Bitcoin Forum
October 21, 2018, 01:37:30 PM *
News: Make sure you are not using versions of Bitcoin Core other than 0.17.0 [Torrent], 0.16.3, 0.15.2, or 0.14.3. More info.
 
   Home   Help Search Donate Login Register  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 [16] 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 »
  Print  
Author Topic: Would bitcoin help teach kids about saving?  (Read 13722 times)
BitcoinCommodor
Full Member
***
Offline Offline

Activity: 476
Merit: 106


Revolutionising Marketing and Loyalty


View Profile
October 19, 2017, 08:22:37 AM
 #301

Bitcoin would definitely help kids learn about saving because they have to learn the fundamentals of $ before they can start to understand Bitcoin. Once they understand Bitcoin's monetary policy they'll want to HODL.
The best way to teach kids about savings and business is using bitcoin and bitcoin has ability to be taught in educational institutions and this will be great if schools will start teaching kids about bitcoin this will allow the kids to set their mind about their benefits in bitcoin and help them to choose the brightest field of time in which they can progress and earn in future.

Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1540129050
Hero Member
*
Offline Offline

Posts: 1540129050

View Profile Personal Message (Offline)

Ignore
1540129050
Reply with quote  #2

1540129050
Report to moderator
1540129050
Hero Member
*
Offline Offline

Posts: 1540129050

View Profile Personal Message (Offline)

Ignore
1540129050
Reply with quote  #2

1540129050
Report to moderator
Silberman
Hero Member
*****
Offline Offline

Activity: 756
Merit: 502


View Profile
October 22, 2017, 04:24:33 PM
 #302

If they started saving now they will be rich in the future for sure. Because you can see bitcoin only growing. Sometimes it went down but it always goes back up. So that is why you should teach kids about bitcoin and saving bitcoin.
Most kids are not going to have the mental maturity to understand that holding bitcoin for a long time is going to give them profits, you must understand that even the most level headed kid does not have a lot of patience these days, in fact patience is not a characteristic that is common among the human population that is why despite the fact that everyone knows that holding is good very few do it.
Awnar
Full Member
***
Offline Offline

Activity: 231
Merit: 250


Vacation rentals platform powered by CryptoDNA®


View Profile
October 23, 2017, 09:01:33 AM
 #303

Like cash it doesn’t really teach kids even some adults about how to properly manage spending. It really depends on the person using bitcoin, it also depends on the people around that person or kinds who will teach and remind them about handling and managing their bitcoin. If we will teach kids about proper way of spending and saving its better to show them how to do it not just by words but also by example.

Pixyoxx
Full Member
***
Offline Offline

Activity: 224
Merit: 119



View Profile
October 23, 2017, 09:29:21 AM
 #304

Yes definitely, alt coins can be a detrimental factor in teaching young children about savings and investment. Here they can see real time fluctuation and how they can make profit out of this. They can learn about the market here with bitcoins and can develop their interest in savings.

M O Z O   //    $31M RAISED!    PRE-LISTED on Coinrail    $450k Bounty Tradable on 8/8/18
●            ●                       VERSACE & 38,000 Stores are accepting MOZO TOKENS                      ●            ●
●            ●            WHITEPAPER        MEDIUM        TELEGRAM        ANN THREAD            ●            ●
Kr8os
Member
**
Offline Offline

Activity: 84
Merit: 10


View Profile WWW
October 23, 2017, 11:33:11 PM
 #305

I don't know if that would encourage SAVING....but investment. But even that would be a very skewed view of what investment would normally look because of the upward trajectory Bitcoin is currently trending on.
romeitaly
Full Member
***
Offline Offline

Activity: 182
Merit: 100


View Profile
October 23, 2017, 11:49:02 PM
 #306

So I have 2 cousins. One of them doesn't save and is a huge spender while the other is a saver and spends only once a year. So would bitcoin be a good way to teach them about saving? Since, mining bitcoin is the only way to make alot of bitcoin, I would use a alt wallet to show them what happens if you spend and don't save. What do you think?
Well, that's a good idea, and I think somehow yes, it will help them to save more money. Just let them know what it is all about so that they can fully understand how it goes and how it works. Bitcoin somehow says to us that netter to save now than to spend because there's a possibility it will get bigger and it is better to spend it later on because you have saved more than enough.

