Pages:
Author

Topic: Economic and finances start young Age Stablecoins (Read 420 times)

sr. member
Activity: 2296
Merit: 348
I don't understand why it's now so important to teach our children now about Stablecoins. There already some threads here that want us to teach our kids about crypto currencies and their benefits. It's important to educate kids and prepare them for an independent life, but in my opinion, this should be done more general and not specific to stablecoins. Why not teach them about money in general and how to be use different form of payments in a secure manner? We should be open about all the different types of currencies out there and let our children make their own choices.
I guess maybe because stable coins are like the traditional currency that we use IRL. But yeah you are right. There are also lots of threads which concerns about teaching our kids to get involved with crypto ( non-stable coins ). Any of them are important but it's only optional for a while since we may only waste time ( judging on the kids capacity to digest what they have learned ) which we can use better on a more important thing.

Don't get me wrong, if our children are interested and want to learn about it then we should encourage them and teach them about it. But if they are not interested in monetary topics like most kids that I know, it's hard to teach them. The problem with forcing ideas on to children that they not interested in is to make them hate it and never want to touch the topic.
Teaching kids is different from how we teach the adults. We need to use materials which kids love so that they will never be bored of the subject. Some might still dislike it but their interests can still change later on, so we shouldn't give up easily.
hero member
Activity: 1974
Merit: 534
So young people need to be teached how to use USDT USDC and other Stablecoins it's our duty to teach them so faster they adopt the faster all move into Full crypto economy

I don't understand why it's now so important to teach our children now about Stablecoins. There already some threads here that want us to teach our kids about crypto currencies and their benefits. Don't get me wrong, if our children are interested and want to learn about it then we should encourage them and teach them about it. But if they are not interested in monetary topics like most kids that I know, it's hard to teach them. The problem with forcing ideas on to children that they not interested in is to make them hate it and never want to touch the topic. It's important to educate kids and prepare them for an independent life, but in my opinion, this should be done more general and not specific to stablecoins. Why not teach them about money in general and how to be use different form of payments in a secure manner? We should be open about all the different types of currencies out there and let our children make their own choices.
legendary
Activity: 2044
Merit: 1018
Not your keys, not your coins!
Well it's not just stablecoins, but everything about crypto itself. There's just many to cover first before making your kids use any forms of crypto out there. The security, the risk, the methodologies, and the technical stuffs that they need to obtain first before keeping their hard-earned money into crypto.
Kids should not touch money too early as they can lose control and get distracted to many things in life. As kids, they must learn, focus on education and some soft skills that can be helpful for their life, interactions with other people. Money is not main thing and priority for kids when you are as parents want to educate them.

Cryptocurrency or Bitcoin can be taught to kids through funny games and I remembered there are some such games designed specifically for kids.

Quote
I don't think every parents out there are going to consider this though. It is each of their own at this case. There are parents that do not fancy tech stuff involving their money. My parents aren't really a fan of credit card and I was not able to use it til this day as I don't want to be in debt. Cheesy
Each generation will be exposed to one or some big evolution and they are familiar with it. Then when they get older, something new, new evolution appears but as the elderly, they struggle to learn new things, technologies and see it hardly to use those things for their life. We saw our parents like this and soon our kids will see us like this in future.
sr. member
Activity: 1610
Merit: 264
My friend Will send goverment wich one i don't say the project to start teaching young kids in School about future of Money.like TRON USDT TRC20
Crypto is future when Youngi generation will start learn about Stablecoins.
Teach all ready your kids to keep their trx balance up If they want to pay with USDT tron Stablecoins.
Once young generaton will adopt Stablecoins knowledge we get to going and rock.
Stablecoins are here to stay and Donald trump Will approve them for the. World.

So young people need to be teached how to use USDT USDC and other Stablecoins it's our duty to teach them so faster they adopt the faster all move into Full crypto economy
Well it's not just stablecoins, but everything about crypto itself. There's just many to cover first before making your kids use any forms of crypto out there. The security, the risk, the methodologies, and the technical stuffs that they need to obtain first before keeping their hard-earned money into crypto.

I don't think every parents out there are going to consider this though. It is each of their own at this case. There are parents that do not fancy tech stuff involving their money. My parents aren't really a fan of credit card and I was not able to use it til this day as I don't want to be in debt. Cheesy
legendary
Activity: 1946
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
You can feel your excitement, but the way you've put your words together is weird. In this case, TRON and USDT TRC20 are interesting topics. But you might be too hopeful to get your friend "Will" into the government (whatever that is) to push such an idea, don't you think?

I completely agree with your point that young people should learn about stablecoins. Without a question, the economy will become more focused on crypto in the future. There is, however, something strange and, oddly specific about the claim that Donald Trump will accept them for the world

What do you really think the educational system will look like? What safeguards should be in place to make sure that as young minds learn about stablecoins, they also learn about the risks and responsibilities that come with them?
sr. member
Activity: 882
Merit: 215
#SWGT CERTIK Audited
My friend Will send goverment wich one i don't say the project to start teaching young kids in School about future of Money.like TRON USDT TRC20
Crypto is future when Youngi generation will start learn about Stablecoins.
Teach all ready your kids to keep their trx balance up If they want to pay with USDT tron Stablecoins.
Once young generaton will adopt Stablecoins knowledge we get to going and rock.
Stablecoins are here to stay and Donald trump Will approve them for the. World.

So young people need to be teached how to use USDT USDC and other Stablecoins it's our duty to teach them so faster they adopt the faster all move into Full crypto economy

That's great but, is Bitcoin so annoying that we all do things like that? If you are a conservative investor and like to take your profits, then now might be a good time. So, is Bitcoin buying, selling or holding? Look at the USD which used to be stable and is now unstable and you can convert their bitcoins into cash too.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
Stable coins have a very real rival currently, namely CBDC. The government will definitely teach and encourage its people to use CBDC more. And one day we will definitely not be able to avoid using CBDC. It's just that I personally would also prefer to use stable coins. But about teaching children and families. I will do it at the right time. That is, when they need that insight one day. When they understand the value of money and how to maintain, save and invest. No need to rush. Because hasty steps will only scare them. And I'm quite sure that one day lessons related to digital money, including crypto, will be discussed in the school curriculum. Because knowledge related to crypto can no longer be contained. So there is no choice for the government but to teach it in the school curriculum. Maybe not now but it might happen in a few years.
I agree with you regarding your point on how rushing the younger ones to learn about the economy, finances, and digital currency (in this case, mostly about stable coins) might scare them. I've been pointing out how rushing such a thing can lead to an immediate loss of interest or pressure as it may still not fit the children's cognitive and mental capacity.

As for CBDC, I also agree with you here as it is truly most likely that the government will implement a formal setup of education or teaching regarding CBDC more than stable coins or any other cryptocurrency. The reason for this, according to David Edwards in his 2023 article, is due to how CBDC is handled by the nation's central bank (their value is stabilized and controlled by them). Hence, it is only natural that if the government were to introduce an educational module, subject, or course regarding digital currency it would be the one that the central bank handles, rather than one that they do not have any control over.

Link to the article, if you wanna know more about CBDC: eahttps://coinatory.com/cryptocurrency-articles/what-is-cbdc-and-how-it-impact-society-12394/?gclid=CjwKCAjw6p-oBhAYEiwAgg2Pgt8w1WjXyCQRTcl8kZXwebSjy849eBSmPOYhX39zTvu2Suis9D9__RoC7qcQAvD_BwE
sr. member
Activity: 770
Merit: 266
Payment Gateway Allows Recurring Payments
Stable coins have a very real rival currently, namely CBDC. The government will definitely teach and encourage its people to use CBDC more. And one day we will definitely not be able to avoid using CBDC. It's just that I personally would also prefer to use stable coins. But about teaching children and families. I will do it at the right time. That is, when they need that insight one day. When they understand the value of money and how to maintain, save and invest. No need to rush. Because hasty steps will only scare them. And I'm quite sure that one day lessons related to digital money, including crypto, will be discussed in the school curriculum. Because knowledge related to crypto can no longer be contained. So there is no choice for the government but to teach it in the school curriculum. Maybe not now but it might happen in a few years.
legendary
Activity: 1162
Merit: 2025
Leading Crypto Sports Betting & Casino Platform
I understand what you are saying, but young people shouldn't be forced to learn about cryptocurrencies. Instead, we should teach them about them when they are ready to do so, since no one should ever be forced to do anything in life. However, this kind of idea should be taught in contexts where it is accepted by the economy; we can't just start by teaching it in settings where the government has made it unlawful. Some communities which is not accepted may believe that you are about to impart harmful values on the next generation, so we should be aware of how to get into trouble.
Right now people still have the option to learn about bitcoin at their own rhythm, but how long is it going to take before this is not optional anymore and people must learn about this market?

Look at smartphones, not long ago you still had the option to not use one and no one cared about it, however they have become so ubiquitous that now is difficult to live your life normally if you do not have one and know how to use it, and soon enough that could become the reality as well when it comes to bitcoin.

Well, if you have been paying attention on where economics is moving forward, then you may realize that smartphones and Bitcoin are not quite that of a good comparison.

Smartphones are actually very useful for the status quo and governments around the world, it makes very easy for them to know where you are, who you are, what you like/dislike and even more. It has come to a point where phones know more about us than other people.

