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Author Topic: What my daughter thinks of Bitcoin  (Read 2419 times)
BitChick
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October 28, 2013, 02:31:55 AM
 #1

My husband asked my daughter if she understood what Bitcoin was.  She said, "You talk about it all the time.  You think it is like a miracle but then you say you could lose it all."

So then he tried to explain how it was a currency, like the money we had to exchange on our last vacation, but it is not a currency of any real country. It is only currency on the internet.  To which she replied, "Oh. It is like alien currency." 

So I guess we are investing in alien currency that is a miracle that we could lose all of at some point?  Wink  Too funny!



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adamstgBit
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October 28, 2013, 02:34:48 AM
 #2

lol, kids say the funniest things  Cheesy



seriously tho.


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October 28, 2013, 02:42:35 AM
 #3

that's really cute. Wink
Anon136
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October 28, 2013, 02:45:30 AM
 #4

you know what the best way is to teach her right? start paying her for chores around the house in bitcoin instead of fiat.

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
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October 28, 2013, 02:48:38 AM
 #5

you know what the best way is to teach her right? start paying her for chores around the house in bitcoin instead of fiat.

thats not gonna work, kids instantly cry or stop doing chores once they realise they cant instantly buy "hello kitty" socks or chocolate at walmart.

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Don't take any information given on this forum on face value. Please do your own due diligence & respect what is written here as both opinion & information gleaned from experience. If you wish to seek legal FACTUAL advice, then seek the guidance of a LEGAL specialist.
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October 28, 2013, 02:50:36 AM
 #6

you know what the best way is to teach her right? start paying her for chores around the house in bitcoin instead of fiat.

thats not gonna work, kids instantly cry or stop doing chores once they realise they cant instantly buy "hello kitty" socks or chocolate at walmart.

Then help them buy a walmart gift card

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
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Anon136
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October 28, 2013, 02:59:31 AM
 #7

you know what the best way is to teach her right? start paying her for chores around the house in bitcoin instead of fiat.

thats not gonna work, kids instantly cry or stop doing chores once they realise they cant instantly buy "hello kitty" socks or chocolate at walmart.

lol no way. my daughter loves doing chores, honestly she tries so hard to help that shes constantly getting in my way when im trying to clean the house. the money i give her is just a bonus, she would do it anyway even with out any monetary compensation.

also, omg adams so funny, your going to make me wake my wife up.

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
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October 28, 2013, 03:07:43 AM
 #8

most giftcard for bitcoin sites are for the Yanks.. not the Brits.. so in my case its still not useful, and i know kids that prefer something in hand as a direct reward for chores. and not the whole go on computer play around with a couple websites to print out a voucher / get code sent to phone ..

family i have love seeing pennies in their little purses .. and the funniest thing.. if i gave them £1 in pennies (100 coins) they think they are receiving more then if i gave them a £1 coin. well they are all under 6yo so i cant blame them..

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Don't take any information given on this forum on face value. Please do your own due diligence & respect what is written here as both opinion & information gleaned from experience. If you wish to seek legal FACTUAL advice, then seek the guidance of a LEGAL specialist.
BitChick
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October 28, 2013, 03:11:22 AM
 #9

If I give you .01 BTC for chores and you hold for a year it could be worth .1BTC or even 1BTC someday!   Grin  I guess it could teach some delayed gratification.  

I think "alien money" will be much more exciting when she needs to buy her first car or is going to college and we have enough to pay for it then!  

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October 28, 2013, 03:12:46 AM
 #10

If I give you BTC.01 for chores and you hold for a year it could be worth BTC.1 or even BTC1 someday!   Grin  I guess it could teach some delayed gratification.  

I think "alien money" will be much more exciting when she needs to buy her first car or is going to college and we have enough to pay for it then!  

thats true and there is something magical about watching your balance increase.

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
SaltySpitoon
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October 28, 2013, 03:14:17 AM
 #11

How foolish are we all going to feel in a few years when we find out that Satoshi actually was an alien, and Bitcoin was just a ploy to create an intergalactic monetary system, of which he could fuel his planet's dying economy by siphoning off of earthlings inferior technology. On Satoshi's planet, asics cost 1 BTC/THash.

The sad part is, this is by far not the far fetched theory I've seen.
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October 28, 2013, 03:15:06 AM
 #12

If I give you BTC.01 for chores and you hold for a year it could be worth BTC.1 or even BTC1 someday!   Grin  I guess it could teach some delayed gratification.  

I think "alien money" will be much more exciting when she needs to buy her first car or is going to college and we have enough to pay for it then!  

thats true and there is something magical about watching your balance increase.

My bad.  0. 01 BTC cannot be worth .1BTC.  What I meant to say is 0.1BTC is worth $1000  Grin

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October 28, 2013, 03:47:24 AM
 #13

hah awesome. I love her response.

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October 28, 2013, 03:58:08 AM
 #14

probably the best way to describe Bitcoin  "alien currency"  Grin


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October 28, 2013, 04:08:52 AM
 #15

I just started mining Alien coins!!
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October 28, 2013, 04:15:05 AM
 #16

If I give you BTC.01 for chores and you hold for a year it could be worth BTC.1 or even BTC1 someday!   Grin  I guess it could teach some delayed gratification.  

I think "alien money" will be much more exciting when she needs to buy her first car or is going to college and we have enough to pay for it then!  

thats true and there is something magical about watching your balance increase.

My bad.  0. 01 BTC cannot be worth .1BTC.  What I meant to say is 0.1BTC is worth $1000  Grin

it's ok.  you're a girl.

my wife counts the same way.  the more we spend on sales, the more we make! Grin
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October 28, 2013, 04:30:34 AM
 #17

If I give you BTC.01 for chores and you hold for a year it could be worth BTC.1 or even BTC1 someday!   Grin  I guess it could teach some delayed gratification.  

I think "alien money" will be much more exciting when she needs to buy her first car or is going to college and we have enough to pay for it then!  

thats true and there is something magical about watching your balance increase.

My bad.  0. 01 BTC cannot be worth .1BTC.  What I meant to say is 0.1BTC is worth $1000  Grin

it's ok.  you're a girl.

my wife counts the same way.  the more we spend on sales, the more we make! Grin

rofl oh god. "look its on sale, we save 4 dollars by buying this", "um no sweetie spend 10 dollars by buying this, we save money by not buying it"  Roll Eyes Grin

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
BitchicksHusband
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October 28, 2013, 05:16:33 AM
 #18

What can I say?  She's blonde.

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October 28, 2013, 07:36:41 AM
 #19

My husband asked my daughter if she understood what Bitcoin was.  She said, "You talk about it all the time.  You think it is like a miracle but then you say you could lose it all."

So then he tried to explain how it was a currency, like the money we had to exchange on our last vacation, but it is not a currency of any real country. It is only currency on the internet.  To which she replied, "Oh. It is like alien currency." 

So I guess we are investing in alien currency that is a miracle that we could lose all of at some point?  Wink  Too funny!





So I guess we are investing in alien currency that is a miracle that we could lose all of at some point? 

Like US currency which could be next on a long list?

http://en.wikipedia.org/wiki/Hyperinflation#United_States

http://en.wikipedia.org/wiki/Hyperinflation

The idea that it cannot or will not happen again is somewhat childish Smiley which is something you may wish to explain as well.
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October 28, 2013, 07:51:43 AM
 #20

 Cheesy Kids say the funniest things sometimes.

I'll have to see what mine say at some point. Good stuff!

Thanks for sharing.

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