GSC Platform Navigate To The Heart Of A Revolution
Whitepaper ICO Presale July 1st, 2018 Ann
TelegramTwitterRedditMediumLinkedinFacebookInstagramYoutube
Altero
Full Member
***
Offline Offline

Activity: 462
Merit: 101



View Profile
October 23, 2017, 11:51:03 PM
 #307

So I have 2 cousins. One of them doesn't save and is a huge spender while the other is a saver and spends only once a year. So would bitcoin be a good way to teach them about saving? Since, mining bitcoin is the only way to make alot of bitcoin, I would use a alt wallet to show them what happens if you spend and don't save. What do you think?
Actually for their young mines, probably it won't work for them. We can't force them to be that way because they just enjoying their time as a kid. It is their time to be in school and learn more and they can learn savings later time.

megynacuna
Sr. Member
****
Offline Offline

Activity: 644
Merit: 250


★Bitvest.io★ Play Plinko or Invest!


View Profile
October 23, 2017, 11:53:52 PM
 #308

So I have 2 cousins. One of them doesn't save and is a huge spender while the other is a saver and spends only once a year. So would bitcoin be a good way to teach them about saving? Since, mining bitcoin is the only way to make alot of bitcoin, I would use a alt wallet to show them what happens if you spend and don't save. What do you think?
Actually for their young mines, probably it won't work for them. We can't force them to be that way because they just enjoying their time as a kid. It is their time to be in school and learn more and they can learn savings later time.

Sure, it should be a matter of choice and not imposition. The kids themselves should be allowed to make their decisions when they are old enough to understand and absorb bitcoin but we can invest in it for their future sake.



BITVEST DICE
HAS BEEN RELEASED!


▄████████████████████▄
██████████████████████
██████████▀▀██████████
█████████░░░░█████████
██████████▄▄██████████
███████▀▀████▀▀███████
██████░░░░██░░░░██████
███████▄▄████▄▄███████
████▀▀████▀▀████▀▀████
███░░░░██░░░░██░░░░███
████▄▄████▄▄████▄▄████
██████████████████████
▀████████████████████▀
▄████████████████████▄
██████████████████████
█████▀▀█▀▀▀▀▀▀██▀▀████
█████░░░░░░░░░░░░░▄███
█████░░░░░░░░░░░░▄████
█████░░▄███▄░░░░██████
█████▄▄███▀░░░░▄██████
█████████░░░░░░███████
████████░░░░░░░███████
███████░░░░░░░░███████
███████▄▄▄▄▄▄▄▄███████
██████████████████████
▀████████████████████▀
▄████████████████████▄
███████████████▀▀▀▀▀▀▀
███████████▀▀▄▄█░░░░░█
█████████▀░░█████░░░░█
███████▀░░░░░████▀░░░▀
██████░░░░░░░░▀▄▄█████
█████░▄░░░░░▄██████▀▀█
████░████▄░███████░░░░
███░█████░█████████░░█
███░░░▀█░██████████░░█
███░░░░░░████▀▀██▀░░░░
███░░░░░░███░░░░░░░░░░
▀██░▄▄▄▄░████▄▄██▄░░░░
▄████████████▀▀▀▀▀▀▀██▄
█████████████░█▀▀▀█░███
██████████▀▀░█▀░░░▀█░▀▀
███████▀░▄▄█░█░░░░░█░█▄
████▀░▄▄████░▀█░░░█▀░██
███░▄████▀▀░▄░▀█░█▀░▄░▀
█▀░███▀▀▀░░███░▀█▀░███░
▀░███▀░░░░░████▄░▄████░
░███▀░░░░░░░█████████░░
░███░░░░░░░░░███████░░░
███▀░██░░░░░░▀░▄▄▄░▀░░░
███░██████▄▄░▄█████▄░▄▄
▀██░████████░███████░█▀
▄████████████████████▄
████████▀▀░░░▀▀███████
███▀▀░░░░░▄▄▄░░░░▀▀▀██
██░▀▀▄▄░░░▀▀▀░░░▄▄▀▀██
██░▄▄░░▀▀▄▄░▄▄▀▀░░░░██
██░▀▀░░░░░░█░░░░░██░██
██░░░▄▄░░░░█░██░░░░░██
██░░░▀▀░░░░█░░░░░░░░██
██░░░░░▄▄░░█░░░░░██░██
██▄░░░░▀▀░░█░██░░░░░██
█████▄▄░░░░█░░░░▄▄████
█████████▄▄█▄▄████████
▀████████████████████▀




Rainbot
Daily Quests
Faucet
Asmonist
Sr. Member
****
Offline Offline

Activity: 416
Merit: 250


View Profile
October 24, 2017, 12:26:57 AM
 #309

So I have 2 cousins. One of them doesn't save and is a huge spender while the other is a saver and spends only once a year. So would bitcoin be a good way to teach them about saving? Since, mining bitcoin is the only way to make alot of bitcoin, I would use a alt wallet to show them what happens if you spend and don't save. What do you think?

