Bitcoin for your children & future wealth distribution

[Finestream]

Anytime that this conversation comes up , I will.always say, let kids be kids. We should think that they would miss anything by not learning about Bitcoin at a young age. There is more to their life and development than Bitcoin. Therefore I would not agree to anyone forcing Bitcoin knowledge upon them when they should be taking, music lessons, dance classes, football classes. The only Exception is if the kid show repeated interest in knowing about Bitcoin.

You have also a good point here. However, there's nothing wrong if we will start little by little educating them about bitcoin so that they will also be aware that bitcoin exists other than fiat. Once we have seen their interest and the eagerness to get to know more about bitcoin, then it will be easier for them to absorb and understand the essence of Bitcoin in our lives.

[Fiasem20]

It is good to enlighten your children about Bitcoin,we are in a digital world so enlightening your children about Bitcoin is just like explaining Bitcoin as an electronic cash and also an asset that can be invested for the long term with returns.In my country children are eager to know about Bitcoin,even the smallest child in my neighborhood know about Bitcoin.If you feel like educating your children about Bitcoin,it is actually a good move,you are their dad and you know what is best for them and what isn't.It is left for your children to select what investment they're comfortable with it mustn't be Bitcoin,in essence some might pick interest while some will love to know.

[Ever-young]

The knowledge should not be forced but it should be out of willingness. I do not care how old my child might be but if he/she is interested in learning and understanding Bitcoin I will teach the child. Just the same way I won't force the knowledge on them it is the same way anyone who has the potential and wants to learn I won't deny being the mentor.

One way or the other I still wish at least one of my children would be willing to learn about Bitcoin.

When the child is off-age, as the parent who is interested in bitcoin, you can just call them together, even if it's just a single child you have. You can give them a child-to-parent kind of talk and share your basic knowledge about bitcoin with the child.
 
How they respond and the interest the child picks up from the teaching will determine if you should go further or not. I think we are now in an era where children are more exposed and know how to make choices on things they want even before they reach the age of 18.

[Stablexcoin]

Anytime that this conversation comes up , I will.always say, let kids be kids. We should think that they would miss anything by not learning about Bitcoin at a young age. There is more to their life and development than Bitcoin. Therefore I would not agree to anyone forcing Bitcoin knowledge upon them when they should be taking, music lessons, dance classes, football classes. The only Exception is if the kid show repeated interest in knowing about Bitcoin.

The knowledge should not be forced but it should be out of willingness. I do not care how old my child might be but if he/she is interested in learning and understanding Bitcoin I will teach the child. Just the same way I won't force the knowledge on them it is the same way anyone who has the potential and wants to learn I won't deny being the mentor.

One way or the other I still wish at least one of my children would be willing to learn about Bitcoin.

It is very good when we reach people around us about Bitcoin and how to invest and not only the children. Learning is very important as we are growing and it is good people around us are also impacted gradually. By the time we starts teaching people around us how to invest in Bitcoin and have their own crypto portfolio, it is going to be a good approach when everyone is making money from the market.

 Cryptocurrency is the order of the new jet season and very soon the normal fiat currency would not be in existence again because the government would be looking for ways to save money and nut to be printing money just for distribution when their is no need for it.

There is this term I have head of before. It says invite your family and friends so that they will not miss the participation and that Bitcoin is a rare gem. Just by saying this to your friends, colleague,s and other family members that Bitcoin is a rare gem and it is worth investing in now. Will eventually cha nge their mindset and they will be inquisitive to know more about Bitcoin and how it works. Like I said it should be forced it should be out of their own will. Our job is to introduce it to them because we care about them and want them to succeed along side with us. We may regret if we let only ourselves to be successful in Bitcoin.

[GigaBit]

Anytime that this conversation comes up , I will.always say, let kids be kids. We should think that they would miss anything by not learning about Bitcoin at a young age. There is more to their life and development than Bitcoin. Therefore I would not agree to anyone forcing Bitcoin knowledge upon them when they should be taking, music lessons, dance classes, football classes. The only Exception is if the kid show repeated interest in knowing about Bitcoin.

You have also a good point here. However, there's nothing wrong if we will start little by little educating them about bitcoin so that they will also be aware that bitcoin exists other than fiat. Once we have seen their interest and the eagerness to get to know more about bitcoin, then it will be easier for them to absorb and understand the essence of Bitcoin in our lives.

