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Topic: Are Your Kids Aware Of Bitcoin? Teach Them. - page 23. (Read 5642 times)

member
Activity: 564
Merit: 50
My is a huge fan of My Little Pony and Disneys Frozen. Think it is right time to tell her about bitcoin mining? I cant even imagine what kind of comparison should I use to make her easy to understand what is crypto. Drawing parallels with sandbox and little shovels as GPU?

First years in school are made for learning basics. Teenager age? I think kids are more interested in clothes, sex drugs and rock&roll Cheesy I will teach my kid, but dont know when.
sr. member
Activity: 1045
Merit: 273
It's been a tradition that a parent passes their wealth or their business to their children but if a parent is poor, all they can share to their kids are education which can be achieved if they go to school.

A good manner is also being taught to them. Bitcoin can't change the economy of a country all alone by itself but it can do some impact. Other things are still needed not only bitcoin for a country's economy to improve. It is not wrong to save some money in fiat or in banks IMO because bitcoin on most countries are still not fully accepted. You will still be needing local currencies in your daily life. There is also a risk on storing money in bitcoin as it's unstable.
full member
Activity: 529
Merit: 101
In my opinion it's fine to teach bitcoin to kids as early as they can understand and adopt it, because bitcoin is constantly getting more and more valuable as the time goes by, while also increasing its support worldwide.

Just imagine if kids adopted bitcoin years ago and played online games which rewarded free satoshis as prizes. That would have been great and also a big boost for executing plans which demand financial resources they want to achieve when growing older.

I believe we could say bitcoin is an upgrade of the old good piggy bank, where kids were used to deposit every cents, saving for their future.

Bitcoin may be popular among the crypto community but its not a fundamental technology which every kid must be aware of in its early days. Kids these days are so much obsessed with electronic gadgets that they are paying less attention to outdoor activities and playing real world games. They will come to know about bitcoin as they grow up, let them focus on there childhood activities.

With gadgets now, children have started to recognize the world of media, of course if they have grown up they will definitely know what bitcoin is and how to get it, especially for those who love games on their cellphone, it is certainly very easy for them to get bitcoin.
especially now that there are many games available with crypto payments.
sr. member
Activity: 952
Merit: 281
In my opinion it's fine to teach bitcoin to kids as early as they can understand and adopt it, because bitcoin is constantly getting more and more valuable as the time goes by, while also increasing its support worldwide.

Just imagine if kids adopted bitcoin years ago and played online games which rewarded free satoshis as prizes. That would have been great and also a big boost for executing plans which demand financial resources they want to achieve when growing older.

I believe we could say bitcoin is an upgrade of the old good piggy bank, where kids were used to deposit every cents, saving for their future.

Bitcoin may be popular among the crypto community but its not a fundamental technology which every kid must be aware of in its early days. Kids these days are so much obsessed with electronic gadgets that they are paying less attention to outdoor activities and playing real world games. They will come to know about bitcoin as they grow up, let them focus on there childhood activities.
hero member
Activity: 924
Merit: 600
Watch&Pray.
In my opinion it's fine to teach bitcoin to kids as early as they can understand and adopt it, because bitcoin is constantly getting more and more valuable as the time goes by, while also increasing its support worldwide.

Just imagine if kids adopted bitcoin years ago and played online games which rewarded free satoshis as prizes. That would have been great and also a big boost for executing plans which demand financial resources they want to achieve when growing older.

I believe we could say bitcoin is an upgrade of the old good piggy bank, where kids were used to deposit every cents, saving for their future.
Good explanation@uneng, Bitcoin will serve as an upgraded piggy bank if the kids are well taught about It.
Apart from that, it will also help to reduce their total reliance on fiat currency, so I encourage every parent to equip their kids with bitcoin knowledge hence they can operate computers and phones.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
In my opinion it's fine to teach bitcoin to kids as early as they can understand and adopt it, because bitcoin is constantly getting more and more valuable as the time goes by, while also increasing its support worldwide.

Just imagine if kids adopted bitcoin years ago and played online games which rewarded free satoshis as prizes. That would have been great and also a big boost for executing plans which demand financial resources they want to achieve when growing older.

