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Author Topic: The effect of Bitcoin on children  (Read 640 times)
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June 05, 2023, 10:53:12 AM
 #101

The effect of Bitcoin on children can be a topic of concern and interest for parents and educators alike. On one hand, the rise of cryptocurrencies like Bitcoin can introduce children to the world of digital finance and technology, promoting an understanding of concepts such as decentralized systems and blockchain technology. This exposure might foster curiosity, innovation, and an early interest in financial literacy. On the other hand, the volatility and speculative nature of cryptocurrencies can pose risks, especially if children are not adequately educated about the potential pitfalls, scams, and market fluctuations associated with investing in cryptocurrencies. Therefore, it is crucial for parents and educators to guide children in their understanding of Bitcoin, ensuring they approach it with caution, skepticism, and a solid understanding of financial principles.

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June 05, 2023, 11:54:03 AM
 #102

You don't mention the age of the child and we shouldn't brag about educating kids about bitcoin too early, which is not necessarily a good thing. There's been a lot of pointless advice about teaching bitcoin to a 3-year-old or kids just in 3rd grade. Therefore, I hope everyone has the right view and awareness in educating their children. Because what we educate children will affect their future later, education needs to be the right knowledge and age.
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June 05, 2023, 12:17:36 PM
 #103

I'm gonna bet $100 that this didn't really happen.
It is possible that this story is fictional. If the author confirmed the said photo of the BTC-logo on the sand, drawn by children, then there would be no doubts. @Fuso.hp said that there was no mobile connection in that place, but he had a phone with him, if he could determine this. If I was in that place at that moment and wanted to tell this story, I would definitely take a photo to support what was said with evidence.

Even if this story is true, drawing the BTC-logo by children means nothing. They can switch to other games the very next day and doesn't mean that they will become bitcoin-enthusiasts when they grow up. As children, many played pilots or sea captains. How many of you have become them now?
Well even if there is a photo we couldn't know if the story is true or not, OP could easily draw the logo in the sand and take a pic for a fake proof so it is really hard to determine.
But I agree that if this is true then for those kids it's just an art or drawing and they just like the logo so much.



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June 05, 2023, 12:29:16 PM
 #104

If we as parents already know about Bitcoin then it never hurts to teach our children to get to know the digital currency, because later when they are teenagers the life they face will certainly be the same as what we face today, so they will be easier to digest if later there are their friends who discuss Bitcoin, So now all people are familiar with Bitcoin including remote areas even though some of them still don't care about it, and I am sure our children will continue the footsteps we are currently facing.

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June 05, 2023, 01:39:54 PM
 #105

If a child knows about Bitcoin from childhood, it does't mean that he will become successful and live a happy life.
Probably he doesn't fully understand what bitcoin is. In childhood knowledge is deposited in different ways. This kid could be a big investor in the future or forget about the word "bitcoin" the very next day
From my point of view, we should to teach a child about financial literacy from the beginning, and then bitcoin or something else.

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June 05, 2023, 01:50:36 PM
 #106

I'm gonna bet $100 that this didn't really happen.

OMG It was so funny for me.
I laughed out loud at this post.
I bet 1000$ we won't know the truth for sure.
But in the very first sentence he wrote "I am sharing a real story." So it'll be true until someone proves otherwise.
If the story is fictional, for what? Is there really nothing else for a person to do?
It's strictly up to you believe in it or not.


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June 05, 2023, 04:45:14 PM
 #107

If a child knows about Bitcoin from childhood, it does't mean that he will become successful and live a happy life.

yup. by then it will be a million bucks a coin and the price of gold will prob be pegged to it. the only advantage the kid will have is to never know what a chargeback is.

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June 05, 2023, 05:41:56 PM
 #108

That is a good thing to hear, because his father is proud of the business his doing being Bitcoin investment or trading, which He has to open up to his or her children about Bitcoin and Logo and I believe he has also let them know that Bitcoin is a digital assets as well, which you can recover quick with the logo in the means of other cryptocurrency market.

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June 05, 2023, 06:43:23 PM
 #109

This is a great story and I am all for children learning or showing interest in Bitcoin. Good thing that his parents told him about bitcoin. Even if it's a logo, it's a small step towards the big picture. The future generation is going to take the bitcoin to the next level, and we are the one who is going to show them the road. Never to leave out any option in life, and presenting this as an option for their future will open up a new door for gaining success.

Putting that aside, I saw that you said Bitcoin is illegal in your country! You are from the same country as I am, so I know what's the situation here. There were 3 guys put to jail just because they owned cryptocurrency. And this will happen again if the government knows our secret. So what I want to say here is that, teaching kids about Bitcoin is all good but when you are from a country like this, it's better to tell them not to share this and keep it as a secret. Because that kid told you about the secret of his father hodling Bitcoin, and he is involved with it. Imagine that being said to a people connected to the law enforcement. This also violates our privacy as they are saying this out to other people. This could lead to a threat to his life too.
 For me, I will wait till it's legal around here or my kids old enough to understand that some secrets are meant to be kept as a secret.
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June 05, 2023, 07:10:42 PM
 #110

It is art and children love art. They draw things they know and know recently but they even don't know what it means technically. Children are hungry to discover new things and if they have fun with new things, they love it.
Children loves art and whether the story is real or fictional, the core message the OP is trying to pass is that whatever you do have a way of influencing or rubbing off on those around you. This is the case with the kid in the OP's story. Now, if this is happening with the kids, I can say that his mother will also feel the bitcoin effect. For the father to get the kid interested in bitcoin, he could start by telling the kid to recreate the bitcoin logo as well as other cryptocurrency logos. This would be a great way to spark a conversation about bitcoin.
The only way that kids will love what we teach them is through their passion and interest. Since kids love art, then parents should start relating bitcoin into art, and it’s logo alone is a perfect art. Im just glad that an early age, these kids have been taught already and are aware already that bitcoin exists, especially that they are not living in a city where modernization is mostly observed. This story proves to show that the environment does not matter, as long as there are parents who could influence their kids positively.

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