Bitcoin Forum

I am free from work this weekend, so I decided to make it useful. At first, I never knew what to do today to make my day fun, so I decided to do something I considered meaningful for myself, but I also wanted to hear the opinions of this community, which is why I created this thread.

There's a meet-up program carried out in my nephew's school, and as the theme of the program implies, "Catch them young." The program is carried out once every year. The purpose of the program is to identify the in-born talents of students, both children and teenagers, usually aged from 9 to 19.

From the idea of that program, I came up with the idea to teach my nephew about Bitcoin this weekend. He is just 11 years old. Last year, in the "catch them young" program, he was identified as a kid with the zest and curiosity for research. He was given piles of books to read and feed his curiosity about science and some mechanical activities taking place around his environment. 

He spends his free time reading and watching lots of science videos on YouTube. 

If I had known about Bitcoin in 2010 or 2012, I may have had more than 1 or 2 bitcoins by now, but no regrets; gradually, I will accumulate more bitcoin over time. 

Giving my nephew the privilege of knowing about Bitcoin and blockchain technology is a really interesting thing I find myself doing today. He's still young, and even if he's not going to invest now, having knowledge of blockchain technology and Bitcoin is not as bad as I thought. Often times, children grow up knowing some important things they learned when they were young. If that knowledge was really good for them, they broadened it as they grew. 

I decided to teach him.

1. What blockchain technology is and how it works

2: define bitcoin and the inventor.

3. Decentralization is important to Bitcoin investment. 

4. The disadvantage of investing wrongly without full knowledge

I just gave him some primary knowledge, just like a class he would expect to have had in school. I will love to take him through the class some more times. 
https://iili.io/HH9FbmF.md.jpg
https://iili.io/HH9Fpzg.md.jpg
https://iili.io/HH9FdH7.md.jpg
https://iili.io/HH9F9l2.md.jpg
https://iili.io/HH9F2R9.md.jpg
https://iili.io/HH9F3Ne.md.jpg

Guys, I hope I was not wrong to think this knowledge was good for his age. I hope to hear your opinions. 

Dr.Bitcoin_strange 💌

Although this is just my personal opinion, I would feel sorry for your nephew. Give him a ball and let him go play football with his friends. Knowledge about bitcoin does not take much time; you can explain everything to him when he gets older. But God, I see a blackboard and a teacher, and someone standing with a movie camera. Made me laugh. It is clear why these photos were taken. For an eleven-year-old child, it also takes practice to captivate him. Does the child have pocket money? My son usually spends them on his games, sweets, and other needs that are interesting to him at his age. Knowing from experience, children rarely agree to save for an extended period of time. But your nephew will eventually need to experience everything firsthand. Will he be able to buy himself a certain amount of bitcoins in order to fully feel like a young investor?

I really can't tell from the picture, but I hope your nephew isn't like too young for you to introduce Bitcoin. Personally, I'd say a minimum of 15-16 years old. Any younger than that, they would probably have a hard time understanding as they probably don't even have a slight idea on how traditional currencies work.

With any investment, it's important to understand how things work. For cryptocurrencies, it is very important and even more complex than for other investments, because there are many things that can affect its value.

What you are doing is very interesting. Teaching them about the basics of investing can give them a more thorough knowledge of what it takes to get started. It will be interesting to see how Bitcoin changes over time. eventually they will see it applied to everyday life and become a way to pay for everyday items, which will make it important to follow.

I think that there is an increase in threads about teaching students, pastors and now a nephew about bitcoin. I’m not against trying to enlighten folks about bitcoin.
I do not want to doubt the OP intentions of teaching his nephew about bitcoin, yet I’m inclined to think accolades is what’s desired here.

I've commented on something similar in a different thread. They say to teach your kids what bitcoin/cryptocurrency is, and I say this;

Almost similar to this, right? The difference is: nephew.

I'm not saying you're wrong. Teaching them early might be good for some people, ^{not me}. But if you really want to teach them, try to teach them in a fun way instead of giving them a work presentation (those photos said that thing).
I once taught in an elementary school for 4 years (2007-2011) and enough to make me understand what they want; play.

This is actually an excellent idea for educating your nephew. But there is something wrong in the learning method used. Your nephew will be bored with how you teach and explain what bitcoin is and its technology.
Even I myself will get bored seeing a lot of foreign texts that I don't know about.

If you changed the method of how to teach 11-year-olds maybe it would be better. There must be a little change so that he is interested and learning about bitcoin and blockchain technology will be captured and digested properly.

Maybe it could be with some animated videos and not just text.

For an 11 year old to be interested in it, you must show the utility. You must go hands on, show him how to operate a wallet and send to different adresses. Show him how to buy things online, for example

I learned bitcoin at Age 14 , To buy stuff online without a credit card. The initial interest in bitcoin came from the use to buy things online. The facination about the new monetrary standard and sound money came later.

 If someone had taught me bitcoin then, but only talked about how it could be the 'new monetrary standard', I would have pretty much zero interest. Make sure you show how it can be used.

Young people who have not yet known the true meaning of life can misinterpret the gesture of trying to teach them about money as you being a boring relative to them.
 Since he already has the habit of watching YouTube videos, it means that he can actually do well if you show him some youtube videos concerning bitcoin where bitcoins and cryptocurrency are explained in the simplest form. But as much, you should also encourage your little nephew to still be engaged and not neglect his childhood activities as those activities assist in mental development as well.

You should also engage your nephew in other fun activities and games that he likes, so you don't become the relative that always wants to bore him.

It is a nice move, but the person you are teaching has no writing materials. And remember human brain is not a computer which can cognitively captured everything without writing. Then the teaching can be done without writing those plenty write ups. And the way I see the learner he is not ready or serious about what you are doing. No table, note book, and even pen is not found in front of the learn. Is it pre- arrange lesson?

