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Author Topic: Teaching children Bitcoin is not in vain  (Read 1393 times)
Finestream
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February 15, 2023, 09:25:26 PM
 #101

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.
We cannot start teaching them about bitcoin without taking the side first about fiat and how they will manage their finances. So we should focus first on teaching them how to save money and be able to manage their finances through instilling in their minds the importance of money and how it will be useful not only for their everyday living but most likely in the future. As long as they have start learning the real concept of money, then probably they will also adopt the same value when they start learning about bitcoin too, since bitcoin is still considered a currency.

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February 15, 2023, 09:47:26 PM
 #102

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.
We are already at a virtual age so definitely, we should start dealing with virtual technologies like bitcoin. And these young children also deserve to know about it because they will be our future leaders and future millionaires in the next coming years. But we should also see to it that learning bitcoin for them should also be more interesting and entertaining on their side, and not just the traditional way of teaching because definitely, it will only make them less interested and do not want to learn about bitcoin anymore. So if we can teach them bitcoin and then associate some playing too, maybe that will work for them and help them learn bitcoin the easier way.

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February 16, 2023, 09:58:27 AM
 #103

Bitcoin was the trusted crypto currency over a couple of years.The people with more knowledge had get into crypto currency earlier.Most of the people get into crypto after the 2017 year,So it’s almost 5 year up from 2017.It’s essential for teaching the people this block chain technology.In this decade of crypto currency growth,many people become a millionaire and billionaire by investing in the crypto currency.Longterm investment is always important one in the crypto currency trading.
I think Bitcoin is the most popular crypto currency investment from yesteryear to now days.  Many are making money and some are losing money because of mistakes. I think most of the people who invest in Bitcoin make a lot of money from it.  So if we can invest some bitcoins here, it will be very good for us. So I want to invest some bitcoins. If we can invest some bitcoins for us, I hope it will bring us a lot of profit.

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February 16, 2023, 10:19:02 AM
Merited by Beparanf (1)
 #104

This is not the first time topics about "teaching children Bitcoin" appear. My vision is let children be children. It is better to give them overall proper education and upbringing, then forcing them to learn Bitcoin. If a child wants to be a singer, why should he learn about Bitcoin? If a child has an interest in electronics, gadgets, finances, he will find out about Bitcoin himself. If Bitcoin gets mass adopted, the knowledge about it will come by itself.

The motives of most of people who wants to teach their kids about Bitcoin is financial, but not technology or possibilities. They want their kids to invest as early as possible, to learn how to double money. Because "if they invest now and earn more, they would afford to have more in future". I think if the kid has money to buy candy or a toy, let him do it, and it is parents duty to earn more to have their kids have tomorrow more than they have today.

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February 16, 2023, 10:25:45 AM
 #105

This is not the first time topics about "teaching children Bitcoin" appear. My vision is let children be children. It is better to give them overall proper education and upbringing, then forcing them to learn Bitcoin. If a child wants to be a singer, why should he learn about Bitcoin? If a child has an interest in electronics, gadgets, finances, he will find out about Bitcoin himself. If Bitcoin gets mass adopted, the knowledge about it will come by itself.

The motives of most of people who wants to teach their kids about Bitcoin is financial, but not technology or possibilities. They want their kids to invest as early as possible, to learn how to double money. Because "if they invest now and earn more, they would afford to have more in future". I think if the kid has money to buy candy or a toy, let him do it, and it is parents duty to earn more to have their kids have tomorrow more than they have today.

Exactly, not only children but elderly too. I really hate involving those people that on this stage of life since they are meant to live their life according to what they preferred. There’s a lot of people living on the normal age bracket for financial ventures such as Bitcoin. We should focus only those age and don’t bother the minorities since they are already passed the investment phase or they are just starting to venture it once they grow.

People always paying attention on the wrong people just because they are an easy target to become subjected on investment even though they are not meant for it.

