Topic: My son, daughter, nephew wants to know about Bitcoin (Read 933 times)

I cannot imagine living this life working on a certain thing that is considered illegal in one’s country. Maybe for now your family will be safe as no one has reported it yet, but if someone in your neighborhood will suspect that your family is still working on bitcoin, I guess your family will surely be in trouble. So my advice is that never teach the children for now as they can be very honest when asked by the officers roving around if your family is really into bitcoin.

Bitcoin is no longer something you will hide from your family members,brothers,sisters,sons and daughters because it is a lifetime promising job that will make you rich for ever.That is why there is need to start telling your household member to have the awareness and know more about Bitcoin so that they can start investing in it and be part of the rich family.
They may have heard of Bitcoin from other person,and will want to confirm from you whether it really exist,or whether it is really the way people say it is.Therefore,it is very good to teach them when they come asking about it.

As you live in a joint family and several members of your family are involved in cryptocurrency and your work is always laptop and mobile related so when you work with laptops and mobiles the kids get interested in what you do. Because children are endlessly curious. But as you said every child in your family is primary level and since Bitcoin and other digital currencies are totally banned in your country, I would tell you that there is no need to introduce cryptocurrencies to your children so soon, when they grow up you should introduce these to them Introduce the topic.

If you think that would be good for them, then start educating them at an early age. But actually, when children are still in their primary age, you cannot expect them to learn eventually what you are teaching especially that bitcoin is a complicated thing to discuss that even adults would hardly understand. Instead, they will resort into playing because that what’s make them happy and satisfied. And to think that your country is having a serious bitcoin ban, I guess teaching them would only complicate things later on once they discover that bitcoin is considered illegal. It’s like you are pushing them to be future government opposition.

My point is, they are primary level and you don't expect such age of children to still have a retentive memory to be active in knowing things about bitcoin. What kind of work do your family members does in cryptocurrency and Bitcoin?
I need to get this side of the story very clear.

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If your country is restricted and ban from trading cryptocurrency or involving in bitcoin trading there is no need to violate the law, be a good citizen but if you already hold some btc you may use p2p to trade.

Educating our family to bitcoin then that's a good option but always remember that if they don't want then it's okay to not teach them but if they are really interested then go for it. And about the crypto banned on your country then I think thats matter because from the word banned its matter a big cause when you caught by the government then thats another issue so for me in your situation it's better to keep silence and if you want to teach then its up to you but you need to be careful.

You’re right. The answer is so obvious. If you don’t want your family to get in trouble later on, then never teach the children about bitcoin and never tell them that the whole family is into bitcoin journey. But I doubt if you can control the minds of the children as they can be keen observants and totally honest on what they have been seeing around. I guess it make sense if your family want to focus on bitcoin, then better settle into a country where crypto are completely legalized and accepted as a payment option. That way, your family most particularly the children will never have to lie about the current situation.

Unless the children are mature enough to keep secrets which basically means not tell anyone else about this, then I would advise against teaching them at this level. Perhaps you should wait a few years for them to grow up or at least become teenagers instead. You should also treat it like personal finance.

Bitcoin is the future of the world finance, is also good to bring the knowledge to the doorstep of a family for them to be part of it. I even wish bitcoin education can form part of our high school curriculum in order to educate our children more on Bitcoin

Today's children are truly different, their curiosity is higher and they are also not too foreign to today's technology. So they can grasp this related material more easily, in theory. Here, their interest may be based on several things:
- They see your activities every day who are struggling with crypto
- They see and know that crypto can make money and they are interested in money
This happens very often, especially children, they may not think of anything hard. When they are interested in money and want to earn it, they will have a desire to learn.

In this case, actually to know or teach about cryptocurrencies there are several stages.
Of course, this is based on the readiness of each child so that they can learn it at the right time and with the right material.
I think it's fine to tell them about cryptocurrencies in general, so this will reawaken their curiosity and they will probably start learning about it. However, remind them about the dangers of activity in cryptocurrency because there are also many scammers there, so if you want to do everything in crypto, you must ask or consult with you. And don't explain to them that from crypto we can get rich quick, because all they have in mind is money and get rich quick.
However, since crypto is still banned in your country, it might be better if you share this by keeping the privacy.

Don't endanger the lives of your family by involving these children in bitcoin knowledge, due to the illegal act that is carried out by your family members.

When they are of age to keep their mouths shut on whatever they know is a secrete then you can introduce them into bitcoin, decentralization of bitcoin has made it impossible for government to know who is into bitcoin even when it is banned in the country. OP play safe.

It is a good thing that your son, daughter, and nephew want to learn about Bitcoin. would like to assume they are over the age of five.  I also want to believe that kids should not be forced to learn about cryptocurrency, particularly Bitcoin. Most parents might want to force their children to learn about bitcoin out of peer pressure, but that shouldn't be the case. So teach them, teach them, slowly, patiently, and only teach them the essential knowledge that will allow them to answer a question or two about bitcoin. And then, as they grow older, you could think about opening an account for them and having them invest in bitcoin out of their pocket money.

