The good and bad of exposing kids to Bitcoin.

[Sim_card]

It depends on the age of the child. If the child from from seven years and above, you can teach them the basics and let them watch some cartoons about bitcoin to make it more interesting to them. My kid already know bitcoin and what it is. These children are smarter than the way we think about them.

[Shadiq]

There is no age to gain knowledge, there is nothing wrong with gaining more knowledge than age. However, there should be a limit. It is good to learn about Bitcoin at a young age, but we need to research how much to learn at what age. For children aged 5-10, basic knowledge of Bitcoin will be enough. It is better to limit them to basic knowledge of Bitcoin, I don't think there is any problem with that.

You can give children aged 11-15 an idea about investing. You can even give them strategies to succeed in investing and knowledge about risk management and financial management. Then you can help young people aged 16-21 gain a deep knowledge of Bitcoin, how to buy Bitcoin and how to manage a wallet and how to store the seed phrase safely.

After the age of 21, you may not need to teach them anything anymore, then they will be able to decide for themselves what they should and should not do. Even after the age of 16, you can teach your child the technical aspects of Bitcoin or take steps to gain in-depth knowledge of technical topics. Gaining knowledge is not bad, but there should be a limit to age-based knowledge.

[DiMarxist]

The question that I would like to ask is , is there actually any disadvantages when you teach or expose your children early to Bitcoin education. There is no time that is actually right or even too late for anyone to learn about Bitcoin, and been that these are children I feel that the right time for children to start learning about anything of value is when they are in their formative years. At this stage these children learn fast and and easily grab the concept of Bitcoin and how it works this will even make them to have more chances about adopting Bitcoin when eventually they grow up, going into the future. Some of these developed countries such as China, America and even Europe they expose their children early to technology right from when they are small, and it has a psychological impact that it have on the child.

[Yablee0]

It depends on the age of the child. If the child from from seven years and above, you can teach them the basics and let them watch some cartoons about bitcoin to make it more interesting to them. My kid already know bitcoin and what it is. These children are smarter than the way we think about them.

Exposing our kids to modern days technology especially when it about Bitcoin investment in their earlier age is not that bad, if only we can ensure keeping an eye on them or be guarding them so that they won't make any costly mistakes since they can barely do things on their own. However, nowadays children are very fast especially in learning so teaching them about Bitcoin investment can be an additional advantage and as a result boosting their knowledge and confidence, therefore stand  them out in the midst of other children not just in the neighborhood but also in school.

If my son who is almost six years now,  show any interest in what I do ( Bitcoin investment ) I will gladly put in through, even if it may cost me so much of my time.

[Bright0515]

Kids are supposed to be learning things that are within their compressive capacity, introducing Bitcoin to them might be a good idea but you can't expect them to invest in it because their mindset is not well developed for that yet. Bitcoin in my opinion is too complex to teach kids and I see it as an over performative thing to do even though a lot of people might not really see it that way though.

[Rruchi man]

Complexity of Bitcoin: most of us adults still never understand the technical aspect of Bitcoin talk more of children for instance things like mempool, wallets, Keys and so on fit make dem feel say to make money go too tough for future.

Children of these days are really smart, smarter than we were when we were their age. It should not be surprising to you that some of your children will be able to understand what bitcoin is and everything thing involved if you can explain it to them in the most basic and simplest ways available.

Why most of you think there will be a difficulty with learning is that you are seeing things the same way as if it is your time and age, a lot of things have changed.

[Big Dirams]

Complexity of Bitcoin: most of us adults still never understand the technical aspect of Bitcoin talk more of children for instance things like mempool, wallets, Keys and so on fit make dem feel say to make money go too tough for future.

Children of these days are really smart, smarter than we were when we were their age. It should not be surprising to you that some of your children will be able to understand what bitcoin is and everything thing involved if you can explain it to them in the most basic and simplest ways available.

Why most of you think there will be a difficulty with learning is that you are seeing things the same way as if it is your time and age, a lot of things have changed.

You are right the generation we are in rights now is totally different from what is usually be during those years back, I mean during those 1990s. Things have been made much easier and understanding to children this days and their IQ isn’t has that years back when child can’t think more deeper or be very creative.

We shouldn’t be surprised when our kids even grab things about bitcoin and cryptocurrency quickly  or even dive deeper than we that even thought them. When a child has the interest then he or she will be ready to give it all it need so they could even find it more interesting and exciting than us.
We usually use to see on the internet how creative child’s are and very talented too.

