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Topic: Kids and Bitcoin - page 2. (Read 2138 times)

full member
Activity: 868
Merit: 202
December 04, 2023, 11:17:47 PM
Not the answer you're looking for, but let them enjoy the superhero stuff for now. You don't necessarily need to shove Bitcoin down their throats this early, as they're unlikely to grasp Bitcoin anyway because in the first place they probably barely grasp the concept of money.

children's age is the time when they play and learn about all the basic things to be able to solidify their knowledge to learn something more advanced in their teenage years. agree with what you said that it is too early for them to learn about bitcoin since their knowledge about money is still very basic and they don't understand the details of what crypto, blockchain, and various technologies are in bitcoin.

it is better for them to learn basic things about money and economics and how the internet works, either through educational videos or books, plus lessons from school. only when they understand these things and are interested in learning more, we as parents or those closest to them can teach them the basic things about what bitcoin is and how it works and what its potential is in the future.
hero member
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December 04, 2023, 10:16:47 PM
~Snip~
Buying bitcoin for your child is a good idea because it's exactly like someone who opens a service bank account for the child, what I will to advice anyone who is into cryptocurrency investment is to make sure that when they buy bitcoin for the child or children they should not handle the portfolio to the child because of unnecessary expenses, what I mean by the portfolio not handle to the child is that we should not give our child the seed phrase of the wallet until you notice the child is conversant with the rudiments of bitcoin.
In my view, this idea is an initial investment for his child. Holding fiat money for a long time is not a good idea, the money can run out at any time, especially when it's urgent. Bitcoins that have been purchased can be stored for a long time, just leave the assets stored without first informing the child who has the right to inherit the Bitcoins.

Parents who have the idea of passing on Bitcoin to their children should try to introduce Bitcoin slowly with a unique approach such as watching videos made specifically about Bitcoin and comics or story books made with good and interesting pictures. Early education for children will make it easier for them to understand Bitcoin when they are ready to accept this inheritance. This method can also create a new generation who is interested in investing in Bitcoin.
hero member
Activity: 2814
Merit: 553
December 04, 2023, 09:07:48 PM
If you are telling that you will buy bitcoin comic book and give to children then it's not very good idea.
Because they are little kids they will become greedy for money, and they may try to earn bitcoin which will distract them from studying.
if you want to do this to give them financial knowledge then try other ideas like giving low pocket money so they will spend it wisely and spend where it is important.
they are so young like from age 7 to 11, in this age I didn't even learned to read english properly (atleast in my case) you want to introduce them with highly risky asset it's not a wise decision in my view.
Buying bitcoin for your child is a good idea because it's exactly like someone who opens a service bank account for the child, what I will to advice anyone who is into cryptocurrency investment is to make sure that when they buy bitcoin for the child or children they should not handle the portfolio to the child because of unnecessary expenses, what I mean by the portfolio not handle to the child is that we should not give our child the seed phrase of the wallet until you notice the child is conversant with the rudiments of bitcoin.

What are we talking here a 5,6,7 or 8 years old? I'm not even sure a child is capable of doing such thing, so it doesn't make any sense if you let your child keep the key phrases let along the wallet it self.
IMO, the best thing to do here is to keep this wallet/key phrases somewhere safe along with the set of instructions how to have full access to it, then you'll just have to wait until your child is not a minor anymore. That's one way of securing their future as well. Just my two cents.
hero member
Activity: 1666
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December 04, 2023, 03:10:49 PM
If you are telling that you will buy bitcoin comic book and give to children then it's not very good idea.
Because they are little kids they will become greedy for money, and they may try to earn bitcoin which will distract them from studying.
if you want to do this to give them financial knowledge then try other ideas like giving low pocket money so they will spend it wisely and spend where it is important.
they are so young like from age 7 to 11, in this age I didn't even learned to read english properly (atleast in my case) you want to introduce them with highly risky asset it's not a wise decision in my view.
Buying bitcoin for your child is a good idea because it's exactly like someone who opens a service bank account for the child, what I will to advice anyone who is into cryptocurrency investment is to make sure that when they buy bitcoin for the child or children they should not handle the portfolio to the child because of unnecessary expenses, what I mean by the portfolio not handle to the child is that we should not give our child the seed phrase of the wallet until you notice the child is conversant with the rudiments of bitcoin.
sr. member
Activity: 1624
Merit: 315
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December 04, 2023, 02:50:53 PM
My question is where can I buy Bitcoin comic books that can catch the attention of children between the age of 7 to 11? I want something in comic or story book style and with full story about Bitcoin or related... I want to buy and wrap them up for the surprises.
I think a bitcoin comic will be good  for kids to familiarise them with the name bitcoin but I don't think their is any need for kids of 7 for this , u think this will be okay for kids of 11 upward. After getting a bitcoin comic for kids , it is left for them to later learn about bitcoin or not. The essence for trying to make kids get familiar with bitcoin is to help them get involve in it early, so that it would not look like some people who keep feeling bad for not knowing bitcoin or accepting bitcoin very early.