On the other hand, since Bitcoin does not serve the interest of those in power, governments and big banks around the planet are likely to try to stop the advance of Bitcoin by providing "alternatives" to the people who are yet to discover and learn about crypto. I am talking about the CBDCs, the centralized evil twin of Bitcoin.

It reminds me when I tried to explain Bitcoin to some friend on the internet and they simply said something like: "Oh, so it is like Paypal then?"

There is still a very long path ahead and centralized obstacles to overcome.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
I understand what you are saying, but young people shouldn't be forced to learn about cryptocurrencies. Instead, we should teach them about them when they are ready to do so, since no one should ever be forced to do anything in life. However, this kind of idea should be taught in contexts where it is accepted by the economy; we can't just start by teaching it in settings where the government has made it unlawful. Some communities which is not accepted may believe that you are about to impart harmful values on the next generation, so we should be aware of how to get into trouble.
Right now people still have the option to learn about bitcoin at their own rhythm, but how long is it going to take before this is not optional anymore and people must learn about this market?

Look at smartphones, not long ago you still had the option to not use one and no one cared about it, however they have become so ubiquitous that now is difficult to live your life normally if you do not have one and know how to use it, and soon enough that could become the reality as well when it comes to bitcoin.
full member
Activity: 504
Merit: 212
What else to say about bitcoin forum!  We all know bitcoin a is very reliable to invest. Everyone has  became rapidly in the world is involved with bitcoin.
 I hope our new generation will also get familiar with it very easily.  And we should inform our new generation about stablecoin,USDT,USDC also that can also useful in something in some cases. so that they can invest in it in right way.  But it should be communicated to them at the right time. 
We will not tell a minor child about this because they will not be able to bear it.  First of all we should educate children about economics.Also we can teach them to hold money in their wallets.

There wasn't any stablecoin a few years ago. What happens after that? We have seen the emergence of lots of stablecoin!

The development of DeFi applications requires stable assets that can provide a stable yield for their users. Stablecoin can be beneficial for the DeFi application, but for the bitcoin-centric marketplace, it's just a mirror version of Fiat. Most of these stablecoins won't survive due to hard regulation and not enough dapps to fuel them. We should educate our generation of bitcoin, its history, technology and potential. Learning about stablecoin is not as appealing as bitcoin.
sr. member
Activity: 602
Merit: 306
My friend Will send goverment wich one i don't say the project to start teaching young kids in School about future of Money.like TRON USDT TRC20
Crypto is future when Youngi generation will start learn about Stablecoins.
Teach all ready your kids to keep their trx balance up If they want to pay with USDT tron Stablecoins.
Once young generaton will adopt Stablecoins knowledge we get to going and rock.
Stablecoins are here to stay and Donald trump Will approve them for the. World.

So young people need to be teached how to use USDT USDC and other Stablecoins it's our duty to teach them so faster they adopt the faster all move into Full crypto economy

I understand what you are saying, but young people shouldn't be forced to learn about cryptocurrencies. Instead, we should teach them about them when they are ready to do so, since no one should ever be forced to do anything in life. However, this kind of idea should be taught in contexts where it is accepted by the economy; we can't just start by teaching it in settings where the government has made it unlawful. Some communities which is not accepted may believe that you are about to impart harmful values on the next generation, so we should be aware of how to get into trouble.
hero member
Activity: 3164
Merit: 675
www.Crypto.Games: Multiple coins, multiple games
People already know enough about the use of stablecoins. USDT or usdc are generally considered virtual dollars. Those who are involved in cryptocurrencies have enough knowledge about USDT or USDC. USDT or usdc is used by people as an alternative to cash. There are some users who also use these stub coins as their savings. However, instead of using a stable coin, you should use a coin that allows you to save and invest together. The value of stablecoins is always immutable the value of coins will never decrease or increase. Bitcoin can be a much better alternative than stablecoins as there will be a possibility of money growth along with the transaction facility through Bitcoin.
I do not agree that they are virtual dollars, if CBDC ever gets created by the USA government, that could potentially be a good virtual dollar, but this is more like IOU type of thing, (means I owe you) and you get dollar worth of digital things, but you trust a company and not a government.

So, if that company comes in and says that they are bankrupting, or just steal your money, there is nothing that you can do about it. They just took what is real, a dollar, which actually has a response in the financial institutes, and instead gave people something they said has the same value, but there is no proof of it, you just do it until they steal it. This is why I do not trust them and would never consider them legit.
legendary
Activity: 2044
Merit: 1075
Leading Crypto Sports Betting & Casino Platform
Is your country still don't have any digital fiat or mobile banking? I really doubt it.

