The lack of financial education

[btc-facebook]

My government forbid bitcoin because it will broke their economy so they suggest to invest gold or other legal investment instrument except bitcoin.
I can see my government has a right side because they want to protect their civilian but in other side, investing bitcoin able change my life a bit because the price is skyrocketing up to 1000 %

Of course everybody amaze and aware the power of bitcoin !

[Proton2233]

Many educated people only requires a developing economy. Now the world economy is in stagnation. The government is hiding the beautiful figures of statistics but it is there. Why producing a lot of educated people if it makes no sense to develop. The current financial system does not allow people in poor countries earn enough money. This reduces demand and slows economic development.

[zmkriel]

I don't think that matter or concern is an obligation by the government or the school facilitator to be learned by our children. Financial education can be learn at home. Sorroundings and experienced are enough reasons for the children to mold their mind how hard life is and how important to be financially stable when they go older. From then they will find alternative ways like being aware and interested about cryptocurrency.

[DBronze98]

The lack of financial education in general is a worrying problem. We teach students about literature, maths, science, ... and we tell them that those are the things they need to know in life. Yet usually, the largest single expense they will have on their lives is a house, and that normally comes with a mortgage. Yet, only a few schools will tell them what should they be expecting, the risks and the consequences of such a contract.

Bitcoin and alts is another case in which people are carefully kept in ignorance by the governments and lobbies.

What can we do to make more people interested in economy and finance and to better educate the youth so that they don´t get ripped-off?

Children never have to worry about finances because families always support their lives. The kids only care about getting to school and completing the tests. So no school teaches them about management or learning about finance. They recognize this when they start to worry about the daily expenses to pay.

[DaftAjax]

The lack of financial education in general is a worrying problem. We teach students about literature, maths, science, ... and we tell them that those are the things they need to know in life. Yet usually, the largest single expense they will have on their lives is a house, and that normally comes with a mortgage. Yet, only a few schools will tell them what should they be expecting, the risks and the consequences of such a contract.

Bitcoin and alts is another case in which people are carefully kept in ignorance by the governments and lobbies.

What can we do to make more people interested in economy and finance and to better educate the youth so that they don´t get ripped-off?

Why would it be the government's responsibility to teach anyone about something it didn't create, doesn't control, and doesn't endorse as a currency or payment eco system? Basic financial education like the obligations of credit and home ownership would not entail education about Bitcoin or cryptocurrency. There's no sinister plot to "keep people ignorant" by the government about crypto, there's just no mandate for that type of thing to be taught because it's not anything the government controls.

Although it is not the government who neither created nor control it, it is still the the government's responsibility to let its people know these kinds of things. They have to make them realize that the digital is rapidly evolving and they have to make these people to dive in.

That's the one thing they're wrong about cryptocurrency. They make these propaganda that talks about how messed up these coins are and not making them know what are its potential. Just because its decentralized, and they can't tax people if they earn from this, maybe that's why?

[Nievs]

Lack of financial education is when one cannot handle his/her own money properly. Wherein, they tend to just spend whatever cash they have in their hands or pockets. Due to their lacking of literacy on how to be what we call "thrifty", there comes the banks savings and other forms of saving one's money.

[bry0908]

not everybody has the  capacity to learn and to have an education. many of us are not lucky to go to school. that's why still a lot of people in our world are still lack of education thats why they don't have the capacity to earn for living. but in many ways, they are still looking for a solution to be educated and to learn. what we need to do is to educated others, help the migrants and uneducated people. in this little way we can solve the lack of financial education.

[fiulpro]

Everything that you need to know about finances and stuff like that it's all included in your studies, the way you learn lessons of compound interest and simple interest and solve those problems of maths aren't they playing a big part in your day to day routine involving the interest you calculate with banks and other purposes?
You learn everything in your curriculum but the only thing is that there is no subject like finance it's cut into parts and distributed into numerous subjects.
We do learn the finance we need.

[cryptoalfs76]

The lack of financial education in general is a worrying problem. We teach students about literature, maths, science, ... and we tell them that those are the things they need to know in life. Yet usually, the largest single expense they will have on their lives is a house, and that normally comes with a mortgage. Yet, only a few schools will tell them what should they be expecting, the risks and the consequences of such a contract.

Bitcoin and alts is another case in which people are carefully kept in ignorance by the governments and lobbies.

What can we do to make more people interested in economy and finance and to better educate the youth so that they don´t get ripped-off?

We already know that education is a stepping stone to achieve our dreams or to become successful in our future,but due to lack of financial or poverty problem they cannot continue the education,but not all finish there education would become successfull and not all who did not finish there education would become not successful,that why there is cryptocurrency would help us to become merchants  even we could not finish our study and successfull at least we become  successfull of becoming a entrepreneurs.

[fcf1081]

Lack of financial education maybe worrying but it can be solve by learning little by little from time to time in many ways from simply to complex..we can educate our children at the very young age to love counting, love measuring love everything that related to numbers and make it part of their everyday life and not to be afraid of it

[Lampaster]

The lack of financial education in general is a worrying problem. We teach students about literature, maths, science, ... and we tell them that those are the things they need to know in life. Yet usually, the largest single expense they will have on their lives is a house, and that normally comes with a mortgage. Yet, only a few schools will tell them what should they be expecting, the risks and the consequences of such a contract.

