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Author Topic: Are Your Kids Aware Of Bitcoin? Teach Them.  (Read 5550 times)
GiftedMAN (OP)
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April 01, 2022, 06:55:46 AM
 #61

In my opinion it's fine to teach bitcoin to kids as early as they can understand and adopt it, because bitcoin is constantly getting more and more valuable as the time goes by, while also increasing its support worldwide.

Just imagine if kids adopted bitcoin years ago and played online games which rewarded free satoshis as prizes. That would have been great and also a big boost for executing plans which demand financial resources they want to achieve when growing older.

I believe we could say bitcoin is an upgrade of the old good piggy bank, where kids were used to deposit every cents, saving for their future.
Good explanation@uneng, Bitcoin will serve as an upgraded piggy bank if the kids are well taught about It.
Apart from that, it will also help to reduce their total reliance on fiat currency, so I encourage every parent to equip their kids with bitcoin knowledge hence they can operate computers and phones.

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April 01, 2022, 09:10:29 AM
 #62

In my opinion it's fine to teach bitcoin to kids as early as they can understand and adopt it, because bitcoin is constantly getting more and more valuable as the time goes by, while also increasing its support worldwide.

Just imagine if kids adopted bitcoin years ago and played online games which rewarded free satoshis as prizes. That would have been great and also a big boost for executing plans which demand financial resources they want to achieve when growing older.

I believe we could say bitcoin is an upgrade of the old good piggy bank, where kids were used to deposit every cents, saving for their future.

Bitcoin may be popular among the crypto community but its not a fundamental technology which every kid must be aware of in its early days. Kids these days are so much obsessed with electronic gadgets that they are paying less attention to outdoor activities and playing real world games. They will come to know about bitcoin as they grow up, let them focus on there childhood activities.
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April 01, 2022, 10:10:16 AM
 #63

In my opinion it's fine to teach bitcoin to kids as early as they can understand and adopt it, because bitcoin is constantly getting more and more valuable as the time goes by, while also increasing its support worldwide.

Just imagine if kids adopted bitcoin years ago and played online games which rewarded free satoshis as prizes. That would have been great and also a big boost for executing plans which demand financial resources they want to achieve when growing older.

I believe we could say bitcoin is an upgrade of the old good piggy bank, where kids were used to deposit every cents, saving for their future.

Bitcoin may be popular among the crypto community but its not a fundamental technology which every kid must be aware of in its early days. Kids these days are so much obsessed with electronic gadgets that they are paying less attention to outdoor activities and playing real world games. They will come to know about bitcoin as they grow up, let them focus on there childhood activities.

With gadgets now, children have started to recognize the world of media, of course if they have grown up they will definitely know what bitcoin is and how to get it, especially for those who love games on their cellphone, it is certainly very easy for them to get bitcoin.
especially now that there are many games available with crypto payments.
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April 01, 2022, 10:14:47 AM
 #64

It's been a tradition that a parent passes their wealth or their business to their children but if a parent is poor, all they can share to their kids are education which can be achieved if they go to school.

A good manner is also being taught to them. Bitcoin can't change the economy of a country all alone by itself but it can do some impact. Other things are still needed not only bitcoin for a country's economy to improve. It is not wrong to save some money in fiat or in banks IMO because bitcoin on most countries are still not fully accepted. You will still be needing local currencies in your daily life. There is also a risk on storing money in bitcoin as it's unstable.
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April 01, 2022, 10:26:35 AM
 #65

My is a huge fan of My Little Pony and Disneys Frozen. Think it is right time to tell her about bitcoin mining? I cant even imagine what kind of comparison should I use to make her easy to understand what is crypto. Drawing parallels with sandbox and little shovels as GPU?

First years in school are made for learning basics. Teenager age? I think kids are more interested in clothes, sex drugs and rock&roll Cheesy I will teach my kid, but dont know when.

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April 01, 2022, 12:09:45 PM
 #66

My is a huge fan of My Little Pony and Disneys Frozen. Think it is right time to tell her about bitcoin mining? I cant even imagine what kind of comparison should I use to make her easy to understand what is crypto. Drawing parallels with sandbox and little shovels as GPU?

First years in school are made for learning basics. Teenager age? I think kids are more interested in clothes, sex drugs and rock&roll Cheesy I will teach my kid, but dont know when.
You start teaching them when you believe they can understand what your about to teach them at least it should be done when they are familiar with phones or computers.

Teach them in a comprehensive language, if they understand your native language it is an added advantage because most times people communicate and understand better when their native is been used.

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April 01, 2022, 12:13:43 PM
 #67

I don’t have kids but absolutely, if/when I do have them I will 100% educate them on bitcoin & the massive role it’ll play in their lifetimes.

