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Author Topic: Kids and Bitcoin  (Read 1662 times)
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December 03, 2023, 01:15:58 PM
 #201

Hard to understand what exactly adult should teach kids about Bitcoin. How to make an investment? I think this is too early and kids should not be so money oriented from very childhood, and Bitcoin or crypto is not the only thing where to make investment. Teach about technology? I doubt that kids will understand what we are trying to teach, not will have a real interest in it. Third - they have too many their «kids problems, things to do and etc» aka their little life. I think we should not interfere with out grown-up ideas and vision into their little life much.
Anything basic I guess?
The same as the reel video that was posted in a thread here a  few weeks ago regarding the animated video sharing the basic knowledge about Bitcoin.

By explaining the kids what is cryptocurrency, the difference between cryptocurrency and the traditional currency, and such. There is a lot that can be taught to them. It's not all about how to make an investment which we all know is impossible for young kids to have enough money to start investing. This is too early for that, but when it comes to knowledge, as long as they are interested, that would be good.

How to explain to them the difference when they don't even know what money is, what money is created for and how money is created?...When we talk about money, we are talking about finance, but what do children know about that? They are being raised by us and have never worried about making money. So how can they understand how money works?

Our children need to know about bitcoin, but at the right age, we cannot teach them things they do not need yet. Don't ruin their childhood because your parents wouldn't do that to you either.

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December 03, 2023, 01:42:07 PM
 #202

Hard to understand what exactly adult should teach kids about Bitcoin. How to make an investment? I think this is too early and kids should not be so money oriented from very childhood, and Bitcoin or crypto is not the only thing where to make investment. Teach about technology? I doubt that kids will understand what we are trying to teach, not will have a real interest in it. Third - they have too many their «kids problems, things to do and etc» aka their little life. I think we should not interfere with out grown-up ideas and vision into their little life much.
Anything basic I guess?
The same as the reel video that was posted in a thread here a  few weeks ago regarding the animated video sharing the basic knowledge about Bitcoin.

By explaining the kids what is cryptocurrency, the difference between cryptocurrency and the traditional currency, and such. There is a lot that can be taught to them. It's not all about how to make an investment which we all know is impossible for young kids to have enough money to start investing. This is too early for that, but when it comes to knowledge, as long as they are interested, that would be good.

How to explain to them the difference when they don't even know what money is, what money is created for and how money is created?...When we talk about money, we are talking about finance, but what do children know about that? They are being raised by us and have never worried about making money. So how can they understand how money works?

Our children need to know about bitcoin, but at the right age, we cannot teach them things they do not need yet. Don't ruin their childhood because your parents wouldn't do that to you either.

I think that making children familiar with the means of payment is money; I don't see anything wrong with that. They will easily remember that, for sure, it is almost no different from Bitcoin if we teach the children to be familiar with it.

Now, there is no need to explain to them what Bitcoin is or whatever; the only thing that is important is that they see its usage, and they will be really familiar with it. Then let's explain little by little when we know they can understand; it's that simple.



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December 03, 2023, 02:19:14 PM
 #203

i think it's not so important to know about bitcoin for 7-10 years because it's very early stage they aren't capable to learn about bitcoin right now but i am not discouraging you,
you can buy comic or cartoon book where easily they can learn, also youtube videos are easy to understandable for kids.
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December 03, 2023, 02:47:27 PM
 #204

Hard to understand what exactly adult should teach kids about Bitcoin. How to make an investment? I think this is too early and kids should not be so money oriented from very childhood, and Bitcoin or crypto is not the only thing where to make investment. Teach about technology? I doubt that kids will understand what we are trying to teach, not will have a real interest in it. Third - they have too many their «kids problems, things to do and etc» aka their little life. I think we should not interfere with out grown-up ideas and vision into their little life much.
Anything basic I guess?
The same as the reel video that was posted in a thread here a  few weeks ago regarding the animated video sharing the basic knowledge about Bitcoin.

By explaining the kids what is cryptocurrency, the difference between cryptocurrency and the traditional currency, and such. There is a lot that can be taught to them. It's not all about how to make an investment which we all know is impossible for young kids to have enough money to start investing. This is too early for that, but when it comes to knowledge, as long as they are interested, that would be good.

