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Author Topic: Are Your Kids Aware Of Bitcoin? Teach Them.  (Read 5550 times)
borovichok
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November 15, 2022, 01:27:16 AM
Last edit: November 17, 2022, 11:19:52 AM by borovichok
 #321

I am a mother may be different from you a little Introducing bitcoin from an early age I think is too much, but if they already understand what money is and how to get it then we can teach them and tell them what bitcoin is, about you saying complete financial freedom if you have bitcoin I think that's too much, it's good for us to explain the risks that will be faced if investing in bitcoin firsbecause basically the interests and talents of each child/person are different, we cannot force everything on the people closest to us
It's our responsibility as parents to guard our children on the right path, rather than misleading them all in the name of been over protective of them and hiding some vital information about the real world. It's either we are dormant on letting our kids know about the crypto space or watch them grow into adults and discover it their selves which will be very wrong, because they won't exercise patience when studying about it. Children getting full knowledge about Bitcoin without the necessary risk management concerning it is highly tag risky and not suitable yet for kids. Although the world changing and one needs to adapt to some essential changes put into practice. Our method of savings and transferring money have completely changed and developed, big companies and people saved most of their assets in Crypto, highlighten our children, I consider it important and should also be our top priority to see our children gets familiar with Bitcoin and how the foreign market operates. The earlier they get into the space, the better, because they come to realize and know more interesting stuffs about Bitcoin, the pumping and dumping of it.

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November 15, 2022, 02:52:12 AM
 #322

I will let children know the principles and uses of cryptocurrency. They can't make the right choice in cryptocurrency now, and many adults have been deceived because of cryptocurrency, let alone children.
If they are not interested, you have to forcefully teach him about cryptocurrency, and they will be disgusted, so let them actively choose to learn the investment knowledge they want to learn.
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November 15, 2022, 01:55:43 PM
 #323

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 in their time.
Giving your kids your private keys just all in the sake of uncertainty like death without first giving them the knowledge and idea of what such keys posseses is like giving a treasuring bag full of gold to someone that has no knowledge of the value of gold.
Just like the saying goes, "when the value of a thing is unknown  abuse is inevitable".

Your kids might come to the knowledge of the value of what the private keys posseses probably when they might have abandoned or loss it due to the clueless idea of what it was and by then they must have been left behind by other kids who had the knowledge of Bitcoin ahead of them.
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November 15, 2022, 02:12:53 PM
 #324

I am a mother may be different from you a little .
Introducing bitcoin from an early age I think is too much, but if they already understand what money is and how to get it then we can teach them and tell them what bitcoin is,
about you saying complete financial freedom if you have bitcoin I think that's too much, it's good for us to explain the risks that will be faced if investing in bitcoin first
because basically the interests and talents of each child/person are different, we cannot force everything on the people closest to us

This depends on the age of the child. They still need to play and explore the world if they are too young. When they are in school and on their own, we should introduce them and become financially aware. You have also made the point that not all of the children are the same, so I am sure one of them is not interested in it. We usually don't force our children when it comes to that. Since bitcoin is already famous, I am sure they will know about it later on.
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November 16, 2022, 02:23:52 PM
 #325

No. I won't teach my kids about what bitcoin/cryptocurrency is and how to use it. Especially since my children are 5 and 8 years old. I prefer to let them play with their own world, build creativity, and get to know the real world. It will help them in the future in many ways.
It's possible that I will begin introducing cryptocurrency to them when they are 15, or maybe not, unless they find out for themselves.

