Economic and finances start young Age Stablecoins

[ancafe]

You are right, bitcoin is much better and it should be bitcoin without a doubt, people could have some sort of different approach to this and that's understandable, they may think that USDT is better because we grew up thinking that dollar is the best currency but the day is not the same day anymore and Bitcoin is much better and if you are young starting to save up bitcoin while growing up will be great, even parents starting to save up bitcoin for their kids on their name is even better.

Regarding the issue of dollar dominance, it does have a large level of influence among other fiat currencies, but this does not guarantee that the dollar can maintain the value of the currency we have in the long term because of the problem of depreciation. Bitcoin provides a solution as a store of value and we can take this opportunity as a good investment step for the future. In old age, everyone wants to live in peace and quiet from the pension they get. As long as they are still productive, trying to take advantage of Bitcoin investment is very appropriate because we can enjoy the results in old age. Especially if we are no longer able to work due to age problems and maybe that's when we just enjoy the investment returns from bitcoin.

_Snip_

I agree more with the statement that USDT is not much different from fiat, because from what has been seen it is quite clear that USDT is a coin whose value is not much different from fiat currency so it is only suitable for storing value. Meanwhile, Bitcoin is a coin which, with all its advantages, is more suitable for use in investment because of its greater increase in value, although every investor does not forget about the risks when owning it. So both have very different advantages and are not really worth comparing.

That's why holding USDT in the long term will be very different from holding bitcoin and everyone knows where the advantages of bitcoin lie if invested in the long term. There is no comparison between one another because each of them has different levels of advantages. The question is what can we pass on to the younger generation about the advantages of bitcoin and I prefer teaching this kind of thing when they can already be responsible for their lives. Teaching stablecoins to the younger generation is not a good idea because I personally don't think stablecoins are the future.

_Snip_

Regarding education, it should be more directed towards Bitcoin than USDT because Bitcoin has long been trusted by many people with very real benefits, whereas for USDT there is nothing that needs to be understood apart from its value which tends to remain like fiat currency. So education must be directed more towards Bitcoin than others because when the younger generation already understands how Bitcoin is, they will definitely seek their own understanding of other coins over time.

The education in question can be directed when they can understand the level of difference between the two and the idea may be able to explain how bitcoin has traveled from the beginning to the present. It is true that it is better to direct education specifically about Bitcoin rather than USDT because they can learn to compare the best assets which will then be placed in first place as the chosen investment step. If the education provided can be easily received by them then there is a possibility that they can also take a quicker approach because it is focused on the core points of what they are looking for.

_Snip_

And what's unique is that now when there is a shop or restaurant that wants to accept Bitcoin for payment, the shop or restaurant also wants to accept USDT as payment. This means that when Bitcoin starts to be accepted by many people in the world, of course USDT can also participate even though its use will not be as widespread as Bitcoin. And from what you said, I also see that when a country still doesn't accept Bitcoin in any case, USDT won't mean anything in that country either.

Although not many shops or restaurants accept bitcoin as legal tender because some countries limit bitcoin only as an investment asset. I think the connection you mean is when we try to convert bitcoin to USDT and then to the Fiat currency of each country (correct me if I'm wrong). If we talk about dollars, maybe we don't need them now because to buy and sell anything in real life we can use our own country's currency.

[dothebeats]

I like the idea of teaching young kids about finance as soon as they are able to start to comprehend it.  But I don't think teaching them about stablecoins is really the best idea.  I personally don't think stable coins are the future, so I would focus more so on teaching them about bitcoin when it comes to cryptocurrency education.  But that is just me.

Once they actually start to understand, get curious, and are capable of comprehending it then yes it is best to teach children about finance, the economy, and how the market works. It is, after all, things that they will be facing and have to deal with in the future so teaching them early (again, as long as they are actually at the age of understanding things that I have mentioned fully) is a good move. However, much like you as I think focusing on stablecoins is not a good idea as there isn't even an assurance that stablecoins will make it that big that we have to start introducing it to our kids, instead if we must or wish to share knowledge about crypto then I'd also go for Bitcoin.