As early as possible we should learn to save. When I was young my mother teach me how to save. I used an empty container of an alcohol or baby powder to put my coins. At this time, I guess its best to teach them now especially that there are so many things to spend today. So if they have savings then you can teach them to invest in bitcoin. Kids today are very used to in internet as well.

Natsuu
Full Member
***
Offline Offline

Activity: 448
Merit: 100



View Profile
October 24, 2017, 12:46:03 AM
 #310

So I have 2 cousins. One of them doesn't save and is a huge spender while the other is a saver and spends only once a year. So would bitcoin be a good way to teach them about saving? Since, mining bitcoin is the only way to make alot of bitcoin, I would use a alt wallet to show them what happens if you spend and don't save. What do you think?
Actually for their young mines, probably it won't work for them. We can't force them to be that way because they just enjoying their time as a kid. It is their time to be in school and learn more and they can learn savings later time.

Yeah I agree. The fact that we can teach the kids to save up even without bitcoin and their interest and focus are into something.
I mean they're too young for this, just let them explore through themselves and without forcing these and those. And when the time comes, for sure they'll be the one to ask you about this bitcoin thing.

AGATE  ▄▄▄▄▄▄ Facebook Telegram Twitter Medium   ▄▄▄▄▄▄   AGATE
█ █ █ █ █ █ █ █    PayPal of Cryptocurrencies    █ █ █ █ █ █ █ █
████  Blockchain Protocol + 12 Working Modules - Use Crypto as Cash  ████
lvincent
Full Member
***
Offline Offline

Activity: 280
Merit: 102



View Profile
October 24, 2017, 02:15:37 AM
 #311

I think btc will really helps the kids to earn some money, like me before btc was introduced to me i did'nt save any money i always spend every money that i had but when btc was introduced by my friend to me my aspect in life change i learn to save money and to plan for my future it really helps a lot.

szpalata
Sr. Member
****
Offline Offline

Activity: 602
Merit: 253


★Bitvest.io★ Play Plinko or Invest!


View Profile
October 24, 2017, 02:19:39 AM
 #312

I think btc will really helps the kids to earn some money, like me before btc was introduced to me i did'nt save any money i always spend every money that i had but when btc was introduced by my friend to me my aspect in life change i learn to save money and to plan for my future it really helps a lot.

It will help them save but it should be under the guidance of a parent or a guardian so that they wouldn't be easily led astray by what they could do with the funds they are earning and holding.



BITVEST DICE
HAS BEEN RELEASED!


▄████████████████████▄
██████████████████████
██████████▀▀██████████
█████████░░░░█████████
██████████▄▄██████████
███████▀▀████▀▀███████
██████░░░░██░░░░██████
███████▄▄████▄▄███████
████▀▀████▀▀████▀▀████
███░░░░██░░░░██░░░░███
████▄▄████▄▄████▄▄████
██████████████████████
▀████████████████████▀
▄████████████████████▄
██████████████████████
█████▀▀█▀▀▀▀▀▀██▀▀████
█████░░░░░░░░░░░░░▄███
█████░░░░░░░░░░░░▄████
█████░░▄███▄░░░░██████
█████▄▄███▀░░░░▄██████
█████████░░░░░░███████
████████░░░░░░░███████
███████░░░░░░░░███████
███████▄▄▄▄▄▄▄▄███████
██████████████████████
▀████████████████████▀
▄████████████████████▄
███████████████▀▀▀▀▀▀▀
███████████▀▀▄▄█░░░░░█
█████████▀░░█████░░░░█
███████▀░░░░░████▀░░░▀
██████░░░░░░░░▀▄▄█████
█████░▄░░░░░▄██████▀▀█
████░████▄░███████░░░░
███░█████░█████████░░█
███░░░▀█░██████████░░█
███░░░░░░████▀▀██▀░░░░
███░░░░░░███░░░░░░░░░░
▀██░▄▄▄▄░████▄▄██▄░░░░
▄████████████▀▀▀▀▀▀▀██▄
█████████████░█▀▀▀█░███
██████████▀▀░█▀░░░▀█░▀▀
███████▀░▄▄█░█░░░░░█░█▄
████▀░▄▄████░▀█░░░█▀░██
███░▄████▀▀░▄░▀█░█▀░▄░▀
█▀░███▀▀▀░░███░▀█▀░███░
▀░███▀░░░░░████▄░▄████░
░███▀░░░░░░░█████████░░
░███░░░░░░░░░███████░░░
███▀░██░░░░░░▀░▄▄▄░▀░░░
███░██████▄▄░▄█████▄░▄▄
▀██░████████░███████░█▀
▄████████████████████▄
████████▀▀░░░▀▀███████
███▀▀░░░░░▄▄▄░░░░▀▀▀██
██░▀▀▄▄░░░▀▀▀░░░▄▄▀▀██
██░▄▄░░▀▀▄▄░▄▄▀▀░░░░██
██░▀▀░░░░░░█░░░░░██░██
██░░░▄▄░░░░█░██░░░░░██
██░░░▀▀░░░░█░░░░░░░░██
██░░░░░▄▄░░█░░░░░██░██
██▄░░░░▀▀░░█░██░░░░░██
█████▄▄░░░░█░░░░▄▄████
█████████▄▄█▄▄████████
▀████████████████████▀




