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>They are interested in it due to the pretty charts and slick interface of coinbase and robinhood You got to be kidding if you think Coinbase has a slick inter
by sidko 9y ago
>They are interested in it due to the pretty charts and slick interface of coinbase and robinhood
You got to be kidding if you think Coinbase has a slick interface/user experience. You would need to explain why in-spite of such a terrible interface, people are flocking to Coinbase to buy Bitcoin/Ethereum. In fact, so much so that Coinbase was the top app on the App Store for a day [1].
[1] https://www.cnbc.com/2017/12/08/coinbase-was-top-of-us-apple-app-store-after-bitcoin-price-surge.html https://www.cnbc.com/2017/12/08/coinbase-was-top-of-us-apple...
>Many of the young adults and teens do not understand the concept of compound interest at all
I'll need a source for that. It doesn't seem like humans in general are wired to really grasp the power of compound interest (or exponential functions for that matter), so if you're claiming that young adults today are less likely than average to grasp that concept, I'd need a source for that. I do not believe it to be true, but I am happy to be proven wrong.