[Sebas.tian]

My friend Will send goverment wich one i don't say the project to start teaching young kids in School about future of Money.like TRON USDT TRC20
Crypto is future when Youngi generation will start learn about Stablecoins.
Teach all ready your kids to keep their trx balance up If they want to pay with USDT tron Stablecoins.
Once young generaton will adopt Stablecoins knowledge we get to going and rock.
Stablecoins are here to stay and Donald trump Will approve them for the. World.

So young people need to be teached how to use USDT USDC and other Stablecoins it's our duty to teach them so faster they adopt the faster all move into Full crypto economy

Teaching young people about stblecoins to transact business in their various countries is a good idea, but it will be more easier for young people to first seek for crypto knowledge first so that they will know how favourable decentralized currency are to young people that embraced it in their society.  And anything that is under government control always have some government officials in that particular countries that will make the stblecoins more attractive to users to invest. Since many countries have seen the good side of the crypto as a something that can help a country economy to improve by adopting the crypto for their citizens to have the opportunity to acquire the knowledge.

[|MINER|]

We know the current world is moving towards cryptocurrency.  We all know investing in crypto currency is very reliable and profitable.  The sooner our new generation becomes aware of this relationship, the sooner they will master this system.  They need to know about stablecoins, USDT, USDC.  So that they can advance by gaining proper knowledge about this.  Also they should have their own interest. Because we know without their own interest they won't know much about this. We have to tell our new generation to explore the forum and gain knowledge from the posts made by the veterans.

[Liliana1304]

My friend Will send goverment wich one i don't say the project to start teaching young kids in School about future of Money.like TRON USDT TRC20
Crypto is future when Youngi generation will start learn about Stablecoins.
Teach all ready your kids to keep their trx balance up If they want to pay with USDT tron Stablecoins.
Once young generaton will adopt Stablecoins knowledge we get to going and rock.
Stablecoins are here to stay and Donald trump Will approve them for the. World.

So young people need to be teached how to use USDT USDC and other Stablecoins it's our duty to teach them so faster they adopt the faster all move into Full crypto economy

Why do I have the feeling that this forum user is an alt account of another guy, who was spamming the Economics forum with posts about stablecoins and especially the Tron blockchain. Is this an alt account of the forum user Shortmaster? Just take a look at Shortmaster's posts-all of them are a bunch of nonsense about stablecoins and praising the Tron blockchain. I don't know what's the purpose of the guy, who is behind those two forum accounts. Is he getting paid for writing a bunch of low quality posts here? I don't think so. Is he trolling? Probably yes.

That's the  same name that popped up in my head the moment I read his posts but I just didn't have enough evidence to call him out on it. Shortmaster and this guy have the same post pattern and they have a penchant for making ridiculous claims. There's another user I've seen with this kinda behavior... Gosh, I can't remember his name!
I just feel there should be a rule put in place to automatically ban such who just come and spew rubbish here, but that would be restricting their rights to a freedom of speech, yeah?.

[Crypto Library]

What else to say about bitcoin forum!  We all know bitcoin a is very reliable to invest. Everyone has  became rapidly in the world is involved with bitcoin.
 I hope our new generation will also get familiar with it very easily.  And we should inform our new generation about stablecoin,USDT,USDC also that can also useful in something in some cases. so that they can invest in it in right way.  But it should be communicated to them at the right time. 
We will not tell a minor child about this because they will not be able to bear it.  First of all we should educate children about economics.Also we can teach them to hold money in their wallets.

[benalexis12]

In my opinion, maybe somehow it will cause a little confusion among children below 12 years old. This is just my opinion. But for young people who are 13 years old and above, maybe they can be explained the basic usage of stablecoins such as USDT or USDC, which are almost the same as the dollar, that can be used for payment depending on the merchants who accept stablecoins, which are cryptocurrency. Just teach the young people little by little and don't jump right into this matter of cryptocurrency or stablecoins.