That’s also a good point. Children at a very young age only love to play because its their way to develop their whole well-being and for them, their world only revolves playing. So instead of learning about bitcoin and it’s volatility, children prefer more on playing and having fun. However, if you really want to teach the children about bitcoin, I suggest to teach them about saving first. Because if they develop discipline through saving early, most likely they will also grow as good bitcoin investors in the future.

In my opinion, it is normal for small children to be curious and ask something new in their life.
Moreover, asking what is favored by parents or family.
That's good in my opinion because it proves that they grow up to be critical children.

But we must remain wise in educating and explaining to them, especially when you state that Bitcoin is prohibited where you live.
I think you don't have to rush to give lessons related to Bitcoin but just introduce them to Bitcoin in general that their age can understand.

Regarding regulations regarding crypto in your place, I think it is wiser not to bring the children to know more about the world of Cryptocurrency first.
My point is not to ban but rather to delay introducing cryptocurrencies until they are really old enough to think logically.
Let the children grow up first, play and think like their age, don't expose your activities in cryptocurrency too much in front of them.
Let them grow and shape their character first gradually until they are teenagers or adults and are able to think independently.

Remember that plunging into the world of cryptocurrency completely requires mature, logical, analytical thinking and must have good decision making.
Which of course things like that do not have small children who are still learning at school.

Your last line caught my attention more, thus my reaction. Introducing the heavy and deep part of cryptos to very young people and at the same time restrict them from the distraction it affords is a difficult thing to do. We really may not be able to know where to draw the line. In my case, at a point my young son badgered me to teach him stuff about this industry but I struck a deal with him to wait until a certain age. However, he reads some of my posts here and other crypto activities and trading I do. I don't want the financial gains derived from cryptos distract him from his basic school studies, I often hush him. I have on few occasions caught him brag to his peers that he knew things about Bitcoin 😂. Kids and their bragging rights. For me, he will get there one day but for now I've made him realize that there's always time for everything.

There's a good and bad side about it since it's a children they can also make some mistakes even adult people, it is better to guide them well and teach them first the basic knowledge or experience then, let them discovered it to their own so that they won't depend on you.

I mean, what else do you wanna have them know about cryptocurrencies? If you've been working on cryptocurrencies already, what's the point of asking to know? I just think if you're more explicit on issues like this, it'll really help you the way you want.
If you wanna include your siblings in here for an additional IQ, then it's not prohibited; moreover, if y'all combining ideas, then a massive success awaits y'all.
...and I say YES... It's the modern-world evolution and I don't think anyone should be left out... Who knows? A time will come when it'll become a major necessity.
Bitcoin isn't another name for cryptocurrency; Bitcoin is also a crypto itself... don't mix up points next time.

Sandra 🧑‍🦰

It is necessary to provide full support to children by teaching them some basic knowledge that they are interested in. This will be an additional lesson for children so they can understand the activities carried out by their family members.
In my opinion, it is okay to teach Cryptocurrency to children from an early age, the important thing is never to force them to be what their parents want them to be. If they have a desire to learn then teach them slowly.

From my perspective as a parent, I'd say it's great to know that your children, daughter, and nephew are interested in bitcoin. But in terms of age, I'm sure the children don't know anything about it, but they are just curious and want to discover when they see their parents working. They just think it's a toy and can let them play. My son also often asks me about bitcoins every time he sees a picture of bitcoins on my computer, he says he likes bitcoins. But my children like it just because it's strange and want to play with it, not because it's interested in learning about them. Those two things are entirely different, you need to distinguish clearly, don't think that children who say they like will really like it, with that age it's just the age of exploration and mischief.

It is a good idea to educate the next generation, and that is something I will also enjoy doing in my family and community. However, based on your statement, I assume that those children are under 10 years old and may not be able to learn the information because they are still in lower levels of education. First, if you want to start teaching them, where will you begin? I doubt their brains are developed enough for them to understand the knowledge you are giving them.

I think you're breaking the law by doing this, and if you are caught, the law may punish you. Therefore, it is better to keep that information to yourself while you wait for your government to officially legalize Bitcoin and cryptocurrencies in general in your nation.

I would say that you can go ahead to tell them about Crypto in summary bet don’t introduce and engage them fully into it since it is banned in the country that you reside, because informations flies in seconds, the children that you are teaching about crypto might end up telling others about it as well which would lead to many knowing about it. We humans are not 100% secretive, once they start telling others about bitcoin then it is no longer a secret. Moreover, someday the government might lift the ban that was placed on cryto in your country. Just take it slow and keep it cool with them for now.

Because the world is increasingly digital, it is a good idea to teach our future generations about Bitcoin and to help them grasp the Crypto environment.

And in order to benefit from it, you must fully understand it while also paying attention to the legal, political, and judicial systems of your nation.

Cryptocurrency has been banned, like in some other nations.

There's nothing wrong in introducing children in their young stage about bitcoin, it help give them an edge over their contemporaries economically in such a modern world we find ourselves today. The only issue here in context to your milieu with the ban on crypto activities bitcoin inclusive too in your country, I will advise to hold on from  introducing them to bitcoin, they're children and children will always be children when playing out there with their mates they may decide to want to tell their mates/friends about what their Dad have been teaching them and this may cast what your engagement into cryptocurrency to the public and put you and your family at risk since it's under ban thereby illegitimate to engaged and I believe you wouldn't want that to happen.

So just give them some time, to have some more maturity about certain policies  about life and the society they live in and then you can bring them into the Crypto business without fear. Or perhaps by then the government might have equally lifted the ban too.

There are some types of businesses that is not expected of adults to introduce to Minors.
No matter how lucrative the business is you are not supposed to introduce it to minors, especially if that business is not legal within your country of jurisdiction or Residence and also if that business is too risky to be handled by a child.

Since bitcoin is banned in your country there is no need to charge your children to not obey the laws and also the Bitcoin is a Risky Business just like gambling, it is not good to introduce to children that cannot handle losses

Early education needs to be poured on children if they already have an interest in knowing more about Bitcoin. No need to force it, just let them absorb knowledge according to their abilities. Besides that no one knows human age, early learning from the family can provide basic knowledge for children when they are ready to make Bitcoin a medium for making money.
Children's curiosity is a form of their interest in the activities carried out by their families, they need support and motivation from the family so that they can become the next generation when their parents are no longer doing these activities.

You don't need to teach children about bitcoin, especially if, in your country, bitcoin is prohibited by the government. Maybe later, when they grow up, you can provide an understanding of bitcoin and how to use it and hopefully, at that time, your government will allow its citizens to use it at that time. How do you use bitcoin when bitcoin is banned in your country? Do you keep it in your wallet without using it or are you still trying to use it by finding a place that suits you?

I think until a certain point, children should be kept away from bitcoin. Given the specifics of your country, as you say. Better yet, perform all actions with all family members in such a way as not to fall into the field of vision of children and not advertise this in front of them. Actually, it should have been done right away. Kids can be overly talkative and you can get in trouble if they blabbed in elementary school.

The time will come when they will become older and more conscious, and then you will be able to initiate them into the mysteries of bitcoin.

This shouldn't just be in the contest of your country but rather on the children's mental health.
I'm sure you wouldn't be giving them money to invest right ? And you aso mentioned that they're still in primary level, why not let them focus more on their regular education rather than trying to feed their brain with what isn't really sharp for the now.
I believe you will be wanting to teach them wallets and all the rest but sir I will advice you let the grow first and since you guys work mostly in Bitcoin related places, I'm sure it will be easier for them when they're of age.

I recommend it, Cryptocurrency is a revolutionary and progressive technology they will eventually discover but its better that you're the one to teach them so they can get the right facts about Bitcoin

It may not be ban forever as countries are changing their stand on Bitcoin, they are banning it now but with the worldwide acceptance, they may not keep up banning Bitcoin.

It's better to educate your children now, they may travel to other countries where Bitcoin is popular so they will be aware of it already.

With regards to how your country banned crypto, I do think it will still change in the future especially if most of the big countries are into bitcoin acceptance so we really hope for that. For now, focus on teaching those young minds first while they are still giving high motivation on learning. That way, they can easily perceive and understand whatever you instill to them, and as children are still keen observers, they will also observe on how your family is giving importance to bitcoin, much more that they will value bitcoin in the future.

I don't think there will be any wrong things in knowing about Bitcoin and Cryptocurrencies. And besides, the knowledge about this will take them a lot further in the future. While cryptocurrency is currently banned in the country, there is a high possibility that it will become legal in the near future.
So currently you can introduce them to it, but since it is not legalized yet, don't make them do any illegal work. Since you are involved in trading so I would say don't just give them knowledge about trading, there are lots of other sector in Crypto currency like blockchain and blockchain developing etc you can give them light introduction about it.

We can teach children because they are interested in knowing it, so it's not forcing and it's not something that distracts him from his knowledge of education and the world of play, what we teach about Bitcoin for knowledge in spare time so that he can understand it more easily, I'm happy with children who want have the knowledge to improve their abilities and when they grow up they will become smart and expert people, they are prospective professional traders in the future so we must increase the enthusiasm for school learning and knowledge about crypto.

Banning could only be temporary who knows so it’s still good to teach those young children about cryptocurrency knowing it won’t be hard for you to teach them anyway since their interest and crypto learning experience increase day by day. But i just hope that you can also teach the children that even if they already have crypto investments in the future, it’s still more reliable if they can get a real stable job first that can give them main income and consider crypto jobs or investments as side hustles. That way, they will come to understand to have multi sources of income as long as they are capable on doing it.

I think it's a good thing if your family wants to know about Bitcoin,to me its not really a bad thing if they know about it, just that I would love you to educate them well, give them the guild lines of which they would follow, tell them the advantages and disadvantages of Bitcoin so they can know and have a perfect thoughts before engaging into it,
 
As for me I'm new here and I'm still learning, but i won't to share the knowledge I would have here with my family, that's if they want to know, I will teach them and introduce them to it....

