Bitcoin Forum
August 24, 2019, 05:13:45 PM *
News: Latest Bitcoin Core release: 0.18.0 [Torrent] (New!)
 
   Home   Help Search Login Register More  
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 »
  Print  
Author Topic: Would bitcoin help teach kids about saving?  (Read 13859 times)
Alanpigi80
Full Member
***
Offline Offline

Activity: 322
Merit: 101


BIT$CREENER


View Profile WWW
February 23, 2018, 06:13:18 PM
 #841

That would be a great teaching.
One would learn that he should save a good portion of his earnings due to “sh@@t that happens in life” and the other will learn that leaving his savings for a lot of time it’s not a good strategy in the long terms.


Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1566666825
Hero Member
*
Offline Offline

Posts: 1566666825

View Profile Personal Message (Offline)

Ignore
1566666825
Reply with quote  #2

1566666825
Report to moderator
Iblis 02
Newbie
*
Offline Offline

Activity: 126
Merit: 0


View Profile
February 23, 2018, 06:20:09 PM
 #842

on the contrary they will be very wasteful if you know bitcoin because it plays in a big investment that can make every rich in a moment and almost most of them are no longer able to appreciate small money.
Hirameki
Member
**
Offline Offline

Activity: 176
Merit: 10


View Profile WWW
February 23, 2018, 06:23:21 PM
 #843

Yes it will definitely will teach kids to save, it will also teach kids on how to do trading, its a nice startup for age of them to be starting this early of their age
 This would be a training ground for them in cryptocurrency world. This would teach kids to invest and save and then repeat and probably making the kids in the future be a rich minded people.

ASICHEAD
Hero Member
*****
Offline Offline

Activity: 552
Merit: 500


View Profile
March 03, 2018, 10:39:42 PM
 #844

I think that children need to be taught, but bitcoin is unlikely to help this
Although Bitcoin does not help your child anything, but the Bitcoin technology and the real reason to created Bitcoin of Sakamoto will be helpful for your child. But remember, just when your child enough age to understand the concept about economy, you can teach them about the nature of Bitcoin and blockchain technology. If not, it really does not help anything for your child

▄███▄
███████▄
██████▀██▄
█████▄  ▀██▄
████▀  ▄  ▀██▄
███▄ ▄██▀   ▀
██████▀  ▄█▄
███████▄█████▄
███████████████▄
████████████████▀
█████████▀
███████▀
 ▀███▀
Safein     
.M A K E   I S I M P L E.
A   R E V O L U T I O N A R Y   W A Y   T O   P A Y   O N L I N E
.
[WHITEPAPER]
▬▬▬▬▬▬▬▬▬▬▬▬▬▬

██
██
██
██
██
██
██
██
██
██
██
▄█████████████████████████▄
███████████████████████████
████████████████▀░░░░░▐████
███████████████░░░░░░░▐████
██████████████▌░░░▐████████
██████████████▌░░░▐████████
███████████░░░░░░░░░░░█████
███████████░░░░░░░░░░▐█████
██████████████▌░░░▐████████
██████████████▌░░░▐████████
██████████████▌░░░▐████████
██████████████▌░░░▐████████
▀█████████████▌░░░▐███████▀

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

██
██
██
██
██
██
██
██
██
██
██
▄█████████████████████████▄
███████████████████████████
███████████████████████████
██████████████████▀▀███████
█████████████▀▀▀░░░░███████
████████▀▀▀░░░▄▀░░░████████
█████▄░░░░░▄█▀░░░░░████████
████████▄░█▀░░░░░░█████████
█████████▌▐░░░░░░░█████████
██████████░▄██▄░░██████████
████████████████▄██████████
███████████████████████████
▀█████████████████████████▀

██
██
██
██
██
██
██
██
██
██
██
A
▬▬

█▄▄
██████▄▄
██████████▄▄
██████████████▄▄
██████████████████▄▄
█████████████████████
██████████████████▀▀
██████████████▀▀
██████████▀▀
██████▀▀
█▀▀
.GET IT ON               
Google Play
EnricoGomez
Member
**
Offline Offline

Activity: 238
Merit: 11


View Profile
March 04, 2018, 11:05:30 AM
 #845

No. Because as they earn money in bitcoin they might spend it on what they want because of the high value of bitcoin. But it depends on how their parents raise the children if they teached the kid to save up money for the future.
randyboy
Member
**
Offline Offline

Activity: 378
Merit: 10


View Profile
March 04, 2018, 11:19:51 AM
 #846

when they are early in the world of bitcoin it will help them a lot but let should understand them all and let them see by your experience in btc how they can earn double with their savings so they amazed on it and try to invest rather than to save so definitely teach them if they want.

