teaching a 14y/o teenager about Bitcoin

[r1973]

any good information about digital currencies (i.e. Bitcoin and alt coins, especially Alt mining) for 14 year old teenager beginner that can be a good start?

[lizardbtc]

You can find pretty nice information on youtube regarding cryptocurrencies and how they work. Other would be to join crypto communities for various coins and also to look here at bitcointalk.

Here are some websites that have algorithms for which crypto is best to mine right now :  http://whattomine.com , http://www.coinwarz.com/cryptocurrency

Still it won't be that easy.


If you have some coins I'd suggest maybe to find a good PoS altcoin (Proof Of Stake - they don't require mining you just earn coins by running full node depending on how many coins you have in your wallet, the more you have the more you earn).

[r1973]

You can find pretty nice information on youtube regarding cryptocurrencies and how they work. Other would be to join crypto communities for various coins and also to look here at bitcointalk.

Here are some websites that have algorithms for which crypto is best to mine right now :  http://whattomine.com , http://www.coinwarz.com/cryptocurrency

Still it won't be that easy.

If you have some coins I'd suggest maybe to find a good PoS altcoin (Proof Of Stake - they don't require mining you just earn coins by running full node depending on how many coins you have in your wallet, the more you have the more you earn).

Do you have any suggestions on PoS altcoins?
Yes, this is not easy. I have tried a couple of hours ago to sit down with him (my newphew), trying to watch a basic youtube "what is bitcoin" movie together, and answer his questions - and it was hard(!) from the first second. [thus, I forwarded this chore to his father, my brother:)

[Iranus]

Teenagers aren't stupid.  Any resources you give them which don't descend to technical jargon will be totally fine.  The important thing is that they're actually interested enough themselves - if they're not, they won't care and no amount of explanation will make them research it more and find out what any of the terms actually mean.  You just need to convince them of the blockchain's worth and why it's so innovative, and they'll get a lot further.

[r1973]

Teenagers aren't stupid.  Any resources you give them which don't descend to technical jargon will be totally fine.  The important thing is that they're actually interested enough themselves - if they're not, they won't care and no amount of explanation will make them research it more and find out what any of the terms actually mean.  You just need to convince them of the blockchain's worth and why it's so innovative, and they'll get a lot further.

thanks.
I was thinking of tomorrow to sit down with him, and watch a youtube tutorial on Bitcoin, explain and talk about the movie, answer his questions, and to write down for him on a peice of paper all the technical terms he doesn't understand, as a "homework" for him to learn later.... If he doesn't pass that stage, he is not interested (or I might be a bad teacher) - what do you think?

[Bitcoincy]

I think our friends at CoinDesk have a pretty good Beginner's guide to Bitcoins :-)

[mexicantarget]

I'd suggest you show him how fun can bitcoin be , without him starting with the heavy technical stuff from the beginning.
Step by step. (You need to spark his imagination)

www.gamefaucet.com - www.pokebits.com - www.cryptoracers.com (and www.satoshiwars.com)


If you've got any questions regarding those sites, please let me know.

Good luck!

[mrcash02]

I don't think a 14 years teenager will have money to invest in Alt Coin mining. In my opinion it's not a good way to start.

Create your BTC address and start using some faucets as mexicantarget said above and start accessing BitcoinTalk Forum often. Post here and interact with community, visit the sections you have more interest (Alt Coin, right?).

Slowly you can build your bankroll, and when the time comes and you learn more you will be ready to choose what path to follow, what to do (invest in BTCs, which Alt Coins, etc).

[lizardbtc]

You can find pretty nice information on youtube regarding cryptocurrencies and how they work. Other would be to join crypto communities for various coins and also to look here at bitcointalk.

Here are some websites that have algorithms for which crypto is best to mine right now :  http://whattomine.com , http://www.coinwarz.com/cryptocurrency

Still it won't be that easy.

If you have some coins I'd suggest maybe to find a good PoS altcoin (Proof Of Stake - they don't require mining you just earn coins by running full node depending on how many coins you have in your wallet, the more you have the more you earn).

Do you have any suggestions on PoS altcoins?
Yes, this is not easy. I have tried a couple of hours ago to sit down with him (my newphew), trying to watch a basic youtube "what is bitcoin" movie together, and answer his questions - and it was hard(!) from the first second. [thus, I forwarded this chore to his father, my brother:)

Sorry but I don't want to give anyone any advices, best would be to research on your own, as I do not count myself as a guy that can answer well to that question, also have in mind that you won't earn to much from them  in case of low amount, they usually  give some % per year based on your coins in your wallet.

Here are some good youtube explanations: https://www.youtube.com/watch?v=Lx9zgZCMqXE , https://www.youtube.com/watch?v=axcYecikq8I

And about the wallets : https://www.weusecoins.com/en/find-the-best-bitcoin-wallet/

If you are new you can start playing with dogecoin ( as it is similar to bitcoin) but price is lower and fees are lower so that you can play with it and if you lose some small amount it won't matter much at the beginning , my opinion.

