Giving out to promote Bitcoin - page 2.

ancafe

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Quote from: taufik123 on June 09, 2023, 03:19:51 AM

As a teacher, you have to set a good example and provide knowledge that they have not learned such as how to invest in crypto.
If this knowledge about Bitcoin is sustainable, of course, they will gain full knowledge and will be the knowledge needed when they grow up.

But about the risks that will occur of course must be told too.
Make sure they know what risks will occur so that they can be more vigilant and not get caught in mistakes that will make them experience losses.

In the world of education it is not obligatory to teach things like this to students because they have their own curriculum in teaching, but in my opinion a teacher also needs to introduce investments outside of daily study hours to their students. This will foster self-confidence for them in facing life's challenges which are increasingly difficult to get a job after they graduate from education. However, this must be done on an ongoing basis so that they can be consistent in continuing to invest even if they use smaller capital.

If the teacher is able to teach them consistently and also impart knowledge about the risks that will occur, then I'm sure their knowledge of investing will develop in the future. But if it only stops at the prizes given, then teachers will fail to educate their students in investing in bitcoin and crypto in general.

serjent05

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Quote from: lixer on June 08, 2023, 11:53:21 AM

Quote from: ektotanes on April 14, 2023, 03:37:10 AM

I think you are a really good and kind person who wants to help people. The most important thing is that they really understand what they are dealing with, and not just get free money and forget about it.

I don't think that $5 is a lot of money even if you are from a third-world country, but as long as you are getting it for doing nothing, why not? And it is a pretty good idea to incentivize people to learn about Bitcoin and cryptocurrencies because humans tend to focus more on things that they know will benefit them whether in the short run or in the long run. Learning now and getting paid about $5 and then benefitting from the technology in the future is like a win-win situation.

@OP gives $20 to 5 students, which is big money for a student especially when they are in a developing country. It can provide them funds for their school activities and or buy school supplies from it. But I hope they hodl those BTC for years so that it can give a huge impact on their finance.

Quote from: lixer on June 08, 2023, 11:53:21 AM

I'm pretty sure that those who got $5 each for answering simple quiz questions about Bitcoin will tell their friends and families about the money they've won and how they've won it, and even if it's a small effort, it will surely enlighten some people about Bitcoin's existence.

Not only that, I think they will feel fulfilled because after learning about Bitcoin, they are now having it on their non-custodial wallet. I believe that motivation of giving a reward have huge impact on the interest in Bitcoin of those students

speeder

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Maximum people now know about the use of Bitcoin. Bitcoin is a hot topic right now. Still, there are some things that people still don't know about Bitcoin. But it is assumed that within a very short time every person will understand and know about the use of Bitcoin. In the promotion of Bitcoin, products with the Bitcoin logo can now be seen in many places in Gramganj. A few days ago in a football tournament of our Matiar Rahman Sporting Club, the champion team was awarded with bitcoins. Thousands of people applauded the award there

SOKO-DEKE

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Quote from: Edcrypto91 on April 09, 2023, 05:31:47 PM

Happy Easter everyone
Today I gave out $20 to 5 random high school students each in a WhatsApp group after of course enlightening them about Bitcoin and conducting a quiz for them I did this in hopes of trying to assist in developing the Bitcoin ecosystem although it's of small impact
I sent the Bitcoin to Thier noncustodial wallet and also enlightened them on how to manage Thier wallet
What do you think!?

Seriously, you have done something great by raising awareness of Bitcoin. I believe this may help increase the rate of Bitcoin adoption. This role you played by giving out gifts is something great, and this is one of the ways to encourage people to be serious in whatever they do, especially students. This makes me remember that time when I was in primary school, my parents always gave me gifts based on my performance, and with this, I took my studies very seriously and always put in more effort so that I would get more rewards from my parents. So encouraging people with gifts makes them put more effort into whatever they are doing. You have it more than my expectation op because giving out gifts it is not something easy, it is be done by gifted heart, because they are a lot of people cannot do you have done.