[Queen uloma]

No be say I dey try bring up my family matter here but I want una to chook mouth for the matter, na bad thing to teach children about Bitcoin, or una feel say eh go make dem overwise like my uncle talk, I wan hear una opinion.

Do not only teach them about bitcoin but also help them invest some amount of money in bitcoin so that they will understand what store of value is as the money will increase over time. Also let them know about other assets like gold, silver, real estate, land and let them know the scam that can happen and how to avoid them all.

parents can decide to buy little amount of Bitcoin for their children and also explain the reason why they bought it. As time goes on the value will automatically change, and the children will understand what store of value means and why people save their assets instead of keeping everything in cash. It will also teach them patience because bitcoin isn’t something that people will expect quick profit from. At same time bitcoin isn’t supposed to be only thing they should learn. Let them also know about other assets like  you said, such as silver, real estate, gold, land, or businesses.

In that way, they will understand that wealth can’t be built in one asset, but by making informed financial decisions. Another   important lesson is security. They also need to know that the Internet is full of scammers and fake investment opportunities. If they learn from an early age about common scams, such as fake giveaways, phishing links, why they should not share their private keys or their seed phrase, they will hardly fall for scams.  The goal isn’t to turn children into investors overnight. But to build financial literacy early. So when they grow they can be able to save, invest and protect their assets.

[Dreadboost]

The things you mention as bad reason to expose kids to bitcoin no really dey bad after ah done do my thinkin. Normally every investor dey face volatility issue e no get any investor wey no dey affected by volatility.

Come to talk about bitcoin complexity. You forget say children na fast learners. If you educate them consistently for a few week dey go grab am fast. E get some children wey dey learn faster than adult. E no gel say you underrate kids because of bitcoin complexity. Apart from the technical past of bitcoin which other thing dey complex, even adult still find am difficult to understand the technical aspect of bitcoin.

To teach children bitcoin at an early age no be bad thing if you schedule the thing well. Children no need spend all day watching bitcoin movies, e no suppose be force, because kids have their in born talent. A parent suppose check wetin dia pikin dey gud at, help them grow for that thing too.

[Grace333]

Who says a child needs to learn about the technical aspects of bitcoin. How relevant is the technical aspects of bitcoin to investors? For a fact not everyone needs to learn about the technical aspects of bitcoin, it's just like saying because you own some share of tesla company so you should know how the car is produced is that really a necessity before you own a share?
Let's not go around spreading some shity all about some persons act as though it's the only important information about bitcoin.
Bitcoin is a currency and knowing how it works is enough for anyone to start using it until for any financial purpose.

[JoyceBTC]

E no really bad to teach children about bitcoin but I think the best thing to do as you teach them, and u also want them to invest, e go Dey under your watch as a parent. Because if you just teach them and encourage them to invest without watching them because them be children, e go bring more harm than good. I believe say most of them never Dey old enough to make right and wise decisions, no matter how smart they are.
So the parent’s guidance is important to help them avoid scams, falling into loss, make good financial decisions and encourage them into long term investments .

[Youngrebel]

The early investment mentality is important because it instills in them the mindset they are supposed to have and prepares them for the challenges that comes with it as well but one thing that should not be done is giving them room to start investing at that age because due to the complexity of it there would be a limit to what they can comprehend.

Don't force them to grow or understand what is not on their level, as you introduce them to it in time they are going to catch up and understand it better. As long as you keep on exposing them to it they are definitely going to be on the right track.

The crypto market is wide, if they are learning about Bitcoin you must also let them know that they can get exposed to fraud if they are not careful, it would be more dangerous if they start investing by themselves because there's a high chance that they can get deceived by scammers.

[Yeesha]

No be say I dey try bring up my family matter here but I want una to chook mouth for the matter, na bad thing to teach children about Bitcoin, or una feel say eh go make dem overwise like my uncle talk, I wan hear una opinion.

Do not only teach them about bitcoin but also help them invest some amount of money in bitcoin so that they will understand what store of value is as the money will increase over time. Also let them know about other assets like gold, silver, real estate, land and let them know the scam that can happen and how to avoid them all.

I think there is time for everything. Getting informed about Bitcoin is not a bad idea, but it is important to allow children to grow up properly and become a responsible person, teaching a child how to grow is not just by introducing bitcoin to them, for them invest and live a luxurious life in future.

