Topic: Easy way to explain and teach Bitcoin - page 10. (Read 3471 times)
You don't really need a 7 year old knowing about bitcoin. I mean it's great for added knowledge and everything, but isn't a kid that age too young to think about earning money? Then again if the child is interested you can tell about it, but if not then why bother. I think its wiser to tell the blockchain technology when he or she is ready to apply it in the real world.
After researching a lot about thia bitcoin and its technology, i can say it in easiest way to understand by everyone i guess.
Bitcoin is a simplified eletronic codes under decentralized system and blockchain technology made by Satoshi Nakamoto couples of year ago to be a medium of exchange but unexpected happened, people start using it around the world and because of it being decentralize it possessed a high volatility and due to high demand its price is growing.
Bitcoin is a simplified eletronic codes under decentralized system and blockchain technology made by Satoshi Nakamoto couples of year ago to be a medium of exchange but unexpected happened, people start using it around the world and because of it being decentralize it possessed a high volatility and due to high demand its price is growing.
[https://medium.com/bitcoins-digital-currency/how-to-explain-bitcoin-to-a-7-year-old-a9a8c094feaf]
How to Explain Bitcoin to a 7-Year-Old
Or you can also watch this excellent video:
bitcoin 101: https://youtu.be/Bhe61JaNFLU
[/quote]How to Explain Bitcoin to a 7-Year-Old
Quote
I’ve been explaining how Bitcoins work since 2010. Here is the simplest analogy I’ve discovered that explains transactions, anonymity, and coin production.
There’s a room that anyone can access. The room has security cameras that anyone can view, and every second of recorded footage is available online forever.
The room is filled with indestructible piggy banks made of transparent plastic. Naturally, these piggy banks have coin slots, and everyone can see which coins are in which piggy bank. These piggy banks can never leave the room.
Each person has a key that can open their piggy bank. Let’s say I want to buy a pair of alpaca socks, and you want to sell them.
First, you tell me which piggy bank is yours. Then, I walk into the room with a ski mask on. Anyone in the world can see me on the security cameras, but not my face.
Next, I unlock my piggy bank, take some coins out, then put them into your locked piggy bank. I leave the room.
Now, everyone in the world knows that your piggy bank has coins that were previously in my piggy bank. This is the case with every transaction, so everyone knows the history of every coin.
“So where do the coins come from? How did it start? Who got the first coins?”
There’s a robot in the room that runs lotteries. Every so often, this robot randomly chooses a piggy bank in the room, and puts 50 coins in it. When it first started, there weren’t many piggy banks in the room since nobody knew about it. Back then, it was easy to win the lottery. Today, there are millions of piggy banks in the room, so your odds aren’t very good.
“Ok, couldn’t someone make their own fake coins?”
No, because everyone has records of every coin in the room, and they know when the robot hands new coins out. If a fraud were to put fake coins into his own piggy bank, everyone would know that those coins were never handed out by the robot, and wouldn’t accept them.
“Who made the robot..?”
Supposedly it was a super genius Japanese man named Satoshi Nakamoto, but nobody knows for certain. Since the security camera footage is available from 2009, we can see that the robot was putting coins into a piggy bank since day 1. We assume it’s Satoshi, but that’s about all we know.
“… Crazy.”
From Tony Diepenbrock IV on medium.There’s a room that anyone can access. The room has security cameras that anyone can view, and every second of recorded footage is available online forever.
The room is filled with indestructible piggy banks made of transparent plastic. Naturally, these piggy banks have coin slots, and everyone can see which coins are in which piggy bank. These piggy banks can never leave the room.
Each person has a key that can open their piggy bank. Let’s say I want to buy a pair of alpaca socks, and you want to sell them.
First, you tell me which piggy bank is yours. Then, I walk into the room with a ski mask on. Anyone in the world can see me on the security cameras, but not my face.
Next, I unlock my piggy bank, take some coins out, then put them into your locked piggy bank. I leave the room.
Now, everyone in the world knows that your piggy bank has coins that were previously in my piggy bank. This is the case with every transaction, so everyone knows the history of every coin.
“So where do the coins come from? How did it start? Who got the first coins?”
There’s a robot in the room that runs lotteries. Every so often, this robot randomly chooses a piggy bank in the room, and puts 50 coins in it. When it first started, there weren’t many piggy banks in the room since nobody knew about it. Back then, it was easy to win the lottery. Today, there are millions of piggy banks in the room, so your odds aren’t very good.
“Ok, couldn’t someone make their own fake coins?”
No, because everyone has records of every coin in the room, and they know when the robot hands new coins out. If a fraud were to put fake coins into his own piggy bank, everyone would know that those coins were never handed out by the robot, and wouldn’t accept them.
“Who made the robot..?”
Supposedly it was a super genius Japanese man named Satoshi Nakamoto, but nobody knows for certain. Since the security camera footage is available from 2009, we can see that the robot was putting coins into a piggy bank since day 1. We assume it’s Satoshi, but that’s about all we know.
