seniors Archives -
Best Buy is acquiring San Diego’s GreatCall for $800 million, boosting its technology lineup for seniorsAugust 16, 2018 | dailybusinessnews
San Diego’s GreatCall, which provides mobile phone and connected health services to seniors, is being sold to Best Buy for $ 800 million in cash — the second time that GreatCall has changed ownership in the last 14 months.
The deal furthers the nation’s top electronics retailer’s strategy of selling…
In Japan, seniors and middle-aged adults are increasingly interested in investing in cryptocurrencies. The Japanese Cryptocurrency Support Center has launched an intensive course for seniors to help them learn and invest in cryptocurrencies.
Intensive Crypto Course for Seniors
Japan’s Cryptocurrency Support Center has launched an intensive crypto investment course for middle-aged and elderly adults. This is “Japan’s first virtual currency investment course for seniors,” local media reported last week.
The Tokyo-based center “supports dissemination of the correct information and knowledge of virtual currencies” and of “building assets with virtual currency with confidence,” its website describes. The organization says “we have connections with overseas exchanges and currency issuers” and aims to promote “the sound development of the virtual currency industry.” The center describes:
In the past, investment of stocks and FX was the mainstream. However, since 2017 virtual currencies became a topic in the news, and seniors who start investing [in] virtual currencies are increasing…we hold virtual currency seminars…and some participants in their 80s have participated.
One of the reasons why the elderly are increasingly turning to cryptocurrencies in order to increase their asset holdings is “for the future relief of family and grandchildren to eliminate anxiety about old age,” the center explained.
What Seniors Will Learn
The course is divided into two parts: “Basic operation and maintenance of virtual currency” and “Investment know-how of virtual currency and measures against taxation.”
The former teaches how to open an account at a crypto exchange, how to purchase cryptocurrencies using Japanese yen, and how to store crypto in wallets and cold storage. In addition, students will learn how to send and receive crypto remittances. This part will also touch on security such as two-step authentication and safekeeping and restoration of private keys.
“For beginners who do not know how to buy virtual currency, we will instruct [them] carefully from the beginning, including how to use a personal computer,” the center elaborated, emphasizing that:
Even if you are inexperienced, even if you are not good at personal computers, you can start investing in virtual currency during the course period!
The second part teaches fundamental analysis using Twitter, technical (chart) analysis using Tradingview and Cryptopia. Students will also learn some “promising altcoin watching methods,” how to create diversified investment portfolios, and tax measures or tax saving methods for those with capital gains.
What do you think of crypto courses for seniors? Let us know in the comments section below.
Images courtesy of Shutterstock and the Virtual Currency Support Center.
Need to calculate your bitcoin holdings? Check our tools section.
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As far as senior pranks go, this may win “Most All-Around Appreciated” in the annual superlatives. BuzzFeed reports on some end-of-year scheming by students at Cumberland High School in Wisconsin, with the school district and even local cops applauding the results. The call that came into the Cumberland Police Department…
Bullying doesn’t end as we enter our golden years, apparently. The AP has uncovered incidents of cruelty at senior centers and housing complexes that highlight the surprising ways elderly people bully one another. “There’s the clique system just like everywhere else,” says Betsy Gran, who once ran a senior center…
Two Florida high school seniors were killed and one was severely injured Tuesday night when the Tesla they were riding in crashed into a concrete wall and burst into flames, police said.
Are seniors having sex? The survey says … yes. A new national study of 1,002 adults ages 65 to 80 has found that although frequency of sex declines with age and illness, many are still having sex and most older adults are happy with their sex lives. Investigators at…
Can federal student loan debt follow you into your golden years? It can and it is, per a report released Tuesday. The Department of Education last year garnished $ 171 million from Social Security checks going to Americans ages 50 and up, reports Consumerist . Since most of those affected are aging…
Japan is trying to reduce the number of car accidents involving elderly drivers by offering seniors the only thing they love more than their independence: discounted meals. The Guardian reports that starting this month elderly drivers in Aichi prefecture can hand their driver’s licenses over to police, receive a certificate…
Mark Zuckerberg famously said “young people are just smarter,” but when it comes to internet scams, it seems millennials aren’t so savvy after all. A new survey found that 50% of the victims of tech support scams were 18- to 34-year-olds; by comparison, only 34% of people ages 36 to…
Two men suspected of starting a wildfire last year that scorched 40 square miles of Oregon forestland could soon get a bill for at least $ 37 million, reports AP . Jeff Bonebrake with the Oregon Department of Forestry says they’re still finalizing firefighting costs for the 2015 Stouts Creek fire that…