Is it worth it to teach older people about bitcoin technology? - page 6.

legendbtc

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Quote from: Agbamoni on August 18, 2023, 12:02:21 PM

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 everyone, why are we skipping recommending it to the elderly? Are they not part of our world? Similarly, not only the elderly but also the poor, we should recommend bitcoin to them if they show interest in bitcoin. Everyone is equal and has the right to benefit from bitcoin, not only the young or the rich have access to bitcoin. I would rather teach bitcoin to older people who are passionate about it than waste time teaching bitcoin to young people who have doubts about it.

Nrcewker

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Quote from: Agbamoni on August 18, 2023, 12:02:21 PM

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.

If the older generation is showing interest, then yes we should teach them how Bitcoins work. Bitcoins always provide a scope to earn more. So if any old people wants to make money from it, then definitely we should teach them how to do it so. On the other hand if any people wants to just relax then definitely we should allow them to rest and relax freely. It completely depends on them whether to invest or not.

mvdheuvel1983

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Quote from: Agbamoni on August 18, 2023, 12:02:21 PM

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 was expecting to see the age range of people whom the OP have categorized as old people. You can teach sexagenarian and septuagenarians and it won't be a waste of time if they have worked in finance, sales, tech, education. These are the fields that I think that based on their experiences cryptocurrency concepts would be easy for them to catch on due to certain similarities in career jargons. Teaching Octogenarians about Bitcoin is not worth the time. There is already a decline in cognitive ability at that time. Any new knowledge will be difficult for them to comphrend. An Octogenarians will look at you as schmuck when they ask you to show them physical Bitcoin and you can't. They've known physical money all their lives.

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Quote from: KiaKia on August 20, 2023, 02:43:34 AM

I have no luck teaching any old men anything technology, and Bitcoin is more complex for them, many old men believe that such things are meant for the gen z, not them, and even if you try forcing it on them you will fail because there is no reason for them to learn it, all the days of their lives they are used to the old ways of making money and investing.

Been old or not, if you don't have the will to learn about Bitcoin I won't be ready to teach you either, you have to show that you really have an interest, I don't understand people these days, now that things are getting extremely harder I expect people to work even harder than they used to, but people still want to find the easier way to make money, when easy things like BTC looks hard to them it's because they are still new to it, instead they will in no time give up and believe that they can't understand it.

People's unwillingness to adapt to the fast changes in our society is shown by the fact that older generations stick to their old ways of getting money.

Some people's arrogance in rejecting Bitcoin because it seems "hard" is funny. It doesnt matter how old you are; what matters is your willingness to learn and change. Its stupid to think that Bitcoin is only for Gen Z. History has taught us that people who dont change end up falling behind. So, yes, you are correct. Why waste your time trying to teach someone about the next big thing if they dont want to learn about it?

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I have no luck teaching any old men anything technology, and Bitcoin is more complex for them, many old men believe that such things are meant for the gen z, not them, and even if you try forcing it on them you will fail because there is no reason for them to learn it, all the days of their lives they are used to the old ways of making money and investing.

Been old or not, if you don't have the will to learn about Bitcoin I won't be ready to teach you either, you have to show that you really have an interest, I don't understand people these days, now that things are getting extremely harder I expect people to work even harder than they used to, but people still want to find the easier way to make money, when easy things like BTC looks hard to them it's because they are still new to it, instead they will in no time give up and believe that they can't understand it.

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Quote from: Agbamoni on August 18, 2023, 12:02:21 PM

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.

Teaching older people about bitcoin technology is worth it but it's usually up to the individual. A lot of older people are less tech savvy and generally show less interest but the younger generation is more inclined towards bitcoin. Cryptocurrency is a highly speculative investment, requires a lot of patience an elderly person may not have the patience, so it is best to avoid it if you are retired or close to retirement. The risk of sudden devaluation can be detrimental to the financial security of your retirement savings.

