The good and bad of exposing kids to Bitcoin.

[Brizi5000]

A child that have not gotten to the age of 18 should not be taught about bitcoin as this is the normal age a child will get before he or she will start looking into some certain things and not even all. It's just like as it is in gamble that under 18 should not gamble because they know a child within the age of 15-17 can be so naive and they can easily make mistake.
I know bitcoin investment is far from gambling but even at that we are supposed to apply that rules of under 18, because there are some certain things that kids are not meant to know not until they grow up.

Is there a law that states and prohibits children under the age of 18 not to use bitcoin, I don’t think there’s such law and at such children should be allowed to learn about bitcoin even if they’re not making money from it yet but they should be given the opportunity to learn and develop their knowledge and mindset towards bitcoin to enable them approach it in the best possible strategy when they eventually start . Bitcoin is volatile and it doesn’t wait for anybody so if there are kids who are interested to learn about bitcoin then they can learn without restrictions due to age, what matters most is that they are learning and being taught in the right way so they won’t use it wrongly or abuse it.

[Pablo-wood]

A child that have not gotten to the age of 18 should not be taught about bitcoin as this is the normal age a child will get before he or she will start looking into some certain things and not even all. It's just like as it is in gamble that under 18 should not gamble because they know a child within the age of 15-17 can be so naive and they can easily make mistake.
I know bitcoin investment is far from gambling but even at that we are supposed to apply that rules of under 18, because there are some certain things that kids are not meant to know not until they grow up.

Is there a law that states and prohibits children under the age of 18 not to use bitcoin, I don’t think there’s such law and at such children should be allowed to learn about bitcoin even if they’re not making money from it yet but they should be given the opportunity to learn and develop their knowledge and mindset towards bitcoin to enable them approach it in the best possible strategy when they eventually start . Bitcoin is volatile and it doesn’t wait for anybody so if there are kids who are interested to learn about bitcoin then they can learn without restrictions due to age, what matters most is that they are learning and being taught in the right way so they won’t use it wrongly or abuse it.

We live a age where information flies. If we fail to teach our kids early in life about Bitcoin and other crypto currencies alongside how the work and the right choices to make, they will get the information outside or from a random platform and there is no guarantee to how legit the sources of their information will be. We don't have to wait for our kids to declare interest before teaching them. Once we see their inquisitiveness has risen its best to educate them then and all them make their decisions on how the handle the information.

[Soldroplet]

We all now live in a world where technology is changing almost everything, including how people save, invest, earn, and transfer money. Today,  Bitcoin has become a major topic in financial discussions, and many young people are becoming curious about it. The truth is that introducing children to Bitcoin has both merit and development merit side. The good side is that Children who learn about Bitcoin can develop an early understanding of money, digital payments, savings, investments, and financial responsibility. While the bad side is that When children constantly see stories of people making huge profits, they may begin to believe that financial success comes without hard work, patience, or risk.
This mindset can encourage greed, impatience, and unrealistic expectations. As parents and members of society, we must remember that children need guidance, not pressure; education.

I like your words. I think it is better to give children the right idea according to their age rather than keeping them away from Bitcoin. However, at the beginning, instead of telling them stories of profits, they should be explained the value of money, savings and risks.

For example, if a child learns to save some money from their pocket money every week, then he will gradually understand that earning money is difficult, and it is also very important to hold it properly. Then he can be gradually explained that just as there can be profit if the price of Bitcoin increases, there can also be loss if the price decreases. Many times, children want to follow the same path after seeing adults making quick profits, so it is necessary to present real examples of losses in front of them instead of just telling them success stories.

In my opinion, children should first be taught to be patient, to spend according to their needs and to understand the consequences of their decisions. Because if they can learn the right use of money from a young age, then in the future they will be able to make decisions based on understanding instead of emotions when it comes to Bitcoin or any other investment.

[Grace333]

Is there a law that states and prohibits children under the age of 18 not to use bitcoin, I don’t think there’s such law and at such children should be allowed to learn about bitcoin even if they’re not making money from it yet but they should be given the opportunity to learn and develop their knowledge and mindset towards bitcoin to enable them approach it in the best possible strategy when they eventually start . Bitcoin is volatile and it doesn’t wait for anybody so if there are kids who are interested to learn about bitcoin then they can learn without restrictions due to age, what matters most is that they are learning and being taught in the right way so they won’t use it wrongly or abuse it.

