Topic: How to make old people understand Bitcoin? - page 2. (Read 4944 times)

It's quite difficult and challenging to teach old people about bitcoin. Digital currency is complicated for others to understand. I experienced that already and they said to me that using bitcoin is so hard and complicated. Many things they need to understand from the beginning on how to create wallet , how to transfer funds, how to buy and sell bitcoins, how to withdraw and how to convert it into fiat. For us ,it's already easy of course but for the old people I think you need a lot of PATIENCE to teach them to understand bitcoin.

Yes, it's hard, I already show how cryptocurrency works to my parents but they didn't get it. The only thing they knew is it generates money, well of course through trading and investments. Tbh, it's hard to make old people understand bitcoin since they prefer traditional things and don't have time to learn or adopt. Maybe they might get interested and learn it if they will benefit a lot especially those businessmen who target modern technology nowadays.

This is indeed a good technique to make them understand bitcoin. Actually, visual representation is easy to understand instead of just explaining it verbally because they can picture in their mind what they are seeing while listening. This is to spread the good effect, benefit and essence of bitcoin or why it is being created. Aside from that, they can also apply what they can learn by understanding every single information about bitcoin, they can make their own money, or they can invest, as long as they really understand what bitcoin is.

With all of the misinformation about Bitcoin provided by mainstream governments, elder people will think twice before using it seriously as a currency for day-to-day payments or simply as a store of value. Whereas Bitcoin is fairly new to the world, Gold and Fiat are not. These asset types have been trusted by many people for a long time. It's no wonder why old people still rely on physical cash and even Gold on top of Bitcoin. Despite all of the success Bitcoin has obtained over the years, it's still far from becoming widely adopted in the mainstream world. Given that most elder people have a negative perception about Bitcoin, they'll most likely stick with Fiat for their day-to-day payments. Rest assured that there will always be people who'll use Bitcoin for their own benefit. It's just that the old people adopting Bitcoin will be the minority compared to younger ones.

Nonetheless, it's not that hard to make old people understand how Bitcoin works and how to use it for his/her own benefit. With many YouTube videos available on the web, as well as, articles and useful resources from this very forum, an elder person can learn all about Bitcoin if he/she is interested in it. Ultimately, old generations will pass by paving the way for newer generations to take over the world. Young people are already quite fond with the latest technologies, which means that if they get old, they might still use Bitcoin and other cryptocurrencies for day-to-day payments. Slowly but surely, the time will come where everyone will use digital currencies (either crypto or a CBDC) to participate in the mainstream economy. Just my thoughts

I gather short videos on youtube that you can pass to your parents, grandparents, and for any other conservative people 

How to explain Cryptocurrencies to Your grandparents? by Altcoin Nerds
https://www.youtube.com/watch?v=ivntqBxkbXI

Bitcoin and cryptocurrencies explained for beginners by TRT World
https://www.youtube.com/watch?v=oO7r89_Kg7c

Bitcoin explained and made simple by The Guardian
https://www.youtube.com/watch?v=s4g1XFU8Gto

my favorite is this one,
What is Cryptocurrency? by IMF
https://www.youtube.com/watch?v=NDetuRLQso8

More ways now that you can use in teaching the ederly about  the bitcoin if they really want to learn and start earning.
 A crypto user once their relatives who are ederly they can teach them one by one or personally they can use visual for easily understand the bitcoin but they have ederly who still easily understand when they see some information about of what they study.

 I believe there are some wallets that have a "user-friendly" interface, but even the basics of sending/receiving Bitcoin can have a steep learning curve for the older people. A Bitcoin wallet with built-in accessibility features, could help even elder people with vision or hearing problems to use the pioneer cryptocurrency in their daily lives.

This task will be very difficult. It’s hard to teach our veterans about bitcoin or cryptocurrency because most of them don’t want to understand all about new technology, they just believe what they used to do. And except for those where there are a lot of scammers and their target is to find the person, and sadly they will face a lot of big losses if they exploit the vulnerabilities of the elderly. It's really hard for seniors to learn new things, it takes patience for older people to truly understand Bitcoin.

yes that's absolutely true, I also did like that to my father and my brother. they come to believe and like bitcoin, whereas previously they hated it and considered it trash.

