teaching bitcoin to a child is a good thing, but I prefer to tell bitcoin in story form.
or sometimes I introduce bitcoin to my child by creating a bitcoin character. all of which tell more specific about bitcoin and crypto world.
Topic: Had a talk with my son today about my bitcoins - page 2. (Read 481 times)
I sat my 7yr old son down and showed him my ledger nano and how to use it in case anything ever happens to me.
I explained there is electronic money on it and it will be his one day. Went through the process of wiping it and restoring with the seed. But reminded him never ever tell anyone about it is our secret.
He's a smart kid and was amazed at how it's secured by an extremely complex code and that no one can steal the money you can take it anywhere and it's safer than a bank because the ledger is a bank itself (i know that's not quite correct but still). I didn't tell him how much are on there but told him one day it will be extremely valuable that's why I'm telling him about it is for him when he grows up.
Later that day we talked about how to secure the seed and printing it on a metal plate. He thinks it is so cool.
It amazed me how a child instantly understood it and showed how cryptos are for the future generations not us. We are early adopters so buy at least 1 bitcoin for your kids. Just might set them up for life.
I explained there is electronic money on it and it will be his one day. Went through the process of wiping it and restoring with the seed. But reminded him never ever tell anyone about it is our secret.
He's a smart kid and was amazed at how it's secured by an extremely complex code and that no one can steal the money you can take it anywhere and it's safer than a bank because the ledger is a bank itself (i know that's not quite correct but still). I didn't tell him how much are on there but told him one day it will be extremely valuable that's why I'm telling him about it is for him when he grows up.
Later that day we talked about how to secure the seed and printing it on a metal plate. He thinks it is so cool.
It amazed me how a child instantly understood it and showed how cryptos are for the future generations not us. We are early adopters so buy at least 1 bitcoin for your kids. Just might set them up for life.
It would be a very good move educating your child about cryptocurrency but I don't think that its a very smart move telling your child about your private keys since as we all know 7 years old is not that mature enough to understand how important private keys are. It depends on every child though but most of them are not really good in keeping secrets since most of the children are always telling the truth and they can be persuaded by adults to disclose your private keys buy giving them something that they really want and that interests them like things, toys, food or anything that they are fond of. Atleast tell them when they are already in their teens or atleast 18 years old or just disclose your private keys to your wife or another member of the family that you trust the most.
I sat my 7yr old son down and showed him my ledger nano and how to use it in case anything ever happens to me.
I explained there is electronic money on it and it will be his one day. Went through the process of wiping it and restoring with the seed. But reminded him never ever tell anyone about it is our secret.
He's a smart kid and was amazed at how it's secured by an extremely complex code and that no one can steal the money you can take it anywhere and it's safer than a bank because the ledger is a bank itself (i know that's not quite correct but still). I didn't tell him how much are on there but told him one day it will be extremely valuable that's why I'm telling him about it is for him when he grows up.
Later that day we talked about how to secure the seed and printing it on a metal plate. He thinks it is so cool.
It amazed me how a child instantly understood it and showed how cryptos are for the future generations not us. We are early adopters so buy at least 1 bitcoin for your kids. Just might set them up for life.
I explained there is electronic money on it and it will be his one day. Went through the process of wiping it and restoring with the seed. But reminded him never ever tell anyone about it is our secret.
He's a smart kid and was amazed at how it's secured by an extremely complex code and that no one can steal the money you can take it anywhere and it's safer than a bank because the ledger is a bank itself (i know that's not quite correct but still). I didn't tell him how much are on there but told him one day it will be extremely valuable that's why I'm telling him about it is for him when he grows up.
Later that day we talked about how to secure the seed and printing it on a metal plate. He thinks it is so cool.
It amazed me how a child instantly understood it and showed how cryptos are for the future generations not us. We are early adopters so buy at least 1 bitcoin for your kids. Just might set them up for life.