You can still learn Bitcoin in the proper age, once your child reached their mature age, then I think that is the right time to introduce Bitcoin as they can have their own decision to make is it to learn Bitcoin or have their own alternative way of source of money. Even if the information are presented in the manner kids could understand, still it is very complicated system for them to comprehend, though I agree that they can be familiarize with it but it would be much better for them to be focused on studying cause in the end of the day, they could still learn it on their when you can just simply tell them about Bitcoin, cause there's is no late comers at all, you might still miss the bullrun but still you can invest.
full member
Activity: 448
Merit: 225
December 04, 2023, 01:20:45 PM
If you are telling that you will buy bitcoin comic book and give to children then it's not very good idea.
Because they are little kids they will become greedy for money, and they may try to earn bitcoin which will distract them from studying.
if you want to do this to give them financial knowledge then try other ideas like giving low pocket money so they will spend it wisely and spend where it is important.
they are so young like from age 7 to 11, in this age I didn't even learned to read english properly (atleast in my case) you want to introduce them with highly risky asset it's not a wise decision in my view.
hero member
Activity: 2408
Merit: 584
December 04, 2023, 01:11:24 PM
We can't push the knowledge or interest of bitcoin at such an age just because we want them to know it, but of course they are in their stage wherein they tend to explore and be curious, so it may be a good time to introduce or influence them in bitcoin, but we can't push them to take an interest in that; they have their own free will, so even if we introduce and influence them, don't expect that they will be interested immediately or adopt bitcoin
I'm also the kind of person who thinks that children should be given freedom to learn what they want to learn instead of forcing specific stuff on them and trying to engage them with things that they don't like themselves or have any interest in because a person might memorize something by force but they will never be able to learn it from heart because they are not interested in the first place, and if it's about children, they have a lot of other things to focus on at such an early age instead of getting involved with financial stuff like Bitcoin.

So, one should let children choose what they like and then they should teach them or let them learn about that thing. If they show interest in Bitcoin or things related to it because they've heard about it or seen it somewhere, that's when you can tell them the basics of it so that they have a general idea but don't get them too deep into it as they will get lost easily.
copper member
Activity: 71
Merit: 16
December 04, 2023, 11:40:26 AM
This is actually a very good idea. I saw a man holding a school book in his hands, and it seems his kids are learning about Bitcoin in school. I recommend this because kids are our future. If we are aware that Bitcoin is the future, why not teach it in schools? Actually, nobody taught me in school how to make money (maybe because it's financial advice  Grin), but this is something I missed in the school system.
full member
Activity: 560
Merit: 161
December 04, 2023, 11:33:28 AM
My question is where can I buy Bitcoin comic books that can catch the attention of children between the age of 7 to 11? I want something in comic or story book style and with full story about Bitcoin or related... I want to buy and wrap them up for the surprises.
I think a bitcoin comic will be good  for kids to familiarise them with the name bitcoin but I don't think their is any need for kids of 7 for this , u think this will be okay for kids of 11 upward. After getting a bitcoin comic for kids , it is left for them to later learn about bitcoin or not. The essence for trying to make kids get familiar with bitcoin is to help them get involve in it early, so that it would not look like some people who keep feeling bad for not knowing bitcoin or accepting bitcoin very early.
sr. member
Activity: 2590
Merit: 452
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December 04, 2023, 11:24:23 AM
How to explain to them the difference when they don't even know what money is, what money is created for and how money is created?...When we talk about money, we are talking about finance, but what do children know about that? They are being raised by us and have never worried about making money. So how can they understand how money works?

