|
Title: Give your kids their pocket money in Bitcoin Post by: countryfree on July 02, 2013, 05:43:27 PM Most parents give pocket money to their kids. If you forget, the kid will remind you about it, and this might be the best opportunity there is to grow the Bitcoin economy. The kids will find a way to spend their Bitcoin the way they want...
So I hope every parent here now gives his kid's pocket money in Bitcoin only. Title: Re: Give your kids their pocket money in Bitcoin Post by: jaywaka2713 on July 02, 2013, 05:51:16 PM Most parents give pocket money to their kids. If you forget, the kid will remind you about it, and this might be the best opportunity there is to grow the Bitcoin economy. The kids will find a way to spend their Bitcoin the way they want... So I hope every parent here now gives his kid's pocket money in Bitcoin only. Was this just a way to boost post count or.... 1) How do you expect any kid to use their Bitcoin "pocket money" 2) Where would a kid do this? 3) What can kids currently buy with Bitcoin? 4) You forget the mindset of most kids. Any kid aged 13 to 16 receiving Bitcoin "pocket money" is BOUND to do extensive research to where they can spend it, and about 95% of them will come across Silk Road. Not good. Title: Re: Give your kids their pocket money in Bitcoin Post by: Garr255 on July 02, 2013, 05:55:02 PM Most parents give pocket money to their kids. If you forget, the kid will remind you about it, and this might be the best opportunity there is to grow the Bitcoin economy. The kids will find a way to spend their Bitcoin the way they want... So I hope every parent here now gives his kid's pocket money in Bitcoin only. Was this just a way to boost post count or.... 1) How do you expect any kid to use their Bitcoin "pocket money" 2) Where would a kid do this? 3) What can kids currently buy with Bitcoin? 4) You forget the mindset of most kids. Any kid aged 13 to 16 receiving Bitcoin "pocket money" is BOUND to do extensive research to where they can spend it, and about 95% of them will come across Silk Road. Not good. I pay my 15 year old brother for things in bitcoins (when he chooses to accept them :P) Because he likes them for the store of value idea. No respectable kid that wasn't previously involved in illicit substances is going to do drugs because they have access to the silk road. At least I sincerely hope not. Title: Re: Give your kids their pocket money in Bitcoin Post by: Snail2 on July 02, 2013, 06:22:30 PM Agree with jaywaka2713. The main issue with BTC is still the limited real word economical background. Hopefully this will change soon, but until then gambling sites, SR and Atlantis are the most handy places to spend BTC.
Title: Re: Give your kids their pocket money in Bitcoin Post by: QuestionAuthority on July 02, 2013, 06:39:51 PM Most parents give pocket money to their kids. If you forget, the kid will remind you about it, and this might be the best opportunity there is to grow the Bitcoin economy. The kids will find a way to spend their Bitcoin the way they want... So I hope every parent here now gives his kid's pocket money in Bitcoin only. Was this just a way to boost post count or.... 1) How do you expect any kid to use their Bitcoin "pocket money" 2) Where would a kid do this? 3) What can kids currently buy with Bitcoin? 4) You forget the mindset of most kids. Any kid aged 13 to 16 receiving Bitcoin "pocket money" is BOUND to do extensive research to where they can spend it, and about 95% of them will come across Silk Road. Not good. Yeah, maybe Steve from BitPay was trolling for post count too. https://bitcointalk.org/index.php?topic=86710.0 Jesus, it's getting hard to post a thought on this forum without someone attacking you for posting. Who cares if they want to raise their post count. That's a good thing. It means they are invested in their perception within the community and the more they post the more will rub off on them. If they end up a scammer later so be it. There's always time to browbeat them after they scam someone. Title: Re: Give your kids their pocket money in Bitcoin Post by: Scott J on July 02, 2013, 06:44:55 PM If you provide them with the means to convert to fiat, this is actually a good idea - it will teach delayed gratification for a potentially greater reward.
However, if your 16-year old son likes the idea of Silk Road it might not work as planned! ;D Title: Re: Give your kids their pocket money in Bitcoin Post by: jaywaka2713 on July 02, 2013, 06:53:47 PM Yeah, maybe Steve from BitPay was trolling for post count too. https://bitcointalk.org/index.php?topic=86710.0 Jesus, it's getting hard to post a thought on this forum without someone attacking you for posting. Who cares if they want to raise their post count. That's a good thing. It means they are invested in their perception within the community and the more they post the more will rub off on them. If they end up a scammer later so be it. There's always time to browbeat them after they scam someone. I only lightly browbeat him. I did ask 4 questions though to get his mind moving and to discuss his topic. Sometimes browbeating is necessary. Title: Re: Give your kids their pocket money in Bitcoin Post by: Teka on July 02, 2013, 06:57:34 PM Most parents give pocket money to their kids. If you forget, the kid will remind you about it, and this might be the best opportunity there is to grow the Bitcoin economy. The kids will find a way to spend their Bitcoin the way they want... So I hope every parent here now gives his kid's pocket money in Bitcoin only. Was this just a way to boost post count or.... 1) How do you expect any kid to use their Bitcoin "pocket money" 2) Where would a kid do this? 3) What can kids currently buy with Bitcoin? 4) You forget the mindset of most kids. Any kid aged 13 to 16 receiving Bitcoin "pocket money" is BOUND to do extensive research to where they can spend it, and about 95% of them will come across Silk Road. Not good. 1) I've manged to use bitcoin without any issues 2) Trading could be done on here or on sites that accept bitcoin 3) The most important thing to teenagers: videogames 4) I might be an exception but I now exactly what silk road is and I have never even been on that site. I think that bitcoin has thought me a lot of things including stuff like forex trading or negotiating with potential clients (check my trust for more info). Source: My own experience of the Bitcoin Market. Title: Re: Give your kids their pocket money in Bitcoin Post by: jaywaka2713 on July 02, 2013, 07:02:19 PM 1) I've manged to use bitcoin without any issues 2) Trading could be done on here or on sites that accept bitcoin 3) The most important thing to teenagers: videogames 4) I might be an exception but I now exactly what silk road is and I have never even been on that site. I think that bitcoin has thought me a lot of things including stuff like forex trading or negotiating with potential clients (check my trust for more info). Source: My own experience of the Bitcoin Market. I also forgot that not every kid is a bad kid and will find Silk Road, but its definitely there. I did a quick search and found MANY sites offering video games for Bitcoins so it could work out very well in fact. I just dont know if kids would want to jump through the hoops of figuring out Bitcoin, but it shouldn't be an issue as their parents are going through the hoops getting it for them. Some parents might also not like how there is no way to identify who their kids are paying. Title: Re: Give your kids their pocket money in Bitcoin Post by: Scott J on July 02, 2013, 07:06:25 PM "Here's your pocket money, son. Have fun, but I WILL be watching the blockchain >:("
Title: Re: Give your kids their pocket money in Bitcoin Post by: Teka on July 02, 2013, 07:08:24 PM 1) I've manged to use bitcoin without any issues 2) Trading could be done on here or on sites that accept bitcoin 3) The most important thing to teenagers: videogames 4) I might be an exception but I now exactly what silk road is and I have never even been on that site. I think that bitcoin has thought me a lot of things including stuff like forex trading or negotiating with potential clients (check my trust for more info). Source: My own experience of the Bitcoin Market. I also forgot that not every kid is a bad kid and will find Silk Road, but its definitely there. I did a quick search and found MANY sites offering video games for Bitcoins so it could work out very well in fact. I just dont know if kids would want to jump through the hoops of figuring out Bitcoin, but it shouldn't be an issue as their parents are going through the hoops getting it for them. Some parents might also not like how there is no way to identify who their kids are paying. I guess that's a fair point. At the end of the day, It will always depend on the personality of the kid. I learned a lot just by watching the weusecoins video so I guess that should be the first thing that parents should show and explain to their kids. Title: Re: Give your kids their pocket money in Bitcoin Post by: jaywaka2713 on July 02, 2013, 07:11:37 PM "Here's your pocket money, son. Have fun, but I WILL be watching the blockchain >:(" Doesn't mean anything though as they can't identify where the money goes. I guess that's a fair point. At the end of the day, It will always depend on the personality of the kid. I learned a lot just by watching the weusecoins video so I guess that should be the first thing that parents should show and explain to their kids. It is always up to the kid. That weusecoins video should be shown to everyone introduced to Bitcoin. It's very good and explanatory, but yet, easy to understand. Title: Re: Give your kids their pocket money in Bitcoin Post by: QuestionAuthority on July 02, 2013, 07:13:46 PM 1) I've manged to use bitcoin without any issues 2) Trading could be done on here or on sites that accept bitcoin 3) The most important thing to teenagers: videogames 4) I might be an exception but I now exactly what silk road is and I have never even been on that site. I think that bitcoin has thought me a lot of things including stuff like forex trading or negotiating with potential clients (check my trust for more info). Source: My own experience of the Bitcoin Market. I also forgot that not every kid is a bad kid and will find Silk Road, but its definitely there. I did a quick search and found MANY sites offering video games for Bitcoins so it could work out very well in fact. I just dont know if kids would want to jump through the hoops of figuring out Bitcoin, but it shouldn't be an issue as their parents are going through the hoops getting it for them. Some parents might also not like how there is no way to identify who their kids are paying. Nice. My youngest (still at home) gets the equivalent of $20 a week in Bitcoins sent to an Electrum wallet. I let her cash out to me if she wants to buy something or spend them on her own if she wants to. She bought a few things on Amazon back when SpendBitcoins still serviced the US market but since then she has become a hoarder. lol She keeps telling me that she's going to be rich someday from her allowance. They really grow up too fast (and listen to dad a little too much I think). ;) Title: Re: Give your kids their pocket money in Bitcoin Post by: Scott J on July 02, 2013, 07:52:01 PM "Here's your pocket money, son. Have fun, but I WILL be watching the blockchain >:(" Doesn't mean anything though as they can't identify where the money goes. Title: Re: Give your kids their pocket money in Bitcoin Post by: greyhawk on July 02, 2013, 07:59:48 PM 1) How do you expect any kid to use their Bitcoin "pocket money" 2) Where would a kid do this? 3) What can kids currently buy with Bitcoin? 4) You forget the mindset of most kids. Any kid aged 13 to 16 receiving Bitcoin "pocket money" is BOUND to do extensive research to where they can spend it, and about 95% of them will come across Silk Road. Not good. They can buy child porn. From what I hear it's porn, but for children. Title: Re: Give your kids their pocket money in Bitcoin Post by: IIOII on July 02, 2013, 08:02:26 PM If the aim of pocket money is learning about economic processes bitcoin is quite interesting but its currently limited spending possibilities and technical nature make it viable for older kids only, who can figure these things out.
Maybe paying part of the pocket money in fiat and part of it in bitcoin is an option. The best option would be talking about economy and various forms of payment and saving with the kid and then letting him or her choose a payment option for pocket money. Again this is only likely to work at a certain age. Title: Re: Give your kids their pocket money in Bitcoin Post by: Stuartuk on July 02, 2013, 08:16:21 PM An excellent idea! sweets for all!!!!!!!!!!!!!!!
Title: Re: Give your kids their pocket money in Bitcoin Post by: franky1 on July 02, 2013, 10:48:29 PM giving kids bitcoins is a noval idea. as it avoids that instant urge to spend money in their pocket. and it works well if the parent is also the FIAT exchanger.
the down side $20 ($100/btc)last week is only worth $16($80/btc) this week.. expect your kids to complain. unlike banks that can put customers on hold for 40 minutes or tell you they wil respond in 48 hours. you cant ignore your kids that easily this week most other times of the year they would be thanking you. Title: Re: Give your kids their pocket money in Bitcoin Post by: tacoman71 on July 03, 2013, 01:08:56 AM You can also somewhat track what your kid spends.
Title: Re: Give your kids their pocket money in Bitcoin Post by: mgio on July 03, 2013, 01:28:30 AM Um, I wouldn't let me kid under the age of 18 use the Internet. You guys are crazy.
