teaching a 14y/o teenager about Bitcoin

vm1990

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Quote from: Kemarit on May 05, 2017, 10:07:24 AM

I'm currently teaching my 11 year old kid about bitcoin. Its a mix feeling. One day he will have a grasp of what I'm telling all about bitcoin then the next day he's not interested. So its really a challenge for me to teach my kid about bitcoin. He is a tech savvy, he is uploading his own animation videos on YouTube and gaining subscribers. So I'm not afraid that he will not understand bitcoin. Its just gonna be a slow process on both of us. He is currently on a break from school so I still have enough time to open his mind about bitcoin.

you dont want to push them into it to much its got to be something they want to do not something you want to make them know, if there not interested in it then all i can suggest is bring the topic up from time to time, sadly bitcoin isnt something even tech savvy kids get into very often as its not something they can get a reward from, you dont really see much happen with crypto currency and if you do as a kid its almost impossible to spend what ever money you manage to scrape together, hell even as an adult its hard to do anything more that a hobby as big miner have take all the fun out of mining.

dont get me wrong i love bitcoin but only because i got into mining when you could use you PC and earn a profit, theses days theres almost no chance

Kemarit

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I'm currently teaching my 11 year old kid about bitcoin. Its a mix feeling. One day he will have a grasp of what I'm telling all about bitcoin then the next day he's not interested. So its really a challenge for me to teach my kid about bitcoin. He is a tech savvy, he is uploading his own animation videos on YouTube and gaining subscribers. So I'm not afraid that he will not understand bitcoin. Its just gonna be a slow process on both of us. He is currently on a break from school so I still have enough time to open his mind about bitcoin.

cryptodoll

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Show me your #masternodes

This website is full of good info, they have a whole section for beginners

https://blockgeeks.com/

Teens are so good with tech, they will eat it right up!

CryptoDoll

xskl0

sr. member

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Bitcoin SV is Bitcoin

I'm 17 and I started reading articles and watching youtube videos. Then blockchain.info . Then this forum. Then hardware wallet.
I think is what the most of people do or at least something similar.

apoorvlathey

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CryptoTalk.Org - Get Paid for every Post!

Today's teenagers are tech savvy, so it would be not much hard for them to learn to use bitcoins. Show him how bitcoin network works and get him his own wallet with few bits to test it. For starting he may play some btc games that give few satoshis. He may need to indulge in bitcoin communities too. When I was 15 ,I learned about cryptocurrency through the internet, and then from one link to another and then to this forum, I kept on gaining knowledge, experience and desire to earn more and more btcs.

ViceOfBTC21

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Your best bet is to show him Wikipedia page about Bitcoin. http://en.wikipedia.org/wiki/bitcoin Just send him this link and he will prolly learn a lot from this article.

aeternus

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Quote from: r1973 on April 29, 2017, 01:00:39 PM

any good information about digital currencies (i.e. Bitcoin and alt coins, especially Alt mining) for 14 year old teenager beginner that can be a good start?

Don’t try to force the subject if he is not interested then leave him alone you should instead try to encourage an interest in bitcoin and once you have that then you can explain bitcoin to him.

favdesu

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better not waste time on mining. read up on it and understand how it works it enough theses days, you can only lose money.

better buy bitcoin or look for some micro work to earn some.

12 btw

blockcha1n

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Quote from: mrcash02 on April 29, 2017, 05:39:45 PM

I don't think a 14 years teenager will have money to invest in Alt Coin mining. In my opinion it's not a good way to start.

Create your BTC address and start using some faucets as mexicantarget said above and start accessing BitcoinTalk Forum often. Post here and interact with community, visit the sections you have more interest (Alt Coin, right?).

Slowly you can build your bankroll, and when the time comes and you learn more you will be ready to choose what path to follow, what to do (invest in BTCs, which Alt Coins, etc).

Alt coins do not cost that much and are perfect for any one who is dabbling in the cryptocurrency world for the first time to learn on. Before playing with the big boys in the crypto universe. Wink

odolvlobo

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Mining is an advanced topic. Newbies should have a good understanding of everything else before tackling the details of mining.

r1973

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True story. After preliminary preparations from my side earlier this morning, I sat down with my 14 y/o newphew to watch "the rise and rise of Bitcoin" as a starting point for true knowledge of the world. His rabbit holewas the following >> Where do Bitcoins come from? New bitcoins are created randomly and completely spontaneously across the network. All the computers on the network are constantly performing encryption calculations that are designed to ensure that no one else is trying to cheat. Every time a computer performs the required calculation, there is a very small probability that it will be able to solve it before all other computers on the network. In this case, the owner of the computer is entitled to 12.5 Bitcoin coins. New money every 10 minutes. The mathematics behind these calculations is that the reward for the calculation is reduced by half every 4 years, and in the end of 2140 (approximately) no new bitcoins will be produced at all, and the total number of Bitcoin in the network will be 21 million exactly.

