My dad is 79 yo. He's a retired carpenter but has always been interested in technology, electronics and related stuff. Back in the 90s, when I was just kid, he bought me a computer because he knew that's where the world was headed and we learned to use it together. During the years, I developed my passion in computing and programming and I always taught him to use all the tools needed to be a good user (he even uses things like password managers and multi-factor authentication tools).
Fast forward to early 2020, just before the pandemic, I started to buy BTC and I had always told my dad about this new "digital gold". He was skeptical (he's lived most of his life with FIAT and cash after all) but curious. He thought it was too risky though.
Not sure why, but last week he finally told me he wanted to try it. So we setup his software wallet and he bought 0.01 BTC. Not sure if he'll buy more, but I can certainly say I'm proud of him!
Did you manage to convince your dads or other older people in your family to buy BTC?
Not my dad specifically, but I was able to persuade people to buy bitcoin when it crashed last year because I believed that was the best opportunity for them to do so and reap the rewards when the price has gone up in the future. Fast forward to this year, and some of them have sold and are waiting to buy again, especially now that the US is not amicable toward the entire crypto market, but regardless, it's a good time for people to buy again.
As elderly men sometimes forget as they grow old, and given how old he is, he may one day forget that you ever assisted him in purchasing bitcoin unless you remind him. I will suggest you assist your dad to store the seed phrase or private keys to that bitcoin.