There is differences between a rich kid and a responsible kid. It is important for you to allow your child to develop the mentality of identifying the good from the bad. And if a child experience the sweetness of wealth from the beginning, he will never be able to accept failure. A child that is mature enough will understand the difference between short term luxury and eternity stability. A responsible child will not only understand the meaning of failure but they will also learn how to overcome it and become much better. It is not about raising a wealthy child, it is about raising a skilful, responsible, loyal, hardworking and mature child, because it is not every wealthy people that can preserve their wealth. You can introduce your child into the world of cryptocurrencies, when they are fully prepared and ready to take full responsibility for their actions.

[Nasdel4]

Well, you have made your point and I consider it valid but I have a point to share too. I don't know if this happened to many people but when I was in school, I understand better what I was thought in a previous class after I have passed it. So in essence it's good to introduce them to bitcoin so they can have an idea it exists even before they start using it. They need to understand it because out of sight is out of mind.

[SatoPrincess]

Would you teach your child stocks or bonds at that age? Why do we feel the need to make bitcoin into a religion? Aren’t we repeating the cycle our parents taught us - you have to be a doctor, lawyer, or Engineer because they believed it was the only way to success. You talk about “early investment mentality” and “responsibility” as the pros of teaching children bitcoin. I think your kids learn that from their parents subconsciously by watching how they behave with money.

[Judith87403]

Do not only teach them about bitcoin but also help them invest some amount of money in bitcoin so that they will understand what store of value is as the money will increase over time. Also let them know about other assets like gold, silver, real estate, land and let them know the scam that can happen and how to avoid them all.

Investing for them wouldn’t really give them the idea of what investing is all about, instead I’ll say you create an avenue that they can invest by themselves. Maybe give them some tasks that they can do and you pay them, and then teach them to invest with the money they’ve earned from performing those tasks. It may not be a lot of money, and the lesson isn’t about accumulating much but just to give them that sense of responsibility and to make them prioritize investing by themselves rather than depending on you or someone else to invest for them.

[PremiumcryptoHub]

I think a Nigerian child needs to be taught about Bitcoin but that is after they are adults. Actually teaching children about Bitcoin is not bad at all but their latent talent should be awakened through education, then this digital currency should be explained in detail and made interesting to invest in.

At this stage you are right that do not just teach children about Bitcoin but help them invest some amount of money in Bitcoin so that they will be able to understand what a store of value is. Also, although it seems easy to tell children about Bitcoin, they can go out and tell them which can lead to many scammers putting the parents of those children in danger as we have seen a case where a boy in Ukraine lost his crypto assets to scammers after telling his classmate about crypto currency.

[Callido]

Train your children the way you want them to grow, and what you want them to know, age doesn't matter as long as the brain is working, children get used to and better understand whatever they are taught from a young age.

There is nothing wrong with exposing children to Bitcoin, no knowledge is a waste. Blockchain and investment knowledge can actually fetch them good cash at a real age, it all started as what they knew from childhood, developed, and later became useful when they start making money of their own, it takes adults years to learn these procedures, now imagine the advantage of knowing everything right from a tender age, they will later grow to be perfectionists.

[Smartvirus]

It depends on the age of the child. If the child from from seven years and above, you can teach them the basics and let them watch some cartoons about bitcoin to make it more interesting to them. My kid already know bitcoin and what it is. These children are smarter than the way we think about them.

You are better off teaching your kids financial education than, introducing them to Bitcoin. Let’s not forget, kids would be kids and can still get convinced by adults with the smallest tricks or scams.

Better to teach them to earn every penny they are given and how to utilize them than introducing them to Bitcoin because we want them to be enthusiastic about it. It is exciting yes, but there would be a lot of mistakes on the way.

If we must teach, then we should manage their investments ourselves until they are of proper age.

[ArabBTC]

The best gift any parent can give to their kids right now is giving and teaching their kids about bitcoin, bitcoin is a great store of value that will tomorrow sharpen the destiny of the kids. One of the good advantage of teaching kids about bitcoin is that they will learn early enough the culture of savings and investment since bitcoin is better on long term investment, kids are very sensitive and they learn fast, once you start teaching them bitcoin from a tender age they will naturally fit in, you also have already secured their future because any bitcoin stored now for them will definitely appreciate in the future, all the parent need is to teach the kid to memorize gradually the seed phrase. The only thing that can be a disadvantage of early bitcoin introduction to kids is that it might make them lazy in their other life and career pursuit, if a child should know that he already have a lot of asset in bitcoin he might become reluctant to pursue his career because he might feel that why stressing his or herself when she already have a huge asset in bitcoin stored for him/her.