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RE: Dtube Exclusive - BuzzSteem Ep. 35 [Easing the Elderly into Crypto]

in #dtube6 years ago

Great post. The elderly adoption of new, rapidly changing technology is a tough problem in general. I think the answer is probably in creating a bridge between what they're familiar with and the new tech. There will be some that can keep up but many will not. I'm not even sure it's just the elderly but even those who are not inclined to dive into new tech and learn it (let's face it, crypto is not an easy concept for most to pick up.. yet). I'm pretty sure I'd have a really hard time teaching my mom or mother-in-law about public and private keys, blockchain, different cryptos, crypto-to-crypto exchange, etc. All the while, they still struggle to check email and log onto Facebook. They treat text messaging like email writing small books at a snail's pace. They're just not going to "learn" it, something has to ease the transition for them.

Maybe if someone started offering crypto debit-card like things and created a standard banking interface for them. Of course, that recentralizes the de-centralization to some extent, but this is something that a company like Coinbase or other exchanges could capitalize on. Or, if banks are worried about their foothold, they could partner with exchanges and offer seamless integration with fiat accounts. That way, people are just acquiring and spending "money" without worrying about all the keys and transactions.

IDK - it's a tough problem. As always, I enjoyed your vid. Keep'm coming.

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Yea it's definitely a mind bender. The first time I withdrew SBD on here, it felt like performing brain surgery, haha. Everything is so complex right now! I imagine it will get easier, but I still don't see the actual elderly really grasping any of this. They were born with and will die with a fiat based system, as it would likely take decades for crypto to replace fiat, if it even does, rather than just existing alongside it! It's all quite a pickle though!

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