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 think it is worthwhile to teach anyone about BTC but it is as important to NOT compel them.
The problem with most is that they tend to compel and force people to listen about something that is somehow technical. With this, people tend to lose their focus and they also tend to show no attention at all. Again, it is better to teach someone who is already interested in a subject; compared to someone who is not interested at all though they may show signs of being attentive.
Let us face it- cryptocurrencies and BTC is a complex process which will take some time in order for its foundation to be grasped. If people are showing signs of curiosity, then by all means teach them. But if you force them into something that they are not interested in the first place, then better avoid forcing them to learn it.
Usually, it's not a good idea to force people to do things, because if they're not interested, they won't enjoy it. I wanted to talk about this because of something my dad did. He noticed that I spend a lot of time online learning about bitcoin trading. And that led me to learn how to make crypto apps, which I do now as a developer.
One day, he asked me how I do all this. All he sees on my screen are these red and green candles. He wondered how those candles turn into real money. I don't really go out, but I can pay my bills and take care of stuff. He was really curious to know how it all works.
I thought it might be a waste of time to explain because I thought he wouldn't understand. But I tried anyway, and he was actually getting it. Now, he spends about 5 hours every day in my room, just learning more about it.
Also, they would be more likely just waiting for profit afterwards and since this market is full of inconsistencies, then they might eventually fall with false hopes.
I'm glad you made such a helpful contribution. You're absolutely right on this. For older individuals who are on medication or may have health concerns, getting into bitcoin trading might not be a good idea. The ups and downs of trading can be stressful, and not everyone can handle the risk of losing their investment. It's kind of like putting their health at risk, because even a small shock or stress could have negative effects on them. So, it's important for them to consider their health before jumping into something like bitcoin trading.