I recently had the experience of trying to explain Bitcoin to an older “fiat-believer” who has worked in finance for over 20 years. It was a difficult task, as they had a hard time understanding the concept of a decentralized currency. I tried to explain the benefits of Bitcoin, such as its low transaction fees and its ability to be used as a store of value, but they still seemed skeptical. I think it’s because they are so used to the traditional banking system and the idea of a digital currency is foreign to them. It’s understandable, but it’s still a challenge to try to explain Bitcoin to someone who is so set in their ways. Has anyone else had this experience? How did you explain Bitcoin to them?
Our only URLs are
All other sites are scams – especially be wary of:
benumbs.cards & bennumb.cards & bennumbs.cards & benumb.cc & many more…
(it can be hard to notice the S and extra N if not careful.)
Welcome to the real deal.
Please bookmark this link — the other sites have simply copy/pasted our html and don’t actually have any cards to sell.
They can be easy to fall for if you aren’t cautious!
Not to sound condescending, but I think a part of it has to do with young people (especially these days) having ideas and visions for the future that don’t necessarily align with a reasonable take on reality. Older people have spent significantly more time living in this world and have a better grasp on what is realistically possible (some may call this becoming jaded).
We’ll, I’m in my 40’s with the majority of my net worth in Bitcoin. No Prius, no mortgage, no boring desk job.
But I get the sentiment, younger generations grew up with the Internet and understand things can be valuable even if ‘you can’t touch them’.
For me, the point at which things clicked was just ‘fixed supply’. There’s no Fed money printer, no stock splits, no botched mutual fund rebalancing, no JP Morgan price fixing the precious metals market, no CEO who tanks their stock price by spending $42 billion buying Twitter or whatever.
My mom thinks inflation isn’t real. Lmao.
My 70 year old dad buys bitcoin, but I do wonder if it’s right for him. I think so. But I also think he may die (75-80) before it really takes off.
Last month, my older conservative relative, said to me “Of course, we can print infinite cash — it’s the US Government” after I showed her the Neel Kashkari clip
https://youtube.com/shorts/NGR6pyHjTM4
>It is difficult to make a man understand something when his paycheck depends on him not understanding it.
Over 40, work in finance, believe in Bitcoin.
We exist!
I know plenty of GenY 25-40 yrs at the office who think Bitcoin is a scam.
I worked in Finance as a software developer on financial systems 20+ years and I “got” Bitcoin . I was following it from the first year but I wasn’t convinced the technology would hold up, I finally decided to jump in 2015 knowing that if it did succeed it would be like buying Amazon, Google or Apple at IPO I was willing to lose it all if the experiment failed. I did convince one of my coworkers to buy some but only after he first thought I was crazy to buy this crazy asset at around $500 a BTC only to see it pump into the thousands 2 years later he told me he asked his financial advisor when I first recommended it and the advisor said no it’s a scam LOL
Mid 50’s and been here since 2015. Don’t discriminate on age. It’s really more of a mindset and how willing you are to learn new things. Age has zero to do with it.
Retired software engineer, boomer, no problem at all understanding. Bought and used bitcoin for purchases way back in the days of the “Road”.
I have found that much younger folks don’t respond well to me talking bitcoin. I’m way too old to know what I’m talking about. How could anyone born in the 1950s know anything useful? Stupid boomers…
Eff them. Nowadays I just keep stacking, and pretend ignorance if the topic comes up. “Gosh, you seem to know all about that Bitcoin stuff. I saw someone on TV talking about it. Do you think it’s a worthwhile idea or just a big scam?” Then buy some more sats on my phone while they tell me about “crypto”.
While it’s tempting to engage, DON’T. I will not be appreciated. Let them buy at the price they deserve.
I’m 30 and were investing in BTC when you were eating crayons and sniffing glue in kindergarten.
All jokes aside you are completely correct generally speaking.
Belief is typically a result of desire.
The older generation generally doesn’t want to learn about crypto or have to re-evaluate everything they’ve been taught regarding finance.
Many of them invested money every paycheck into a shitty retirement fund, they don’t want to think they made a wrong decision doing this or a wrong decision in saving money while inflation eats it all away, I could go on.
Meanwhile, the younger generation sees Bitcoin as their only hope. They also need to be financially educated if they have any chance of living a somewhat decent life.
No longer can you work some 9-5 in order to buy a home and raise 5 kids. Also, the younger generation is who will profit more from Bitcoin.
I’m more concerned about those in the younger generation who still are following the advice from their grandparents. If history has taught us anything it is that invention and adaptability are crucial to survival and evolution.
I’m early 40s and been stacking for a decade straight.
I don’t see many young people interested, mainly people in their 30s and 40s
The problems is the misunderstanding that only physical things can have value.
20 year old people with student debt are ok with the idea of bitcoin but 25+ are the ones with buying power
My mom believes in it while my dad thinks it’s stupid