Our children need to know about bitcoin, but at the right age, we cannot teach them things they do not need yet. Don't ruin their childhood because your parents wouldn't do that to you either.
Children can be taught some basic knowledge about money, but they definitely don't need to know what and how it works. The best thing we can do is to try now to create some kind of savings for them and when they reach either adulthood or are old enough to independently manage their finances, pass on knowledge to them and teach them how to use finances wisely. Children are also different, but there won’t be many of those who will be interested in money from childhood.

Why would you deprive a child of education if they perhaps could benefit from it? There’s nothing wrong with teaching children about financial matters even at very young ages, as you’re setting a foundation for them to grow on and the earlier you start, the stronger that foundation is going to be, the better off they’ll be for it.

Children must already know money and its functions. So in my opinion, teaching financial education to children should be done as early as possible, so that children get used to being thrifty and disciplined in finances and also respecting them, so they get used to it when they grow up.
And the easiest way to educate children is by saving from the money we give them naturally, and this must become a habit, whatever the amount saved, and with the aim of realizing what they want.
Children really like to play and we have to be able to look for games that can educate, for example monopoly games. I think monopoly is a good game to hone children's intelligence, especially in terms of financial intelligence and also about investment.
legendary
Activity: 2282
Merit: 3014
December 04, 2023, 11:02:53 AM
How to explain to them the difference when they don't even know what money is, what money is created for and how money is created?...When we talk about money, we are talking about finance, but what do children know about that? They are being raised by us and have never worried about making money. So how can they understand how money works?

Our children need to know about bitcoin, but at the right age, we cannot teach them things they do not need yet. Don't ruin their childhood because your parents wouldn't do that to you either.
Children can be taught some basic knowledge about money, but they definitely don't need to know what and how it works. The best thing we can do is to try now to create some kind of savings for them and when they reach either adulthood or are old enough to independently manage their finances, pass on knowledge to them and teach them how to use finances wisely. Children are also different, but there won’t be many of those who will be interested in money from childhood.

Why would you deprive a child of education if they perhaps could benefit from it? There’s nothing wrong with teaching children about financial matters even at very young ages, as you’re setting a foundation for them to grow on and the earlier you start, the stronger that foundation is going to be, the better off they’ll be for it.
hero member
Activity: 980
Merit: 947
December 04, 2023, 10:46:03 AM
How to explain to them the difference when they don't even know what money is, what money is created for and how money is created?...When we talk about money, we are talking about finance, but what do children know about that? They are being raised by us and have never worried about making money. So how can they understand how money works?

Our children need to know about bitcoin, but at the right age, we cannot teach them things they do not need yet. Don't ruin their childhood because your parents wouldn't do that to you either.
Children can be taught some basic knowledge about money, but they definitely don't need to know what and how it works. The best thing we can do is to try now to create some kind of savings for them and when they reach either adulthood or are old enough to independently manage their finances, pass on knowledge to them and teach them how to use finances wisely. Children are also different, but there won’t be many of those who will be interested in money from childhood.
hero member
Activity: 1344
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December 04, 2023, 07:47:58 AM
Hard to understand what exactly adult should teach kids about Bitcoin. How to make an investment? I think this is too early and kids should not be so money oriented from very childhood, and Bitcoin or crypto is not the only thing where to make investment. Teach about technology? I doubt that kids will understand what we are trying to teach, not will have a real interest in it. Third - they have too many their «kids problems, things to do and etc» aka their little life. I think we should not interfere with out grown-up ideas and vision into their little life much.
Anything basic I guess?
The same as the reel video that was posted in a thread here a  few weeks ago regarding the animated video sharing the basic knowledge about Bitcoin.

By explaining the kids what is cryptocurrency, the difference between cryptocurrency and the traditional currency, and such. There is a lot that can be taught to them. It's not all about how to make an investment which we all know is impossible for young kids to have enough money to start investing. This is too early for that, but when it comes to knowledge, as long as they are interested, that would be good.

How to explain to them the difference when they don't even know what money is, what money is created for and how money is created?...When we talk about money, we are talking about finance, but what do children know about that? They are being raised by us and have never worried about making money. So how can they understand how money works?

Our children need to know about bitcoin, but at the right age, we cannot teach them things they do not need yet. Don't ruin their childhood because your parents wouldn't do that to you either.

These are very good points that you have mentioned. Right age + showing and example is what kids need. If we just talk about bitcoin, basics, money, then it will be like air talking to them. Information comes into one ear and goes out from other. They wont keep that knowledge. Kids know little about money. They only know that we use money to buy things, we go to work to earn money, we use cash or cards. They dont know all the little things, how banking system works and etc. And if we come and talk to them about bitcoin (when they cant see how we pay with it for something IRL), they wont understand it.
Yes, teaching youngsters about Bitcoin requires more than abstract ideas. Children's financial knowledge is basic. They view money as a transaction tool, not a financial system. Bitcoin education struggles here. We're entering a digital revolution when we introduce Bitcoin.

The problem is our methodology, not Bitcoin's complexity. Why not show Bitcoin's real-world uses instead of technical jargon? Display how its utilized for online shopping and investments. They can relate cash and cards to digital currency with such concrete instances.

Also, dont underestimate their learning ability. Decentralization and blockchain technology may be understood by kids with the correct tools and examples. Making the strange familiar and connecting curiosity with practical demonstrations.
hero member
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December 04, 2023, 07:39:13 AM
Start them young I suppose, go for it but don't rub it on their faces.

The thing about kids is that they think they know what they want, and if you force your ideals upon them, they'd only come to hate it, and you in the process. So in that regard, make sure that when you're proposing the idea of teaching your kid relatives about bitcoin, you make it entertaining, engaging, and something that they'd be able to remember for the years to come, good example is making this a weekly activity that is fun and enjoying so they'd keep looking for it. Oh, and of course, ask for consent from the parents before you start teaching their children bout bitcoin. It's nothing too bad in particular but asking for their permissions just makes sure that they know what their kids are being taught and stuff. Probably a great way to introduce crypto to your whole family as well!
sr. member
Activity: 182
Merit: 120
December 04, 2023, 07:33:34 AM
My next Bitcoin awareness approach now are the children, there are many kids in my family and very soon our get-together tradition is approaching, I need your help in this forum if this is possible.

I remember when I was little, I love reading books that have good pictures on them, like comics and novels painted with amazing pictures, from Peter Pan to DareDevil and Supergirl, while growing up as an adult I ended giving out these comics to my cousins.

My question is where can I buy Bitcoin comic books that can catch the attention of children between the age of 7 to 11? I want something in comic or story book style and with full story about Bitcoin or related... I want to buy and wrap them up for the surprises.

Have always love the idea educating young ones about bitcoin, and teaching kids about modern technology, I think looking for a comic book that talks about bitcoin will be very rare to find, I love your idea most people wish they had the knowledge about bitcoin earlier and you trying to teach your kids about bitcoin sounds nice but will your children love the book, children nowadays love cartoons like Ben 10, seeing their friends with other cartoons will they love the book without cartoon.
I will prefer the anime videos it sounds better, like watching an anime video that educates little children about bitcoin it'll be fun to watch
legendary
Activity: 2520
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December 04, 2023, 04:55:49 AM
Hard to understand what exactly adult should teach kids about Bitcoin. How to make an investment? I think this is too early and kids should not be so money oriented from very childhood, and Bitcoin or crypto is not the only thing where to make investment. Teach about technology? I doubt that kids will understand what we are trying to teach, not will have a real interest in it. Third - they have too many their «kids problems, things to do and etc» aka their little life. I think we should not interfere with out grown-up ideas and vision into their little life much.
Anything basic I guess?
The same as the reel video that was posted in a thread here a  few weeks ago regarding the animated video sharing the basic knowledge about Bitcoin.

By explaining the kids what is cryptocurrency, the difference between cryptocurrency and the traditional currency, and such. There is a lot that can be taught to them. It's not all about how to make an investment which we all know is impossible for young kids to have enough money to start investing. This is too early for that, but when it comes to knowledge, as long as they are interested, that would be good.

How to explain to them the difference when they don't even know what money is, what money is created for and how money is created?...When we talk about money, we are talking about finance, but what do children know about that? They are being raised by us and have never worried about making money. So how can they understand how money works?

Our children need to know about bitcoin, but at the right age, we cannot teach them things they do not need yet. Don't ruin their childhood because your parents wouldn't do that to you either.

