Topic: Empowering youths can be the quickest route to crypto adoption (Read 285 times)

First part of the paragraph? Ok I'm trying to get what the OP is sharing to us.
Second Paragraph. I saw a company called "Bitget" that is being advertised. Ohhh men OP is just like one of those low rank members out there who are constantly promoting different projects thru posting a thread liks this.
Third Paragraph. I think I need to give my opinion.

I always believe that the youths will get involved with crypto because they're the ones that has the most access with gadgets that are being used to access crypto as well. I also believe that youths can learn fast as well. Do I like certain exchanges to help them engage into crypto? I guess so because that might help with the adoption of crypto in general. What I just don't like is in your thread, you're kind of promoting the exchange indirectly though the intention is good.

On the other hand though, I also believe that the exchange is just doing this for marketing, and their primary goal isn't to empower youths at first place, but to advertise their exchange towards the many.

In my personal opinion, to accelerate the spread or for the adoption of crypto currency globally, this kind of program will definitely affect the development of cryptocurrency adoption. Because you are right, that young people have more potential and their hopes are still long. So, if young people are given directions to enter the crypto field, indeed the potential to advance the realm of crypto currency will definitely be even greater.
But doing a program like that, in my opinion, is too complicated and difficult to reach young people as a whole. Because as we know, cryptocurrencies are still not approved by all countries (legally) and there are still many people who think cryptocurrencies are a nest of fraud. So actually if cryptocurrencies want to grow more rapidly, the main work to be done is to build a name for cryptocurrencies and remove all bad names related to crypto.

I'm sure, if all of that could be done by all investors in crypto, I'm sure there would be no need to do such programs to advance crypto currency. Because until now, actually crypto currency users continue to grow. It can be seen from new users in this forum, I see new users keep coming to enter this forum. It means that it is clear, with this fact it means that crypto currency users continue to grow and increase.


Crypto user data in 2022

Source: https://datareportal-com.translate.goog/reports/digital-2022-big-rise-in-cryptocurrency-ownership?_x_tr_sl=en&_x_tr_tl=id&_x_tr_hl=id&_x_tr_pto=tc

Crypto user data for 2023

Source: https://triple-a.io/crypto-ownership-data/

Nor even if they are participating on crypto still we doesn't have any guarantee thay it can fasten the adoption since there's still possibilities that crypto will get restricted if those youths will get scammed multiple times by those scammers since they are an easy target by them.

What I think the most fastest way towards crypto adoption is financial institutions and merchants adoption maybe from this we may have strong case for government to accept bitcoin or crypto to their country.

I'm sorry but I have to disagree in your points to involved the youth in crypto adoption. Of course, we wanted it to be known globally, but for me, it's not for everyone specially our young kids. Just let them enjoy their lives, although their parents can be a good influence if they are into crypto then maybe they can teach their child about it.

But to totally like teach them in the beginning about crypto? I doubt that they can grasp it right away. And on the contrary, it might back fire big time as they don't want to be force by something that they don't like at the start.

I agree with you but other sectors seem to be avoiding the promotion of cryptocurrency in different ways. Take for instance the Banking sector, they see cryptocurrency as a new competitor in the financial world and might are reluctant to provide information on a potential rival. I my own opinion, they should have been the best sector for the job. However, there is always an entry point into the Crypto space. Mine was when a friend introduced me to earning through spin bot faucets. Twas a crazy, time consuming adventure trying to accumulate faucets into reasonable amount to withdraw. But the excitement to earn a digital currency fueled my passion. I evolved into earning from Airdrops, then the use of exchanges, then investing in cryptocurrency to knowing about and storing my coin in non custodial wallet and holding the keys.

If exchanges chooses to play the role of educating the youths and the masses through their different programs, we can't invalidated their efforts. I am sure it will still translate to achieving the main goal of crypto adoption.

The exchange you mentioned did that to seek more exposure to their platform I think Binance did similar thing to other African countries, especially this was done In Nigeria to seek attention of the youth over their platform and they ended up making a nice catchy awareness to their platform. This is another good way of marketing strategies, any exchange that wants to embark on this type of awareness are all doing it to gain more people sign up on their platform, some of them would even launched an ambassadorial program to fully catch the attention of the youth, however the Crypto industry is clear open and one could learn to advanced himself without any exchange or project empowering the youths usually we know the attention of the youth are automatically driven to the crypto industry and digitalization this alone already gives rise toward the max adoption of cryptocurrency at large.

[quote/]
I think you have a good point here. We're already in the revolution era of information and so many people specifically youth are still living like we're in past age. The era we are enable people to actually have a career through tech including crypto,forex and all the rest. There should be sensitization and empowerment programs where youth, people can learn about these skills
It'll help improve the information age and also develop the livesof individual general cause empowerment leads to innovation.
[/quote]

Mass adoption would have been fast-tracked if every youth embraces crypto innovation using their smart phones like you said, but if you looked at the low adoption especially in the eligible countries they enlisted here https://www.bitget.com/support/articles/12560603795739
you’d think maybe more awareness needs to be done.

Young people are famous for their thinking power which is still good compared to the old thinking power. Young people are synonymous with stronger curiosity and are known as agents of change. The idea of accelerating crypto adoption by putting young people first is appropriate but they need to be targeted.
With various communities created that involve young people as activators in some of the available positive spaces, I'm sure they can do it if the implementation is carried out with full awareness.

Here you have directed the discussion towards promoting something that is not necessarily successful in achieving the goal of adopting crypto. You engage young people with the platform you want to promote. Therein lies the awkwardness of the ideas you convey for business purposes. Very often efforts like this will not succeed because of the principle of greater personal interest that you bring from the interests of the people who expect positive benefits.

I can see you are on this forum since 2015 which indicates you involved in crypto from a long time and you are my senior here too. You must have make good entries in BTC while it was of $200 only. I mean really, you could make that much BTC in just faucets. I tried my luck with faucets and every other free sites where i could earn in BTC back in 2018 but all i earnt is less than what i wasted on internet + time.
I know its not ethical to earn money that way and i should not promote such fake projects but i was a newbie too and was learning and slowly slowly i came to know which project is making fake promises and which is not (it doesn't mean i was right always about a project legitimacy). I mostly worked for some old managers which mostly comes up with good projects and out of those platform only few didn't fulfilled to complete there promises. (note* i am not talking about getting paid from mangers i am talking about those projects which unable to fulfill there promises that they made to investors.)

I have never been in a bounty campaign, but in my beginnings I was also inclined to experiment with various crypto projects, although my focus was always on Bitcoin. I can't say that all these projects failed, but let's say 90% of what I was involved in no longer exists or is practically worthless with some exceptions.

On the other hand, I remember the price of BTC of only $200 and the possibility to collect the same in just a few months of using the faucet (1-2 hours a day max) with a note that back then faucets were much easier without short links and similar nonsense that they are full of today.

When you say that some profit and others lose money, you can conclude that the majority's loss is the minority's gain. It doesn't seem ethical to make a profit in such a way that you have to mislead someone else into investing money in something that you already know in advance will fail - but I mean in general that whole industry that actually sells a bunch of false promises and always targets the poorest who just want to make money no matter what.

After reading some replies i think you just want to promote this platform and i just heard somewhere that in Bitget a scam has happened well i don't know the full details but let's discuss about the topic you asked. I think it is good to have such programs and many exchanges always keep coming with such programs. That's not a new thing.

But other than this program thing, i really think youths is the next generation and adoption of crypto is only possible if they will show interest in it because they are new people. But first of all we have to taught the basics of crypto to them and basics of anything can not just directly be teach some newbie on a exchange of which a newbie has no knowledge and even that newbie do not even want to take that program on the exchange.

So, such programs must be available for newbies who do not want to interact with crypto in any way possible. So, we have to provide them some more easiness.

Exchange is not the main sector that needs to make a move for crypto adoption because they are centralized. Giving a foundation knowledge on crypto using exchange program will just make the whole crypto idea invalidate since exchange promotes centralized services while real crypto adoption is when everyone is using crypto and holding it on non custodial wallet which they hold the keys.

Empowering the youth is really the key for mass adoption aside from the government stopping from being pain in the ass. Old people is very hard to convince to be involved in crypto since they are on fiat for a long time and they consider crypto as risky asset. Having many programs dedicated for youth will help mass adoption progress faster but not instantly because we will need to wait more generations until those new era is already the majority.

This program isn't about empowering youths or making them knowledgeable, strong, independent, or anything similar. It's a marketing plot to advertise Bitget and it's services. And I dare to say, a cheap one. They are looking for people from specific countries, mostly poor countries.

 
If you are chosen, this is what you will be doing:


Additionally, there is this:
Source: https://www.bitget.com/support/articles/12560603795739

It's marketing for Bitget and helping the exchange get more customers in specific territories. Everything else is of secondary or no importance.

I agree with you, cryptocurrencies are not easy to understand and to manage properly for most people, so it's not a natural thing for the average Joe to use cryptocurrencies instead of cryptos. If the choice is given, he will tend to choose more smooth and user-friendly solutions. That's why people should be educated the more early as possible, in order to familiarize people efficiently with them and to enhance global adoption at the end.

Any program that directs the youth to start their journey in crypto is a good start already. I don't know with other exchanges if they have the same program.

But as you can see, they're all welcoming the newbies with an open heart and promos that they can offer to attract them.

The important thing for them is they've got a starting point.

And what that make me! I am also BTC optimistic and came to know the strategy of such shitcoin projects of collecting funds. Because i used to work in bounties and many projects promised that they will do that and this but at the end. All they do is go away with all the investor's money.

I also tried my luck with some alts but it didn't go well due to less knowledge so i left it. I totally agreed with your point of gambling chips because shitcoin really are one. I have seen people making hell lot of money and at the same time in the same projects people are losing hell lot of money too.

Actually this is what has been happening, based on this article . The majority of crypto buyer is between age 18-40 years old with the percentage of 94%, and the Gen-Z (18-24) even take 17% of the total owner. By the nature something that as disruptive and radical as crypto would be more appealing for younger generation, so it's not a surprise.

Also still based on those article the problem is that the buying power of the Gen-X and Boomer eventhough the number of the owner is small compared to younger generation their buying power is much more.

The Crypto community will form naturally through new people around and acquaintances on social media. They will campaign Bitcoin by word of mouth and stories on social media based on the profits they have achieved. People's awareness of Bitcoin is growing every time there are people around who often talk about Bitcoin every time they meet, their openness in talking about Bitcoin will encourage other people to get involved in it.

People have accidentally promoted it without them knowing it, the news that was published in several print and electronic media really helped spread public awareness to get involved in Bitcoin. Just like you who have long joined forums, when your friends want to learn to get involved in Bitcoin, you will direct them here to deepen their knowledge of Bitcoin.

It would have been easier if every region can easily access information and capital, but you will agree with me that the case is different. This is why this particular program is targeted at recruiting youths from such regions and giving them the empowerment they need to understand this industry better and thrive.