Since you live in a joint family. Everyone there works on Bitcoin. But I think your children are too young to study at primary level. Introduce them to Bitcoin. But never encourage them to work. Because now is the right time for them to study. This is the time to educate them. If children earn money during this period, their passion for studies will decrease. So you should never make such a mistake.

Knowing how the blockchain functions and what role bitcoin plays in this is not a violation of the law. Therefore, the OP can pass on theoretical knowledge about bitcoin to his children, if they are really interested, but at the same time draw their attention to the fact that trading in cryptocurrencies is currently prohibited in their country.

No, since the children are still in primary level because, they will not really focus on some of the things you are teaching them about BTC. Since you said BTC is totally banned in your country which will be difficult for such children to keep secret about BTC like the way adult will keep the secret without allow people to know he or she have idea on BTC or investing on BTC in the country. I will advise you to allow them get to 17 years or 18 years before teaching them about BTC which will really help them to ask you many questions concerning BTC.

Actually, nowadays education is as a condition not a proof as a master. So I don't think it's wrong to put education first, but they certainly have an interest, so that's what we have to facilitate. We must not insist on letting it come from within their minds.
I don't think it will be a problem. If it was their own will it would be better. It will keep them striving to understand and want to keep improving. I think you should teach them about the real Bitcoin. So they know the truth, because nowadays many people try to claim to be the creators of bitcoin with the tokens or coins it creates, it is very dangerous for the foreseeable future.

I think there is no harmful affect of learning cryptocurrency in younger age , because if they properly understand the basic of crypto in younger age , they will be experienced and pro crypto trader and technical analyser as well as holder in teen age. But while learning crypto they must also focus on his school study.
Moreover Bitcoin is future because with time when fiat got devaluation due to inflation, the only choice to safe your saving or fund from devaluation is Bitcoin, so keep guiding them about Bitcoin because these guidence will help them in future.

You shouldn't even ask such a question if you already know that Bitcoin is banned in your country and you and your family could get in trouble if authorities come to know that you trade or use Bitcoins. Everyone know that children are pure hearted and don't understand these things, so it will be a foolish thing to educate them about it as the word will surely spread faster that way since they are innocent and won't hesitate talking about it outside.

Better migrate to a country (if feasible) where you will have better life, freedom and privacy then you could think about adapting bitcoin by your entire family.

it depends on what you are purpose, if it just knowledge, it's not the problem because bitcoin the future as satoshi wrote on the white paper. but if for illegal activity (where your country banned it), you're like giving him a lighter which can burn your house and trouble you in the future. And I think if not old enough, better for you just to introduce blockchain games like Crypto kitties and Decentraland just to make enjoy his life.

It's like you have a family that is lovers of crypto since your whole family members are into crypto.

I think the right word you should use is, your family is into cryptocurrency not work in cryptocurrency. I find the word "work in crypto and bitcoin" inaccurate. Nevertheless is good to know that your whole family is into crypto and the younger ones of your family members are interested in knowing bitcoin and the btt forum through you guys.

Assuming your family's children are under the age of 6-15. They should only be educated about bitcoin; you shouldn't introduce them to it because they aren't ready for the danger and don't have any money to invest. However, you are free to decide to make a future bitcoin investment for them. That will be wise you know

If bitcoin is prohibited in your country, there is no need to teach the kids. When you teach kids about bitcoin, you want them to tell their friends that their family members are teaching them about bitcoin. By doing this, the public may become aware of your family's involvement with bitcoin, which is illegal and may report your family to the authorities.

So you and your family spend your whole time on Binance p2p trading and time passing on this forum. And children of your family are curious about bitcoin and crypto and are in the primary level in their schools.
You can not call it a bitcoin job unless you are a full time trader or miner, which I am sure you are not. To be honest, just keep your primary level children from interfering in adult businesses, and let them grow first. They have plenty time left for learning bitcoin and crypto. One day they can be blockchain developers who know, but for now, keep your children out of this.
Yes, OP mentioned it, the children of his family are in the primary level, which means they are most probably 8-10 years old. That is a very young age to get them involved in bitcoin or even anything serious.

Do you have no jobs in real life? I mean offline jobs. 

You said that Bitcoin isn't a legal currency in your country, so other crypto coins are illegal currencies too. It is a bad idea to rely on those jobs which are related to illegal things in your country. When your government knows about your jobs, you surely will get into legal trouble. It is the same as the other traders that you said have ever got into legal trouble.

You clearly stated it, the whole of your family potentially get a legal trouble

With the big risk (legal trouble), you must avoid teaching your children about Bitcoin. You also should never try to teach other members of your family about Bitcoin. Because if you teach them, it means you lead them to potential legal trouble someday. You can teach them if it is already legal in your country. And make sure you won't teach immature people about Bitcoin, children should be excluded. Teaching too early may lead them to misunderstand Bitcoin.

I think you should just leave the children, you don't have to stress them, let them focus on their education for now since they are still very young, even if they learn about bitcoin it's not really useful for them, so let them just focus on their education.
The government ban bitcoin, but we all know they did that just for their own personal interest, we all know that bitcoin is not a crime. Since bitcoin is banned in your country, you can definitely teach your family members about bitcoin and no outsider will know about it, people will definitely be making use of bitcoin in your country even as it is banned.