[Plaguedeath]

Economic and finance start when you start to invest in Bitcoin or your own business.

If you invest in stock, you're just make someone business become big and they're making a lot profit from you. If you invest in gold, you will make the government become rich since they control most of gold.

But, if you invest in Bitcoin, no one is manipulating the price. If you invest in your own business, it will make your business become bigger and you will earn more money.

[Litzki1990]

People already know enough about the use of stablecoins. USDT or usdc are generally considered virtual dollars. Those who are involved in cryptocurrencies have enough knowledge about USDT or USDC. USDT or usdc is used by people as an alternative to cash. There are some users who also use these stub coins as their savings. However, instead of using a stable coin, you should use a coin that allows you to save and invest together. The value of stablecoins is always immutable the value of coins will never decrease or increase. Bitcoin can be a much better alternative than stablecoins as there will be a possibility of money growth along with the transaction facility through Bitcoin.

[Peanutswar]

Why just the stablecoins if you can teach them related to finance, savings, budgeting, etc. stablecoins are just the same as the other currency coins better to let them know more about the market because this helps them enlighten what the real world with a good cashflow and savings can achieve the financial freedom. Also, crypto is better to focus with the Bitcoin first so they understand the other coin you want to introduce.

[dezoel]

Is your country still don't have any digital fiat or mobile banking? I really doubt it.

Stable coin or digital fiat are only a payment mechanism, it's not something you get a lot money when you already understand and use stable coin. Even there's a country accept every cryptocurrencies as legal tender, if you're not working you will not make any money and you're be a rubbish for your country.

I believe that even the poorest of the poorest country have their own banks, so therefore they also have a mobile/online banking. Digital fiat are also a thing in this era so they might also have it.

You have a point there about stable coin and digital fiat but once we already have a knowledge on them, things are now going to be easy for us to earn these because there are now money making apps which pays using them. Same when we learn Bitcoin and Crypto, it then unlock a lot of possibilities or opportunities. Crypto being adopted as a legal tender are again won't directly give us a free crypto but it can also unlock possibilities or opportunities which can help us earn a crypto.

[justdimin]

People already know enough about the use of stablecoins. USDT or usdc are generally considered virtual dollars. Those who are involved in cryptocurrencies have enough knowledge about USDT or USDC. USDT or usdc is used by people as an alternative to cash. There are some users who also use these stub coins as their savings. However, instead of using a stable coin, you should use a coin that allows you to save and invest together. The value of stablecoins is always immutable the value of coins will never decrease or increase. Bitcoin can be a much better alternative than stablecoins as there will be a possibility of money growth along with the transaction facility through Bitcoin.

I do not agree that they are virtual dollars, if CBDC ever gets created by the USA government, that could potentially be a good virtual dollar, but this is more like IOU type of thing, (means I owe you) and you get dollar worth of digital things, but you trust a company and not a government.

So, if that company comes in and says that they are bankrupting, or just steal your money, there is nothing that you can do about it. They just took what is real, a dollar, which actually has a response in the financial institutes, and instead gave people something they said has the same value, but there is no proof of it, you just do it until they steal it. This is why I do not trust them and would never consider them legit.

[SmartCharpa]

My friend Will send goverment wich one i don't say the project to start teaching young kids in School about future of Money.like TRON USDT TRC20
Crypto is future when Youngi generation will start learn about Stablecoins.
Teach all ready your kids to keep their trx balance up If they want to pay with USDT tron Stablecoins.
Once young generaton will adopt Stablecoins knowledge we get to going and rock.
Stablecoins are here to stay and Donald trump Will approve them for the. World.

So young people need to be teached how to use USDT USDC and other Stablecoins it's our duty to teach them so faster they adopt the faster all move into Full crypto economy

I understand what you are saying, but young people shouldn't be forced to learn about cryptocurrencies. Instead, we should teach them about them when they are ready to do so, since no one should ever be forced to do anything in life. However, this kind of idea should be taught in contexts where it is accepted by the economy; we can't just start by teaching it in settings where the government has made it unlawful. Some communities which is not accepted may believe that you are about to impart harmful values on the next generation, so we should be aware of how to get into trouble.

