Topic: Are Your Kids Aware Of Bitcoin? Teach Them. - page 22. (Read 5641 times)

The question for you @op, what are the factors that prevent people from being successful in the central financial system? For example, if the richest people in the pre-bitcoin world could pursue a title where fiat was the main backer of the business at that time, would they feel oppressed?

What you need to teach your child is, "don't be greedy". The era of bitcoin is when criminal cases are getting easier to do. Say your child learns bitcoin from an early age, then do you guarantee that they'll use that knowledge for something positive in the future?

The fact that the entry fee for most big games are expensive is the main reason why people do not make a lot of money. Around September I had enough money to get into axie, but I decided to not do that and eventually I lost my money anyway but if I did, I would have lost most of it as well, look at how it dropped and the bad news right now.

A kid can't really afford to do that and even if they somehow did, then it is going to be hurting their economy a lot more to risk something like this. The best way they did back in the day was becoming scholars so that they could earn without paying anything but that is gone these days as well unfortunately.

In fact, my son often hears me talking about bitcoin with my friends. In his opinion, bitcoin is as common as my cash. The only difference is that I won't spend it easily to shop. I don't want to deliberately guide him and let him learn slowly. After all, he is only 8 years old.

It's probably going to be just another hobby for them if they at least learn about Bitcoin. Some would be just become a gamer at home and refused to even interact with a lot of people due to their comfort zone, now that games like Fortnite and some new AAA games are still kicking these days, lol

Earning money or having savings is indeed preferable and much wiser for it to be told or teach into your kids while they are still young but not on a complex way because they would really be having
a hard time on taking some grasps on everything since they are young but its better that they would practice earlier with this kind of behavior when it comes to finances and savings.
Its not a form of being greedy or something but having these things will mold incase a better future since they have save something back when they are still a kid.

Like what he said above, bitcoin can act as a virtual piggy bank. It's okay if we won't teach our kids for the other use of bitcoin like gaming if we want them to enjoy the outdoor world but teaching them to save in their bitcoin wallet doesn't involve too much monitoring and they can still go outside and hang out there at all times. It is not bad to spend time on your screens but as long as you are earning an income with it.

You don't waste any time compared to when you only watch youtube and play video games because there are no real benefits that you can get with them. Pandemic are still there so going outside is still restricted anyway.

My kids are still very young, got married 2018, my first son already shouting bitcoin because my wife always telling him to leave daddy alone to concentrate on bitcoin, so he shouts daddy "bitcoin". Am tutoring my wife, she could have been am expert she didn't believe in it while I was courting her. Today she does.

Years ago there were some flash games where it was pretty easy and fast to accumulate some thousands of satoshis playing a little every day.

I don't know how interesting these games would be for nowadays kids, because graphics and games alternatives have evolved and changed so much since my childhood, that flash games could be ridiculous for them now... But personally, for me it would be great to play these games while earning btc as a kid, because I've been doing this since ever without earning any money, only for the joy.

Right now, the only games of this kind I'm aware about are smartphone apps which deliver classic arcade games paying satoshis rewards. However, the rewards are terribly low.

On the other hand, I believe in some years there is going to be decent online multiplayer games with fully developed and sustainable internal economies, where kids will be able to play and start building their bitcoin portfolios.

And to play/adopt bitcoin or not must be up to each child to decide. They don't need to exchange their childhood for bitcoin, but introduce bitcoin to their childhood with harmony and balance.

As a kid, I've never been worried about financial life and now I somehow regret about it, because my life as adult could be much more confortable if I did so before back then...

It is still impossible as they are still toddlers, and I don't know if they would be interested in Bitcoins if they reached certain age of understanding. It is a nice thing to do, but I would rather let them have their childhood lived to the fullest. I mean that is playing and interreacting with other kids. Maybe I would just tell them little about it and if they are somehow into it, I would let them learn by themselves as it was the case for me. That way I will see where their curiosity would bring them, and see if they are willing to be an enthusiast too.

Don't let them play P2E games, let them play age appropriate games and should only teach them the basics of bitcoin or crypto. If you teach them to earn bitcoins through P2E, you may end up harming your kids instead of benefiting them. They will be drawn into useless games and are only absorbed in making money and neglect going to school, not to mention they may encounter scam projects and lose money.

I can't force them (the kids), have to understand and know Bitcoin, I prefer them to choose their own principles and ideals, what I want my child to be able to exceed my knowledge, all fields are no exception.

If I know Bitcoin he must know more than what I know, my principle of course I can't force if they don't like it, but if they ask about Bitcoin I will definitely introduce Bitcoin to them, in essence I give them the freedom to pursue their own career.

Their kids love and have a desire to know Bitcoin, why not.

teach them the truth. that bitcoin is worse than wall street and co opted by the same chicago international crime fucks.

Tell them the truth that bitcoin was massively funded with press campaign and the myth of one guy breaking through is a lie.

Tell them the truth that bitcoin crashes violently always and every month and every week.

Tell them the truth that blockchain timestamped encrypted data is an unstoppable force but bitcoin is a smokescreen of lies and mythmaking

There is no right age, everyone is different. Of course if the kids are like 5 that's probably too early, but if we're talking about a teenager well, I understand there are a lot of things way more interesting to do and experience at that age, but it's also a good moment to talk about money management, especially if they want to go to some expensive school.

I believe that we're in a generation where most transactions are being done online. There are lots of instances where crypto transactions would be the best option that we'll have so yes, I'm considering teaching my kids about crypto. I'm actually starting to teach them how cryptocurrency works and the real function of Bitcoin. I would want them to be my successors so as early as possible, I'll give them the enlightenment about blockchain technology.

If you could teach them how the fiat world gets worse and worse, and how people could have bought houses for 100 bucks back in the day and eventually turned to cars, to motorbike to grocery to maybe like a book these days. They will realize soon that having money means nothing in the long run. They need to invest their money into something, even if it means creating a debt today because by 10 years time that debt would look so smaller whereas the thing you invested with it could be valued a lot higher, which is what people do with mortgages.

This is the way to educate kids, you need to help them understand investing and the reason for it, not just how to do it.

@LFC_Bitcoin don't forget to do that because they will end to be very happy and proud of you as a father. instead of getting them a smartphone to play games, ensure they use the phones to learning how to invest, trade or mine, you will make them to become wealthy at young age.

Sure, it would helped them out. However, I'm not aware of any games that offer that, and I doubt the type of games that offer it would be that much interest to kids. The thing is, I'm not a fan of using your kids to earn more money, it just sounds like exploitation to me. Kids should be able to pick what they want to do, within reason of course. You shouldn't be telling them to play a game, because it'll earn you Bitcoin.

Kids aren't kids for very long, they should be enjoying their time with zero responsibilities, rather than looking to earn money as soon as possible. They've got to earn money for the rest of their lives, and we're all adults trying to escape that, so let them be a kid.

I tend to understand but I disagree with your opinion. That's true in this era where technology is really big, anyone can search anything in google including a kid. But most of children are playing popular games in their region, the Play2Earn games isn't popular and costly. However if they play P2E games they got paid in shitcoins, not Bitcoin. They could convert the coins to Bitcoin, but most people don't.

I don’t have kids but absolutely, if/when I do have them I will 100% educate them on bitcoin & the massive role it’ll play in their lifetimes.

You start teaching them when you believe they can understand what your about to teach them at least it should be done when they are familiar with phones or computers.

Teach them in a comprehensive language, if they understand your native language it is an added advantage because most times people communicate and understand better when their native is been used.