Z390

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This is a good way to capture the mind of people that don't know much about Bitcoin, in my country 20$ is a lot of money, and that will make the lucky student to start getting curious about Bitcoin.

I had a problem confusing people to invest in Bitcoin, maybe I should apply such a strategy? It looks good honestly.

But, what if they sell their Bitcoin and move on? People need money very fast these days, they don't care much about where it's coming from, and they will gladly exchange that Bitcoin for Fiat, have you thought about this too?

Smack That Ace

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Quote from: lixer on June 08, 2023, 11:53:21 AM

Quote from: ektotanes on April 14, 2023, 03:37:10 AM

I think you are a really good and kind person who wants to help people. The most important thing is that they really understand what they are dealing with, and not just get free money and forget about it.

I don't think that $5 is a lot of money even if you are from a third-world country, but as long as you are getting it for doing nothing, why not? And it is a pretty good idea to incentivize people to learn about Bitcoin and cryptocurrencies because humans tend to focus more on things that they know will benefit them whether in the short run or in the long run. Learning now and getting paid about $5 and then benefitting from the technology in the future is like a win-win situation.

I'm pretty sure that those who got $5 each for answering simple quiz questions about Bitcoin will tell their friends and families about the money they've won and how they've won it, and even if it's a small effort, it will surely enlighten some people about Bitcoin's existence.

Five dollars isn't much, but would you or anyone else do it? I bet there won't be many people brave enough to do what the OP is doing, even spending a dime to do it won't have too many people doing it because they always think it's not profitable what's good for them? This idea is interestinga, but is giving each person $5 necessary? What if they don't get 5$? I mean, I'm afraid it will form a bad habit in those kids, they always ask for money every time we ask them to do something. I know OP's intentions are good, both want bitcoin to become popular and want children to be exposed and know about bitcoin, but attaching monetary rewards is not advisable.

Sim_card

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You are such a nice person who knows how to motivate people to learn bitcoin from your give away. I was wondering if it will be possible to those students to continue with the learning of bitcoin,if you don't keep on checking on them and encouraging them on it. I will love to do something like this from my own end bit the truth is that I am the shy time and hardly get along with children. This is the challenge that I have but I will try to see how I can help spread bitcoin awareness in my own way. I hope you let them know the implications of them exposing their private keys to someone and how back up their seed phrase
Nice inspiration.

taufik123

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Quote from: Sebas.tian on June 08, 2023, 10:27:30 PM

I think, you are doing a great job that will make people around your environment to love you as a good man or woman in the society because what you did to all those students by giving them $20,000, it will make them to do everything possible within their power to have the knowledge of Bitcoin.
-snip-

I will correct your point with $20,000, that's too much man, the OP just said $20 for 5 random students.
If a teacher gave $20,000 in Bitcoin it would be amazing.
But in fact, it's only $20 and that's so they can learn to invest in Bitcoin starting from a small nominal.

Quote from: ancafe on June 09, 2023, 02:49:41 AM

Quote from: Edcrypto91 on April 09, 2023, 05:31:47 PM

I sent the Bitcoin to Thier noncustodial wallet and also enlightened them on how to manage Thier wallet
What do you think!?

Great start for them and you are a teacher they will remember as they grow up, but there are some things you have to control and preferably it is sustainable for them to buy more bitcoins.

As a teacher, you have to set a good example and provide knowledge that they have not learned such as how to invest in crypto.
If this knowledge about Bitcoin is sustainable, of course, they will gain full knowledge and will be the knowledge needed when they grow up.