I set up a bitcoin wallet for my gf and thought of giving her a couple of coins. Then I realized there wasn't anything she could do with them. Foodier doesn't even deliver in her area. Title: Re: Give your kids their pocket money in Bitcoin Post by: MicroGuy on July 03, 2013, 01:35:30 AM Most parents give pocket money to their kids. If you forget, the kid will remind you about it, and this might be the best opportunity there is to grow the Bitcoin economy. The kids will find a way to spend their Bitcoin the way they want... So I hope every parent here now gives his kid's pocket money in Bitcoin only. I've got this idea for a commercial where a mom is paying the babysitter with Goldcoins (GLD). It takes place 3 years in the future when everyone uses GLD for money. :) Title: Re: Give your kids their pocket money in Bitcoin Post by: jaywaka2713 on July 03, 2013, 02:02:24 AM Um, I wouldn't let me kid under the age of 18 use the Internet. You guys are crazy. Uhm, your parenting ideals are far more stricter than the rest of us. I was using the internet since I was 12. A LARGE majority of the people here are under the age of 21, and I personally think that is a HUGE plus. We have the youngest generation we can get here, and they will carry interest and support for Bitcoin and projects like it for years and years to come. Our generation will also see half of the lifespan for Bitcoin, and we will be able to make sure it works out. Anyone joining in 10 years from now really won't know what they are doing when they suggest changes unless they really look into Bitcoin's history. People joining in 30 years from now may not even care who Satoshi is. Title: Re: Give your kids their pocket money in Bitcoin Post by: DoomDumas on July 03, 2013, 06:41:51 AM Um, I wouldn't let me kid under the age of 18 use the Internet. You guys are crazy. Uhm, your parenting ideals are far more stricter than the rest of us. I was using the internet since I was 12. A LARGE majority of the people here are under the age of 21, and I personally think that is a HUGE plus. We have the youngest generation we can get here, and they will carry interest and support for Bitcoin and projects like it for years and years to come. Our generation will also see half of the lifespan for Bitcoin, and we will be able to make sure it works out. Anyone joining in 10 years from now really won't know what they are doing when they suggest changes unless they really look into Bitcoin's history. People joining in 30 years from now may not even care who Satoshi is. Nice perspective of the future user ! And for kids on the internet, I think it's important that at a young age they learn to use internet. I'll set up a computer in the living room for my child to access the internet, in this public room. For sure I'll have a nice linux proxy by wich all internet traffic will go trought, to filter and log. I'll be able to speak with them about good and bad thing they encounter on the net. Internet (and Bitcoin) = overall good revolution made worldwide, at a tremendous fast pace ! Title: Re: Give your kids their pocket money in Bitcoin Post by: AliceWonder on July 03, 2013, 07:48:34 AM When I was a kid, we had to look for porn in the bushes by the railroad tracks.
It's a lot safer on the Internet ;) Title: Re: Give your kids their pocket money in Bitcoin Post by: countryfree on July 03, 2013, 10:28:18 AM I hadn't thought at all about the silk road. I had thought of ice creams and T shirts. I feel sorry that several people thought I was, hmm, misguided. We are all looking for ways to increase the use of bitcoin, and I'm only suggesting one idea. Doesn't it make sense to start with the young? When I'm talking about bitcoin with the people around me, the young are much more receptive than the old.
Title: Re: Give your kids their pocket money in Bitcoin Post by: malevolent on July 03, 2013, 10:36:05 AM A LARGE majority of the people here are under the age of 21, and I personally think that is a HUGE plus. You are exaggerating a bit: https://bitcointalk.org/index.php?topic=24709.0;all edit: oh, you are 15, I get it ;) Title: Re: Give your kids their pocket money in Bitcoin Post by: Cyberdyne on July 03, 2013, 11:22:56 AM I regularly give my kids bitcoin but it's more like a 'college fund'. They're not really expected to be able to spend it easily.
