Topic: Seniors vs Kids — in the future of Bitcoin - page 5. (Read 758 times)

78% is a very high number, and it shows that seniors are also very interested in bitcoin, but they may lack knowledge leading to scams. But you also fail to show evidence that young people are interested in and benefit from participating in bitcoin. Moreover, the scammers of those seniors are most likely the younger generation, so it's not entirely true to say that the old don't contribute to bitcoin while the young do. Bitcoin is for everyone, and only bitcoin lovers can contribute to bitcoin regardless of gender or age.

In my opinion, what sets the two apart is experience. Quite true that the youths are young blooded and full of life, but if they are not experienced, Bitcoin in particular and financially as a whole, they too can fall prey to scams.
 In our society these days, the youths are more interested in get rich quick schemes and may not exercise patience to learn the nitty gritty, thereby missing out on some key signs of security breach or scam.
 But then, some of the older ones if taught properly about Bitcoin are at an advantage since at that moment in their lives, they can use it as investment with which to pass the time since there's not an issue of kids to take care of a family to start that might divert their attention.

Children should be sensitized about internet and its bad sides, how cybercrime is increasing in frequency and how it can be mitigated by some simple yet overlooked steps. Eventually they will come across bitcoin and when they do they should be taught about it with an unbiased mind towards bitcoin and altcoins. The process of creating a wallet, methods of buying and selling and how money is made from trading should be clear to them.

But we should not force these things on a child. If they are not showing interest, dont push it. Let them discover things on their own. Introduce this topic again in future when they are in a better mood, but never force feed it - that is where the seniors have to keep their patience.

We cannot overlooked their both roles in bitcoin today and the future time to come, which means they were both interdependent of each other if you can agree with me, the present generation needs the children of today to help sustain the bitcoin network with thier adoption and it all begins from now when they have an experience with the digital currency, the future also depends on the children of today while the children depends on what we have left on ground for them to take and work on in knowing bitcoin, everyone needs each other to make it sustainable for generations.

What is the meaning of security if there are no assets to be secured?

Imagine learning about securing your balance on a cryptocurrency exchange, only to realize that you have no balance there. Is the effort to secure something truly effective? Or is it simply a waste of energy?

Many people see Bitcoin as a promising digital asset that can bring profits through trading. If someone can generate significant wealth with Bitcoin, then they would have a worthy asset to secure. Only then does the importance of learning about security come into play, as there is something valuable that needs protection.

That's actually a very valid point. While kids clearly are the future, the world is changing pretty fast, and seniors can be a significant part of the economy as well. Moreover, while it's probably illegal to target children for financial activities and investment opportunities, seniors can be targeted, and while kids usually don't have access to funds (they don't have bank accounts and normally don't know how to access bank accounts of their parents), seniors often have savings or other funds, so they are at a higher risk of losing money. I believe that it's important to educate the seniors to give them a fighting chance against scammers, so to speak. But as for adoption of Bitcoin specifically, I think it's more important to focus on the younger generations (although of course I'm against forcing children to learn stuff) because they will become the biggest contributing force to the economy, as well as policymakers and business owners of the future.

Forcing of children to learn has not really work out in any place. If you forced children to learn, they would not even learned again. They will be pretending whenever you are around and once your left the place everything end there. Allow them to have an interest on the course. Children like to learn and imitate from successful people in the society. Therefore, if you want the children to learn, then achieve enough and buy them snacks and tell them how to become rich when they have grown up. From there they will listen to you.

Seniors are usually more vulnerable, when it comes to scams. It's not just crypto scams, seniors are the main victims of all types of scams(including fiat scams).
What do you mean by "kids"? Actual kids(aged between 5 and 18) or young people(teenagers and young adults)?
I don't think that the current kids are the future of Bitcoin. A kid cannot be financially responsible and could easily get scammed.
Grown up kids (young people) are the future of Bitcoin. The target demographic, which can be proclaimed as "the future of Bitcoin/crypto" is usually men aged between 20 and 35. Unfortunately, crypto is still a male dominated area.

For the younger generation, learning about bitcoin may be easier for them to understand. because today's younger generation they are familiar with every emerging technology. But for elderly parents, they are the most difficult to accept learning about bitcoin or about crypto. Because even many of these seniors are not familiar with search engines on the internet. In fact, they only have smart phones to communicate with their grandchildren and children. So it is these elderly who are always prone to be targeted by fraudsters. But there are also some elderly who are literate about technology and they even contribute a lot in this field. but that's very rare. Seniors who are victims of scams in crypto are currently appearing in the news a lot. Usually scammers target those who have no knowledge of crypto. so easy to manipulate. So that literacy about crypto is not only important for the younger generation but I think it is equally important for older people. But it is indeed very difficult to teach the elderly about technology that they are not even interested in.

The ones who will contribute the most are those who bought huge amounts of bitcoins because they are one of the reasons why bitcoins have some price right now and the others are spending it and also using it as payment for whatever things they are buying on the internet or using P2P to pay some services. As long as these kinds of people exist, they contribute a lot to the liquidity and the healthy transactions of bitcoins all around the world, so whoever has the highest numbers, whether kids or seniors are the huge contributors to bitcoins in the future.