Only one person doesn't need all these mostly the white board and marker. If he is ready to learn, simple guideline and instructions through a mobile phone is okay. Your effort good but in a wrong approach, in the sense that the learner is reluctant.

man the pastor's story made me laugh for days, honestly I was imagining so many funny things that just made me laugh a lot, for example: "the pastor receives 1000$ of donation in bitcoin" and he is very happy and days later the price drops a lot and the 1000$ becomes 800$ and he gets very irritated, with that the guy who made the donation when he gets to the church will look at the pastor and see the pastor with a lot of sadness. well leaving jokes aside the truth is that 11 year olds don't want to know about investments, they want to play with friends so there's no point in forcing them to know about something they won't even use anytime soon

---

your gesture is very good, but it would be better used if you are teaching people over 18 years old, an 11 year old child doesn't even have a bank account, they can't get much money, so talking about bitcoin to a child I think it wouldn't be a good move, let him go have fun with kids his age, he still has school stuff to study, but talking to him about money can lead him astray, bitcoin and cash, the kind of thing that increases a lot in price , that in a child's head can be a bomb. i hope you analyze this

If you want to make a 11 year old not hate their life, the best way to teach them about Bitcoin is by explaining it in an entertaining way.  I, like most other kids, did not find school entertaining in any way so when I see a whiteboard I kind of get some PTSD from it.

Terms like 'network', 'peer to peer', 'trustless', 'reconciliation' et cetera are definitely too advanced for an 11 year old understand the Bitcoin stuff so if anything, they will struggle understanding and ultimately probably feel uncomfortable.  There are a few educational games I reckon and they may be more fun and helpful for the kid.  Also, an ELI-5 explanation seems the perfect fit for this situation.

Anyway, good job trying to teach the kid some financial stuff but try to make it fun, not a burden.

-
Regards,
PrivacyG

I am always happy each time I see people make efforts to spread the good news of Bitcoin. You have done well OP.

I don't think that little boy needs a pen because an 11year old boy might not be able to take notes during lessons. At this stage, children mostly learn through play and demonstration and not through the lecture method as OP did.

You are also introducing the child to other complicated areas which I think would be above his cognitive level except if he is a gifted child. The Education head in my country complained during a recent meeting with education stakeholders that parents are forcing their children to become adults prematurely. They want their children to understand and do what adults do by force. This is negatively affecting children psychologically and emotionally.

Well done OP for the effort. I do not know about you but if I were your Nephew, I don't think I would learn anything largely because of the medium through which the learning is conveyed. It looks boring. For Christ sake, he is your nephew -  shows him some interesting stuff about bitcoin on your computer. Take him to YouTube and let him see some bitcoin animations. Learning should not be this boring. I suggest a post -test.

You have a point because kids within the age of 11years always want their independent, also showing the habit of been strong and spending more time with friends or some hobby but we also have some kids in this age range that full of curious and always want to learn new things just like we see in the little kids that make some thousand dollars through NFT.

Teaching children about bitcoin is a good idea but there must be a particular aspect and the extent to which you should teach them, bitcoin education is good for children just to make them aware of the existance of digital currency bitcoin being the first one and as a means of investment or store of value bit not for them to begin to think about investing while still young except if you're going to yake advantage of them, the only one you can do is only to your own children if you can help invest in bitcoin for them and teach them when they grew older.

From what I can see in one of the image that your nephew is in, I think he looks too young to understand bitcoin. At this stage what he needs more is fractions in mathematics,  children understand and have more interest for mathematics when they are young. The boy I'm seeing here I don't think he needs bitcoin at this age. I'm not sure if he knows the value of his tradition currency,  someone who does not know anything about fiat currency,  bitcoin won't  be anything of value.

Many people are old in this forum will had started their carrier from 2013-15.After the huge rise after the 2017,huge people get into the forum.The forum give the economy stability to the users by giving them a weekly or monthly payment.Since you teaching your cousin with the age of 9-19.He will be the future generation will added huge people to the forum.They will make huge investment to the crypto currency.

Yeah I actually don't buy the idea of children(below 16 years old) been thought how to invest so early. Rather they should be brought into or tutored about cryptography, that’s if its someone thats good and love numbers. A little grooming will give them life in programming. I feel this will actually lead them to cryptocurrency from cryptography.

Because you can't learn cryptocurrency without investing in it and at tender age they don't have the money to invest in it.

Too much information will lead to confusion, at the end if you push too much knowledge in one go, your nephew will remember nothing.  You should have told it slowly and if possible in a fun way.  I agree with the earlier reply that you should have let your nephew play games with his friends and retackle the learning when he is old enough to have a grasp of the economics and technicalities of Bitcoin.  

I will admit that based on what we see on the pictures the class does not seem as the most fun thing to do a kid could do with his time, however there are kids which are very interested at specific topics from a very early age, and if this is the case then I think the lecture makes sense, however I agree that I would prefer kids to be kids and to not worry about things like money until they are older, after all we only have a few years to enjoy our childhood and a whole life to worry about money issues.

At this age if he had learnt about or came to know about it of his own this could've been more interesting. OP's nephew used to read good number of books and science videos. OP should've suggested him to watch some videos related to blockchain and cryptocurrency. Further if he had got interested and known well about it, OP should've briefed him. Now the program won't get effective outcome from the 11 years old guy for the much expected program Catch them young. Anyhow this is an appreciable effort.

That's very good to see people teaching other people about bitcoin, there is this forum I saw many people doing the same thing in different situations, some of them were teaching bitcoin in schools or universities, and even some of them were teaching about bitcoin in the church to other people and in all these cases people are trying to spread knowledge about bitcoin in all over the world and this will be definitely a big shiny signal to see more demand on the mark near soon.