Wow. It's amazing that at a young age, your son is able to understand such thing about money especially cryptocurrency. I hope that when he gets older, he would be able to remember that and follow the instructions you have told him. Actually, there are other opinions from this thread that has also a point like, kids often get into trouble through peer pressure. I hope that won't happen to your child. But as you have mentioned, he is a smart kiddo so I think he wouldn't do anything regarding what you taught him that would disappoint you. And you're right. Bitcoin might set them up for life.
you are a lovely dad
that great to teach your son coz blockchain technology will change the world and i thing it is 6th era
civilization
industrialization
computer
internet
knowledge base
block chain
that great to teach your son coz blockchain technology will change the world and i thing it is 6th era
civilization
industrialization
computer
internet
knowledge base
block chain
it would be a cool idea to introduce the small course in web-commerce and crypto in schools
You have to slowly let your child understand the digital cryptocurrency!
Once it was hard for him to remember things that looked complicated!
Buy a BTC for your children and save it, and when they get married they can give them a wedding gift. It must be great!
it's complicated that will make your child more curious and want to solve it. in fact my son who is now 16 years old can already buy his own car. I always taught him that complicated complex first so he would think hard and do not easily give up if given a heavy work. everyone has different ways to teach his child about bitcoin. Once it was hard for him to remember things that looked complicated!
Buy a BTC for your children and save it, and when they get married they can give them a wedding gift. It must be great!
I sat my 7yr old son down and showed him my ledger nano and how to use it in case anything ever happens to me.
I explained there is electronic money on it and it will be his one day. Went through the process of wiping it and restoring with the seed. But reminded him never ever tell anyone about it is our secret.
He's a smart kid and was amazed at how it's secured by an extremely complex code and that no one can steal the money you can take it anywhere and it's safer than a bank because the ledger is a bank itself (i know that's not quite correct but still). I didn't tell him how much are on there but told him one day it will be extremely valuable that's why I'm telling him about it is for him when he grows up.
Later that day we talked about how to secure the seed and printing it on a metal plate. He thinks it is so cool.
It amazed me how a child instantly understood it and showed how cryptos are for the future generations not us. We are early adopters so buy at least 1 bitcoin for your kids. Just might set them up for life.
It is good to share them your knowledge so that they can adapt to these modern advancements easily and smoothly but be careful on sharing him your knowledge and some of your keys. He might use it for certain purposes that you didn't know. Educate him the best way you can. Hoping he will be also successful in this field. I explained there is electronic money on it and it will be his one day. Went through the process of wiping it and restoring with the seed. But reminded him never ever tell anyone about it is our secret.
He's a smart kid and was amazed at how it's secured by an extremely complex code and that no one can steal the money you can take it anywhere and it's safer than a bank because the ledger is a bank itself (i know that's not quite correct but still). I didn't tell him how much are on there but told him one day it will be extremely valuable that's why I'm telling him about it is for him when he grows up.
Later that day we talked about how to secure the seed and printing it on a metal plate. He thinks it is so cool.
It amazed me how a child instantly understood it and showed how cryptos are for the future generations not us. We are early adopters so buy at least 1 bitcoin for your kids. Just might set them up for life.
I sat my 7yr old son down and showed him my ledger nano and how to use it in case anything ever happens to me.
I explained there is electronic money on it and it will be his one day. Went through the process of wiping it and restoring with the seed. But reminded him never ever tell anyone about it is our secret.
He's a smart kid and was amazed at how it's secured by an extremely complex code and that no one can steal the money you can take it anywhere and it's safer than a bank because the ledger is a bank itself (i know that's not quite correct but still). I didn't tell him how much are on there but told him one day it will be extremely valuable that's why I'm telling him about it is for him when he grows up.
Later that day we talked about how to secure the seed and printing it on a metal plate. He thinks it is so cool.
It amazed me how a child instantly understood it and showed how cryptos are for the future generations not us. We are early adopters so buy at least 1 bitcoin for your kids. Just might set them up for life.
This is a good idea considering that they are the potential future users of digital currencies. What I only can say that you need to be careful in sharing him your keys because he might pressured by his friends or older peers and he might give it to them. Educate him the best way you can so that he will be also a responsible and a successful user of bitcoin in the future. Good luck! I explained there is electronic money on it and it will be his one day. Went through the process of wiping it and restoring with the seed. But reminded him never ever tell anyone about it is our secret.
He's a smart kid and was amazed at how it's secured by an extremely complex code and that no one can steal the money you can take it anywhere and it's safer than a bank because the ledger is a bank itself (i know that's not quite correct but still). I didn't tell him how much are on there but told him one day it will be extremely valuable that's why I'm telling him about it is for him when he grows up.