Joriecoinbit
Full Member
***
Offline Offline

Activity: 434
Merit: 105


View Profile
March 04, 2018, 11:29:26 AM
 #847

No. Because as they earn money in bitcoin they might spend it on what they want because of the high value of bitcoin. But it depends on how their parents raise the children if they teached the kid to save up money for the future.

Yeah, I do agree with you. Bitcoin can't teach kids to save money, but rather it can make those kids spend more on useless things because they knew how high the value of bitcoin is. It is our responsibility as parents to teach our kids to save money and let's not rely on bitcoin. And as for me, I will not introduce bitcoin to my son at a very young age because bitcoin is too complicated for kids to understand.
Konthol Ngaceng
Sr. Member
****
Offline Offline

Activity: 644
Merit: 252


View Profile
March 04, 2018, 12:04:41 PM
 #848

It must be admitted that the presence of bitcoin makes us practice for saving and investing, it is never found in financial products that exist in banks, with saving in bitcoin then automatically we invest and this is a good thing for children.
@maetthan17
Newbie
*
Offline Offline

Activity: 93
Merit: 0


View Profile
March 04, 2018, 12:28:56 PM
 #849

I think yes if parents in courage their children and tell to them that bitcoin is very nice in saving money and in the future bitcoin will be having a high rate I am sure kids will be interested on that .
rodriguesgomes
Newbie
*
Offline Offline

Activity: 14
Merit: 0


View Profile
March 04, 2018, 12:30:41 PM
 #850

Yes, its approach is very effective
I myself was unable to save much money a few years back. Then I studied crypto and it turned out that Hold/Patience is the key to big save
linshuhow
Newbie
*
Offline Offline

Activity: 60
Merit: 0


View Profile
March 04, 2018, 12:32:43 PM
 #851

I think kids should start off with learning about the traditional investments e.g. stocks and bonds and money market
fokinlipat
Jr. Member
*
Offline Offline

Activity: 154
Merit: 2


View Profile
March 04, 2018, 02:53:15 PM
 #852

Young people yes but kids NO. I don't think it is a good way to teach kids about saving at their early age. Let them enjoy the moments of being a child, because it cannot be repeated. It is only a one chance, so that they have to treasure every bits of their life as a child. If they gone 15 or 16, well that is the best time to teach our kids about saving.

Completely agree to this. I look at the kids today and most of them are already spending their time on computer games and smartphones. They do not have the time to play outside with their friends. Now teaching them about bitcoins and money is kind of an extra burden. Childhood is not meant for learning these things. Also, I strongly believe that finance is something that a person learns by interest. This is why some of your friends will never show any interest in bitcoins even if you keep forcing them to do so.
Lorin
Full Member
***
Offline Offline

Activity: 518
Merit: 100



View Profile
March 08, 2018, 07:53:58 PM
 #853

It is possible to teach kids  to save money but i can say that once a person earn money  or  hold money theres a possibility that he/she can use it to buy it online.Its hard for them to save because maybe they have a thinking that they will earn again on the next time.Saving money needs discipline.
hangar18
Hero Member
*****
Offline Offline

Activity: 677
Merit: 500


View Profile
March 09, 2018, 04:44:16 PM
 #854

No. Because as they earn money in bitcoin they might spend it on what they want because of the high value of bitcoin. But it depends on how their parents raise the children if they teached the kid to save up money for the future.

Yeah, I do agree with you. Bitcoin can't teach kids to save money, but rather it can make those kids spend more on useless things because they knew how high the value of bitcoin is. It is our responsibility as parents to teach our kids to save money and let's not rely on bitcoin. And as for me, I will not introduce bitcoin to my son at a very young age because bitcoin is too complicated for kids to understand.

With Bitcoin, the children can become the member of under ground world sooner than normal. Because the most activity of children is using money to get money in games. But how to have Bitcoin? If they do not know Bitcointalk, I am sure those children will find from UG world.
jaysabi
Legendary
*
Offline Offline

Activity: 1540
Merit: 1023


View Profile
March 10, 2018, 09:01:31 PM
 #855

It must be admitted that the presence of bitcoin makes us practice for saving and investing, it is never found in financial products that exist in banks, with saving in bitcoin then automatically we invest and this is a good thing for children.