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April 01, 2022, 12:20:13 PM
 #68

With gadgets now, children have started to recognize the world of media, of course if they have grown up they will definitely know what bitcoin is and how to get it, especially for those who love games on their cellphone, it is certainly very easy for them to get bitcoin.
especially now that there are many games available with crypto payments.
I tend to understand but I disagree with your opinion. That's true in this era where technology is really big, anyone can search anything in google including a kid. But most of children are playing popular games in their region, the Play2Earn games isn't popular and costly. However if they play P2E games they got paid in shitcoins, not Bitcoin. They could convert the coins to Bitcoin, but most people don't.
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April 01, 2022, 12:26:12 PM
 #69

Just imagine if kids adopted bitcoin years ago and played online games which rewarded free satoshis as prizes. That would have been great and also a big boost for executing plans which demand financial resources they want to achieve when growing older.
Sure, it would helped them out. However, I'm not aware of any games that offer that, and I doubt the type of games that offer it would be that much interest to kids. The thing is, I'm not a fan of using your kids to earn more money, it just sounds like exploitation to me. Kids should be able to pick what they want to do, within reason of course. You shouldn't be telling them to play a game, because it'll earn you Bitcoin.

Kids aren't kids for very long, they should be enjoying their time with zero responsibilities, rather than looking to earn money as soon as possible. They've got to earn money for the rest of their lives, and we're all adults trying to escape that, so let them be a kid.
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April 01, 2022, 03:21:58 PM
 #70

I don’t have kids but absolutely, if/when I do have them I will 100% educate them on bitcoin & the massive role it’ll play in their lifetimes.
@LFC_Bitcoin don't forget to do that because they will end to be very happy and proud of you as a father. instead of getting them a smartphone to play games, ensure they use the phones to learning how to invest, trade or mine, you will make them to become wealthy at young age.

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April 01, 2022, 03:22:55 PM
 #71

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.
If you could teach them how the fiat world gets worse and worse, and how people could have bought houses for 100 bucks back in the day and eventually turned to cars, to motorbike to grocery to maybe like a book these days. They will realize soon that having money means nothing in the long run. They need to invest their money into something, even if it means creating a debt today because by 10 years time that debt would look so smaller whereas the thing you invested with it could be valued a lot higher, which is what people do with mortgages.

This is the way to educate kids, you need to help them understand investing and the reason for it, not just how to do it.

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April 01, 2022, 03:37:06 PM
 #72

I believe that we're in a generation where most transactions are being done online. There are lots of instances where crypto transactions would be the best option that we'll have so yes, I'm considering teaching my kids about crypto. I'm actually starting to teach them how cryptocurrency works and the real function of Bitcoin. I would want them to be my successors so as early as possible, I'll give them the enlightenment about blockchain technology.
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April 01, 2022, 03:38:25 PM
Merited by JayJuanGee (1)
 #73

My is a huge fan of My Little Pony and Disneys Frozen. Think it is right time to tell her about bitcoin mining? I cant even imagine what kind of comparison should I use to make her easy to understand what is crypto. Drawing parallels with sandbox and little shovels as GPU?

First years in school are made for learning basics. Teenager age? I think kids are more interested in clothes, sex drugs and rock&roll Cheesy I will teach my kid, but dont know when.
There is no right age, everyone is different. Of course if the kids are like 5 that's probably too early, but if we're talking about a teenager well, I understand there are a lot of things way more interesting to do and experience at that age, but it's also a good moment to talk about money management, especially if they want to go to some expensive school.

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April 01, 2022, 03:40:22 PM
 #74

teach them the truth. that bitcoin is worse than wall street and co opted by the same chicago international crime fucks.

Tell them the truth that bitcoin was massively funded with press campaign and the myth of one guy breaking through is a lie.

Tell them the truth that bitcoin crashes violently always and every month and every week.

Tell them the truth that blockchain timestamped encrypted data is an unstoppable force but bitcoin is a smokescreen of lies and mythmaking



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April 01, 2022, 03:47:33 PM
 #75

I can't force them (the kids), have to understand and know Bitcoin, I prefer them to choose their own principles and ideals, what I want my child to be able to exceed my knowledge, all fields are no exception.

If I know Bitcoin he must know more than what I know, my principle of course I can't force if they don't like it, but if they ask about Bitcoin I will definitely introduce Bitcoin to them, in essence I give them the freedom to pursue their own career.

Their kids love and have a desire to know Bitcoin, why not.

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April 01, 2022, 04:00:04 PM
Merited by JayJuanGee (1)
 #76

With gadgets now, children have started to recognize the world of media, of course if they have grown up they will definitely know what bitcoin is and how to get it, especially for those who love games on their cellphone, it is certainly very easy for them to get bitcoin.
especially now that there are many games available with crypto payments.
I tend to understand but I disagree with your opinion. That's true in this era where technology is really big, anyone can search anything in google including a kid. But most of children are playing popular games in their region, the Play2Earn games isn't popular and costly. However if they play P2E games they got paid in shitcoins, not Bitcoin. They could convert the coins to Bitcoin, but most people don't.

Don't let them play P2E games, let them play age appropriate games and should only teach them the basics of bitcoin or crypto. If you teach them to earn bitcoins through P2E, you may end up harming your kids instead of benefiting them. They will be drawn into useless games and are only absorbed in making money and neglect going to school, not to mention they may encounter scam projects and lose money.

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April 01, 2022, 04:32:27 PM
 #77

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.



It is still impossible as they are still toddlers, and I don't know if they would be interested in Bitcoins if they reached certain age of understanding. It is a nice thing to do, but I would rather let them have their childhood lived to the fullest. I mean that is playing and interreacting with other kids. Maybe I would just tell them little about it and if they are somehow into it, I would let them learn by themselves as it was the case for me. That way I will see where their curiosity would bring them, and see if they are willing to be an enthusiast too.
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April 01, 2022, 07:24:44 PM
 #78

Just imagine if kids adopted bitcoin years ago and played online games which rewarded free satoshis as prizes. That would have been great and also a big boost for executing plans which demand financial resources they want to achieve when growing older.
Sure, it would helped them out. However, I'm not aware of any games that offer that, and I doubt the type of games that offer it would be that much interest to kids. The thing is, I'm not a fan of using your kids to earn more money, it just sounds like exploitation to me. Kids should be able to pick what they want to do, within reason of course. You shouldn't be telling them to play a game, because it'll earn you Bitcoin.

Kids aren't kids for very long, they should be enjoying their time with zero responsibilities, rather than looking to earn money as soon as possible. They've got to earn money for the rest of their lives, and we're all adults trying to escape that, so let them be a kid.
Years ago there were some flash games where it was pretty easy and fast to accumulate some thousands of satoshis playing a little every day.

I don't know how interesting these games would be for nowadays kids, because graphics and games alternatives have evolved and changed so much since my childhood, that flash games could be ridiculous for them now... But personally, for me it would be great to play these games while earning btc as a kid, because I've been doing this since ever without earning any money, only for the joy.

Right now, the only games of this kind I'm aware about are smartphone apps which deliver classic arcade games paying satoshis rewards. However, the rewards are terribly low.

On the other hand, I believe in some years there is going to be decent online multiplayer games with fully developed and sustainable internal economies, where kids will be able to play and start building their bitcoin portfolios.

And to play/adopt bitcoin or not must be up to each child to decide. They don't need to exchange their childhood for bitcoin, but introduce bitcoin to their childhood with harmony and balance.

As a kid, I've never been worried about financial life and now I somehow regret about it, because my life as adult could be much more confortable if I did so before back then...

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April 01, 2022, 07:56:28 PM
 #79

My kids are still very young, got married 2018, my first son already shouting bitcoin because my wife always telling him to leave daddy alone to concentrate on bitcoin, so he shouts daddy "bitcoin". Am tutoring my wife, she could have been am expert she didn't believe in it while I was courting her. Today she does.

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April 01, 2022, 08:25:07 PM
 #80

In my opinion it's fine to teach bitcoin to kids as early as they can understand and adopt it, because bitcoin is constantly getting more and more valuable as the time goes by, while also increasing its support worldwide.

Just imagine if kids adopted bitcoin years ago and played online games which rewarded free satoshis as prizes. That would have been great and also a big boost for executing plans which demand financial resources they want to achieve when growing older.

I believe we could say bitcoin is an upgrade of the old good piggy bank, where kids were used to deposit every cents, saving for their future.

Bitcoin may be popular among the crypto community but its not a fundamental technology which every kid must be aware of in its early days. Kids these days are so much obsessed with electronic gadgets that they are paying less attention to outdoor activities and playing real world games. They will come to know about bitcoin as they grow up, let them focus on there childhood activities.
Like what he said above, bitcoin can act as a virtual piggy bank. It's okay if we won't teach our kids for the other use of bitcoin like gaming if we want them to enjoy the outdoor world but teaching them to save in their bitcoin wallet doesn't involve too much monitoring and they can still go outside and hang out there at all times. It is not bad to spend time on your screens but as long as you are earning an income with it.

You don't waste any time compared to when you only watch youtube and play video games because there are no real benefits that you can get with them. Pandemic are still there so going outside is still restricted anyway.

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