You're not and you're doing it good and right. Little knowledge is dangerous and that's why you have to teach almost everything you know to your nephew.

At a young age, he'll be more open to the ideas about the real world and that's why it'll inspire him at least if there will be an impact of this effort you've done to him.

If there's not, that's okay because soon he will still remember the day you've taught him about it.

Anything that shows dedication on sharing up valuable information or things specially into his/her relatives is something that commendable on every way.
Its true that everything should be taught although its on exemption when it comes to technical aspect since it would really be a mind blowing thing or something
these young minds couldnt be able to comprehend.This is why it would really be that mindful whether you would be teaching the most simplest
way on understanding basing or according to his capability on learning up new things.

I also think that it is better to let the kid watch videos about Bitcoin first, before tackling and discussing it to him.  Kids that enjoyed what they watched can easily learned the thing that is in the video. So in order for your BITCOIN LESSON 101 to be entertaining for kids, you should search for animated video that explains bitcoin in a simple way.

This list of Bitcoin video are short but it is very informative.
https://www.youtube.com/watch?v=Gc2en3nHxA4&t=4s

while this next video can further explain what is tackled on the first video.
https://www.youtube.com/watch?v=L-Qhv8kLESY

You can also try to check this playlist and see what idea and interpretation you can salvage from this
https://www.youtube.com/c/Bitcoinwithpaypal/playlists

Though the first video is very light and informative the next videos are kinda long and somehow boring but it will give us more insight and example on how Bitcoin work, it is up to you @OP on how to make these information entertaining and easy to grasp for the kids.

The question is, would he be fine knowing to take risks involving money at his age? 'coz investing might yield to gambling; there are no assurance of winning on both activities  but ofcourse investment is different. Also, would he be interested? At the age of eleven, most of the children are not having that much of interest with money, meaning, you might just ruin his time pushing him into something he/she is not yet interested with. I do get the point; it is somehow a laderized teaching approach so it would be systematic and not forcing the child to do so. If he/she would be growing in such field, then that's good. But be sure you won't take his/her childhood just because you want to impart something. There is always a right time for everything and most of those times, interest is the bottomline.

After you teach those things to your nephew and you ask him again, did he learn anything and understand anything? I bet you he won't understand, 11 years old is a very young age to be able to absorb these things. Even when we are acquainted with bitcoin for the first time or heard about bitcoin, we still cannot understand or do not want to hear about it, how can a child absorb such things.

Teaching bitcoin to others is a good thing, but it has to be the right audience. You should find friends and relatives with investment needs, teach them about bitcoin instead of your 11-year-old nephew.

Well, 11 years old is not already old enough to learn about crypto, about Bitcoin. But as long as your nephew is interested in this, I believe it was the perfect time to teach him. In fact, a lot of people/parents are doing this already but we are not sure and have no update on the results. I know it was a great idea but I'm not sure if it is really productive.

It can be techy you know and it takes time. I think it was best for OP to teach him in a very simple way so it can be easy for him to understand and at least start the basics.

First of all, I really appreciated your efforts to your nephew despite that he is only 11 years. Despite he is the only one listening, you still spend time and effort just to make him understand about Bitcoin. It gives him the edge over the others who has the same age as him about the knowledge he got from you about Bitcoin.

Man it’s going to be pretty awesome to study Bitcoin while we are still in our younger years.

Well, I agree with this and I think that age ^{[11 years old]} is not bad to learn in advance in crypto.
This kid will surely learn and understand what is bitcoin and how useful it is because he learns first the usage of bitcoin not how to make a profit. Nowadays people think that bitcoin is an easy way of making a profit, they think always profit but not how bitcoin will use.
I hope there are people that the same on OP -- if there who is willing to learn about bitcoin don't hesitate to teach them in the right way.

If it's just basic knowledge about and functions of bitcoin, then it doesn't matter because your nephew must also study and study the lessons given at school properly because that is also very important. And there is no compulsion, just awareness out of curiosity or curiosity.
and just basic knowledge about crypto or bitcoin I'm sure many people do it without coercion including me. And for the next let them ask, then we will answer them briefly and easily understood and tell them that bitcoin is the future.

Maybe explaining bitcoin by analogy with patterns, pictures, even objects around it will better help your nephew absorb lessons realistically, not just empty imagination. I honestly doubt that your nephew has even heard a few words of technological terms related to bitcoin.

I was also at that age, and certainly prefer things that are more relevant to real life.

I was still quite hesitant to teach my nephew about Bitcoin and Trading. Actually, I feel like helping him to talk about bitcoin and trading so that he can increase his income. This is because of my experience of inviting some of my neighbors who were ultimately unable to survive. Besides, it seems that their money is also gone, in fact they don't blame me but I feel wrong.

Although actually if I look at them they are not too serious about Trading. They have a staple job that is quite time-consuming. But maybe I'll try to introduce that nephew of mine.  ;D

You did very well OP. Onboarding your nephew was a good thing you did. You just thought him how to fish buy teaching him to be independent. This you did he will never forget. I hope you did the teaching practical by showing him how to setup wallet and other technicalities involved so that he would not have any issues calling you back for some reason as regards to the work you already had done.

You are doing the best you can to teach bitcoin to your nephew; hopefully, your nephew can understand the basics of bitcoin.
I think you need to explain to your nephew about the investment side of bitcoin and don't say much about trading because, at such a young age, he hasn't learned how to control his emotions while trading.
It would be better to set aside some of his money to start investing in bitcoin once he understands how to get started.
You must continue to accompany him in learning bitcoin, especially about self-control, because this is very difficult for young people.

I think it's better to teach him what bitcoin is and how it is different from the paper money we are using. Don't talk about investing with a child, they won't be able to understand or get them involved in gambling games. 11 is the age to go to school and have fun with friends, not when you teach them to make money anyway.

