Topic: My son bought his first coin today (Read 1882 times)
The sooner our kids know about the functioning of the Fed the better. Good job!
I wish someone had taught me about money as a kid. I had to learn the hard way by loosing a ton of it. 
The fun part is that his money is appreciating right before his eyes. If you had gotten him a bond or something it would have taken so long that the lesson would be hard to grasp.
The fun part is that his money is appreciating right before his eyes. If you had gotten him a bond or something it would have taken so long that the lesson would be hard to grasp.
too awesome. i always spent my dog-walking money on quarters for street fighter 2 
Cool! Its great that you introduce him to economics young
Nice! How many BTC did he buy?
Quote
I bought several Casascius 1BTC coins a while back and passed them out at work.
Good idea. I think I'll do that.
I am still very new to this, but it's been a lot of fun so far. My son and I are learning together.
Nice one.
For show and tell next week he is going to bring some material on Bitcoin to share with his class.
I bought several Casascius 1BTC coins a while back and passed them out at work. It made a great show-and-tell. People were very interested in them, and having something they could hold made the concept of bitcoin a little less daunting.
If I might make a suggestion, the Uncle Eric series by Rich Maybury is excellent for the simple introductions to Austrian Economic Theory and Praxeology. Starting with Whatever Happened to Penny Candy? followed by Whatever Happened to Justice?
I got my one year old to say "Bitcoin", does that count?
Yes, and so does having your child be totally sick of her Dad always talking about Bitcoin even though she owns some and may increasingly regret "paying" for a stuffed animal at an exchange rate of $3.62.
I got my one year old to say "Bitcoin", does that count?
Expect at least one angry call from an uneducated parent of a classmate.
Just tell them 99% of cash has cocaine on it.
Expect at least one angry call from an uneducated parent of a classmate.
Nice job, he'll appreciate it.
Awesome
nice work - good dad 
cute
I have been using Bitcoin to introduce my 10 year old to the principles of economics- markets, currency, government mischief, etc- so today for his final exam we made a purchase of Bitcoin with his dog-walking money. He understands that it may go up or down, but still he is very excited about being involved in this market. For show and tell next week he is going to bring some material on Bitcoin to share with his class.
This has been an excellent way to teach him about money, value, work, and investments. It's also a surprisingly fun father and son activity. He is already referring to himself as "a currency speculator." LOL.
This has been an excellent way to teach him about money, value, work, and investments. It's also a surprisingly fun father and son activity. He is already referring to himself as "a currency speculator." LOL.
Jump to: