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Author Topic: Are Your Kids Aware Of Bitcoin? Teach Them.  (Read 5550 times)
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March 31, 2022, 07:36:16 AM
Merited by JayJuanGee (1)
 #21

I think parents should rather focus on teaching their kids good values at an early age, than forcing them to grow up too early. Kids should enjoy their freedom in their early days and they should spend the time to form social bonds with other people and also develop their young bodies to have a healthy and long life.

We have too many kids that are spending way too much time on computers and cellphones and their pre-teen and teen years are speeding past them. Let them have a healthy relationship with their team mates in Sports and also social time with friends and then you can invest in their future, by teaching them how to make money. (A good time to start will be between 16 and 18 years... when most of the basic development are done.)  Wink

Let kids be kids.... that early development is key to a balanced future.  Wink

Cant agree more. My 1.5 years old son is crazy about cell phone and we can't use cell phone in front of him since he want it at every cost. Kids these days are alarmingly tilted towards such electronic gadgets. I will definitely teach my son about bitcoin once he grows up to 10 years, till then I would love to see him playing with toys and with other kids.
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March 31, 2022, 08:48:48 AM
Merited by JayJuanGee (1)
 #22

Cant agree more. My 1.5 years old son is crazy about cell phone and we can't use cell phone in front of him since he want it at every cost. Kids these days are alarmingly tilted towards such electronic gadgets. I will definitely teach my son about bitcoin once he grows up to 10 years, till then I would love to see him playing with toys and with other kids.

Perhaps the age of 10 years is also very early for a child, but some basics can already be explained to him. And to protect children from gadgets in our time is almost impossible, my friends have a child of 2.5 years old and he is so used to watching cartoons from the phone while eating that now he refuses to eat without cartoons. We can say that the parents are to blame, but many of my friends have this situation.

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March 31, 2022, 09:08:27 AM
 #23

Yes, I know my responsibility as a parent and that's already added to my list that when my children understand a lot of things then it will be the time that I'll teach about bitcoin.
But I just want to let them enjoy their childhood because that's how it should be. I've enjoyed my childhood and I want my kids to have fun just as I did when I was young too.

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March 31, 2022, 10:17:50 AM
 #24

Teaching your child about Bitcoin is just a part of the whole lesson you will going to impart to them.
The most important thing is to teach them how run business and how to properly invest his money to things that'll give him infinite profit. May it be a different type of investment of course including Bitcoin.
You don't want to focus on a particular thing like Bitcoin, you will always need to diversify.

R


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March 31, 2022, 10:25:07 AM
 #25

I think it would depend on how old the kids are if they are at their teens and already aware of the value of money then I could teach them about crypto,
But for young kids I would rather let them enjoy their youth than to get them into Bitcoin we all know that even adults have hard time handling it and some are stressing over it,
So I would rather let them have fun on their youth than teach them something that could stress them out.

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March 31, 2022, 11:27:50 AM
 #26

The dream of every successful businessman or woman is to have a good successor. you can not be in the light in which bitcoin has brought you to and allow your children to suffer because you failed to teach them the secret behind your wealth. Let your kids know that bitcoin is the surest way to financial freedom, teach them now that bitcoin is of more value than fiat currency, educate them about the importance of bitcoin to mankind, let them know that bitcoin has changed the economy of countries who saw the light in it and adopted it as a means of doing transactions.

Now that your kids are young and vibrant, be their tutor, ensure they are bitcoin oriented, save them from financial dependency, encourage them to rely on bitcoin instead of saving fiat currency that Depreciates now and then.

Our kids represent the leaders of tomorrow, let's teach them about bitcoin now that we can.



I am always of the view that we should teach our children about bitcoins and cryptocurrency. My children know that bitcoin is some sort of digital money but they have no idea how it works and how to use them. When they will reach above 10 years I will make their wallets and transfer them few dollars worth of Bitcoin to make them experience with this crypto and also to make them more interested in it.

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March 31, 2022, 12:27:31 PM
 #27

Perhaps the age of 10 years is also very early for a child, but some basics can already be explained to him. And to protect children from gadgets in our time is almost impossible, my friends have a child of 2.5 years old and he is so used to watching cartoons from the phone while eating that now he refuses to eat without cartoons. We can say that the parents are to blame, but many of my friends have this situation.


It's the story of every house no matter in which country you are living. Parents find this an easy escape to keep there kids engaged rather then playing with them. There are negative consequences of this approach that will be seen as your child grow up.
Most of us wanna transfer this knowledge to there kids just to make sure the hard work won't go in vain.
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March 31, 2022, 12:34:41 PM
 #28

I already had plans for my unborn kids for Bitcoin education, awareness and investment in place, immediately after my first child is giving birth to ,I will create a Bitcoin wallet for my kid immediately and have at least $100 worth of Bitcoin deposited every month into the wallet so by the time he or she is grown up, I will give all the knowledge I have regarding Bitcoin and when I'm satisfied he or she is much aware and have had a good knowledge of how the system works , then I will surprise my kid with the Bitcoin which I have been saving from the time of birth to begin his or her own journey of life.

R


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March 31, 2022, 01:09:23 PM
 #29

Now that your kids are young and vibrant, be their tutor, ensure they are bitcoin oriented, save them from financial dependency, encourage them to rely on bitcoin instead of saving fiat currency that Depreciates now and then.
Teaching Bitcoin and its basics or giving them knowledge isn't enough for me.

I'd rather teach my kid financial management and the importance of holding your own money than putting your money into a third party like banks. I think teaching Bitcoin alone isn't enough because sure you can teach them Bitcoin but lacking those traits and skills that is related to finance and it will kinda be useless. You can teach Bitcoin to them but it will be useless if our kid doesn't know how to save or at least hold it or doesn't know how to invest in general.

I will teach my kid in the future Bitcoin or crypto in general as well as financial management and I will do it at a young age.

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March 31, 2022, 02:10:41 PM
Merited by JayJuanGee (1)
 #30

Well from the question itself, I can obviously say no since I have yet to have some children but most of my family members are aware of what I am doing.

When I first entered this forum last 2017 and participated into campaign signatures, that gave me this sense of responsibility of sharing this method to my peers. Since living in a third-world country is definitely financial challenging, any form of alternative income generated through the means of convenience is welcome, especially that the current wage is here below $15/day.

Now that my friends and family members are aware, it is up to them if they want to pursue this kind of opportunity. I can only go as far as telling and explaining to them what cryptocurrencies are, but it is still their decision whether they want to further pursue it or not.

R


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March 31, 2022, 02:30:16 PM
Merited by JayJuanGee (1)
 #31

Teaching the basic lesson of how to use bitcoin to our kids is a must so they can use it without having a problem when they are growing up. They are our asset to continue what we do now, and without teaching them rightly, they can't use bitcoin right and will be confused. Although the internet can help them get more information about bitcoin and how to use it, the internet will be full of people who want to steal their money.

I am trying to teach them based on their ages so they can accept my lesson without a problem, and I can increase the lesson following their ages. Hopefully, by doing that, they will not feel difficult and confused about the lesson, and they can ask me if they want to know more details.
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March 31, 2022, 03:03:36 PM
 #32

               Well, I really don't see the need to teach it right now to my son, even more so in the future. This is because he is still 4 years old at the moment and by the time he grows up, bitcoin along with the entirety of this industry will be more known here in my place so he will probably be able to learn it by himself. And it would be better for that to happen since it would be by his own accord making him become more enthusiastic about learning and earning through countless opportunities within this industry.


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March 31, 2022, 04:20:30 PM
Last edit: March 31, 2022, 04:31:57 PM by Doan9269
 #33

you can not be in the light in which bitcoin has brought you to and allow your children to suffer because you failed to teach them the secret behind your wealth.

I know it is very challenging for parents nowadays in changing their children's orientation and thoughts, one can do his best in showing them the way but it is their decision to follow the path they desire, but at least you've acted your path and play your role as parent.

Our kids represent the leaders of tomorrow, let's teach them about bitcoin now that we can.

It is very easy in convincing children but what about the adults, those that knows the difference between left and right are the most difficult being to convince, as at this present dispensation many grown up youths and governments are yet to believe the role of bitcoin in this current digital world economy, lots of work needed to be done in this regards as well.

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March 31, 2022, 05:01:17 PM
 #34

Bitcoin and crypto are volitile assets and should not be forced on kids. There are things meant to be taught kids and there are things for adults. Bitcoin is an adult education and should not be used to border kids that will be learning common sense education. The best a parent should do is to show kids his/her private keys incase of demise. Whenever they grow up, they will learn the technology invoke at their time.
I disagree with you because bitcoin is a currency which is not familiar to everyone, so at this time everyone supposed to know cryptocurrency from child because it has spread worldwide and soon it shall dominate fiat currency, learning it from child will give majority of them more insight, i denote that while some people are criticizing cryptocurrency is because they don't know the relevants of cryptocurrency. So from what i understand so far without your child knowing the concept of cryptocurrency it will not be possible for it to use your private key to import your coins when you departure, so every bitcoiner is advised to teach he or her kids the foundation of bitcoin from child
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March 31, 2022, 05:29:10 PM
 #35

Bitcoin or crypto is the future, so I will teach my child bitcoin or crypto when my child already knows for himself that I use or engage in it in daily activities.
and maybe I will teach it when my child is 5 years old and over and tell it and teach it as best as I can so that my child can understand it well, bitcoin is the future and I want my child to be much better and more profitable when he grows up and bitcoin will also much better and accepted worldwide in the future.

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March 31, 2022, 05:55:28 PM
 #36

This does not even mean that you need to have kids to be able to teach them about bitcoins, you can influence them as a teacher as well. I used to teach in Ukraine before the war broke out and some of the kids from the age of 5 were already involved in courses related to cryptocurrencies. Now these kids would reference to Bitcoins and ask me questions and other kids would be equally interested as well, therefore I use to show them my wallet, how these numbers mean you can exchange them in money and give them a simplified idea of the addresses as well. This was honestly very much a great idea since I do think most of them would grow up in a crypto positive household and at the same time they would also have more financial freedom as well, thereby changing the whole community.

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March 31, 2022, 06:01:14 PM
 #37

You sound like someone trying to sell BTC through an advertisement op. Anyway, teaching the younger generation about BTC and other cryptocurrencies isn't a simple task primarily due to the tough learning curve associated with them.

I have been a part of the crypto world for sometime now and I still don't understand some of the various complicated concepts associated with cryptocurrencies and related tech.

A solution needs to be designed to this problem to help attract new investors(Young and Old) easily thanks to an easier learning curve in my opinion.

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March 31, 2022, 06:46:19 PM
 #38

The dream of every successful businessman or woman is to have a good successor. you can not be in the light in which bitcoin has brought you to and allow your children to suffer because you failed to teach them the secret behind your wealth. Let your kids know that bitcoin is the surest way to financial freedom, teach them now that bitcoin is of more value than fiat currency, educate them about the importance of bitcoin to mankind, let them know that bitcoin has changed the economy of countries who saw the light in it and adopted it as a means of doing transactions.

Now that your kids are young and vibrant, be their tutor, ensure they are bitcoin oriented, save them from financial dependency, encourage them to rely on bitcoin instead of saving fiat currency that Depreciates now and then.

Our kids represent the leaders of tomorrow, let's teach them about bitcoin now that we can.


I use Bitcoin and when I decide to have kids, I will, of course, teach them about it, but, much like for Welsh, for me, it's not about having a successor or business. It's about valuing financial freedom, being critical of institutions and being pro-decentralization. This ideological part is IMO more important than the part where Bitcoin is a good investment. And it's important to let kids make their own choices, I think, rather than push them in certain directions and make financial decisions for them. Independent thinking is crucial, and nurturing it is not something that should be neglected.

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March 31, 2022, 06:54:40 PM
 #39

This does not even mean that you need to have kids to be able to teach them about bitcoins, you can influence them as a teacher as well. I used to teach in Ukraine before the war broke out and some of the kids from the age of 5 were already involved in courses related to cryptocurrencies. Now these kids would reference to Bitcoins and ask me questions and other kids would be equally interested as well...
Very rightly said, we often preach of how we can contribute our quota to increasing the popularity of bitcoins, this is a medium to achieve this common goal, it is also strategic because kids are very important to the future. Not necessarily only your kids should we teach, but any kid at all that gives you an audience. Kids are very curious most time and we can always capitalize on that. In your little conversation with them, mention bitcoins and cryptocurrency to them to spur up their interest, make the concept behind bitcoins and crypto simple enough for them to easily understand and not get bored because kids can get bored very easily.

They say kids are the future, if the future begins to have a better understanding of crypto now, the future will certainly be bright, let's all play our part.

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March 31, 2022, 06:59:31 PM
Merited by JayJuanGee (1)
 #40

I think parents should rather focus on teaching their kids good values at an early age, than forcing them to grow up too early. Kids should enjoy their freedom in their early days and they should spend the time to form social bonds with other people and also develop their young bodies to have a healthy and long life.

We have too many kids that are spending way too much time on computers and cellphones and their pre-teen and teen years are speeding past them. Let them have a healthy relationship with their team mates in Sports and also social time with friends and then you can invest in their future, by teaching them how to make money. (A good time to start will be between 16 and 18 years... when most of the basic development are done.)  Wink

Let kids be kids.... that early development is key to a balanced future.  Wink
I din't think it's too early to start giving some very basic money management education when kids are 10-12. At the end some kids make their own lemonade stand or family businesses in the free time to make some extra money, I don't see a big difference. And again, at that age kids are like sponges, they absorb a lot of information, already having some kind of space in their brain related to money and economics is just going to help them in the long run.

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