From the pictures the person I m seeing seems to be age 12 or 14 years, this sets of people do not give a listening ear to anyone just talking to them without something they could draw their attention to look more of like a school or classroom before such can give you attention. I think is pretty cool the way he uses whiteboard to teach his nephew otherwise there will be much of distraction moreover when he's not jotting down what his saying.

It depends on the learning capacity of an individual also. Some people are talented and can grasp lot of information in less time. His nephew might belong to that class only.
However, in general, there is no point in teaching a child about Bitcoin. Children do not have interest in these things usually. Most of the children are interested in online games or reels or TikTok and we should let them enjoy their childhood. When they grow up, they can pick Bitcoin as a subject of they are really interested in it.

Yeah, I think it is much simpler if OP said, "save Bitcoin it will make you millionaire one day".  That is way simpler than telling him the technicalities of Bitcoin.  Some practical lectures of setting up wallet and how transfer is made will be easily understood by 11 years old kid.  I honestly don't think that there is a need to elaborate Bitcoin to the kid  too much. After all, I believe the main purpose of the lecture is to tell the kid that Bitcoin can make him millionaire one day.

I don't like the learning method like the OP did for his nephew, looks ancient for something as digitalization related as bitcoin. But there's nothing wrong if it's actually an initial introduction to bitcoin, but it would be better if they learned it directly online with a method that is easier to understand. Also I don't think everyone will be interested in the technicalities of bitcoin so teaching anything broader than the basics would be very difficult and tedious.

I've never done what the OP did to anyone, this is not a practical way to teach someone about bitcoin. I tend to ask someone who wants to learn about bitcoin to read, and they're allowed to get an explanation of what's stumping them. The initial stages are nothing more than basic, but if they are interested in the technicalities then they can enter at next stages.

Everything that had been taught is never been that considered better.Every informations been shared is really that just right, neither you would be focusing on that investment probabilities or chances or talking

solely or focusing into its utility but making those lines or beliefs on which you do emphasis on making you a millionaire which isnt really that something right on some sense, we know that there's no guarantee when

we do speak about future events which it would really be that it is important that you do give him no assurance and explain about the risk so that everyone whom you do taught will
not really be that too optimistic or would really be ending up on being desperate.

Well, you cannot do anything if the only available resources are a whiteboard and a marker pen.  At least there is a visual presentation of the lecture rather than just talking it out without any means to read it.  Though I believe he can use mobile phone to make the kid watch youtube videos that simply explain Bitcoin.



I think it is alright as a starter.  A student needs to see a tabulated explanation of Bitcoin and how it works.  Actually, in a formal lecture, it is very effective to inculcate in the mind of a listener the terminologies and definitions of Bitcoin.  Of course, it will be extremely highlighted if after the lecture comes the video presentation.

So, he is 11YO. Wow, reading how they give the kid activity, I don't know, but isn't it too hard? But, well come back there again that your nephew has been analyzed as that, and probably his hobby is like that. But, did you ask him about what he wants instead of giving him activities referring to the results of the program? I mean, sometimes, kids still want to play more instead of learning, however, giving him piles of books and learning about those hard materials is. Wow, this doesn't force him to work harder?

I know that learning from earlier may be important, and introducing him to BItcoin and crypto technology from earlier may be not wrong. This can be a way to teach him about it. But please, you need to give him a more interesting strategy to make him not really pressure or to be more excited for learning and plaing ta once. But, I really appreciate this effort to intrude about BItcoin ealeir.

I've experienced before that it's not really a good thing to share things with your relatives because you don't know if they've got pure intentions. And also, they might think the same as you if you've got pure intentions of what you do.

That's why I try to avoid something like this based from what I have experienced before. But still salute to those folks that are not selfish and still gives to the people that they want to share their knowledge about bitcoin.

I'm not selfish but this time, I've not just randomly talk just as before even if I'm talking to my neighbors or relatives.

Everyone have it's method of teaching people of cryptocurrency, because i believe that cryptocurrency education is something that take place step by step, op the length you have gone from the starting of teaching your nephew of cryptocurrency technology is really okay, but for it to understand what you are able to impact on them or him as the picture indicating male gender, you are suppose not compile many of the knowledge of cryptocurrency for easy understanding of cryptocurrency.

I first thank you for your work. You have taken a very nice step and decided to build a man. You will explain him very well and perfect his future. If she is unemployed then it is your duty to make her life jobless because she is your niece. However, we should all be educated on Bitcoin education like you. If we can teach any people like this then surely we can make our country jobless. So we all should take such steps like you.

actually teaching children about bitcoin, of course, in my opinion, there will be two differences of opinion, namely.

1: it is very good to teach children about bitcoin at an early age so that when they grow up they really understand about bitcoin. and of course good opportunities for its economy in the future.

2: not can at teaching kids about bitcoin. because it's not the time for children to know about the economy and bitcoin because childhood should be filled with activities such as playing.

but in my opinion teaching your nephew about bitcoin is of course very good as long as there is no element of coercion.

OP you did well in teaching your nephew about bitcoin it is a good thing but next time when teaching these level of children try not to be too serious, your nephew might see you as someone trying to force him on learning. Children of his age sees learning to be fun in other to catch their interest because he still has a light brain
.
Use a computer that we teach will with animated videos and it will make it easy for him to understand though we are all not good teachers but doing our best to teach better. You have done something great for the Bitcoin future users,no knowledge is lost try and teach him in this suggested ways by members of this forum next time.

You are all corporately dressed up and with a whiteboard to teach your nephew about BTC at home ::), i do not support teaching children about BTC, but if you must teach them i will propose for it to happen in a less serious way than this, using your laptop or casual talks over the dinner table about BTC is okay, just that you may not be able to take photos that way ;). Many member's have been making posts of them teaching BTC to their students, friends, nephew, etc, good luck to the lot of you, but maybe posting it is now unnecessary.

Kudos to you OP for teaching and starting them young! Though one recommendation is that you should explain BTC like you are explaining it to a five-year old. Instead of stating complex and technical concepts, simplify it to the best of your ability so that they would easily digest and understand it.

I also tried explaining BTC to my peers but they seem to quickly dismiss the idea, saying that such was too complicated for them to understand. I guess another recommendation OP is to show actual pictures and associate it with more-common things for easier understanding.

Nonetheless, I applaud your patience and commitment to your project! Good luck, OP!

Let make say that people have different mindset of expanding the knowledge of cryptocurrency to others, in this particular aspect you are emphasising on. It's perfectly good to start teaching or educating kids the technological impact of Bitcoin, but not really the methods of investment via generating of funds, because in this process, i believe that Bitcoin investment at early stage of children will make them to be money conscious. So from my perspective, children supposed to have a specific or pronounce age before any father or parents will educate it's kids on the way forward of making money through Bitcoin.

You can watch movies, play games, go out and so on, only to make your day off more fun but you didn't do that. You just sacrifice your own happiness for the sake of other people. This is what I like about you. I see that you also wore a proper attire and use a whiteboard like you are some kind of a teacher and you are teaching inside a classroom. This is amazing but I think you do this on purpose and that is for your nephew to take things seriously.

I don't see anything wrong with the subject that you use. They are perfect for beginners but you can also add more after it. Your nephew is 11 years old but it's better to teach them early about it because it can help them change their life for the better.

This is cool; you really dressed up. I would suggest that you invite your other nephews or her friends and teach them, as the child can learn more if there are other children around. Thought is a great job. Just continue it and try to show them how to transact in real time, or you can also gift them a small amount of bitcoin for their graduation (if you plan to teach them full lessons). You can also try to educate your cousins or other family members who are interested in bitcoin so that you and your family are aware of it.

If you do not teach children about finances early on, then they are going to grow up learning about it too late. When I was just 7 years old my father started to talk about finances, and I learned everything I learn from him, and saving a bit aside whenever you get your salary and consider that never existed was the biggest lesson, if I bought bitcoin with it for the past 7-8 years, today I would be a wealthy man, with tens of millions of dollars easily.

However, I wasn't sure so I didn't do it, and that’s why it’s not that easy, it’s going to be a bit of a hard time before I could end up with that much bitcoin but at least I keep doing it, no matter how much, even if it’s just 20 bucks I will buy bitcoins with it when I find some money.

Financial economics is a subject that is included in schools, so it is a good thing for children to be exposed at an early age because it will train them to be thrifty from an early age, just like any parent who teaches their children to be frugal from food to everything. But with bitcoin, it's just a risky investment, it's not the kind of economic knowledge everyone needs. Today to learn about bitcoin and how to invest, you can learn anywhere and it only takes a few months for you to master the knowledge.

Even adults like us when we first see the volatility of bitcoin panic and if you let that happen to a child it will be a shock to him. Bitcoin is a risky investment and if you don't keep a close eye on when he gets into bitcoin, he is more likely to fall into a gambling trap than save with bitcoins.

Many of these people posting pictures of them teaching people about bitcoin maybe thinking that they are doing the forum some kind of favour by teaching people about bitcoin or teaching people to join their community.
I don't see any big deal in telling someone about bitcoin this is pretty what everybody can do by themselves even by mere  passing information to someone they will know about Bitcoin.
If I check myself and see what the volatility has done to me in life I will not think of teaching anyone about bitcoin unless they get to the age where they make money by themselves

It wasn't a debate OP if it is right or wrong to teach a kid like 11 years old because as long as he is able to understand it and has an interest in learning this, that is really a good chance. In fact, it is all about learning the basic things about Bitcoin, it is all about spreading the right information so he can make use of it to correct someone who does and spread wrong information. Might we be doubtful about the result because of his young age but I see this is even better to start from an empty mind than those who have already negativity inside as they will able to learn fast and absorb the information.

teaching your nephew about bitcoin I think it's good especially when your nephew is young, of course it's very good. moreover, usually young people have good minds. and usually when teaching young people it is very easy because young people usually easily understand any lesson that is told by their teacher or other people. so what you are doing is good

It is really good you are giving the child a knowledge about crypto, but going into bitcoin is particular is going to confuse that boy, this is jus like teaching a child about casino which all they will think of and grab is the advantage that comes afterward and not the disadvantage therein, I could advice you teach the child the basis knowledge base on his field and what he is interested on, if he like computer and good with maths, you should channel him and educate him towards programming. No knowledge is lost, but this child is really not ready for this now.

young people being educated about bitcoin is something very good. young people can know broadly what bitcoin is and can be understood fluently by them. especially at a young age, is an age where there is always an extraordinary curiosity about something that makes them curious.

Good ideas when teaching OP's nephew about Bitcoin but based on term of service several exchange market need KYC procedure and allowed above 18+ years only. I think teaching 11 years old kids is have problem when deposit or withdrawing BTC assets however he hasn't bank account or not possibility passing KYC with exchange market account. But have positive side when teaching 11 years old kids with Bitcoin because they can understand early about Bitcoin what kinds is it.

I don't think with 11 years old kids easy understand about how complicated with Bitcoin, I know with Bitcoin after passing collage and little difficult to understand how Bitcoin working and earn profit trough without haven't capital for trading or investing in Bitcoin.