I believe we could say bitcoin is an upgrade of the old good piggy bank, where kids were used to deposit every cents, saving for their future.
hero member
Activity: 3010
Merit: 629
Now that your kids are young and vibrant, be their tutor, ensure they are bitcoin oriented, save them from financial dependency, encourage them to rely on bitcoin instead of saving fiat currency that Depreciates now and then.
Its good to teach our kids as early as possible about what we want them to learn especially in financial aspect. But not to the point that we have to force them to understand what it is. I believe there's a time for everything and that is when they are ready and capable to understand Bitcoin.

Although kids nowadays are smart and expose to the new technology, I think its still best to let them explore and enjoy their youth. My eldest is still a minor and probably its not easy for her to understand Bitcoin. But she is aware that Bitcoin is a crypto and an alternative to fiat that can be use to purchase items online.

For now I think that would be enough, if she's ready I will educate her further.
full member
Activity: 560
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Active 24/7
Yeah, but I guess it's better to teach him how to financially be responsible, not just in bitcoin but the money that they are going to hold, whether be it with their salary or money they got from having their own business.

And maybe as the years go by, they could be aware that their parents is into bitcoin and perhaps they are going to be interested as well.
It's good when you teach your kids the sources of your income. You should enlighten them on the basis of what you do for survival. If it's Bitcoin trading, let him know. Educate him on every angle he should know. So, when he has grown up he won't depart from him. A young kid that's responsible and has enough work to do won't waste his time mingling or flirting with friends. He should learn how to trade from a tender age so that he would be an expert in trading when he grown. He will think straight and acts positively.
hero member
Activity: 2660
Merit: 551
I will definitely teach my kids the basics of cryptocurrency, blockchain technology but I won't force them to follow my path but just let them decide for themselves when they are old enough and aware of everything. Entering the market is a good thing as most parents want their children to take over their business, but apart from crypto there are many jobs that can earn more so they relax and should respect their decision.

Neither did our parents force us to follow their path, so we should not force our children to follow our will.
Children are not that hard to teach as long as they have the interest on it. But since bitcoin does not exist physically, so i will just start teaching them saving money like putting coins in a piggy bank, or better yet exposing them in a bitcoin wallet which will serve as their piggy bank. That way, they will keep on saving coins in their wallet which they can closely relate once they are mature enough to understand about the concept of bitcoin. Having them aware at an early age will be their best asset once they start taking real investments in bitcoin in the future.

Yeah, but I guess it's better to teach him how to financially be responsible, not just in bitcoin but the money that they are going to hold, whether be it with their salary or money they got from having their own business.

And maybe as the years go by, they could be aware that their parents is into bitcoin and perhaps they are going to be interested as well.
staff
Activity: 3304
Merit: 4115
I totally agree with you, but for sure it's a good thing explaining them how money works because at the end of the day we all need some money to live. I began having some interest in understanding how money works after I got introduced to bitcoin, and it's a pity that no one told me some things earlier, and at the same time I never felt curiosity about this world. This is why I don't want the same thing to happen to my kids as well. I won't push them, but in this world you must understand some things, wether you like them or not it's not important.
Yeah, although less about how money works, and more about their decision making processes. The thing is, it sometimes annoys me to see that children are now being corrupted for a lack of a better word, and instead of playing, and doing what kids usually do, they're now looking to earn money at very young ages. Now, you could say that's a good thing, but I see it differently. I think they're somewhat pressured into it, if not directly from the parents themselves, then the pressure that they might have seen their parents under.

Obviously, this depends on how old we're talking. Teenagers, fine. They do need to learn how to handle money, and what its all about. However, anyone younger, and that's just a little excessive in my opinion. For example, I've seen users here claiming to have gifted their 8/9 year old or whatever, Bitcoin. However, I'm dubious if that's what the kid actually wanted, as opposed to what the parent wants to push their kid towards, if you get me.

Bitcoin is great, and I do believe showing your kids that it exists, is a good thing. However, telling them Bitcoin is better, and will cure all their problems or if they invest they'll be millionaires isn't right. I wouldn't tell an adult that, let alone a impressionable kid. Bitcoin is, and will probably remain so for the foreseeable future, a niche. Only certain people care about privacy or having the freedom to control their own money. In fact, you'll find a lot of people that are scared of that responsibility.

There are no safety nets, and I think whether someone wants that responsibility or to use a traditional bank with fiat should be their choice, and only their choice. Not some ideal that has been pushed upon them. That's just my view anyway.
hero member
Activity: 3178
Merit: 661
Live with peace and enjoy life!
I will definitely teach my kids the basics of cryptocurrency, blockchain technology but I won't force them to follow my path but just let them decide for themselves when they are old enough and aware of everything. Entering the market is a good thing as most parents want their children to take over their business, but apart from crypto there are many jobs that can earn more so they relax and should respect their decision.

Neither did our parents force us to follow their path, so we should not force our children to follow our will.
Children are not that hard to teach as long as they have the interest on it. But since bitcoin does not exist physically, so i will just start teaching them saving money like putting coins in a piggy bank, or better yet exposing them in a bitcoin wallet which will serve as their piggy bank. That way, they will keep on saving coins in their wallet which they can closely relate once they are mature enough to understand about the concept of bitcoin. Having them aware at an early age will be their best asset once they start taking real investments in bitcoin in the future.
sr. member
Activity: 994
Merit: 441
Of course I will tell my family about Bitcoin but it will be after a certain period of time. For example, if our children are caught now, they will drop out of school or run bitcoin while they are studying It would not be right to give. If we make our kids addicted to bitcoin at the moment, they will be much weaker in education and they will give up reading once in a while.So if you want to teach Bitcoin in the family then you have to teach it after a certain time. If it is perfect and suitable then there is no problem in teaching.
legendary
Activity: 2422
Merit: 1140
duelbits.com
Sure, I'll introduce Bitcoin to my children and let them know. However, it should be at a proper time and with no force to learn it. I probably tell them about Bitcoin when they are already in Senior High School or 18+. I want my children to be mature enough when they know Bitcoin or any crypto coins. So, they can make their own decision and naturally be interested in Bitcoin. If they are interested in Bitcoin, then I'm ready to lead them to learn about Bitcoin deeply and tell them everything about the whole crypto industry. But if they aren't interested in it, I will give them the freedom to choose whatever they want for their future. I may donate my crypto assets to charity.
hero member
Activity: 2072
Merit: 656
Hire Bitcointalk Camp. Manager @ r7promotions.com
Our kids represent the leaders of tomorrow, let's teach them about bitcoin now that we can.
Right now, not yet.
But, my children have the right to know about it someday, especially to know what their parents are doing.
And I am as a parent will give them a chance to understand it someday, when I think that they are ready enough. ANd finally, I will let them to consider which is best for them, whether they want to take the chance to learn further and involved in the cryptocurrency world or not.
We can see how far their interests are actually.
So, right now, no need to hurry for my children because they are still absolutely kids.  Grin
But whatever they take in the future, as long as that is a good thing, I will support it, because as you said, they are the leader of tomorrow and we don't know wexactly what will happen or develop in the future
member
Activity: 1358
Merit: 81
The idea is nothing but exciting!
I am already doing the work of teaching the youngest in my home about bitcoin.
As some members have said, our children are the future and bitcoin leads us to a change for technological development, finance, and the economy.
A few months ago the Mayor of New York Eric Adams granted an interview in which he revealed an anecdote:
In his electoral campaign he spoke about blockchain and bitcoin and the young people asked him, What is that?
The mayor wants teachers to teach crypto in schools, it's timely now that his government is bitcoin friendly.

https://cointelegraph.com/news/incoming-ny-major-wants-crypto-taught-in-schools
legendary
Activity: 2576
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The dream of every successful businessman or woman is to have a good successor. you can not be in the light in which bitcoin has brought you to and allow your children to suffer because you failed to teach them the secret behind your wealth. Let your kids know that bitcoin is the surest way to financial freedom, teach them now that bitcoin is of more value than fiat currency, educate them about the importance of bitcoin to mankind, let them know that bitcoin has changed the economy of countries who saw the light in it and adopted it as a means of doing transactions.