How to explain to them the difference when they don't even know what money is, what money is created for and how money is created?...When we talk about money, we are talking about finance, but what do children know about that? They are being raised by us and have never worried about making money. So how can they understand how money works?

Our children need to know about bitcoin, but at the right age, we cannot teach them things they do not need yet. Don't ruin their childhood because your parents wouldn't do that to you either.
That's part of the basic knowledge. We're in the year 2023, and kids nowadays know exactly what money is. Even the kids know how and where they can use it. They might not know everything as they have a limited understanding as a kid, but kids are smart, especially the new generation. They have a deep understanding because they are exposed to the internet where all information can be found.

Teaching kids about Bitcoin does not necessarily mean making them focus only on knowing about Bitcoin until they grow up. Giving them the idea is enough, a little explanation is enough and using simple analogies that can help them understand complex concepts. But it doesn't mean you will dictate their future by giving them knowledge for future use.


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December 03, 2023, 05:39:08 PM
 #205

i think it's not so important to know about bitcoin for 7-10 years because it's very early stage they aren't capable to learn about bitcoin right now but i am not discouraging you,
you can buy comic or cartoon book where easily they can learn, also youtube videos are easy to understandable for kids.
What's the rush in teaching something to a child when even many adults find it challenging to fully understand Bitcoin? If someone wants to teach Bitcoin to a child, does it genuinely bring benefits to the family? Not necessarily, right? I believe there's an ideal age for individuals to grasp more complex concepts like economics, finance, and cryptocurrency. It's better to wait until the right time for them to learn about Bitcoin so that the results are more meaningful.

For children under 10 years old, what can be taught are wise financial habits, like incorporating trading and negotiation skills into play while having fun. That seems more realistic for the current age.
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December 03, 2023, 05:55:50 PM
 #206

How to explain to them the difference when they don't even know what money is, what money is created for and how money is created?...When we talk about money, we are talking about finance, but what do children know about that? They are being raised by us and have never worried about making money. So how can they understand how money works?

Our children need to know about bitcoin, but at the right age, we cannot teach them things they do not need yet. Don't ruin their childhood because your parents wouldn't do that to you either.
it's very reasonable, children's enthusiasm when they are small and when they are adults is different, so there is an age limit, where a child deserves to receive hard lessons, those who are still at playing age will definitely prefer to play, but those who are already Focus on learning will definitely focus on learning.  Teaching Bitcoin to children is actually not difficult, it's just that the method used is different when teaching Bitcoin to adults, apart from that the supporting props are also important.

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December 04, 2023, 05:16:39 AM
 #207

I don't know what everyone is thinking, but as a father, I think teaching bitcoin to children under 10 years old is a bad idea no matter what form we use to teach them including pictures cartoon. Forcing them to learn things they don't like and are not age-appropriate is a mistake, it's never a good thing. I think everything has its reason. Why does the Ministry of Education offer educational programs for each age group without teaching indiscriminately? I believe in science and teach my children scientifically, I don't like to teach my children spontaneously, imposing my thoughts on them.
I agree with your opinion, when a child is under 10 years old it would be better for us to give pleasure to the child first, because the habits of children under 10 years old still like to play a lot and if we force it according to what we want of course It will make them feel uncomfortable doing it so that the results will not be optimal.
There will come a time when we can teach them about Bitcoin and can inherit what we have accumulated to them so that they can use it well.

I guess people see that many early bitcoin investors became rich and they think that if their children learn about bitcoin early, their children will also be successful soon. If what they think is true, do they think that those who enter the market quite late will never have a chance to succeed? Many people have just joined bitcoin in recent years and bought bitcoin for more than 15 thousand USD, do they have no chance of success with bitcoin?

I'm not saying I'm rich, but I'm serious and started my bitcoin investment journey in 2020. But now, I have made a lot of profit from bitcoin as well as from many altcoin investments. So is it correct to say that those who invest late will not have a chance when this is a financial market and buying and selling takes place continuously?

I think, having a plan to accumulate bitcoin for our children instead of other assets is the first thing we should do instead of just focusing on teaching bitcoin when they have not yet mastered addition, subtraction, multiplication, and division.



