Recently, he expressed his frustration about his teacher and classmates labeling bitcoin as a ponzi scheme or a scam each time he talks about it. I'm seeking a variety of advice that I can offer to my nephew in this situation. Although his father suggested that he should stop discussing bitcoin, I don't feel comfortable with that approach. What are your thoughts on this matter?
Like they say, what you don't know is bigger than you. The teacher and classmates don't know or have any idea of what Bitcoin is so is best they stick to their own view about Bitcoin, unless you as the uncle can make out chance to make the conversation more mature, that's with the teacher. And if eventually you succeed in convincing the teach then the classmates won't be a problem. As the case maybe, I don't blame how the teacher or classmates sees Bitcoin is just wrong information that's the main cause in this situation.