It’s hard to persuade those middle-aged people to invest in crypto. Do you think so?
Absolutely! My relatives don't believe either in crypto nor in any types of investments.Even conservative bonds or stocks of big and fundamental companies seem to them to be scams. They have worker mindset that means that they think that it is possible to earn money only when you work hard. Actually, I lost any hope to explain them how to have passive income and bring them over.
I think the problem is only time.
For now, it is very natural that there are still many people who are not convinced and do not believe in crypto because indeed regulations and the role of the government are still very passive in terms of crypto, so they still do not fully believe in this.
But over time I think your brother will see how important this is especially when government regulations on crypto are clear then everything will get better