“… Crazy.”
Or you can also watch this excellent video:
bitcoin 101: https://youtu.be/Bhe61JaNFLU
It is a nice explanation about bitcoin but it does not show why we need bitcoin in the first place, you will need to first explain the history of currencies and explain why the fiat system is a fraud and that is not something I know a seven year old kid can understand, if the kid is inclined to activities like logical puzzles you may have a chance he comprehends you but all other kids will struggle to understand you.
Well despite of the age of a person, we can convince and explain it to someone easily by just telling him how do we earn such profits in things that we do in the crypto world. Next, we must explain to them how it works and what circumstances is within the system using soft and understandable words. Lastly we must be oriented first about the multiple risks that is within it and how that risks turns out to be a profit.
That is right but i will also like to add that demonstrating what you have made out of bitcoin and how the network runs to the newbie is the best in my opinion. "Action speaks louder than words" and so should they understand how your mine runs or, your investment in bitcoin grows will, put them in the right understandable and enticing way to get involved.
first introduce him to the internet
let him understand the internet first, then we introduce bitcoin to them
we teach them how to mine, work, or trade?
but it's not possible for a child of their age, let them understand for themselves what bitcoin is and what its purpose is, as well as its usefulness
it takes a very long time of course
let him understand the internet first, then we introduce bitcoin to them
we teach them how to mine, work, or trade?
but it's not possible for a child of their age, let them understand for themselves what bitcoin is and what its purpose is, as well as its usefulness
it takes a very long time of course
i think almost all the people in the world are already know how to use the basics of internet such as moving the mouse and toggling the browser to open it and make use of it. teaching them to mine ,work or trade isnt really the basics of bitcoin anymore therfor i think your methods arent going to work , you should rather teach them simple ways such as how to create their bitcoin wallet and finding their own bitcoin address or recieveing and also for sending ,etc and so on.
Well despite of the age of a person, we can convince and explain it to someone easily by just telling him how do we earn such profits in things that we do in the crypto world. Next, we must explain to them how it works and what circumstances is within the system using soft and understandable words. Lastly we must be oriented first about the multiple risks that is within it and how that risks turns out to be a profit.
first introduce him to the internet
let him understand the internet first, then we introduce bitcoin to them
we teach them how to mine, work, or trade?
but it's not possible for a child of their age, let them understand for themselves what bitcoin is and what its purpose is, as well as its usefulness
it takes a very long time of course
let him understand the internet first, then we introduce bitcoin to them
we teach them how to mine, work, or trade?
but it's not possible for a child of their age, let them understand for themselves what bitcoin is and what its purpose is, as well as its usefulness
it takes a very long time of course
Explaining bitvoin is like explaining networking once you show huge earnings with proof like payout history or paychecks lots of people get interested but after they see the risk involved more than half of them will hold back. If you want someone to fully understand what btc is start from explaining it as digital currency before going to being storage of value and investment
The easiest way to teach bitcoin except involving money is that actual lessons how and what to do infront of the screen. Specially for those has a low memory to understand by reading and searching only. Its depends too how the people interested to learn about bitcoin. Its useless if you'll give your time for teaching when the people is not completely interested.
Learn bitcoin and blockchain by creating one.
Easy way to explain and teach bitcoin is only possible if one is fully aware about the origin; working; current status of it. In case I do not myself know completely about it I will not be able to explain it to others. Just deep knowledge about any issue makes man perfect teacher. A learned man with good command over language can be able to easily explain the issue to others.
But for becoming a good teacher we have to see the level / standard of the person whom we are supposed to talk about bitcoin. In case of a man who even never heard the name of bitcoin; we will have to be capable and efficient to be ready to become first standard or say class one teacher teaching alphabets first of all and followed by how to make words with these alphabets and afterwards how to make sentences with the help of these words. After one is fully aware about the language then he can understand mathematics; science; physics history etc and can gain full knowledge.
So in addition to having deep knowledge about the subject one must have the capability to check the standard of the person whom he is to teach. On the other hand a person having knowledge upto to graduation levels needs to be dealt with differently; and need not tell him alphabets.
But for becoming a good teacher we have to see the level / standard of the person whom we are supposed to talk about bitcoin. In case of a man who even never heard the name of bitcoin; we will have to be capable and efficient to be ready to become first standard or say class one teacher teaching alphabets first of all and followed by how to make words with these alphabets and afterwards how to make sentences with the help of these words. After one is fully aware about the language then he can understand mathematics; science; physics history etc and can gain full knowledge.
So in addition to having deep knowledge about the subject one must have the capability to check the standard of the person whom he is to teach. On the other hand a person having knowledge upto to graduation levels needs to be dealt with differently; and need not tell him alphabets.
First of all, make sure you have internet connection, second explain and teach how to provide email address, and third go to bitcoin website and register, after finished registered teaching again how to post and also how to join campaign, investing and trading. Lastly must provide a coin wallet for the salaries and income.
