/biz/ - Business & Finance

[Anonymous No.15261149]

How do you explain crypto to boomers?

[Anonymous No.15261160]

>>15261149
you dont

[Anonymous No.15261176]

>>15261149
It's better to drop a few red pills and let their curiosity lead them down the path to enlightenment.

[Anonymous No.15261214]

it's cash you can send anywhere in the world, in a couple minutes, for a few cents, without asking permission from any bank
also, you can add rules to it through code. which can remove inefficiencies in some areas of business: security, authentification, simple contracts
^ i've had success converting 5 boomers to crypto with an explanation boiling down to the above. i naturally segue in the example of real estate, eliminating notaries and their fees is a VERY attractive topic to boomers

[Anonymous No.15261312]

it's like the internet for gold

[Anonymous No.15261467]

>>15261149
mom was a fan of the movie Trading Places,
told her it's like concentrated orange juice, but for the new millenium, and a commodity in its infancy. Only stupid people buy drugs with it. Shown charts of bubble predictions. Better buy before everyone discovers juicy oranges or juicy coffee, after that gains will be low.
>live in a EU country with fixed low double digit capital gain income tax
> she invested 10% her capital

[Anonymous No.15261493]

https://youtu.be/lskpNmUl8yQ

You don't

[Anonymous No.15261516]