Rainbot
Daily Quests
Faucet
Wickedwitch28
Member
**
Offline Offline

Activity: 181
Merit: 10


View Profile
October 24, 2017, 02:38:49 AM
 #313

So I have 2 cousins. One of them doesn't save and is a huge spender while the other is a saver and spends only once a year. So would bitcoin be a good way to teach them about saving? Since, mining bitcoin is the only way to make alot of bitcoin, I would use a alt wallet to show them what happens if you spend and don't save. What do you think?


I don't think it's the best way for kids to teach bitcoins how to save money. There are establishments that accept bitcoins and you can't avoid it because bitcoin is in the market nowadays. I suggest to teach them how to spend right the money.

                     KitToken.net                     
     ▔  Utility * Organic Growth * Sharing  ▔     
Sled
Hero Member
*****
Offline Offline

Activity: 938
Merit: 500

★YoBit.Net★ 350+ Coins Exchange & Dice


View Profile
October 24, 2017, 08:30:05 AM
 #314

I think btc will really helps the kids to earn some money, like me before btc was introduced to me i did'nt save any money i always spend every money that i had but when btc was introduced by my friend to me my aspect in life change i learn to save money and to plan for my future it really helps a lot.

It will help them save but it should be under the guidance of a parent or a guardian so that they wouldn't be easily led astray by what they could do with the funds they are earning and holding.
I agree to that. They still need to be guided by their parents because their parents will help them to go to the right path in bitcoin because if they will not be guided by their parents then they will become greedy in spending or using their bitcoin unlike if they will be guided because they will become more conservative about bitcoin and they will prefer to keep it rather than spend it.

Silberman
Hero Member
*****
Offline Offline

Activity: 756
Merit: 502


View Profile
October 26, 2017, 07:12:01 PM
 #315

Like cash it doesn’t really teach kids even some adults about how to properly manage spending. It really depends on the person using bitcoin, it also depends on the people around that person or kinds who will teach and remind them about handling and managing their bitcoin. If we will teach kids about proper way of spending and saving its better to show them how to do it not just by words but also by example.
We do not need money to teach about kids about saving, you could use candy, you could give to them some candy and tell them that if they keep that candy for some days that they are going to receive more candy in return then you explain to them the same happens to money and bitcoin and they are going to be able to grasp the concept immediately and understand the concept of saving.
Barbut
Hero Member
*****
Offline Offline

Activity: 980
Merit: 501


🔷 BLINKED 🔷


View Profile
October 26, 2017, 08:54:49 PM
 #316

Like cash it doesn’t really teach kids even some adults about how to properly manage spending. It really depends on the person using bitcoin, it also depends on the people around that person or kinds who will teach and remind them about handling and managing their bitcoin. If we will teach kids about proper way of spending and saving its better to show them how to do it not just by words but also by example.
We do not need money to teach about kids about saving, you could use candy, you could give to them some candy and tell them that if they keep that candy for some days that they are going to receive more candy in return then you explain to them the same happens to money and bitcoin and they are going to be able to grasp the concept immediately and understand the concept of saving.

This is perfect example of how some people give bitcoin to much power. Many similar threads where people think that bitcoin can solve poverty, bitcoin can solve all the problems in economy, and now we have thread about bitcoin helping kids to save?! Bitcoin can`t help in any of this things, bitcoin doesn`t have power to solve anything, its a tool, and tools are used to make things easier and better but only if you know how to use it.
You can give many examples how to teach kids about saving, probably all of them are good, kids are different and each kid needs different approach. When you teach him how to save he will save everything, not just money.

Geemy
Member
**
Offline Offline

Activity: 350
Merit: 15

The future of security tokens


View Profile
October 26, 2017, 09:02:29 PM
 #317

it's very hard to teach kids about bitcoin , and many another way to teach them how to saving

selectaselectine
Member
**
Offline Offline

Activity: 168
Merit: 16


View Profile
October 28, 2017, 06:56:42 AM
 #318

Yes. I think teaching children on how to spend their money wisely can help them save.

pecson134
Sr. Member
****
Offline Offline

Activity: 434
Merit: 250



View Profile
October 28, 2017, 07:11:48 AM
 #319

So I have 2 cousins. One of them doesn't save and is a huge spender while the other is a saver and spends only once a year. So would bitcoin be a good way to teach them about saving? Since, mining bitcoin is the only way to make alot of bitcoin, I would use a alt wallet to show them what happens if you spend and don't save. What do you think?

Yes you could because in bitcoins you can teach them the principle of saving and using it on the right time and the implications when you used up all your saving without hesitation. Bitcoins will just serve as a medium to teach not only kids but also those people who were buying on impulse or what we called impulsive buying.

▄▄█████████▄▄
▄█████████████████▄
▄█████████████████████▄
▄███▀▀   ▀▀███▀▀   ▀▀███▄
▄███    ▄▄   ▀   ▄▄    ███▄

███▌  ▄█████▄ ▄█████▄  ▐███
████  ███████ ███████  ████
████▌ ▐█████████████▌ ▐████
▀███▀  ▀███████████▀  ▀███▀
▀██▄▄▄▄███████████▄▄▄▄██▀
▀█████████████████████▀
▀█████████████████▀
▀▀█████████▀▀
MOZO
|||
▄▄▀▀▀▀▀▀▀▀▀▀▀▀▄▄
▄▀▀ ▄▄▀▀▀▀ ▄▄ ▀▀▄▄ ▀▀▄
▄▀▀ ▄▀▄ ▄▄▄▀▀▀▄▄ █▀▄▄▀▀▄ ▀▀▄
▄▀ ▄▀▀ █ ▀▀█▀▄  ▐▌█ ▄▄▄▀▀▄▀▀▄ ▀▄
▄▀ ▀▄▄█▄█▀▀▄ ▀▀▀▄█ █▀▄▄▀▄▀▄██▄  ▀▄
▄▀ ▄█▄▄▄▀█▄▀▀▀▄▄▀▄█▀▀▀▄▄▄ ▀▄▄▄▄▀▀▄▀▄
█▄▀▄▄▀▀▄▀ ▄▄▀▀▄▀▀█▀▄▄▀▀█ ▀▀▄▄▄▄▀▀▀██
█▄▀▀█  █▄▀▀▄▄▀▀▄█▀▄▄▄▄▀▀▄█▀▀▄ ▐▌▄  ▀▄█
█▀▀█ ▄█ ▀▀█▄▄▄▀▀      ▀▀▀█▀▀▀▀▄▀▄▀▀▄██
█ ▀▄▀▄ █  ▄▄█ ▀▀▄▀  ▄▀▀▄▀█▀▄▄▀▄█ ▄ ▄ █
█ ▄ ▀▄█ ▄ ▄█ ▀██▀ █ ▀██▀ █ ▄█ █  █ █ █
█ █  ▄ █▄▀▀█     █       █▀▄ █   █ █ █
█ █  █  ▀█▀ █    ▀▄▀   █ █ █ ▀  ▄▀ █ █
█ █ ▀▄  █ ▄█▀▄ ▄▄▄▄▄ ▄▀▄▀█▄▀  ▄▀ █ █
▀▄ █ ▀▄  █ ▀▄▀▄▄ ▀ ▄▄▀▄▀ █▐▌ ▄▀ █ ▄▀
▀▄ █  ▀ ██▀▄▀▄▄▀▀▀▄▄▀  ▐▌█ ▀ ▄▀ ▄▀
▀▄ ▀▄▄  █ ▄▀▄▄▀▄▄▀▄▀▀▄▀▄  ▄▄▀ ▄▀
▀▄▄ ▀▄▄▀▀▀       ▀▀▀ ▄▄▀ ▄▄▀
▀▄▄ ▀▀▄▄▄▄▄▄▄▄▄▄▀▀ ▄▄▀
▀▀▄▄▄▄▄▄▄▄▄▄▄▄▀▀
.
VERSACE
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
38,000 STORES are
accepting MOZO TOKENS

thet
Full Member
***
Offline Offline

Activity: 252
Merit: 100



View Profile
October 28, 2017, 07:13:40 AM
 #320

We can teach them how to save and how to value the money that they get from their allowances in school. It will help them to be responsible in the future.

At their very young age, i think they will not appreciate and pickup when i explain with them about bitcoin. I will just wait until they ask me what i am doing, that will be the start of the conversation process.

Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 [16] 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!