Teaching children Bitcoin is not in vain

[Onyeeze]

Bitcoin is digital currency that is being widespread almost all the continent, and some people notice the development of Bitcoin very late, and it enables some people not to invest in Bitcoin in far back 2009 and 2010. Therefore i noticed that teaching children of Bitcoin in early stage and mostly children that is up to ten years and above, inculcating the functions and the importance of Bitcoin in children will make them to develop widely with the knowledge being inculcates with them already. I think that Bitcoin is good to be known from youthful age. I have noticed that assuming so many of us notice the important of Bitcoin in time we would have all be a partial millionaire if I'm not mistaken of being a full millionaire.

[Scripture]

Financial literacy are way better, its better to teach them the whole concept of money and not just about Bitcoin because if they don't know how to handle their finances, then knowing Bitcoin is useless. Younger generation should start working with their financial awareness, and we should guide them on every possible way.

Bitcoin is there to give financial freedom, and its good to also learn more about this. If I already have Children, I will start teaching them on how to save money and how they can spend it, by this you are slowly teaching them to be more wiser when it comes to their finances.

[romero121]

Teaching children about the finance is good. That too needs to be done at the right age. Some parents used to force their children to learn at the earliest as they weren't able to reap the best out of the market. This doesn't gonna benefit the children as well as the parents. In the long run these children will be with partial learning and they never find a way to progress. Giving them about the base of finance is good. Along with that when time comes we need to inform about the alternate choices available. If he wish, let him learn because most of the parents try to educate about cryptocurrencies just for money making. This is not the right way.

[GreatArkansas]

Bitcoin will also help children to value money I believe. Because of what I experienced before when I started to learn about Bitcoin, I started to become responsible for my money just like how to value your money, how you track your expenses, investment and deep more into the financial system we have now, trying to understand and connecting the dots because if you want to learn Bitcoin, you will somehow encounter some of these.

[Die_empty]

Bitcoin is digital currency that is being widespread almost all the continent, and some people notice the development of Bitcoin very late, and it enables some people not to invest in Bitcoin in far back 2009 and 2010. Therefore i noticed that teaching children of Bitcoin in early stage and mostly children that is up to ten years and above, inculcating the functions and the importance of Bitcoin in children will make them to develop widely with the knowledge being inculcates with them already. I think that Bitcoin is good to be known from youthful age. I have noticed that assuming so many of us notice the important of Bitcoin in time we would have all be a partial millionaire if I'm not mistaken of being a full millionaire.

There is no doubt that early financial education in children is important. Children should be taught how to save and invest early to enable them master these  two important behaviors. But it is not adviceable to introduce a child that is less than 15years to bitcoin except the child shows uncommon interest. At this stage they should be allowed to focus on thier academics and also build some interpersonal skills that would help them to develop both academically and morally.

We can introduced basic saving skills like keeping money in piggy banks and introducing the child to some easier schemes. Bitcoin education can be introduced after the secondary school when the child is matured enough to understand bitcoin transactions. Don't  forget that the child should also be exposed to privacy and online security before exposing him to bitcoin.

[pawel7777]

Financial literacy are way better, its better to teach them the whole concept of money and not just about Bitcoin because if they don't know how to handle their finances, then knowing Bitcoin is useless. Younger generation should start working with their financial awareness, and we should guide them on every possible way.

I couldn't agree more. Pushing Bitcoin as some sort of one and only true form of money, reeks of fanaticism and instinctively pushes people away. It should be shown as an example of a decentralized alternative to fiat, but we have to remember it's an experiment that has a risk of failing.

...I will start teaching them on how to save money and how they can spend it, by this you are slowly teaching them to be more wiser when it comes to their finances.

It's getting much harder than it may seem. When I was a kid, cash was a primary form of payment, I associated money with coins and notes and the concept was easier to grasp. For children born and raised in a primarily cashless environment, it's much harder to associate money with anything tangible and they have to learn of money as a more abstract concept, which is probably more difficult to comprehend.
Similar thing with savings - what used to be true, i.e. encouraging long-term saving, is not necessarily a good advice in a situation of high inflation and low rates on saving accounts.

[taufik123]

Introducing bitcoin to children at an early age is a good to apply it, but you have to use the right method so they can understand what we are teaching.
Explain what bitcoin is and how bitcoin works as a digital currency, explain how to make bitcoin transactions and how to maintain security.
Teach about investment and how the social and environmental impact of using bitcoin.

Of the several things that can be done, it is important to ensure that children understand the basic concepts and mechanics of bitcoin before introducing them to the investment and financial aspects.

So use an analogy that is easily understood by children to be able to understand what we explain about bitcoin.
Studying and playing it will be a great method.

[PX-Z]

Children? You mean 10 years old below? Maybe for those 8 years old above for the basic financial literacy, but i won't introduce bitcoin to them without knowing what money is. They should learn the very basic related to financial instead of knowing what bitcoin is, crypto and blockchain. That's torture to them.

[jackg]

I saw a youth group watch a video on the history of money a few days ago and was quite surprised by bitcoin/cryptocurrency getting a mention. It also mentioned visa and I assume 50 years ago people would say the same about that.

I think it's going to have to be something covered soon by the education system or they'll start leaving people behind and more prone to manipulation from wealthier people that pretend to be philanthropic or are actually deluded.

