Teaching my nephew about Bitcoin

[carlfebz2]

Too much information will lead to confusion, at the end if you push too much knowledge in one go, your nephew will remember nothing.  You should have told it slowly and if possible in a fun way.  I agree with the earlier reply that you should have let your nephew play games with his friends and retackle the learning when he is old enough to have a grasp of the economics and technicalities of Bitcoin. 

I agree, what if OP start to teach financial literacy instead of that? teach him little by little. Teach him the main purposes of money, how does it works and how money keep people away to each other. By this thing we can say, he can start to save, use money wisely and then try to introduce bitcoin and other altcoin, step by step process not teach him whole thing already.

Yeah, I think it is much simpler if OP said, "save Bitcoin it will make you millionaire one day".  That is way simpler than telling him the technicalities of Bitcoin.  Some practical lectures of setting up wallet and how transfer is made will be easily understood by 11 years old kid.  I honestly don't think that there is a need to elaborate Bitcoin to the kid  too much. After all, I believe the main purpose of the lecture is to tell the kid that Bitcoin can make him millionaire one day.

Everything that had been taught is never been that considered better.Every informations been shared is really that just right, neither you would be focusing on that investment probabilities or chances or talking

solely or focusing into its utility but making those lines or beliefs on which you do emphasis on making you a millionaire which isnt really that something right on some sense, we know that there's no guarantee when

we do speak about future events which it would really be that it is important that you do give him no assurance and explain about the risk so that everyone whom you do taught will
not really be that too optimistic or would really be ending up on being desperate.

[serjent05]

I don't like the learning method like the OP did for his nephew, looks ancient for something as digitalization related as bitcoin. But there's nothing wrong if it's actually an initial introduction to bitcoin, but it would be better if they learned it directly online with a method that is easier to understand. Also I don't think everyone will be interested in the technicalities of bitcoin so teaching anything broader than the basics would be very difficult and tedious.

Well, you cannot do anything if the only available resources are a whiteboard and a marker pen.  At least there is a visual presentation of the lecture rather than just talking it out without any means to read it.  Though I believe he can use mobile phone to make the kid watch youtube videos that simply explain Bitcoin.

I've never done what the OP did to anyone, this is not a practical way to teach someone about bitcoin. I tend to ask someone who wants to learn about bitcoin to read, and they're allowed to get an explanation of what's stumping them. The initial stages are nothing more than basic, but if they are interested in the technicalities then they can enter at next stages.

I think it is alright as a starter.  A student needs to see a tabulated explanation of Bitcoin and how it works.  Actually, in a formal lecture, it is very effective to inculcate in the mind of a listener the terminologies and definitions of Bitcoin.  Of course, it will be extremely highlighted if after the lecture comes the video presentation.

[lalabotax]

...He was given piles of books to read and feed his curiosity about science and some mechanical activities taking place around his environment. 

He spends his free time reading and watching lots of science videos on YouTube. ...

So, he is 11YO. Wow, reading how they give the kid activity, I don't know, but isn't it too hard? But, well come back there again that your nephew has been analyzed as that, and probably his hobby is like that. But, did you ask him about what he wants instead of giving him activities referring to the results of the program? I mean, sometimes, kids still want to play more instead of learning, however, giving him piles of books and learning about those hard materials is. Wow, this doesn't force him to work harder?

I know that learning from earlier may be important, and introducing him to BItcoin and crypto technology from earlier may be not wrong. This can be a way to teach him about it. But please, you need to give him a more interesting strategy to make him not really pressure or to be more excited for learning and plaing ta once. But, I really appreciate this effort to intrude about BItcoin ealeir.

[jossiel]

Guys, I hope I was not wrong to think this knowledge was good for his age. I hope to hear your opinions. 

You're not and you're doing it good and right. Little knowledge is dangerous and that's why you have to teach almost everything you know to your nephew.

At a young age, he'll be more open to the ideas about the real world and that's why it'll inspire him at least if there will be an impact of this effort you've done to him.

If there's not, that's okay because soon he will still remember the day you've taught him about it.

Anything that shows dedication on sharing up valuable information or things specially into his/her relatives is something that commendable on every way.
Its true that everything should be taught although its on exemption when it comes to technical aspect since it would really be a mind blowing thing or something
these young minds couldnt be able to comprehend.This is why it would really be that mindful whether you would be teaching the most simplest
way on understanding basing or according to his capability on learning up new things.

I've experienced before that it's not really a good thing to share things with your relatives because you don't know if they've got pure intentions. And also, they might think the same as you if you've got pure intentions of what you do.

That's why I try to avoid something like this based from what I have experienced before. But still salute to those folks that are not selfish and still gives to the people that they want to share their knowledge about bitcoin.

