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Author Topic: Teaching children Bitcoin is not in vain  (Read 1670 times)
Distinctin
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February 10, 2023, 07:27:17 PM
 #61

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.
Children should only learn first about the basics of bitcoin because that’s the most important there. As long as they become aware about bitcoin and its purposes, I guess that would be good enough and if they develop interest with bitcoin, they will surely find ways on how to understand more about bitcoin. Because if parents will focus on the complication about bitcoin, including on how to invest about bitcoin and using it as a currency, that will force the young minds of children to learn them in an abrupt way. So let them learn the basics first, and let them explore how they will improve and grow their knowledge about bitcoin if they really want to.
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February 10, 2023, 08:04:08 PM
 #62

Teaching them at the tender age is a very good but if the child can handle the three domains of learning then the child is good to learn bitcoin but if is not, you have to wait for the child to matured cognitively. And the three domains are.
1. Cognitive
2. Affective
3. Psychomotor

The child must have the ability to understand the information you giving. And also he or she must have the flexibility to carry out activities.

We must educate them

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February 10, 2023, 09:29:40 PM
 #63

Introducing Bitcoin to children is very natural and this might have a good effect on their knowledge. At the very least, we need to introduce Bitcoin not technically first. However, what needs to be considered is not to let children think that Bitcoin can make us very rich easily. because what is in their minds is only positive things. Meanwhile, Bitcoin itself still has risks, especially if the person is impatient, then they will actually hate Bitcoin because it does not match their expectations. So, it would be better if we still have to choose and sort the information that will be conveyed to our children so that they don't have too high expectations.

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February 10, 2023, 09:37:27 PM
 #64

Information is everywhere if as parents we fail to teach our kids the right mindset as regards Bitcoin and digital currency at early age they will get the information outside and it is difficult to predict the kind of knowledge that will be passed on to our kids about Bitcoin from neighbors, peers or classmates. As exposed Bitcointalkers it is best to be the first to educate your kids about Bitcoin and its mechanisms so it will be easier to account for what information they have about digital currencies.
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February 10, 2023, 09:46:17 PM
 #65

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.

It would be better to teach the children about financial literacy.  I believe it is too early to teach children at the age of 10 since they don't have the capability to invest or they are at a legal age to trade.  Besides, the right time will come for these children to learn about cryptocurrency so we do not need to rush them into learning things that they are unable to process or participate yet. 

Teaching them at the tender age is a very good but if the child can handle the three domains of learning then the child is good to learn bitcoin but if is not, you have to wait for the child to matured cognitively. And the three domains are.
1. Cognitive
2. Affective
3. Psychomotor

The child must have the ability to understand the information you giving. And also he or she must have the flexibility to carry out activities.

We must educate them

True, we must weigh the ability of children to process and absorb an information.  Teaching them too complex information at a young age will only be a waste of time, IMO.
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February 10, 2023, 09:55:11 PM
 #66

These days kids are much into visual learning. Maybe trying with some documentary or with play visual could easily reach them. Soon we can see more comics and cartoons to have bitcoin, even those will help kids in knowing about bitcoin. The best part, the child itself need to gain interest towards it. Something we trying to educate without the interest from the kids shouldn't happen.

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February 10, 2023, 10:25:24 PM
 #67

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.
I think the idea of teach our children on investing in Bitcoin is a  good and interesting idea. Bitcoin is here to stay so we just need to be relaxed and focus on holding and accumulating some percentage in Bitcoin than keeping all our saving or funds in the bank. Bitcoin appreciates so it will be a good idea for us to save now and allow the future to determine our fate but Bitcoin appreciates with time.
Children can learn very fast and it will be a two step upfront for them to have idea on cryptocurrency now that they are young and still growing. Bitcoin is going to be here all time.

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February 10, 2023, 11:27:49 PM
 #68

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.

This is a fantastic idea, but you must broaden your teachings beyond bitcoin and into the financial realm of the internet. Teach them how to be self-sufficient in this world by utilizing the digital world and the opportunities that come with it. Bitcoin is just another way to make money on the internet like any other, so let them choose the one that best suits them.

