I Have Donated My Campaign BTC to buy Laptop for Practical Classes

[Sunrise360]

Finally I have used part of my campaign money to buy Laptop for the Village High School for Bitcoin Practical classes. The practical Class was so much fun. Even teachers came and participated and learn new things.  The followings were taught and learned in the first practical class.
1.   Bitcoin Core
2.   Wallets
3.   Basic Trading/Investment

1. Bitcoin Core. It is an open source of software which is used to connect bitcoin users  as node. Bitcoin Core was created by Satoshi Nakamoto and developed by Wladimir van der Laan. https://bitcoincore.org/en/about/ ,
2. Wallets. As the name implies, it is an object or application (app/sofware) which is used to keep, stored valuable things in one’s life. Such  valuable things like, passport, ID card, coin, paper money, ring, documents etc. but in this context we discussed crypto wallets  (bitcoin wallet)
i. Crypto-Currency Wallets: as the name implies, it is a wallet meant to store or keep only for crypto currencies online. E.g. Trezor, Electrum, and Mycelium, etc.  Crypto –Currency wallets are subdivided into two.  

Two types of wallets:
1. Online/hot wallet
2. Offline cold wallet

Online wallets are of three types:
1. Web wallet: as the name implies, it is a wallet that uses online
2. Mobile wallet: as the name implies, it is a wallet uses mobile phones. Eg. Android wallet, Apple/Iphone (IOS) Wallet
3. Desktopwallet: as the implies, it is a wallet uses computer either desktop or laptop.

Cold wallet are:
1. Paper wallet, if properly generated on air gapped device
2. Reputed hardware wallet
3. Wallet generated on air gapped device such Electrum cold storage






In conclussion
Please permit me to appreciate these users that helped me to successfully did the transaction to buy the laptop and internet modem for the school to do bitcoin practical. Such users  are: RickDeckard , Charles-Tim , nc50lc , NeuroticFish , DireWolfM14 , The Pharmacist , Pmalek , Cricktor, smartvirus on the thread https://bitcointalk.org/index.php?topic=5405437.new#new Really at a time I was confused what to do so I asked the question here and they helped me out. I really appreciate and grateful to them.

My first theoretical  class https://bitcointalk.org/index.php?topic=5403925.0

You're such nice fellow. It's a good thing you decided to share you earnings and idea with the society. This will actually go a long way to making the people know about the world of CRYPTOCURRENCY and its potentials.

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[darkv0rt3x]

I like the initiative of this guy.

I would focus more on teaching the properties of sound money applied to Bitcoin instead of teaching the scoundrels of trading.

However, i seconded this too. Although a basic trading is not that bad, i guess teaching them the idea of financially literacy will cause more good than bad when these kids tried on trading.

The goal of spending time (not wasting) with financial literacy is to build up the most difficult concept to accept which is Time Preference. Time Preference is a key component for understanding why trading is not even close to the best options of subjects to teach. I can argue/explain why, in the most humble way. No troll, no irony or sarcasm here.

A sound money such as Bitcoin, will make way more sense once we understand the concept of Time Preference because this concept is what makes people to think more about the future than about the present. And as we are yet at the beginning of Bitcoin, we need to focus our efforts in teaching and rooting this concept into our future generations, as soon as possible. It's known that we tend to be lazy whenever we can. It's known that human kind is easily driven by greed, corruptible by greed, etc. We need to change this mindset the sooner the better.

Time Preference can counter this mindset in the mid/long term. And if you teach it to youngsters, I'm sure in 10 or 15 years, we may have a way better generation than ours, which is filled with corruption, greedy bastards, state control, a complete assault to our privacy, etc.

To end my small (good) rant, Time Preference is a concept that measures how much we discount on the future in detriment of the present, meaning that a Higher Time preference will make us to discount way more our future in detriment of the present. Maskes us to want to get a smaller satisfaction now, than to wait some time to get twice (or more) satisfation in the future. A Short Time Preference means we discount little in the importance we give to the future, allowing us to build a stronger mindset that enables us to hold ourselves tight and wait some time so that we can get the extra satisfaction later!

Does this makes sense? I hope so.
A very clarifying example was a study made by someone (a documentary I watched sometime ago) where the authors of the study invited a few kids of several societies/cultures and several social statuses and made them all a proposition. They were given candies, 2 to each kid iirc, and they were said that if they didn't touch the candies for somthing like 20 or 25 minutes, they would have twice the candies after that time. But they were also said they could eat the candies whenever they wanted, if they wanted. Guess what? Only 2 or 3 out of like 15 kids were mind strong enough to hold their horses and wait for the extra candies. All other kids couldn't hol themselves and end up eating the candies before the dealine.

