Topic: Are Your Kids Aware Of Bitcoin? Teach Them. (Read 5644 times)

Already taught my kid even how to trade crypto

There is something wrong about the way that you are describing what bitcoin is and/or what you should teach or should not teach.

If you teach your kids that there are certain kinds of assets that are more valuable and others that are less valuable, and that with bitcoin the value of saving has come back, so in that sense if anyone is attempting to build wealth (or even to use currencies), and they may well figure out that if they spend their less valuable currencies (and assets) first and thereby end up saving bitcoin and stacking sats with their remaining (extra income), then the value of their savings has good chances of increasing with the passage of time and especially in the longer term...

So whether or not the long term saver and hodler and responsible spender is ready, willing and able to save and build his/her bitcoin stash, there are possibilities that such bitcoin savers/accumulators will be better off than they would be if they had not included bitcoin into their savings/investing plans.  

None of us know these kinds of future outcomes, but it still seems that there should be meaningful, genuine and age-appropriate attempts to teach various aspects of these kinds of bitcoin-related ideas and values, including being able to distinguish the differences between bitcoin and shitcoins and not to get lured into shitcoins... even if they are still going to have some of their own decisions to make, it still seems better to teach values including that shitcoins do not tend to add much if any value to the world, especially in comparison to bitcoin and especially in terms of needing to know bitcoin first, even before dabbling into shitcoins, if they or anyone else happens to be tempted into such mostly nonsense areas that are bitcoin-adjacent (or bitcoin affinity scams) at best.


You are not late flyingcarpet.  Many people believe that they are late, and then sometimes then are lured into FOMO or panic.. so there should be no reason to panic, so long as you do the best with the information that you have and get started with your investing into bitcoin as soon as possible, planning around such bitcoin investing and continuing to attempt to learn about various aspects of bitcoin - including sharing knowledge with the so many people who are low coiners, no coiners, precoiners, and who still have not begun much if any efforts to invest into bitcoin (time, energies and value).

Of course, there should be no reason to over do any of your approach to bitcoin, and attempt to pace yourself in order that you do not end up making mistakes that cause you to lose large portions of any bitcoin that you might have had stacked along the way... but at the same time, realizing that almost no matter what some mistakes are going to be made and there are ways to attempt to learn from mistakes even if some times some of the mistakes might end up repeating.. and we grow from mistakes, even if we might not intend to be making them.. but they are nearly inevitable kind of things that happen in all areas of life, including bitcoin-related areas.


Yes, many times no coiners, precoiners and even low coiners will conjecture that some of us bitcoin-focused people sound like nutjobs - because we might even be suggesting that a paradigm-shifting invention(discovery) like bitcoin expands the kinds of value that is even possible, so if we might consider that the world's monetizable value is around $1 quadrillion in today's dollars, it is quite possible that we might even consider that the world's monetizable value (not even including inflation into that because referring to "today's dollars") may well be expanded 10x or more, merely because such a paradigm shifting concept such as bitcoin has been invented/discovered and put into practice... we live in some lucky times to have bitcoin, even though surely there may well be some disadvantages to it too.. just like fire, electricity, the ability to composite steel, the automobile, the plane, the light bulb the internet and/or the wheel might have some disadvantages to them also, but they (individually and as combined in various ways) also increased the various ways that value creation became possible after their inventions/discoveries.

I couldn't agree more and I would be bold enough to say that it doesn't only seem like it. Bitcoin is touching upon more areas than we can probably think of right now. Let alone the long-term effects it can have on various aspects of society. To believe that teaching about Bitcoin as a gamble only is equal to teaching about how to become rich is clearly disrespectful towards the technology.

At times I wonder how many of the many developments taking place within the ecosystem (and how it expands) Satoshi Nakamoto himself was able to anticipate. Did he think that one day Bitcoin might revolutionize the energy markets or support the distribution of energy grids in areas where it is usually not worth the risk to build power plants? In rural areas where infrastructure is missing to distribute electricity, it is now a viable option to invest because if nobody buys the energy for some time (or not all of it), it could be dedicated to mining.

I believe these are amazing concepts and it is not the only and last one. I am sure there is much more to come and that is actually what I talk about when people ask me about Bitcoin. Sure, they also ask me whether they can still become rich. But a good answer is that if they listened to what Bitcoin could actually be able to incentivize and facilitate, they could make their own educated guess after doing some more studying.

