What is being told to people in High Schools about Bitcoin

[machinek20]

It s not very good, bitcoin is actually very good young generation, they still have the potential to bring digital currency to its finest potential, if there is no support from the society then there wont be any revolution, bitcoin is not an illegal currency, some people used it for bad purpose doesnt make it illegal, fiat also being used to buy illegal things, so it is depends on how the user used it, the society just see the outside of bitcoin, they never try to understand the real reason it was created

[aditya6997]

That teacher is noob!

[Rastanan]

1. That's illegal :
2. It will crash :
3. Anyone clear in its head wouldn't use it :

4. Bitcoin at a bigger scale would fail :

1. Government backed and regulated currencies are manipulated even more than bitcoin with unlimited inflation and US government printing dollars without anything backing it other than simple virtual trust on their economic power.

2. Pure manipulation only can't create such constant growth of bitcoin price, the growth we are seeing is just natural which corresponds to increasing demand where as supply is limited.

3. Anyone clear in its head would buy bitcoin and store it for future.

4. Bitcoin at a bigger scale will actually get more success and value that it has right now, more community support means stronger bitcoin network.

Look at the currency in India and a Venezuvela, the governement can easily confiscate people's wealth.

[The_Dark_Knight]

1. That's illegal :
2. It will crash :
3. Anyone clear in its head wouldn't use it :

4. Bitcoin at a bigger scale would fail :

1. Government backed and regulated currencies are manipulated even more than bitcoin with unlimited inflation and US government printing dollars without anything backing it other than simple virtual trust on their economic power.

2. Pure manipulation only can't create such constant growth of bitcoin price, the growth we are seeing is just natural which corresponds to increasing demand where as supply is limited.

3. Anyone clear in its head would buy bitcoin and store it for future.

4. Bitcoin at a bigger scale will actually get more success and value that it has right now, more community support means stronger bitcoin network.

Look at the currency in India and a Venezuvela, the governement can easily confiscate people's wealth.

And that is when they use their economic tricks to separate you from your wealth, in some parts of the world things are a lot more direct and government officials will steal from you like the thieves they are.

[Sundark]

1. Bitcoin is not illegal, not being regulated is far from being harmful or illegal. I would stop listening to that teacher here.
2. Don't he know the history? There is many expamples of failed fiats than anything: Argentinian Peso, Zimbabwean Dollar, Sol (Peru), Escudo (Chile) and more currencies are struggling hard.
3. Biased argument, everyone who tried to use it, or bought Bitcoin in the past and hold it - gained.
4. Oh, is he a prophet? He know what will happen! He should be number 1 economic adviser instead of a school teacher.

[dukeneptun]

But what about going to the school and having a sitdown with the teacher. Maybe all he needs is a good eye opener from someone more experienced in bitcoin like you op.

[Gilf]

But what about going to the school and having a sitdown with the teacher. Maybe all he needs is a good eye opener from someone more experienced in bitcoin like you op.

If this trend taken up by the teachers themselves, the students will take the doctrine of the bitcoin for granted and schools begin new opportunities for children and their education to the preparation for the future.

[Tanic]

That's the mistake of the all educational programm today. There is no any standarts and if it's ok that countries are writing their own history as they suppose to be good and right, so every education place same way choosing itself what to tell about bitcoin.

[lionheart78]

But what about going to the school and having a sitdown with the teacher. Maybe all he needs is a good eye opener from someone more experienced in bitcoin like you op.

I don't think it is wise to discuss such thing in school.  That teacher will more likely ignore you because he is in time of his work.  It would be better if you invite him to some bitcoin event and let this teacher learn that what he is thinking about Bitcoin is all nonsense.

[Decoded]

I, being in high school understand the eternal struggle of know-it-all teachers who are horribly mistaken.

With your third statement however, I understand where your teacher is coming from. On a large scale, it will still be operated solely by supply and demand. One small problem will send the price into a volatile frenzy.

[Minecache]

Five days ago, a friend of mine studying Economics at High School had a discussion with its teacher, regarding Bitcoin, since I told her about that. Here's what the teacher said :

1. That's illegal : He did not bring many proves here, just saying that since it has not been regulated as a currency, we were in a grey area, and something in a grey area is rarely something that will become totally white from one day to another. He added that the sole purpose of that was to buy all kind of drugs over the Internet.

2. It will crash : He said that he had studied Bitcoin's price evolution throught the time (what I doubt) and said her that being so constantly rising was a sign that it was not a viable project. Its proof : manipulated prices of things like silver or wheat are very stable !