Really? Investing a bunch of money in Bitcoin, which could be up or down 25% in a single day easily, teaches people about saving money better than a savings account at a bank, where he money they put in is substantially likely to remain at a stable value for years? That's ridiculous! Bitcoin doesn't teach people about saving; Bitcoin teaches people about gambling. The act of saving is delaying consumption for future benefit. The act of buyin Bitcoin is guessing that the money you used might be worth more in the future, but has an equal chance of being worth far less. That shouldn't be confused with saving at all.
chicagobulls
Newbie
*
Offline Offline

Activity: 44
Merit: 0


View Profile
March 12, 2018, 09:01:24 AM
 #856

No because kids spend all of there income because they realize that he/she can use bitcoin to make an easy money... So that bitcoin cannot  teach the kids to save there income...
yurenchuang7125
Newbie
*
Offline Offline

Activity: 140
Merit: 0


View Profile
March 12, 2018, 09:05:55 AM
 #857

As a father, I want to teach my children what is money and how to use it wisely. My father taught me to be responsible, to save money, to avoid debt as much as possible, and his education was good for me. Now I'd like to teach my children the truth, but in a mainstream financial advisers are pointing in opposite directions, encourage reckless lending and it does have some difficult times to seek government assistance. Let's move on to bitcoin. Teach our children about the currency of knowledge can provide valuable lessons about money management, this will make them as adults can successfully manage their own money to help them avoid the current global economic problem in us.
joshua123
Full Member
***
Offline Offline

Activity: 434
Merit: 103


CurioInvest [IEO Live]


View Profile WWW
March 12, 2018, 09:10:17 AM
 #858

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 because if they are kids we should teach them at a time because they can gets it and then they know now the saving so that we should teach them about bitcoin or saving.

nadbucs
Jr. Member
*
Offline Offline

Activity: 182
Merit: 5


View Profile
March 12, 2018, 09:26:03 AM
 #859

There is nothing wrong with teaching children to save in bitcoin. It is much reasonable compared on the other stuffs where they spend their money. In bitcoin we 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. This will serve as a medium for them how to control spending for the right thing and spend only if its necessary.
bitcoin31
Hero Member
*****
Offline Offline

Activity: 1190
Merit: 505



View Profile
March 12, 2018, 09:57:12 AM
 #860

How age is your 2 cousins?   Because we know as of now they don't know how to save money.  But if it's teenager they have possibility to convince them to save their money because they are older and have experience because their age is going old.

They have kids or teenager can earn a lot of profit because they invested bitcoin with the young age so they harvest good profit.

          ▄▄████▄▄
      ▄▄███▀    ▀███▄▄
   ▄████████▄▄▄▄████████▄
  ▀██████████████████████▀
▐█▄▄ ▀▀████▀    ▀████▀▀ ▄▄██
▐█████▄▄ ▀██▄▄▄▄██▀ ▄▄██▀  █
▐██ ▀████▄▄ ▀██▀ ▄▄████  ▄██
▐██  ███████▄  ▄████████████
▐██  █▌▐█ ▀██  ██████▀  ████
▐██  █▌▐█  ██  █████  ▄█████
 ███▄ ▌▐█  ██  ████████████▀
  ▀▀████▄ ▄██  ██▀  ████▀▀
      ▀▀█████  █  ▄██▀▀
         ▀▀██  ██▀▀
.WINDICE.████
██
██
██
██
██
██
██
██
██
██
██
██
████
      ▄████████▀
     ▄████████
    ▄███████▀
   ▄███████▀
  ▄█████████████
 ▄████████████▀
▄███████████▀
     █████▀
    ████▀
   ████
  ███▀
 ██▀
█▀

██
██
██
██
██
██
██
██
██
██
██
██
     ▄▄█████▄   ▄▄▄▄
    ██████████▄███████▄
  ▄████████████████████▌
 ████████████████████████
▐████████████████████████▌
 ▀██████████████████████▀
     ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
     ▄█     ▄█     ▄█
   ▄██▌   ▄██▌   ▄██▌
   ▀▀▀    ▀▀▀    ▀▀▀
       ▄█     ▄█
     ▄██▌   ▄██▌
     ▀▀▀    ▀▀▀

██
██
██
██
██
██
██
██
██
██
██
██
                   ▄█▄
                 ▄█████▄
                █████████▄
       ▄       ██ ████████▌
     ▄███▄    ▐█▌▐█████████
   ▄███████▄   ██ ▀███████▀
 ▄███████████▄  ▀██▄▄████▀
▐█ ▄███████████    ▀▀▀▀
█ █████████████▌      ▄
█▄▀████████████▌    ▄███▄
▐█▄▀███████████    ▐█▐███▌
 ▀██▄▄▀▀█████▀      ▀█▄█▀
   ▀▀▀███▀▀▀
████
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
████


▄▄████████▄▄
▄████████████████▄
▄████████████████████▄
███████████████▀▀  █████
████████████▀▀      ██████
▐████████▀▀   ▄▄     ██████▌
▐████▀▀    ▄█▀▀     ███████▌
▐████████ █▀        ███████▌
████████ █ ▄███▄   ███████
████████████████▄▄██████
▀████████████████████▀
▀████████████████▀
▀▀████████▀▀
iePlay NoweiI
I
I
I
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 »
  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!