Title: Re: Give your kids their pocket money in Bitcoin Post by: IIOII on July 03, 2013, 12:32:29 PM Um, I wouldn't let me kid under the age of 18 use the Internet. You guys are crazy. Uhm, your parenting ideals are far more stricter than the rest of us. I was using the internet since I was 12. A LARGE majority of the people here are under the age of 21, and I personally think that is a HUGE plus. We have the youngest generation we can get here, and they will carry interest and support for Bitcoin and projects like it for years and years to come. Our generation will also see half of the lifespan for Bitcoin, and we will be able to make sure it works out. Anyone joining in 10 years from now really won't know what they are doing when they suggest changes unless they really look into Bitcoin's history. People joining in 30 years from now may not even care who Satoshi is. Nice perspective of the future user ! And for kids on the internet, I think it's important that at a young age they learn to use internet. I'll set up a computer in the living room for my child to access the internet, in this public room. For sure I'll have a nice linux proxy by wich all internet traffic will go trought, to filter and log. I'll be able to speak with them about good and bad thing they encounter on the net. Internet (and Bitcoin) = overall good revolution made worldwide, at a tremendous fast pace ! I would never practice covert surveillance on my child. I think this is unethical. Also, in any relationship there has to be trust. Those who sow distrust will reap distrust. The best thing is to talk to the kids and explain why some things in the internet are harmful for them at their age. It may be acceptable to block certain contents for younger children, but never without explaining to them the reasons for doing so. Title: Re: Give your kids their pocket money in Bitcoin Post by: Hiroaki on July 03, 2013, 02:32:21 PM Quote Quote from: DoomDumas on Today at 06:41:51 AM Quote from: jaywaka2713 on Today at 02:02:24 AM Quote from: mgio on Today at 01:28:30 AM Um, I wouldn't let me kid under the age of 18 use the Internet. You guys are crazy. Uhm, your parenting ideals are far more stricter than the rest of us. I was using the internet since I was 12. A LARGE majority of the people here are under the age of 21, and I personally think that is a HUGE plus. We have the youngest generation we can get here, and they will carry interest and support for Bitcoin and projects like it for years and years to come. Our generation will also see half of the lifespan for Bitcoin, and we will be able to make sure it works out. Anyone joining in 10 years from now really won't know what they are doing when they suggest changes unless they really look into Bitcoin's history. People joining in 30 years from now may not even care who Satoshi is. Nice perspective of the future user ! And for kids on the internet, I think it's important that at a young age they learn to use internet. I'll set up a computer in the living room for my child to access the internet, in this public room. For sure I'll have a nice linux proxy by wich all internet traffic will go trought, to filter and log. I'll be able to speak with them about good and bad thing they encounter on the net. Internet (and Bitcoin) = overall good revolution made worldwide, at a tremendous fast pace ! I would never practice covert surveillance on my child. I think this is unethical. Also, in any relationship there has to be trust. Those who sow distrust will reap distrust. The best thing is to talk to the kids and explain why some things in the internet are harmful for them at their age. It may be acceptable to block certain contents for younger children, but never without explaining to them the reasons for doing so. +1 Censorship and total surveillance are usually not the right tools for education ! Title: Re: Give your kids their pocket money in Bitcoin Post by: jaywaka2713 on July 03, 2013, 04:38:39 PM I totally agree. I'll set up my children's computers to block porn, but other than that they're free to do anything on it unless I personally catch them doing something dubious (e.g. cloning phones, really bad black hat hacking, etc.)
Title: Re: Give your kids their pocket money in Bitcoin Post by: Peter Lambert on July 03, 2013, 04:51:30 PM My oldest daughter is 7, she tells me bitcoins are not real money they are just pretend :-[. I am still working on teaching her what money is.