But about the risks that will occur of course must be told too.
Make sure they know what risks will occur so that they can be more vigilant and not get caught in mistakes that will make them experience losses.

ancafe

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Quote from: Edcrypto91 on April 09, 2023, 05:31:47 PM

Today I gave out $20 to 5 random high school students each in a WhatsApp group after of course enlightening them about Bitcoin and conducting a quiz for them I did this in hopes of trying to assist in developing the Bitcoin ecosystem although it's of small impact

Small things are quite useful when done with sincerity, giving $ 20 to five people is a noble act even though small it will be very useful when the student can take advantage, but there is a lot of work that you have to do and if you want to see them succeed in bitcoin . It has to be ongoing and they have to try to invest bitcoins with the money they have and teach them the ways they can choose to collect bitcoins.

Because they are still students their capital automatically must be very minimal and their involvement in bitcoin doesn't have to stop just because they don't have the money to buy it, teach them DCA and maybe this is a step they can take.

Quote from: Edcrypto91 on April 09, 2023, 05:31:47 PM

I sent the Bitcoin to Thier noncustodial wallet and also enlightened them on how to manage Thier wallet
What do you think!?

Great start for them and you are a teacher they will remember as they grow up, but there are some things you have to control and preferably it is sustainable for them to buy more bitcoins.

Onyeeze

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Quote from: Edcrypto91 on April 09, 2023, 05:31:47 PM

Happy Easter everyone
Today I gave out $20 to 5 random high school students each in a WhatsApp group after of course enlightening them about Bitcoin and conducting a quiz for them I did this in hopes of trying to assist in developing the Bitcoin ecosystem although it's of small impact
I sent the Bitcoin to Thier noncustodial wallet and also enlightened them on how to manage Thier wallet
What do you think!?

This is courageous because the $20 worth of bitcoin you are giving them will make them to have a good interest, it's good idea to convince someone to know Bitcoin with this method, if everyone should act on this and teach people of bitcoins you are going to win more souls for Bitcoin because the world like practical seen and believing before they can fully believe you, so that's what kind of things we need, i have not gotten more bitcoin and other cryptocurrency much I would have done giveaway BTC in my environment, since I implement payment system of Bitcoin in my business many people has coming close to me to teach them bitcoin, so I believe that Bitcoin is dominating by people having much interest to know Bitcoin

Sebas.tian

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I think, you are doing a great job that will make people around your environment to love you as a good man or woman in the society because what you did to all those students by giving them $20,000, it will make them to do everything possible within their power to have the knowledge of Bitcoin. I believe with time Bitcoin users will improve in your society because many Bitcoin users in that area will like to support the good work you are doing to promote Bitcoin in the society which is a good thing to humanity. I hope you teach them how to keep their Bitcoin safe from scammers, because the moment they expose their personal details in public and their money will be at risk at the moment.

lixer

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Quote from: ektotanes on April 14, 2023, 03:37:10 AM

I think you are a really good and kind person who wants to help people. The most important thing is that they really understand what they are dealing with, and not just get free money and forget about it.

I don't think that $5 is a lot of money even if you are from a third-world country, but as long as you are getting it for doing nothing, why not? And it is a pretty good idea to incentivize people to learn about Bitcoin and cryptocurrencies because humans tend to focus more on things that they know will benefit them whether in the short run or in the long run. Learning now and getting paid about $5 and then benefitting from the technology in the future is like a win-win situation.

I'm pretty sure that those who got $5 each for answering simple quiz questions about Bitcoin will tell their friends and families about the money they've won and how they've won it, and even if it's a small effort, it will surely enlighten some people about Bitcoin's existence.

umbara ardian

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You are doing a good deed, no matter how small, by showing your love for cryptocurrencies by educating your kids about bitcoin. Moreover, you do not give in a completely free way, but you have to answer the question to receive the reward. This really encourages them to study and work on the answers. With such efforts, the reward is completely deserved. So let's promote this more; consider this action to spread to others as a beautiful action that should be continued to be promoted.

greek_hephaestus

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Quote from: Freddie Boyer on June 06, 2023, 09:54:15 PM