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February 16, 2023, 01:00:13 PM
 #106

Basically, this is not the right way to mold a child. A 10-year-old kid should be able to enjoy his life's childhood years and should be more focused on learning the basics of education. But of course, there are always exemptions. There are children that are already interested in a higher level of interests so their gifts should be enhanced too. So if a 10-year-old kid showed interest in bitcoin then it's good but they should not be forced into learning about bitcoin if they are not interested. Sooner or later, bitcoin might be taught to high school students as part of finance or technology. Those are the ripe age to get introduced to bitcoin.

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February 16, 2023, 01:06:33 PM
 #107

I agree with you. Given how accessible crypto trading has become for adults, cryptocurrency may also be useful for children and their parents who want to invest in their children's future. Moreover, investing in cryptocurrency could be the next logical step toward financial literacy for children, especially for those approaching adolescence and beyond.

There are ways to give cryptocurrency gifts to children.

1) Cryptocurrency gifts. You can create custodial wallets for your child and keep the private keys safe until your child is an adult. This will allow you to store cryptocurrency gifted to your child, effectively controlling the account.

Parents, for example, can make a regular cryptocurrency contribution to their child's wallet, and some even combine their crypto-gift with real coin so that the child has a physical sense of the gift.

2) Cryptocurrency and pocket money. This is a more subtle approach, as you may need to give your child access to the wallet keys so they can spend the savings. Alternatively, you could split the savings into cryptocurrency and cash or Stablecoins to satisfy your child's desire to spend the funds without spending the cryptocurrency.

3) Crypto fund for university. University requires a lot of spending by parents when a child enrolls. One way to save on rising expenses is to open an educational savings account or start investing in cryptocurrency, doing so ahead of time. This approach will at the very least save money, and given the deflationary nature of bitcoin, increase the initial amount in the long run.

In any case, I believe that in today's world it is necessary to develop children financially, because it is both useful and interesting.
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February 17, 2023, 07:25:33 AM
 #108

Basically, this is not the right way to mold a child. A 10-year-old kid should be able to enjoy his life's childhood years and should be more focused on learning the basics of education. But of course, there are always exemptions. There are children that are already interested in a higher level of interests so their gifts should be enhanced too. So if a 10-year-old kid showed interest in bitcoin then it's good but they should not be forced into learning about bitcoin if they are not interested. Sooner or later, bitcoin might be taught to high school students as part of finance or technology. Those are the ripe age to get introduced to bitcoin.

The point of my post was not to stop force learning of a Bitcoin, but to make it is not obligatory for children to share same interest in things their parents are interested in. If parents are interested in cryptocurrency or Bitcoin, it is not necessary for their children to be interested in Bitcoin also. If the kids have a thirst to knowledge what is cryptocurrency, investment and etc, then it is ok. But if father is all about "I wish I knew earlier, I would be rich", and that is why his kid must know about Bitcoin and opportunities, when he wants to draw or ride a bicycle, or play tennis, then it is a big no.

I have seen many parents forcing their kids to go to music schools and learn how to play music instruments (because that is prestige, and mother can boast that her girl plays violin), go to different sports sections (because father thinks he is going to be next worlds tennis champion, even though there were never good sportsmen in family). After graduating, such kids completely abandon these knowledge and skills, and never go back to them.

R


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February 17, 2023, 08:01:25 AM
 #109

Teaching children about Bitcoin and other cryptocurrencies is an important step in preparing them for the digital economy of the future. As we move towards a more cashless society, it's essential for children to learn about the digital currencies that will play an increasingly significant role in their lives. Roll Eyes

By teaching children about Bitcoin, we can help them develop a better understanding of the benefits and risks of using digital currencies. They can learn about the decentralization of the blockchain and how it allows for secure and transparent transactions. Moreover, children can also learn about the potential investment opportunities in cryptocurrencies and the importance of managing risks associated with these investments.

Teaching children about Bitcoin can also help them to become more financially literate. They can learn about saving, budgeting, and investing from an early age, which can set them on the path to financial success later in life. They can also develop a better understanding of the importance of financial privacy and security when it comes to online transactions.

