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Hey All - As Father's Day approaches I think about this one. I am curious who has successfully educated your parents on Bitcoin (if still alive). As we know, powdered butt syndrome is a real thing and as people get older they can't take as many risks with their money - or may not take the words of their children seriously.
I was able to get my dad to learn about Bitcoin and buy some, and he likes it - but the volatility of it shakes him. I'm glad he has adopted it, and I think part of the reason is because I am into it. Have you had any success educating your parents on Bitcoin?
69 sats \ 1 reply \ @BTCFC 15 Jun
So I would say I was the first to take the Orange Pill in my family, but my mom followed suit right after. I would say we think alike in many ways and we share an awesome relationship where we share ideas with each other constantly. Thus, I didn't even have to put much effort into Orange Pilling her to be honest, just explained to her my conviction and she was in, even dabbled in a bit of trading shit coins early on lol. My dad is also an interesting case, in that he doesn't care all too much for money. I've never seen him stress over financial things. Therefore, he's never been against Bitcoin but he also doesn't understand the grand significance of it. However, lately I've been paying my rent to him in bitcoin and the volatility of it seems to entertain him greatly so maybe when it hits $100k he'll ask me to teach him about it.
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Interesting, for some the volatility is entertaning while with others it strikes a fear mechanism. Cheers on this!
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63 sats \ 1 reply \ @Natalia 15 Jun
I was helping my mum to buy some Bitcoin - she simply asked what to do with some money, then I said Bitcoin.
I wouldn't say I really pilled her tho, she sees it more like an investment.
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This is how many people around me see it. I guess technically it is better than nothing.
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I finally have. It took a long time though. I also didnt push it, either. I want to get my father on SN, he is an economist.
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That would be cool. To my knowledge, we don't have any family member stackers.
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Yeah, it would be cool. I want him to post a bunch of stuff on economics and elections. He likes going down that rabbit hole.
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That would be super cool. His insight would be nice from someone who was in a formal line of thought regarding the traditional financial system and macro perspective. I'm trying to get my fiance in it, but she is more of a social one than one to read blogs lol
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Yeah, I think it would be cool. He also has simliar thinking of stackers on here. Not a supporter of government at all.
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That's awesome.
My parents are so incompetent with technology that I would not want them to attempt Bitcoin. My dad's more or less on board in spirit, to the extent that he understands it.
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See these are who the ETFs or those who keep it on exchanges are for lol. I wouldn't want my dad to attempt sending to cold storage, he would send it to a shitcoin address or something.
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Same for me, lol
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My brother and I were able to get my mom to become a Bitcoiner. My father is terrible at investing and also chose to never buy any no matter how much I tell him about it.
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For people that will never invest, they literally need to be able to go to their favorite restaurant and buy something with it. I think for many it is too distant for them.
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got my mom in on this cycle but the rest stay sleeping. i'm using it as proof of work for the next cycle, when i get them all. anyone else living and planning in cycles now?
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I'm planning in cycles, but i'm unfortunately still tethered to the fiat world with my ordinary income.
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21 sats \ 1 reply \ @quark 15 Jun
Tried and failed. They still laugh at me. Do not make the same mistake.
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They laughed at me so hard during the thanksgiving dinner during the bear market. I was the butt of everyone's joke.
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I’ve had absolutely no success at all. In fact it’s worse than that. My Dad stormed off in disgust one time when I simply mentioned it. My mum got paranoid that I was going to lose a lot of money - she thinks Bitcoin is gambling. I haven’t mentioned it since…
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What will be the tipping point for them to realize it is a legit asset/money?
For me it was traveling to El Salvador and seeing it first hand.
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Mission: impossible. Can’t even pill my best friends how can I pill my parents. Lol
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Lol tell them the Wisconsin Pension fund invested in it - one of the best run pension funds in the country.
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Well, I have achieved it with my mother, and I am proud of it, she was also receptive and learned quickly, although logically she does not know the technical aspects but the implications of Bitcoin, I also achieved it with my younger brother.
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Cheers that is awesome to hear! I'm sure you have a strong relationship and she trusts you.
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Hell no.
Couldn’t even orange pill my tech savy childhood friends. 💀
Tech phobe parents - no chance ! 🥴
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It is crazy, some of the most tech-savvy people I know don't like it, hate it or are disgusted with it. It makes no sense to me, but these people often are $400K a year software engineers at google lol.
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all my uni mates make way more money than me, none took the orange pill 3 years ago😆
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My mom knows about 'Bitcoin' a bit. When I don't listen to her for I'm busy in my phone or on system, she comes and slowly asks "Bitcoin isn't going anywhere. You should listen to me first." Whenever she says these words, my belief in Bitcoin gets stronger and stronger. My Mom's my Godess, she can't be wrong.
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I love it, yea we need to spend time with the people we love/family - I definitely am working on improvement in this area.
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Interesting issue! One of them just struggling to understand how a mobile phone works. The other one, managed to grab basic info but not happy to get into it.
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I tried but failed. They don't know more about technology.
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My mom hold star me SATs thanks to me and my brother. Now, she is willing to hodl for one more cicle and then use this money to enjoy her life.
Sadly, my dad doesn't has understood how money and inflation works...he has never invested in his life, he only has money in his saving account and says he's too old to learn or try something new... P.s.: they are divorce!
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Orangepilled members don't have money. Who have money trust dollars more than bitcoin
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big ol N-O