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Author Topic: How to explain bitcoin to teenagers or children  (Read 117994 times)
Mirconome
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February 22, 2017, 08:22:18 AM
 #841

Bitcoin is difficult to explain. I also felt difficulties in understanding bitcoin for the firs time. Let's share how to explain bitcoin to children of teenagers. In My country I can say 98% children don't know bitcoin. In fact, bitcoin can be future money. If the children not familiar with cryptocurrency or bitcoin, how can they face the digital era in the future.
Things are difficult to explain if you don’t know what you are talking about, even some of the most complex subjects in math can be explained with everyday examples.
If you do not understand bitcoin clearly, how can you be an effective teacher? Actually, that is up to the comprehension of a certain person, the information can be search in the internet and with effort you can understand that as you continue to study it. The moment you understand bitcoin, that will be the time that you will start to feel confident with investing on it and be optimistic of the future.
If you tell the young men about bitcoin, then everything should be done in order, and on investment, I think you need to choose the right time.
Explaining at the right time is the better way to make people understand. If you explain to a person when he is in desperate need surely he'll understand easily than explaining when the person is with hands of money.
If a person in need of money, he seeks always and everywhere. Thus, many users fall into bitcoin community.
Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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February 22, 2017, 11:15:15 AM
 #842

If the teenagers is somewhat brought up with a family that is business-minded,
then is easy to explain what bitcoin and its advantege specially in investing
at the early age. There are a lot of brand of new wave teen agers who are
into the stock market at at early young age. So I think explaining bitcoin will
not be difficult to explain to a teenager who has mind-set of a investor at a
early age.

A 17 year old investor: http://www.telegraph.co.uk/finance/personalfinance/investing/11299477/Lessons-from-a-17-year-old-investor-who-has-doubled-his-money-in-14-months.html


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February 22, 2017, 11:35:40 AM
 #843

Its not as difficult as it seems to explain anyway just tell him how it is keep it basic just tell him all it really is like online currency that kind of runs like stock one day it can be lower and one day it can be higher. Your thinking about it hard but its rather simple I'm no wiz at bitcoin but in my understanding that is how it goes more or less.
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February 22, 2017, 11:43:27 AM
 #844

Its not as difficult as it seems to explain anyway just tell him how it is keep it basic just tell him all it really is like online currency that kind of runs like stock one day it can be lower and one day it can be higher. Your thinking about it hard but its rather simple I'm no wiz at bitcoin but in my understanding that is how it goes more or less.

Well, it's not as easy as it sounds. I am sure that not all kids are not the same, and only few of them really care about things like money making and using money. Kids are more into playing and exploring things that would give them enjoyment. While in teenagers, it is easier to explain,I think it's good to explain the basics, and not the more technical part of bitcoin.  Smiley

burner2014
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February 22, 2017, 12:13:33 PM
 #845

Its not as difficult as it seems to explain anyway just tell him how it is keep it basic just tell him all it really is like online currency that kind of runs like stock one day it can be lower and one day it can be higher. Your thinking about it hard but its rather simple I'm no wiz at bitcoin but in my understanding that is how it goes more or less.
That is true, no need to elaborate further just as simple as that, a teenager/children nowadays are very smart. They could understand things in just observing and if they become interested on it they will definitely do research and in few time they can catch up with it.
Xester
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February 22, 2017, 12:21:16 PM
 #846

Its not as difficult as it seems to explain anyway just tell him how it is keep it basic just tell him all it really is like online currency that kind of runs like stock one day it can be lower and one day it can be higher. Your thinking about it hard but its rather simple I'm no wiz at bitcoin but in my understanding that is how it goes more or less.
That is true, no need to elaborate further just as simple as that, a teenager/children nowadays are very smart. They could understand things in just observing and if they become interested on it they will definitely do research and in few time they can catch up with it.