3. Anyone clear in its head wouldn't use it : First, he doesn't recognise any kind of manipulation of the money and the danger that there is for people keeping all their savings in fiat. I know that because I had him as a teacher too some times ago. So trying to explaining him about the fact that there is a clear war against cash and evident facts, like that that shows our money need to be converted into something viable to be protected from massive surveillance, is useless. Him not understanding that, since its the best argument I have, I couldn't have replied. When she told him about the speed of transactions, he replied "we have PayPal", so I said me that it wasn't worth to ever try explaining anything. As a final point, he said again that the sole real use that is making standing apart is that you can buy drugs on the Internet...

4. Bitcoin at a bigger scale would fail : I couldn't explain you much what he said because what she told me wasn't very clear so I personnally did not understood, as her I presume how confuse her explaination was. To summarize, he said that it's still a little market and that it will fail to scale and will go back to close to nothing in value.

I'd like to get your feelings on that. Just call the arguments 1, 2, 3 and 4 and tell me what you would have replied back and what it does inspire you !

Shocking misinformation. The so called teacher should be reported to the relevant authorities and sacked.

[BigBos]

I do not know, maybe they know about bitcoin, but I feel that they do not want to look for bitcoin.
there may be some of those who seek bitcoin, but most of them do not bother with it. I feel that most of them think that bitcoin is a scam 

[xuan87]

I think that is not fair, the teacher only talk about bitcoin bad side and i bet the teacher never used bitcoin before, bitcoin is not an illegal currency, it is the same currency that we used but it is in digital form, bitcoin will crash if nobody used it anymore and when most of the country banned the coin, but until now bitcoin is doing fine, and anyone with clear head, will try to used bitcoin because its so efficient and will try to invest it because bitcoin is potential to grow in the future

[coinerer]

Five days ago, a friend of mine studying Economics at High School had a discussion with its teacher, regarding Bitcoin, since I told her about that. Here's what the teacher said :

1. That's illegal : He did not bring many proves here, just saying that since it has not been regulated as a currency, we were in a grey area, and something in a grey area is rarely something that will become totally white from one day to another. He added that the sole purpose of that was to buy all kind of drugs over the Internet.

2. It will crash : He said that he had studied Bitcoin's price evolution throught the time (what I doubt) and said her that being so constantly rising was a sign that it was not a viable project. Its proof : manipulated prices of things like silver or wheat are very stable !

3. Anyone clear in its head wouldn't use it : First, he doesn't recognise any kind of manipulation of the money and the danger that there is for people keeping all their savings in fiat. I know that because I had him as a teacher too some times ago. So trying to explaining him about the fact that there is a clear war against cash and evident facts, like that that shows our money need to be converted into something viable to be protected from massive surveillance, is useless. Him not understanding that, since its the best argument I have, I couldn't have replied. When she told him about the speed of transactions, he replied "we have PayPal", so I said me that it wasn't worth to ever try explaining anything. As a final point, he said again that the sole real use that is making standing apart is that you can buy drugs on the Internet...

4. Bitcoin at a bigger scale would fail : I couldn't explain you much what he said because what she told me wasn't very clear so I personnally did not understood, as her I presume how confuse her explaination was. To summarize, he said that it's still a little market and that it will fail to scale and will go back to close to nothing in value.

I'd like to get your feelings on that. Just call the arguments 1, 2, 3 and 4 and tell me what you would have replied back and what it does inspire you !

Truth is somewhere between.

1. I agree with gray area. Soon more regulated very likely.

2. Of course bitcoin will crash, but after the crash it will reach new highs. Too much speculators on bitcoin to fail.

3. I agree with teacher. But, everybody enough crazy will try to speculate with bitcoin and clones or similar altcoins.

4. Of course bitcoin would fail as currency. But bitcoin will not fail as speculative playing game often considered as Ponzi cyclic game - just like any other speculative instruments.

[pyata4ok]

I think that is not fair, the teacher only talk about bitcoin bad side and i bet the teacher never used bitcoin before, bitcoin is not an illegal currency, it is the same currency that we used but it is in digital form, bitcoin will crash if nobody used it anymore and when most of the country banned the coin, but until now bitcoin is doing fine, and anyone with clear head, will try to used bitcoin because its so efficient and will try to invest it because bitcoin is potential to grow in the future

A very positive thing is that your children himself does not explain and do not waste time in vain, but the school teachers and the curriculum will make it much better than learning bitcoin at home itself.