Under whatever economic condition, unless modern day slavery if not an underaged is underaged and endangering them with the various hectic process of meeting financial endneed is very dangerous for the child's physiological and mental health, this may lead them to low confidence since their mental level is not up the capacity of deciding for some things, but then if the child is already above 17-18 year's he/she at that stage can absorb any financial stress that comes with working for money because children should be allowed to.
-Have the time to enjoy their innocent stage, without worrying about anything as relate to meeting the needs of a child.
-children are not security concerned like adults, this is because of the innocence in mind at that stage of life, so it is risky to involve them in any training that involves finances.

If you're into those and you're successful at two out of the three, trust me you're good to go financially. Trading is a very lucrative profession. It allows one enough time to plan one's life activities, it allows one ease of moving around at one's choosing and it also gives one financial freedom once one has a handle on it. What else can one ask for?

I know the panic and discomfort that causes. Some time in 2021 the misinformed government of my country also did the same by banning crypto activities. It was even an issue moving on the streets with any phone that has trading apps on it for fear of being stopped and searched my police. It became a legal tussle but all that is in the past now. That ban has been relaxed. I hope the same happens in your country so you guys can trade peacefully.

So far you and some of your family members have not experienced any problems working in Cryptocurrency even though the country you live in is very against the presence of Cryptocurrency, so why should you be afraid to teach your sons / daughters in your family to know more about Cryptocurrency especially Bitcoin.
As long as there are no problems when accessing the Exchange to buy/sell or open the Bitcointalk site, you can teach them whenever you want. They need to get basic knowledge to continue the work you've done, after all, no one can guarantee your country will continue to ban Cryptocurrency even if the head of state leadership has changed.

about your child who currently has a great interest in bitcoin, I think you should just support it because it is a provision for him to live life in the future. even though currently in your country bitcoin is prohibited but in other countries, bitcoin is not prohibited, so the chance for your country to open a ban on bitcoin in the future is really very big.


I'm not sure about the economic conditions of the OP's family, but in some countries that have a low economic level, many children (who are still in playing condition) work to earn money to make a living and help their family's economy. as long as OP is able to maintain the quality of his children's learning - playing, I support every decision that OP makes for his child.

I completely agree with you here and I have written several times that part of the problem is in how different managers approach the whole process. If profit is in the first place (and it is evident that it is), then everything else is secondary, including the fact that they take participants who do not deserve to do such things, which means that the problems with spam and promoting various suspicious projects are solely their responsibility.

The forum could put an end to it if it wanted to and make rules that would make such things impossible, but the fact that the scam is not moderated opens the door wide for all who deal with bounty campaigns to do whatever comes to their mind.

Yeah I saw, but that part about "Btt forum time passing with thread posting" makes me think that does something different and not trading for a living. Professional traders that are able to live from that are extremely rare and based on OP activity he doesn't seem to me like one.


Thing is, creation of alt farm accounts is in the interest of bounty managers because if they even set a Jr Member rank (let alone Member) as a minimum requirement to join, they would soon be out of work. They need numbers to show to their clients, and without alt farms numbers would be too low.

Ofcourse,everybody who hears about Bitcoin,and knows how rich it is, will want to venture into it and see the money.It is indeed good to teach your children about bitcoin and educate them proper on how to trade,invest,hold a coin in bitcoin,and the best place to introduce them to is this platform, bitcointalk discussion forum,it is a forum that has been set aside to enlighten people about bitcoin,and make them know more things about it.If your children can start learning about bitcoin from now,then I think they will be great investors in the nearest future.

Research shows that people who are interested in something often have the best knowledge about the thing and also do it in an innovative way since it is something that comes from the heart. If you teach the children about Bitcoin, you have literally introduced them to Bitcoin.

Yes, you to teach them about the reason behind the government ban on Bitcoin and the opportunity your country would have get if they didn't ban Bitcoin.

No, it's not right but let them what they are going to get themselves into if they join the Bitcoin investment scheme and the power of patient whenever the market is bearish.

I'm sure it's not hard to educate them if they have the interest to learn. As long as they have access on the internet, everything will be easy as most if not all of the information are available online. Me, I'm a professional but there's no one educated me about bitcoin, I learned it my own, and I use my curiosity to drive me do the research it the internet.

I suggest that you let them do the hard work and just give them guidance along the way so they will not be mislead and might end up investing in PONZI scheme.

My opinion is that everyone should decide on the risks that can arise from Bitcoin being banned in their country, considering what kind of punishments can be expected for those who do something illegal. On the other hand, Bitcoin is designed so that it can be used without the authorities knowing that we are using it, but then we need to keep a low profile and try to stay under the radar.

The OP obviously has a situation where he lives with many family members and information is difficult to control in such a case, so he should be much more careful not to come into conflict with the law. Additionally, if his country bans cryptocurrencies, then he is probably blacklisted by most CEX, which means he has to use a VPN to access them, which is just another added risk.