Teenagers today and children are very advanced in terms of technology. It is not hard to teach them what is bitcoin. The most effective way to convince them is to teach them how to use bitcoin and how to profit from them. With just a simple instruction they will easily absorbed the idea.  Actually I did not earned big in online jobs if I was not taught by the teenagers about signature campaign, trading and others.
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February 22, 2017, 12:25:48 PM
 #847

Its not as difficult as it seems to explain anyway just tell him how it is keep it basic just tell him all it really is like online currency that kind of runs like stock one day it can be lower and one day it can be higher. Your thinking about it hard but its rather simple I'm no wiz at bitcoin but in my understanding that is how it goes more or less.
That is true, no need to elaborate further just as simple as that, a teenager/children nowadays are very smart. They could understand things in just observing and if they become interested on it they will definitely do research and in few time they can catch up with it.

Teenagers today and children are very advanced in terms of technology. It is not hard to teach them what is bitcoin. The most effective way to convince them is to teach them how to use bitcoin and how to profit from them. With just a simple instruction they will easily absorbed the idea.  Actually I did not earned big in online jobs if I was not taught by the teenagers about signature campaign, trading and others.

Just show them a video from youtube explaining what bitcoin is, grab a bag of pop-corn sit and watch the Bitcoin Rise & Rise with a teen , let him to some wiki search about BTC, afterwards show them the add funds button on Steam , and let your child choose what to do with his BTC & how to earn them. Wink
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February 22, 2017, 12:26:34 PM
 #848

Its not as difficult as it seems to explain anyway just tell him how it is keep it basic just tell him all it really is like online currency that kind of runs like stock one day it can be lower and one day it can be higher. Your thinking about it hard but its rather simple I'm no wiz at bitcoin but in my understanding that is how it goes more or less.
That is true, no need to elaborate further just as simple as that, a teenager/children nowadays are very smart. They could understand things in just observing and if they become interested on it they will definitely do research and in few time they can catch up with it.
Well explaining to it like that will be easy, but do you expect that they will get it in the first time or they won't be asking anymore questions after that?  You see explaining to them is one thing teaching them how to use Bitcoin is another. I believe that to know that you have successfully explained it to them they must be using Bitcoin with ease. So I believe that teaching them how to use Bitcoin is the best explanation for them because after that they will find out the other uses of Bitcoin for themselves.
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February 22, 2017, 12:27:45 PM
 #849

Its not as difficult as it seems to explain anyway just tell him how it is keep it basic just tell him all it really is like online currency that kind of runs like stock one day it can be lower and one day it can be higher. Your thinking about it hard but its rather simple I'm no wiz at bitcoin but in my understanding that is how it goes more or less.
bitcoin actually explain to others is quite simple and easy. just give some basic overview. but the difficult part is getting people that are interested in using bitcoin ?
Jaxelrell
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February 22, 2017, 01:31:23 PM
 #850

Bitcoin is difficult to explain. I also felt difficulties in understanding bitcoin for the firs time. Let's share how to explain bitcoin to children of teenagers. In My country I can say 98% children don't know bitcoin. In fact, bitcoin can be future money. If the children not familiar with cryptocurrency or bitcoin, how can they face the digital era in the future.
We have to explain how Bitcoin works to children when they are young and learning. If we teach them early how Bitcoin works they will start to understand how and what bitcoin is.
We can teach them through playing games with or mix it with stuff children like tot do so that they learn about it and have fun.
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February 22, 2017, 01:54:14 PM
 #851

Its not as difficult as it seems to explain anyway just tell him how it is keep it basic just tell him all it really is like online currency that kind of runs like stock one day it can be lower and one day it can be higher. Your thinking about it hard but its rather simple I'm no wiz at bitcoin but in my understanding that is how it goes more or less.
That is true, no need to elaborate further just as simple as that, a teenager/children nowadays are very smart. They could understand things in just observing and if they become interested on it they will definitely do research and in few time they can catch up with it.
Well explaining to it like that will be easy, but do you expect that they will get it in the first time or they won't be asking anymore questions after that?  You see explaining to them is one thing teaching them how to use Bitcoin is another. I believe that to know that you have successfully explained it to them they must be using Bitcoin with ease. So I believe that teaching them how to use Bitcoin is the best explanation for them because after that they will find out the other uses of Bitcoin for themselves.

