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Topic: How to explain bitcoin to teenagers or children - page 150. (Read 118019 times)

global moderator
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The simplest way that I know is to show them while I am doing it in front of the computer, how I earn, how I keep and how I did my transactions using bitcoin...

Honestly, if a person is interested, you don't have to make fancy moves or you don't have to make a lot of effort to make them like it, they will do it themselves or they will be the one that will initiate and ask questions about bitcoin...  Smiley
legendary
Activity: 1652
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in my country also there are mature people don't understand what is bitcoin but i was found some teenagers be a bitcoin users in my country and they had looking more info for learning bitcoin from videos, blogs or some forum who bitcoin related and i think if children of teenagers want to learn for bitcoin internet is the best way to found their answers
hero member
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Show them any videos in youtube that explain abaut bitcoin. I think it is more interest teeneger or children better than just talking without picture. That is my oppinion
that is definitely the easiest way but i really doubt that it is also the best way because it might be really boring for them to watch it
hero member
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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.

If some of the adult newbie member here are saying that bitcoin is not that easy to understand in one day how much more for the children/teenagers. It will be much worst to them to understand it. But I think the better way we can do about it is teach them at basic learning in bitcoin. Since bitcoin experts was started to basic information in bitcoin.
Lol the adult people is says is difficult for understanding about bitcoin that is just a lazy person because if they having interested with bitcoin without advice they will automatically using some of their efforts for understand about bitcoin.
sr. member
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Show them any videos in youtube that explain abaut bitcoin. I think it is more interest teeneger or children better than just talking without picture. That is my oppinion
hero member
Activity: 924
Merit: 500
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.

If some of the adult newbie member here are saying that bitcoin is not that easy to understand in one day how much more for the children/teenagers. It will be much worst to them to understand it. But I think the better way we can do about it is teach them at basic learning in bitcoin. Since bitcoin experts was started to basic information in bitcoin.
hero member
Activity: 1022
Merit: 500
well just tell them that it is the money of the future and show them the main things how to use it and thats it

Tha's the right thing we need to do for the children/teenagers. And as time goes by little by little lets explain to them the benefits of bitcoin partialy, So they can absorve it so well. Which in the long run they will discover by themselves eof how good things to have a bitcoin its a priviledge.
hero member
Activity: 1022
Merit: 500
there is no way to explain it other than say that it is money
That is a shockingly bad answer. Bitcoin is not just money, it operates completely different to the way normal cash transactions are done around the world and telling a kid it's just money would not interest them at all.

BItcoin can be use in many things though we know that it is equivalent by a real money/currency. And it is used by different company,advertisement, and any form of businesses. Children/teenagers are only a stage of minor age and we knew that at all. I think we just simply explain the usage of bitcoin not how to earn at once, because everything has process we don't need to rush things.
hero member
Activity: 1022
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Much better you explained it in person for them to understand and teach them hos to used and how to get bitcoin. You can explain in front of your computer or in cp for them to understand. But if explained it in text or in messenger it hard to understand.

Meaning explaining to the teenagers or children in person has big difference in theory than the actual explanation. Which is true! we just explain it in simpliest way not in a hard way explanation.
hero member
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Well there is no need to explain to children at present. Its better they concentrate on their studies. To teenager who is in graduation semester can be taught and given the basiscs stuff available on internet and its features so that it could also be free to join the bitcoin world if they wish to .

I agree with you children must not think of other things and into earning something. Because if they are going to know how to earn for sure they are going to use it for their addictions like smoking and worst if they are into drugs. Why? Because that is really happening these days especially when they have source of income.
hero member
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Well there is no need to explain to children at present. Its better they concentrate on their studies. To teenager who is in graduation semester can be taught and given the basiscs stuff available on internet and its features so that it could also be free to join the bitcoin world if they wish to .
legendary
Activity: 3472
Merit: 10611
there is no way to explain it other than say that it is money
That is a shockingly bad answer. Bitcoin is not just money, it operates completely different to the way normal cash transactions are done around the world and telling a kid it's just money would not interest them at all.

"bitcoin is money" is a short an efficient answer to most people. especially those who think bitcoin is a rocket to get on and leave in a couple of days to become millionaires.
and i think it is a good but you might want to add a little bit to it just as you explained.
legendary
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https://www.bitcoin.com/
there is no way to explain it other than say that it is money
That is a shockingly bad answer. Bitcoin is not just money, it operates completely different to the way normal cash transactions are done around the world and telling a kid it's just money would not interest them at all.
hero member
Activity: 910
Merit: 507
Much better you explained it in person for them to understand and teach them hos to used and how to get bitcoin. You can explain in front of your computer or in cp for them to understand. But if explained it in text or in messenger it hard to understand.
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
I know Bitcoin is hard to explain; even to adults. I have developed a short text that could be useful to explain Bitcoin to children of teenage age. Here it is:

Have you ever wondered about a world where you could bank without banks? A world where your private transactions are public? A world where you could send transactions internationally in a peer-to-peer situation without going through a third party like a bank? It sounds crazy but that is what Satoshi Nakamoto created in the January of 2009. He created Bitcoin.

Bitcoins are the first decentralised digital coins that can be sent via the internet. This means that it has “no central control, no central private vault of information, no central management, and most importantly, no central point of failure”. Bitcoin is controlled by the people who use it. Everything in bitcoin is public. This is contrasted with the centralised system of third party verifications such as banks or clearing houses. Bitcoin is shaking the foundations of the society in which most people live in today. It is a new, technology that can change the world.

Compared to other alternatives such as fiat, which is the currency that has been approved by a government tender, bitcoin has advantages on many levels. These advantages all rely on Bitcoin’s central philosophy of decentralisation. Bitcoin proposes a form of peer to peer transactions, which means that we are ditching banks for good. In the centralised world, banks have control over transactions. They charge payment for verifying the validity of such transactions. As there are no banks in the case of Bitcoin, it means that business fees are much lower, we can use Bitcoin internationally and that your wallet can never be frozen.

Let’s look into how these Bitcoins work. There are many currency exchanges in which people can sell or buy Bitcoin for dollars, euros, pounds and more. Obviously, as each currency has different values, the price of Bitcoin is dependant on the currency used. All your Bitcoin are stored in your wallet on your phones, computers, the internet or other devices. Sending transactions to other accounts is as easy as handing money over the counter and anything in the world can be bought with Bitcoin. These networks of Bitcoin transactions are secured by people called miners who are rewarded with newly created Bitcoin in relation to the number of transactions verified. Now you may think that this is the same as banks, but the fact is that banks charge you for approving transactions, whereas miners are rewarded for transactions. In a sense, Bitcoin depends on transactions. Once these transactions are verified they are placed in a publicly stored Ledger called the Blockchain. Here, all the verified transactions can be viewed.

Bitcoins complex technology is revolutionising our current society. It will minimise fees charged by businesses, it is free to create a wallet and start using them and there are no chargebacks. All in all, Bitcoin provides advantages for everyone. To get more information visit bitcointalk.org/index.php?board=1.0 . Banking is necessary, but Banks are not.


sr. member
Activity: 378
Merit: 250
I know Bitcoin is hard to explain; even to adults. I have developed a short text that could be useful to explain Bitcoin to children of teenage age. Here it is:

Have you ever wondered about a world where you could bank without banks? A world where your private transactions are public? A world where you could send transactions internationally in a peer-to-peer situation without going through a third party like a bank? It sounds crazy but that is what Satoshi Nakamoto created in the January of 2009. He created Bitcoin.

Bitcoins are the first decentralised digital coins that can be sent via the internet. This means that it has “no central control, no central private vault of information, no central management, and most importantly, no central point of failure”. Bitcoin is controlled by the people who use it. Everything in bitcoin is public. This is contrasted with the centralised system of third party verifications such as banks or clearing houses. Bitcoin is shaking the foundations of the society in which most people live in today. It is a new, technology that can change the world.

Compared to other alternatives such as fiat, which is the currency that has been approved by a government tender, bitcoin has advantages on many levels. These advantages all rely on Bitcoin’s central philosophy of decentralisation. Bitcoin proposes a form of peer to peer transactions, which means that we are ditching banks for good. In the centralised world, banks have control over transactions. They charge payment for verifying the validity of such transactions. As there are no banks in the case of Bitcoin, it means that business fees are much lower, we can use Bitcoin internationally and that your wallet can never be frozen.

Let’s look into how these Bitcoins work. There are many currency exchanges in which people can sell or buy Bitcoin for dollars, euros, pounds and more. Obviously, as each currency has different values, the price of Bitcoin is dependant on the currency used. All your Bitcoin are stored in your wallet on your phones, computers, the internet or other devices. Sending transactions to other accounts is as easy as handing money over the counter and anything in the world can be bought with Bitcoin. These networks of Bitcoin transactions are secured by people called miners who are rewarded with newly created Bitcoin in relation to the number of transactions verified. Now you may think that this is the same as banks, but the fact is that banks charge you for approving transactions, whereas miners are rewarded for transactions. In a sense, Bitcoin depends on transactions. Once these transactions are verified they are placed in a publicly stored Ledger called the Blockchain. Here, all the verified transactions can be viewed.

Bitcoins complex technology is revolutionising our current society. It will minimise fees charged by businesses, it is free to create a wallet and start using them and there are no chargebacks. All in all, Bitcoin provides advantages for everyone. To get more information visit bitcointalk.org/index.php?board=1.0 . Banking is necessary, but Banks are not.
legendary
Activity: 1162
Merit: 1000
for my of children do not deserve to know bitcoin. children have a period of education and mental training.
bitcoin is a technology that requires us to know him more deeply.
legendary
Activity: 2156
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You lead and I'll watch you walk away.
I'll care about little children using Bitcoin when little children start getting jobs and bank accounts.
full member
Activity: 196
Merit: 100
I don't work with kids and I actually don't know any kids.  I would think it's a lot easier to explain to them than what people are thinking.  Kids nowadays are kind of intuitive about technology, and if they know about money they will probably grasp bitcoin easily. 

I have a hard time explaining bitcoin to anyone, adults or anyone.  It's a magical digital currency that fluctuates in value and is hard to spend because merchants don't accept it.  Try telling that to grandma.
full member
Activity: 142
Merit: 100
there is no way to explain it other than say that it is money
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