Yes, Good job and Good Inisiation. I think that it's a great initiative to give out Bitcoin to high school students and enlighten them about the benefits of cryptocurrency. By conducting a quiz and explaining how to manage a noncustodial wallet, you are helping to educate the next generation about the future of money. With the growing popularity and acceptance of Bitcoin, it's important to promote its use and adoption. Even if the impact is small, every little bit helps in developing the Bitcoin ecosystem. It's a positive step towards creating a more financially inclusive and decentralized world.

spread about bitcoin awareness and to youth generation to how react with responsibility I know that in every good action, there is also a corresponding opposite effect, but hopefully what you taught them won't go to waste. Also, you should have told them to treat bitcoin like a normal currency.and this how u seen like that react for recommendations .

Freddie Boyer

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Yes, Good job and Good Inisiation. I think that it's a great initiative to give out Bitcoin to high school students and enlighten them about the benefits of cryptocurrency. By conducting a quiz and explaining how to manage a noncustodial wallet, you are helping to educate the next generation about the future of money. With the growing popularity and acceptance of Bitcoin, it's important to promote its use and adoption. Even if the impact is small, every little bit helps in developing the Bitcoin ecosystem. It's a positive step towards creating a more financially inclusive and decentralized world.

ektotanes

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I think you are a really good and kind person who wants to help people. The most important thing is that they really understand what they are dealing with, and not just get free money and forget about it.

cydrix

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Encouraging people to learn about Bitcoin through financial incentives is a good start, but it's important to provide education and resources to ensure safe and effective use. By encouraging non-custodial wallet creation and management, people can take control of their own financial security and privacy. It's fantastic that you taught five high school pupils about Bitcoin and gave them a quiz before giving them each $20 worth of Bitcoin. You're giving them hands-on experience with cryptocurrencies by demonstrating how to handle their noncustodial wallet. The ecosystem benefits from any initiatives to raise awareness of and promote acceptance of Bitcoin.

KaizenJujustsu

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Quote from: Edcrypto91 on April 09, 2023, 05:31:47 PM

Happy Easter everyone
Today I gave out $20 to 5 random high school students each in a WhatsApp group after of course enlightening them about Bitcoin and conducting a quiz for them I did this in hopes of trying to assist in developing the Bitcoin ecosystem although it's of small impact
I sent the Bitcoin to Thier noncustodial wallet and also enlightened them on how to manage Thier wallet
What do you think!?

i think that's great cuz new generations are also interested in crypto and they are eager to learn it. It's also nice that you teach them the basics. I bet you didn't to forget to warn them about investing if they are planning to LOL. "Invest what you can afford to lose".

Fivestar4everMVP

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Sorry to come up with a different opinion, without prove from the op, this is just another post indirectly begging for merit, some users have requested that op share some prove, could be pictorial or transaction hashes of the transaction, but op, last active was on the 11th of April, still did not say anything, that simply means no such transaction happened, op is just trying to earn some merit from those who would gullibly believe him.

Anyways, the concept is very welcome, I love it, it's a good way to promote bitcoin., but then, $20 to one person is rather to much if I'm asked, except there plenty money, If I was to use this concept to promote bitcoin, I think $5 is good for one person, with this, the money will be able to go round more people than just 5, this is if my bought is $100 though.

karmamiu

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That is a good way to spread awareness on bitcoin and to teach the younger generations how to be responsible. I know that in every good action, there is also a corresponding opposite effect, but hopefully what you taught them won't go to waste. Also, you should have told them to treat bitcoin like a normal currency, coz the tendency mostly is that they will think of it as a collectible, and maybe they will resort to saving it. We know it's not bad if it is treated as a saving but most of the time, they will forget that they can try to earn bitcoin in every bitcoin paid jobs. Some people I've met few years ago think that way and some of them sold their properties just to buy bitcoin which is not advisable in every angle you see.

Topic: Giving out to promote Bitcoin - page 2. (Read 722 times)