No matter how smart you are, you can't just understand everything about bitcoins when someone just said "Bitcoin is a decentralized cryptocurrency." That's a broad topic that you have to discuss. Why is it decentralized? How is decentralized? How are we sure that it's decentralized? There's a deep explanation on these things and that's what you have to explain. Sure it's easy to know that bitcoin works the same way how you would spend fiat money, but bitcoins is much more than that. It's much more than an investment and a currency.

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TheGodFather
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February 22, 2017, 02:46:31 PM
 #852

Bitcoin is difficult to explain. I also felt difficulties in understanding bitcoin for the firs time. Let's share how to explain bitcoin to children of teenagers. In My country I can say 98% children don't know bitcoin. In fact, bitcoin can be future money. If the children not familiar with cryptocurrency or bitcoin, how can they face the digital era in the future.

Just explain to them that Bitcoin is somewhat similar to money or cash in real life. The difference is that Bitcoin is just a digital money. Meaning it will only exist online or in internet. As I have said awhile ago, Bitcoin is a digital money or some others call it Cryptocurrency. You can mine bitcoin as well. And also you can exchange or convert it to different cryptocurrency as well. You can also use them just like credit cards ..
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February 22, 2017, 07:27:13 PM
 #853

Bitcoin is difficult to explain. I also felt difficulties in understanding bitcoin for the firs time. Let's share how to explain bitcoin to children of teenagers. In My country I can say 98% children don't know bitcoin. In fact, bitcoin can be future money. If the children not familiar with cryptocurrency or bitcoin, how can they face the digital era in the future.

Just explain to them that Bitcoin is somewhat similar to money or cash in real life. The difference is that Bitcoin is just a digital money. Meaning it will only exist online or in internet. As I have said awhile ago, Bitcoin is a digital money or some others call it Cryptocurrency. You can mine bitcoin as well. And also you can exchange or convert it to different cryptocurrency as well. You can also use them just like credit cards ..
If the question will be in the fact that such a bitcoin, then there is no difficulty there. But if you want to tell the information by digging deeper, then there is no serious discussion can not do.
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February 22, 2017, 08:29:36 PM
 #854

Its not as difficult as it seems to explain anyway just tell him how it is keep it basic just tell him all it really is like online currency that kind of runs like stock one day it can be lower and one day it can be higher. Your thinking about it hard but its rather simple I'm no wiz at bitcoin but in my understanding that is how it goes more or less.
That is true, no need to elaborate further just as simple as that, a teenager/children nowadays are very smart. They could understand things in just observing and if they become interested on it they will definitely do research and in few time they can catch up with it.
Well explaining to it like that will be easy, but do you expect that they will get it in the first time or they won't be asking anymore questions after that?  You see explaining to them is one thing teaching them how to use Bitcoin is another. I believe that to know that you have successfully explained it to them they must be using Bitcoin with ease. So I believe that teaching them how to use Bitcoin is the best explanation for them because after that they will find out the other uses of Bitcoin for themselves.

No matter how smart you are, you can't just understand everything about bitcoins when someone just said "Bitcoin is a decentralized cryptocurrency." That's a broad topic that you have to discuss. Why is it decentralized? How is decentralized? How are we sure that it's decentralized? There's a deep explanation on these things and that's what you have to explain. Sure it's easy to know that bitcoin works the same way how you would spend fiat money, but bitcoins is much more than that. It's much more than an investment and a currency.
Adults are very hard to understand what is bitcoin in full, in order to understand fully. That children Nabal this information is simply enormous and can not do.