[uneng]

Teaching children from their 7 years old on about bitcoin is a good idea if you care for their future, but keep in mind they have to be receptive to the idea, otherwise the experience can be frustrating, what can even make them have a negative view towards bitcoin on their adulthood.

Also, it's an interesting alternative to create a wallet for your children and deposit some satoshis there every month, so futurely, once they become adults they will have a decent sum of money to start their professional lives.

[UchihaSarada]

Therefore i noticed that teaching children of Bitcoin in early stage and mostly children that is up to ten years and above, inculcating the functions and the importance of

Children are like empty pages and they are quickly learning new things in their lives. The elderly can feel hard to learn using smart phones, find and watch Youtube videos but it is not big problem with children. If you give them a smart phone, they will self discover how to use it.

If you expose them to blockchain and Bitcoin, they will know how to use it. However you must set up basic things for them and use Bitcoin testnet to teach them.
https://coinfaucet.eu/btc-testnet
https://tbtc.bitaps.com
http://kuttler.eu/bitcoin/btc/faucet/
http://bitcoinfaucet.uo1.net/
https://tbtc.mocacinno.com/

Blockchain for Babies

[Plaguedeath]

I don't really understand people right now are forcing their kids to learn Bitcoin! your kids still don't know his passion, his future journey and his hobby. If you're always link money to your kids, your kids only look everything based on money, while actually it's really bad to see anything in money equivalent because he would become an arrogant person or can't appreciate his friend gift.

It would be different if your kids is interested in computer and technology, you only need to help them to learn, not ask them to understand about the specific course like Bitcoin.

[laurenB7742]

I think all bitcoin investors have thought of that and want to do this for their children, I totally agree with this opinion, it's a good thing. But I also have one more piece of advice, teach them about bitcoin when they are old enough to be financially aware and teach freely, if they don't like it, don't force it. We are all bitcoin investors, so for us, bitcoin is the best, but not everyone likes bitcoin, and there are many ways to become rich and successful without bitcoin. Let's respect our children's decisions.

[mk4]

Teaching children about finance is great, but you don't need to shove Bitcoin down their throats — especially knowing that chances are, they barely even understand what money is and how money works. Sometimes you just need to let the youth enjoy their childhood, then educate them when they're ready.

[Edwardard]

Sometimes you just need to let the youth enjoy their childhood, then educate them when they're ready.

You're right here. Alternatively, we can keep educating them slowly as they grow up about how the blockchain works, such as use of miners, about block confirmations, fees used, etc. instead of putting the price and investment pressure in their heads. The more they learn it technically, the more advanced and skilled they become when they are ready. Also the mind is very sharp to catch things during childhood rather than in adulthood!

[tbct_mt2]

Teaching children about finance is great, but you don't need to shove Bitcoin down their throats — especially knowing that chances are, they barely even understand what money is and how money works. Sometimes you just need to let the youth enjoy their childhood, then educate them when they're ready.

With children, their childhood is full with fun and playing times. If parents want to teach their children anything educationally, they can try to do that with playing games or anything similar to games.

Children need to get funny experience from that they naturally learn things with their small brains. It is like how they learn to say "Daddy, Mommy", very naturally and without pressure on their brains.

Cartoon movies, cartoon books for them are great. Games for them are great too.

I think they if parents can find games for them to play and guide them to tips other players with bitcoin, it is great. Teaching children about finance when they are very young is not great idea.

[Kaliandra]

teaching children about bitcoin from an early age to children of course it will not be in vain because surely if they reach adulthood they will definitely understand more about bitcoin.
but what must be prioritized is still the offline business method because the bitcoin business certainly has risks. and there should be no element of coercion because not all children will be interested in bitcoin.
and don't destroy the world of children, because children are the time to play and learn.

[Jatiluhung]

as long as we don't stress them out and they enjoy learning it then it will be good enough. but you also need to know the stages in giving teaching about finance to your children. Give lessons slowly with a method that is liked by children.

Playing games that contain education can also be an option. the important thing is you have to maintain the psychological condition of your child. The child's brain is developing rapidly. and their emotions are not as stable as adults.

and actually children are more susceptible to experiencing anxiety disorders due to stress or feeling burdened. so teach in a fun way and avoid making them feel pressured or coerced.

interest them first and make them curious and ask questions first. before you explain.

[Fivestar4everMVP]

Well, at 10 years, I think they are still very too young to understand anything about bitcoin, but i sure agree with you, Financial literacy is something our children are not being taught in school, so it is actually not a bad idea if we start teaching our children financial literacy from our homes, it is in the course of learning financial literacy that the lesson of bitcoin should come in.
We should teach them about fiat , its pros and its cons ,
then teach them about Gold, silver, diamond and other precious stones, and their pro and cons,
And last but not the list, we teach them about bitcoin and cryptocurrencies in general, and its pros and cons as well.

it is actually good for them to know about all this from their tender age, as i believe that it will help them position themselves better, for their financial life as they grow up.

[worle1bm]

Teaching children about finance is great, but you don't need to shove Bitcoin down their throats — especially knowing that chances are, they barely even understand what money is and how money works. Sometimes you just need to let the youth enjoy their childhood, then educate them when they're ready.

The Bitcoin education is important to children but at the right age say above 10 years when they are able to understand what it actually is like the money system or how we have banks in our system.But at the young age they should live freely without any burden of learning enjoying their life but we should feed them some basic stuff through intersting manner like stories and make them aware in full when they are ready.