Well just tell them that it is money in the internet,
That it could be traded into real money .
That is the easiest way to tell them.
Topic: Describe what is bitcoin for a 7 year old kid in few words - page 3. (Read 1086 times)
Just tell him that once he is 10, he will be able to buy anything for bitcoin or altcoin 
Being able to play freely in any enchanted place without anyone imprisons us by cheating the game.
Good idea and perfect exercise for my brains. Never thought of doing it. Will try to explain it to my kids and see how it turns out.
Hi there
What's the most simple way to describe what bitcoin is for people?
Will be cool to read in the comments some new creative ways to do that!
It is hard to explain to a 7 year old kid what is bitcoin, and I think even if how simple you will say it to a kid they will never get interest with it. Imagine how hard to explain it to an adult and still they are not all interested with bitcoin. So, maybe it will still depend on a person how interest they are to bitcoin before they will understand bitcoin fully.What's the most simple way to describe what bitcoin is for people?
Will be cool to read in the comments some new creative ways to do that!
Well i'll describe it as something that they should be interested about when they grow older. Bitcoin is way beyond a 7yr old's capacity to digest and they should be focusing on playing and building a good foundation for eq.
Hi there
What's the most simple way to describe what bitcoin is for people?
Will be cool to read in the comments some new creative ways to do that!
What's the most simple way to describe what bitcoin is for people?
Will be cool to read in the comments some new creative ways to do that!
Bitcoin in my personal opinion, it is a virtual currency that can be use as mode of payment transaction in online merchants who are bitcoin accepted. Or any exchange in the other country. Because here in my country the major usage of bitcoin was remittances, which it can be send nationwide in my place.
Hi there
What's the most simple way to describe what bitcoin is for people?
Will be cool to read in the comments some new creative ways to do that!
What's the most simple way to describe what bitcoin is for people?
Will be cool to read in the comments some new creative ways to do that!
At 7 years old kid is not fit to teach about bitcoin because at young age they want to enjoy their life in playing. even if you teach them it is useless they don't understand what is it so may at 10 years old that's possible to the kids willing to understand what bitcoin is.
Hi there
What's the most simple way to describe what bitcoin is for people?
Will be cool to read in the comments some new creative ways to do that!
It is hard to explain to a 7 year old kid what is bitcoin, and I think even if how simple you will say it to a kid they will never get interest with it. Imagine how hard to explain it to an adult and still they are not all interested with bitcoin. So, maybe it will still depend on a person how interest they are to bitcoin before they will understand bitcoin fully. What's the most simple way to describe what bitcoin is for people?
Will be cool to read in the comments some new creative ways to do that!
Bitcoin is a virtual or digital currency used in trading, payment option..
Moreso, that the price or value is been determined by the traders most especially supply and demand.
Moreso, that the price or value is been determined by the traders most especially supply and demand.
I would simply tell you that it is digital money that can be used to make transactions with few fees and in record time even if they are international, it is true that we have to invent easier ways to explain to people the use of bitcoin, because when you start talking about cryptography and how the blockchain works, we usually lose their attention.
because they are unfamiliar with those words, so they prefer not to hear that, I think we have to explain bitcoin in a simple way like we explain something to children. say that bitcoin is a digital currency that is not controlled by anyone, and you become a bank for yourself
It is hard to explain to a 7 year old kid since many people also finding hard to understand what bitcoin is. For me, i would just simply explain to the kid that bitcoin is a digital high valued currency.
for small children, especially for those who like games:
Bitcoin is a token that you can use to buy games and also top games to buy some game items that you play, so they will definitely be interested.
for adults:
bitcon is almost like gold but in digital form, where bitcoin has an estimated value for investment and also has functional value even though no store has officially used bitcoin as a payment tool, but you can use it as an agreement with your party. Moreover, the bitcoin transaction is peer to peer, so there is no third party that will make you more comfortable using Bitcoin.
Bitcoin is a token that you can use to buy games and also top games to buy some game items that you play, so they will definitely be interested.
for adults:
bitcon is almost like gold but in digital form, where bitcoin has an estimated value for investment and also has functional value even though no store has officially used bitcoin as a payment tool, but you can use it as an agreement with your party. Moreover, the bitcoin transaction is peer to peer, so there is no third party that will make you more comfortable using Bitcoin.
Future Investment.
Bitcoin is cryptocurrency and its a store of value like digital gold. Indeed the price always volatile but its long term investment and the price always growing. I think to describe what is bitcoin is future investment because its long term investment.
Bitcoin is cryptocurrency and its a store of value like digital gold. Indeed the price always volatile but its long term investment and the price always growing. I think to describe what is bitcoin is future investment because its long term investment.
I would simply tell you that it is digital money that can be used to make transactions with few fees and in record time even if they are international, it is true that we have to invent easier ways to explain to people the use of bitcoin, because when you start talking about cryptography and how the blockchain works, we usually lose their attention.
Btc is a digital currency which is able to transform our financial system into a very convenient one. To my mind, btc is the new era of payments, they will be faster and more reliable. BTC is our future and it is the leader among coins today
Bitcoin is also called crypto-currency. A type of digital cryptocurrency that is not tied to a central bank and isn’t regulated by a government body such as a treasury. Bitcoin transactions take place entirely online.
i would say that bitcoin is a decentralized digital currency. I will also explain it better by telling him that in bitcoin, you have control over money not the government. If economies fall or governments change, Bitcoin won’t be affected like fiat currencies.
Bitcoin is an electronic currency which depends on electronic devices such as mobile phones and computers as its medium of transfer. It can be converted into physical currency from exchangers.
Hi there
What's the most simple way to describe what bitcoin is for people?
Will be cool to read in the comments some new creative ways to do that!
What's the most simple way to describe what bitcoin is for people?
Will be cool to read in the comments some new creative ways to do that!
I will tell them, that bitcoin is a means to make payments that are almost the same as the fiat currency that we use in our daily lives. But if they are aroused and try to ask again, then I will explain it in more detail, this certainly must be done so that they are not mistaken in interpreting the meaning and function of bitcoin.
Well you see child, bitcoin is virtual money that you cant touch but you know its there.The only way you can see it it trough your computer. People use it for games for stuff and for sutuff in games,but there are people who use it to make money cuz the price of that virtual money(bitcoin)can rise and go down.
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