My son, daughter, nephew wants to know about Bitcoin

[Hyphen(-)]

I want to know a deep thing from you, I live in a joint family with multiple members including my parents, brothers and sisters, sons and daughters, nephews and nieces. Several people in our family work in cryptocurrency. We always work on Bitcoins and cryptocurrencies with computers and mobile phones. This made my family's young children interested in our work and wanting to know about Bitcoin.

But the problem is that my family's younger children all study in primary label. Should we educate young children about Bitcoin or introduce them to Bitcoin?

Moreover, another important thing is that in my country cryptocurrency i.e. Bitcoin is a completely government banned currency. So should we teach our children about the banned currency?

Moreover, as time progresses, the interest of children towards Bitcoin is increasing day by day.  Would it be reasonable to keep young children away from Bitcoin in the context of my country?

No knowledge is wasted, and since you mentioned that your family members are working on Bitcoin and that as a result, the younger ones wanted to learn it as well, it is not a bad idea to teach them. It should begin with the basics because they are still young, even though you did not specify their ages.
However, Bitcoin knowledge should not interfere with their regular school arithmetic, which is why you should take it slowly and teach them bit by bit.

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[nakamura12]

It's not a bad idea to educate them about Bitcoin and you should start right away with teaching them the basics about Bitcoin. After that then you have to teach them what to do and what they shouldn't do. Also tell them that they could be in trouble when they're in the right age when someone finds out that they use Bitcoin as you have said that you could be legal trouble if they found out someone is using Bitcoin which I guess that Bitcoin is banned in your country.

[tvplus006]

...Moreover, as time progresses, the interest of children towards Bitcoin is increasing day by day.  Would it be reasonable to keep young children away from Bitcoin in the context of my country?..

In this case, it is dangerous not only for children, but also for your family members who are directly involved in cryptocurrency. You should be more careful, and the less your children know about cryptocurrency at the moment, the less likely they are to unknowingly be able to reveal your secret.

[lionheart78]

I want to know a deep thing from you, I live in a joint family with multiple members including my parents, brothers and sisters, sons and daughters, nephews and nieces. Several people in our family work in cryptocurrency. We always work on Bitcoins and cryptocurrencies with computers and mobile phones. This made my family's young children interested in our work and wanting to know about Bitcoin.

But the problem is that my family's younger children all study in primary label. Should we educate young children about Bitcoin or introduce them to Bitcoin?

Moreover, another important thing is that in my country cryptocurrency i.e. Bitcoin is a completely government banned currency. So should we teach our children about the banned currency?

Moreover, as time progresses, the interest of children towards Bitcoin is increasing day by day.  Would it be reasonable to keep young children away from Bitcoin in the context of my country?

First I wanted to emphasize, learning is different from using or holding Bitcoin.  Learning is just having the information and be able to digest it and undersatand its functions and usage.  Learning does not mean you are owning Bitcoin.  Learning about Bitcoin is just owning a piece of information that is saved within our brain cells.

We should educate our kids on whatever important for their life and growing up.  If your kids is just a primary level, you cannot force them to get interested or to learn bitcoin but if they are the one asking about Bitcoin then, by all means, you can explain everything you  know about Bitcoin in not so boring way.

You country banned cryptocurrency, meaning the usage, the acquisition is banned but having knowledge about Bitcoin isn't ban AFAIK.

[LogitechMouse]

But the problem is that my family's younger children all study in primary label. Should we educate young children about Bitcoin or introduce them to Bitcoin?

Moreover, another important thing is that in my country cryptocurrency i.e. Bitcoin is a completely government banned currency. So should we teach our children about the banned currency?

Moreover, as time progresses, the interest of children towards Bitcoin is increasing day by day.  Would it be reasonable to keep young children away from Bitcoin in the context of my country?

The interest that your children have towards cryptocurrency might be very dangerous to your family.

You are dealing with something that's banned in your country. Yes there are some ways for you to still access it, but your kids in the future are the problem. They might spill it one day towards other members that they are involved in cryptocurrency and if that happens, authorities might move and will find you.

Your children is still on a primary level like you said so I suggest don't teach straight up Bitcoin to them. I agree with what others said here that kids should enjoy their life as a kid but for me, they can still enjoy it but at the same time, teach them a bit of finance first. Having a financial literacy first would be very helpful for a kid. As for you keeping away your children towards Bitcoin, I suggest it would be better if you will just keep them away. After all, Bitcoin is banned in your country. Do you like your kids in the future, will go to jail because of Bitcoin?

I'm curious what kind of jobs you and your family are working?

I might be completely off here, but my guess is farming bounty campaigns via bunch of alts/signature campaigns on forum. I understand that people might make a decent living that way in certain parts of the world, but its not a smart thing to do, in the long run.

He answered what are his current jobs/source of income

Basically
Binance P2P Trading
Trading
Btt forum time passing with thread posting.

Not sure though with that "Btt forum time passing with thread posting" part, but basically he's doing trading for a living.

[Jatiluhung]

I think it's better for you to refrain from teaching bitcoin to your little ones or nephews for now. I honestly worry about you and your family. unless your nephew is old enough and will indeed be able to understand the consequences of the law in your country. but I really don't recommend teaching them for now. I'm afraid they will tell their peers about you and bitcoin. and their friends told the others. so you better be careful because your country still prohibits it for now. hopefully one day your country does not ban bitcoin.

although giving them lessons about bitcoin is not a problem as long as they don't own and use it. But like I said it's better to wait for them to be mature enough and more trustworthy.

[salad daging]

I want to know a deep thing from you, I live in a joint family with multiple members including my parents, brothers and sisters, sons and daughters, nephews and nieces. Several people in our family work in cryptocurrency. We always work on Bitcoins and cryptocurrencies with computers and mobile phones. This made my family's young children interested in our work and wanting to know about Bitcoin.

I think your nephew is already a teenager because he is already interested in bitcoin because basically if nephew are still a child it is impossible to be interested they will definitely be happy to play with the world of children instead of learning to want to know about bitcoin so with teenagers he has a little more thoughts knowledgeable about bitcoin that he wants to learn.

But the problem is that my family's younger children all study in primary label. Should we educate young children about Bitcoin or introduce them to Bitcoin?

Why not, that's a good thing if they are interested in bitcoin from an early age then you need to slowly educate them about bitcoin theory and introduce it to him, I think when he grows up he will understand better and start looking for his own experience because he has been introduced by you as his brother.

Moreover, another important thing is that in my country cryptocurrency i.e. Bitcoin is a completely government banned currency. So should we teach our children about the banned currency?
Moreover, as time progresses, the interest of children towards Bitcoin is increasing day by day.  Would it be reasonable to keep young children away from Bitcoin in the context of my country?

You have to know whether bitcoin is prohibited in your country as a means of payment or is it prohibited for everyone who wants to know about bitcoin? I don't think it's possible for the government to prohibit its people from not following the development of bitcoin, they are free for it, so if that's the case then you continue to teach him about bitcoin that you understand so far, for me it won't be wrong even though your country has banned it.

Because the internet world is expanding for them to access, of course there will be a lot of interest in teenagers about bitcoin that they want to learn.

[lovesmayfamilis]

I'm curious what kind of jobs you and your family are working?

I might be completely off here, but my guess is farming bounty campaigns via bunch of alts/signature campaigns on forum. I understand that people might make a decent living that way in certain parts of the world, but its not a smart thing to do, in the long run.

After seeing the OP's topic, I literally immersed myself in his lifestyle. His whole farming journey, I think, started with a pumpkin contest. One OP managed to get out of the water dry, and this only confirms that he works as a family.

https://bitcointalk.org/index.php?topic=5277020.msg61503580#msg61503580


In addition, there is a cryptocurrency ban in his country. It looks so disingenuous. The OP, unable to buy a hardware walletbecause of the ban, now asks stupid questions about the education of children in cryptocurrency, knowing in advance that it is prohibited.
OP, will you give drugs to children, since they are also prohibited, or will you ask the forum about it?
And you are not the first on the forum from Pakistan or Bangladesh.

[Lucius]

My opinion is that everyone should decide on the risks that can arise from Bitcoin being banned in their country, considering what kind of punishments can be expected for those who do something illegal. On the other hand, Bitcoin is designed so that it can be used without the authorities knowing that we are using it, but then we need to keep a low profile and try to stay under the radar.

The OP obviously has a situation where he lives with many family members and information is difficult to control in such a case, so he should be much more careful not to come into conflict with the law. Additionally, if his country bans cryptocurrencies, then he is probably blacklisted by most CEX, which means he has to use a VPN to access them, which is just another added risk.

After seeing the OP's topic, I literally immersed myself in his lifestyle. His whole farming journey, I think, started with a pumpkin contest. One OP managed to get out of the water dry, and this only confirms that he works as a family.