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December 04, 2023, 06:36:09 AM
 #208

How to explain to them the difference when they don't even know what money is, what money is created for and how money is created?...When we talk about money, we are talking about finance, but what do children know about that? They are being raised by us and have never worried about making money. So how can they understand how money works?
Your opinion is logical. Indeed, as parents, we definitely want our children to be more forward in terms of finances and BTC investments. But we don't need to force our will if our children are still too young to understand the concept of BTC which is so complicated that they don't understand. Even if we want to teach children about BTC, the main thing we have to teach is the concept of money, what money is for and what its uses are, so that this will make them understand more quickly later.

Quote
Our children need to know about bitcoin, but at the right age, we cannot teach them things they do not need yet. Don't ruin their childhood because your parents wouldn't do that to you either.
Yes that's right. Don't take away their childhood by teaching them something that is complicated for them to understand. Indeed, BTC is an asset for the future, of course we definitely want our children to know BTC, so that our children's finances in the future will be better, but we have to be wise in understanding the character and age of the child. Don't force them into something they don't deserve to know.

R


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December 04, 2023, 07:28:02 AM
 #209

Your thinking is good you are trying to create interest inside your children about bitcoin. In many country already depends on bitcoin and cryptocurrency. That is legal profession many maintain their livinghood on cryptocurrency. Your mind setup is good you are crypto interested person and you know that the future of crypto. If you are property able to teach and gain interest in bitcoin and crypto than in future your kids will have good future.
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December 04, 2023, 09:55:49 AM
 #210

Hard to understand what exactly adult should teach kids about Bitcoin. How to make an investment? I think this is too early and kids should not be so money oriented from very childhood, and Bitcoin or crypto is not the only thing where to make investment. Teach about technology? I doubt that kids will understand what we are trying to teach, not will have a real interest in it. Third - they have too many their «kids problems, things to do and etc» aka their little life. I think we should not interfere with out grown-up ideas and vision into their little life much.
Anything basic I guess?
The same as the reel video that was posted in a thread here a  few weeks ago regarding the animated video sharing the basic knowledge about Bitcoin.

By explaining the kids what is cryptocurrency, the difference between cryptocurrency and the traditional currency, and such. There is a lot that can be taught to them. It's not all about how to make an investment which we all know is impossible for young kids to have enough money to start investing. This is too early for that, but when it comes to knowledge, as long as they are interested, that would be good.

How to explain to them the difference when they don't even know what money is, what money is created for and how money is created?...When we talk about money, we are talking about finance, but what do children know about that? They are being raised by us and have never worried about making money. So how can they understand how money works?

Our children need to know about bitcoin, but at the right age, we cannot teach them things they do not need yet. Don't ruin their childhood because your parents wouldn't do that to you either.

These are very good points that you have mentioned. Right age + showing and example is what kids need. If we just talk about bitcoin, basics, money, then it will be like air talking to them. Information comes into one ear and goes out from other. They wont keep that knowledge. Kids know little about money. They only know that we use money to buy things, we go to work to earn money, we use cash or cards. They dont know all the little things, how banking system works and etc. And if we come and talk to them about bitcoin (when they cant see how we pay with it for something IRL), they wont understand it.

R


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December 04, 2023, 12:33:34 PM
 #211

My next Bitcoin awareness approach now are the children, there are many kids in my family and very soon our get-together tradition is approaching, I need your help in this forum if this is possible.

I remember when I was little, I love reading books that have good pictures on them, like comics and novels painted with amazing pictures, from Peter Pan to DareDevil and Supergirl, while growing up as an adult I ended giving out these comics to my cousins.

My question is where can I buy Bitcoin comic books that can catch the attention of children between the age of 7 to 11? I want something in comic or story book style and with full story about Bitcoin or related... I want to buy and wrap them up for the surprises.

Have always love the idea educating young ones about bitcoin, and teaching kids about modern technology, I think looking for a comic book that talks about bitcoin will be very rare to find, I love your idea most people wish they had the knowledge about bitcoin earlier and you trying to teach your kids about bitcoin sounds nice but will your children love the book, children nowadays love cartoons like Ben 10, seeing their friends with other cartoons will they love the book without cartoon.
I will prefer the anime videos it sounds better, like watching an anime video that educates little children about bitcoin it'll be fun to watch
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December 04, 2023, 12:39:13 PM
 #212

Start them young I suppose, go for it but don't rub it on their faces.

