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Author Topic: How to explain bitcoin to teenagers or children  (Read 117994 times)
greggypiggy
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January 19, 2018, 04:11:41 PM
 #2681

You should start telling them why saving money is important,then introduce about investing money and then discuss bitcoin. It always start from the basics so thay children will fully understand how money works,how investments work and how to earn money.
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January 19, 2018, 04:26:04 PM
 #2682

You should start telling them why saving money is important,then introduce about investing money and then discuss bitcoin. It always start from the basics so thay children will fully understand how money works,how investments work and how to earn money.

Yes and just keep them reminded.  Because of that young age their focus is not that much   They are too curious as to their surroundings.  They are interested on things that is different from the normal things which they encounter in their daily lives.  But I agree with teaching them early to become wise on money.
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January 19, 2018, 04:32:50 PM
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 #2683

If I own,if there is to explain to children I can not explain because it is very difficult to explain to children because children do not know online and digital money, if you explain to a teenager is very easy because most of the teenagers now everything you see online and is very easy to explain to a teenager.

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January 19, 2018, 04:37:57 PM
 #2684

I think it is not easy task, besides, I think minors shall not be actively involved in crypto, as much of them have no their own income, and they also have no enough general knowledge and experience to make correct decisions and to risk.
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January 19, 2018, 04:49:22 PM
 #2685

I think it is not easy task, besides, I think minors shall not be actively involved in crypto, as much of them have no their own income, and they also have no enough general knowledge and experience to make correct decisions and to risk.
It is really difficult to make children understand about Bitcoin.The children have developing minds which is very unstable.It is difficult to create interest in anything.Bitcoin is very complex and requires knowledge about the market.The minds of children cannot handle such a complex thing.But on the other hand it will not be that difficult to explain Bitcoin to teenagers as their minds have been developed so they can grasp some complex things much more faster and easier than children.

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giogio0504
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January 19, 2018, 04:57:37 PM
 #2686

You should not, it is difficult and risky for them.
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January 19, 2018, 04:59:56 PM
 #2687

In my opinion we must first learned the extent to which they know bitcoin so easy when we explain what is with bitcoin and how it worked.
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January 19, 2018, 05:32:06 PM
 #2688

You should start telling them why saving money is important,then introduce about investing money and then discuss bitcoin. It always start from the basics so thay children will fully understand how money works,how investments work and how to earn money.

Yes and just keep them reminded.  Because of that young age their focus is not that much   They are too curious as to their surroundings.  They are interested on things that is different from the normal things which they encounter in their daily lives.  But I agree with teaching them early to become wise on money.
Explain them the basic first. What is digital coin? How does it work? Kids normally don't have interest in theory, books, something news like Bitcoin. Therefore, If they are interested in Bitcoin, you should teach them because they are really want to know. However, If they don't want to know, they won't listen to you for sure.
Wolf of Btrex
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January 19, 2018, 06:10:42 PM
 #2689

Usualy we discuss this in theory but does actualy someone of you have children and has the experience of learning them how to use Bitcoins? Do you allow them to "play" with Bitcoin and would you do the same if fiat money was in question?
I think thi is the complex question and easy to answer because because the good things with Bitcoins children could come across some bad things too.
Sunforceman
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January 19, 2018, 08:19:54 PM
 #2690

Young people have no sense in explaining about bitcoin, if they want to find out, they'll find out faster than the older one, now the information is public.

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January 19, 2018, 08:42:11 PM
 #2691

on the question of where you can get bitcoin, you can answer the following metaphor: imagine a mountain where mining is conducted. Those who extract bitcoin do not use pickaxes and hoes, but their own computers, but otherwise the principle is the same: a scarce resource is extracted with the help of expensive specialized equipment. Miners invest something (namely, their computing power) in the hope of getting a single Bitcoin, which can then be divided into small share and sell for a very real money.

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January 19, 2018, 08:50:44 PM
 #2692

I think that some day you will find a video on youtube for children or find a book in bookstore. It is difficult to explain this thing. Even not all adult understand what it is.

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January 19, 2018, 08:56:34 PM
 #2693

It is better to explain them from the basics starting from the history of bitcoin, founders of bitcoin, wallets and explaining them the difference between legit wallets like block chain, bitcoin market when to purchase or sell, what to do when bitcoin price falls down, how to keep safe from hackers etc these are better enough to explain about bitcoin to a teenager or children.
RVA
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January 19, 2018, 08:56:58 PM
 #2694

Teenagers and children can not live without gadgets, unlike adults, they will understand everything faster, they look at Youtube where one can find any embarrassment on the necessary topic about bitcoins and crypto-currencies.
stunningpeggy
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January 19, 2018, 09:01:09 PM
 #2695

Every popular video on YouTube that explains bitcoin is suitable pretty much for everyone. And kids these days are smart and if the video is not too technical - they will get it, at least my little brother who's 8 got it.. I think that explaining fiat money and how federal reserve works and all that is way harder than crypto!
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January 20, 2018, 12:56:44 AM
 #2696

It is better to explain them from the basics starting from the history of bitcoin, founders of bitcoin, wallets and explaining them the difference between legit wallets like block chain, bitcoin market when to purchase or sell, what to do when bitcoin price falls down, how to keep safe from hackers etc these are better enough to explain about bitcoin to a teenager or children.
It is not a must to explain all of the basic things because you can explain straight from the word bitcoin itself and what are the benefits of using it and why it can change their lives and i think that it is alright to tell them to do their own research too in order to not tolerate them to be a lazy person and depend on spoon feeding because that is not a good thing in the community to have a lot of spoon feeders.
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January 20, 2018, 01:30:55 AM
 #2697

I myself don't really know what are the in's and out's of crypto world. But explaining it to them is quite difficult, try explaining them on how money works, and how important it is in the near future. If they start to get interested slowly introduce btc.
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January 20, 2018, 01:53:56 AM
 #2698

I think nowadays some adults are not familiar with bitcoin, let alone teens, bitcoin difficult to explain, which requires you to slowly develop their interest.
fanita
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January 20, 2018, 01:58:19 AM
 #2699

I think to explain to teenagers is simple enough, first we invite to join and talk while joking. search for what young people like and talk about bitcoin in front of them, now their teenage kids go into web browsing, looking for a job and surfing so the technology may be easier for him. for them teenagers to learn about bitcoin with little supervision from us. now many teenagers who start learning bitcoin to get a good future, that's what they say I know.

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January 20, 2018, 02:06:35 AM
 #2700

First catch their attention and convince them to learn Bitcoin. When their curiosity started, it's time to explain the basic and fundamental functions of Bitcoin as well as the advantage of this concept in this era.
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