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Quote from: Agbamoni on August 18, 2023, 12:02:21 PM

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.

For a long time I have carried a hands-off approach when it comes to teaching others about bitcoin, if they want to learn then they can make an effort to do it by themselves, after all it is not as if bitcoin is some sort of secret technology or anything like that.

So whatever that you may want to learn about it is online and the only thing necessary for people to learn more about it is the desire to do so, now if they have taken the first steps already and they ask me questions about bitcoin I will be happy to help them out, but I wont incite them if they had not done so as otherwise if they invest in bitcoin and they lose they may blame about it.

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Quote from: Agbamoni on August 18, 2023, 12:02:21 PM

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.

Age doesn't matter if the people want to learn it, and we've been teaching those kids, even if they don't like it, how much more those old people will like it if they are really interested in it. As long as they are capable of it, then why not? But again, this needs patience because it will take time. But again, there are tons of old people who are not technically inclined but who can easily understand that technical stuff because of their experience.

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Older folks are generally reluctant to use Bitcoin, even when you set aside the technology learning curve. You're talking about a group of people that are close to retirement and have little incentive to change assets in their portfolio. That's if the pitch of Bitcoin is an investment vessel. I don't expect they would bother fumbling with crypto for day-to-day transactions either.

Is it worth it? Depends on how you value your time.

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Quote from: Iranus on August 19, 2023, 09:26:41 PM

Quote from: bitzizzix on August 19, 2023, 08:54:30 PM

I think older people should be involved with bitcoin especially those who have savings or their money for retirement, and even though it's not easy to do because they also need to be knowledgeable about bitcoin and its future. But at least we try to do it for our own parents, because we as children already know and understand that bitcoin is very good for our parents because it is profitable, especially in the long term.
and I suggest you do this for the peace of our parents and also for us as children so that our parents don't bother us too much about financial problems in the future.
there is no need to suggest other parents if we still have parents, because our parents already know that we are involved with bitcoin and see our changes because that is an example that will make it easier for them to believe.

I am not against introducing bitcoin and encouraging our parents to invest in bitcoin because it is truly the best asset we have. But the biggest barrier for parents or elders is time. I mean to be able to profit from bitcoin, we need to hold for many years or more, and for older adults can they wait that long? Moreover, the elderly are the time when they need to rest and enjoy life, not the time to rush to earn more money. So we still recommend Bitcoin to them but don't force them but let them decide for themselves, and we should respect their decision.

You are right, and this is where I mean to see how old our parents are and also bitcoin analysis for the next few years, because this discussion is still new. So my advice for the next few years I think it's still possible, even very possible to turn a profit, because a lot of people are saying the next halving might just be a few years away.
and I don't need to explain about the age of our parents because we know how old our own parents are and it's easy for us to predict, and also bitcoin investment doesn't interfere with old age health because money works. And also don't have to invest all the money, and stay under the supervision of the child.

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Quote from: bitzizzix on August 19, 2023, 08:54:30 PM

I think older people should be involved with bitcoin especially those who have savings or their money for retirement, and even though it's not easy to do because they also need to be knowledgeable about bitcoin and its future. But at least we try to do it for our own parents, because we as children already know and understand that bitcoin is very good for our parents because it is profitable, especially in the long term.
and I suggest you do this for the peace of our parents and also for us as children so that our parents don't bother us too much about financial problems in the future.
there is no need to suggest other parents if we still have parents, because our parents already know that we are involved with bitcoin and see our changes because that is an example that will make it easier for them to believe.