If you are going to explain it to a 7 yearold. Use words that can easily be undestand and use simile and metaphors like saving in a piggy bank. But 7 is still an early age so teach them first about the fiat system for them not to be shocked about cryptocurrency.
I believe that the easiest way to get a person to give your his attention when you want to explain bitcoin to him is to mention the money first. Make him believe he can get paid later when he starts working and you get his full attention. It's the same way i used it when i introduced bitcoin to a friend of mine. Then you start explaining the basic rules and information like the value of bitcoin and the use of bitcoin. It all comes easy if he wants to really learn. The most important thing is how to make him want to be a part of bitcoin community.
i so much agree with you money attract people so it's the best way to mention money first and so he/she will pay attention to you because it is so hard to discuss bitcoin if the person is not attentive or not paying attention. Also that person has the knowledge about computers. I've been introducing BITCOIN to my friends and i told them if they want to earn extra money they said yes but so that's it they are now interested in bitcoin.
I think the best way to explain and teach bitcoin is to let them experience it so they know what the benefits of bitcoin can be.
At the age of 7 years I think is not the right age to get to know about bitcoin or the blockchain technology. But if you want teach the kids, first they have to know what money is and what its uses. Dan should use words that are easy to understand, but the best way to make them understand is give them an example of how to use the cryptocurrency try to buy something with bitcoin.
Right. Because where evolving into high technology, I think letting our kids know the basic into BTC will be an advantage too. At their young age, they think that they're just playing into it but later on when they grow up, they will realize that their earning much. Teaching your kid into a simple way that's not confusing to them. The way that like your playing how to save money through BTC.
Just explain it to someone in the simplest words possible in a way that they can relate so that you can have the meeting of minds. Cryptocurrencies are new that's why there's a need for a careful explanation to it since a lot of news have been circulating and they are mostly focusing on the bad side. We know that media are biased since they are paid so those banks would spend a lot in order for the people to understand only the bad side of it and not thought on investing but people are smarter nowadays compared before because of social media so they cannot easily manipulate the news. Anyway, explaining it to someone may it be a 7 year old or not should always start with the basics and let them process it and let them ask a question so that we will know their train of thought.
Well i don't personally know about explaining it to a 7 year old but i can tell you when i explained it to my 8 year old daughter. I basically told her the basics of how there is only 21 million coins. I proceeded to tell her how just like with gold and diamonds, bitcoins have to be mined. Lastly i told her each wallet is like a bank vault and if you loose your private key you are screwed. She understood that and how it is secret money.
Just explain it to someone in the simplest words possible in a way that they can relate so that you can have the meeting of minds. Cryptocurrencies are new that's why there's a need for a careful explanation to it since a lot of news have been circulating and they are mostly focusing on the bad side. We know that media are biased since they are paid so those banks would spend a lot in order for the people to understand only the bad side of it and not thought on investing but people are smarter nowadays compared before because of social media so they cannot easily manipulate the news. Anyway, explaining it to someone may it be a 7 year old or not should always start with the basics and let them process it and let them ask a question so that we will know their train of thought.
I believe the saying that, experience is the best teacher. So, if we had the chance to get involve and experience Bitcoin, it might be the easiest way to learn about this type of virtual currency. There must be efforts for us to learn, such as doing research and timely updating ourself. I think these are the best way.
Well i don't personally know about explaining it to a 7 year old but i can tell you when i explained it to my 8 year old daughter. I basically told her the basics of how there is only 21 million coins. I proceeded to tell her how just like with gold and diamonds, bitcoins have to be mined. Lastly i told her each wallet is like a bank vault and if you loose your private key you are screwed. She understood that and how it is secret money.
Just explain it to someone in the simplest words possible in a way that they can relate so that you can have the meeting of minds. Cryptocurrencies are new that's why there's a need for a careful explanation to it since a lot of news have been circulating and they are mostly focusing on the bad side. We know that media are biased since they are paid so those banks would spend a lot in order for the people to understand only the bad side of it and not thought on investing but people are smarter nowadays compared before because of social media so they cannot easily manipulate the news. Anyway, explaining it to someone may it be a 7 year old or not should always start with the basics and let them process it and let them ask a question so that we will know their train of thought.
Through high technology nowadays I think explaining and teaching it for kids is a plus. Imagine us when we were kids, we learned to save our money by piggy bank. If a kid or your kid will somehow interested into BTC , why not let them do the basic too?
And for 7 years old the way on how they think are on playing and not in a way of how they may able to eqrn money better explanation also may not help so for me on a kid if igs may explaining this may not worth for.
Childs are very interesting creatures, sometimes they do understand the most complex things with a few words and vice versa for the basic things, so I guess it depends on child`s brain how to teach the btc to them.
You are right. Their minds are still innocent. Some of them can learn quickly, and vice versa. They are very specific and critical beings. So it would be better taught little by little about digitalization technology.Jump to: