Topic: How to explain bitcoin to teenagers or children - page 17. (Read 118041 times)

well as you know it is really hard to explain what bitcoin is? but if you will explain to them slowly and you have to encourage them what will be the big effect on it then that's the time they will know how bitcoin is very important to us.and if they will know that they will get an extra income on it then they will join us in bitcoin.

On children, it might not too hard or easy to teach them about bitcoin, but on Teenagers will be an easier one because most of bitcoiners today are teenagers and teenagers have the capacity to easily adopt about it.

Teenagers and children nowadays are very close to technology, isn't it shocking that you can see toddlers playing games on tablets,   cellphones and laptops. Meaning they are much easier to learn the basics of anything about internet-related topics, much more bitcoins. The hard part is the money properties of bitcoins. If the principles of investing and how to use as well as invest/make bitcoins grow will be imparted to thise young minds, it will be great. Because that is what is lacking for the older ones today, financial know-how. If the young ones will be taught.and they can grasp the power of bitcoins and apply them on their lives, through their parents that is, imagine the possibilities and potential of them starting on an early age. Proper guidance is the key. And more important gambling is a no-no for kids.

at the moment on the Internet is full of information and teaching materials about bitcoin, it is important that the adolescents themselves have a desire to know this technology, besides, it is necessary to present correctly for the first steps of training.

I have paid my 12 and 15 year old children their allowance in bitcoin for the past two years.

My daughter is also an Amazon Prime owner (through me) so she gets free shipping and uses egifter to convert from bitcoin to Amazon gift cards (exact dollar amounts!). She also uses me as an exchange and I'll instantly convert to USD either in person or by paying whoever she is with (grandma, mom, etc)

My son uses it for minecraft, domain names, xbox, steambitshop.com (steam games), and also pays others to do creative work or such - currency amongst them in their online world's.

While they are now old enough for USD bank accounts, I feel that they have an edge up on their peers in the digital world, especially if either of them go the engineering route.

Bitcoin solved two problems in our lives as well.

I was away from the kids for 2 years and it allowed me to safely and securely give them spending money. Both had  iPhones and initially used blockchain until breadwallet came along with its SPV goodness.

It is a reliable store of value. For a child, cash is easily lost or forgotten. Piggy banks don't work well for storing the bits of money a kid comes across. They much prefer exchanging it with dad for bitcoin. Previously, they would trust their mother to hold cash and they quickly learned that mom isn't exactly financially sound - and their money would disappear or fall victim of "parental capital controls" as I like to call it.

There's a lot more to the story and I've often thought of doing an interview of blog post with them. They've grown up using the blockchain with allowance, as a family ledger of value, playing games (simple board games we bet quarters on or such), and even Easter egg hunts that have private keys in them.

It's been a great experience for them due to the problems in our lives that it solved. Not for everyone, but works great for us!!

I would explain bitcoin to the teenagers the same way I explain to my friends. It is something that you should tell just the way it is

 I think reading is the first step to educate someone in bitcoin. Answer all his questions and clarification precisely so that he/she will able to learn fastly. Inspire and motivate him so that he will able to take bitcoin seriously.

Its difficult to explain bitcoin to teenagers also the children first because some teenagers are focusing their study and children also but if they want to learn about bitcoin i should patiently explain bitcoin to teenagers especially children because they do not yet know what bitcoin is.And i explain a lot of benefits about bitcoin specially on how to gain more profit because its help them for their future.

kids do not need to know about currencies, and I think there are so many video explanations on youtube so do not waste your effort wasting your time when you can give them lessons about the videos so they can learn from them.

Arguably more teens and young adults are into BTC and crypto than proper adults as many adults feel BTC is a full on ponzi

You should explain bitcoin to teenagers and children like you explain to anybody else. there is not much difference. you should explain it properly as it is and not a magical money for getting rich quick if you buy!

It is not necessary to teach our children about cryptocurrency since they will not be interested immediately but when they get old or become a teenager then they will start to build their own dream and that is the time where we can give them knowledge so they can be more successful in their life as they grow up.

Depends on your children. Nowadays, you will not trust your eye if you see a kid has the brain of a adult has more than 25 ages. Recently, I saw the Shark Tank game show and know a kid just 10 ages but he is the CEO of a company and take a loan ~50,000 USD.

I find it very difficult to explain about bitcoin to teenagers or children, because they do not have a wide perspective, they just think to play all day mindless to work to earn money in cyberspace at their current age. maybe I can only explain what money is and why they need money to live. For bitcoin, I might explain if they are teenagers or children are old enough to have wide insight into everything, so if I explain bitcoin to them, the information I give them can be absorbed so it does not just disappear

we must patiently explain bitcoin to teenagers especially children because they do not yet know what bitcoin is therefore must be in detail and detail
the the most important is should interest first from teenagers and children to make it easier to explain.

LoL then you will know, the same as stock market, everyone will learn. Don't need to worry!

Bitcoin is pre-encrypted (Cryptocurrency). This day there are hundreds of coins similar to Bitcoin and are being traded very actively.

The special feature of Cryptocurrency is its hierarchical management system, which is not subject to third-party management such as the central bank or any organization of any country.

The supply and value of Cryptocurrency is managed by its own users and complex cryptographic protocols.

Bitcoin 's Power
This is considered a ledger to record the balance of each account and the history of all accounts participating in the previous transaction.

Bitcoin or other Cryptocurrency, however, differs significantly from the virtual currency we commonly see in video games.

Bitcoin is well known in my country, even though our government bans Bitcoin, but they are still very much involved in Bitcoin because they are young investors and want to be rich, many of them Many people have been successful with Bitcoin

Now that they are adolescents, they themselves can understand bitcoin through various channels. Of course, they are interested in the premise, but now it is the digital age, believing that the concept of digital money will imperceptibly enter their knowledge domain.

Explaining bitcoin to them just like giving examples, it would be easier if I'll use currency or centavos and relate it to the bitcoin and its price.