[tripplewarz]

Five days ago, a friend of mine studying Economics at High School had a discussion with its teacher, regarding Bitcoin, since I told her about that. Here's what the teacher said :

1. That's illegal : He did not bring many proves here, just saying that since it has not been regulated as a currency, we were in a grey area, and something in a grey area is rarely something that will become totally white from one day to another. He added that the sole purpose of that was to buy all kind of drugs over the Internet.

2. It will crash : He said that he had studied Bitcoin's price evolution throught the time (what I doubt) and said her that being so constantly rising was a sign that it was not a viable project. Its proof : manipulated prices of things like silver or wheat are very stable !

3. Anyone clear in its head wouldn't use it : First, he doesn't recognise any kind of manipulation of the money and the danger that there is for people keeping all their savings in fiat. I know that because I had him as a teacher too some times ago. So trying to explaining him about the fact that there is a clear war against cash and evident facts, like that that shows our money need to be converted into something viable to be protected from massive surveillance, is useless. Him not understanding that, since its the best argument I have, I couldn't have replied. When she told him about the speed of transactions, he replied "we have PayPal", so I said me that it wasn't worth to ever try explaining anything. As a final point, he said again that the sole real use that is making standing apart is that you can buy drugs on the Internet...

4. Bitcoin at a bigger scale would fail : I couldn't explain you much what he said because what she told me wasn't very clear so I personnally did not understood, as her I presume how confuse her explaination was. To summarize, he said that it's still a little market and that it will fail to scale and will go back to close to nothing in value.

I'd like to get your feelings on that. Just call the arguments 1, 2, 3 and 4 and tell me what you would have replied back and what it does inspire you !

Truth is somewhere between.

1. I agree with gray area. Soon more regulated very likely.

2. Of course bitcoin will crash, but after the crash it will reach new highs. Too much speculators on bitcoin to fail.

3. I agree with teacher. But, everybody enough crazy will try to speculate with bitcoin and clones or similar altcoins.

4. Of course bitcoin would fail as currency. But bitcoin will not fail as speculative playing game often considered as Ponzi cyclic game - just like any other speculative instruments.

In such cases, the prospects for better and the result will be good, if bitcoin will be taught at least in small quantities in all the evening schools, because there are learning almost accomplished people.

[dimonchik13]

I think that is not fair, the teacher only talk about bitcoin bad side and i bet the teacher never used bitcoin before, bitcoin is not an illegal currency, it is the same currency that we used but it is in digital form, bitcoin will crash if nobody used it anymore and when most of the country banned the coin, but until now bitcoin is doing fine, and anyone with clear head, will try to used bitcoin because its so efficient and will try to invest it because bitcoin is potential to grow in the future

A very positive thing is that your children himself does not explain and do not waste time in vain, but the school teachers and the curriculum will make it much better than learning bitcoin at home itself.

When I learned something about cryptocurrency even no one knew and did not mention. It is a modern trend and new technologies. My kids now know more than I do at their age, but that's about bitcoin also know more than their peers, and this is from me and not from the curriculum.

[kwuccduck]

If you have to talk about public schools, then in the first place to talk about how to refer to the state itself bitcoin bitcoin else if not the recognition of a currency at all, and in a program of education, no one will learn it.

[BTCLovingDude]

I think that is not fair, the teacher only talk about bitcoin bad side and i bet the teacher never used bitcoin before, bitcoin is not an illegal currency, it is the same currency that we used but it is in digital form, bitcoin will crash if nobody used it anymore and when most of the country banned the coin, but until now bitcoin is doing fine, and anyone with clear head, will try to used bitcoin because its so efficient and will try to invest it because bitcoin is potential to grow in the future

it is only one place and one random thing that was told by one random teacher and if i had to guess i would say he had lost money trading bitcoin and now that teacher is pissed off because of the money that he lost because of FOMO buying and then panic selling.

[Mometaskers]

I'm no economist but it's sad that it seem that most of his arguments about bitcoin are based on his view that it's only used for shady deals.


1. That's illegal : It's not implicitly illegal and people are using resources to mine it. If he think it's illegal because of the way it's being used then fiat would be illegal to. Heck even sex can be illegal, some people exchange it to get drugs.

2. It will crash : This is a possibility but it's not limited to bitcoin alone. Bitcoins are definitely more useful than tulips.

3. Anyone clear in its head wouldn't use it : Anyone in his right mind should have bought it when it was low.

4. Bitcoin at a bigger scale would fail : The great thing about bitcoin is that it can be divided into ever smaller units. Huge leap in it's value would not affect the way it's being used as a currency. If it drops, then people would just hold on to it till it recover. There's no getting rid of it at this point, IMHO.