Future generations will surely adopt Bitcoin today or tomorrow. But those who are able to exploit this advantage first will be ahead of the rest. I will definitely teach Bitcoin to the younger ones in the family who are old enough to learn. If they learn about Bitcoin from their families, they will be more interested in learning about it from outside as well. On the one hand, as the younger ones will be ahead in increasing their technological knowledge, they will also be comfortable in the financial aspect. Teaching them Bitcoin at a young age means building a hard foundation for it.

[uswa56]

When the child is off-age, as the parent who is interested in bitcoin, you can just call them together, even if it's just a single child you have. You can give them a child-to-parent kind of talk and share your basic knowledge about bitcoin with the child.
 
How they respond and the interest the child picks up from the teaching will determine if you should go further or not. I think we are now in an era where children are more exposed and know how to make choices on things they want even before they reach the age of 18.

Sharing knowledge about Bitcoin with children will of course be very good, but we also need to pay attention to them whether they have an interest in learning about this or not and if they really have a curiosity about this, of course we can first explain to them about it. the basics of Bitcoin until they reach adulthood, then we can explain Bitcoin in detail to them, but if they are not yet interested in this, it would be better for us not to force them to learn about Bitcoin earlier and we can continue to do things. what we should do to prepare our future better and we will be able to teach our children after they grow up.

[Iranus]

Anytime that this conversation comes up , I will.always say, let kids be kids. We should think that they would miss anything by not learning about Bitcoin at a young age. There is more to their life and development than Bitcoin. Therefore I would not agree to anyone forcing Bitcoin knowledge upon them when they should be taking, music lessons, dance classes, football classes. The only Exception is if the kid show repeated interest in knowing about Bitcoin.

You have also a good point here. However, there's nothing wrong if we will start little by little educating them about bitcoin so that they will also be aware that bitcoin exists other than fiat. Once we have seen their interest and the eagerness to get to know more about bitcoin, then it will be easier for them to absorb and understand the essence of Bitcoin in our lives.

As Davidvicterson said, let children be children, don't destroy them because of our desires and not theirs. If you want to teach them bit by bit about bitcoin, you need to at least wait until they are old enough, not when they are 10 years old and don't even know what fiat money is or what inflation is...
We need to know that there are many important things in our world, it doesn't just revolve around bitcoin. Many people still don't know about bitcoin and are still leading a rich and happy life, bitcoin is not everything.

@Davidvictorson, I don't know if you are married or not but I like your thinking and I believe you will be a good father because you understand your child's wishes. I also have a family and I know what my children want so I never liked the idea of ​​teaching bitcoin to children.

[kuriboh]

When the child is off-age, as the parent who is interested in bitcoin, you can just call them together, even if it's just a single child you have. You can give them a child-to-parent kind of talk and share your basic knowledge about bitcoin with the child.
 
How they respond and the interest the child picks up from the teaching will determine if you should go further or not. I think we are now in an era where children are more exposed and know how to make choices on things they want even before they reach the age of 18.

Sharing knowledge about Bitcoin with children will of course be very good, but we also need to pay attention to them whether they have an interest in learning about this or not and if they really have a curiosity about this, of course we can first explain to them about it. the basics of Bitcoin until they reach adulthood, then we can explain Bitcoin in detail to them, but if they are not yet interested in this, it would be better for us not to force them to learn about Bitcoin earlier and we can continue to do things. what we should do to prepare our future better and we will be able to teach our children after they grow up.

It's only natural for children to be informed about Bitcoin. However, a child will only be willing to learn about it in the first place once he grows up to understand the state of the four sites a little better, and then he will be interested in learning them. First of all, they don't know what Bitcoin is; they don't even want to know it. Naturally, they are children. They have to wait for a great power to understand and learn it. They should be aware of these as they grow and learn to look for them so that they are aware of the science and know the future well enough to understand what will happen or what will happen with Bitcoin. If we teach our children well in this matter from childhood, they will be far ahead of other children because the best way to learn these things is to introduce them to your children.

[AirtelBuzz]

How do you plan to introduce your children to Bitcoin? More importantly what is your long term plan for passing down the wealth to the next gen?

Do you plan to make them their own cold storage wallets and start depositing coins onto this instead of say finding a college savings account etc? Or have a diverse mix in many of these baskets?

I definitely want to connect my child to Bitcoin but not now when he is an adult. My son is still very young he is now in toddler stage even studying primary school I don't think he should be explained or informed about Bitcoin at this moment. But after passing Secondary, I will definitely do it. Every parent has a dream for their child, mine is to teach my child freelancing or bitcoin investing along with education to create additional income opportunities.

As people think about their children's future and save money every month for them, instead of depositing money like them, I convert it into Bitcoin and hold it so that it gives good profit. This is my child's future savings.

