Bitcoin is difficult to explain. I also felt difficulties in understanding bitcoin for the firs time. Let's share how to explain bitcoin to children of teenagers. In My country I can say 98% children don't know bitcoin. In fact, bitcoin can be future money. If the children not familiar with cryptocurrency or bitcoin, how can they face the digital era in the future.
I don't think so.
In fact, I really think that teenagers or children can understand Bitcoin much better than older generation.
They are born in digital age, with Internet and they are very open for the new technologies, ideas and projects.
Also, they learn much faster than elderly people and I really don't think they will need much explanation about Bitcoin.
As soon as they see benefits of Bitcoin, they will adapt it.
I don't worry about this point at all.
I agree. How is it any harder to explain than a credit card transaction? How can you explain that you are spending money you actually don't have and are borrowing from a bank. Same with cash. Isn't it just paper? You can explain currency on a basic level without getting into the technical details of how it works. If you do go that deep in the discussion, then yes, they will understand it better than the average 50 year-old.