How to explain bitcoin to teenagers or children - page 4.

dimiinx

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Quote from: Glorypaasa on April 05, 2018, 03:01:37 AM

Quote from: bitcoinvestor on August 29, 2016, 05:59:07 AM

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.

Explaining bitcoin and altcoins to children is very easy. Just dont make the mistake of telling them about blockchain/transactions/fees etc.
Just like fiat is being digitalized, children will only know about money/bitcoin through apps. If you have a wallet on your phone, and it says there is 3 coins, then they know that they have 3 coins. It's as simple as that.
They dont need to know the mechanism behind it to understand it.

Difficult and easy depending on how we explain it to children/adolescents,and it can also depend on the child we taught whether the child has a high/low thinking.If high thinking is easy and if the thinking is low it will be a bit difficult.Because most children today prefer to have fun and depend on their parents rather than thinking about the future.

giacmo

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wishere jean

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It is not easy to explain a child a Bitcoin, he has just taken baby steps in financial world and to. Explain him Bitcoin could indeed prove difficult. The only real way is to make them more enthusiastic to learn about it, is to reward them in Bitcoin. Then show them facuets, and then help them buy goods with it.

Glorypaasa

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Quote from: bitcoinvestor on August 29, 2016, 05:59:07 AM

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.

Explaining bitcoin and altcoins to children is very easy. Just dont make the mistake of telling them about blockchain/transactions/fees etc.
Just like fiat is being digitalized, children will only know about money/bitcoin through apps. If you have a wallet on your phone, and it says there is 3 coins, then they know that they have 3 coins. It's as simple as that.
They dont need to know the mechanism behind it to understand it.

main320

newbie

Activity: 252

Merit: 0

To start with thing you ought to consider when you need to disclose to kids is to know whether they are intrigued on what you will clarify. Since if a youngsters is intrigued on it, you can without much of a stretch disclose it to him. So in case you will clarify it beyond any doubt if that youngsters is exceptionally intrigued on it. Be that as it may, in adolescent it is anything but difficult to clarify than the kids. Since the development of adolescent than the kids is altogether different.

Eleanorjean11

newbie

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hello sir, my nephew is a teenager and he knows more about bitcoin than me, i think because he is a tech savvy and he is a trader too, he knew about bitcoin with his fellow teenager, and for the children maybe its a different story, the world has become more digital so as the currency sir, so maybe in the future bitcoin will be usual to the new generation and they'll be more knowledgeable than the older generations when it comes to digital currencies like bitcoin and other digital stuff Smiley

Pamela Jobelle

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bitcoin is hardest to explain to children since I think they are not ready yet and not that interested in bitcoin. For Children for them is not a right time to talk about bitcoin or any of the business what so ever. For teens, at their age, that was the right time to educate them about saving money.

davidcox

newbie

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A children know where on that there are paper money except for real world and digital still including cryptocurrency. Of course if you ask, you can learn, but it does not apply to children. Young people may be interested only with the filing of their parents or other adults.

ssocoins

newbie

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It is new technology ,it may change the world lot in the future

Julifernendez

newbie

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When you first do know what bitcoin is. Have anyone here think that way? I supposed that we do all know bitcoin here because of our explorations on the web. So those teenager that can understand bitcoin are those who love explore like us as well.

HEvangelista

sr. member

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I was enthusiastic before to tell this to my kids, but I think I might skip that for the meantime. I mean if it comes to handling huge amounts of crypto money they need to be very very responsible. Definitely we need to be cautious.

fromnicetoevil

newbie

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Leave children out of it, let children be children before they have to start worrying about money and as for teenagers, I'm sure they have heard about it or might know even more than you.

Galina12

member

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Merit: 21

If a teenager is interested in this, then he needs to explain what bitcoin. Bitcoin is an payment network and a new kind of not physical money. But i think they don't need. And who needs it they have long been sitting on this forum. I think there are a lot of teenagers here.

Brother land

newbie

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It is difficult to explain the growth of bitcoin to teenagers, especially underage children. I have also experienced difficulties in understanding bitcoin mainly and one of them is how to get and use or spend it. bitcoin is a type of currency that you can use to spend money and save money. it is simple to make them think that bitcoin is easy and understandable as time passes.

Domanity

newbie

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if we want to explain Bitcoin to children and teenagers we can tell about what is Bitcoin, that Bitcoin is a digital money that can be used for various purposes. we can also explain the functions and uses of Bitcoin, how to get bitcoin, how to store Bitcoin, and how to convert Bitcoin into paper money. and no less important is, we must explain to them the History of the emergence of this Bitcoin.

Kostyan4ek

full member

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Explaining the overall procedure may be quite difficult to teach the early teen though there are many ways such as YOUTUBE which provides info about all the things GOOGLE another easy way but it would be easier if they are teached in their late teen stage so that they can go on through their own

Vart4varta

member

Activity: 238

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If in a nutshell - Bitcoin is a payment system, the same as VISA. There is another technology inside, but it does not need to be scrutinized at all.
Very often the word Bitcoin is also called money, which are in the account. If the VISA card can be placed in rubles or dollars, then Bitcoins lie on the Bitcoin-purse.

xidireti382

newbie

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I don't understand why children should be deprived of their childhood. better to let them walk and play. but if they are interested in cryptocurrency, you can support them by explaining to them about the cryptocurrency and allocate money so that they try

Coinnosaurus

sr. member

Activity: 643

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To teenagers you can explain that btc is regular money that has value and can be used to buy goods and services. It's also similar to stocks because the value fluctuates based on the supply and demand

deepakg2m

copper member

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Quote from: boyptc on August 31, 2016, 12:11:24 AM

Quote from: bitcoinisbest on August 30, 2016, 11:31:35 PM

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.

I agree too.Parents should also understand that till a particular age children should be under their control completely. But at the most at the age of fifteen children should be left free but with proper guidance.So if you are explaining BITCOIN to a teenager you can tell them a bit about its working and use.

Topic: How to explain bitcoin to teenagers or children - page 4. (Read 117994 times)