[kryptqnick]

I don't have children, but I hope to have them at some point. Education of children is extremely important, but it must be done in a way of using a child's natural curiosity instead of being forced out of nowhere. I do believe that teaching kids about money and some basic financial literacy is a good idea, and teaching about Bitcoin should be a part of that. I wouldn't focus on Bitcoin as an investment; I would focus on how it's a different kind of money that is relatively new but pretty successful. At different stages of life, the information should be presented in different ways and amounts, so it doesn't have to be a comprehensive guide on Bitcoin for a kid.
As for a fund, I do plan to save up a bit in BTC for kids, but once they're already born and growing up.

[Nothingtodo]

Anytime that this conversation comes up , I will.always say, let kids be kids. We should think that they would miss anything by not learning about Bitcoin at a young age. There is more to their life and development than Bitcoin. Therefore I would not agree to anyone forcing Bitcoin knowledge upon them when they should be taking, music lessons, dance classes, football classes. The only Exception is if the kid show repeated interest in knowing about Bitcoin.

Children of the future will be born in a time when they will see all the modern things in the whole world and Bitcoin will not be a surprise to them. At some point Bitcoin will become such an acceptable currency for people that they will invest in Bitcoin instead of keeping money in the bank. But because of the risky nature of Bitcoin, people are afraid to invest in Bitcoin, but if you invest for a long term, it is definitely possible to get a lot of profit along with the risk.

[eightdots]

Anytime that this conversation comes up , I will.always say, let kids be kids. We should think that they would miss anything by not learning about Bitcoin at a young age. There is more to their life and development than Bitcoin. Therefore I would not agree to anyone forcing Bitcoin knowledge upon them when they should be taking, music lessons, dance classes, football classes. The only Exception is if the kid show repeated interest in knowing about Bitcoin.

Children of the future will be born in a time when they will see all the modern things in the whole world and Bitcoin will not be a surprise to them. At some point Bitcoin will become such an acceptable currency for people that they will invest in Bitcoin instead of keeping money in the bank. But because of the risky nature of Bitcoin, people are afraid to invest in Bitcoin, but if you invest for a long term, it is definitely possible to get a lot of profit along with the risk.

If your children are curious, you should tell them about Bitcoin when they ask you about it. It is not right to dictate such issues to children before they reach a certain age. You should save and invest for your children, they don't need to do this, you do it for your children. When the time comes, you should tell your children that you are investing for them and leave the decision to your children.

The world is always changing and we try to keep up with this change. The new generation can learn many things from social media and the internet. It is best to guide children in the direction of their curiosity.

[Smack That Ace]

At different stages of life, the information should be presented in different ways and amounts, so it doesn't have to be a comprehensive guide on Bitcoin for a kid.

Like educational programs, why does the Ministry of Education divide levels in educational programs and need to be taught according to age? Same with bitcoin, is it ultimately a currency or an investment and should we teach them when investment knowledge is beyond their understanding?
If someone thinks that the earlier they teach their children about bitcoin or investing, the more successful they will be when they grow up. So why don't they teach their children to study university programs and ignore elementary and middle school programs?
Teaching bitcoin to children is not a bad thing, but it seems like people seem to be in too much of a hurry to educate their children about bitcoin. Everything needs to be trained at the right age to bring the best results, teaching them early does not mean they will be better than others.

[leonair]

I think the best profit can be made by buying and holding bitcoins rather than keeping them in the bank. Moreover, if Bitcoin is saved for children in the future and once you estimate how much that savings will increase after 2030, it will be easy to understand how much wiser it is to hold Bitcoin than to keep money in the bank. So I decided that if I was going to save any wealth for my son or daughter for the future, it would definitely be in Bitcoin.

If you make the decision you have made, you can really do a lot of good for your children. If all the countries are going through the bad situation now, if I keep money in the bank now, the profit I will get in 2030, if I can invest it in Bitcoin.  We will get several times more profit than the bank. So those who are intelligent will think of investing in Bitcoin instead of keeping money in the bank. However, if we can invest in land in addition to Bitcoin, it can be very profitable for us.

[Russlenat]

How do you plan to introduce your children to Bitcoin? More importantly what is your long term plan for passing down the wealth to the next gen?

Do you plan to make them their own cold storage wallets and start depositing coins onto this instead of say finding a college savings account etc? Or have a diverse mix in many of these baskets?