There is no law that restricts children under the age of 18 to use Bitcoin but what people actually mean when they say it is not for kids is that there is a lot that might be difficult for them to understand at such a young age, they might be exposed to scammers and other people that may try to take advantage of them. Talking about Bitcoin investment we all know that emotional control and psychological discipline or maturity is important, you cannot entrust kids to make correct financial decisions when a lot adults are making mistakes.

[Son Of Blockchain (SOB)]

There is no law that restricts children under the age of 18 to use Bitcoin but what people actually mean when they say it is not for kids is that there is a lot that might be difficult for them to understand at such a young age, they might be exposed to scammers and other people that may try to take advantage of them. Talking about Bitcoin investment we all know that emotional control and psychological discipline or maturity is important, you cannot entrust kids to make correct financial decisions when a lot adults are making mistakes.

You're saying the truth, kids can be enlightened about Bitcoin but trusting them with carrying out transactions with it is a big risk. I'll teach my kids about Bitcoin but they'll only be allowed to have access to a wallet I created for them when they're of age and wise enough to keep their seeds safe.
 So, informing them about it before they're of age is not a bad idea since they'll fully understand it before they're ready to adopt it for different usecase but using it before then is a big risk.

[Johnlomape]

Is there a law that states and prohibits children under the age of 18 not to use bitcoin, I don’t think there’s such law and at such children should be allowed to learn about bitcoin even if they’re not making money from it yet but they should be given the opportunity to learn and develop their knowledge and mindset towards bitcoin to enable them approach it in the best possible strategy when they eventually start . Bitcoin is volatile and it doesn’t wait for anybody so if there are kids who are interested to learn about bitcoin then they can learn without restrictions due to age, what matters most is that they are learning and being taught in the right way so they won’t use it wrongly or abuse it.

There is no law that restricts children under the age of 18 to use Bitcoin but what people actually mean when they say it is not for kids is that there is a lot that might be difficult for them to understand at such a young age, they might be exposed to scammers and other people that may try to take advantage of them. Talking about Bitcoin investment we all know that emotional control and psychological discipline or maturity is important, you cannot entrust kids to make correct financial decisions when a lot adults are making mistakes.

Children are meant to learn about what their parents want them to learn and have understanding about and there in no need of trying to make it look the other way. There are rich families that have created a separate accounts for all their children and even month they continue to send money to their children bank account so they can build person wealth for them.
You can teach your children about Bitcoin and while they are learning, you can be buying Bitcoin and be keeping for them in a separate wallet you must have created for them.

[Queen Julie]

There is no law that restricts children under the age of 18 to use Bitcoin but what people actually mean when they say it is not for kids is that there is a lot that might be difficult for them to understand at such a young age, they might be exposed to scammers and other people that may try to take advantage of them. Talking about Bitcoin investment we all know that emotional control and psychological discipline or maturity is important, you cannot entrust kids to make correct financial decisions when a lot adults are making mistakes.

You're saying the truth, kids can be enlightened about Bitcoin but trusting them with carrying out transactions with it is a big risk. I'll teach my kids about Bitcoin but they'll only be allowed to have access to a wallet I created for them when they're of age and wise enough to keep their seeds safe.
 So, informing them about it before they're of age is not a bad idea since they'll fully understand it before they're ready to adopt it for different usecase but using it before then is a big risk.

Kids can also carry out transactions if they are taught. That depends on what they were told and the wallet they were shown to handle. Kids are fast learners; if they can learn every other thing about Bitcoin, why not the wallet aspect and how to do transactions.

A good reason for not teaching them how to make transactions from their wallet is if I suspect they lack good financial judgment. Any child with bad financial choices will not value the bitcoins in the wallet.

[Odusko]

As the world keep changing we have to prepare our kids ahead in order to stay ahead cryptocurrency is becoming a noticeable financial assets that is going to become mainstream in the near future, so if we can be able to cash our kids young by teaching them all that they need to know as far as cryptocurrency is concerned and prepare them for the future financial stability that can keep the secured, safe and privacy conscious is what every parent will want to teach they kids most especially those that are privilege to have experience parents who are  stake holders in cryptocurrency.

[rachael9385]

Nowadays kids are very smart, even too smart for their age so if this Bitcoin enthusiastic thinks otherwise then that is for him, and the funniest part is that whatever a child should know and it's kept hidden from that child, the child will definitely come across it some day out there and he will be taught what that particular thing is all about.

I get your point about kids being smart and all of that but bitcoin isn't something that they cannot just understand by coming across it, they can hear the word from others doesn't mean that it's something they can get a hang of easily because in order for anyone less than the age of 18 to learn bitcoin they must be properly schooled on it.

A child that have not gotten to the age of 18 should not be taught about bitcoin as this is the normal age a child will get before he or she will start looking into some certain things and not even all.

You have a point but I don't totally agree, the problem with the average Nigerian is that they assume kids are too young to know about certain things not knowing that they are limiting them, in other countries kids are doing things in tech that are considered not to be something to be done at their level but early exposure to it made them learn easier.

It's just like as it is in gamble that under 18 should not gamble because they know a child within the age of 15-17 can be so naive and they can easily make mistake.
I know bitcoin investment is far from gambling but even at that we are supposed to apply that rules of under 18, because there are some certain things that kids are not meant to know not until they grow up.

In this aspect you are right, while introducing bitcoin to kids and teaching them about the basics of it is the right step to take it is also not a good idea to entrust them to the investment side of it at that age. Learning about it early would give them an advantage but they would make the wrong decisions when it comes to the financial aspect of it.

[Decimetre]

As the world keep changing we have to prepare our kids ahead in order to stay ahead cryptocurrency is becoming a noticeable financial assets that is going to become mainstream in the near future, so if we can be able to cash our kids young by teaching them all that they need to know as far as cryptocurrency is concerned and prepare them for the future financial stability that can keep the secured, safe and privacy conscious is what every parent will want to teach they kids most especially those that are privilege to have experience parents who are  stake holders in cryptocurrency.

The idea of introducing children to bitcoin is Very important in the aspect of giving the kids a good Sense of responsibility since they have the duty of protecting their seed phrase for the safety of their coins. A child that is able to protect his bitcoin over a long time will be a very responsible adult and it will also make him money minded and he will develop into a good investor.

A kid that starts his investment journey from childhood will be very brave in cryptocurrencies and he will have a good attitude to volatility because he will learn patience when he has not understood much need for money. When he grows, he will be able to compare the presents with the past and be confident that no matter the level of bear market or correction, that bitcoin will still rise again and that will be his confidence.

[IceLincoln]

A child that have not gotten to the age of 18 should not be taught about bitcoin as this is the normal age a child will get before he or she will start looking into some certain things and not even all. It's just like as it is in gamble that under 18 should not gamble because they know a child within the age of 15-17 can be so naive and they can easily make mistake.
I know bitcoin investment is far from gambling but even at that we are supposed to apply that rules of under 18, because there are some certain things that kids are not meant to know not until they grow up.

Is there a law that states and prohibits children under the age of 18 not to use bitcoin, I don’t think there’s such law and at such children should be allowed to learn about bitcoin even if they’re not making money from it yet but they should be given the opportunity to learn and develop their knowledge and mindset towards bitcoin to enable them approach it in the best possible strategy when they eventually start . Bitcoin is volatile and it doesn’t wait for anybody so if there are kids who are interested to learn about bitcoin then they can learn without restrictions due to age, what matters most is that they are learning and being taught in the right way so they won’t use it wrongly or abuse it.

There’s no age restriction on bitcoin, bodies like exchanges and wallets may have some restrictions on age. Children should aim to be wiser than their age, it’s not a bad thing. Most of our attitudes and characters as adults were formed during our childhood.
The world is advancing, Children should be brought up accordingly, I don’t think I would want to restrict my child from learning something that will help them in future.

[cocadalcan]

A child that have not gotten to the age of 18 should not be taught about bitcoin as this is the normal age a child will get before he or she will start looking into some certain things and not even all. It's just like as it is in gamble that under 18 should not gamble because they know a child within the age of 15-17 can be so naive and they can easily make mistake.
I know bitcoin investment is far from gambling but even at that we are supposed to apply that rules of under 18, because there are some certain things that kids are not meant to know not until they grow up.

Is there a law that states and prohibits children under the age of 18 not to use bitcoin, I don’t think there’s such law and at such children should be allowed to learn about bitcoin even if they’re not making money from it yet but they should be given the opportunity to learn and develop their knowledge and mindset towards bitcoin to enable them approach it in the best possible strategy when they eventually start . Bitcoin is volatile and it doesn’t wait for anybody so if there are kids who are interested to learn about bitcoin then they can learn without restrictions due to age, what matters most is that they are learning and being taught in the right way so they won’t use it wrongly or abuse it.

There’s no age restriction on bitcoin, bodies like exchanges and wallets may have some restrictions on age. Children should aim to be wiser than their age, it’s not a bad thing. Most of our attitudes and characters as adults were formed during our childhood.
The world is advancing, Children should be brought up accordingly, I don’t think I would want to restrict my child from learning something that will help them in future.

There should be no age limit for learning Bitcoin if they are children. The children of the current generation will lead the world in the future. If these children can learn about what Bitcoin is and how it works from a young age, they will understand its importance better when they grow up. From a young age, they will learn to differentiate between fiat and Bitcoin and will learn what are the limitations of these two financial systems.

When these children grow up and earn money, it will be more convenient for them to invest in Bitcoin from the beginning because they were initially knowledgeable about Bitcoin as children and their knowledge has increased with age.

[Obari]

All the points wey you raise na very valid points, before I been Dey ignore this very thread but as I take time read through am, I no get any choice but to like the post and also contribute to the post and I just wan commend the effort wey you put inside this work.

Secondly, I no know why I Dey always believe say, there's no manual to raising a child because pikin wey go spoil, go spoil and nothing anybody go really do about am
But in all, parents just wan make sure say their children Dey introduce cold conduct always and like the major reason wey go make parents expose children to these earlier

[Rockson1]

All the points wey you raise na very valid points, before I been Dey ignore this very thread but as I take time read through am, I no get any choice but to like the post and also contribute to the post and I just wan commend the effort wey you put inside this work.

Secondly, I no know why I Dey always believe say, there's no manual to raising a child because pikin wey go spoil, go spoil and nothing anybody go really do about am
But in all, parents just wan make sure say their children Dey introduce cold conduct always and like the major reason wey go make parents expose children to these earlier

Bro make I talk on wetin you yan here, this saying don tey, but hope say you know say pikin wey parents straighten up em head fit no spoil because of wetin him the continually here from em parents, I know say parents the train pikin, pikin go later train himself the way em want but baba most of us still the remember how our parents use dey strick on some things that got to do with us those days, I no see anything wey dey wrong in exposing children or will I say kids to Bitcoin, unless the pikin no dey interested for the mater, if your children dey interested as you the teach them, no wam go ahead, that na my opinion.

[Derekfunds]

There’s no age restriction on bitcoin, bodies like exchanges and wallets may have some restrictions on age. Children should aim to be wiser than their age, it’s not a bad thing. Most of our attitudes and characters as adults were formed during our childhood.
The world is advancing, Children should be brought up accordingly, I don’t think I would want to restrict my child from learning something that will help them in future.

You are right but I think the only site that restrict under age or a child are exchanges not wallet because it is only exchange to ask for KYC and some other data and I am sure they may not verify anyone who's under age but in wallets, you don't have to worry about that because no one will ask for your KYC that is one of the reason I so much like wallet and this will make someone have access to their asset anytime they want. It is true that most of the attitudes we see  in an adult is a function of what we were in our teenage but I believe there are reasons they don't allow under age to go into some kind of things.

[Halifat]

There’s no age restriction on bitcoin, bodies like exchanges and wallets may have some restrictions on age. Children should aim to be wiser than their age, it’s not a bad thing. Most of our attitudes and characters as adults were formed during our childhood.
The world is advancing, Children should be brought up accordingly, I don’t think I would want to restrict my child from learning something that will help them in future.

You are right but I think the only site that restrict under age or a child are exchanges not wallet because it is only exchange to ask for KYC and some other data and I am sure they may not verify anyone who's under age but in wallets, you don't have to worry about that because no one will ask for your KYC that is one of the reason I so much like wallet and this will make someone have access to their asset anytime they want. It is true that most of the attitudes we see  in an adult is a function of what we were in our teenage but I believe there are reasons they don't allow under age to go into some kind of things.

In my own opinion I will not say it is good but I will say it is bad, the era that we are in now our younger ones or children have more knowledge than us when it comes the internet, and that is why I don't encourage anyone to expose his child to internet, there are a lot of things going in the internet, which teenager is not expected to be exposed to does things, because once they are involved they always grow fast in knowing more than we the adults. So many people's opinion will be different from mine but that is what I have to do. Getting involved in cryptocurrency is never too late, gradually is equally the best.