For the future of our children, we must teach them about bitcoin. In order to be successful in life, it is necessary not to be late for some things. I discovered bitcoin late, but I learned fast and I continue to learn. We must teach this world to future generations. In order to be prepared for anything, they must first obtain their economic freedom. For this, they need to know what an investment is. After learning about the investment, they will understand the value of Bitcoin more. We must teach our children before it's too late.

You touched on a very valid topic, thank you.

I have nothing to argue with you when you say bitcoin is a currency because that's what Satoshi created bitcoin for, but there's also nothing wrong or funny about people treating it like an investment. Everyone has different purposes, and how they want to use it is up to them. Like gold, there are users to store assets, there are users to make jewelry… no one is wrong.
And whether bitcoin is a currency or an investment, bitcoin should not be taught to children who are too young, they are beyond their abilities and minds. Teaching bitcoin to children is certainly a good idea, but it should be age appropriate.

Funny how all the people her talk about how their children will become rich if you teach them about bitcoin. Bitcoin is a currency, do you know what a currency is? A currency is something that is used as an exchange medium for goods and services, nothing more. If you plan to buy bitcoin just for the value increase that may happen in the next years you are simply a gambler because nobody knows what will happen.
So teach your kids about bitcoin so they can use it to be free of state surveillance and can have a decentralized way to store their wealt. But please don’t teach them about bitcoin so they will rich.

And how will children understand bitcoin if you won't teach them maths? Investing is a very small part of the things children should know about bitcoin. Teaching bitcoin is also about how to take responsibility over your decisions (because transactions are irreversible), is about how decentralization work and why there are centralized systems still there, about what is money and why there are fiat money when we have a new kind of money like bitcoin. There are so many things you should teach your children before they can understand bitcoin a little that investing will hardly be in the forefront. And knowing maths, languages, history and many other things is very important to understand the idea of bitcoin. And as we can see even on this forum many didn't learn bitcoin even enough to understand that it's not about investing only, it's much more.

I already teach them but its up to them if they wanted to get involve in crypto, i only encourage rage them but still i let them decide by thier own if they want bitcoin or not its up to them, i will not force them to follow me i believe that they have thier own mind that is smarter than me so i let them decide by thier own i only guide them for good.

Basic money management education at an early age can be very beneficial for children. Teaching them the value of money, saving, budgeting, and financial basics can lay a strong foundation for their future financial prosperity. When children are exposed to these concepts early on, you can help them develop healthy and responsible relationships with money. It is important to make these lessons age-appropriate and interesting so that children can effectively understand and retain the knowledge.

Sounds like you do not even understand bitcoin, so how are you going to teach about it?

It seems to me that bitcoin has already touched upon all aspects of life, and has potential and likelihood to continue to become more embedded in various aspects of life.  Therefore, bitcoin is hardly ONLY about getting rich and investing, even though surely it can be considered from basic (and first principles) as important topic in which anyone (everyone) can profit from investing time, energies and finances into it.. which includes learning about various aspects of it.. even the basics in regards to recognizing the name (bitcoin) and understanding that it is a recently invented (discovered) paradigm-shifting phenomena (still seeming to be in its quite earliest of stages) that allows all people to interact/communicate and store value in ways that had not been previously possible.

For sure, the youngest of kids seem to have more difficulties engaging in abstract thinking beyond the physical.. but as they get older, they should become more and more capable in terms of communicating and understanding various kinds of way that there are kinds of value (including information) that have various non-physical components that have real important economic, social impacts on people - even if they might not be directly interacting with those information systems.. culture, religion and social interaction guidelines tend to be included in the kinds of non-physical subject matters that kids have learned about throughout the ages.. and it surely seems that bitcoin has become part of that informational space, whether you understand it or not.. whether you accept it or not, and whether you attempt to expose your kids to those ideas or not.

Yes, it won't be far from the footsteps of their parents, but as parents want their children to be successful in any way and maybe not with bitcoin as their success later, actually there are many other jobs that are more promising than bitcoin, for example, as an entrepreneur, businessman, or other work that according to the child later as their convenience in doing it, it's just that a father will definitely teach what has been experienced, maybe with a little understanding of bitcoin it will definitely be taught and after that the child himself decides it, we as parents don't need to restrain.

Education is important and must be completed thoroughly, any interest later can still be accompanied by teaching children a little, especially after the child starts college, he must understand very well what bitcoin is because this is already popular throughout the world, so the child will decide to become a its the best choice.

Op I will not dispute the fact that you are saying the truth, but I must  tell you this, you don't have to teach them if they are below 5 years because at that time they still trying to recognize things in the world so you have to allow them grow from 5 -6 and above and teach them from there, you can even play some bitcoin videos to them so they can learn from that angle very fast so when they grow up to 17 to 20 years, they have master many things so at that stage practical works will start for them to do more.

This is a fact that children always follows their parents whenever the parents do something for their success the children will also be involved in that work. Those parents who are successful with bitcoin should teach about their success that how they get success and what is the thing that brings them to a wonderful destination.

The way of earning is changing and now people are more interested in online earning  rather than going to office and work. Therefore children of present and coming age will understand earning through bitcoin very easily but teaching them about risk and how to manage these risks is very crucial job for them.

Allow them to complete their education and at the same time they should be involved in bitcoin because one cannot leave his education as it also play an important role on the success of a society.

Are you saying that teaching them things about bitcoin will stop them from playing or enjoying themselves as kids? do you need them to get to the age of earning funds before you let them know about financial education I guess no, kids have smart brains I believe if you introduce bitcoin to them through play books and and videos once they develop interest you don't need to force them to start asking questions because kids will always want to know more about things which they find interesting. If your a bitcoin lover, no child of yours who's seeing how happy you are investing in bitcoin will stay without wanting to learn unless you don't let them know about your investment due to security reasons but once they are well informed they will always be eager to learn because kids always want to be in control of their money and bitcoin makes that easier and possible.

Let them enjoy. For sure, there will be an age when they get interested in earning money and will ask questions of you, but if the mind of the child is still on playing and school, then I don't think it is a good idea to teach them about it as they still haven't enjoyed their lives. Also, expose them to what you are doing, like, let's say, purchasing bitcoin or trading anything that they don't understand yet, but if later on they get curious about it, then that is the spark that gets them interested in it.

Totally agree with what you said we will teach them bitcoin, but it needs to be at the right time and the right age. It is ludicrous and stupid to think that if they were educated about bitcoin at the earliest, they would grow up to be good investors or rich people. If we educate children that way, instead of teaching them history, math, foreign languages. Let's ignore everything and just focus on teaching investing, teaching children to be rich from a young age, and when they grow up, they will be as rich as we expected.

You are indeed very right and well said. We live in a digital world and it is our obligation to meet its requirements. It is also our responsibility to give the children a good education, skills &  training . Its also our responsibility to adapt the children to the modern requirements. Children learn by observing and imitating those around them. Set a good example by demonstrating kindness, empathy, honesty, and respect in your own behavior. Children thrive with structure and consistency. Establish clear rules and expectations, and communicate them effectively,  be teach them about the trading and business types which will be beneficial  and interested in different manners . Along with education, they should also know about the trading features and its future, must give them awareness about cryptos Like BTC specially. Give them some demos, translate it in easy way, surely kids response will be unique.

Everything does really have its own time when it comes to things which children should really be learning on which it would really be just that normal that they would really be that curious or cant be able to comprehend on what are the things you would be tending to explain into them and since their brains arent really that still prepared on learning up new things then its better that they should be taught on the right time
where their age is already that enough for them to understand. You could really be able to see if its the right time or not basing up on your childrens behavior. Getting aware isnt really that a bad thing
but just like i said that there's an appropriate time for that because letting them know on early age is something that cant really be that possible and you wouldnt really be that so dumb as a parent
whether its the right time or not.

I agree with you. we should not rush to teach this to our children. We have to wait for the right moment and time to do it.

In fact, I think the most prioritized is to add insight to ourselves first. if we really have confidence in the insights we have and we have also been successful in using them in everyday life and have reaped pretty good results. then only then can we someday provide education about this to our children when they are old enough to understand things like this. And I think with today's rapid progress even our children can know by themselves without us having to bother teaching them lessons. what we have to do may be more to guide them so they don't take actions that could harm them. and therefore we must become more skilled in this field than our children. so that if one day our child asks us then we are ready to answer it.

Beyond doubt, I will educate my kid about Bitcoin. First of all, I will try to understand them what is financial freedom and why it's Necessary for the modern generation with the circumstances of physiology. After that, I will teach them How important is Bitcoin in this modern world where most things work through the internet online like shopping, food & much other stuff. And nowadays is going to be easier through Blockchain(Bitcoin) which is decentralized finance it will take less effort than fiat currency. Nowadays fait currency is going through worse & worse with aspects of time. The time come when people would not take fiat currency in commodities exchange because their value is going to decrease with time. So after all of this, they will able to understand which way is right for to becoming a rich or successful man. Now decisions depend on them I will not try to force on them this is their own interest. On the other hand, I will guide them on it that's why he wouldn't blame me in the future or regrate about it if our father were to tell me about it early.