I definitely want to connect my child to Bitcoin but not now when he is an adult. My son is still very young he is now in toddler stage even studying primary school I don't think he should be explained or informed about Bitcoin at this moment. But after passing Secondary, I will definitely do it. Every parent has a dream for their child, mine is to teach my child freelancing or bitcoin investing along with education to create additional income opportunities.

As people think about their children's future and save money every month for them, instead of depositing money like them, I convert it into Bitcoin and hold it so that it gives good profit. This is my child's future savings.

Every parent here aims to connect their children into bitcoin and that's for sure. But exposing them into bitcoin at a very early age might not be a good idea. Bitcoin is quite complicated that any one who is not matured enough will never find it interesting to learn. Same with my children here as they are still in elementary and preschool year. But I have big plans for them in the future, and Bitcoin could be very significant so they can achieve their dreams and aspirations in the future.

[Sandra_hakeem]

I keep thinking about setting them up for success but I am much too early right now my kids are very young and they wouldn’t begin to even understand Bitcoin for quite a while.

is that a problem right now?? What's the point of starting them up with Bitcoin at such a tender age? Isn't it to show them a way and an easy step to understanding how the system works? If they grow up, it becomes a starter pack for them. Most of us weren't born with a golden spoon; we just had to fight our way through... You don't want your kids to face the same reality... Show 'em how!

But I am curious because I know I should be doing so much more to prepare them for what is to come, hopefully a very well positioned future and inheritance that I can give them.

If you have such an easygoing plan for your family, and you have the resources constantly running, that'd be the best decisions you'd ever make for the betterment of those young kids.
Edit: By the way, this isn't new to me ...we've got similar topics like this already discussed over and over again....

[Plan well]

Bitcoin can be thought of as a digital asset that can be passed down to future generations, much like a family heirloom or inheritance. In that sense, one could consider Bitcoin as a form of "digital children" that can be nurtured and grown over time.

[NurseHub]

Anytime that this conversation comes up , I will.always say, let kids be kids. We should think that they would miss anything by not learning about Bitcoin at a young age. There is more to their life and development than Bitcoin. Therefore I would not agree to anyone forcing Bitcoin knowledge upon them when they should be taking, music lessons, dance classes, football classes. The only Exception is if the kid show repeated interest in knowing about Bitcoin.

I will let my kids grow to ask what I really do to make money, then I will calmly explain to them, and if I notice their interest, I will start asking them to assist me in one or two things in the forum and see how smart they can be. Not all children can love to do it, but if one finds interest, I will continue to teach him or her till he can do it alone.

I'm not going to force teach anyone my kid about Bitcoin, but you believe society is alright telling our kids, maybe before them Bitcoin might even be studied in school (joke), but regardless, I will teach who is interested.

Of course they must not be Bitcoin holder, there are more to do.

[LDL]

I currently have all my funds invested in bitcoin so before the market crash my bitcoin portfolio was $3200 but now my bitcoin is dumping at $2400. Not sure if I should sell the bitcoins and convert them to my home currency or hold them for 2026/27. But I invested in bitcoin and gold at the same time but unfortunately gold is in profit while bitcoin is in loss. But I think it would be best for my child to keep money in the bank and invest in gold. Investing in Bitcoin is uncertain and may result in profit or loss. But if you invest in gold, it is guaranteed that you will get profit over time. So I have decided that if I keep anything for my child's future, I will keep it in gold.

[Bd officer]

I currently have all my funds invested in bitcoin so before the market crash my bitcoin portfolio was $3200 but now my bitcoin is dumping at $2400. Not sure if I should sell the bitcoins and convert them to my home currency or hold them for 2026/27. But I invested in bitcoin and gold at the same time but unfortunately gold is in profit while bitcoin is in loss. But I think it would be best for my child to keep money in the bank and invest in gold. Investing in Bitcoin is uncertain and may result in profit or loss. But if you invest in gold, it is guaranteed that you will get profit over time. So I have decided that if I keep anything for my child's future, I will keep it in gold.

Yes, buying gold for your child's future will be much better than buying bitcoins. But if you keep money in the bank, the value of money decreases due to inflation. According to me, it can be better to buy land along with gold. Bitcoin is risky, gold is not risky and profit is guaranteed. Even if you buy the land, the price of the land will increase a lot in the future, there is no possibility of decreasing. In my opinion as a father it would be much better for his children to buy land or gold instead of buying risky assets like bitcoins. However, you can educate your children about Bitcoin, your children will be interested in investing in Bitcoin if they can earn in the future.

I will buy both gold and land for my children. I will not teach my children about Bitcoin at a very young age, as it may harm my children's education. When my children are older and wiser, I will introduce them to Bitcoin.