Overall, teaching children about Bitcoin is not in vain, and it can help them to be better prepared for the future. It can empower them to navigate the digital economy with confidence and understanding, which can have a positive impact on their financial and personal lives. Grin
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February 17, 2023, 12:47:31 PM
 #110

Basically, this is not the right way to mold a child. A 10-year-old kid should be able to enjoy his life's childhood years and should be more focused on learning the basics of education. But of course, there are always exemptions. There are children that are already interested in a higher level of interests so their gifts should be enhanced too. So if a 10-year-old kid showed interest in bitcoin then it's good but they should not be forced into learning about bitcoin if they are not interested. Sooner or later, bitcoin might be taught to high school students as part of finance or technology. Those are the ripe age to get introduced to bitcoin.

The point of my post was not to stop force learning of a Bitcoin, but to make it is not obligatory for children to share same interest in things their parents are interested in. If parents are interested in cryptocurrency or Bitcoin, it is not necessary for their children to be interested in Bitcoin also. If the kids have a thirst to knowledge what is cryptocurrency, investment and etc, then it is ok. But if father is all about "I wish I knew earlier, I would be rich", and that is why his kid must know about Bitcoin and opportunities, when he wants to draw or ride a bicycle, or play tennis, then it is a big no.

I have seen many parents forcing their kids to go to music schools and learn how to play music instruments (because that is prestige, and mother can boast that her girl plays violin), go to different sports sections (because father thinks he is going to be next worlds tennis champion, even though there were never good sportsmen in family). After graduating, such kids completely abandon these knowledge and skills, and never go back to them.

Coercion never works well, it just makes us and our children waste each other's time. That's why I don't want to teach my kid's bitcoin too early. Let them be old enough to realize what they want, and then we teach them, it's never too late. For me, as long as the market exists, there will always be a way to profit. Not everyone who invests in bitcoin early is rich, and everyone who invests late has no chance of getting rich.

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February 17, 2023, 12:54:42 PM
 #111

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.

Teaching children about Bitcoin can be a complex topic that requires a certain level of understanding of both technology and economics. As with any subject, the appropriateness of teaching children about Bitcoin will depend on their age, maturity, and ability to understand the concepts involved.

While it can be beneficial to introduce children to the basic concepts of cryptocurrencies and how they work, it is important to ensure that they are also aware of the risks associated with investing and trading in cryptocurrency. This includes the possibility of scams, market volatility, and potential losses.

Overall, it is up to parents and educators to use their judgment and decide whether teaching children about Bitcoin is appropriate for their individual circumstances. It is important to provide children with accurate information and to encourage critical thinking and responsible decision-making.




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February 18, 2023, 12:22:22 AM
 #112

I don't think this is the first topic that discusses providing education about bitcoin to children.

in my opinion about this, let the children be normal children who usually like to play,
but if you want to teach about bitcoin to children, of course it's not a fatal mistake, it's just that good techniques are needed in teaching children about bitcoin.
and the method must be gradual, such as by introducing the name bitcoin first, so that later a child will ask what is bitcoin? etc....
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February 18, 2023, 02:57:37 AM
 #113

Teaching children about Bitcoin can be a complex topic that requires a certain level of understanding of both technology and economics. As with any subject, the appropriateness of teaching children about Bitcoin will depend on their age, maturity, and ability to understand the concepts involved.

While it can be beneficial to introduce children to the basic concepts of cryptocurrencies and how they work, it is important to ensure that they are also aware of the risks associated with investing and trading in cryptocurrency. This includes the possibility of scams, market volatility, and potential losses.