I'm not selfish but this time, I've not just randomly talk just as before even if I'm talking to my neighbors or relatives.

[minime0105]

Everyone have it's method of teaching people of cryptocurrency, because i believe that cryptocurrency education is something that take place step by step, op the length you have gone from the starting of teaching your nephew of cryptocurrency technology is really okay, but for it to understand what you are able to impact on them or him as the picture indicating male gender, you are suppose not compile many of the knowledge of cryptocurrency for easy understanding of cryptocurrency.

[Rigon]

I first thank you for your work. You have taken a very nice step and decided to build a man. You will explain him very well and perfect his future. If she is unemployed then it is your duty to make her life jobless because she is your niece. However, we should all be educated on Bitcoin education like you. If we can teach any people like this then surely we can make our country jobless. So we all should take such steps like you.

[landheer]

actually teaching children about bitcoin, of course, in my opinion, there will be two differences of opinion, namely.

1: it is very good to teach children about bitcoin at an early age so that when they grow up they really understand about bitcoin. and of course good opportunities for its economy in the future.

2: not can at teaching kids about bitcoin. because it's not the time for children to know about the economy and bitcoin because childhood should be filled with activities such as playing.

but in my opinion teaching your nephew about bitcoin is of course very good as long as there is no element of coercion.

[Frankolala]

OP you did well in teaching your nephew about bitcoin it is a good thing but next time when teaching these level of children try not to be too serious, your nephew might see you as someone trying to force him on learning. Children of his age sees learning to be fun in other to catch their interest because he still has a light brain
.
Use a computer that we teach will with animated videos and it will make it easy for him to understand though we are all not good teachers but doing our best to teach better. You have done something great for the Bitcoin future users,no knowledge is lost try and teach him in this suggested ways by members of this forum next time.

[Z-tight]

You are all corporately dressed up and with a whiteboard to teach your nephew about BTC at home , i do not support teaching children about BTC, but if you must teach them i will propose for it to happen in a less serious way than this, using your laptop or casual talks over the dinner table about BTC is okay, just that you may not be able to take photos that way . Many member's have been making posts of them teaching BTC to their students, friends, nephew, etc, good luck to the lot of you, but maybe posting it is now unnecessary.

[qwertyup23]

Kudos to you OP for teaching and starting them young! Though one recommendation is that you should explain BTC like you are explaining it to a five-year old. Instead of stating complex and technical concepts, simplify it to the best of your ability so that they would easily digest and understand it.

I also tried explaining BTC to my peers but they seem to quickly dismiss the idea, saying that such was too complicated for them to understand. I guess another recommendation OP is to show actual pictures and associate it with more-common things for easier understanding.

Nonetheless, I applaud your patience and commitment to your project! Good luck, OP!

[GeorgeJohn]

actually teaching children about bitcoin, of course, in my opinion, there will be two differences of opinion, namely.

1: it is very good to teach children about bitcoin at an early age so that when they grow up they really understand about bitcoin. and of course good opportunities for its economy in the future.

2: not can at teaching kids about bitcoin. because it's not the time for children to know about the economy and bitcoin because childhood should be filled with activities such as playing.

but in my opinion teaching your nephew about bitcoin is of course very good as long as there is no element of coercion.

Let make say that people have different mindset of expanding the knowledge of cryptocurrency to others, in this particular aspect you are emphasising on. It's perfectly good to start teaching or educating kids the technological impact of Bitcoin, but not really the methods of investment via generating of funds, because in this process, i believe that Bitcoin investment at early stage of children will make them to be money conscious. So from my perspective, children supposed to have a specific or pronounce age before any father or parents will educate it's kids on the way forward of making money through Bitcoin.

[dezoel]

You can watch movies, play games, go out and so on, only to make your day off more fun but you didn't do that. You just sacrifice your own happiness for the sake of other people. This is what I like about you. I see that you also wore a proper attire and use a whiteboard like you are some kind of a teacher and you are teaching inside a classroom. This is amazing but I think you do this on purpose and that is for your nephew to take things seriously.

I don't see anything wrong with the subject that you use. They are perfect for beginners but you can also add more after it. Your nephew is 11 years old but it's better to teach them early about it because it can help them change their life for the better.

[xSkylarx]

This is cool; you really dressed up. I would suggest that you invite your other nephews or her friends and teach them, as the child can learn more if there are other children around. Thought is a great job. Just continue it and try to show them how to transact in real time, or you can also gift them a small amount of bitcoin for their graduation (if you plan to teach them full lessons). You can also try to educate your cousins or other family members who are interested in bitcoin so that you and your family are aware of it.