I am not against introducing bitcoin and encouraging our parents to invest in bitcoin because it is truly the best asset we have. But the biggest barrier for parents or elders is time. I mean to be able to profit from bitcoin, we need to hold for many years or more, and for older adults can they wait that long? Moreover, the elderly are the time when they need to rest and enjoy life, not the time to rush to earn more money. So we still recommend Bitcoin to them but don't force them but let them decide for themselves, and we should respect their decision.

bitzizzix

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I think older people should be involved with bitcoin especially those who have savings or their money for retirement, and even though it's not easy to do because they also need to be knowledgeable about bitcoin and its future. But at least we try to do it for our own parents, because we as children already know and understand that bitcoin is very good for our parents because it is profitable, especially in the long term.
and I suggest you do this for the peace of our parents and also for us as children so that our parents don't bother us too much about financial problems in the future.
there is no need to suggest other parents if we still have parents, because our parents already know that we are involved with bitcoin and see our changes because that is an example that will make it easier for them to believe.

rikybrosh

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I think although bitcoin price is so volatile, it is still good for old people to save some amount of btc. elders's physical body maybe not as strong as young people to works and having some btc in their wallet can useful. but we still need to tell them about bitcoin technology so they can understand. it don't have to be fully understand but at least they know what they need to know.

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Quote from: eightdots on August 19, 2023, 02:46:14 PM

Quote from: Blitzboy on August 19, 2023, 06:52:24 AM

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.

Between kids and the elderly, I would love to teach the elderly because if they get a grasp of Bitcoin and its technology, they have the money to put in the ecosystem making the Bitcoin economy stronger, while teaching kids about Bitcoin will not only create pressure to the brains of these poor kids, they also don't have the financial capability to participate in the economy. It is a negative output if the effort of teaching is pointed toward kids.

It is different matter for young adults and those late teenagers because they are about to engage in world economics. It won't take time before they starter looking for jobs to feed themselves and be independent.

We should let the kids enjoy their young moments. There is always the right time for these young people to engage in economics specifically Bitcoin economics.

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Quote from: Agbamoni on August 18, 2023, 12:02:21 PM

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?

Personally, I teach everyone who wants to know seriously about Bitcoin. I don't mind the age, I just teach people who are interested/curious about Bitcoin. Older people sometime are more curious than the young people, so why we refuse to teach them. As long as we only teach them about Bitcoin and don't force them to invest/trade Bitcoin, I think we do the right way. Let them decide themselves whether to invest or not!

IMHO, sharing knowledge to others always carries the value. We don't focus on the young generation only, older people deserve to get the knowledge as well. Who knows if the older people really want to involve in Bitcoin. They also can help much to spread Bitcoin adoption around the world.

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Quote from: Agbamoni on August 18, 2023, 12:02:21 PM

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.

Isn't that wise for me because they might have no little to no interest in crypto. However, given the fact that they are still alive, they have also the right to be aware of this technology. Getting into the situation that Bitcoin is more technical, we can never expect they would easily understand it, but the most possibility they will still forget it and ignore it. Yes, teaching them is not necessary because their responses are something that couldn't help to grow adoption and increase the spread of information but it can be just a waste of time.

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Quote from: Blitzboy on August 19, 2023, 06:52:24 AM

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

You’re right indeed. Being old does not mean that your knowledge or level of understanding also become less valuable. In fact, a lot of older people have been more successful when it comes to new innovation like bitcoin because they understand more its process and that it really takes time, unlike those new emerged millennials that are used to instant and only see bitcoin as another get rich quick scheme. They only want shortcuts to success and we can’t also blame them for that since they were born at a computer age wherein everything is done fast and instant with the use of technology.

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Quote from: Agbamoni on August 18, 2023, 12:02:21 PM

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.

For me, age won’t matter if you are interested to learn about bitcoin. I don’t believe that if you’re old, bitcoin will never be good enough for you because of your level of understanding. Yes, bitcoin is quite complex but if you have the will and interest to learn, you are doing your due diligence to learn about bitcoin, then you are still worthy to learn about bitcoin and how it will be useful in our lives. Always remember that bitcoin is never limited to its learners, everyone is fair when it comes to bitcoin.

eightdots

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Quote from: Blitzboy on August 19, 2023, 06:52:24 AM

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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Quote from: Agbamoni on August 18, 2023, 12:02:21 PM

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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