Overall, it is up to parents and educators to use their judgment and decide whether teaching children about Bitcoin is appropriate for their individual circumstances. It is important to provide children with accurate information and to encourage critical thinking and responsible decision-making.
Knowledge passed unto the young ones is not waste, rather a big achievement for planting a seed of wisdom and finance stability into their lives. Children have their specific rights to know about bitcoin and how the entire crypto market operates especially when their guardians are top traders or investors in the market. Creating awareness is the best spot for children usually up to to 12-15 years because that's the only age range that they can start practicing and reading complex books concerning bitcoin. Risks management, candlesticks charts and emotional state should be brief to their children so as to clear their doubt about what the market is all about, so the precautionary measures will be meet when trading. I remembered when I impacted some knowledge of bitcoin into my nephew who's fully depending on cryptocurrency for his day to day bread, he's becoming a man gradually with backups knowledge and confident about the market, I'm so proud that I told him earlier about the space and he was not ignorant of the key information passed unto him, he uses every golden chance to execute profits.

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February 18, 2023, 03:04:53 AM
 #114

The point of my post was not to stop force learning of a Bitcoin, but to make it is not obligatory for children to share same interest in things their parents are interested in.
Children are not must to do everything their parents are interested in. Parents can give them environment to expose to good things but what children choose are their freedom and own rights. I am sure in future, there will still be anti-Bitcoiners, not all people on Earth will support and be Bitcoiners even in 2140 or later.

That's why I don't want to teach my kid's bitcoin too early. Let them be old enough to realize what they want, and then we teach them, it's never too late.
Children should not touch money too early. We can teach them about Bitcoin for educational purpose only and with educational purpose, we must choose very limited content to teach them. It is like we expose them naturally to Internet, Youtube, videos and it is good to bring them to digital and cryptocurrency area naturally.

But we should not expose them with how to use money, trade with Bitcoin in any way, it's not thing they should learn at their ages.

If we give our children chances to get exposed and familiarized with Bitcoin, it's good not bad and we will have never regret that we did not do it when we completely can.

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Sexylizzy2813
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May 22, 2023, 01:41:44 AM
 #115

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.

Teaching children about Bitcoin is not really a bad idea, since some grown ups don't have that knowledge about Bitcoin, it would be a great idea if "we" impose it on the younger ones. But if you're doing that you know it has to do with money and some children can go to any lent just to get hold of money (by stealing too) have to be careful about that.
No knowledge is a waste, since they're children you make sure you make the teaching of Bitcoin to be as a subject like they have in their academics.
You can as well help the child by doing some research, by checking out some reputable and untrustworthy sources, it will also help them to know information that are true or false.

R


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May 22, 2023, 02:22:02 AM
 #116

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.

Teaching children about Bitcoin is not really a bad idea, since some grown ups don't have that knowledge about Bitcoin, it would be a great idea if "we" impose it on the younger ones. But if you're doing that you know it has to do with money and some children can go to any lent just to get hold of money (by stealing too) have to be careful about that.
No knowledge is a waste, since they're children you make sure you make the teaching of Bitcoin to be as a subject like they have in their academics.
You can as well help the child by doing some research, by checking out some reputable and untrustworthy sources, it will also help them to know information that are true or false.

as long as the children are willing and not against it, as it is really useless if you teach them and they still don't understand it because they are not open to learning it. Why I've noticed in this generation is that they are more into finding money online or they are like wanting to earn money at an early age, ranging from the age of 15 to 17. What I've noticed in them is that they are more eager to learn, which is why this kind of age range is the best age to try to introduce it to them so that they are aware of it and possibly they can earn profit from it.
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May 22, 2023, 02:32:39 AM
 #117

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.

Teaching children about Bitcoin is not really a bad idea, since some grown ups don't have that knowledge about Bitcoin, it would be a great idea if "we" impose it on the younger ones. But if you're doing that you know it has to do with money and some children can go to any lent just to get hold of money (by stealing too) have to be careful about that.
No knowledge is a waste, since they're children you make sure you make the teaching of Bitcoin to be as a subject like they have in their academics.
You can as well help the child by doing some research, by checking out some reputable and untrustworthy sources, it will also help them to know information that are true or false.