The same picture came to my mind, but unfortunately it's not only the people who are trying to earn something who are to blame, there is a lot of responsibility on all those who allow them to do it - and here I mean above all the attitude of the forum and those behind the bounty campaigns. Even if only one rule were introduced that participation in bounty campaigns can only be from Member rank and above, it would prevent the creation of farm alt accounts.

[Russlenat]

I'm sure it's not hard to educate them if they have the interest to learn. As long as they have access on the internet, everything will be easy as most if not all of the information are available online. Me, I'm a professional but there's no one educated me about bitcoin, I learned it my own, and I use my curiosity to drive me do the research it the internet.

I suggest that you let them do the hard work and just give them guidance along the way so they will not be mislead and might end up investing in PONZI scheme.

[suzanne5223]

This made my family's young children interested in our work and wanting to know about Bitcoin.

But the problem is that my family's younger children all study in primary label. Should we educate young children about Bitcoin or introduce them to Bitcoin?

Research shows that people who are interested in something often have the best knowledge about the thing and also do it in an innovative way since it is something that comes from the heart. If you teach the children about Bitcoin, you have literally introduced them to Bitcoin.

Moreover, another important thing is that in my country cryptocurrency i.e. Bitcoin is a completely government banned currency. So should we teach our children about the banned currency?

Yes, you to teach them about the reason behind the government ban on Bitcoin and the opportunity your country would have get if they didn't ban Bitcoin.

Moreover, as time progresses, the interest of children towards Bitcoin is increasing day by day.  Would it be reasonable to keep young children away from Bitcoin in the context of my country?

No, it's not right but let them what they are going to get themselves into if they join the Bitcoin investment scheme and the power of patient whenever the market is bearish.

[martyns]

It's not a bad idea to educate them about Bitcoin and you should start right away with teaching them the basics about Bitcoin. After that then you have to teach them what to do and what they shouldn't do. Also tell them that they could be in trouble when they're in the right age when someone finds out that they use Bitcoin as you have said that you could be legal trouble if they found out someone is using Bitcoin which I guess that Bitcoin is banned in your country.

Ofcourse,everybody who hears about Bitcoin,and knows how rich it is, will want to venture into it and see the money.It is indeed good to teach your children about bitcoin and educate them proper on how to trade,invest,hold a coin in bitcoin,and the best place to introduce them to is this platform, bitcointalk discussion forum,it is a forum that has been set aside to enlighten people about bitcoin,and make them know more things about it.If your children can start learning about bitcoin from now,then I think they will be great investors in the nearest future.

[Rikafip]

He answered what are his current jobs/source of income

Yeah I saw, but that part about "Btt forum time passing with thread posting" makes me think that does something different and not trading for a living. Professional traders that are able to live from that are extremely rare and based on OP activity he doesn't seem to me like one.

Even if only one rule were introduced that participation in bounty campaigns can only be from Member rank and above, it would prevent the creation of farm alt accounts.

Thing is, creation of alt farm accounts is in the interest of bounty managers because if they even set a Jr Member rank (let alone Member) as a minimum requirement to join, they would soon be out of work. They need numbers to show to their clients, and without alt farms numbers would be too low.

[Lucius]

~snip~
Thing is, creation of alt farm accounts is in the interest of bounty managers because if they even set a Jr Member rank (let alone Member) as a minimum requirement to join, they would soon be out of work. They need numbers to show to their clients, and without alt farms numbers would be too low.

I completely agree with you here and I have written several times that part of the problem is in how different managers approach the whole process. If profit is in the first place (and it is evident that it is), then everything else is secondary, including the fact that they take participants who do not deserve to do such things, which means that the problems with spam and promoting various suspicious projects are solely their responsibility.

The forum could put an end to it if it wanted to and make rules that would make such things impossible, but the fact that the scam is not moderated opens the door wide for all who deal with bounty campaigns to do whatever comes to their mind.

[Renampun]

...
Moreover, another important thing is that in my country cryptocurrency i.e. Bitcoin is a completely government banned currency. So should we teach our children about the banned currency?

Moreover, as time progresses, the interest of children towards Bitcoin is increasing day by day.  Would it be reasonable to keep young children away from Bitcoin in the context of my country?

about your child who currently has a great interest in bitcoin, I think you should just support it because it is a provision for him to live life in the future. even though currently in your country bitcoin is prohibited but in other countries, bitcoin is not prohibited, so the chance for your country to open a ban on bitcoin in the future is really very big.

Ops please allow children to be children let them have all the fun, allow them to grow and take your time to teach them about values and what there need for their age, don't expose them to any financial hustle right now and never let them know too much since bitcoin is illegal in your country when they grow to some certain age to be able to decide for them self on what is wrong and right within the laws.
-Let security be your utmost priority so getting little kids involved will not be wise since kids can control their emotions outside.
-But just know that the kid will learn one way or the other and it is better they learn it from you rather than outside, because you will take the time to put them through and teach them about security.

I'm not sure about the economic conditions of the OP's family, but in some countries that have a low economic level, many children (who are still in playing condition) work to earn money to make a living and help their family's economy. as long as OP is able to maintain the quality of his children's learning - playing, I support every decision that OP makes for his child.

[Razmirraz]

So far you and some of your family members have not experienced any problems working in Cryptocurrency even though the country you live in is very against the presence of Cryptocurrency, so why should you be afraid to teach your sons / daughters in your family to know more about Cryptocurrency especially Bitcoin.
As long as there are no problems when accessing the Exchange to buy/sell or open the Bitcointalk site, you can teach them whenever you want. They need to get basic knowledge to continue the work you've done, after all, no one can guarantee your country will continue to ban Cryptocurrency even if the head of state leadership has changed.

[Mpamaegbu]

~snipped~

Basically
Binance P2P Trading
Trading
Btt forum time passing with thread posting.

If you're into those and you're successful at two out of the three, trust me you're good to go financially. Trading is a very lucrative profession. It allows one enough time to plan one's life activities, it allows one ease of moving around at one's choosing and it also gives one financial freedom once one has a handle on it. What else can one ask for?

~snipped~

To be honest we usually have to secretly convert to our local currency through Binance P2P Trading.  In this case, many times local traders in our country have to get involved in legal trouble.

I know the panic and discomfort that causes. Some time in 2021 the misinformed government of my country also did the same by banning crypto activities. It was even an issue moving on the streets with any phone that has trading apps on it for fear of being stopped and searched my police. It became a legal tussle but all that is in the past now. That ban has been relaxed. I hope the same happens in your country so you guys can trade peacefully.

[Wiwo]

I'm not sure about the economic conditions of the OP's family, but in some countries that have a low economic level, many children (who are still in playing condition) work to earn money to make a living and help their family's economy. as long as OP is able to maintain the quality of his children's learning - playing, I support every decision that OP makes for his child.

Under whatever economic condition, unless modern day slavery if not an underaged is underaged and endangering them with the various hectic process of meeting financial endneed is very dangerous for the child's physiological and mental health, this may lead them to low confidence since their mental level is not up the capacity of deciding for some things, but then if the child is already above 17-18 year's he/she at that stage can absorb any financial stress that comes with working for money because children should be allowed to.
-Have the time to enjoy their innocent stage, without worrying about anything as relate to meeting the needs of a child.
-children are not security concerned like adults, this is because of the innocence in mind at that stage of life, so it is risky to involve them in any training that involves finances.

[Issa56]

But the problem is that my family's younger children all study in primary label. Should we educate young children about Bitcoin or introduce them to Bitcoin?

I think you should just leave the children, you don't have to stress them, let them focus on their education for now since they are still very young, even if they learn about bitcoin it's not really useful for them, so let them just focus on their education.

Moreover, another important thing is that in my country cryptocurrency i.e. Bitcoin is a completely government banned currency. So should we teach our children about the banned currency?

The government ban bitcoin, but we all know they did that just for their own personal interest, we all know that bitcoin is not a crime. Since bitcoin is banned in your country, you can definitely teach your family members about bitcoin and no outsider will know about it, people will definitely be making use of bitcoin in your country even as it is banned.

[nurilham]

Basically
Binance P2P Trading
Trading
Btt forum time passing with thread posting.

Do you have no jobs in real life? I mean offline jobs. 

You said that Bitcoin isn't a legal currency in your country, so other crypto coins are illegal currencies too. It is a bad idea to rely on those jobs which are related to illegal things in your country. When your government knows about your jobs, you surely will get into legal trouble. It is the same as the other traders that you said have ever got into legal trouble.

You clearly stated it, the whole of your family potentially get a legal trouble

There are many legal people/police around us if they get any information about Bitcoin from the mouth of children then our elder family members will face many problems.

So should we teach our children about the banned currency?

With the big risk (legal trouble), you must avoid teaching your children about Bitcoin. You also should never try to teach other members of your family about Bitcoin. Because if you teach them, it means you lead them to potential legal trouble someday. You can teach them if it is already legal in your country. And make sure you won't teach immature people about Bitcoin, children should be excluded. Teaching too early may lead them to misunderstand Bitcoin.