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Topic: Stop stressing kids with bitcoin - page 9. (Read 1203 times)

legendary
Activity: 2296
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June 15, 2023, 05:25:21 AM
#41
Finally a fellow soul in a question regards kids and Bitcoin. I am also against teaching kind about Bitcoin in purpose. I feel seek when I see people want to recover their lost opportunity to earn by teaching kid early as possible about Bitcoin. First of all this is stupid, because current Bitcoin price will never drop to hundred dollars and kids wont be able to turn invested 100 into 1,000,000. Second, let kids to what they want. Parents should only monitor what they do and help, motivate and support what they found they are interested in. They have full life ahead, plenty of time to learn about Bitcoin, crypto or what ever they want, but their childhood time is limited.
member
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June 15, 2023, 03:44:52 AM
#40
I've seen several threads where people preach teaching bitcoin to kids and I've also seen threads where others talked about having  some savings(investments) in bitcoin  for their kids which is right.

Just as my topic reads, we should stop stressing  kids with wanting them do things we didn't meet up doing and at some points getting them mentally stressed.

Please don't get me wrong because I'm typically  not against teaching  or maybe introducing bitcoin  to your kids but I'm  on the opinion  that rather than bother them with this complicated digital asset (bitcoin) knowing fully well that no matter how much knowledge  we have about it, if we don't have the money to buy, then we'll  certainly  miss out, and judging from this, I don't think it's wise teaching them or wanting to force it on them when we know that they can't afford it.

I will suggest that, rather than bore them with the history of bitcoin,  why not get a portfolio for them and keep investing in it and watch it grow with them and when they're of age, then you can practically  show them the needful.

I want to know if there are people who also share same opinion with me and please lets just discuss rather than argue

I totally agree with you on this. While it is good to invest on behalf of kids, we should not bore them with Bitcoin knowledge for now. With time as they grow up, they will come to embrace it themselves, not forcing them to know about BTC
hero member
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June 15, 2023, 03:27:53 AM
#39
You have presented a logical point. Many of us have become enthusiastic about Bitcoin and sharing it with children. I would say they are playing a role in the promotion of Bitcoin but we mustn't avoid whether the kids can realize the importance of Bitcoin at this time? Of course not, and I don't think there's any point in learning them at a young age unless they're mature. If parents believe in Bitcoin and hold bitcoin for their children that will be a perfect initiative. As their child grows up, Bitcoin will become a great asset.
hero member
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June 15, 2023, 02:55:04 AM
#38
Consistency makes improvements
It all depending on the age range of those kids i can't say any child who is above 14 years of age is still a kid, or lets say above 10 years can not learn bitcoin. The only sets of kids you would talks about should be from 1 year to 5 years old, I don't think we should stress these sets of kids with all heavy talks of bitcoins rather just like someone suggested earlier to buy a bitcoin rhyme book or story book that tells about bitcoin, with this they would gain a primary knowledge of bitcoin and to me I don't think is stress to them because children loves reading a story book or painted book that shows the image of bitcoin.

So therefore, getting enclind with the knowledge of bitcoin is also good because it would help position them against any external/internal exams or quiz competition. I have also came across some post over here that says they gives a prize awards to some secondary school students who they feels are bright or knowledgeable, probably that answers more questions related to bitcoin progression and all talks. It's a good thing to learn, that was why those kids won those prizes as a gift from some of our forum users here.
member
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June 14, 2023, 11:38:12 PM
#37
all parents definitely want the best for their children's future, including parents must provide a good education such as sending their children to school and so on.

but there is nothing wrong with parents teaching bitcoin to their children as long as they are old enough, for example, 13 or 14 years old, but there is no element of coercion.

so indeed in this case we as parents should not do things that damage a child's mentality, so we must educate our children well and wisely.
legendary
Activity: 2576
Merit: 1860
June 14, 2023, 11:27:22 PM
#36
I'm with you on this. I also don't like children to be burdened about this Bitcoin thing. Let them hear it when you discuss it with family and friends. Let them get curious about it when they see the logo everywhere. Let them ask questions about it when they hear it mentioned on TV or in a movie or series. But don't try to impose it on them as if it is some kind of a survival thing.

At the end of the day, there are a million other things that matter a lot more to these children than Bitcoin.
sr. member
Activity: 882
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June 14, 2023, 11:24:48 PM
#35
I've seen several threads where people preach teaching bitcoin to kids and I've also seen threads where others talked about having  some savings(investments) in bitcoin  for their kids which is right.

Just as my topic reads, we should stop stressing  kids with wanting them do things we didn't meet up doing and at some points getting them mentally stressed.

Indeed, teaching complex financial concepts like Bitcoin must be age-appropriate and correct. Young children may not have the cognitive abilities to fully understand the ins and outs of Bitcoin and its risks. And indeed, it is very important to give them an education appropriate to their stage of development and gradually introduce more advanced financial concepts as they get older.

Let them enjoy their childhood stress-free by burdening them with complicated investment topics that put unnecessary pressure on them. But as parents, we need to be smart, slowly approach it in a way that fosters curiosity, understanding, and healthy money habits. In our efforts to teach children about fundamental financial concepts such as budgeting, saving and responsible money management. Building a solid foundation in this area will benefit them regardless of their future investment choices.

Please don't get me wrong because I'm typically  not against teaching  or maybe introducing bitcoin  to your kids but I'm  on the opinion  that rather than bother them with this complicated digital asset (bitcoin) knowing fully well that no matter how much knowledge  we have about it, if we don't have the money to buy, then we'll  certainly  miss out, and judging from this, I don't think it's wise teaching them or wanting to force it on them when we know that they can't afford it.

It's understandable to be wary of pressuring kids with a complicated financial concept like Bitcoin, but there are also things to consider.

I will suggest that, rather than bore them with the history of bitcoin,  why not get a portfolio for them and keep investing in it and watch it grow with them and when they're of age, then you can practically  show them the needful.

I want to know if there are people who also share same opinion with me and please lets just discuss rather than argue

As a parent who already understands a little about the world of money markets, it's not wrong to also provide exposure to financial literacy from an early age, which means introducing our children (if they are old enough, I mean at a young age) to the concepts of money, investment and cryptocurrency can help develop them. financial literacy and their understanding of financial markets. It can empower them to make informed decisions in the future.

Secondly, we give another picture in terms of its long term investment potential where Bitcoin has shown significant growth in the past, and by teaching kids about it they may have the opportunity to benefit from its long term investment potential. Even if they can't afford Bitcoin right away, learning about its history and investing principles can help them make the right decision in the future when they have the means.

And I think this point is important, because the globalization of financial technology is growing over time, meaning that by providing technology awareness and digital skills, in this case Bitcoin, can increase their understanding of new technologies and digital skills. This knowledge can be valuable in an increasingly digital world and can open up career opportunities in the future.

hero member
Activity: 798
Merit: 546
June 14, 2023, 11:12:52 PM
#34

This isn't their age to learn this bullshit, you at your 30s are learning it for the first time and now trying to enforce it to them at the age of 13.
No financial advice should be given to a child before they turn 16. Let them enjoy life, it's too complicated after that.
Taking your point into consideration, Bitcoin was not in existence until created in 2009 and I guess a lot of us here who are within the age of 30 now and above didn't have the opportunity to have Bitcoin in existence at age of 13 for these comparison, maybe some us here might have also had the opportunity to be taught Bitcoin stuffs by our parents, Therefore I see no wrong teaching kids things about Bitcoin at age of 13 ,if they are interested to learn and if their brains can catch it up because some kids at age 13 are smart in capturing things as if they are in their age 20s .

However, the decision varies from parents to parents who are Bitcoin enthusiast to decide what age they want their kids to know about Bitcoin so far the kids are within their teenage age.
copper member
Activity: 2968
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June 14, 2023, 09:16:09 PM
#33
I've seen several threads where people preach teaching bitcoin to kids and I've also seen threads where others talked about having  some savings(investments) in bitcoin  for their kids which is right.

Just as my topic reads, we should stop stressing  kids with wanting them do things we didn't meet up doing and at some points getting them mentally stressed.

Please don't get me wrong because I'm typically  not against teaching  or maybe introducing bitcoin  to your kids but I'm  on the opinion  that rather than bother them with this complicated digital asset (bitcoin) knowing fully well that no matter how much knowledge  we have about it, if we don't have the money to buy, then we'll  certainly  miss out, and judging from this, I don't think it's wise teaching them or wanting to force it on them when we know that they can't afford it.

I will suggest that, rather than bore them with the history of bitcoin,  why not get a portfolio for them and keep investing in it and watch it grow with them and when they're of age, then you can practically  show them the needful.

I want to know if there are people who also share same opinion with me and please lets just discuss rather than argue
I don't think anyone is making their kids sweat and stress over bitcoin. It's all about educating them about something. More like showing that what future financial system might be. That's not a bad thing, is it? Keeping them prepared for everything. Teaching them how crypto currencies work and how to keep them safe from early days will actually help them make better decisions in the future. Its like teaching them how to save money and keep it safely on their piggy banks. But its a whole different story if someone is foricing their kids to buy and save in bitcoins. You shouldn't force them.

The portfolio thing is not a bad idea. They can watch it grow, but the problem is, all they will learn is that crypto currencies are for investment only.
legendary
Activity: 2380
Merit: 2369
June 14, 2023, 08:29:39 PM
#32
I've seen several threads where people preach teaching bitcoin to kids and I've also seen threads where others talked about having  some savings(investments) in bitcoin  for their kids which is right.

Just as my topic reads, we should stop stressing  kids with wanting them do things we didn't meet up doing and at some points getting them mentally stressed.

Please don't get me wrong because I'm typically  not against teaching  or maybe introducing bitcoin  to your kids but I'm  on the opinion  that rather than bother them with this complicated digital asset (bitcoin) knowing fully well that no matter how much knowledge  we have about it, if we don't have the money to buy, then we'll  certainly  miss out, and judging from this, I don't think it's wise teaching them or wanting to force it on them when we know that they can't afford it.

I will suggest that, rather than bore them with the history of bitcoin,  why not get a portfolio for them and keep investing in it and watch it grow with them and when they're of age, then you can practically  show them the needful.

I want to know if there are people who also share same opinion with me and please lets just discuss rather than argue
As I said in another thread I don't see nothing wrong with teaching kids about bitcoin, the important thing is not to exaggerate or turning it into something that is actually stressful for them. It must be something between a game and a lesson. Teaching about bitcoin is also quite specific, maybe it would be better starting with something more general, like how money works, why is not always possible to buy what your kid likes (or wants), why is important to save money and investing instead of throwing it away, etc etc.
hero member
Activity: 2044
Merit: 501
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June 14, 2023, 08:20:30 PM
#31
I've seen several threads where people preach teaching bitcoin to kids and I've also seen threads where others talked about having  some savings(investments) in bitcoin  for their kids which is right.

Just as my topic reads, we should stop stressing  kids with wanting them do things we didn't meet up doing and at some points getting them mentally stressed.

Please don't get me wrong because I'm typically  not against teaching  or maybe introducing bitcoin  to your kids but I'm  on the opinion  that rather than bother them with this complicated digital asset (bitcoin) knowing fully well that no matter how much knowledge  we have about it, if we don't have the money to buy, then we'll  certainly  miss out, and judging from this, I don't think it's wise teaching them or wanting to force it on them when we know that they can't afford it.

I will suggest that, rather than bore them with the history of bitcoin,  why not get a portfolio for them and keep investing in it and watch it grow with them and when they're of age, then you can practically  show them the needful.

I want to know if there are people who also share same opinion with me and please lets just discuss rather than argue
I don't really know why kids would be stressed about it?
I mean from my point of view we are just opening it to them and for a young age we don't really believe that even if we discuss it to them thoroughly they would understand it.
And doesn't most of us faced similar fate on our early age? I mean most of us had faced reality on our early age knowing that not everything that we want would be given to us, and if they really got interested in Bitcoin isn't it a good thing? that means in an early age they want to earn or save money?
What's the negative thing about it?
legendary
Activity: 2282
Merit: 3014
June 14, 2023, 08:04:35 PM
#30
As I've pointed out in these other threads, I'm a financial advisor by trade, and teaching people about investments is what I do for a living.  Often times I'm helping clients learn about bitcoin.  I honestly wish my clients were concerned about teaching their children about bitcoin.  Most of my clients who own bitcoin keep theirs on an exchange, own shitcoins worth absolutely nothing, and have no idea what they're doing and refuse to listen to direction ..if only they cared to teach themselves, let alone their children.

My father taught me about the stock market from a very young age.  I was probably 8 or 9 when I started to get curious about money, stocks, the stock market, investing etc.  I would not have become a financial advisor if it weren't for him teaching me so early on.

Teaching kids about bitcoin in very basic ways, increasing the education as time goes on, is perfectly fine and healthy.  Teaching kids about money period from as early on as they can handle, is a good thing.  The problem with this world is a major lack of parenting, and parents thinking they shouldn't be teaching their young kids stuff because they wont understand it...THIS IS WHY YOU TEACH THEM, so they will start to understand it.  You don't have to put all sorts of pressure on them, there's still great ways to teach kids in a fun and harmless manner. 

Challenge your children!  They'll be better off for it. 

They even make comics/booklets to help teach kids..


full member
Activity: 756
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June 14, 2023, 07:13:34 PM
#29
The thing is bothering me that I have seen members, especially new ones on this forum are educate their kids about bitcoin. Some threads are even made from primary teachers who is teaching bitcoin in their classes. I am also not against it but the thing is when you teach something in class it becomes mandatory for the students to follow so you are forcing the kids to learn about bitcoin at that early age which I don't like.

I know those members give a damn about my liking or not but when they got scammed or make anything wrong with bitcoin it will affect on the bitcoin itself and so called bitcoin preachers. So good luck with that.
sr. member
Activity: 1638
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June 14, 2023, 07:09:00 PM
#28
I've seen several threads where people preach teaching bitcoin to kids and I've also seen threads where others talked about having  some savings(investments) in bitcoin  for their kids which is right.

Just as my topic reads, we should stop stressing  kids with wanting them do things we didn't meet up doing and at some points getting them mentally stressed.

Please don't get me wrong because I'm typically  not against teaching  or maybe introducing bitcoin  to your kids but I'm  on the opinion  that rather than bother them with this complicated digital asset (bitcoin) knowing fully well that no matter how much knowledge  we have about it, if we don't have the money to buy, then we'll  certainly  miss out, and judging from this, I don't think it's wise teaching them or wanting to force it on them when we know that they can't afford it.

I will suggest that, rather than bore them with the history of bitcoin,  why not get a portfolio for them and keep investing in it and watch it grow with them and when they're of age, then you can practically  show them the needful.

I want to know if there are people who also share same opinion with me and please lets just discuss rather than argue

It's not like you're stressing your kids with Bitcoin, you make it sound like people forcing their kids to learn Bitcoin which is probably not possible to understand this kind of thing at their age. I mean it's understandable but you could easily expose your kids to Bitcoin with the Bitcoin logo, animations, books, etc. which is normally what kids would like right? So it wasn't like you're forcing them to learn Bitcoin your just giving them the idea, and probably when they become a teenager they might wonder what actually Bitcoin is search about it, and potentially in the future become a bitcoin investor as well.

I have a different opinion since I would probably do this, than just giving them a wallet or Bitcoin that they have no idea what it is, if they doesnt have the foundation they might just end up selling that Bitcoin that you gave them. For me it's better to teach them how to save and invest so that in the future they will be the one that is going to buy Bitcoin with their own savings.
hero member
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June 14, 2023, 06:58:23 PM
#27
I will suggest that, rather than bore them with the history of bitcoin,  why not get a portfolio for them and keep investing in it and watch it grow with them and when they're of age, then you can practically  show them the needful.
It your opinion and for what is worth, teaching kids about bitcoin could be really boring to them. I mean, how fun can it get! This is a new innovation that most adults don't even follow or are even ready to give it a thought and here we are, hoping that somehow kids can follow through.

It's finance and there isn't anything way interesting about it, no fun gor kids in the idea that they could lose money. Not to mention, they don't even have the money to invest or the idea go follow up on an investment except you do it for them but,
Getting an investment in there name and perhaps when they grow older to realise that there was some investment in there name, its worth then and now, there interest would be unwavering.
hero member
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June 14, 2023, 06:38:16 PM
#26
+1 merit, mate. I have literally said this in one of my post where the OP was trying to teach Bitcoin and how the Crypto works to kids.
This isn't their age to learn this bullshit, you at your 30s are learning it for the first time and now trying to enforce it to them at the age of 13.

No financial advice should be given to a child before they turn 16. Let them enjoy life, it's too complicated after that.

Age is a very arbitrary concept. A person can learn what he is interested in, regardless of age. It is the level of his development and motivation which really matters. Yes, we mostly study bitcoin after 20-30, but we were the first to encounter it and we did not have teachers who could explain something. We are self-educating. And our children can already start by learning from us. They have and will have someone who will help them in the first stages and they will not refuse to face an unknown phenomenon themselves. You don't have to stress them out, of course. But it is worth encouraging the study of this topic, it seems to me.
sr. member
Activity: 728
Merit: 421
June 14, 2023, 06:34:21 PM
#25
These generational kids are very smart and intelligent. Very inquisitive and ready to know unlike the old generation were there was nothing as sophisticated as this day modern technology.

 I will say this if you have a kid that is too inquisitive about technology or something new, do not fail to give them all information about it so as to aid their knowledge more on that subject matter. As they have already picked interest in it, It would not cost anything for them to flow with it very fast. That is how it is now. It would be in your interest to teach them well with the right thing otherwise someone else would teach them the wrong thing the wrong way and that might likely result to disaster.


I don't think any child below the age of 11 shoukd be bothered with cryptocurrency, no matter how much interest they  have in it.

I guess you are trying to say something with respect to the Crypto ups and downs which has to do with the market trends hence you are pushing for kids to not be bothered about it. If this is your point then I must say this should not be a problem because I think it is enlightenment stage for the child to assimilate more information on what they have willing required for.
sr. member
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June 14, 2023, 06:30:54 PM
#24
I've seen several threads where people preach teaching bitcoin to kids and I've also seen threads where others talked about having  some savings(investments) in bitcoin  for their kids which is right.
I dont think anything is wrong in the later, having a savings for.your kids in Bitcoin is something that i really encourages and as a matter pf.fact bitcoin was the first asset i ever acquired for my unbord kids, because if i start holding bits for.my unbord child from now that will automatically make the xhild a ling term holder as at when he will have access to the bitcoin so to me fhis is a great opportunity to prepare ahead for the future t of. our kids.

Quote
Just as my topic reads, we should stop stressing  kids with wanting them do things we didn't meet up doing and at some points getting them mentally stressed.
You are right, let the kids enjoy their childhood and stop worrying them with some financial terms that will stress their young brain, because as kids their should be allowed to play and have fun at that age.

Quote
Please don't get me wrong because I'm typically  not against teaching  or maybe introducing bitcoin  to your kids but I'm  on the opinion  that rather than bother them with this complicated digital asset (bitcoin) knowing fully well that no matter how much knowledge  we have about it, if we don't have the money to buy, then we'll  certainly  miss out, and judging from this, I don't think it's wise teaching them or wanting to force it on them when we know that they can't afford it.
There is nothing wrong with your statement since we have hard similar discussions as.to what the extent of the pressure of teaching kids on subjects that are above their mental capacity and it resultant impact and implications on the brain development of the child

Quote
I will suggest that, rather than bore them with the history of bitcoin,  why not get a portfolio for them and keep investing in it and watch it grow with them and when they're of age, then you can practically  show them the needful.

I want to know if there are people who also share the same opinion as me and please let's just discuss rather than argue
Great idea, having a set portfolio and having constant deposits for the kids is the best possible formula and in the future when the kids are grown then one can introduce them to Bitcoin and hand over the portfolio to them to manage since at that time the already developed enough to be able to handle critical financial decisions.
copper member
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June 14, 2023, 06:27:40 PM
#23
+1 merit, mate. I have literally said this in one of my post where the OP was trying to teach Bitcoin and how the Crypto works to kids.
This isn't their age to learn this bullshit, you at your 30s are learning it for the first time and now trying to enforce it to them at the age of 13.

No financial advice should be given to a child before they turn 16. Let them enjoy life, it's too complicated after that.
sr. member
Activity: 602
Merit: 288
June 14, 2023, 06:14:38 PM
#22
Just as my topic reads, we should stop stressing  kids with wanting them do things we didn't meet up doing and at some points getting them mentally stressed.

Some people don’t view it as such and teaching their children about bitcoin becomes a necessity for them in order for their children not to miss out of partaking in bitcoin from early age such as they themselves already missed out. We not meeting up when we were like them might be as a result of some circumstances that we have no solution to. If the children are free of that circumstance, the parents feel they should engage them from early age but putting in mind about their mental health is very paramount in this regard.

Quote
I will suggest that, rather than bore them with the history of bitcoin,  why not get a portfolio for them and keep investing in it and watch it grow with them and when they're of age, then you can practically  show them the needful.

When children are young, they understand and integrate things more quickly than when they are older. And not all children will value money when it is given to them at a later age since they will not value the fundamentals of its development.  Furthermore, observing the process of its growth through the years amidst all of the market conditions it must have encountered would not be understood by all. Instead of buying and piling it for them as it increases, engage the kids along the holding process as they grow with their money.
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