I think it makes more sense to give kids their spending money as cash, and give them money to save for the future in bitcoins. Unless there is something they want to buy online, and then bitcoins would be great. Title: Re: Give your kids their pocket money in Bitcoin Post by: Robixen on July 03, 2013, 05:48:48 PM Quote Quote from: DoomDumas on Today at 06:41:51 AM Quote from: jaywaka2713 on Today at 02:02:24 AM Quote from: mgio on Today at 01:28:30 AM Um, I wouldn't let me kid under the age of 18 use the Internet. You guys are crazy. Uhm, your parenting ideals are far more stricter than the rest of us. I was using the internet since I was 12. A LARGE majority of the people here are under the age of 21, and I personally think that is a HUGE plus. We have the youngest generation we can get here, and they will carry interest and support for Bitcoin and projects like it for years and years to come. Our generation will also see half of the lifespan for Bitcoin, and we will be able to make sure it works out. Anyone joining in 10 years from now really won't know what they are doing when they suggest changes unless they really look into Bitcoin's history. People joining in 30 years from now may not even care who Satoshi is. Nice perspective of the future user ! And for kids on the internet, I think it's important that at a young age they learn to use internet. I'll set up a computer in the living room for my child to access the internet, in this public room. For sure I'll have a nice linux proxy by wich all internet traffic will go trought, to filter and log. I'll be able to speak with them about good and bad thing they encounter on the net. Internet (and Bitcoin) = overall good revolution made worldwide, at a tremendous fast pace ! I would never practice covert surveillance on my child. I think this is unethical. Also, in any relationship there has to be trust. Those who sow distrust will reap distrust. The best thing is to talk to the kids and explain why some things in the internet are harmful for them at their age. It may be acceptable to block certain contents for younger children, but never without explaining to them the reasons for doing so. +1 Censorship and total surveillance are usually not the right tools for education ! Title: Re: Give your kids their pocket money in Bitcoin Post by: tacoman71 on July 03, 2013, 07:49:36 PM Um, I wouldn't let me kid under the age of 18 use the Internet. You guys are crazy. Why wouldn't you let your kid use the Internet? That's overprotectiveness to the extreme. :oI set up a bitcoin wallet for my gf and thought of giving her a couple of coins. Then I realized there wasn't anything she could do with them. Foodier doesn't even deliver in her area. Title: Re: Give your kids their pocket money in Bitcoin Post by: malevolent on July 03, 2013, 10:24:52 PM I totally agree. I'll set up my children's computers to block porn, but other than that they're free to do anything on it unless I personally catch them doing something dubious (e.g. cloning phones, really bad black hat hacking, etc.) Implying there is anything wrong with... any of those. The only problem would be if there was an intent to harm someone. Title: Re: Give your kids their pocket money in Bitcoin Post by: frankenmint on August 16, 2013, 08:28:01 AM I totally agree. I'll set up my children's computers to block porn, but other than that they're free to do anything on it unless I personally catch them doing something dubious (e.g. cloning phones, really bad black hat hacking, etc.) Implying there is anything wrong with... any of those. The only problem would be if there was an intent to harm someone. Here's a half a bitcoin timmy - now dont let me catch you on silk road buying up porn or drugs with this! Would work better if there were 'merchant kit' versions of pdfs out there that taught kids to accept btc in different business ventures like lemonade stands garage sales bookfairs fundraisers etc. Title: Re: Give your kids their pocket money in Bitcoin Post by: Peter Lambert on August 16, 2013, 01:19:38 PM I totally agree. I'll set up my children's computers to block porn, but other than that they're free to do anything on it unless I personally catch them doing something dubious (e.g. cloning phones, really bad black hat hacking, etc.) Implying there is anything wrong with... any of those. The only problem would be if there was an intent to harm someone. Here's a half a bitcoin timmy - now dont let me catch you on silk road buying up porn or drugs with this! Would work better if there were 'merchant kit' versions of pdfs out there that taught kids to accept btc in different business ventures like lemonade stands garage sales bookfairs fundraisers etc. Here, let me get that for you: Step 1: generate an address in your favorite client or webclient Step 2: generate a QR code with that address Step 3: print the QR code on a sheet of paper Step 4: when somebody wants to pay you with bitcoin, have them scan your QR code Step 5: PROFIT! Title: Re: Give your kids their pocket money in Bitcoin Post by: Kuroth on August 16, 2013, 06:25:52 PM I totally agree. I'll set up my children's computers to block porn, but other than that they're free to do anything on it unless I personally catch them doing something dubious (e.g. cloning phones, really bad black hat hacking, etc.) Implying there is anything wrong with... any of those. The only problem would be if there was an intent to harm someone. Here's a half a bitcoin timmy - now dont let me catch you on silk road buying up porn or drugs with this! Would work better if there were 'merchant kit' versions of pdfs out there that taught kids to accept btc in different business ventures like lemonade stands garage sales bookfairs fundraisers etc. Here, let me get that for you: Step 1: generate an address in your favorite client or webclient Step 2: generate a QR code with that address Step 3: print the QR code on a sheet of paper Step 4: when somebody wants to pay you with bitcoin, have them scan your QR code Step 5: PROFIT! Hummmmmm LOL Title: Re: Give your kids their pocket money in Bitcoin Post by: crumbs on August 16, 2013, 08:14:45 PM 1) How do you expect any kid to use their Bitcoin "pocket money" 2) Where would a kid do this? 3) What can kids currently buy with Bitcoin? 4) You forget the mindset of most kids. Any kid aged 13 to 16 receiving Bitcoin "pocket money" is BOUND to do extensive research to where they can spend it, and about 95% of them will come across Silk Road. Not good. They can buy child porn. From what I hear it's porn, but for children. :D Perfect :D Title: Re: Give your kids their pocket money in Bitcoin Post by: Bees Brothers on August 16, 2013, 09:13:56 PM From Steve's thread last year on this subject.
