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Author Topic: Are Your Kids Aware Of Bitcoin? Teach Them.  (Read 5633 times)
Nrcewker
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April 28, 2022, 08:53:38 AM
 #221

In my opinion, up-to-date economic information should be given in schools from an early age. As children grow up, they can draw an economic life plan accordingly. This applies not only to bitcoin, but to the entire field of economics.

That’s 100% correct what you have said mate.
Education and that too correct education really plays an important part in development of a student.
But the real problem here is the government . As in many places Bitcoins and other Cryptos are not legalised, so the government won’t agree for this.
Many places government thinks that Bitcoins are only used by criminals for criminal activities. The real fact is that they cannot see the positive aspects of the coin.

Nevertheless whenever i can, i teaches the younger ones about cryptos and how to be independent in life.
So yes kids at my places are aware of Bitcoin, and i can proudly say that I taught them.

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April 28, 2022, 10:06:10 AM
 #222

Nope they're not at the moment mate , But I am planning in the coming year that i believe they are ready to learn and understand .
As my Wife is not that fully interested in crypto though She is supporting me in my crypto journey but I am looking for someone that will follow my step and will take my crypto when i get old or when i die accidentally .
I asked her for this and Yes she allows me to teach our children and understand crypto in the coming years.

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April 29, 2022, 11:18:53 PM
 #223

Nope they're not at the moment mate , But I am planning in the coming year that i believe they are ready to learn and understand
Good. Don't force your children to learn Bitcoin if they are not ready yet. Learning Bitcoin or crypto isn't a priority, it is just an additional lesson. Especially, when your children are still in kindergarten or elementary school. Your children should be in junior high school at least, ideally they are already in senior high school.

As my Wife is not that fully interested in crypto though She is supporting me in my crypto journey but I am looking for someone that will follow my step and will take my crypto when i get old or when i die accidentally
If your wife or your children aren't interested, why don't you look for other people? A niece or nephew can be the alternative if they want. Or if you can't find anyone, just convert all your assets to fiats and make a real business that your wife or children want.
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April 29, 2022, 11:50:29 PM
 #224

In my opinion, up-to-date economic information should be given in schools from an early age. As children grow up, they can draw an economic life plan accordingly. This applies not only to bitcoin, but to the entire field of economics.

Teaching economics at the school level may not be appropriate as kids should learn about a lot of basic things at the school level and should not be involved in complex studies at such early stages. Yes, you can teach them about different digital currencies but should avoid going in-depth about the complexities of economics. They can learn about them at the early college stage.

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April 30, 2022, 03:28:19 PM
 #225

Nope they're not at the moment mate , But I am planning in the coming year that i believe they are ready to learn and understand
Good. Don't force your children to learn Bitcoin if they are not ready yet. Learning Bitcoin or crypto isn't a priority, it is just an additional lesson. Especially, when your children are still in kindergarten or elementary school. Your children should be in junior high school at least, ideally they are already in senior high school.

As my Wife is not that fully interested in crypto though She is supporting me in my crypto journey but I am looking for someone that will follow my step and will take my crypto when i get old or when i die accidentally
If your wife or your children aren't interested, why don't you look for other people? A niece or nephew can be the alternative if they want. Or if you can't find anyone, just convert all your assets to fiats and make a real business that your wife or children want.

I understand and digest what friends are talking about, us as parents, planning, implementing and planning for the future. and the third must be arranged.
we know it is impossible to burden what we think is best including the introduction of bitcoin as a whole in the time we want. it must be at least above the legal age and approved in the country in the form of regulation in participation when you choose isgri because interested may be from asset origin each one is held not mixed. Because privacy is also needed even though it is husband and wife. But returning to trust and difficult when associated with their love, maybe there is no privacy

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April 30, 2022, 03:39:22 PM
 #226


Teaching economics at the school level may not be appropriate as kids should learn about a lot of basic things at the school level and should not be involved in complex studies at such early stages. Yes, you can teach them about different digital currencies but should avoid going in-depth about the complexities of economics. They can learn about them at the early college stage.

Life is full of learning and getting experiences. Kids should be allowed to enjoy there childhood and shouldn't be given the burden of learning complex things like cytpo. As they grow up they will get to know about it for sure. There are many frontiers wh are not recommended for minors but can be unlocked with crypto like porn, gambling etc.
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April 30, 2022, 05:54:21 PM
 #227

Life is full of learning and getting experiences. Kids should be allowed to enjoy there childhood and shouldn't be given the burden of learning complex things like cytpo. As they grow up they will get to know about it for sure. There are many frontiers wh are not recommended for minors but can be unlocked with crypto like porn, gambling etc.
but it all depends on the upbringing of their parents. Parents should keep an eye on their children about what they are learning.
Crypto is only a small part of some of the other knowledge they need to know. Introducing them early when they understand money won't be a problem as long as parents know what they are doing and know their limits. childhood is indeed a time to play, crypto knowledge and others can also be educational while playing.
Therefore, parental control is very important and becomes the main thing.

 
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April 30, 2022, 06:34:18 PM
 #228

I'll introduce bitcoin to my kids at the right age. Right now my sister's kids are in the age to listen, but if we say them about bitcoin it looks like something different to them. Right now the kids are visually observing the nature and the animals, maybe the next thing will be towards the gadgets. By that time I'll try to give some learning about money and not about bitcoin. Surely kids won't gets interested at an age below 15, until then it is good to leave them have the best days of living without thinking anything happening around.

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April 30, 2022, 07:05:05 PM
 #229

Kids you mean under age below 18 years is not ripe enough to know a volatile asset such as Bitcoin what I can do is to build their knowledge about money and it value at that time and also introduce them to some level, and teach them the usage of blockchain but not to introduce them to the volatility of the crypto currency market and it associated risk bellwether in financial independence.
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April 30, 2022, 08:23:57 PM
Merited by JayJuanGee (1)
 #230

In my opinion, up-to-date economic information should be given in schools from an early age. As children grow up, they can draw an economic life plan accordingly. This applies not only to bitcoin, but to the entire field of economics.
I think the economic aspect of it is being done already in every school I must say but I believe that Bitcoin and the technology behind it are important at a certain level or stage in our children's education because really it should be considered as a financial wonder because, how many time have they "the Government" try to bring it down? it's still here and getting even bigger by adoption and something like this should be studied all around.
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April 30, 2022, 08:36:51 PM
 #231

Kids you mean under age below 18 years is not ripe enough to know a volatile asset such as Bitcoin what I can do is to build their knowledge about money and it value at that time and also introduce them to some level, and teach them the usage of blockchain but not to introduce them to the volatility of the crypto currency market and it associated risk bellwether in financial independence.

Generation X, you don't need too teach the kids about Crypto Currencies or Bitcoin and Blockchain Technology as they will get to know about themselves.
But some parents are okay with them children learning about Python and Programming language and they don't find this toxic?
I read on a nineteen years old millionaire who invested the $1000 gifted to him on he's birthday by grandma in Bitcoin.
Kids that will b good will be good, kids that will learn at a tender age will do, I look at the Chinese alot as they start teaching kids about Martial art and defending themselves from small/tender age I value and cherish that alone.

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April 30, 2022, 10:06:19 PM
 #232

In my opinion, up-to-date economic information should be given in schools from an early age. As children grow up, they can draw an economic life plan accordingly. This applies not only to bitcoin, but to the entire field of economics.
I think the economic aspect of it is being done already in every school I must say but I believe that Bitcoin and the technology behind it are important at a certain level or stage in our children's education because really it should be considered as a financial wonder because, how many time have they "the Government" try to bring it down? it's still here and getting even bigger by adoption and something like this should be studied all around.
Dont expect nor anticipate for it to be teach in schools considering that we do live on each country with having different jurisdiction or treatment towards crypto which you cant really able to rely with these

kind of things in speaking for your children to learn up crypto or Bitcoin itself.So it would be a good initiative on letting them know at least with the basics but of course you should consider out on the
right or proper timing on where your kids could able to understand on what you are talking about because it would really be just useless if you do tell them too early.

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May 01, 2022, 07:22:07 AM
 #233

To me i see bitcoin as the future because it brings freedom . It falls in the category of assets that gives you complete control over your assets , hence removing third party management which will require additional charges and other form of paper works . It is good decision to introduce bitcoin to children . Visionary parents who want financial freedom for their children would easily do that. The growth of bitcoin is exceptional among other digital assets in the world . It is a good thing to introduce our children to the future and freedom because i see bitcoin as freedom
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May 01, 2022, 12:13:49 PM
 #234

I do agree introducing Bitcoin to kids is a good idea and do not see any harm in introducing Bitcoin to kids, who are in their middle school or secondary years. Looking into the present scenario, wherein we have nothing for free like for every service we have hidden charges to pay, sometimes knowingly and sometimes unknowingly.

I feel introducing Bitcoin from the visionary parents to their kids for their safe future should be encouraged and motivated. And yes, of course, the concept of Bitcoin should not be imposed on them, but gradually can talk about and let children understand and comprehend it by and by.     
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May 01, 2022, 12:59:57 PM
 #235

Kids you mean under age below 18 years is not ripe enough to know a volatile asset such as Bitcoin what I can do is to build their knowledge about money and it value at that time and also introduce them to some level, and teach them the usage of blockchain but not to introduce them to the volatility of the crypto currency market and it associated risk bellwether in financial independence.

Kids below 10 should only focus on technical aspect of crypto not about the usage or trading aspect. As I was reading this thread I came across good info that crypto can help kids unlock adults features like porn or gambling. Keep this thing in mind if you are introducing bitcoin to kids.
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May 01, 2022, 01:22:48 PM
 #236

my child is still a minor one day I will teach my child about bitcoin so that my child will be able to invest bitcoin for assets in the future, from now on I have collected bitcoin for assets, one day when my child is an adult then I will introduce this asset to him so he doesn't mishandle it.

I have been telling about bitcoin to my child even when they were minor and could not understand what is bitcoin. But the result is that now m child knows that bitcoin is a currency that is used online. My point here is that we should start telling about the bitcoin and crypto to our children right from the 3 years onwards.

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May 01, 2022, 09:38:34 PM
 #237

Kids are young and energetic and in this age it is an obvious thing, they are always up for learning new things. Teaching them about bitcoins and cryptocurrency would be the right decision. There are many factors why they should know about bitcoins and strategies. From a very young age, they get an opportunity to learn how to be financially independent.
I agree with your review, teaching children about bitcoin is ok, but don't let it be a pressure for them, we also have to give them the freedom to spend their childhood, the most beautiful memories can't be bought but if money matters can be found, teach the basics basic bitcoin, how bitcoin works, and how to store bitcoin safely, teach them gradually, slowly but surely.

If you feel that telling your children bitcoin seems boring for them or they feel pressure on knowing about this, why not give them some free satoshi or better tell them / teach them to earn some free bitcoins from faucets. This will automatically develop an interest in them when they see their wallet grows with real money.

I think that all information that has to do with money, with financial decisions or with businesses that they have to learn everything about finances, about many things that have to do with financial analysis is something that we as parents must do, because children are currently being embedded in their tablets, internet, telephones, the information is there, and if there is no good guidance, it would be difficult for us to train good people, and with great awareness about money, that above all, it is always necessary to make our children aware of the money.

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kamilah147
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May 02, 2022, 04:40:01 PM
 #238

People always sing teach your child about bitcoin but they don't know when is the appropriate time for a child to learn bitcoin. Am very sure the teenage age would be the best time for a child to start learning about bitcoin,  at this point the child will be calculative to think and reason well on how to handle money, and the child will get to understand why he or she at that time of life and the future.  When parents decides to teach a child bitcoin at early age the  child may not know or understand the risk involved in bitcoin. It is better for the child to wait for the appropriate time to learn bitcoin.
I would guess that you need to start with money first but you need to be very careful. My father talked about money when I was first 7 years old, and that stuck with me but it turned my idea of money very weirdly. I know the value of money now, and I know that I would never have enough, that should not be something you teach to your kids.

Now I am very careful about money and I save and I am not losing much, never had any debt in my entire life, everything seems like a proper situation for me. But, at the end of the day I am not really hoping to get rich ever, even though I am in crypto, if you teach to soon then your kid could become like me as well.
"Money is not everything, but everything costs money." If we talk about money then we will never have enough, the desire to be rich is everyone's dream, so they will make the best use of money. Everyone avoids making loans, because it will be a financial problem. Especially when we invest in crypto, we must use our savings so that we always have peace of mind when the market experiences a dump. To be able to acquire skills in gaining financial freedom in crypto, it is necessary to study well, especially if it can master trading and then teach our children to trade and accompany them so as not to make mistakes, of course this is a valuable experience for them. In the future they will find it easier to earn money.

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Rufsilf
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May 02, 2022, 06:03:07 PM
 #239

There is a specific time to teach them about bitcoin and its existence but for now, I will let them enjoy the things that they can grasp while they are still young because sooner or later time will eventually catch up on them whether they like it or not. Also, teaching them about these things won't be that huge challenge or struggle as children these days are more knowledgeable in the internet so it is kind of unlikely that they won't get to know about bitcoin even before we teach them what is bitcoin or what can it do. Actually my youngest brother has already know few things about bitcon while he is still in middle school.
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May 02, 2022, 06:22:33 PM
 #240

Very much aware , It will be absolute insanity for me If I did not let them know about a technology that changed my life entirely.
I'm even teaching my first son how to analyze Chart so he can trade in the coming future when he's fully grown.
I have also showed him several YouTube channels where he subscribed to get more information aside the information I'm giving to him.
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