The thing about kids is that they think they know what they want, and if you force your ideals upon them, they'd only come to hate it, and you in the process. So in that regard, make sure that when you're proposing the idea of teaching your kid relatives about bitcoin, you make it entertaining, engaging, and something that they'd be able to remember for the years to come, good example is making this a weekly activity that is fun and enjoying so they'd keep looking for it. Oh, and of course, ask for consent from the parents before you start teaching their children bout bitcoin. It's nothing too bad in particular but asking for their permissions just makes sure that they know what their kids are being taught and stuff. Probably a great way to introduce crypto to your whole family as well!

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December 04, 2023, 12:47:58 PM
 #213

Hard to understand what exactly adult should teach kids about Bitcoin. How to make an investment? I think this is too early and kids should not be so money oriented from very childhood, and Bitcoin or crypto is not the only thing where to make investment. Teach about technology? I doubt that kids will understand what we are trying to teach, not will have a real interest in it. Third - they have too many their «kids problems, things to do and etc» aka their little life. I think we should not interfere with out grown-up ideas and vision into their little life much.
Anything basic I guess?
The same as the reel video that was posted in a thread here a  few weeks ago regarding the animated video sharing the basic knowledge about Bitcoin.

By explaining the kids what is cryptocurrency, the difference between cryptocurrency and the traditional currency, and such. There is a lot that can be taught to them. It's not all about how to make an investment which we all know is impossible for young kids to have enough money to start investing. This is too early for that, but when it comes to knowledge, as long as they are interested, that would be good.

How to explain to them the difference when they don't even know what money is, what money is created for and how money is created?...When we talk about money, we are talking about finance, but what do children know about that? They are being raised by us and have never worried about making money. So how can they understand how money works?

Our children need to know about bitcoin, but at the right age, we cannot teach them things they do not need yet. Don't ruin their childhood because your parents wouldn't do that to you either.

These are very good points that you have mentioned. Right age + showing and example is what kids need. If we just talk about bitcoin, basics, money, then it will be like air talking to them. Information comes into one ear and goes out from other. They wont keep that knowledge. Kids know little about money. They only know that we use money to buy things, we go to work to earn money, we use cash or cards. They dont know all the little things, how banking system works and etc. And if we come and talk to them about bitcoin (when they cant see how we pay with it for something IRL), they wont understand it.
Yes, teaching youngsters about Bitcoin requires more than abstract ideas. Children's financial knowledge is basic. They view money as a transaction tool, not a financial system. Bitcoin education struggles here. We're entering a digital revolution when we introduce Bitcoin.

The problem is our methodology, not Bitcoin's complexity. Why not show Bitcoin's real-world uses instead of technical jargon? Display how its utilized for online shopping and investments. They can relate cash and cards to digital currency with such concrete instances.

Also, dont underestimate their learning ability. Decentralization and blockchain technology may be understood by kids with the correct tools and examples. Making the strange familiar and connecting curiosity with practical demonstrations.

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December 04, 2023, 03:46:03 PM
 #214

How to explain to them the difference when they don't even know what money is, what money is created for and how money is created?...When we talk about money, we are talking about finance, but what do children know about that? They are being raised by us and have never worried about making money. So how can they understand how money works?

Our children need to know about bitcoin, but at the right age, we cannot teach them things they do not need yet. Don't ruin their childhood because your parents wouldn't do that to you either.
Children can be taught some basic knowledge about money, but they definitely don't need to know what and how it works. The best thing we can do is to try now to create some kind of savings for them and when they reach either adulthood or are old enough to independently manage their finances, pass on knowledge to them and teach them how to use finances wisely. Children are also different, but there won’t be many of those who will be interested in money from childhood.

R


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December 04, 2023, 04:02:53 PM
 #215

How to explain to them the difference when they don't even know what money is, what money is created for and how money is created?...When we talk about money, we are talking about finance, but what do children know about that? They are being raised by us and have never worried about making money. So how can they understand how money works?

Our children need to know about bitcoin, but at the right age, we cannot teach them things they do not need yet. Don't ruin their childhood because your parents wouldn't do that to you either.
Children can be taught some basic knowledge about money, but they definitely don't need to know what and how it works. The best thing we can do is to try now to create some kind of savings for them and when they reach either adulthood or are old enough to independently manage their finances, pass on knowledge to them and teach them how to use finances wisely. Children are also different, but there won’t be many of those who will be interested in money from childhood.

Why would you deprive a child of education if they perhaps could benefit from it? There’s nothing wrong with teaching children about financial matters even at very young ages, as you’re setting a foundation for them to grow on and the earlier you start, the stronger that foundation is going to be, the better off they’ll be for it.

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December 04, 2023, 04:24:23 PM
 #216

How to explain to them the difference when they don't even know what money is, what money is created for and how money is created?...When we talk about money, we are talking about finance, but what do children know about that? They are being raised by us and have never worried about making money. So how can they understand how money works?

Our children need to know about bitcoin, but at the right age, we cannot teach them things they do not need yet. Don't ruin their childhood because your parents wouldn't do that to you either.
Children can be taught some basic knowledge about money, but they definitely don't need to know what and how it works. The best thing we can do is to try now to create some kind of savings for them and when they reach either adulthood or are old enough to independently manage their finances, pass on knowledge to them and teach them how to use finances wisely. Children are also different, but there won’t be many of those who will be interested in money from childhood.

Why would you deprive a child of education if they perhaps could benefit from it? There’s nothing wrong with teaching children about financial matters even at very young ages, as you’re setting a foundation for them to grow on and the earlier you start, the stronger that foundation is going to be, the better off they’ll be for it.

Children must already know money and its functions. So in my opinion, teaching financial education to children should be done as early as possible, so that children get used to being thrifty and disciplined in finances and also respecting them, so they get used to it when they grow up.
And the easiest way to educate children is by saving from the money we give them naturally, and this must become a habit, whatever the amount saved, and with the aim of realizing what they want.
Children really like to play and we have to be able to look for games that can educate, for example monopoly games. I think monopoly is a good game to hone children's intelligence, especially in terms of financial intelligence and also about investment.

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December 04, 2023, 04:33:28 PM
 #217

My question is where can I buy Bitcoin comic books that can catch the attention of children between the age of 7 to 11? I want something in comic or story book style and with full story about Bitcoin or related... I want to buy and wrap them up for the surprises.
I think a bitcoin comic will be good  for kids to familiarise them with the name bitcoin but I don't think their is any need for kids of 7 for this , u think this will be okay for kids of 11 upward. After getting a bitcoin comic for kids , it is left for them to later learn about bitcoin or not. The essence for trying to make kids get familiar with bitcoin is to help them get involve in it early, so that it would not look like some people who keep feeling bad for not knowing bitcoin or accepting bitcoin very early.
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December 04, 2023, 04:40:26 PM
 #218

This is actually a very good idea. I saw a man holding a school book in his hands, and it seems his kids are learning about Bitcoin in school. I recommend this because kids are our future. If we are aware that Bitcoin is the future, why not teach it in schools? Actually, nobody taught me in school how to make money (maybe because it's financial advice  Grin), but this is something I missed in the school system.
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December 04, 2023, 06:11:24 PM
 #219

We can't push the knowledge or interest of bitcoin at such an age just because we want them to know it, but of course they are in their stage wherein they tend to explore and be curious, so it may be a good time to introduce or influence them in bitcoin, but we can't push them to take an interest in that; they have their own free will, so even if we introduce and influence them, don't expect that they will be interested immediately or adopt bitcoin
I'm also the kind of person who thinks that children should be given freedom to learn what they want to learn instead of forcing specific stuff on them and trying to engage them with things that they don't like themselves or have any interest in because a person might memorize something by force but they will never be able to learn it from heart because they are not interested in the first place, and if it's about children, they have a lot of other things to focus on at such an early age instead of getting involved with financial stuff like Bitcoin.

So, one should let children choose what they like and then they should teach them or let them learn about that thing. If they show interest in Bitcoin or things related to it because they've heard about it or seen it somewhere, that's when you can tell them the basics of it so that they have a general idea but don't get them too deep into it as they will get lost easily.

cafter
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December 04, 2023, 06:20:45 PM
 #220

If you are telling that you will buy bitcoin comic book and give to children then it's not very good idea.
Because they are little kids they will become greedy for money, and they may try to earn bitcoin which will distract them from studying.
if you want to do this to give them financial knowledge then try other ideas like giving low pocket money so they will spend it wisely and spend where it is important.
they are so young like from age 7 to 11, in this age I didn't even learned to read english properly (atleast in my case) you want to introduce them with highly risky asset it's not a wise decision in my view.
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