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Author Topic: What's the best age to introduce your kids to Bitcoin?  (Read 6031 times)
commandrix
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August 15, 2014, 12:28:09 AM
 #81

Would it interest you to know that right now I am teaching a teenager how to use Bitcoin? Right now she's waiting for the wallet to sync up. I already explained a bit about how to send and receive Bitcoin and told her that she might try earning some Bitcoin by hanging out on the Services subforum here. I think she gets it so far.
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evoked22
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August 15, 2014, 01:36:31 AM
 #82

Would it interest you to know that right now I am teaching a teenager how to use Bitcoin? Right now she's waiting for the wallet to sync up. I already explained a bit about how to send and receive Bitcoin and told her that she might try earning some Bitcoin by hanging out on the Services subforum here. I think she gets it so far.

The planet needs more people like you. I have told as many people as I can about bitcoins. I think there has been a great amount of effort placed into slowing down the overall awareness of bitcoins so i believe it is our duty to educate and teach as many people as we can.


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commandrix
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August 15, 2014, 01:41:29 AM
 #83

Would it interest you to know that right now I am teaching a teenager how to use Bitcoin? Right now she's waiting for the wallet to sync up. I already explained a bit about how to send and receive Bitcoin and told her that she might try earning some Bitcoin by hanging out on the Services subforum here. I think she gets it so far.

The planet needs more people like you. I have told as many people as I can about bitcoins. I think there has been a great amount of effort placed into slowing down the overall awareness of bitcoins so i believe it is our duty to educate and teach as many people as we can.



Thanks. I think it's mostly that I've mentioned Bitcoin a few times on a fairly popular but (mostly) unrelated Facebook group I'm a member of and a couple of people got curious enough to ask me some questions.
BanksWorstFear
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August 15, 2014, 05:25:34 PM
 #84

Commandrix article: TEACHING KIDS ABOUT BITCOIN
http://banksworstfear.com/teaching-kids-bitcoin/

Predict27
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August 15, 2014, 05:34:33 PM
 #85

Well, when do you start introducing kids to money, their value ect? Maybe from 9 and bitcoin is little bit more complex to understand than normal money, so maybe from 14?
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August 15, 2014, 05:49:50 PM
 #86

It is absolutely a crucial thing to teach children as early as possible about cryptocurrencies and precuous metals. They are like bread and butter, hand and glove Wink
If we teach our children about cryptos banksters fate is sealed within one or two generations worst case scenario!


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August 17, 2014, 09:18:59 AM
 #87

BTC is Not for Kids BTC is for People with Age 18
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August 17, 2014, 09:26:42 AM
 #88

I think a good time to get your kids involved with Bitcoin would be around 15-16 years old. I know that's when I was introduced to the stock market and economics in general. Give them some funds to play with, let them invest either in bitcoin or the stock market (or both) and teach them money and investment management. Teaching them early about principles of saving and investing will pay off big for them in the end. Many of the kids today are simply consumers with no interest in their long term wealth accumulation.

I know my child will hear about Bitcoins very early on, simply due to my own interest in them. I talk about it nearly daily with my significant other, so they will be bound to hear about them VERY early on and of course, then questions will be brought up. Kids' minds are knowledge sponges, teach them everything you can as early as they want to learn it Cheesy

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August 17, 2014, 11:09:25 PM
 #89

Commandrix article: TEACHING KIDS ABOUT BITCOIN
http://banksworstfear.com/teaching-kids-bitcoin/

Ah I thought it would be that a bankers worst fear is having kids leadning about it young ^^
But reading the article in agreement when kids begin getting interested in finance is when its time to teach them about it
Hmm a rental bank all internal neat idea to make microfinance interesting

Watching your kids compete to see who can win the most Bitcoin every hour is actually quite hilarious. You know that faucets are a waste of time, but in their minds, they’ve just discovered a new game that they can use to earn just enough to maybe get an extra candy bar.
I imagined this in my mind and snickered a bit ^^.

But its never too early to learn about finance a good foundation from a young age results in a good management in the future.
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August 17, 2014, 11:14:51 PM
 #90

I'd always hesitate because of the gambling part. One is 16 and I know he will get into it even if he isn't at age. Won't be telling him for another 2 years Sad

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August 19, 2014, 03:28:15 AM
 #91

Basically you don't have to introduce it all to your kids.When the time comes after 15-16 years old they will know everything.Because on this time they can know how to use computer or internet..
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August 19, 2014, 03:54:22 AM
 #92

Im 14, and I love it! Smiley

Hashforfun
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August 19, 2014, 05:09:36 AM
 #93

When they learn the concept of saving money and the market. Maybe around 14 years old.
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August 25, 2014, 08:30:56 AM
 #94

I think the best way would be to give them a small allowance and let them learn on their own. Teach them the basics, warn them about the dangers, and let them get their coins stolen, lost, destroyed, scammed, etc... There is no better teacher than life.
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August 25, 2014, 08:43:51 AM
 #95

The new "big talk" is all about the birds and the bees and the bitcoin.
It's the 3 B's
Plank
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August 25, 2014, 10:08:06 AM
 #96

Introduce bitcoins to kids when they are mature enough to handle money, they will learn easily. 15 years I would say.
blatchcorn
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August 25, 2014, 10:16:07 AM
 #97

Im 14, and I love it! Smiley
Have you been able to purchase Bitcoin as you are so young?  What do your parents think about it?


 
 
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August 25, 2014, 05:23:29 PM
 #98

Im 14, and I love it! Smiley
Have you been able to purchase Bitcoin as you are so young?  What do your parents think about it?

I used to be able to buy bitcoin, but I cant anymore since Coinbase blocked my account (I have my own bank account).

Now I make my money from sig campaigns and other business I am made/programmed.

After a few months I was able to convince my dad to invest. He looks at it like a stock/commodity, and I look at it like a currency.

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August 25, 2014, 05:29:16 PM
 #99

Friends my age dont get bitcoin, i cant imagine actual kids.
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August 25, 2014, 05:32:47 PM
 #100

If/When I do have kids i'll probably set them up accounts on the day they're born and hopefully be able to put small sums of btc into them until they're an age where I determine they are responsible enough to take over it on their own, if i believe they are mature enough when they're 12 i'll let them take control of their accounts. I would probably teach them how to use btc around the time I teach them about the value of a dollar. TLDR: when they learn the value of a dollar, but i wont give them their accounts until i feel they're mature enough.
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