isn't there no coercion there because the decision is in your own hands whether you want to be in bitcoin with all the risks or not.

On the other hand, this is also a reminder for those of us who are trying to teach others not to only say good things about bitcoin because in the proof we are in bitcoin is not always good because there are many risks and processes that we have to accept so that with that we have to provide understanding from the beginning even with the worst possibilities so that new people or beginners do not think about things from the positive side but from the negative side as well.

[lalabotax]

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.

In my opinion, whatever it is, as long as it's a good thing, there won't be a problem and it doesn't have to be measured whether it's worth it or not when we teach something new to someone, even if it's older people. At least, we have tried to share knowledge. We may be surprised by their various responses. Some might consider it a passing wind and not be interested at all because of their mindset. but there are also those who are open minded and can or are able to relate to Bitcoin. But on the other hand, there are also those who are open minded, but they are unable to operate with technology because of their limitations or indeed their abilities in the field of technology. This can happen. but what is certain is, there is no bad in spreading good things like this Bitcoin to anyone at any time.

[Smartgoat]

I think is yes for me. if it's old people who are interested to know and invest as well. but if it's old once who can not do anything about teaching them, I think it's no. because you are passing a knowledge that can not yield any fruit.

[WatChe]

It all depends on the age of the client you are teaching and how knowledgeable they are about technology. To be honest, 8 out of 10 people I meet in my area who are over 60 years old don't care anymore about technological developments and can't even take advantage of it. But of course these things might be useful in developing countries where most of the population is already tech-savvy.

I'm not going to be a part of this idea, but if someone comes to me and asks about bitcoin, then I'll do my best to try to explain it to them. Despite its age, I still think bitcoin is a great idea to spread around.

If we want to take Bitcoin to global adoption level then yes we have to tech elderly guys about Bitcoin. They can ignore the core technological aspect of Bitcoin and may focus on Bitcoin from adoption or investment perspective. In developed countries like USA and EU elderly people do have necessary tech knowledge to have basic understanding to Bitcoin but in underdeveloped regions like South Asia it will be challenging for older people to understand Bitcoin.   

[dothebeats]

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.

In my opinion, whatever it is, as long as it's a good thing, there won't be a problem and it doesn't have to be measured whether it's worth it or not when we teach something new to someone, even if it's older people. At least, we have tried to share knowledge. We may be surprised by their various responses. Some might consider it a passing wind and not be interested at all because of their mindset. but there are also those who are open minded and can or are able to relate to Bitcoin. But on the other hand, there are also those who are open minded, but they are unable to operate with technology because of their limitations or indeed their abilities in the field of technology. This can happen. but what is certain is, there is no bad in spreading good things like this Bitcoin to anyone at any time.

Well, there is still a bad thing, especially if you share it with someone you are not so familiar with and you do not 100% trust. Sharing information about Bitcoin gives people the idea that you have Bitcoin and investments, which means money, and sometimes it is dangerous to let other people know you have money. What I'm saying is that it is better to still be careful and aware of who you are sharing information and ideas with.

[Dimitri94]

Of course it is worth teaching older people about bitcoin technology. I mean not how it works or the technical aspects behind them, but how to use them as a regular currency for making day to day transaction or how to keep your wallet secure and safe when investing and holding for long term. Not sure how old you mean when you say "older people" but age shouldn't matter. If you want bitcoin to be a global currency and adopted by everyone, then each and everyone should know how to use it. Would bitcoin be considered a global currency if the older people doesn't know how to use it?

As long as they have interest and are still capable enough to understand how this works, it was good to go. But yes, we can't assure that everything went so well after teaching as they can't still remember all the lectures and teaching that we made. It was very important that there is someone who could assist or accompany them if ever they invest just to make sure that they are - using the right wallet, the right site, and of course, if they keep the private keys safely.

There is no age restriction to learn about Bitcoin. People of any age can learn about Bitcoin. In various surveys have shown that adults (18-40) are the fastest adopters of Bitcoin. They believe that Bitcoin will gain more adoption in the coming days. A large part of them think that it is possible to own a lot of wealth in a short period of time by adopting Bitcoin. But some of them think that it is possible to get the desired result in 10 years from investment. But for those who are older, it will be hard to believe at first but those who are familiar with the technology will definitely take this issue positively. There are many seniors who have adopted Bitcoin as an invaluable asset in their lives.

[3kpk3]

It depends op. Some old people aren't really interested in cryptocurrencies and related technologies which is why trying to teach them is a fruitless endeavour if you ask me.

On the other hand, some old people are open to learning about them which is why it would be worth teaching them.

[Blitzboy]

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.

In my opinion, whatever it is, as long as it's a good thing, there won't be a problem and it doesn't have to be measured whether it's worth it or not when we teach something new to someone, even if it's older people. At least, we have tried to share knowledge. We may be surprised by their various responses. Some might consider it a passing wind and not be interested at all because of their mindset. but there are also those who are open minded and can or are able to relate to Bitcoin. But on the other hand, there are also those who are open minded, but they are unable to operate with technology because of their limitations or indeed their abilities in the field of technology. This can happen. but what is certain is, there is no bad in spreading good things like this Bitcoin to anyone at any time.

True, disseminating knowledge is like releasing a mixtape: some will enjoy it, while others will not. Similar to the time I attempted to teach Uncle Joe how to use an iPad. That was quite the adventure... Then Bitcoin? Wow, that's on an entirely different level.

Even if some members of the elder generation view it as "just another trend," others may view it as the future. Who could possibly blame them? Bitcoin is comparable to the interesting, unpredictable party guest that everyone wants to hang out with. But Im not going to lie, the technical aspect can be difficult for some. Its all fine, nonetheless. Nobody was destined to be a technologist.

However, spreading Bitcoin affection is analogous to sharing my favourite playlist. Others will not be able to get into the rhythm. However, at least we tried, correct?