Yes and for sure they will take over from their seniors when the time comes. The seniors created bitcoin and will keep it against attack after that they will need to teach their kids at the appropriate time to continue the project. No need to rush into teaching them when it isn't the right time. We are not saying that don't teach kids but there is time for everything. Kids are fun with cartoons and playing video games so why do you want to deprive them of this and start to teach them about money. Bitcoin is not a ponzi scheme and those who got scammed in crpytocurrency invested in shitcoins.

If the kids do not have the chance to properly manage their money, there's nothing to do with the kids with bitcoin once they know the amount of it they immediately sell in the long term they don't have the profit as we expect, in some point there's some kids literate with the investment at very young age reason why they manage to control the money over their hand and grow those into different assets makes them easier to adopt into the world of finance, but the adults who does not have enough knowledge with this new technology will doubt this and afraid to invest or easily get manipulated by the people. The reason why most of them get scammed is because of the promising returns of those people or platforms.

God help us if the woke corrupted unhealthy kids of today are our future.

Yes but the seniors are the ones to guide them. Both play an important role to the bitcoin ecosystem and in the entire world.

As I've said of contributing, the kids will need more years before they finally able to contribute but if we've got parents that are supportive such as these kids' parent:
These 14- and 9-year-old siblings earn over $30,000 a month mining cryptocurrency then the world will become better.

But we have to admit that it's not the case for the majority and this is like 1% of this space.

There has not been a consensus about the introduction of children to bitcoin and at what age they should be introduced. Some children naturally show interest in the crypto industry. They seem to have a quick understanding of the concepts in the industry. These sets of children should be encouraged to learn more. But they should not be exposed to details that are above their level. They should also be exposed to the importance of privacy and cybersecurity. While others that have no interest shouldn't be forced to embrace the sector.

Majority of members also believe that children should be allowed to grow to a certain age before they can be introduced to this complex field. Already they are gaining financial knowledge from the school, so there is no need to overburden them with lessons about bitcoin and other coins. The ideal age for me will be 16 years and above.

I accept that lack of information is a major reason, but one of the major reasons for the high rate of scams is greed. People are easily attracted to scam project due to the outrageous profit the project promise to give to them.

Of course, children are the future of Bitcoin and I can boldly say that these youths will do better than us. They seem to embrace new technology and are great risk-takers. The majority of bitcoiners in my country are youth. You don't need to worry about them because they are more active in social media, hence they are exposed to all kinds of information. All we need to do is guide and instruct them on the right path to take in investment.

In the context of "if they're not willing" there is no need to force Bitcoin lessons to children. Forcing your desires on children will make them bored and depressed due to pressure from their parents to learn something they are not ready to learn. Youth is the hope of the nation, they have a longer time than seniors who are old.
The new generation needs to be formed as the successor to the seniors when they have retired due to age, I prefer to wait until the children are ready to receive new knowledge rather than forcing them to be what I want them to be. Seniors who have been successful since getting to know Bitcoin certainly have prepared everything to form a new generation as successors when they are old.

Children are the future of this world and Bitcoin is available for both old and youths around the world, the old will die sooner or later and the children will take over, it's just how the world rolls, kids will benefit the most from Bitcoin because they have unlimited time compare to someone like me that knew about Bitcoin when I was over 32+ of age, imagine I knew about Bitcoin when I was like 15 years old, that will be incredible isn't it?

Some children will develop interest and some won't, remember we can't all face the same route, and it's fine, some children have better things that will surpass Bitcoin, it's just like those who invented the plane, kudos to them, imagine if such people know about Bitcoin and they said NO to bitcoin and proceed to build Plane, their destiny is to make the plane fly in the sky, not Bitcoin.

Although I have already voiced a similar thought before, but I will repeat. I still believe that new technologies, which include bitcoin, should be based on the younger generation, and not on the old. I attribute this to the fact that the older generation is most often conservative and doesn't show due zeal for new products. They stick to their old habits and therefore, for the most part, don't consider bitcoin something serious.

As for kida, it is still too early to introduce them to bitcoin. The time will come when, as they grow older, they will take over and begin to actively use btc. But this will come later. Now, youth and adults make the greatest contribution to BTC. Not children, not old people, but they. In the future, I assume that it will be about the same, but with the only difference that bitcoin will cover slightly wider age limits.

Children or generations are the most important assets to continue or maintain and or become something better, as soon as this world develops, both children and seniors have contributed to their era, so I think you don't need to see how much it contributes to development, because that pattern change over time, I mean the seniors must have been young once, and if you think today's children don't have a contribution to development, yes that's a natural thing because it's not their time to do that.

Making comics is indeed good enough to provide knowledge with utopian concepts, it is also necessary to design what we need to convey in the comic, whether you want to explain the technology or just limited to currency like fiat, this may depend on individual preferences, but making the story in a comic that is systematic with the message you want to convey is very difficult.
And maybe a question mark is who will do it.
But I don't think it's necessary to go that far, by frying TV media, social media about bitcoin, children who already have thoughts will always be interested, especially when they have difficult circumstances and need income and or financial freedom, they must be easily attracted.

Instead of teaching kids or senior people about Bitcoin, we should better teach them about being safe in the internet, not being scammed or cyber security in general. Being protected is more important than being able to earn or bring money into the internet. Let them first learn how not to lose current, fiat money, instead of learning what could be future digital money and technology.