Later that day we talked about how to secure the seed and printing it on a metal plate. He thinks it is so cool.
It amazed me how a child instantly understood it and showed how cryptos are for the future generations not us. We are early adopters so buy at least 1 bitcoin for your kids. Just might set them up for life.
You have to slowly let your child understand the digital cryptocurrency!
Once it was hard for him to remember things that looked complicated!
Buy a BTC for your children and save it, and when they get married they can give them a wedding gift. It must be great!
Once it was hard for him to remember things that looked complicated!
Buy a BTC for your children and save it, and when they get married they can give them a wedding gift. It must be great!
I sat my 7yr old son down and showed him my ledger nano and how to use it in case anything ever happens to me.
I explained there is electronic money on it and it will be his one day. Went through the process of wiping it and restoring with the seed. But reminded him never ever tell anyone about it is our secret.
He's a smart kid and was amazed at how it's secured by an extremely complex code and that no one can steal the money you can take it anywhere and it's safer than a bank because the ledger is a bank itself (i know that's not quite correct but still). I didn't tell him how much are on there but told him one day it will be extremely valuable that's why I'm telling him about it is for him when he grows up.
Later that day we talked about how to secure the seed and printing it on a metal plate. He thinks it is so cool.
It amazed me how a child instantly understood it and showed how cryptos are for the future generations not us. We are early adopters so buy at least 1 bitcoin for your kids. Just might set them up for life.
I explained there is electronic money on it and it will be his one day. Went through the process of wiping it and restoring with the seed. But reminded him never ever tell anyone about it is our secret.
He's a smart kid and was amazed at how it's secured by an extremely complex code and that no one can steal the money you can take it anywhere and it's safer than a bank because the ledger is a bank itself (i know that's not quite correct but still). I didn't tell him how much are on there but told him one day it will be extremely valuable that's why I'm telling him about it is for him when he grows up.
Later that day we talked about how to secure the seed and printing it on a metal plate. He thinks it is so cool.
It amazed me how a child instantly understood it and showed how cryptos are for the future generations not us. We are early adopters so buy at least 1 bitcoin for your kids. Just might set them up for life.
That is a good idea but for me a 7 year old is not yet responsible enough and could make mistakes. But that age is a good age wherein we could already teach him the knowledge about bitcoin and how to use it as well as its nature. But for me I dont want to risk my bitcoin to 7 year old, at this age I will only share knowledge but when he will turns 18 that is the time I will give him a bitcoin.
It amazed me how a child instantly understood it and showed how cryptos are for the future generations not us. We are early adopters so buy at least 1 bitcoin for your kids. Just might set them up for life.
We have an advantage being an early adopter and sure it will make a difference in the future when it comes to economics and trade.well that's much better for our children, because with we love to know about bitcoin to our children surely our children will be able to know how to earn income in bitcoin world and our children can also continue the business / assets that we have today
Make sure you teach them the importance of education rather than business and assets at this age. I would like to see kids enjoying their life rather than learning about economics and bitcoin, you cannot earn income without knowledge and education.When I was 7 I wasn't too good in everything just in school and that's it, now the new generation is getting better and better but we have to teach them how they need to use their brain not all the time with the eyes on the phone or pc they need some freedom sometimes.
I do not agree with the fact that the new generation are getting better, they are living in a world surrounded by technology and it will have an adverse affect in future, when i was a kid we used to go out and play and now a days kids use video games, i do not think it is a healthy situation. I sat my 7yr old son down and showed him my ledger nano and how to use it in case anything ever happens to me.
I explained there is electronic money on it and it will be his one day. Went through the process of wiping it and restoring with the seed. But reminded him never ever tell anyone about it is our secret.
I do not think i would understand these things when i was seven years old and as a kid if he is excited about what you tried to teach him he will tell everyone about his dad's secret money that could make him rich, he is too young to keep secrets anyway. I explained there is electronic money on it and it will be his one day. Went through the process of wiping it and restoring with the seed. But reminded him never ever tell anyone about it is our secret.
I do have kids but they are busy playing and they wont understand anything even if i try to teach them about bitcoin and it is not the right age to understand these things. 
Although the child is very intelligent and has understood everything perfectly, I think it would be a good idea to write the instructions on paper and keep this paper in a safe place.