Even today, some people still do not believe in bitcoin and believe that it will fail. Everyone has different instincts about how they believe and perceive certain innovations in this world; you can't force them to believe you; you can only suggest and encourage them to do so, let them make the choice themselves.

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February 11, 2023, 12:40:49 PM
 #69

Teaching bitcoin to kids is a very good thing. They are still young to learn about bitcoin, and it will definitely affect their future. But, one thing don't force them to learn about bitcoin if they don't want to. Just because we want them to be successful, but there's no rush.

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February 11, 2023, 01:04:26 PM
 #70

I think the idea of teach our children on investing in Bitcoin is a  good and interesting idea. Bitcoin is here to stay so we just need to be relaxed and focus on holding and accumulating some percentage in Bitcoin than keeping all our saving or funds in the bank. Bitcoin appreciates so it will be a good idea for us to save now and allow the future to determine our fate but Bitcoin appreciates with time.
Children can learn very fast and it will be a two step upfront for them to have idea on cryptocurrency now that they are young and still growing. Bitcoin is going to be here all time.
In many ways, this should still depend on the nature of the person, not everyone likes to save and invest, for some this is a boring activity, and even more so it can be a boring activity for children.

They think differently, they will be interested if done in the form of a game, but I don’t even know how to do it. Investing in it's a rather boring business that requires a lot of time and patience, and most children need everything now. This doesn't just apply to children, by the way.

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February 11, 2023, 01:24:27 PM
 #71

What would your present situation be if you were introduced to Bitcoin in 2009 or 2010? If you truly understood Bitcoin and its development, that is. The likelihood is that you would then lead a better life.

People tend to reject new things and are not willing to take risks. I believe that even if we were introduced to bitcoin and understood it well in 2009, we would not invest in bitcoin. Just because we've seen what bitcoin has achieved, we believe that if we could go back in time, we wouldn't miss it. It's like someone recommending a new altcoin project to us, we won't believe it, but if it is as successful as ethereum, we will believe it in the future. I believe programmer Laszlo Hanyecz knows bitcoin better than all of us here, but he can't predict the future of bitcoin either.

By the way, I also support teaching our children bitcoin, but we should not force them if they are not interested in bitcoin. I already have kids and plan to teach them all the basics of bitcoin when they're 10 or older, but I'll avoid talking about investing with them.

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February 11, 2023, 01:30:32 PM
 #72

What would your present situation be if you were introduced to Bitcoin in 2009 or 2010? If you truly understood Bitcoin and its development, that is. The likelihood is that you would then lead a better life.
I already have kids and plan to teach them all the basics of bitcoin when they're 10 or older, but I'll avoid talking about investing with them.

Yes, this. Teach them from the technology perspective, and let everything else around it fall in naturally.
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February 11, 2023, 01:35:34 PM
 #73

I think that Bitcoin is good to be known from youthful age.
maybe it will be better when the child can manage his finances. I mean, when a child is given money with a specific nominal value, he can control how the money is used. that's a good time to teach Bitcoin to kids.
we don't know what the right age is for it. and maybe in countries that have legalized Bitcoin, are there any subjects in certain classes that might touch on discussions related to digital currency?


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Rigon
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February 11, 2023, 02:29:46 PM
 #74

I am one of those people who believe children should concentrate on having fun and enjoying life at their young age... we should not burden them with the worries of money, because there are enough time for them to "make" money when they are older.

Now, that said.... there is nothing wrong with you talking to them and teaching them to be disciplined when it comes to the spending part of it.. but do not go into too much detail, because it is too early.  Tongue
I'm also one of you who still believes in not educating kids on bitcoin education at such a young age and not focusing on enjoying life. Children have a certain period of time during which they should not be over-stressed. If any extra pressure is given to them during this time, they will be reluctant to study at an early age. After a certain age they can be educated in bitcoin education. Then maybe educating them on bitcoin education will help them understand more and bring much good for themselves.
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February 11, 2023, 03:50:29 PM
 #75

I am one of those people who believe children should concentrate on having fun and enjoying life at their young age... we should not burden them with the worries of money, because there are enough time for them to "make" money when they are older.