https://bitcointalk.org/index.php?topic=86710.msg953646#msg953646 Update: The 6 year old, now 7, bought herself her own laptop when btc price was around $240. Title: Re: Give your kids their pocket money in Bitcoin Post by: aceking on August 16, 2013, 10:19:30 PM Most parents give pocket money to their kids. If you forget, the kid will remind you about it, and this might be the best opportunity there is to grow the Bitcoin economy. The kids will find a way to spend their Bitcoin the way they want... you are crazy ;DSo I hope every parent here now gives his kid's pocket money in Bitcoin only. Title: Re: Give your kids their pocket money in Bitcoin Post by: stevenh512 on August 16, 2013, 11:08:04 PM I also forgot that not every kid is a bad kid and will find Silk Road If I were 16 and just learning about Bitcoin because someone (parents?) gave me some "pocket money" in Bitcoin, there's no question that I'd find out what Silk Road is. There's too much information about it and a simple Google search will bring up at least a few pages that mention it. Personally, my curiousity would get the best of me and I'd download Tor just to take a look at it and see what it's all about regardless of whether or not I wanted to buy drugs with my money. Would I buy anything there? Probably not. Assuming I also had cash (or someone willing to buy my BTC for cash), if I wanted drugs it would probably be a lot easier for me to buy them at school.. not to mention safer, I wouldn't have to worry about parents wondering what this package was that I got in the mail or maybe some machine or drug sniffing dog in some postal facility finding it. Quote I did a quick search and found MANY sites offering video games for Bitcoins so it could work out very well in fact. Not all kids are gamers, but for a lot of teens I'd think this is where they'd probably be spending most of their BTC. Title: Re: Give your kids their pocket money in Bitcoin Post by: tmbp on August 16, 2013, 11:21:38 PM I just LOVE people that come here claiming "but dat durr SilkRoad" implying your kid couldn't buy a gram of crack with his lunch money dollars on the nearest corner.
Title: Re: Give your kids their pocket money in Bitcoin Post by: mises on August 17, 2013, 01:49:42 AM I would do this considering kids already spend most of their money on toys/games/gift items.
Title: Re: Give your kids their pocket money in Bitcoin Post by: SeansOutpost on August 17, 2013, 04:08:16 AM I already do this. And my kids are still pretty young 9, 7, and 5.
They see what we accomplish with Bitcoin on a daily basis, so for them, equating the value is not hard. What we need, is an app that would let you assign btc values to chores and tasks and would be like a personal bank account system for kids that their parents could monitor. They have versions of this concept that you just assign an arbitrary amount to that don't use bitcoin at all. Adding bitcoin to the concept would bring it full circle Title: Re: Give your kids their pocket money in Bitcoin Post by: worldinacoin on August 17, 2013, 04:12:35 AM Hopefully they don't go into Silkroad :(
Title: Re: Give your kids their pocket money in Bitcoin Post by: Lethn on August 17, 2013, 08:31:04 AM Quote If I were 16 and just learning about Bitcoin because someone (parents?) gave me some "pocket money" in Bitcoin, there's no question that I'd find out what Silk Road is. There's too much information about it and a simple Google search will bring up at least a few pages that mention it. Just because they can easily find it doesn't mean they'll go on it, I'm getting tired of just how patronising and arrogant a lot of adults are when it comes to children, they're far more intelligent than they give them credit for, in a lot of cases they're going to be more intelligent than the adults. Don't make the mistake of thinking because they can't express themselves very well yet that they're stupid, most children I know of would never bother with something like Silkroad or even gambling sites. That said, any adult I have to tell this to never gives a fuck to begin with and insists they need to lord over them for their own safety. Title: Re: Give your kids their pocket money in Bitcoin Post by: freedomno1 on August 17, 2013, 08:35:35 AM Hehe evil plot
Give your kid a bitcoin instead of a 100 dollar bond in five years Have kid then try to redeem it Watch with amusement as they try then forget ???? 10 years later Kid finds it Bitcoin is worth a lot more win :D Title: Re: Give your kids their pocket money in Bitcoin Post by: stevenh512 on August 17, 2013, 01:06:56 PM Quote If I were 16 and just learning about Bitcoin because someone (parents?) gave me some "pocket money" in Bitcoin, there's no question that I'd find out what Silk Road is. There's too much information about it and a simple Google search will bring up at least a few pages that mention it. Just because they can easily find it doesn't mean they'll go on it, I'm getting tired of just how patronising and arrogant a lot of adults are when it comes to children, they're far more intelligent than they give them credit for, in a lot of cases they're going to be more intelligent than the adults. Don't make the mistake of thinking because they can't express themselves very well yet that they're stupid, most children I know of would never bother with something like Silkroad or even gambling sites. That said, any adult I have to tell this to never gives a fuck to begin with and insists they need to lord over them for their own safety. Did you actually read my post before taking two sentences out of context and trying to make them look like they meant the exact opposite of what I said? If I were 16 and given Bitcoin, I would definitely find out about Silk Road and I would probably look.. but I would't buy anything there. (bolded since that was my actual point that you obviously missed) I doubt most teens would buy anything there, for a few reasons: 1) Not all teens are into drugs, if I had to guess I'd say most probably aren't, if drugs being readily available were going to change that then every teen who goes to school would already be addicted to crack. 2) Most teens who are into drugs try to hide it from their parents. If they bought on SR instead of on the streets or at school, how are they going to explain these packages they're getting in the mail when their parents ask? 3) Why the f*** would you buy illegal drugs online and have them shipped to you in the mail? Maybe I know better (and knew better at 16) than most kids do since my dad worked for the post office.. but buying illegal drugs through the mail is a horribly stupid idea. You're just begging to get busted. Title: Re: Give your kids their pocket money in Bitcoin Post by: faiza1990 on August 18, 2013, 06:07:37 AM this is actually a good idea - it will teach delayed gratification for a potentially greater reward
Title: Re: Give your kids their pocket money in Bitcoin Post by: areebmajeed on August 19, 2013, 02:05:18 PM "Here's your pocket money, son. Have fun, but I WILL be watching the blockchain >:(" LOL Title: Re: Give your kids their pocket money in Bitcoin Post by: faiza1990 on August 19, 2013, 02:49:25 PM "Here's your pocket money, son. Have fun, but I WILL be watching the blockchain >:(" LOL cheers ??? Title: Re: Give your kids their pocket money in Bitcoin Post by: atomium on August 19, 2013, 11:06:47 PM as long as there is a big marketplace to buy products with bitcoin, they will find ways to use it and play with it
Title: Re: Give your kids their pocket money in Bitcoin Post by: tspacepilot on August 20, 2013, 02:17:17 PM Hmm, seems cute to give your kids bitcoins, but maybe more along the lines of an investment than pocketmoney. I remember my grandma giving me a 10 year usgov't bond when I was young. Some kinda thing where I was going to be able to cash out 100$ in 10 years or something. If you gave your kid 1BTC and explained that if the price rose to $1000 .... (just wait and watch, etc).
|