[Yeesha]

A father who knows about Bitcoin and it's investing in Bitcoin wouldn't do him self any good if he never passed any knowledge about Bitcoin to his children, most children of these generation dey very smart and they learn and understand things very fast but there are age needed for them to start knowing about Bitcoin so that anytime they find it right to start investing in Bitcoin nothing will be new for them.
There is not bad side about Bitcoin investment if you understand it, just invest for a long time, know that Bitcoin is volatile and never invest with money you will be needing soon.

But waiting for the best time is important. Who on earth wouldn't want to see his children successful. Of course that's what every parent wish for. But there are a lot of things that a child needs to know first before showing them the direction of which they will make money. Firstly you have to raise a responsible child, by teaching them patience, discipline, responsibilities, creation of value, management of resources, good decision making (critical thinking), financial literacy and most importantly understanding of worth/value of hard work.  I can't deny the fact that children of this are smart, but tell me where that smartness land them into. If you don't teach a child life and how to overcome every difficulty, they will never know how to handle money. Let's take what is happening these days for example, young children are earning money through Internet either by stealing and selling of other people's facebook account, just to earn money and lavish it. How responsible is a child if he cannot support his parents financially when he is financially stable? And again, how responsible is a child if he cannot think of his future talkless of investing in it? Nothing last forever and that's why it is actually very important for someone to secure a better future through today's stability, spending lavishly is not always the best way to enjoy life.

[Nwada001]

Secondly, I no know why I Dey always believe say, there's no manual to raising a child because pikin wey go spoil, go spoil and nothing anybody go really do about am
But in all, parents just wan make sure say their children Dey introduce cold conduct always and like the major reason wey go make parents expose children to these earlier

My broda nah who never be father or raise children even if no be their own at least watch the pikin grow go say pikin no they retrain in self or believe say nah upbringing they affect pikin, you go calm down raise pikin when the child grow up eh go change like say eh they different from other children way you raise.

[Bigjoe33]

Secondly, I no know why I Dey always believe say, there's no manual to raising a child because pikin wey go spoil, go spoil and nothing anybody go really do about am
But in all, parents just wan make sure say their children Dey introduce cold conduct always and like the major reason wey go make parents expose children to these earlier

My broda nah who never be father or raise children even if no be their own at least watch the pikin grow go say pikin no they retrain in self or believe say nah upbringing they affect pikin, you go calm down raise pikin when the child grow up eh go change like say eh they different from other children way you raise.

There will always be a difference in children that was raised properly compared to children that was allowed to do to there own will. So many things affects the child.
Upbringing, parenting influence
Environment
Friends

Remember that the parents, upbringing is the first place where the children learns. So I wouldn't agree to the fact that children whom are well raised can become totally opposite of what they raised.. nope. It's us who fail to raise them well, thinking we are doing the job of rasing them well, not knowing we are only feeding them and not Training.

If the parents do there job propel, the child tends to be influenced by the environment and his friends. At this point, he has to make decisions on which way to follow, and 90% will follow there upbringing.

For those who were not trained, once these influencers come, they are open to choosing anyone. It's either they decide to be good and become children. Whole some decides to become bad, and 90% goes wrong.
Training has a great impact on the society, we can't talk down on it

[Pearl_20]

Definitely can't be preaching Bitcoin to small children, they would have to know their own left from right and also be able to have a self interest, if a child is at an age where they can have self interests, I think they can be exposed to Bitcoin at that age and if the self interest peeks, then good, if not, that's also fine.

I think what all kids should be more concerned on is a way of taking their academy serious, anything that will be taking off their attention from their school things shouldn't be encouraged.

Moreover, there is certainly time for everything in life, we don't have to force our kid's in a particular thing all because we also did same, it's right, children also have the right to choices in life.

Maybe, if they pick interest in it overtime then that is good but pinning it on them, like a must is something I can't support not even in a day.

You're correct children should be allowed to grow and learn at their pace and just like you said they should be more concerned with their studies and making beautiful memories with friend's in school, they should be focused on their school activities and introducing them to Bitcoin can shift there focus from academic or make them distracted.

I suggest that if as a parent you want to expose them to Bitcoin world you should explain to them that there's another way money works digitally and not going deep to investing till they come up age to understand things deeper. There's so much anxiety with bitcoin when it comes to adult talk more of children it might take away their focus from their studies and as a parents you wouldn't want to distract or confuse your child, so let a child be a child till you feel they are of age to know certain things.