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    Author Topic: How useful is Bitcoin to the youth?  (Read 1397 times)
    Myleschetty
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    June 24, 2023, 10:01:53 PM
     #161

    Many youths, really don't understand how the Bitcoin system works due to lack of information or non willingness to understand. Most of them,see Bitcoin as a get rich quick program and when ever they hear someone who is a holder of Bitcoin, all that comes to their mind is that he is a millionaire. This is not so true
    An experience from yesterday, when I was discussing with a co worker and when I told him I was into Bitcoin trading his reply was so straight forward that I was putting up a lie. And if I really was into Bitcoin, I wouldn't be not be working. His own idea about Bitcoin is actually wrong. Having Bitcoin doesn't actually mean that you shouldn't go to work it can act as a secondary source of income for you.

    So what I'm trying to say is that most youths needs to learn more about the digital currency, BITCOIN and understand fully, what it is.
    Bitcoin offers many benefits for young people who are looking for digital payment options and investment opportunities and is not a get rich program.

    I think that individuals who don't understand the value of bitcoin do not know how successful it is and how many individuals accept bitcoin throughout the globe due to its success rate.

    Other individuals who think that bitcoin is a mechanism to get rich quick actually saw the money of bitcoin holders but they did not see the patience of successful individuals so I think that one will only understand if they physically become a part of it.
    It is not necessary that by investment in Bitcoin you have to leave your job but you can continue your job by placing bitcoin as a side job.
    Not knowing how successful Bitcoin is is not the reason why some individuals doesn't value Bitcoin and from my own impression, it's the fear of it going to zero with the inclusion of its volatility in nature that is the most reason why some individuals don't invest in Bitcoin. If the Bitcoin ETF is accepted that will change.
    Bitcoin is useful for both the youth and adult who value their financial freedom and opportunity.
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