Stable coin or digital fiat are only a payment mechanism, it's not something you get a lot money when you already understand and use stable coin. Even there's a country accept every cryptocurrencies as legal tender, if you're not working you will not make any money and you're be a rubbish for your country.
I believe that even the poorest of the poorest country have their own banks, so therefore they also have a mobile/online banking. Digital fiat are also a thing in this era so they might also have it.

You have a point there about stable coin and digital fiat but once we already have a knowledge on them, things are now going to be easy for us to earn these because there are now money making apps which pays using them. Same when we learn Bitcoin and Crypto, it then unlock a lot of possibilities or opportunities. Crypto being adopted as a legal tender are again won't directly give us a free crypto but it can also unlock possibilities or opportunities which can help us earn a crypto.
legendary
Activity: 1708
Merit: 1280
Top Crypto Casino
Why just the stablecoins if you can teach them related to finance, savings, budgeting, etc. stablecoins are just the same as the other currency coins better to let them know more about the market because this helps them enlighten what the real world with a good cashflow and savings can achieve the financial freedom. Also, crypto is better to focus with the Bitcoin first so they understand the other coin you want to introduce.
sr. member
Activity: 1386
Merit: 406
People already know enough about the use of stablecoins. USDT or usdc are generally considered virtual dollars. Those who are involved in cryptocurrencies have enough knowledge about USDT or USDC. USDT or usdc is used by people as an alternative to cash. There are some users who also use these stub coins as their savings. However, instead of using a stable coin, you should use a coin that allows you to save and invest together. The value of stablecoins is always immutable the value of coins will never decrease or increase. Bitcoin can be a much better alternative than stablecoins as there will be a possibility of money growth along with the transaction facility through Bitcoin.
hero member
Activity: 854
Merit: 663
Economic and finance start when you start to invest in Bitcoin or your own business.

If you invest in stock, you're just make someone business become big and they're making a lot profit from you. If you invest in gold, you will make the government become rich since they control most of gold.

But, if you invest in Bitcoin, no one is manipulating the price. If you invest in your own business, it will make your business become bigger and you will earn more money.
full member
Activity: 896
Merit: 117
PredX - AI-Powered Prediction Market
In my opinion, maybe somehow it will cause a little confusion among children below 12 years old. This is just my opinion. But for young people who are 13 years old and above, maybe they can be explained the basic usage of stablecoins such as USDT or USDC, which are almost the same as the dollar, that can be used for payment depending on the merchants who accept stablecoins, which are cryptocurrency. Just teach the young people little by little and don't jump right into this matter of cryptocurrency or stablecoins.
hero member
Activity: 1036
Merit: 933
Find your Digital Services at- cryptolibrary.pro
What else to say about bitcoin forum!  We all know bitcoin a is very reliable to invest. Everyone has  became rapidly in the world is involved with bitcoin.
 I hope our new generation will also get familiar with it very easily.  And we should inform our new generation about stablecoin,USDT,USDC also that can also useful in something in some cases. so that they can invest in it in right way.  But it should be communicated to them at the right time. 
We will not tell a minor child about this because they will not be able to bear it.  First of all we should educate children about economics.Also we can teach them to hold money in their wallets.
member
Activity: 181
Merit: 39
My friend Will send goverment wich one i don't say the project to start teaching young kids in School about future of Money.like TRON USDT TRC20
Crypto is future when Youngi generation will start learn about Stablecoins.
Teach all ready your kids to keep their trx balance up If they want to pay with USDT tron Stablecoins.
Once young generaton will adopt Stablecoins knowledge we get to going and rock.
Stablecoins are here to stay and Donald trump Will approve them for the. World.

So young people need to be teached how to use USDT USDC and other Stablecoins it's our duty to teach them so faster they adopt the faster all move into Full crypto economy

Why do I have the feeling that this forum user is an alt account of another guy, who was spamming the Economics forum with posts about stablecoins and especially the Tron blockchain. Is this an alt account of the forum user Shortmaster? Just take a look at Shortmaster's posts-all of them are a bunch of nonsense about stablecoins and praising the Tron blockchain. I don't know what's the purpose of the guy, who is behind those two forum accounts. Is he getting paid for writing a bunch of low quality posts here? I don't think so. Is he trolling? Probably yes.
That's the  same name that popped up in my head the moment I read his posts but I just didn't have enough evidence to call him out on it. Shortmaster and this guy have the same post pattern and they have a penchant for making ridiculous claims. There's another user I've seen with this kinda behavior... Roll Eyes Gosh, I can't remember his name!
I just feel there should be a rule put in place to automatically ban such who just come and spew rubbish here, but that would be restricting their rights to a freedom of speech, yeah?.
Pages:
Jump to: