We could position Bitcoin as a currency for Kids

[Ektra]

Parents are overly protective when it comes to their kids. Every new things needs to be scrutinized inside out. Not possible.

Circumventing parental control is precisely what makes it attractive to kids and teens IMO. With that said, fair point that it may not look good for the PR of our community to be seen actively promoting this.

[QuestionAuthority]

Are there any 13-18 year old kids that aren't already members of this forum? Just have 90% of the forum membership ask their parents for some money to buy Bitcoin.

[riiiiising]

kids can buy a small amount (like $50) and learn about investing. good idea!

[money420weed]

Would have to be pretty smart kids. I don't think we should force it on them and debit cards would be safer until they understand the technology.

That's true that some kids might think it's pretty lame (like a debit card but worse). They would have to want it before it rather than it being forced on them.

Do you think that users of Bitcoin should have to understand the technology to use it?

They should understand it to a point that they are able to keep their money safe. Kids are traditionally somewhat careless with their money and with their privacy. This could easily result in them loosing their money

[Hox]

Kids are traditionally somewhat careless with their money and with their privacy. This could easily result in them loosing their money

This is  probably one of the biggest issues right now that I see with this idea. I can only imagine how many young kids would lose their BTC to malware they got off torrents/porn sites. Once we have cheap hardware wallets/easy multi-sig options this idea could work.

[counter]

It is a great idea especially if we get the kids things to spend their coins on something mainstream like video games or toys.  Then their parents would be interested to learn more about Bitcoin.  This is something that could really get Bitcoin on the map!  If parents are paying attention to the benefits of Bitcoin and not all the negatives they may want to try Bitcoin themselves But at least the discussion is being had which is plus.

Kids showing an interests in money and saving it isn't so bad I'd say, no to mention learning about a technology that could have a beneficial impact on their future.  I guess the best thing would be make more outlets to learn about Bitcoin without the adult discussions that take place around it.

[w4ssop]

The idea is really smart, this could help to spread the word about bitcoin and give more trust among the people.

[BIT-Sharon]

Hear me out, it's just an idea... (continuation from this)

Inspiration: https://usbank.visabuxx.com/

Kids i.e. ~13-18 year olds. Old enough to want to spend money online, too young for their own credit card.

Some parents want to give their kids a way to spend a small amount of money online without giving them a credit card or debit card. Bitcoin is:

• completely anonymous (read: safe)
• has strict spending limits (can't spend more then you have)
• has no monthly fees
• is accepted at (some) online merchandisers (parents might like the idea that it's limited).

Kids can spend money securely through a program on their computer (maybe a dumbed down version of electrum).

Kids can buy the latest humble bundle for example without having to ask their parents.

It makes since that you have to convert money into kid money. It doesn't make since (for the average person) to buy bitcoins to shop at newegg. You could have just used your credit card and skipped a step and saved time.

I know this might propigate a bad image for Bitcoin (i.e. it's kid money) but I don't think that would kill it.

-> Remember kids grow up. <-

Electric coins would be a trent in the future. It is not bad for kids to learn a new currency in their early times. After all, Bitcoin is based on computer system, the  calculation itself refers to many knowledge. Besides, the payment by Bitcoin is safe and convenient.

[greeneye222]

Are you serious about this? 

[Jerome?]

Are you serious about this? 

Kids couldnt even read.. and you will give them currency? Come on..

[BrunesBTC45]

Lol.. So dollar is a little bit confusing for kids that is why you decide to make use of btc

[Zendy]

i dont really agree with this idea
the price of bitcoin varies from time to time.

[QuestionAuthority]

i dont really agree with this idea
the price of bitcoin varies from time to time.

No, that's the good part. The kids that end up with half of their allowance because of a price drop will learn a valuable lesson about saving money for the future.