I find the most difficult task to explain what bitcoin is in front of 60+ seniors mostly beacuse they are not very familiar with concepts and categories like the internet, email, paypal etc which would make everything easier. But I find beginning from what money is a better starter as they know very well what money is and how it works in their life. Then talking about proof-of-work, sybil attacks, mining complicates everything 
Below a link which helps a lot, even if it's for a 5 yrs old 
https://www.coindesk.com/bitcoin-explained-five-year-old

You got to make sure the people you're explaining Bitcoin are actually interested in learning how it works first. If someone is truly interested/fascinated of learning the basics, there's no age to get it. I've shown my gpu rig to my old school dad the other day with the real-time metrics from pool on another pc, following my addresses and payouts, showing him txstreet with the all tx getting into blocks, he was fascinated and somewhat getting it but he's seeing that there is a lot to learn to be at ease with this stuff...

The main thing is accepting and believing. I realize numerous elderly individuals will have a hard time believing us since the government deceived them.
They watch the news and read newspapers where government generally talks negatively against bitcoins.
I figure we should give them what we win from bitcoin, indicating them a wallet would be sufficient; likewise, it's not difficult to comprehend bitcoin and digital currencies.
There are numerous recordings accessible on YouTube; however, the initial step demonstrates them the proof and constructs the trust.

I know it will take a long process to educate the old people to understand bitcoin and yes we need a lot of patience to do that because we all know that while we are aging, our memory and capability of analyzing things gets harder so we should help them to understand bitcoin in process and little by little. We should also show them some proofs in order for them to believe that trading and mining bitcoin is really beneficial.

^ Because young people are most usually are into modernization. This means, all have gadgets and can enable them to understand any technical matter. So, anatomically speaking young people have always capable of understanding blockchain technology than the old generation, and probably from their condition, they will never have the interest to learn tech stuff. But this is not in general situations, there are some few from the old era that really wants to embrace cryptocurrencies.

Exactly. All it takes is hard work and perseverance in order to make an old person understand how Bitcoin works and how to use it for his/her own benefit. While most old people will still use Fiat for daily payments, there will always be those who'll use Bitcoin as a store of value just like Gold. This is still new to the elderly, meaning that it's quite hard to understand for the not technically-inclined. But teaching an old dog new tricks is not impossible.

Nonetheless, young people will be the ones that will truly embrace Bitcoin the most. That's largely because they easily adopt the latest technologies. As time goes by, the old generation will "pass out" paving the way for the new generation to take over the world. In the future, young people will become old but quite fond of crypto/Blockchain tech. Bitcoin will no longer be a secret or something unknown, as most people will know all about it. As long as we do our part in spreading the word about Bitcoin, adoption will come one way or another. Just my opinion

Your assumption, in today's sophisticated era, young or old depending on those who want to learn, think badly about parents, it is not difficult to teach parents as long as they want to learn.

That's  a case to  case situation. You can't  just generalized  your statement,  there  are older folks  you loves exploring  and learning  new things. Most people who loves venturing  to any potential  opportunities  are willing to take time and learn,  we just  can't  removed the fact that  in this world  money  talks a lot. Though  it will be tough but from  time to time  it will  be adopt by  those  who are really aiming  to understand  and learn the functions / usages of this new cryptocurrency.

Here are some ways you can make old people understand bitcoin such are:
1) picture : First of all show them how bitcoin look like in case they see bitcoin out they can identify from other cryptocurrencies.
2) How to read and write: Secondly teach them how to read and write which is very important for every bitcoin users to the read and understand what is written concerning the rules guiding the business before processing
3) How to protect your privacy: Thirdly impact them how to keep their address details well in their office, home, and inside their phone not to allow scammer to steal their money.
4) How to spend: Fourthly teach them spend wisely and save wisely in case of anything good or bad happen.

Older people cannot be taught about bitcoin and crypto it's a lot of trouble because they have no idea about technology. They are usually accustomed to the work of the previous era can't remember anything after a certain period of time. If they are not able to keep pace with the current era do not think it is possible to impart knowledge about their bitcoin. It will take a long time for older people to be able to understand Bitcoin.

Depend with old people kinds because some old people have higher technology and understand how to get passive income with bitcoin without working hard for their life, some time old people not understand how to get profit with investment and looking not smart with technology and saving money only on the bank, we faced with old people have understand how internet giving positive impact in finance maybe most easy how to make them understand with bitcoin and altcoin, we will give us link how background of bitcoin giving much profit for many investors three or four years later.