So it's said that the kids that couldn't hold themselves and ate the candies have Higher Time Preference becaause they discounted way more on the future than the kids that held themselves and waited long enough. The latter are said to have Lower Time Preference because they discounted little (on the importance) of the future, which meant to have extra candies!
And another important fact, it's also said that Lower Time Preference is corelated with higer inteligence, but this claim, I can't backup becaus eI don't remember where I read that. Maybe it was in Bitcoin Standard book or in Fiat Standard book. Can't remember!

[NotATether]

Good job. I always appreciate people taking their time and effort to advancing Bitcoin adoption, especially if they spend money for it in the process. Here is your well deserved 50 merit.

[Agbe]

Good job. I always appreciate people taking their time and effort to advancing Bitcoin adoption, especially if they spend money for it in the process. Here is your well deserved 50 merit.

NotATether. I am very much grateful for your encouragement and support. When I saw the merits. I was speechless. God bless you for the support you have render to motivate my spirit. And also those who have merited me should be blessed.

[xSkylarx]

I've been following your previous threads and all I can say is continue to be a great advocate for bitcoin and blockchain technology. It's very rare for someone to use his own money to educate those young children, wishing you more strength so you can teach more students in coming school years. Let's hope that someone there will follow your footstep and continue what you did for the future generations.

[KennyR]

Everyone won't be having the mind to spend money to educate others. What OP have done is really a good thing and a must needed one for the growth of bitcoin. When it is being taught to the school kids automatically the growth of bitcoin will begin from the base which is a much required one for a healthy growth. Looking at this my mind thinks of doing some good deeds with the campaign payments than losing it gambling on the same day.

[Wakate]

This is an interesting effort op had made and it is very interesting to know. It is not that easy for op to use his campaign money to get a laptop to teach his pupils so they can learn how the Bitcoin works and those things that is necessary to know about the Bitcoin network. This is a bold step by op to pass the knowledge he once got from the Bitcoin community then passing it to his students is a great move that deserves an accolade.

[poldanmig]

This is an interesting effort op had made and it is very interesting to know. It is not that easy for op to use his campaign money to get a laptop to teach his pupils so they can learn how the Bitcoin works and those things that is necessary to know about the Bitcoin network. This is a bold step by op to pass the knowledge he once got from the Bitcoin community then passing it to his students is a great move that deserves an accolade.

I applaud the OP magnanimity who really wants to spend his money to buy a laptop for other people educational needs, so far we, especially myself, may also prioritize personal needs over other people's interests, especially regarding matters related to money, but what has been done by the OP is really great and he is willing to spend his money and time teaching poor kids which I think is free education.

[BIT-BENDER]

A very big thumbs up OP, and I must thank you for the passion you are putting in seeing those kids learn more about Bitcoin, as an individual who is also enthusiastic about Crypto-currency I think you have pushed me towards doing more, I have already started to speak more openly about crypto-currency now even if i am not from a crypto-currency friendly country I believe if we can each try to reach out to as many people as we can we can change a lot.

[CryptocurencyKing]

You've been great at your job so far, bringing a new initiative into the educational curriculum of your local school. Although, one of is of major concern to me as I see it in the sample photo on OP and that is, it clafly looks like those participating in the lectures are minors. There might be adults and young teenagers but, am not sure minors are ready for this.

Most of all, I like the passion you've taken towards ensuring that these grassroot generations of your locality grasp what is of importance for there future development and the fact that you've taken steps to ensure they get it freely and have some first hand experience with the way it works is what have even drawn the elderly to participate in your class.
Keep up the good work mate and be sure the result of your efforts today would be recognised by your people in years to come.

[The Cryptovator]

I am speechless. Don't know how I should appreciate your adaption. Very rarely do people adapt Bitcoin from their own pocket. Although earning from signature it's hard work money. You spent it to adapt Bitcoin, it's a great job man. The more important thing is your students learn perfect things related to Bitcoin from the beginning. So they will be blockchain experts soon if they have good intentions to learn. Keep it up bro and best of luck.

[Pokapoka124]

OP you took great steps in your mission to educate your students about bitcoin. The extra effort of spending your own money to make this lecture possible is admirable. We are from the same country so I understand the value of the bitcoins you spent, there are so many things you could have done with that money but you made a sacrifice for education. The school and the community will not forget your contribution to make your students prepared for the future of money and tech.

[CryptSafe]

Finally I have used part of my campaign money to buy Laptop for the Village High School for Bitcoin Practical classes. The practical Class was so much fun. Even teachers came and participated and learn new things.  The followings were taught and learned in the first practical class.
1.   Bitcoin Core
2.   Wallets
3.   Basic Trading/Investment

1. Bitcoin Core. It is an open source of software which is used to connect bitcoin users  as node. Bitcoin Core was created by Satoshi Nakamoto and developed by Wladimir van der Laan. https://bitcoincore.org/en/about/ ,
2. Wallets. As the name implies, it is an object or application (app/sofware) which is used to keep, stored valuable things in one’s life. Such  valuable things like, passport, ID card, coin, paper money, ring, documents etc. but in this context we discussed crypto wallets  (bitcoin wallet)
i. Crypto-Currency Wallets: as the name implies, it is a wallet meant to store or keep only for crypto currencies online. E.g. Trezor, Electrum, and Mycelium, etc.  Crypto –Currency wallets are subdivided into two.  