Of course kids can learn fast and totally understand how money works. And they can understand even more naturally how the response to the money monster is cryptocurrencies.
It is not up to us to judge if the kid will show it to their friends or not... His father probably knows what he is doing.
Congrats bro, i would do the same!
It is not up to us to judge if the kid will show it to their friends or not... His father probably knows what he is doing.
Congrats bro, i would do the same!
You are a very lucky man, you have a nice and smart kid keep it up and teach him just good things.
When I was 7 I wasn't too good in everything just in school and that's it, now the new generation is getting better and better but we have to teach them how they need to use their brain not all the time with the eyes on the phone or pc they need some freedom sometimes.
When I was 7 I wasn't too good in everything just in school and that's it, now the new generation is getting better and better but we have to teach them how they need to use their brain not all the time with the eyes on the phone or pc they need some freedom sometimes.
really lucky you have a smart child, when you explain about your bitcoin quickly your child understands, of course things you do that is very good. we do not know how we are going forward, if we do not explain to our closest people now and let happen bad thing happened to us, surely the people closest you do not know the investment you have at that time.
Um, was there no one more mature to inform about this?
There's no way I'd trust a seven year old with something like that. Their comprehension of it would be far from fully formed. The next thing you know he's showing it your neighbours when you're out and about.
When I was seven years old I was convinced my Dad had a million quid when in reality he had about a tenner in the bank.
There's no way I'd trust a seven year old with something like that. Their comprehension of it would be far from fully formed. The next thing you know he's showing it your neighbours when you're out and about.
When I was seven years old I was convinced my Dad had a million quid when in reality he had about a tenner in the bank.
Children are more inclined to learn new things and are quicker to perceive.
Learn him more about the digital currency, how it works and by the age of 20th, he will be able to develop his own special program.
Give a Man a Fish, and You Feed Him for a Day. Teach a Man To Fish, and You Feed Him for a Lifetime.
Teach him about such developers Vitalik Buterin, He may be someday become like him.
Learn him more about the digital currency, how it works and by the age of 20th, he will be able to develop his own special program.
Give a Man a Fish, and You Feed Him for a Day. Teach a Man To Fish, and You Feed Him for a Lifetime.
Teach him about such developers Vitalik Buterin, He may be someday become like him.
I would have thought any age below 12 would not be a good idea
but with hindsight and the op i realise the younger generations
are really digitally clued in, they are growing up in a digital age
and are surrounded by it.
Well done to the op
but with hindsight and the op i realise the younger generations
are really digitally clued in, they are growing up in a digital age
and are surrounded by it.
Well done to the op
I sat my 7yr old son down and showed him my ledger nano and how to use it in case anything ever happens to me.
I explained there is electronic money on it and it will be his one day. Went through the process of wiping it and restoring with the seed. But reminded him never ever tell anyone about it is our secret.
He's a smart kid and was amazed at how it's secured by an extremely complex code and that no one can steal the money you can take it anywhere and it's safer than a bank because the ledger is a bank itself (i know that's not quite correct but still). I didn't tell him how much are on there but told him one day it will be extremely valuable that's why I'm telling him about it is for him when he grows up.
Later that day we talked about how to secure the seed and printing it on a metal plate. He thinks it is so cool.
It amazed me how a child instantly understood it and showed how cryptos are for the future generations not us. We are early adopters so buy at least 1 bitcoin for your kids. Just might set them up for life.
I explained there is electronic money on it and it will be his one day. Went through the process of wiping it and restoring with the seed. But reminded him never ever tell anyone about it is our secret.
He's a smart kid and was amazed at how it's secured by an extremely complex code and that no one can steal the money you can take it anywhere and it's safer than a bank because the ledger is a bank itself (i know that's not quite correct but still). I didn't tell him how much are on there but told him one day it will be extremely valuable that's why I'm telling him about it is for him when he grows up.
Later that day we talked about how to secure the seed and printing it on a metal plate. He thinks it is so cool.
It amazed me how a child instantly understood it and showed how cryptos are for the future generations not us. We are early adopters so buy at least 1 bitcoin for your kids. Just might set them up for life.
Indeed, today there are far more opportunities to provide for their children than before. Our parents didn't have as many tools to earn as we have now!
You're doing well, I'm sure that your son will appreciate your concern in the future.
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