Quote from: witcher_sense on Today at 10:45:01 AM

<>

Theres always that duality taking place, whereby Bitcoin can be seen as an investment (for the most) or a means of payment (the least nowadays Id say).

The former calls for one to understand whats under the hood, the technicalities to a certain degree, at least enough to know what one is getting into. You can always invest in stuff without knowing the ropes, but Bitcoin is pretty transparent in terms of information, and one can grasp it at different levels with a bit of will. Whats more, unlike other types of investments, you tend to manage the assets yourself here (at least, until financial institutions step in heavily with all their array of derivate products), which leaves no wiggle room to escape from acquiring a certain technological degree of knowledge related to Bitcoin.

The latter, the usability, and core intent of Bitcoin, is really not that simple for the average common person (Im thinking of people outside the forum, those that you encounter at the marker or a retail store, who struggle with a smartphone in their hands). There is a big difference between younger generations and older generations due to technological proximity, and clearly the younger generations will have a more gentle landing and assimilation process. The mid-to-older generations, for the most, will not be able to manage Bitcoin, unless its something really simple, risk-exempt, regulation hassle free, and directly beneficial to them versus using the fiat traditional payment methods.

Youngsters may find Bitcoin appealing and technologically sexy, as opposed to mid-to-older generations that need and easy experience.