The actual use of bitcoin would be easy for them to understand. Just get them a wallet, load some btc into it and let them use it for transactions. They would see that it would just be like using coins and paper bills. It's the technicalities about bitcoin that would be harder to explain. Mining would be the hardest IMHO. Even I just have a vague understanding about it. Miners obtain bitcoin by solving mathematical problems and that's just as far as I understand it.
Thankfully though Bitcoin is limited, that would make it easier for them to understand how the price goes up. Imagine if it's like fiat where a central authority increases or decreases supply as it see fit. That would have been more complicated to explain.
Topic: How to explain bitcoin to teenagers or children - page 125. (Read 118019 times)
1. Take a coin and a cell phone.
2. Ask the child to go outside of the house.
3. Tell him to come to you to give back the coin.
4. Then ask him to return back outside and send you a text message via phone.
5. Carrying the coin is tougher, takes time, involves risk of losing and might be subjected to tax(tell him his parents might see the coin and take it)
6. The SMS was fast, between you two and involved no risk at all. Now tell him, bitcoin is the same without leaving behind any details i.e. the contact details from whom the message was sent.
Actually this will lead into a complicated understanding about bitcoin newcomers . Instead of giving a simply mobile and give instructions through messaging . You need to put your wallet in your mobile and that person mobile his own wallet them explain him to send and receive directly . This will make a better understanding about Bitcoin system .2. Ask the child to go outside of the house.
3. Tell him to come to you to give back the coin.
4. Then ask him to return back outside and send you a text message via phone.
5. Carrying the coin is tougher, takes time, involves risk of losing and might be subjected to tax(tell him his parents might see the coin and take it)
6. The SMS was fast, between you two and involved no risk at all. Now tell him, bitcoin is the same without leaving behind any details i.e. the contact details from whom the message was sent.
Yeah that's something indeed should we do when did want to make a profit and the security of the account in the bitcoin we have, but they do have to be supported on mobile security we have. Because sometimes we're very careless in using mobile phones inside there is a wallet in which carelessness bring keylogger makes us likely to lose funds that we have. so be more careful in doing something, because right now the world is increasingly sophisticated and hackers also
1. Take a coin and a cell phone.
2. Ask the child to go outside of the house.
3. Tell him to come to you to give back the coin.
4. Then ask him to return back outside and send you a text message via phone.
5. Carrying the coin is tougher, takes time, involves risk of losing and might be subjected to tax(tell him his parents might see the coin and take it)
6. The SMS was fast, between you two and involved no risk at all. Now tell him, bitcoin is the same without leaving behind any details i.e. the contact details from whom the message was sent.
Actually this will lead into a complicated understanding about bitcoin newcomers . Instead of giving a simply mobile and give instructions through messaging . You need to put your wallet in your mobile and that person mobile his own wallet them explain him to send and receive directly . This will make a better understanding about Bitcoin system . 2. Ask the child to go outside of the house.
3. Tell him to come to you to give back the coin.
4. Then ask him to return back outside and send you a text message via phone.
5. Carrying the coin is tougher, takes time, involves risk of losing and might be subjected to tax(tell him his parents might see the coin and take it)
6. The SMS was fast, between you two and involved no risk at all. Now tell him, bitcoin is the same without leaving behind any details i.e. the contact details from whom the message was sent.
1. Take a coin and a cell phone.
2. Ask the child to go outside of the house.
3. Tell him to come to you to give back the coin.
4. Then ask him to return back outside and send you a text message via phone.
5. Carrying the coin is tougher, takes time, involves risk of losing and might be subjected to tax(tell him his parents might see the coin and take it)
6. The SMS was fast, between you two and involved no risk at all. Now tell him, bitcoin is the same without leaving behind any details i.e. the contact details from whom the message was sent.
2. Ask the child to go outside of the house.
3. Tell him to come to you to give back the coin.
4. Then ask him to return back outside and send you a text message via phone.
5. Carrying the coin is tougher, takes time, involves risk of losing and might be subjected to tax(tell him his parents might see the coin and take it)
6. The SMS was fast, between you two and involved no risk at all. Now tell him, bitcoin is the same without leaving behind any details i.e. the contact details from whom the message was sent.
My kids are young and still they dont understand how money works but in few years i will teach them to how thing works with bitcoin and fiat
That's a good idea, everything has the right time to be taught which will be easily understandable. Same is with the kids, when they were interested into playing and other activities let them to explore. When they grow try to teach them, if not interested just leave. Everyone have different perspective on life. One should never be forced to follow particular thing.
My kids are young and still they dont understand how money works but in few years i will teach them to how thing works with bitcoin and fiat
That's a good idea, everything has the right time to be taught which will be easily understandable. Same is with the kids, when they were interested into playing and other activities let them to explore. When they grow try to teach them, if not interested just leave. Everyone have different perspective on life. One should never be forced to follow particular thing.
