Exposure to bitcoin at young age - page 5.

peter0425

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Quote from: Nothingtodo on May 28, 2024, 06:43:38 PM

Since children and adolescents have ample study time at primary level and secondary level, this time should be limited to studies and not spent on other activities.

I agree that children should only focus on studying as much as they can however I think letting them know about bitcoin gives them another opportunity or another path of career. They might figure out later on that they might be interested in finance or in technology.

Let’s also not forget that not all children are able to finish their studies. By giving them a chance to learn about bitcoin, they can learn how to invest and finally make a living of their own.

pinggoki

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It is a good thing, teaching children financial responsibility at such a young age is a crucial thing especially at this day and age where every cent of the dollar matters, better start them you in things that would make them a well to do adult in the near future, that's just how it is, not to mention that most things that you taught when you were a kid will the ones that would have a long lasting impression so better to teach them all that they need to teach now that they're a kid rather than wait for them to become an adult or young adult where more information are coming from different sources. Teaching a kid about bitcoin and many other financial responsibility at a young age basically sets that kid to a life that's liberating in terms of finances.

Magic-Money

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Information is very powerful and it takes courage and knowledge to understand cryptocurrency industries. Hence the information are passed to younger once at early age of life that family responsibility has not start, while investing in Bitcoin hold for a longer time makes more profits and Bitcoin keep increasing mostly every four years after Bitcoin halving has occur. Therefore the younger ones has a lot advantage of Bitcoin.

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Quote from: Ben Barubal on May 29, 2024, 01:26:28 AM

I don't see anything wrong if the child becomes aware of the Bitcoin concept at a young age, I am my son who will immediately be aware of Bitcoin and cryptocurrency at the age of 9 years old. I will immediately give him familiarity here in the crypto business industry where I live.

We are in modern technology, so it is only right to educate the children immediately in these digital currencies so that they are aware and this is the adoption that is happening in every country in the whole world today actually.

I agree, but for 9-year-olds, you should introduce basic things first, and it can be in the form of short film videos, such as animated films, which are certainly very popular for their age when watched because at that time they were still in childhood, not yet entering adolescence.

It is better to provide understanding like those who are 17 years old and over make the portion closer to practicing it directly can also be, for example how to create wallets, deposits and WD. For other technicalities it will be dynamic by itself.

Forever101

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Exposure at young age does make a good difference to learning by experience however the most important thing is exposing yourself to bitcoins with financial strength to take on the journey. Most young person have the knowledge on how it works but do have the financial strength to start it.
Exposure at young age should not be mistaken for children. Exposing children might be dangerous to their mental wellbeing.

Ben Barubal

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Quote from: arhipova on May 26, 2024, 10:18:53 AM

Do you think that exposure to bitcoin at an young age is a good thing in general ? I feel it should be taught based on individual personality and not to very young guy. This is because all young guys might not be responsible enough to invest and track with patience at young age. However, those who have the required patience can make very high returns on their investment by investing at an young age. So, which side are you in this aspect ? Do you feel that all young guys should be informed and educated about bitcoin ?

I don't see anything wrong if the child becomes aware of the Bitcoin concept at a young age, I am my son who will immediately be aware of Bitcoin and cryptocurrency at the age of 9 years old. I will immediately give him familiarity here in the crypto business industry where I live.

We are in modern technology, so it is only right to educate the children immediately in these digital currencies so that they are aware and this is the adoption that is happening in every country in the whole world today actually.

Strongkored

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Quote from: arhipova on May 26, 2024, 10:18:53 AM

Do you think that exposure to bitcoin at an young age is a good thing in general ? I feel it should be taught based on individual personality and not to very young guy. This is because all young guys might not be responsible enough to invest and track with patience at young age. However, those who have the required patience can make very high returns on their investment by investing at an young age. So, which side are you in this aspect ? Do you feel that all young guys should be informed and educated about bitcoin ?

Young people don't even need to be told about Bitcoin, they already know it directly because all information is now very open as long as they have access to the internet, there is already a lot of information about Bitcoin available, for young people talking about Bitcoin technology can be more interesting than about Bitcoin which can be used as an investment because the price can rise, only young people whose finances are stable will be interested in talking about Bitcoin which can be an investment option, but young people who still have to struggle to achieve good finances may not be interested because it is one of the things that must be achieved before starting an investment is financially stable.

Minor Miner

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Quote from: cryptoWODL on May 28, 2024, 07:13:44 PM

Quote from: arhipova on May 26, 2024, 10:18:53 AM

Do you feel that all young guys should be informed and educated about bitcoin ?

Yes I think that young people should be informed and educated about Bitcoin from a young age. Because young people decide from a young age in which direction they will direct their future. If they direct their future in the right direction, their future will be bright. And if they decide to follow the wrong path, their future will be dark. Similarly if they choose Bitcoin to brighten their future then it will be the best method for them.
If someone is experienced and invested in Bitcoin from a young age then he will have a lot of time in the future to invest in Bitcoin and learn about Bitcoin. Young age is the age of seeking knowledge. But we can't force young people to learn about Bitcoin, we have to make them interested in learning on their own accord.