Even though some people disagree with your opinion about giving basic bitcoin knowledge to your 11 year old nephew, I support you. because I myself have a 9 year old son and I have given him basic knowledge about saving in bitcoin. even though it looks like imposing too much on minors, but it's better than teaching spending money just for snacks.
but back to your nephew, if one day he starts to get bored or bored with the lessons about bitcoin that you give, try to understand and let him be free for a while. I'm sure, if a minor has an interest in saving his money in bitcoin (like my child) of course every time he will always ask all the time about bitcoin.
keep sharing your good experiences with others mate

Not really sure but I think the kid in the picture is still aging below 15 years old so most likely, his interest is still into games, and not in into finances and currency. Although your idea is good OP but the timing is not yet appropriate to his age. Let him ask first what he wants so you can assess what to teach to him.

Although OP has a good intention for his nephew but I think the way he introduced bitcoin to the kid is not quite interesting. It should be taught more with colorful pictures and videos since the learner is still very young. And most probably, if the kid is still 11 years old, his interest with cryptocurrency is hardly developed yet, and he prefers more on games than serious topics like cryptocurrency.

Actually still depend on how he had able to represent but its true that for an 11 year old children then it would really be that not precise nor good on getting its attention on this way.
I agree that it should be somewhat that colorful or something that presentable where you would really be getting along with a minor.For sure it wont really be that easy
to understand on the first place specially if its your first time but every steps or actions that had been made, as long it do really touch out the essence
on spreading up exposure and awareness is always been a commendable thing.

Bitcoin is always an exciting topic but for only those who have high interest in crypto and traditional currency. However, for a kid that seems so young, I guess teaching bitcoin is not yet the right time to do. Or you can ask him if he really want to learn bitcoin at his young age, because I believe in most of his age, traditional games are still his high interest, or let’s say those online games that he can play in his gadget.

Nice work OP, I believe your nephew will never forget these day that you impacted him a great future into his life, that his generation will love to hear the story. I think, before he will get to 15 or 16 years he will get master of Bitcoin, and how someone can use it positively in the community to attract other people to be part of the progress in the society. If your nephew can keep to those things you teach him, and put them in practice morning and night, I think he will be a better person in the community because many people are looking for a good teacher like you who can teach their children about Bitcoin at their age so that when they get to 17 or 18 years they will become a good bitcoiners.

You've done noble and I wouldn't stand to condemn your act but the truth also be told, this kids shouldn't be bombarded with a while lot of things based on some assumptions and our own major beliefs.
You stated that "if you've known Bitcoin earlier, you would have gotten upto 1 or 2 Bitcoin by now" and you also added no regrets but I think you're making lots of regrets and now want to correct them through your nephew.
This isn't catching them young as you should also know that crypto currency has a while lot to do with our mental and emotional state of being and one should be of age before engaging them of such.
Rather than bombarding him with lots of cryprocurrency stuffs while not let him grow and you guide him and try to help him discover what he loves.
You should also know that, there no free Bitcoin no more and this knowledge you're trying to impact In him wouldn't be relevant without money.

OP's nephew is 11 years old and I can tell he's too young to absorb the concepts of bitcoin or currency, with a kid like that you don't even need to ask him what he wants. Let us put ourselves in the shoes of the boy's age group, they are just like we were when we were kids, they love to play games and have fun with their friends just like us. At that age all are not aware enough to realize how important bitcoin is. Like in the field of education, why does the Ministry of Education assign different levels of education for each age group? We need to learn to crawl, learn to walk before we learn to run. You can't run until you know how to walk.

It is a very good idea to teach him about bitcoin in the future he will grow up and have a good life but your nephew is too young a fixed age is required. At such a young age he will not be able to master many things he is still a child and should focus on his real education. There will be a lot of problems to teach if the age is young it is necessary to wait till the prescribed age.

Introducing your nephew to bitcoin is very positive, but my advice is if your nephew is under 11 years old, never force him to focus too much on learning bitcoin, you just teach him the basics of bitcoin and teach it. he how bitcoin works, because children have their own world to play and learn about the education they like, we may teach them about bitcoin for them but we must not take their playing time, because children's world is a world of play.

And the fact is, children like OP's nephew need basic subjects such as math, physics, biology, social skills, practice to solve problems, and play something. If we talk about the evolution of technology (not only Blockchain and Bitcoin) all that basic is needed.

---

Help kids find their talents, not decide what their talents are.

If OP teaches him about technology it should be encouraged as technology is definitely what we need in any environment, technology is no different than water in our daily life, we would not be able to live without technology. But OP is teaching him about bitcoin, being part of finance, is a risky investment. I don't think such a kid can understand bitcoin. Even investors like us don't fully understand what bitcoin is, we are here simply for profit and our job is to see bitcoin chart every day. Bitcoin and crypto have not been applied much in life, and not everyone needs them. That is true.

I think, this idea is very easy to learning someone about bitcoin. But if he/she is over 13 years then i Think, this technique is good for them.My old experienced is so near with you.I believe it if anyone know abut bitcoin in 4-5, years then i Think is master of bitcoin. Everyone know bitcoin is most valuable and most profitable coin.Many people's are interesting to learn about bitcoin nowadays.

It does necessarily need to be 4-5 years, anyone that is serious about learning bitcoin with consistency. Few weeks or months is good for the person, that is if the person wants to learn the technical things of bitcoin. Otherwise if it is a general knowledge of bitcoin, one day is enough to learn.
It is not something you start early to teach a child that is supposed to be playing with his mates or playing with toys.
Someone that hasn't faced life and started paying bills will not know the importance of investment.

Using a board and paper method to teach a kid of 11 years about Bitcoin and blockchain looks boring and time wasting. Children learn through fanciful pictorial representations a colourful image of Bitcoin would have sent more information than all the lengthy messages. Judging by the child's sitting posture it is clear he was only paying attention as a sign of respect.

Feel like lot of stuff to learn especially with the look of your nephew in that picture, would probably too young to consume "advanced" knowledge especially in technology aspect, if he is fine with it then it is okay I guess?

But I would personally give them more time to actually prepare themselves before they are ready with this kind of stuff. More adoption is great but they have better something to do instead of learning bitcoin immediately where they could probably learn it when they are more matured and have free time.

Getting the attention of a young or youth wont really be that easy as you would need to get its interest and its true on that point where showing off those pile of text or having that very long and boring
lectures would really just make things more harder.We do already have lots of videos on internet or even on youtube which do really present out Bitcoin on more colorful way.
This would really be sparking out some interest which would make things more simpler if you are really that like for him to understand on things.
Everything that do really talks about sharing opportunity does really means that it do really adds up that recognition and awareness towards crypto space specially with Bitcoin.
Whether we are teaching our newphew or even older people like our uncles and other relatives.Doesnt matter if on how you would be doing these things.

but of course not all children will like lessons that discuss bitcoin, because most of what children like is playing, but there are also children who like
lesson about bitcoins.
so of course I think it all depends on the will and circumstances. so there is no element of coercion. but it would be great if there were children who were willing and willing to learn about bitcoin. because if a young person wants to learn about bitcoin, of course the child will be good for the future, especially in terms of investing in bitcoin.

I think this is a great idea for you to teach your nephew about Bitcoin when he's such a young age. A friend of mine I am trying to become more interested in Bitcoin is a fan of AI so there is something I got for him.
I recommend a book, I really enjoyed ‘The Age of AI: And Our Human Future’ by Henry Kissinger and several other great thinkers as well. I really enjoyed it and if your friend is interested in Crypto like me chances are he’s fascinated by the exploration of all the ways AI will shape our human society.
I have bought tons of books for people over the years and sometimes I do have doubts they read them but I still like giving books because they’re physical and something I can wrap.

Ideally, teaching at a very age is a good start to molding him to think bigger in the future, especially for crypto. But that only happens if that kid is also interested in Bitcoin because we know that not all 11-years old have that kind of thinking.
It is the interest and since this current generation is mostly engaged in gadgets and high technology, I think it was not easy for us to teach them.
What we just need is perfect timing and it should be step by step, and introduce Bitcoin slowly until they got the whole picture and concept of it.

Getting enough knowledge and passing it on to the young ones would be one great investment one is impacting. Bitcoin is a life changer to some people and also a worst experience to some people. It's very dissapointing not to grab this opportunity of accumulating more bitcoins now that's dipping before it shoots to the moon. Reading PDFs and Books concerning bitcoins also aid to knowing more about Bitcoin and how it operates. In my situation, all my siblings know about bitcoin and how the whole market operates.

You are lucky, I also tried to teach some friends about bitcoin when I was beginning my journey as I thought that it would be easier for each one of us to keep ourselves invested in bitcoin during the difficult times if we gave each other support, but they did not wanted to know anything about it, eventually they began asking me about bitcoin again but only when its price was already skyrocketing, so I knew they were not really interested in bitcoin but on what they thought it could do for them.

Hey, it is really good. you are spreading your knowledge and transferring it to young ones. It will help them in the future and it will be also helpful for you because teaching will make you an expert in this field.

This should be the main topic for most of the beginners.

Because most of them are investing without basic knowledge in bitcoin and they're even introduced by a random guy on the internet through different forums and groups and gives them idea where they should invest, wrongly.

@OP, you're helpful to your relatives and your nephew has got now the understanding and basic thoughts about bitcoin. I'm sure that he'll talk about it with his friends and will make him look like a genius on his story.  :P

My nephew is learning about bitcoin too. I got him the "B Is For Bitcoin" book a couple of years ago just to get him to learn but looking back, it's full of shitcoinery.

He's almost old enough to start playing memory games and I think the Shamory card game will be a big hit with him soon. I am also starting to see a number of different bitcoin books pop up. I recently saw a bitcoin rhyming book as well as some other books for children from FriedaHodl who seems to own BTCpublish.com but only a couple of titles on there.

There's still a massive shortage of quality bitcoin content online for kids but I guess that just shows how early we really are. 

Learning is really the first step before investing in bitcoin, but I don't know if some newbies use their brains since they are just jumping into the hype that is coming from the influencers. Those young ones that he taught bitcoin were very happy since they already had a grasp on where to start or use it as a guide for learning bitcoin. It is also an advantage to the OP that he is the one teaching because, while teaching, you can learn more since there are times when you have questions and you need to conduct research before presenting it to them.

We need technology so that everything can run, it is true. Unfortunately, we often forget there are many jobs out of our expertise and push children to obey what we want. For me, just give those kids a little introduction about technology in a fun way, give them lots of things, then let them choose.

There is both a benefit and also a trouble about it. The benefit is that new technology would help you do your job a lot better, and it would make it easier at the same time. But, we also talk about some new tech replacing people as well, just look at the car industry, that is the most common one that we know of.

Back when Ford built the first assembly line, one car was manufactured by so many people, hundreds of people working on it at the same time and it took so much time, today there are so many machines that help the people so there isn't a need for that many workers at the same time. Plenty of jobs were lost to developed technologies like that.

Obviously, those who jump into the hype never use their rationality.  They used their brain yes, but their brain is poisoned by greed.  Anyway, they can't decide to invest if they don't use their brain.  I hope these people will put rationality first before anything else.  They should think that they must know the basic of bitcoin economy if they wanted to take profit in their investment ventures but sadly most relies on the influencers' hype and got FOMO making them buy at top prices.


But still, @OP should consider the age and capability to understand of his student before laying out his lecture.   I am not belittling the kid, in fact, I believe the kid is a brilliant person, reason why @OP decides to teach him about BTC.  But somehow, there is difficult stuff that is embedded in Bitcoin lectures which I think is far beyond the capability to understand of the kid.  That is why, when teaching a kid, we need to readjust our presentation to make the learning more fun and easily understand.

Kids need to be taught to make decisions independent. This mostly happens when they turn teenage. From the childhood let them to decide what they want will help us understand what is his/her interest and find the hidden talents. Further when he does something on his interest, we can correct him and give suggestions. This will keep himself on the positive track than imposing over the kids with our plans.

That is also a matter of concern, but I think machines or robots should replace humans in heavy jobs or stages that may endanger workers' lives. I have worked for a while in companies in heavy industry, it is tough to protect the safety of workers. Despite having undergone thorough training classes before working or wearing protective gear, it is still impossible to avoid occupational accidents. If we use Robots in those cases, we can reduce human damage.

Op, you did a great job educating your nephew about Bitcoin, but I don't think he's ready for it yet. It might be a waste of his time to teach him now. Regardless of how hard you try to persuade him otherwise, but all what your nephew needs right now is to focus on his studies and block out any outside distractions. This is especially important given what you are trying to accomplish right now because Bitcoin knowledge may not
 be useful to him right now. Due to this age and he will never consider investing any money instead of purchasing toys that other kids can play with.
Op I don't mean to criticize your efforts, but I think it would be better for you to educate adults about Bitcoin than this kids. I believe you will not stop by only educating your nephew but I still have trust in you that you will spread the Bitcoin awareness to more more  people. Your effort will never be vein op.

They're still lack of knowledge about bitcoin and they fell to the wrong influencers that are only using them as cash cow being an audience to them.

But I'm sure those that are serious and passionate about starting with their bitcoin journey won't just give up when they fail at the beginning. They just need the right resources for them to keep moving, we've been there and we're all happy that we're on the right track.

And those advocates like OP is doing the right thing and hopefully more of them will come out that has done this thing and idea.

We are already moving there and we know that its been a while where certain industries (car companies) had really those robots but we cant really that able to deny that human involvement
is still significant since there are things which humans can do while robot cant.It do really speeds up the process and does give out that safety specially on heavy works.
Lets just not make things in a rush but people or human intervention is still significant on some works which we are still that needed.
Going back on topic in speaking on teaching up your newphew about Bitcoin then its something good but for him to be able to understand well then
it would be good that it would be starting up on those very basics of it.

I agree, I just hope that OP's nephew can catch up with how complex cryptocurrency is, at that young age I am more focused on having fun as most kids do. But if his nephew is really eager to learn it won't be a problem, it's hard to teach something to someone who's not really interested. As Skylar said this is better than those who are jumping into cryptocurrency with little knowledge and then blaming crypto for their bad investment. I would like to teach my kids about cryptocurrency too, however, I would do it little by little, maybe starting with being responsible with money, saving, and investment. It's too much for a kid to learn, but if you teach them in simple and interactive way it would be easier for them to grasp it.

It doesn't matter how old someone is, there's absolutely nothing wrong with teaching a young kid about bitcoin, whether they are five years old for fifteen.  I think one of the biggest issues with the school system and young children is not teaching them more real world things and not doing so early enough.  Teaching young kids about finance from an early age is likely to put them ahead of most for when the time to discuss it comes, or ever does.  This is real world practical education.

Teaching Bitcoin to anyone is not bad, it's even good because we give them an idea about it. But we know that it is not easy to understand, if those who are old and want to know what bitcoin is, find it difficult to understand right away, how can it be if they are 11 years old, it is okay at that age if your nephew has an interest to know this, determined to know this, but based on your story here you want your nephew to have an idea, your intentions are good, but the interest, determination, and passion should come from your nephew and not you dude.

That's why based on the explanation you made, for me it's a bit deep on your nephew's part. This is what you should have done like what a member did here in the forum that the interest did not come from the teacher but from the young people who took the initiative themselves with knowledge of Bitcoin, then the teaching method was based on a different approach to making it easy to understand of young people who went to his house, this is the link https://bitcointalk.org/index.php?topic=5408842.0

There is nothing wrong with the OP teaching his nephew about bitcoin, but he should consider when is the best time for him to absorb and promote it effectively. If they are too young and not ready, no matter how much you teach them, it will be of no use or he doesn't like bitcoin, you can't force it, nor should we impose our thoughts on others, it's good for us but not necessarily good for others.

Bitcoin is only a small part of the financial industry, if teaching them about finance includes investing, finding opportunities as well as managing risk, that is another story.

In order not to waste our time and effort teaching about Bitcoin, we should have to consider these things;
 - age of the listeners (must be old enough to understand technical information)
 - behavior (must show some interest in the topic)
 - we know they can carry high responsibilities in the future

But as OP had mentioned, I actually doubted the result of it. Honestly, it was not the perfect or the good time to teach his nephew.

Seeing at the picture, he seems like a 12-13 young kiddo that doesn't have any interest into investing at all. Well, it's my own opinion and I might be wrong, and he might be the opposite of what I saw and if that's the case then good for him and for you as his teacher.

There's nothing wrong in teaching other people Bitcoin, but at least we need to have considerations like the age of the person, his desire in learning it etc. The current education system really sucks TBH. Not in all countries of course but what makes it sucks is that they aren't teaching anything about money like what Robert Kiyosaki always says. I'm not saying that I will not put my future children at school because it's really needed, but I will teach him anything about money and I will teach him how to save and invest at an early age.

I don't think it's a problem if it's just a simulation to add knowledge outside of compulsory education but standardization must be used.
Being educated from an early age is great, but you have to pay attention to it until it's a reasonable age to know everything about Bitcoin and you also have to impart knowledge gradually so it's not overloaded which can lead to things you don't want.
I suggest that you should have educational modules for certain age stages so that they can be balanced with the child's development.