These are very good points that you have mentioned. Right age + showing and example is what kids need. If we just talk about bitcoin, basics, money, then it will be like air talking to them. Information comes into one ear and goes out from other. They wont keep that knowledge. Kids know little about money. They only know that we use money to buy things, we go to work to earn money, we use cash or cards. They dont know all the little things, how banking system works and etc. And if we come and talk to them about bitcoin (when they cant see how we pay with it for something IRL), they wont understand it.
member
Activity: 392
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Be Happy ☺️
December 04, 2023, 02:28:02 AM
Your thinking is good you are trying to create interest inside your children about bitcoin. In many country already depends on bitcoin and cryptocurrency. That is legal profession many maintain their livinghood on cryptocurrency. Your mind setup is good you are crypto interested person and you know that the future of crypto. If you are property able to teach and gain interest in bitcoin and crypto than in future your kids will have good future.
hero member
Activity: 1736
Merit: 501
December 04, 2023, 01:36:09 AM
How to explain to them the difference when they don't even know what money is, what money is created for and how money is created?...When we talk about money, we are talking about finance, but what do children know about that? They are being raised by us and have never worried about making money. So how can they understand how money works?
Your opinion is logical. Indeed, as parents, we definitely want our children to be more forward in terms of finances and BTC investments. But we don't need to force our will if our children are still too young to understand the concept of BTC which is so complicated that they don't understand. Even if we want to teach children about BTC, the main thing we have to teach is the concept of money, what money is for and what its uses are, so that this will make them understand more quickly later.

Quote
Our children need to know about bitcoin, but at the right age, we cannot teach them things they do not need yet. Don't ruin their childhood because your parents wouldn't do that to you either.
Yes that's right. Don't take away their childhood by teaching them something that is complicated for them to understand. Indeed, BTC is an asset for the future, of course we definitely want our children to know BTC, so that our children's finances in the future will be better, but we have to be wise in understanding the character and age of the child. Don't force them into something they don't deserve to know.
legendary
Activity: 2366
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December 04, 2023, 12:16:39 AM
I don't know what everyone is thinking, but as a father, I think teaching bitcoin to children under 10 years old is a bad idea no matter what form we use to teach them including pictures cartoon. Forcing them to learn things they don't like and are not age-appropriate is a mistake, it's never a good thing. I think everything has its reason. Why does the Ministry of Education offer educational programs for each age group without teaching indiscriminately? I believe in science and teach my children scientifically, I don't like to teach my children spontaneously, imposing my thoughts on them.
I agree with your opinion, when a child is under 10 years old it would be better for us to give pleasure to the child first, because the habits of children under 10 years old still like to play a lot and if we force it according to what we want of course It will make them feel uncomfortable doing it so that the results will not be optimal.
There will come a time when we can teach them about Bitcoin and can inherit what we have accumulated to them so that they can use it well.

I guess people see that many early bitcoin investors became rich and they think that if their children learn about bitcoin early, their children will also be successful soon. If what they think is true, do they think that those who enter the market quite late will never have a chance to succeed? Many people have just joined bitcoin in recent years and bought bitcoin for more than 15 thousand USD, do they have no chance of success with bitcoin?

I'm not saying I'm rich, but I'm serious and started my bitcoin investment journey in 2020. But now, I have made a lot of profit from bitcoin as well as from many altcoin investments. So is it correct to say that those who invest late will not have a chance when this is a financial market and buying and selling takes place continuously?

I think, having a plan to accumulate bitcoin for our children instead of other assets is the first thing we should do instead of just focusing on teaching bitcoin when they have not yet mastered addition, subtraction, multiplication, and division.
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December 03, 2023, 12:55:50 PM
How to explain to them the difference when they don't even know what money is, what money is created for and how money is created?...When we talk about money, we are talking about finance, but what do children know about that? They are being raised by us and have never worried about making money. So how can they understand how money works?

Our children need to know about bitcoin, but at the right age, we cannot teach them things they do not need yet. Don't ruin their childhood because your parents wouldn't do that to you either.
it's very reasonable, children's enthusiasm when they are small and when they are adults is different, so there is an age limit, where a child deserves to receive hard lessons, those who are still at playing age will definitely prefer to play, but those who are already Focus on learning will definitely focus on learning.  Teaching Bitcoin to children is actually not difficult, it's just that the method used is different when teaching Bitcoin to adults, apart from that the supporting props are also important.
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