Topic: Why I like to learn and use bitcoin - page 8. (Read 2405 times)

It simplifies many things and there are many advantages of the bitcoin. Also, one can become financially free and independent if invested and traded well with bitcoin. It has changed many things and also being used as the payment option. Transferring money to anybody has become so easy and so cheap that within minutes the other person will receive the crypto.

I subscribe to every word. Fully agree with almost everybody.

Cryptocurrency gives us liberation and independence. It gives us the ability to spend our money on anything that we want as well us it makes us anonymous on when we spend it.

Ever since I first heard about online currency, I've heard of Bitcoin. The more I know about it, the better. It is one of the most trusted and valuable coins in cryptocurrency. There is no possibility of Bitcoin scam leaving the market. Bitcoin payments are easily made through various online sites.
Now the whole world is aware of it. Some countries have now banned Bitcoin in their country but hopefully Bitcoin will be recognized all over the world one day.

You are right earning from crypto like bitcoin is the most profitable way of earning. We should learn it well before using we must collect good information about it.  We get experience about crypto by using it just like having it  and ufing to buy things and to earn from bitcoin we should follow only one rule that is sell it at high price and buy it at lowest price so this way we can make good income from bitcoin.

Same, I've done my best. But atleast we already told them about btc, they are now informed about its existence in the world. And maybe in the future they will give it a second chance because I'm like that too. Heard it from a friend but didn't jump right away, I just know about btc.....

Ever since I first heard about online currency, I've heard of Bitcoin. The more I know about it, the better. It is one of the most trusted and valuable coins in cryptocurrency. There is no possibility of Bitcoin scam leaving the market. Bitcoin payments are easily made through various online sites.
Now the whole world is aware of it. Some countries have now banned Bitcoin in their country but hopefully Bitcoin will be recognized all over the world one day.

Same, I've done my best. But atleast we already told them about btc, they are now informed about its existence in the world. And maybe in the future they will give it a second chance because I'm like that too. Heard it from a friend but didn't jump right away, I just know about btc. Read articles about it but wasn't in the industry right away. We talk about it again and that's the time I decided to know more about btc and the rest was history. Hoping that some of our friends will be like that too. 

It's true man cannot learn in the  whole life.because there is no end level of learning any field. Same as bitcoin has also no end level of  learning.  We should be much more  gain knowledge  about crypto. So for getting good results of earnings through crypto will be  profitable in future. I think so.

I get the point but I think it's hard for older people to understand such things because they grew up with lesser technological innovation. It's already hard for them to use cellphones, what more with crypto and blockchain since it's more complicated to understand. In our generation, advancement is so rapid and they can't follow or cope up with it because during their generations it was not like that. So I also understand if it will be hard for them to understand cryptocurrency.

I believe it's more suitable to teach the younger generation because they can easily cope up with advancement. They will need it in the future years, while it won't be necessary for older people. While we are still at the early stage of crypto adoption, it's the best time to teach those younger people who will benefit from it in the future. Imagine if we manage to achieve crypto mass adoption, those older people probably won't be here anymore, so it's better to approach and target younger people for this kind of innovation.

Cryptocurrency is all about learning new things most especially for the older people and can be a big challenge for many who could not even open and use a computer well. One thing we have to accept is that this is a modern technology at hand and as always there is that learning curve. There must be that willingness to learn otherwise there will be a problem and that possibility of losing one's digital assets, no matter if you are still a teenager or already 90 years old. The challenge with the seniors can be the assumed complexity of the technology so if there can be ways to simplify things there can be a ready market for that.

I get the point but I think it's hard for older people to understand such things because they grew up with lesser technological innovation. It's already hard for them to use cellphones, what more with crypto and blockchain since it's more complicated to understand. In our generation, advancement is so rapid and they can't follow or cope up with it because during their generations it was not like that. So I also understand if it will be hard for them to understand cryptocurrency.

I believe it's more suitable to teach the younger generation because they can easily cope up with advancement. They will need it in the future years, while it won't be necessary for older people. While we are still at the early stage of crypto adoption, it's the best time to teach those younger people who will benefit from it in the future. Imagine if we manage to achieve crypto mass adoption, those older people probably won't be here anymore, so it's better to approach and target younger people for this kind of innovation.

I get the point but I think it's hard for older people to understand such things because they grew up with lesser technological innovation. It's already hard for them to use cellphones, what more with crypto and blockchain since it's more complicated to understand. In our generation, advancement is so rapid and they can't follow or cope up with it because during their generations it was not like that. So I also understand if it will be hard for them to understand cryptocurrency.
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I'm not that much fan of continuous learning especially to secure funds and to make sure that I am transacting efficiently, but literally, we people mostly are contented from what we have especially the way how we transact using traditional methods such as transacting with fiats, and bank transfers. I have met allot of people and some of them are already old (60 above), and for them, there's no room for improvements in terms of transactions as even bank transfer is hard for them to execute that they need someone to support them while doing so.

Question arises if they are in situation like this, how can we teach them with new methods of transaction such as bitcoin or to somehow take them out of their comfort zone when in fact, their aren't really comfortable with it in a sense that they need assistance of younger generations. Perhaps, there's nothing wrong to still try and make them accept in bitcoin if we know how we can properly explain it to them. Or to use the concept of "Abstraction" which I learned from Object Oriented Programming.

The easiest way is to make sure you're not going right away into technical terms such as Encryptions, Hash Rates, Blockchain, etc. And to take it slowly by using smart analogy to correlate it while explaining because believe me, old people behaves unpredictably. Make it easy and start your conversation by offering a good meal, share some stories as you transition to tell him a new version of Gold (As I believe it can be a good example of physical bitcoin) which is virtual and anonymously created by someone up until now is not known.

Story goes explaining that they need an internet access in order to buy this virtual currency that they can use for e-commerce, or transacting with other people and it is like sending messages but instead of strings of characters, they can only send numbers in which are called Bitcoins. Another is that bitcoin is like Fungus. what is there is a decentralized networks that shares the same information, the same with fungus having a characteristics of Fungi are also undying as after the five mass extinction, they still remain on earth. That's how powerful bitcoin network is.

I'm sure there comes a portion of the conversation when they will ask how to secure their money will be or how to access it. This is when we will try to simplify things out by explaining public keys and private keys in a way that they usually know how it works such as comparing it with username and password on their facebook, twitter or Instagram accounts. Moreover, try to use analogy as your conversation goes deeper and deeper in a sense that they will understand each terms without you giving them bunch of knowledge in which they don't understand.

Of course everyone will not be interested if we are just sharing things like these without giving them something more valuable than what they normally use. Here we might want to state some features of bitcoin such as semi-anonymous transactions, peer to peer, low transaction fees for international payments, accessibility, and one of my favorite, an investment.

A dream of inviting our old citizens to bitcoin will not be possible if we ourselves lacks the fundamental knowledge about it, the best way to properly explain things is to first learn and use it. There's we can formulate various analogy to correlate terms and to lead them in the right path as they engage themselves with bitcoin. I believe that there's no boundary of ages for people to use it, that is why I like to learn and use bitcoin.