Bitcoin and alts is another case in which people are carefully kept in ignorance by the governments and lobbies.

What can we do to make more people interested in economy and finance and to better educate the youth so that they don´t get ripped-off?

We already know that education is a stepping stone to achieve our dreams or to become successful in our future,but due to lack of financial or poverty problem they cannot continue the education,but not all finish there education would become successfull and not all who did not finish there education would become not successful,that why there is cryptocurrency would help us to become merchants  even we could not finish our study and successfull at least we become  successfull of becoming a entrepreneurs.

Now cryptocurrencies are at the beginning of his career. It may happen that rich people will buy up all the coins again and the poor will become poorer. I am sure that talent will always find its way. Poverty is no excuse for lack of education. There is a system of grants, etc. You can have a lot of money but without education you will not be able to multiply. The money you have will end and you again will be poor.

[faceoff97]

The lack of financial education in general is a worrying problem. We teach students about literature, maths, science, ... and we tell them that those are the things they need to know in life. Yet usually, the largest single expense they will have on their lives is a house, and that normally comes with a mortgage. Yet, only a few schools will tell them what should they be expecting, the risks and the consequences of such a contract.

Bitcoin and alts is another case in which people are carefully kept in ignorance by the governments and lobbies.

What can we do to make more people interested in economy and finance and to better educate the youth so that they don´t get ripped-off?

Yes, you are right. There are subjects at school that you cannot use in a practical way.But it doesn't mean that you don't have to learn math, science, literature and other subjects. Life is a continuous process. You must never settle for less.

If the government would allow cryptocurrencies, it will surely open up new opportunities for many people and it would really catch their attention. As the government accepts Bitcoin then they must also do advertisements about it to make bitcoin popular. Most of us people are confident on the government. If the government allows something the people will be more encourage to do/have that thing as well.

[Rufsilf]

Financial education is one of the most important type of education for me because it helps a lot of people to be aware on the things that they are doing with their money. With the financial education, people can easily know what to do in a specific circumstances which i think as a good advantage to have compare to those people who are just randomly spending or using their money without hesitating.

[aardvark15]

The lack of financial education in general is a worrying problem. We teach students about literature, maths, science, ... and we tell them that those are the things they need to know in life. Yet usually, the largest single expense they will have on their lives is a house, and that normally comes with a mortgage. Yet, only a few schools will tell them what should they be expecting, the risks and the consequences of such a contract.

Bitcoin and alts is another case in which people are carefully kept in ignorance by the governments and lobbies.

What can we do to make more people interested in economy and finance and to better educate the youth so that they don´t get ripped-off?

I think it’s up to us to educate ourselves about Bitcoin and cryptocurrencies. We have to do all the research we can and weed out all the bad information. With so many new coins on the market, we have to constantly read as much as we can to keep up. I look at YouTube videos to keep up as well. It also helps to learn charting skills.

[alphaomega.f]

proper allocation of national fund. because from what i notice, those things that are not that important were prioritized like they put more budget on department/s that doesn't contribute positively in the country. instead, they use it for something that doesn't fulfill the rule of life.

[ladydark]

These things could be only learnt from the outside world and not from the school It has already said that the world is the biggest school in the world.People in most developed countries especially in US usually own a house only in mortgage.Wall street and financial firms including bankers have an understanding with the governments and they make people believe that this is the only way to live.But surprisingly, bitcoin has come as a great rescue.But still, governments and bankers try their best to create a negative image about bitcoin and they even mostly succeed in it with the help of media.

[Harrisonimo]

This is really important too because we see a lot of misappropriation being operated everywhere all because some persons didn't have the basic financial education to manage one's spendings.

[Trivelius]

not everybody has the  capacity to learn and to have an education. many of us are not lucky to go to school. that's why still a lot of people in our world are still lack of education thats why they don't have the capacity to earn for living. but in many ways, they are still looking for a solution to be educated and to learn. what we need to do is to educated others, help the migrants and uneducated people. in this little way we can solve the lack of financial education.

But in modern time i think tha tmost of the poeple have the facilities to go to shcool and get education, even in most of the coutries they are prvoding free education to their people. |n modern time i think we can expect that all the people will get education and it will become easy for them to lear about bitcoin how to use it for online purpose as well like fiat currency in offline shops.

[alyssaxx]

Financial education is very important, everyone should have this to properly manage our finances. If we don't have financial education even we work hard everyday our money will be worthless because we don't know how to use it properly.
Having lack of financial education they will stay poor, that's is why we should educate ourselves, our family and children to be financially literate to have a better future.

[Edrian]

The lack of financial education in general is a worrying problem. We teach students about literature, maths, science, ... and we tell them that those are the things they need to know in life. Yet usually, the largest single expense they will have on their lives is a house, and that normally comes with a mortgage. Yet, only a few schools will tell them what should they be expecting, the risks and the consequences of such a contract.

Bitcoin and alts is another case in which people are carefully kept in ignorance by the governments and lobbies.

What can we do to make more people interested in economy and finance and to better educate the youth so that they don´t get ripped-off?

The system was already there, created by the government to make the creativity of each individual lost, lots of Ideas especially to the young ones, but the indoctrinate of the educational system stops there own thinking about the new original ideas that come with their minds. The government wants people to be controlled if they cannot implement that, some people will begin to question and it will proceed for creating a revolt. I agree with you about your statement, but they should be taught discipline first before economics.