Now that your kids are young and vibrant, be their tutor, ensure they are bitcoin oriented, save them from financial dependency, encourage them to rely on bitcoin instead of saving fiat currency that Depreciates now and then.

Our kids represent the leaders of tomorrow, let's teach them about bitcoin now that we can.
Maybe we should let them decide what is freedom and how to achieve freedom instead of force feeding them about bitcoin? They are kids. They shouldn't be learning about "wealth" or being a successful "businessman" when they are kids. I would rather let my kids learn and do what other normal kids would do. Yes, it would be nice to show what bitcoin is and expose them to it a bit, but not go full on bitcoin with them. And encourage them to rely on bitcoin? He won't be able to spend his bitcoin on his toy stores.
So you're saying that growing up in a system that wants you do to certain things, behave a certain way, spending you're money the way they prefer, the kids should be able to completely ignore all that? And they're supposed to do all this by themselves? Why aren't the parents supposed to help? I never received any kind of financial education and now it's something that I regret, my parents only taught me not wasting my money because there always is some hard work behind it, but that's not a lesson that can actually change your life.
copper member
Activity: 2968
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The dream of every successful businessman or woman is to have a good successor. you can not be in the light in which bitcoin has brought you to and allow your children to suffer because you failed to teach them the secret behind your wealth. Let your kids know that bitcoin is the surest way to financial freedom, teach them now that bitcoin is of more value than fiat currency, educate them about the importance of bitcoin to mankind, let them know that bitcoin has changed the economy of countries who saw the light in it and adopted it as a means of doing transactions.

Now that your kids are young and vibrant, be their tutor, ensure they are bitcoin oriented, save them from financial dependency, encourage them to rely on bitcoin instead of saving fiat currency that Depreciates now and then.

Our kids represent the leaders of tomorrow, let's teach them about bitcoin now that we can.


Maybe we should let them decide what is freedom and how to achieve freedom instead of force feeding them about bitcoin? They are kids. They shouldn't be learning about "wealth" or being a successful "businessman" when they are kids. I would rather let my kids learn and do what other normal kids would do. Yes, it would be nice to show what bitcoin is and expose them to it a bit, but not go full on bitcoin with them. And encourage them to rely on bitcoin? He won't be able to spend his bitcoin on his toy stores.
hero member
Activity: 2940
Merit: 613
Winding down.
Money management and financial knowledge is a must, no matter what your job is your degree or your hobby. Most of kids doesn't know anything about investment, at least teach them about money management and saving. When they already teenager, you can start slowly teach about investment... but not force him about Bitcoin only, you can explain the other investment assets e.g. gold, stock, real estate etc. It's up to your kids to choose which investment they prefer.
Kids these days are smarter compared to the old generation, plus everything today can be found in the internet that makes most of the kids become tech savvy. However, teaching them about how money works will lead them how to value money and start saving them. That way, they will be more open on how to make money and making investments in the future. Not only in bitcoin, but generally in all types of investments.

What we need is to instill in their minds the freedom to make money and that they can find them more in bitcoin. If we can teach them about bitcoin, it will give them an advantage on how to gain bitcoin and grow its value.
hero member
Activity: 1008
Merit: 702
This is a very good idea. The kids of nowadays are almost born a genius if not one. They can easily learn and understand faster at a speed faster than the elders. If they can be enlightened about bitcoin from tender age it’ll go a long way to change their financial dependency as they’re growing up and also affect the economy of the nation positively.
hero member
Activity: 3052
Merit: 606

You just can't expect that your kids want to be what you like to be. This is not the time where kids come along with their fathers to learn their trade and will inherit the business in the future.

Most of them today are more interested in playing online games. I'd like to start by teaching to play Axie or whichever game will be good for earning. Making this investment enjoyable for the kid. I'm sure he will find someone to chat with about tokens and BTC one day.
Most of the kids these days just want to have fun and pleasure like indulging theirselves in different online games. But if they can start earning from playing, that will be a very good motivation for them to be interested in bitcoin in the future. They can start saving their own income and when i think they have gone a long way, i will introduce to them about bitcoin investment and how it works. You will know if they are interested because they will surely keep on asking you but if not, i will still guide them as to what makes them happy. I know they can bring out the best in them if they are not forced or controlled.
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