In Nigeria, the old people do not see bitcoin as a scam zone, but they do not see it as money. Many of them do not know what bitcoin is also. They believed in physical assets and their businesses. They believed mostly in their businesses and have their money in banks.
Well said OP, you see the old people not just in Nigeria but other part of the world, do not really see Bitcoin as a scam, is just that many of them just don’t understand how something they can’t hold can have real value than the assets they can see, feel and hold. And also because many of them built their wealth through business, hustle, land and property purchase etc. So Bitcoin may feels like a gamble when compared to their tried-and-tested methods.
I believe however that with the right
Education and
Awareness they go begin dey see Bitcoin in another light and know say na one of the most reliable way to stay ahead of inflation.