My kids are young and still they dont understand how money works but in few years i will teach them to how thing works with bitcoin and fiat
That's a good idea, everything has the right time to be taught which will be easily understandable. Same is with the kids, when they were interested into playing and other activities let them to explore. When they grow try to teach them, if not interested just leave. Everyone have different perspective on life. One should never be forced to follow particular thing.
My kids are young and still they dont understand how money works but in few years i will teach them to how thing works with bitcoin and fiat
Usually, we learn the most in first ten years of our life, and that acts as the capital for rest of our life. I would STRONGLY RECOMMEND you to watch the following video (pretty old, but still worth it).
Make sure you teach your kids everything and every aspect of it with actual experience. Best luck
My kids are young and still they dont understand how money works but in few years i will teach them to how thing works with bitcoin and fiat
That's a good idea, everything has the right time to be taught which will be easily understandable. Same is with the kids, when they were interested into playing and other activities let them to explore. When they grow try to teach them, if not interested just leave. Everyone have different perspective on life. One should never be forced to follow particular thing.
My kids are young and still they dont understand how money works but in few years i will teach them to how thing works with bitcoin and fiat
Bitcoin will surely live long, and I am hoping as well that my children in the future will have the same interest like mine, I am going to tell them that living in the crypto world gives more opportunity than in real life world. Here, you have full control of your time and you are the boss. 
My kids are young and still they dont understand how money works but in few years i will teach them to how thing works with bitcoin and fiat
kids doesn't have to think about currency,but young people does,and i believe there's such a variety of clarification video in youtube so don't squandering exertion squandering your time when you can simply give them about the connection of video so they can gain from it,whether they will be intrigued or not,it's unquestionably rely on upon them
Bitcoin is difficult to explain. I also felt difficulties in understanding bitcoin for the firs time. Let's share how to explain bitcoin to children of teenagers. In My country I can say 98% children don't know bitcoin. In fact, bitcoin can be future money. If the children not familiar with cryptocurrency or bitcoin, how can they face the digital era in the future.
ya , i agree with you .. may be for children you can give them game like faucet this is can be easy than you explain bitcoin is bla bla bla ..for teenager say that bitcoin is important and bitcoin future money , this is duty to learn and you have to a skill
here in the philippines it is easy to convince teenagers they have openminded hahaha . tell them they can earn thats it
lol, that thing actually works on people who like money but mostly teenagers do not care much about earning but they just like spending, and i don't think much of teenagers would spend most of their time on computer for just reading texts and watching prices as they have other interests probably.
here in the philippines it is easy to convince teenagers they have openminded hahaha . tell them they can earn thats it
Bitcoin is difficult to explain. I also felt difficulties in understanding bitcoin for the firs time. Let's share how to explain bitcoin to children of teenagers. In My country I can say 98% children don't know bitcoin. In fact, bitcoin can be future money. If the children not familiar with cryptocurrency or bitcoin, how can they face the digital era in the future.
There are a lof videos on Youtube that explains what is Bitcoin and it's functions to layman but you also need to include how internet works and about how money works in our daily life..
A good articles for newbies about Bitcoin can also help teenagers and children how bitcoin works.
I don't think suppose the teenagers learn this bitcoin they will use it for the right purpose. I think they will go with wrong way. So my suggestion doesn't introduce them this bitcoin. When this bitcoin become more familiar that time, they only learn. Becasue teenagers look for easy money. So I think this will lead them to addict gambling.
Initially, I was just gambling using bitcoins and nothing else. I've tried some cloud mining sites/HYIP sites but they didn't work since they're all a scam. Eventually, I realized that I'm not like those people that get rich from gambling. I'm not some lucky man. And since I've found out about a couple of things about bitcoin when I was just starting out, I had a background about it. In no time, I started earning money from bitcoins but not from gambling it. So I guess it's still good to introduce bitcoin I'm very sure that teenagers or children can understand everything about bitcoin, without to much problem or effort
After all, they are born in Internet age, and they are familiar with online payments and all kinds of online tools, services etc.
I'm sure that is much more difficult to explain Bitcoin to older generation, 50+ than to some young boys, 10 years old.
Just bring them here and they will understand everything very quickly, no doubt about it!
I do not agree with this, using bitcoin is very easy and the young and old could get the hang out of it pretty quickly but to understand bitcoin and how it works is not easy at all. After all, they are born in Internet age, and they are familiar with online payments and all kinds of online tools, services etc.
I'm sure that is much more difficult to explain Bitcoin to older generation, 50+ than to some young boys, 10 years old.
Just bring them here and they will understand everything very quickly, no doubt about it!
It would be very nice if the children were able to learn programming skills before they finish junior school. But how to simplify the process of understanding children programming that requires a lot of effort?
I think there is no need to be a programmer first before becoming a bitcoin user, even I could not really coding or programming, but I can get much profit from using bitcoin dude ? just tell them about bitcoinIt would be very nice if the children were able to learn programming skills before they finish junior school. But how to simplify the process of understanding children programming that requires a lot of effort?
I think there is no need to be a programmer first before becoming a bitcoin user, even I could not really coding or programming, but I can get much profit from using bitcoin dude ? just tell them about bitcoinJump to: