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❓ASK Is the digital nature of cryptocurrency holding it back?

AudraMiller

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The one thing that many of us like when it comes to cryptocurrency is how convenient and easy it is to use. The digital currency can be used easily and with little effort, and that is very important for the technological age. However, a recent article has shown that older people do not understand the technology that goes behind crypto and this is what makes them sceptical on its use and how they feel that it is not convenient. What methods do you think can possibly be sued in order to increase the convenience of the currency and bridge the gap between the physical and the digital world?
 
Most at times it's true that the older people find it difficult to undertake the rationality behind the digital currencies. But with education some easily get the strategy while some too just believe the whole thing is risky.
 
Yeah i think you could help enlighten the public about it ,show them proof of how you are trading most especially for those that are not understanding anything about crypto currency i think
 
I think it doesn't matter.. old people who can't adapt can still use fiat. Fiat wouldn't go away so it's fine. Lack of knowledge not only by elderly people but majority of the population
 
I think it doesn't matter.. old people who can't adapt can still use fiat. Fiat wouldn't go away so it's fine. Lack of knowledge not only by elderly people but majority of the population
I think if some old people are been taught , they could even purchase bitcoin to earn more money i think , and it will have impact on bitcoin
 
The fact is that if cryptocurrency is not digital ,then it won't be as successful as it is today ,because there will be difficulty in it's transaction.
 
I think if some old people are been taught , they could even purchase bitcoin to earn more money i think , and it will have impact on bitcoin
Sure they can. There's a lot of elderly that's into it already. But like i said problem is not them but the lack of knowledge of the majority of population.. they just don't know about it or doesn't have any idea what's good it gonna brings them
 
Sure they can. There's a lot of elderly that's into it already. But like i said problem is not them but the lack of knowledge of the majority of population.. they just don't know about it or doesn't have any idea what's good it gonna brings them
I think you are right that is why its best for those who know about it to teach them.because they are the ones with high purchasing power i think
 
I think you are right that is why its best for those who know about it to teach them.because they are the ones with high purchasing power i think
Sure is.. if almost everyone or just majority of people invest and get involved the price and the acceptance will increase. Maybe act like a real Currency then
 
Sure is.. if almost everyone or just majority of people invest and get involved the price and the acceptance will increase. Maybe act like a real Currency then
It surely going to help the price i think and its going to increase further. Because for now the price has not been increasing as expected i think
 
There is no age one can't learn a new thing, crypto could be taught to them if they wanted also there are also alternatives they could use with fiat , so those really interested in crypto would learn it
 
The new generation and the youngsters are willing accept digital currency but the senior citizens prefer to stick to the traditional method in dealing with money and currency.

They just cannot digest the way of using digital currency. Not everyone but 90% of the seniors.
 
The method is to make use of visual mode , like use signs and symbols to show them real proof on how to trade and how it's been done so they can trade to earn
 
The older people truly find it hard to use technology, and crypto currencies being digital makes it even harder for them. But I think this does not affect the crypto world because there are far too many young people than the old. Moreover, old people are now embracing and learning technologies more and with time, they will also be in on it.
 
I agree to a large extent with your submission. Many elderly people who are learned enough may not have much trouble if they are put through, however there are those who are not enlightened enough to use Cryptos.
The elderly ones always see crypto currency as a scam platform and i am sure this might be the problem of them been a victim of past scams and ignorance too
 
The elderly ones always see crypto currency as a scam platform and i am sure this might be the problem of them been a victim of past scams and ignorance too
If it is about ignorance, then, they could be enlightened but some just don't want to embrace new things that would compromise how they think things should be.
 
If it is about ignorance, then, they could be enlightened but some just don't want to embrace new things that would compromise how they think things should be.
they believe trying out new things could be a burden and could be tedious for them , so they decide not to try any new thing that would involve their fiance
 
As technology is evolving over time so is our surrounding, not trying to be rude or anything but I think most old people Still linger on the past which is physical currencies whereas our current generation have already adapted to digital currencies
 
As technology is evolving over time so is our surrounding, not trying to be rude or anything but I think most old people Still linger on the past which is physical currencies whereas our current generation have already adapted to digital currencies
Yeah, I saw a post recently that suggested that the seniours be taught the importance of the digital currencies. I think it will be a great move as it will enable them to adopt it with more openness than trying to ban them.
 

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