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The same picture came to my mind, but unfortunately it's not only the people who are trying to earn something who are to blame, there is a lot of responsibility on all those who allow them to do it - and here I mean above all the attitude of the forum and those behind the bounty campaigns. Even if only one rule were introduced that participation in bounty campaigns can only be from Member rank and above, it would prevent the creation of farm alt accounts.

After seeing the OP's topic, I literally immersed myself in his lifestyle. His whole farming journey, I think, started with a pumpkin contest. One OP managed to get out of the water dry, and this only confirms that he works as a family.

https://bitcointalksearch.org/topic/--5277020


In addition, there is a cryptocurrency ban in his country. It looks so disingenuous. The OP, unable to buy a hardware walletbecause of the ban, now asks stupid questions about the education of children in cryptocurrency, knowing in advance that it is prohibited.
OP, will you give drugs to children, since they are also prohibited, or will you ask the forum about it?
And you are not the first on the forum from Pakistan or Bangladesh.

I think your nephew is already a teenager because he is already interested in bitcoin because basically if nephew are still a child it is impossible to be interested they will definitely be happy to play with the world of children instead of learning to want to know about bitcoin so with teenagers he has a little more thoughts knowledgeable about bitcoin that he wants to learn.

Why not, that's a good thing if they are interested in bitcoin from an early age then you need to slowly educate them about bitcoin theory and introduce it to him, I think when he grows up he will understand better and start looking for his own experience because he has been introduced by you as his brother.

You have to know whether bitcoin is prohibited in your country as a means of payment or is it prohibited for everyone who wants to know about bitcoin? I don't think it's possible for the government to prohibit its people from not following the development of bitcoin, they are free for it, so if that's the case then you continue to teach him about bitcoin that you understand so far, for me it won't be wrong even though your country has banned it.

Because the internet world is expanding for them to access, of course there will be a lot of interest in teenagers about bitcoin that they want to learn.

I think it's better for you to refrain from teaching bitcoin to your little ones or nephews for now. I honestly worry about you and your family. unless your nephew is old enough and will indeed be able to understand the consequences of the law in your country. but I really don't recommend teaching them for now. I'm afraid they will tell their peers about you and bitcoin. and their friends told the others. so you better be careful because your country still prohibits it for now. hopefully one day your country does not ban bitcoin.

although giving them lessons about bitcoin is not a problem as long as they don't own and use it. But like I said it's better to wait for them to be mature enough and more trustworthy.

The interest that your children have towards cryptocurrency might be very dangerous to your family.

You are dealing with something that's banned in your country. Yes there are some ways for you to still access it, but your kids in the future are the problem. They might spill it one day towards other members that they are involved in cryptocurrency and if that happens, authorities might move and will find you.

Your children is still on a primary level like you said so I suggest don't teach straight up Bitcoin to them. I agree with what others said here that kids should enjoy their life as a kid but for me, they can still enjoy it but at the same time, teach them a bit of finance first. Having a financial literacy first would be very helpful for a kid. As for you keeping away your children towards Bitcoin, I suggest it would be better if you will just keep them away. After all, Bitcoin is banned in your country. Do you like your kids in the future, will go to jail because of Bitcoin?

He answered what are his current jobs/source of income
Not sure though with that "Btt forum time passing with thread posting" part, but basically he's doing trading for a living.

First I wanted to emphasize, learning is different from using or holding Bitcoin.  Learning is just having the information and be able to digest it and undersatand its functions and usage.  Learning does not mean you are owning Bitcoin.  Learning about Bitcoin is just owning a piece of information that is saved within our brain cells.

We should educate our kids on whatever important for their life and growing up.  If your kids is just a primary level, you cannot force them to get interested or to learn bitcoin but if they are the one asking about Bitcoin then, by all means, you can explain everything you  know about Bitcoin in not so boring way.

You country banned cryptocurrency, meaning the usage, the acquisition is banned but having knowledge about Bitcoin isn't ban AFAIK.

In this case, it is dangerous not only for children, but also for your family members who are directly involved in cryptocurrency. You should be more careful, and the less your children know about cryptocurrency at the moment, the less likely they are to unknowingly be able to reveal your secret.

It's not a bad idea to educate them about Bitcoin and you should start right away with teaching them the basics about Bitcoin. After that then you have to teach them what to do and what they shouldn't do. Also tell them that they could be in trouble when they're in the right age when someone finds out that they use Bitcoin as you have said that you could be legal trouble if they found out someone is using Bitcoin which I guess that Bitcoin is banned in your country.

No knowledge is wasted, and since you mentioned that your family members are working on Bitcoin and that as a result, the younger ones wanted to learn it as well, it is not a bad idea to teach them. It should begin with the basics because they are still young, even though you did not specify their ages.
However, Bitcoin knowledge should not interfere with their regular school arithmetic, which is why you should take it slowly and teach them bit by bit.

is always nice to teach children new ideas especially when they show interest on it,but your case is different. Why ? You said that you and your family secretly involve yourselves into bitcoin because it is banned to your country. Don't you think that your family has taken enough risk to break the law,which will be a big problem if caught. Secondly, you want to involve children who can't keep secretes because of the anxiety that they have learnt something new and might tell their friends outside your house and from there,the government might be aware of the cryptocurrency activities going on secretly in your house. We should obey government laws and teach our children to do the same and not to teach them to go against the law. If they are adult and feel that they are big enough to make their decisions, its left for them to obey the law or not. Assuming btc is legal in your country, I would have say that you should teach them with videos from YouTube to make it more interesting and easy to understand.

If your country has such a strict stance when it comes to bitcoin that you can even have legal problems if you deal with it, do you think that its a smart thing to make a living that way? If that's really the case then you answered yourself already whether you should involve your son and daughter into this.


I might be completely off here, but my guess is farming bounty campaigns via bunch of alts/signature campaigns on forum. I understand that people might make a decent living that way in certain parts of the world, but its not a smart thing to do, in the long run.

I will like to ask you a question, are the kids showing any interest in Bitcoin? If they are not, do not teach them anything because it could be a distraction for them, like you said, they are still kids, let their excitement about Bitcoin be the reason you are teaching, they will be able to learn fast and follow simple examples you made for them.

Put aside the trading first and go for keeping their wallet safe, then how to do transactions from one wallet to other wallet, follow by holding, in time the rest will follow.

Introduce them to bitcoin but don't over speed them, what i mean here is that you cwn help them through by understanding what bitcoin is, how it's been used and the network it work on being decentralized, let them know it's a digital currency newly invented by Satoshi ehich is also recognized as a medium of exchange for goods and services, just help them within their own level to know something called bitcoin exist, later when they grow older and have better understanding and choose to adopt bitcoin, you can then introduce them to other things you do that fetch you income through bitcoin, but everything has procedures and don't get too curious else they may get the wrong idea.

You have show your success trough Bitcoin and I think reason why your children and your nephew want to know about Bitcoin, by the way how old your children age right now and they have understand about Bitcoin? seems excited when parent become teacher for his children to learn about Bitcoin and cryptocurrency.

I don't think problem teach your children and nephew to know about Bitcoin, but to be rich or earn profit with bitcoin have capital or fund for investing, without capital impossible to earn profit however expert some one without having money they can't build some business project at the future.

It would greatly depend on the age and degree of maturity of the younger ones you are considering introducing to bitcoin, but the context you depict has a large drawback in my opinion, and that is the fact that it is banned in your country.

Children tend to refrain from adhering to hush-hush practices, and to a sense, that is what it seems you need in your environment. This constitutes a potential risk if there is any penalty for circumventing the ban (or even from a simple security point of view), since kids tend to be rather loud mouths (i.e. my father does this or that, has this or that).

The crypto family, adorable! I suppose you have a whale among the family depending on how long you have been working with cryptocurrencies and the kids interest is expected especially that most of you guys are working in this industry which should be easy for you to teach them

You don't want to bore them with things like there are 21 million bitcoin coins to ever exist eblah blah, you can teach them like you would with fiat only difference they won't have btc in its physical form....

If it's banned keep this among the older members of the family, you don't want to be answerable for unnecessary questions if the government personnel catch wind of your operations.

Distract them with information like these coins are for your video games needed to get upgrades, am sure they would buy it unless they persist to learn... Teach them.. The revolution is already on.

Yeah I was also curious to know about the age of the children because if they are too young then putting burden on them is not necessary and they can be taught about bitcoin and other stuff later on when they are able to understand it.In the past I have mentioned some Bitcoin Books and there are some for children as well to make them understand in fun or story way.

If your children are a little older, they will easily find all the answers to their questions by searching the Internet, Google and other sites.
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But there are many misleading articles also spreading fake news about bitcoin and if we have knowledge then we should educate them by our own or show them some legitimate resources to teach about bitcoin so they know the right information about it.

any new knowledge is always a good thing. I don't know where you're from, but you can't know if your children (or the children you're talking about) will want to live in another country. And there, their knowledge can be very useful.
also at the moment, bitcoin is banned in your country, but it can very easily happen that this ban is lifted. in that case, children with existing prior knowledge about cryptocurrencies can only have an advantage over others. I would say that there is no reason not to introduce them to the world of cryptocurrencies.
of course, all this only if they are really interested, and not just because they see you having fun on the phone.

I don't know what kind of work you do in bitcoin and how easy your tasks are that the little kids in your family dare to do that. but if your story is true then it is plausible that there is a lot of Bitcoin spread in your family.
There is nothing wrong with learning about Bitcoin and gaining knowledge about Bitcoin. But if it interferes with their obligatory subjects, it is better not to involve them in them for the time being.But if learning about Bitcoin doesn't have any negative effect on their primary level education then you can definitely tell them about Bitcoin.  Because they are still children, it is important for them to get a minimum education before researching Bitcoin
I don't know what country you live in but if Bitcoin is banned by the government in your generation because your sons and daughters are too young.  So it's true that in their generation bitcoin will play a big role in worldwide  and  Bitcoin will be used as a legal currency all over the world including your country.

If the children in your family have started to be interested in Bitcoin and their age has started to move into the teenage category. So it won't be wrong if you want to teach these kids about Bitcoin as long as they can take very good care of themselves for things that don't need to be spit out to other kids around them. After all, they also won't be guilty after learning about cryptocurrency and Bitcoin from you as long as they can use that knowledge in a better way.

This is something that everyone needs to understand and understand because it is clear that not all countries have legalized cryptocurrency and Bitcoin as a means of payment. However, this is not a barrier for any teenager who wants to learn more about Bitcoin because they need to know new things that can change them for the better in the future. For countries that haven't legalized this, I think it's only hindered by rules made by the government and you yourself know how to use Bitcoin so it doesn't conflict with state rules.

Actually that is a very good thing because they themselves already have an interest without being forced by other people or you. So that you yourself will find it easier to teach them gradually and in my opinion that is a very reasonable thing because they have their own desire to know. So there's no need to worry about teaching them about cryptocurrencies and Bitcoin as long as it's within the scope of your own family.

Good to know that many of your family members are into cryptocurrency since it will not be so hard to teach it to other young people since you have your other family member to back you up regarding on other things need to know by your young relatives.

Although your government banned this for now still teach those people who want to learn about it since maybe that government implementation is temporary only and its good that at early stage they already equip with knowledge about cryptocurrency.


Cryptocurrency is not limited only on trading since there are type of jobs are shifting on cryptocurrencies as mode of payment. The popular with it is social media management,Virtual assistant, or any other related work which can handle by any other people on cryptocurrency industry.

OP, you didn't write how old your children are, so it's hard to give a concrete answer.
If your children are a little older, they will easily find all the answers to their questions by searching the Internet, Google and other sites.
So, it's not really a question of whether you should tell your children something or not, but where your children will find the answer to their questions, on the Internet or from you.
It is clear that it is much better for your children to get all the answers about crypto from you, and not from Google.
I don't know which country you are from, so I can't help you with other details.

Ops please allow children to be children let them have all the fun, allow them to grow and take your time to teach them about values and what there need for their age, don't expose them to any financial hustle right now and never let them know too much since bitcoin is illegal in your country when they grow to some certain age to be able to decide for them self on what is wrong and right within the laws.
-Let security be your utmost priority so getting little kids involved will not be wise since kids can control their emotions outside.
-But just know that the kid will learn one way or the other and it is better they learn it from you rather than outside, because you will take the time to put them through and teach them about security.

I don't think it's a bad idea to educate your children about it since it's your choice and going to be your decision as a parent, but the main thing that I think that would be beneficial to focus on is why your family is working with cryptocurrency use when it's banned in your country. Do you think you can get in trouble knowing that idea? Would you want to bear that with your children? I don't think it's a good idea knowing that it's banned. Yes, you can educate them about it, but when you are talking about the legality and how it would work, it's definitely going to be a battle.

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I think it's better that you don't involve them if you guys are on the verge of getting in trouble.

So you live where bitcoin isnt allowed to be used. Anyway as long as you can understand and learn bitcoin, there is no problem. Im just curious that they banned bitcoin inspite of heavily adoption going on. You could still teach them anyway, maybe the ban isnt forever and your government will realize later on that its still worth to utilize blockchain for finance and payment protocols.

Basically
Binance P2P Trading
Trading
Btt forum time passing with thread posting.

To be honest we usually have to secretly convert to our local currency through Binance P2P Trading.  In this case, many times local traders in our country have to get involved in legal trouble.

There are many legal people/police around us if they get any information about Bitcoin from the mouth of children then our elder family members will face many problems.

It is a good thing if you start telling your children about bitcoin and how to stay away from scam from when they are young. Crypto is banned in your country, but why are you talking about it if it is totally banned? See how China banned bitcoin several times but it turned out that their citizens can still hold bitcoin as property, bitcoin is hard to ban.

I'm curious what kind of jobs you and your family are working? there's no such work on Bitcoin and cryptocurrency except trading.

If your country ban Bitcoin (to buy, hold and sell) how's possible your family can convert their earning through Bitcoin and crypto to your local fiat? there's a chance your family will need to face legal problem since you family broke the laws.

Children still doesn't have a lot experience and knowledge to distinguish bad and good incluidng privacy, are you not scared when your children ask about Bitcoin to anyone else and telling if your family was making money from it while your country completely ban it?

I want to know a deep thing from you, I live in a joint family with multiple members including my parents, brothers and sisters, sons and daughters, nephews and nieces. Several people in our family work in cryptocurrency. We always work on Bitcoins and cryptocurrencies with computers and mobile phones. This made my family's young children interested in our work and wanting to know about Bitcoin.

But the problem is that my family's younger children all study in primary label. Should we educate young children about Bitcoin or introduce them to Bitcoin?

Moreover, another important thing is that in my country cryptocurrency i.e. Bitcoin is a completely government banned currency. So should we teach our children about the banned currency?

Moreover, as time progresses, the interest of children towards Bitcoin is increasing day by day.  Would it be reasonable to keep young children away from Bitcoin in the context of my country?