I support introducing and educating young people about bitcoin, but I think that orienting young people is not simple and we should not only focus on bitcoin. Instead, if we intend to introduce bitcoin to them, why don't we provide them with financial knowledge so they can have a more general view? If we only focus on introducing bitcoin to them, it can be a double-edged sword if we do not manage and monitor it closely because the line between investment and gambling is very thin. Have you ever thought about the scenario where they will also invest in bitcoin but they don't hold it for long and get into futures trading or ponzi projects?

Furthermore, bitcoin is not the only way to make money in this world, so we should introduce them to many different ways to make money and let them choose the most suitable path for themselves. And we should educate them about the financial sector instead of just introducing them to bitcoin.

Bd officer

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Quote from: arhipova on May 26, 2024, 10:18:53 AM

Do you think that exposure to bitcoin at an young age is a good thing in general ? I feel it should be taught based on individual personality and not to very young guy. This is because all young guys might not be responsible enough to invest and track with patience at young age. However, those who have the required patience can make very high returns on their investment by investing at an young age. So, which side are you in this aspect ? Do you feel that all young guys should be informed and educated about bitcoin ?

In my opinion those who are studying should not invest in Bitcoin, as the thought of investing may harm their studies. It may be better to teach people about Bitcoin who are not yet earning, because they will be able to invest Bitcoin easily once they start earning. Now those who are young who are still studying, where will the income come from? How will they invest? However, investing in Bitcoin requires a long time hold, which young people cannot earn so much and hold for a long time. So it is good to be educated about Bitcoin at a young age but should not invest if there is no income.

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Quote from: Nothingtodo on May 28, 2024, 06:43:38 PM

Quote from: arhipova on May 26, 2024, 10:18:53 AM

Do you think that exposure to bitcoin at an young age is a good thing in general ? I feel it should be taught based on individual personality and not to very young guy. This is because all young guys might not be responsible enough to invest and track with patience at young age. However, those who have the required patience can make very high returns on their investment by investing at an young age. So, which side are you in this aspect ? Do you feel that all young guys should be informed and educated about bitcoin ?

Below a certain age limit, I think it is generally better not to scrutinize these things, especially those who are primary level students are generally better not to get knowledge about this bitcoin blockchain technology, but if they really want to know, they can but Avoid investing completely. Since children and adolescents have ample study time at primary level and secondary level, this time should be limited to studies and not spent on other activities.

For elementary level students, of course it is not the time for them to gain knowledge about blockchain and I don't think they will want to learn about it because at their age they only think about playing and learning lessons at school, if they often see the activities we do about investment and they ask questions. about what we do, we can explain it slowly to them but never force them to learn about it, because it's not yet time for them to think about the investment.

cryptoWODL

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Quote from: arhipova on May 26, 2024, 10:18:53 AM

Do you feel that all young guys should be informed and educated about bitcoin ?

Yes I think that young people should be informed and educated about Bitcoin from a young age. Because young people decide from a young age in which direction they will direct their future. If they direct their future in the right direction, their future will be bright. And if they decide to follow the wrong path, their future will be dark. Similarly if they choose Bitcoin to brighten their future then it will be the best method for them.
If someone is experienced and invested in Bitcoin from a young age then he will have a lot of time in the future to invest in Bitcoin and learn about Bitcoin. Young age is the age of seeking knowledge. But we can't force young people to learn about Bitcoin, we have to make them interested in learning on their own accord.

Nothingtodo

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Quote from: arhipova on May 26, 2024, 10:18:53 AM

Do you think that exposure to bitcoin at an young age is a good thing in general ? I feel it should be taught based on individual personality and not to very young guy. This is because all young guys might not be responsible enough to invest and track with patience at young age. However, those who have the required patience can make very high returns on their investment by investing at an young age. So, which side are you in this aspect ? Do you feel that all young guys should be informed and educated about bitcoin ?

Below a certain age limit, I think it is generally better not to scrutinize these things, especially those who are primary level students are generally better not to get knowledge about this bitcoin blockchain technology, but if they really want to know, they can but Avoid investing completely. Since children and adolescents have ample study time at primary level and secondary level, this time should be limited to studies and not spent on other activities.

Dzwaafu11

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Quote from: arhipova on May 26, 2024, 10:18:53 AM

Do you think that exposure to bitcoin at an young age is a good thing in general ? I feel it should be taught based on individual personality and not to very young guy. This is because all young guys might not be responsible enough to invest and track with patience at young age.

Early exposure to bitcoin cannot affect a child, in my opinion, because knowing about bitcoin and investing in bitcoin are different things, so you should not combine them together. If a child knows about bitcoin at an early age, I think he will gain more experience and knowledge about the currency than someone who has grown up will later learn about it.

So, OP, just know that learning about bitcoin doesn't mean that you will invest in it the same time you learn about the currency. and normally the main purpose of Bitcoin is not investment, so even if a young child learns it as a currency, it is still not bad. If he grows up and wishes to invest, he will easily do that since he already has the knowledge from his young age.

