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Author Topic: Describe what is bitcoin for a 7 year old kid in few words  (Read 1016 times)
X-Infinity
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November 30, 2018, 07:12:03 AM
 #21

Hi there
What's the most simple way to describe what bitcoin is for people?
Will be cool to read in the comments some new creative ways to do that! Grin

Internet money the whole world can use Tongue
pptIox
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November 30, 2018, 07:24:39 AM
 #22

If are only a 7-year-old child, I will not tell him something that would make him difficult to understand. Just tell him that if you have pocket money, you may buy some bitcoin. When you grow up, you will benefit from what you did when you were a child.
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November 30, 2018, 07:28:47 AM
 #23

it is invisible money that you can spend and earn from.. omG.. i find this silly!  Cheesy just tried..lol
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November 30, 2018, 07:39:49 AM
 #24

it is invisible money that you can spend and earn from.. omG.. i find this silly!  Cheesy just tried..lol

that's fine... we have to just try and explain in the simplest terms possible.  nice try!  Grin
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November 30, 2018, 01:05:33 PM
 #25

For a kid bitcoin is nothing because at this age kids never able to know that what is it as currency they don't know the importance of money the usage of money and they are free of all this and when they become at the age of 15 years then they can use money so they know the importance at that time so it is very common that bitcoin is difficult for aged people now so how kids can understand it.
Right, at there young age it never understand it's hard to explain what bitcoin and the importance of bitcoin, so it's better to wait the right time we can explain them  the true meaning of bitcoin and the usage of it and I know they understand easily the usage of bitcoin.
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November 30, 2018, 01:14:52 PM
 #26

bitcoin is the digita curency that will used by all people in the world, so before you late to join in bitcoin, join with bitcoin right now, and i think you will get the profit by investing in bitcoin right now

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November 30, 2018, 01:17:39 PM
 #27

Hi there
What's the most simple way to describe what bitcoin is for people?
Will be cool to read in the comments some new creative ways to do that! Grin

Bitcoin is a way for clever people to get money from stupid people by telling the stupid people it is an "investment"
swiftbits
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November 30, 2018, 01:44:28 PM
 #28

"Bitcoin is the same as money but is on the internet which is secured and its value changes every time"
I don't think kids understand some terms related to crypto so I think that the easiest way

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November 30, 2018, 01:51:35 PM
 #29

Hi there
What's the most simple way to describe what bitcoin is for people?
Will be cool to read in the comments some new creative ways to do that! Grin

Well, in theory a 7 year old kid understand what's the money because his candies aren't free, so, the best way to explain bitcoin to a kid is:

Quote
Is something you can use to buy candies and toys.

That way the kid will understand it's something like money.

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Captain Sneeze
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November 30, 2018, 01:55:44 PM
 #30

Hi there
What's the most simple way to describe what bitcoin is for people?
Will be cool to read in the comments some new creative ways to do that! Grin
For me it will be easy for kids to understand bitcoin by telling them that its an investment and its the easiest way to earn money. Because of course they are just kids who just watch cartoons at television during weekends.
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November 30, 2018, 04:32:21 PM
 #31

If indeed the situation is very urgent, I will simply explain to him that bitcoin is an electronic transaction that is peer to peer
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November 30, 2018, 04:52:34 PM
 #32

Bitcoin is a digital currency which has a very unique way to be use for payment with no restrictions in border or deal for any form of third party concert before it reflect in the wallet of the receiver and can be called store of asset.

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November 30, 2018, 04:57:11 PM
 #33

It reminds me of a funny story about a father that came up to his son saying "hey kiddo, I wanna talk to you 'bout sex".
- Yeah, dad, what do you want to know about it.  Grin Pretty soon our kids will now about bitcoins more then adults))
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November 30, 2018, 05:21:24 PM
 #34

Well you see child, bitcoin is virtual money that you cant touch but you know its there.The only way you can see it it trough your computer. People use it for games for stuff and for sutuff in games,but there are people who use it to make money cuz the price of that virtual money(bitcoin)can rise and go down.

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November 30, 2018, 05:56:52 PM
 #35

Hi there
What's the most simple way to describe what bitcoin is for people?
Will be cool to read in the comments some new creative ways to do that! Grin

I will tell them, that bitcoin is a means to make payments that are almost the same as the fiat currency that we use in our daily lives. But if they are aroused and try to ask again, then I will explain it in more detail, this certainly must be done so that they are not mistaken in interpreting the meaning and function of bitcoin.

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November 30, 2018, 06:51:58 PM
 #36

Bitcoin is an electronic currency which depends on electronic devices such as mobile phones and computers as its medium of transfer. It can be converted into physical currency from exchangers.

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November 30, 2018, 07:19:22 PM
 #37

i would say that bitcoin is a decentralized digital currency. I will also explain it better by telling him that in bitcoin, you have control over money not the government. If economies fall or governments change, Bitcoin won’t be affected like fiat currencies.




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November 30, 2018, 07:27:43 PM
 #38

Bitcoin is also called  crypto-currency. A type of digital cryptocurrency that is not tied to a central bank and isn’t regulated by a government body such as a treasury. Bitcoin transactions take place entirely online.
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November 30, 2018, 09:06:02 PM
 #39

Btc is a digital currency which is able to transform our financial system into a very convenient one. To my mind, btc is the new era of payments, they will be faster and more reliable. BTC is our future and it is the leader among coins today

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November 30, 2018, 09:13:06 PM
 #40

I would simply tell you that it is digital money that can be used to make transactions with few fees and in record time even if they are international, it is true that we have to invent easier ways to explain to people the use of bitcoin, because when you start talking about cryptography and how the blockchain works, we usually lose their attention.
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