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February 22, 2017, 08:56:27 PM
 #855

Its not as difficult as it seems to explain anyway just tell him how it is keep it basic just tell him all it really is like online currency that kind of runs like stock one day it can be lower and one day it can be higher. Your thinking about it hard but its rather simple I'm no wiz at bitcoin but in my understanding that is how it goes more or less.
bitcoin actually explain to others is quite simple and easy. just give some basic overview. but the difficult part is getting people that are interested in using bitcoin ?
What is the basic overview and how do you explain that to kids Tongue and people who are interested in trying out bitcoin will be using it as an alternative digital currency if they think it is useful for them. It is pretty easy for a techie to understand about bitcoin than a normal individual and if you are really interested to learn then anything is possible.
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March 02, 2017, 07:05:30 PM
 #856

Its not as difficult as it seems to explain anyway just tell him how it is keep it basic just tell him all it really is like online currency that kind of runs like stock one day it can be lower and one day it can be higher. Your thinking about it hard but its rather simple I'm no wiz at bitcoin but in my understanding that is how it goes more or less.
bitcoin actually explain to others is quite simple and easy. just give some basic overview. but the difficult part is getting people that are interested in using bitcoin ?
What is the basic overview and how do you explain that to kids Tongue and people who are interested in trying out bitcoin will be using it as an alternative digital currency if they think it is useful for them. It is pretty easy for a techie to understand about bitcoin than a normal individual and if you are really interested to learn then anything is possible.
If bitcoin technology can be understood only by a person with a certain formation, the child it will be quite difficult, and the results will be very grim. Although just inform about bitcoin, it will be very good.
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March 02, 2017, 07:22:49 PM
 #857

My child is in any case already know what I stammered and what is bitcoin in general. While his education makes it impossible to realize the entire concept of bitcoin, but the essence of it is already caught and will soon join me with.
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March 02, 2017, 07:55:30 PM
 #858

They'll face it easier than you think. It'll become very easy for them to own a wallet, do their first transactions...etc. The issue is, basic security knowledge doesn't expand as easily as the news about BTC among teenegers. It could result in a hacking paradise.
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March 02, 2017, 07:59:44 PM
 #859

Bitcoin is difficult to explain. I also felt difficulties in understanding bitcoin for the firs time. Let's share how to explain bitcoin to children of teenagers. In My country I can say 98% children don't know bitcoin. In fact, bitcoin can be future money. If the children not familiar with cryptocurrency or bitcoin, how can they face the digital era in the future.

Even they can easily get it, let us show them little the usage of bitcoin, example you are going to outdoor with your kids then there is restaurant who accepted bitcoin, lets just show it only help them familiarize with it, or in paying bills monthly with bitcoin let us teach them how, just like that no need to explain long,  familiarization I think is a good start.
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March 02, 2017, 09:43:11 PM
 #860

Its not as difficult as it seems to explain anyway just tell him how it is keep it basic just tell him all it really is like online currency that kind of runs like stock one day it can be lower and one day it can be higher. Your thinking about it hard but its rather simple I'm no wiz at bitcoin but in my understanding that is how it goes more or less.
bitcoin actually explain to others is quite simple and easy. just give some basic overview. but the difficult part is getting people that are interested in using bitcoin ?
well if you say them that you can earn some easy money with bitcoins by doing literally nothing and just holding your bitcoins in the wallet I'm pretty sure that a lot of people would be interested, though to make them understand how it really works and why is it different from online payment methods might be really hard as cryptocurrency technology wasn't used before too much.

Bitcoin is difficult to explain. I also felt difficulties in understanding bitcoin for the firs time. Let's share how to explain bitcoin to children of teenagers. In My country I can say 98% children don't know bitcoin. In fact, bitcoin can be future money. If the children not familiar with cryptocurrency or bitcoin, how can they face the digital era in the future.

Even they can easily get it, let us show them little the usage of bitcoin, example you are going to outdoor with your kids then there is restaurant who accepted bitcoin, lets just show it only help them familiarize with it, or in paying bills monthly with bitcoin let us teach them how, just like that no need to explain long,  familiarization I think is a good start.
how are you going to teach kids through paying bills if they most probably don't know yet what the bills mean and why they need to be paid for? I doubt it is a good idea.
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