Quote

However, those who have the required patience can make very high returns on their investment by investing at an young age. So, which side are you in this aspect? Do you feel that all young guys should be informed and educated about bitcoin?

In this community, most people are already aware that investing for a long time will bring a desirable result, but at a young age, investing will not be a bad decision. But when you are very young, investing may be difficult for you due to how the risk works, but when you are ready to take it, it is still a normal thing to do.

Silberman

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Quote from: arhipova on May 26, 2024, 10:18:53 AM

Do you think that exposure to bitcoin at an young age is a good thing in general ? I feel it should be taught based on individual personality and not to very young guy. This is because all young guys might not be responsible enough to invest and track with patience at young age. However, those who have the required patience can make very high returns on their investment by investing at an young age. So, which side are you in this aspect ? Do you feel that all young guys should be informed and educated about bitcoin ?

You are talking about two different things, one thing is to let a young person to know more about bitcoin and how it works, and it is a completely different thing to allow a minor to invest in it, the former is fine as long as it is part of an overall strategy to teach them more about how the economy works, while the latter is a big mistake as such a young person should not be investing to begin with, since it is unlikely they are even investing money they earned by themselves.

Dunamisx

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Quote from: arhipova on May 26, 2024, 10:18:53 AM

Do you think that exposure to bitcoin at an young age is a good thing in general ?

Early awareness to Bitcoin is very important because it will help in achieving the required informations on cryptocurrency, this will also help in making them quickly get used to the way they should go about it in cryptocurrency, it had been observed at early age, young ones can easily get all their required expectation in learning what the desired for.

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Quote from: arhipova on May 26, 2024, 10:18:53 AM

Do you think that exposure to bitcoin at an young age is a good thing in general ? I feel it should be taught based on individual personality and not to very young guy. This is because all young guys might not be responsible enough to invest and track with patience at young age.

This is the same teaching our kids how to deposit money in the bank or save it on their own at a very young age. This very practice is going to teach them how to be savvy with their money that they have. In the long run, this is going to give them the disicipline on how they're going to keep their money.

Quote from: arhipova on May 26, 2024, 10:18:53 AM

However, those who have the required patience can make very high returns on their investment by investing at an young age. So, which side are you in this aspect ? Do you feel that all young guys should be informed and educated about bitcoin ?

Don't think of the returns yet, start with the discipline that it should be on their thoughts that investing is an essential thing to do. And regardless of age, you can be an investor. It's probably just a bonus that you'll tell them to invest in BTC and get to know it while they are at a young age because not every kid has this kind of opportunity to know about it at their age.

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Quote from: arhipova on May 26, 2024, 10:18:53 AM

Do you think that exposure to bitcoin at an young age is a good thing in general ? I feel it should be taught based on individual personality and not to very young guy. This is because all young guys might not be responsible enough to invest and track with patience at young age. However, those who have the required patience can make very high returns on their investment by investing at an young age. So, which side are you in this aspect ? Do you feel that all young guys should be informed and educated about bitcoin ?

I won't deny that they should be taught about Bitcoin from their school itself but teaching about blockchain technology or how Bitcoin work will not really bring any difference in the main scale, first we need to start with the curriculum of How money works?, which is what apparently hidden from people to know even if they excel in academic which is either made purposely by the government for people to not understand this so they can keep printing money or the academic system didn't evolve at all.

Bravut

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Quote from: target on May 28, 2024, 11:13:12 AM

Try exposing the kid to altcoins first if you don't like him expose him to BTC yet. The kid will learn more about how blockchain works just as how BTC works. He will still learn about BTC even when he isn't holding Bitcoin.

No need to expose the kid/teen to altcoin first, the teen need understand about Blockchain and Bitcoin in particular.
Teach them while they are still young, no need to hide the information from, the subject Bitcoin isn't a new concept again even the younger generation now do transactions with it and have more exposure than some of us. Financial Knowledge is very important and the best means is incorporating the idea into our children at early age, no need to talk about patience and the likes OP, those are secondary with your guidance and primary information they will stick to it. The attributes you mentioned, some investors don't have, overtime all will fall in place.

The last thing I will do when I have kids is to shade them away from Financial and Relationship Informations.

target

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Try exposing the kid to altcoins first if you don't like him expose him to BTC yet. The kid will learn more about how blockchain works just as how BTC works. He will still learn about BTC even when he isn't holding Bitcoin.

A kid having a piece of knowledge about Bitcoin and blockchain will be more knowledgeable when it comes to discussion with his friends. This will make him impressive in school as well.

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Youth can be of very different age groups, and individual children can also be different in terms of their curiosity, knowledge, and level of understanding. I think children should be taught about money, and Bitcoin can be a part of that basic knowledge about money (so, Bitcoin can be taught but not as an investment). As for investments, they should be taught to young adults or perhaps high school students, but taught in general, accounting for risks and just explaining the mechanics of it, so to speak, without encouraging to invest.

Topic: Exposure to bitcoin at young age - page 5. (Read 985 times)