~ we should not interfere with the lives of our children because in my opinion also children must remain in the world of children, ~
Do you already have children? If you have, I'm sure you won't say that. Lemme tell you, you must interfere in their lives and control how they grow up. If you decide not to teach them about cryptocurrencies, that is part of the interfering. That's what I mean.
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November 16, 2022, 02:34:52 PM
 #326

maybe one day i will do that i.e. teach my kids about cryptocurrencies. But for now I myself am still layman. and still need a lot to learn about it. and if someday the time comes. when I am already proficient or have sufficient knowledge. then maybe I will offer a little to my child about this knowledge. but I won't force it. I will only teach my child if it turns out he is interested. and if he's not interested then I guess I shouldn't force him. but I'm pretty sure. even though we as parents do not teach them. but by looking at the current developments and progress, our children will know for themselves. and maybe one day they will come to us and ask us by themselves.
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November 16, 2022, 06:04:19 PM
 #327

My child is still in my belly, and will come to this world in 2023. I am learning prenatal education and first learn the basics of Bitcoin. For children, I think this is the best time.
Congrats in advance for that and yes you need to learn the basics first is you are new in here. We can't just teach btc to our kids if we are not familiar with it because we can only give them wrong information. You can say that is the best time to teach them because you can also buy btc at cheap but for me, anytime is the best time or the earlier the better.

Our aim is to invest for long term to possibly gave them a better future so it won't hurt even if you buy btc at a little expensive price because you still won't be selling it later on. Sadly I don't have a kid yet. I think im not ready to have a family but I can still save up on my own and some of this will be for my future family.

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November 27, 2022, 07:05:06 PM
 #328

Well It is better for children to learn about the world around them, including how cryptocurrency functions. No matter the situation, as part of good parenting, it is my job to help my children understand the complexities of the financial world. In our digital age, that means helping them not only navigate the traditional financial world but also understand how cryptocurrency an emerging form of payment works. “I will teach my children about crypto currency because it is an emerging technology”. There are many ways to teach them with analogies or by letting them experience it first hand. If they're old enough to play video games, they're old enough to start learning about Bitcoin and other cryptocurrencies..
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November 27, 2022, 07:15:17 PM
 #329

I am a mother may be different from you a little .
Introducing bitcoin from an early age I think is too much, but if they already understand what money is and how to get it then we can teach them and tell them what bitcoin is,
about you saying complete financial freedom if you have bitcoin I think that's too much, it's good for us to explain the risks that will be faced if investing in bitcoin first
because basically the interests and talents of each child/person are different, we cannot force everything on the people closest to us
yes you are right. we as parents should be wiser in this regard. Waiting for our children to become more mature and understand financial or economics first is a wise move. and we can only introduce and not impose. because in the end we have to let them choose whether they are interested or not at all. because as you said that everyone's interests are different. But still introducing is needed as insight. because in the future knowledge like this will be needed.
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November 27, 2022, 09:46:42 PM
Merited by JayJuanGee (1)
 #330

I am a mother may be different from you a little .
Introducing bitcoin from an early age I think is too much, but if they already understand what money is and how to get it then we can teach them and tell them what bitcoin is,
about you saying complete financial freedom if you have bitcoin I think that's too much, it's good for us to explain the risks that will be faced if investing in bitcoin first
because basically the interests and talents of each child/person are different, we cannot force everything on the people closest to us
yes you are right. we as parents should be wiser in this regard. Waiting for our children to become more mature and understand financial or economics first is a wise move. and we can only introduce and not impose. because in the end we have to let them choose whether they are interested or not at all. because as you said that everyone's interests are different. But still introducing is needed as insight. because in the future knowledge like this will be needed.
Agreed, everything need to be done at the right time. This could help them understand better about it. Understanding finance and economics isn't an easy thing as understanding a game. Introducing the kids about cryptocurrencies should take place in a way same as how the kids understands the smartphone wallets.

Nowadays for payments people use Mobile wallets much than the banking applications. Same as that slowly using cryptocurrency wallets will let them understand better about it.

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November 28, 2022, 08:50:07 AM
 #331

I am a mother may be different from you a little .
Introducing bitcoin from an early age I think is too much, but if they already understand what money is and how to get it then we can teach them and tell them what bitcoin is,
about you saying complete financial freedom if you have bitcoin I think that's too much, it's good for us to explain the risks that will be faced if investing in bitcoin first
because basically the interests and talents of each child/person are different, we cannot force everything on the people closest to us
yes you are right. we as parents should be wiser in this regard. Waiting for our children to become more mature and understand financial or economics first is a wise move. and we can only introduce and not impose. because in the end we have to let them choose whether they are interested or not at all. because as you said that everyone's interests are different. But still introducing is needed as insight. because in the future knowledge like this will be needed.
Introducing this technology and field of investment takes time especially for young individuals. A parent may use a more practical scenarios which won't ruin their childhood such as allowing them to sell candies to their friends or at school if they would want to. This may infuse to their thought an idea of capitalism and investment which won't be as harmful as with bigger assets. Just the idea would be enough on their early years. Wait for that idea to manifest afterwards but pushing them to do so may just interrupt their development. Allow things to happrn atleast close to what is 'natural'. Being an adult we should guide the young ones for the betterment without actually destroying happiness; that's important.

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November 28, 2022, 09:28:47 AM
 #332

While I don't have any kids of my own that can learn about Bitcoin, I have a number of extended family members with kids who are learning to rea and spend a good bit of time on YouTube.

Every Christmas or birthday, they always get bitcoin-related content from me but I will admit, there is a shortage of quality bitcoin books for children that are available.

I am looking forward to more bitcoin content being published in the coming years but I have noticed that kids really seem to like the little bitcoin holder comics. I think that could be the winning model moving forward to get kids interested and aware of bitcoin at such a young age.

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November 28, 2022, 10:17:20 AM
 #333

I am a mother may be different from you a little .
Introducing bitcoin from an early age I think is too much, but if they already understand what money is and how to get it then we can teach them and tell them what bitcoin is,
about you saying complete financial freedom if you have bitcoin I think that's too much, it's good for us to explain the risks that will be faced if investing in bitcoin first
because basically the interests and talents of each child/person are different, we cannot force everything on the people closest to us
yes you are right. we as parents should be wiser in this regard. Waiting for our children to become more mature and understand financial or economics first is a wise move. and we can only introduce and not impose. because in the end we have to let them choose whether they are interested or not at all. because as you said that everyone's interests are different. But still introducing is needed as insight. because in the future knowledge like this will be needed.

It couldn't be more true, I don't think educating a child about bitcoin or finance early on will guarantee that they will become a good moneymaker. We need to know their needs and interests as well as their forte, should not impose our thoughts on anyone, especially a child, let them freely choose.

Bitcoin is not the only way to get rich, we should remember today's billionaires a lot of people were rich before they invested in bitcoin. There are many ways to make life good, not just bitcoin. Let them choose for themselves the same way we choose bitcoin, no one forced us

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November 28, 2022, 12:39:14 PM
Merited by JayJuanGee (1)
 #334


It couldn't be more true, I don't think educating a child about bitcoin or finance early on will guarantee that they will become a good moneymaker. We need to know their needs and interests as well as their forte, should not impose our thoughts on anyone, especially a child, let them freely choose.


Why even do we need to tell our kids about bitcoin for them to make money? You tell your kids about dollars and will they start earning dollars and fiat money, NO.

Rather than this, we should focus on teaching our kids the skills which can make them money as they grow up. If they have the skills, they can earn bitcoin or whatever currency. Yes, they (the kids) should know and taught that bitcoin is a digital currency through which you can transfer money from one person to another.

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December 28, 2022, 06:49:40 PM
Merited by JayJuanGee (1)
 #335

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,
Yeh absolutely it's an important knowledge for kids to know because due to inflation the value of fiat currency going down which is woory moment for them who hold fiat for future, because after few year same amount of dollars will not worth like now. So personally I will teach my kid to guide them about the importance of Bitcoin and also will teach them that how Bitcoin will safe your fund from devaluation,
I think not providing knowledge of Bitcoin to your kids from now will be a fool decision for you

.
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December 28, 2022, 08:43:56 PM
 #336

Agreed on the general sentiment of OP: If you have knowledge about Bitcoin, you should try and teach your kids about it. Just make sure it's about the actual technology and implications for society and the monetary world - and not from a speculative standpoint.

My personal take is, if you really understand some of the more important fundaments of the decentralized nature of Bitcoin and all that comes with it, you have the responsibility to share your knowledge.
That does ofc not mean pushing anyone or boring people that don't care with any kind of facts.
Look for those rare individuals instead that are open-minded and knowledge hungry and interested in true innovation and new possibilities. Then just have a nice conversation a la Socrates. Just my 50 sats.

Get educated about Bitcoin. Check out Andreas Antonopoulos on Youtube. An old but gold talk: https://www.youtube.com/watch?v=rc744Z9IjhY

Daniel Schmachtenberger on The Meta-Crisis: https://www.youtube.com/watch?v=4kBoLVvoqVY&t=288s One of the most important talks about the current state of this planet. Go check it out.
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December 28, 2022, 11:45:13 PM
 #337

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,
Yeh absolutely it's an important knowledge for kids to know because due to inflation the value of fiat currency going down which is woory moment for them who hold fiat for future, because after few year same amount of dollars will not worth like now. So personally I will teach my kid to guide them about the importance of Bitcoin and also will teach them that how Bitcoin will safe your fund from devaluation,
I think not providing knowledge of Bitcoin to your kids from now will be a fool decision for you
Explaining them about these economical stuffs and other things like technicality of crypto as a whole then it would really be just right that you should consider out on an age which your children
do able to comprehend on what you are trying to explain up on things because there's a certain age which you cant really be able to make them understand which it would be pointless
if you do really tend to make out some explanation just because they dont still understand on things but its true that the earlier would be better to be
aware of these things.

R


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December 29, 2022, 07:27:56 AM
 #338

I don't force my kids to learn about cryptocurrencies. I will tell them some interesting facts about cryptocurrencies, and if they are interested, I will continue to teach them. But some of the kids around me now know about cryptocurrencies. The same goes for my kids, they also know more or less about cryptocurrency. Because I also have some assets in cryptocurrency, and in the end it is all wealth to be left to the children.
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January 20, 2023, 04:31:21 AM
 #339

I don't force my kids to learn about cryptocurrencies. I will tell them some interesting facts about cryptocurrencies, and if they are interested, I will continue to teach them. But some of the kids around me now know about cryptocurrencies. The same goes for my kids, they also know more or less about cryptocurrency. Because I also have some assets in cryptocurrency, and in the end it is all wealth to be left to the children.
you don't need to force your kids mate but at least do your best to let them learn and understand crypto , this maybe not only for them but also for you to have someone to inherit your funds in safe place when there is something happened in the future , also for their future as we knew Bitcoin is the future currency and everyone must learn and use this may not now but at least for their life.









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January 20, 2023, 05:06:43 AM
 #340

I don't force my kids to learn about cryptocurrencies. I will tell them some interesting facts about cryptocurrencies, and if they are interested, I will continue to teach them. But some of the kids around me now know about cryptocurrencies. The same goes for my kids, they also know more or less about cryptocurrency. Because I also have some assets in cryptocurrency, and in the end it is all wealth to be left to the children.
you don't need to force your kids mate but at least do your best to let them learn and understand crypto , this maybe not only for them but also for you to have someone to inherit your funds in safe place when there is something happened in the future , also for their future as we knew Bitcoin is the future currency and everyone must learn and use this may not now but at least for their life.
I also intend to teach my children about crypto when they are old enough to understand it, but I certainly won't force them to necessarily follow the path I have chosen. Bitcoin is an excellent way to get us to financial freedom, but it is not the only way to achieve financial freedom. We have many other options, and as long as they choose the path that is right for them, that's a success. Our parents don't force us, and we shouldn't force our children either.

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