[clickerz]

You can find pretty nice information on youtube regarding cryptocurrencies and how they work. Other would be to join crypto communities for various coins and also to look here at bitcointalk.

Here are some websites that have algorithms for which crypto is best to mine right now :  http://whattomine.com , http://www.coinwarz.com/cryptocurrency

Still it won't be that easy.


If you have some coins I'd suggest maybe to find a good PoS altcoin (Proof Of Stake - they don't require mining you just earn coins by running full node depending on how many coins you have in your wallet, the more you have the more you earn).

That is a good reference site for miners. If the student is interested on mining, you can teach him about the computer hardware needed, how to assemble, configure,selecting proper GPU and finally mine. For a teenager who is interested in computers is a good start.

[Velkro]

any good information about digital currencies (i.e. Bitcoin and alt coins, especially Alt mining) for 14 year old teenager beginner that can be a good start?

Teenagers (not only) learn faster if learning is fun. I would recommend bitcoin documentaries.
Its learn and fun in same time, try rise and rise of bitcoin, it was free to watch, not sure now.

[r1973]

thank you all. You gave great advices and tips...

I was thinking for the first few lessions - in this order >> (the first lesson is today):  
(1) to install bitcoin wallet on my desktop for him. Electrum 2.8
(2) get some free bitcoin on faoucet sites.
(3) forward him to three gaming sites  - www.gamefaucet.com - www.pokebits.com - www.cryptoracers.com (and www.satoshiwars.com)
(4) watch the movie The rise and rise of Bitcoin (2014) [have a copy of the movie on KODI].
(5) and watch a youtube tutorial on Bitcoin, explain and talk about the clip, answer his questions, and to write down for him on a peice of paper all the technical terms he doesn't understand, as a "homework" for him to learn later.

My goal for him, if interested, is for him to learn about Altcoins' Mining.

EDIT - we might start with #4. then 1, 2, 3, 5.

[Cereberus]

I would point them to the best resource website for a beginner to start with.

www.bitcoin.org/en

Teenagers are really careless by nature and this thing is natural at their age. If they will find the website interesting for them and find bitcoin interesting they will dive deep down to learn more about it.

I don't know a better way to start someone with bitcoin.

[mundang]

any good information about digital currencies (i.e. Bitcoin and alt coins, especially Alt mining) for 14 year old teenager beginner that can be a good start?

Its a good thing that a 14 year old teen is already entering the world of bitcoin. However you must first learn what bitcoin is.dont push yourself to learn all the things about cryptocuurency , learn it one by one slowly but surely.

[r1973]

True story. After preliminary preparations from my side earlier this morning, I sat down with my 14 y/o newphew to watch "the rise and rise of Bitcoin" as a starting point for true knowledge of the world. His rabbit holewas the following >> Where do Bitcoins come from? New bitcoins are created randomly and completely spontaneously across the network. All the computers on the network are constantly performing encryption calculations that are designed to ensure that no one else is trying to cheat. Every time a computer performs the required calculation, there is a very small probability that it will be able to solve it before all other computers on the network. In this case, the owner of the computer is entitled to 12.5 Bitcoin coins. New money every 10 minutes. The mathematics behind these calculations is that the reward for the calculation is reduced by half every 4 years, and in the end of 2140 (approximately) no new bitcoins will be produced at all, and the total number of Bitcoin in the network will be 21 million exactly.

He just couldn't get it. He didn't know what is a network, what the Internet is even.

He just couldn't pass this above as if I was talking to a `Zombie` today. He was totally lost in mining.

[odolvlobo]

Mining is an advanced topic. Newbies should have a good understanding of everything else before tackling the details of mining.

[blockcha1n]

I don't think a 14 years teenager will have money to invest in Alt Coin mining. In my opinion it's not a good way to start.

Create your BTC address and start using some faucets as mexicantarget said above and start accessing BitcoinTalk Forum often. Post here and interact with community, visit the sections you have more interest (Alt Coin, right?).

Slowly you can build your bankroll, and when the time comes and you learn more you will be ready to choose what path to follow, what to do (invest in BTCs, which Alt Coins, etc).

Alt coins do not cost that much and are perfect for any one who is dabbling in the cryptocurrency world for the first time to learn on. Before playing with the big boys in the crypto universe.

[favdesu]

better not waste time on mining. read up on it and understand how it works it enough theses days, you can only lose money.

better buy bitcoin or look for some micro work to earn some.

12 btw

[aeternus]

any good information about digital currencies (i.e. Bitcoin and alt coins, especially Alt mining) for 14 year old teenager beginner that can be a good start?

Don’t try to force the subject if he is not interested then leave him alone you should instead try to encourage an interest in bitcoin and once you have that then you can explain bitcoin to him.

[ViceOfBTC21]

Your best bet is to show him Wikipedia page about Bitcoin. http://en.wikipedia.org/wiki/bitcoin Just send him this link and he will prolly learn a lot from this article.