[DVlog]

What else to say about bitcoin forum!  We all know bitcoin a is very reliable to invest. Everyone has  became rapidly in the world is involved with bitcoin.
 I hope our new generation will also get familiar with it very easily.  And we should inform our new generation about stablecoin,USDT,USDC also that can also useful in something in some cases. so that they can invest in it in right way.  But it should be communicated to them at the right time. 
We will not tell a minor child about this because they will not be able to bear it.  First of all we should educate children about economics.Also we can teach them to hold money in their wallets.

There wasn't any stablecoin a few years ago. What happens after that? We have seen the emergence of lots of stablecoin!

The development of DeFi applications requires stable assets that can provide a stable yield for their users. Stablecoin can be beneficial for the DeFi application, but for the bitcoin-centric marketplace, it's just a mirror version of Fiat. Most of these stablecoins won't survive due to hard regulation and not enough dapps to fuel them. We should educate our generation of bitcoin, its history, technology and potential. Learning about stablecoin is not as appealing as bitcoin.

[wxa7115]

I understand what you are saying, but young people shouldn't be forced to learn about cryptocurrencies. Instead, we should teach them about them when they are ready to do so, since no one should ever be forced to do anything in life. However, this kind of idea should be taught in contexts where it is accepted by the economy; we can't just start by teaching it in settings where the government has made it unlawful. Some communities which is not accepted may believe that you are about to impart harmful values on the next generation, so we should be aware of how to get into trouble.

Right now people still have the option to learn about bitcoin at their own rhythm, but how long is it going to take before this is not optional anymore and people must learn about this market?

Look at smartphones, not long ago you still had the option to not use one and no one cared about it, however they have become so ubiquitous that now is difficult to live your life normally if you do not have one and know how to use it, and soon enough that could become the reality as well when it comes to bitcoin.

[Hispo]

I understand what you are saying, but young people shouldn't be forced to learn about cryptocurrencies. Instead, we should teach them about them when they are ready to do so, since no one should ever be forced to do anything in life. However, this kind of idea should be taught in contexts where it is accepted by the economy; we can't just start by teaching it in settings where the government has made it unlawful. Some communities which is not accepted may believe that you are about to impart harmful values on the next generation, so we should be aware of how to get into trouble.

Right now people still have the option to learn about bitcoin at their own rhythm, but how long is it going to take before this is not optional anymore and people must learn about this market?

Look at smartphones, not long ago you still had the option to not use one and no one cared about it, however they have become so ubiquitous that now is difficult to live your life normally if you do not have one and know how to use it, and soon enough that could become the reality as well when it comes to bitcoin.

Well, if you have been paying attention on where economics is moving forward, then you may realize that smartphones and Bitcoin are not quite that of a good comparison.

Smartphones are actually very useful for the status quo and governments around the world, it makes very easy for them to know where you are, who you are, what you like/dislike and even more. It has come to a point where phones know more about us than other people.

On the other hand, since Bitcoin does not serve the interest of those in power, governments and big banks around the planet are likely to try to stop the advance of Bitcoin by providing "alternatives" to the people who are yet to discover and learn about crypto. I am talking about the CBDCs, the centralized evil twin of Bitcoin.

It reminds me when I tried to explain Bitcoin to some friend on the internet and they simply said something like: "Oh, so it is like Paypal then?"

There is still a very long path ahead and centralized obstacles to overcome.

[BRINIRHA]

Stable coins have a very real rival currently, namely CBDC. The government will definitely teach and encourage its people to use CBDC more. And one day we will definitely not be able to avoid using CBDC. It's just that I personally would also prefer to use stable coins. But about teaching children and families. I will do it at the right time. That is, when they need that insight one day. When they understand the value of money and how to maintain, save and invest. No need to rush. Because hasty steps will only scare them. And I'm quite sure that one day lessons related to digital money, including crypto, will be discussed in the school curriculum. Because knowledge related to crypto can no longer be contained. So there is no choice for the government but to teach it in the school curriculum. Maybe not now but it might happen in a few years.

[dothebeats]

Stable coins have a very real rival currently, namely CBDC. The government will definitely teach and encourage its people to use CBDC more. And one day we will definitely not be able to avoid using CBDC. It's just that I personally would also prefer to use stable coins. But about teaching children and families. I will do it at the right time. That is, when they need that insight one day. When they understand the value of money and how to maintain, save and invest. No need to rush. Because hasty steps will only scare them. And I'm quite sure that one day lessons related to digital money, including crypto, will be discussed in the school curriculum. Because knowledge related to crypto can no longer be contained. So there is no choice for the government but to teach it in the school curriculum. Maybe not now but it might happen in a few years.

I agree with you regarding your point on how rushing the younger ones to learn about the economy, finances, and digital currency (in this case, mostly about stable coins) might scare them. I've been pointing out how rushing such a thing can lead to an immediate loss of interest or pressure as it may still not fit the children's cognitive and mental capacity.

As for CBDC, I also agree with you here as it is truly most likely that the government will implement a formal setup of education or teaching regarding CBDC more than stable coins or any other cryptocurrency. The reason for this, according to David Edwards in his 2023 article, is due to how CBDC is handled by the nation's central bank (their value is stabilized and controlled by them). Hence, it is only natural that if the government were to introduce an educational module, subject, or course regarding digital currency it would be the one that the central bank handles, rather than one that they do not have any control over.

Link to the article, if you wanna know more about CBDC: eahttps://coinatory.com/cryptocurrency-articles/what-is-cbdc-and-how-it-impact-society-12394/?gclid=CjwKCAjw6p-oBhAYEiwAgg2Pgt8w1WjXyCQRTcl8kZXwebSjy849eBSmPOYhX39zTvu2Suis9D9__RoC7qcQAvD_BwE

[YUriy1991]

My friend Will send goverment wich one i don't say the project to start teaching young kids in School about future of Money.like TRON USDT TRC20
Crypto is future when Youngi generation will start learn about Stablecoins.
Teach all ready your kids to keep their trx balance up If they want to pay with USDT tron Stablecoins.
Once young generaton will adopt Stablecoins knowledge we get to going and rock.
Stablecoins are here to stay and Donald trump Will approve them for the. World.

So young people need to be teached how to use USDT USDC and other Stablecoins it's our duty to teach them so faster they adopt the faster all move into Full crypto economy

That's great but, is Bitcoin so annoying that we all do things like that? If you are a conservative investor and like to take your profits, then now might be a good time. So, is Bitcoin buying, selling or holding? Look at the USD which used to be stable and is now unstable and you can convert their bitcoins into cash too.

[isaac_clarke22]

My friend Will send goverment wich one i don't say the project to start teaching young kids in School about future of Money.like TRON USDT TRC20
Crypto is future when Youngi generation will start learn about Stablecoins.
Teach all ready your kids to keep their trx balance up If they want to pay with USDT tron Stablecoins.
Once young generaton will adopt Stablecoins knowledge we get to going and rock.
Stablecoins are here to stay and Donald trump Will approve them for the. World.

So young people need to be teached how to use USDT USDC and other Stablecoins it's our duty to teach them so faster they adopt the faster all move into Full crypto economy

Well it's not just stablecoins, but everything about crypto itself. There's just many to cover first before making your kids use any forms of crypto out there. The security, the risk, the methodologies, and the technical stuffs that they need to obtain first before keeping their hard-earned money into crypto.

I don't think every parents out there are going to consider this though. It is each of their own at this case. There are parents that do not fancy tech stuff involving their money. My parents aren't really a fan of credit card and I was not able to use it til this day as I don't want to be in debt.