Now, that said.... there is nothing wrong with you talking to them and teaching them to be disciplined when it comes to the spending part of it.. but do not go into too much detail, because it is too early.  Tongue

I agree with you, there is no need to rush to teach them about bitcoin too soon, nor does it guarantee that they will become a good investor later on. As long as the market exists, it is never too late to invest, as long as they are really passionate, they can join at any time. Don't try to ruin their childhood.
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February 11, 2023, 03:58:36 PM
 #76

I see nothing wrong with teaching children about Bitcoin at the age of 10 and I don't see them as young at that age because they're already developing skills and talents at that age. They know what's wrong and what's right already.

On the other hand, it would be better if they will just integrate financial literacy as a whole to the curriculum of every school. Some might see that 10 years old is too young for a child to learn Bitcoin, so maybe teaching the basics of financial literacy would be better and as time goes by, he will learn about Bitcoin and crypto as he learns more about financial literacy.

There's nothing wrong with children teaching about Bitcoin, but I'd prefer teaching them the basics of finance because they might get overwhelmed when they try to learn it.

 
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TheGreatPython
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February 11, 2023, 05:12:09 PM
 #77

Information dissemination is key in this age.so,children should be exposed  earlyto as many relevant information as possible to guide them in decision making.Though they may not be able to buy,sell or trade Bitcoin for now,but they should be taught what Bitcoin and cryptocurrency is,how to get it and what it's used for.you may as well connect them with crypto faucet,where they can earn small amount of Bitcoin by completing simple task.That way you spur their enthusiasm as soon as they start seeing results.But endeavor to strike a balance between financial education and the pursuit of other aspects of their lives growing up as kids
This is now possible and this is what is happening now on the current generation because of the help of the smartphones but proper guidance must still be there with the help of their parents because not all information that is seen on the web is true and not all are appropriate for the kids. If the kid is too young to trade Bitcoin then we can just teach them on how to hodl or invest for the long term.

This should be helpful on securing their future. It's like teaching them how to save using a piggy bank. We shouldn't forget that they are still a kid so yeah, the balance must still be there. We should also give them time for playing and do other things.
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February 11, 2023, 05:31:40 PM
 #78

Settling and removing the idea that we're all millionaires if we've known bitcoin at the earliest time and the same goes for the kids that we'll teach.

What's more important I think is that they'll be more exposed to its technology and the variance of crypto itself. The knowledge that they'll extract through the market is overwhelming. It's not just all about bitcoin, technology, market, analysis and etc. but, there are many more that they can learn from it while they're still at a young age having that curiosity of innocent minds.

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BigBos
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February 11, 2023, 08:13:28 PM
 #79

Teaching them at the tender age is a very good but if the child can handle the three domains of learning then the child is good to learn bitcoin but if is not, you have to wait for the child to matured cognitively. And the three domains are.
1. Cognitive
2. Affective
3. Psychomotor

The child must have the ability to understand the information you giving. And also he or she must have the flexibility to carry out activities.

We must educate them
Of course it's not a good thing if you only teach Bitcoin, that's a stupid act as a parent in my opinion, basic knowledge about other sciences must also be given to our children as a counterweight to how children think and make decisions in the future, in terms of cognitive, affective and psychomotor must be very concerned about the development of children at the age of exploration, we do have to teach them bitcoin but having the right time and plan is a wise decision for the development of the child too.
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February 11, 2023, 08:43:34 PM
Merited by CryptSafe (3), Sexylizzy2813 (1), Mr.suevie (1)
 #80

The idea of educating our children to know to bitcoin is a good idea,it is very right for them to know how to control there finance properly.
For them to understand what you are teaching them you need to organize a seminar for them to make them understand why you needed them to have the knowledge of bitcoin and the important of Invertement. Because by so doing you are impacting the knowledge of Invertement in to there life.

And you don't forget to pass the for details to the well about the both side of Invertement,by letting them know the advantage and the disadvantage which impels thee risky aspect of bitcoin also.making our children the knowledge on how they can invest and knowing about bitcoin is never a bad thought.

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