I also support bitcoin education for children. However, as you said, bitcoin is related to money, and it is very easy to harm children if we are negligent and not really serious about imparting knowledge to children. Education about finance and bitcoin also needs to be educated at the right age, not indiscriminately taught. I find it ridiculous that many people applaud and support teaching bitcoin to 4- and 5-year-olds. I suspect those people don't have children and don't know how to raise them. How can a child who can't read and write know how to use bitcoin? Will there be any positive impact, or is it just wasting our time?

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bitzizzix
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May 22, 2023, 02:44:18 AM
 #118

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.

Teaching children about Bitcoin is not really a bad idea, since some grown ups don't have that knowledge about Bitcoin, it would be a great idea if "we" impose it on the younger ones. But if you're doing that you know it has to do with money and some children can go to any lent just to get hold of money (by stealing too) have to be careful about that.
No knowledge is a waste, since they're children you make sure you make the teaching of Bitcoin to be as a subject like they have in their academics.
You can as well help the child by doing some research, by checking out some reputable and untrustworthy sources, it will also help them to know information that are true or false.

as long as the children are willing and not against it, as it is really useless if you teach them and they still don't understand it because they are not open to learning it. Why I've noticed in this generation is that they are more into finding money online or they are like wanting to earn money at an early age, ranging from the age of 15 to 17. What I've noticed in them is that they are more eager to learn, which is why this kind of age range is the best age to try to introduce it to them so that they are aware of it and possibly they can earn profit from it.
Of course, let the child develop with what he likes and master as long as it is good or positive for his future, because the child will be more successful with his choice without us having to divert him from his desires, because if he is forced and not because of his will, he will not really do it and worry not as expected.
bitcoin is a technology that also doesn't need to be prioritized because children will definitely adapt to developments, and they just need to know what bitcoin is and what it's used for. And the child will develop on his own and will ask, when he has something he wants to ask and we have to explain it as best we can, and everything has to be balanced over time.

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May 22, 2023, 02:31:56 PM
 #119

Teaching children about Bitcoin is far from being in vain; it is an investment in their financial literacy and future. As the world increasingly embraces digital currencies, understanding Bitcoin becomes crucial for the next generation. By educating children about Bitcoin, they gain insights into the decentralized nature of cryptocurrencies, blockchain technology, and the potential it holds for financial innovation. Teaching them about the concepts of wallets, transactions, and the importance of security instills responsible financial behavior from an early age. Moreover, as Bitcoin's influence grows, knowing how to navigate this digital landscape equips children with valuable skills for the digital economy, fostering their ability to adapt and thrive in a rapidly changing world. By introducing them to Bitcoin, we empower children to become active participants in shaping the future of finance, making it a worthwhile endeavor with long-lasting benefits.

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May 22, 2023, 02:43:55 PM
 #120


Of course, let the child develop with what he likes and master as long as it is good or positive for his future, because the child will be more successful with his choice without us having to divert him from his desires, because if he is forced and not because of his will, he will not really do it and worry not as expected.
bitcoin is a technology that also doesn't need to be prioritized because children will definitely adapt to developments, and they just need to know what bitcoin is and what it's used for. And the child will develop on his own and will ask, when he has something he wants to ask and we have to explain it as best we can, and everything has to be balanced over time.
Ultimately, it comes down to the child's enjoyment which should be the main focus because even though it's a good thing, we certainly shouldn't force them to be in this kind of space if they don't like it.
Initial insight is important and now for children they can learn that while playing.
There are some methods that are currently very good and I see that there are some good approaches to children about basic knowledge about bitcoin for today.
I read this thread The World's First Kids Cartoon about Bitcoinand found it quite interesting what was given there because now there are cartoons that can be used as a tool for learning for children and of course this will also attract more interest for children because they can have fun by watching cartoons which of course they will like it but on the other hand there are things that can be conveyed also about bitcoin which of course rather than reading or giving serious understanding, things like watching cartoons like this will be more useful and quickly absorbed by children.

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