Two types of wallets:
1. Online/hot wallet
2. Offline cold wallet

Online wallets are of three types:
1. Web wallet: as the name implies, it is a wallet that uses online
2. Mobile wallet: as the name implies, it is a wallet uses mobile phones. Eg. Android wallet, Apple/Iphone (IOS) Wallet
3. Desktopwallet: as the implies, it is a wallet uses computer either desktop or laptop.

Cold wallet are:
1. Paper wallet, if properly generated on air gapped device
2. Reputed hardware wallet
3. Wallet generated on air gapped device such Electrum cold storage






In conclussion
Please permit me to appreciate these users that helped me to successfully did the transaction to buy the laptop and internet modem for the school to do bitcoin practical. Such users  are: RickDeckard , Charles-Tim , nc50lc , NeuroticFish , DireWolfM14 , The Pharmacist , Pmalek , Cricktor, smartvirus on the thread https://bitcointalk.org/index.php?topic=5405437.new#new Really at a time I was confused what to do so I asked the question here and they helped me out. I really appreciate and grateful to them.

My first theoretical  class https://bitcointalk.org/index.php?topic=5403925.0

This is great. Absolutely wonderful. You did a great job OP. You have really created an impart in them. I strongly believe they would never forget the experience so sudden as they grow. It is something that is part of them now which they would grow up with and live to tell the story which you would forever remain in their hearts.
Now if I may ask OP how do you get them engaged so they don't forget most of what you thought. As you can see, they are little children that would mostly need to keep practicing what you taught them so they can be perfect band fluent in it. Come to talk of it most of them as I see can't afford a mobile or Android device.  I think you should have a thought of it.

[Lida93]

Great job!

This is what the community/society  need out there, catching them young on the knowledge about cryptocurrency and the way forward about the phase our world is gradually metamorphosing to.

Am sure this is part of the objective of the founding fathers of this forum, and as such it's a great feeling seeing people like you using the privilege gained here and giving it back to society.

[OcTradism]

I don't know what is your original content but in a first page of this topic, I see Charles-Tim post and I think you copied and pasted his post to your content.

It is not wrong to do if Charles-Tim post is good and helpful for your content. But you must include link to his post in your content. It is a proof of intellectual ownership for Charles-Tim and it helps you to not get a ban by plagiarsim.

Tim's post: https://bitcointalk.org/index.php?topic=5405990.msg60555213#msg60555213

Rule

33. Posting plagiarized content is not allowed.[e]

[Charles-Tim]

I don't know what is your original content but in a first page of this topic, I see Charles-Tim post and I think you copied and pasted his post to your content.

He did not copy any of my post, I just corrected him for him to be able to give the students more accurate information about bitcoin.

[Afterclap]

This is just incredible! You have done something fabulous in the world of crypto. You, as a teacher, are doing a wonderful job of teaching your students and your fellow teachers in school about crypto. The future is becoming ready for crypto, and we have to prepare in advance. You are preparing the young kids in advance.

[AicecreaME]

Great job!

This is what the community/society  need out there, catching them young on the knowledge about cryptocurrency and the way forward about the phase our world is gradually metamorphosing to.

Am sure this is part of the objective of the founding fathers of this forum, and as such it's a great feeling seeing people like you using the privilege gained here and giving it back to society.

Indeed. It's really good to see post like this because it makes me believe that there are still many kind-hearted person out there, willing to help without expecting anything in return. With this movement, you can accomplish win-win scenarios wherein you get to spread awareness and knowledge about bitcoin that is beneficial for our community and at the same time, you are able to help those in need.

Your initiative might be an instrument for those people you have helped to discover and explore bitcoin too. And who know they might be successful in this field as well in the future. It's heartwarming that despite the hardships we face nowadays, people still do good deeds. Hopefully, you'll be able to continue what you're doing and help more people in the future. The campaigns are indeed helpful as extra source of income and could be allocated for a deeper purpose like this one.

[Haunebu]

Awesome initiative op. This is way better than sending money to random groups since some of them are scammers in disguise pretending to help. Smart decision overall.

However, I don't really think this would attract the young generation since it's a difficult learning curve even for adults which is why a simplified easy to understand solution needs to be developed to solve this problem.

Another thing that could scare them off are government restrictions(If any) and there is no solution to this problem.

[Nicholas Schaefer]

This is really a good effort made by the op. Not everyone has the mindset of sharing valuable knowledge. Proud of you! Keep Going!