[justdimin]

You are all corporately dressed up and with a whiteboard to teach your nephew about BTC at home , i do not support teaching children about BTC, but if you must teach them i will propose for it to happen in a less serious way than this, using your laptop or casual talks over the dinner table about BTC is okay, just that you may not be able to take photos that way . Many member's have been making posts of them teaching BTC to their students, friends, nephew, etc, good luck to the lot of you, but maybe posting it is now unnecessary.

If you do not teach children about finances early on, then they are going to grow up learning about it too late. When I was just 7 years old my father started to talk about finances, and I learned everything I learn from him, and saving a bit aside whenever you get your salary and consider that never existed was the biggest lesson, if I bought bitcoin with it for the past 7-8 years, today I would be a wealthy man, with tens of millions of dollars easily.

However, I wasn't sure so I didn't do it, and that’s why it’s not that easy, it’s going to be a bit of a hard time before I could end up with that much bitcoin but at least I keep doing it, no matter how much, even if it’s just 20 bucks I will buy bitcoins with it when I find some money.

[Minor Miner]

You are all corporately dressed up and with a whiteboard to teach your nephew about BTC at home , i do not support teaching children about BTC, but if you must teach them i will propose for it to happen in a less serious way than this, using your laptop or casual talks over the dinner table about BTC is okay, just that you may not be able to take photos that way . Many member's have been making posts of them teaching BTC to their students, friends, nephew, etc, good luck to the lot of you, but maybe posting it is now unnecessary.

If you do not teach children about finances early on, then they are going to grow up learning about it too late. When I was just 7 years old my father started to talk about finances, and I learned everything I learn from him, and saving a bit aside whenever you get your salary and consider that never existed was the biggest lesson, if I bought bitcoin with it for the past 7-8 years, today I would be a wealthy man, with tens of millions of dollars easily.

However, I wasn't sure so I didn't do it, and that’s why it’s not that easy, it’s going to be a bit of a hard time before I could end up with that much bitcoin but at least I keep doing it, no matter how much, even if it’s just 20 bucks I will buy bitcoins with it when I find some money.

Financial economics is a subject that is included in schools, so it is a good thing for children to be exposed at an early age because it will train them to be thrifty from an early age, just like any parent who teaches their children to be frugal from food to everything. But with bitcoin, it's just a risky investment, it's not the kind of economic knowledge everyone needs. Today to learn about bitcoin and how to invest, you can learn anywhere and it only takes a few months for you to master the knowledge.

Even adults like us when we first see the volatility of bitcoin panic and if you let that happen to a child it will be a shock to him. Bitcoin is a risky investment and if you don't keep a close eye on when he gets into bitcoin, he is more likely to fall into a gambling trap than save with bitcoins.

[rby]

You are all corporately dressed up and with a whiteboard to teach your nephew about BTC at home , i do not support teaching children about BTC, but if you must teach them i will propose for it to happen in a less serious way than this, using your laptop or casual talks over the dinner table about BTC is okay, just that you may not be able to take photos that way . Many member's have been making posts of them teaching BTC to their students, friends, nephew, etc, good luck to the lot of you, but maybe posting it is now unnecessary.

Many of these people posting pictures of them teaching people about bitcoin maybe thinking that they are doing the forum some kind of favour by teaching people about bitcoin or teaching people to join their community.
I don't see any big deal in telling someone about bitcoin this is pretty what everybody can do by themselves even by mere  passing information to someone they will know about Bitcoin.
If I check myself and see what the volatility has done to me in life I will not think of teaching anyone about bitcoin unless they get to the age where they make money by themselves

[Hypnosis00]

It wasn't a debate OP if it is right or wrong to teach a kid like 11 years old because as long as he is able to understand it and has an interest in learning this, that is really a good chance. In fact, it is all about learning the basic things about Bitcoin, it is all about spreading the right information so he can make use of it to correct someone who does and spread wrong information. Might we be doubtful about the result because of his young age but I see this is even better to start from an empty mind than those who have already negativity inside as they will able to learn fast and absorb the information.

[Bazzu]

teaching your nephew about bitcoin I think it's good especially when your nephew is young, of course it's very good. moreover, usually young people have good minds. and usually when teaching young people it is very easy because young people usually easily understand any lesson that is told by their teacher or other people. so what you are doing is good

[Ever-young]

It is really good you are giving the child a knowledge about crypto, but going into bitcoin is particular is going to confuse that boy, this is jus like teaching a child about casino which all they will think of and grab is the advantage that comes afterward and not the disadvantage therein, I could advice you teach the child the basis knowledge base on his field and what he is interested on, if he like computer and good with maths, you should channel him and educate him towards programming. No knowledge is lost, but this child is really not ready for this now.

[Sayakaaja]

young people being educated about bitcoin is something very good. young people can know broadly what bitcoin is and can be understood fluently by them. especially at a young age, is an age where there is always an extraordinary curiosity about something that makes them curious.