He just couldn't get it. He didn't know what is a network, what the Internet is even.

He just couldn't pass this above as if I was talking to a `Zombie` today. He was totally lost in mining.

mundang

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Quote from: r1973 on April 29, 2017, 01:00:39 PM

any good information about digital currencies (i.e. Bitcoin and alt coins, especially Alt mining) for 14 year old teenager beginner that can be a good start?

Its a good thing that a 14 year old teen is already entering the world of bitcoin. However you must first learn what bitcoin is.dont push yourself to learn all the things about cryptocuurency , learn it one by one slowly but surely.

Cereberus

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I would point them to the best resource website for a beginner to start with.

www.bitcoin.org/en

Teenagers are really careless by nature and this thing is natural at their age. If they will find the website interesting for them and find bitcoin interesting they will dive deep down to learn more about it.

I don't know a better way to start someone with bitcoin.

r1973

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thank you all. You gave great advices and tips...

I was thinking for the first few lessions - in this order >> (the first lesson is today):
(1) to install bitcoin wallet on my desktop for him. Electrum 2.8
(2) get some free bitcoin on faoucet sites.
(3) forward him to three gaming sites - www.gamefaucet.com - www.pokebits.com - www.cryptoracers.com (and www.satoshiwars.com)
(4) watch the movie The rise and rise of Bitcoin (2014) [have a copy of the movie on KODI].
(5) and watch a youtube tutorial on Bitcoin, explain and talk about the clip, answer his questions, and to write down for him on a peice of paper all the technical terms he doesn't understand, as a "homework" for him to learn later.

My goal for him, if interested, is for him to learn about Altcoins' Mining.

EDIT - we might start with #4. then 1, 2, 3, 5.

Velkro

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Quote from: r1973 on April 29, 2017, 01:00:39 PM

any good information about digital currencies (i.e. Bitcoin and alt coins, especially Alt mining) for 14 year old teenager beginner that can be a good start?

Teenagers (not only) learn faster if learning is fun. I would recommend bitcoin documentaries.
Its learn and fun in same time, try rise and rise of bitcoin, it was free to watch, not sure now.

clickerz

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Backed.Finance

Quote from: lizardbtc on April 29, 2017, 02:43:13 PM

You can find pretty nice information on youtube regarding cryptocurrencies and how they work. Other would be to join crypto communities for various coins and also to look here at bitcointalk.

Here are some websites that have algorithms for which crypto is best to mine right now : http://whattomine.com , http://www.coinwarz.com/cryptocurrency

Still it won't be that easy.

If you have some coins I'd suggest maybe to find a good PoS altcoin (Proof Of Stake - they don't require mining you just earn coins by running full node depending on how many coins you have in your wallet, the more you have the more you earn).

That is a good reference site for miners. If the student is interested on mining, you can teach him about the computer hardware needed, how to assemble, configure,selecting proper GPU and finally mine. For a teenager who is interested in computers is a good start.

lizardbtc

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Quote from: r1973 on April 29, 2017, 02:59:24 PM

Quote from: lizardbtc on April 29, 2017, 02:43:13 PM

You can find pretty nice information on youtube regarding cryptocurrencies and how they work. Other would be to join crypto communities for various coins and also to look here at bitcointalk.

Here are some websites that have algorithms for which crypto is best to mine right now : http://whattomine.com , http://www.coinwarz.com/cryptocurrency

Still it won't be that easy.

If you have some coins I'd suggest maybe to find a good PoS altcoin (Proof Of Stake - they don't require mining you just earn coins by running full node depending on how many coins you have in your wallet, the more you have the more you earn).

Do you have any suggestions on PoS altcoins?
Yes, this is not easy. I have tried a couple of hours ago to sit down with him (my newphew), trying to watch a basic youtube "what is bitcoin" movie together, and answer his questions - and it was hard(!) from the first second. [thus, I forwarded this chore to his father, my brother:)

Sorry but I don't want to give anyone any advices, best would be to research on your own, as I do not count myself as a guy that can answer well to that question, also have in mind that you won't earn to much from them in case of low amount, they usually give some % per year based on your coins in your wallet.

Here are some good youtube explanations: https://www.youtube.com/watch?v=Lx9zgZCMqXE , https://www.youtube.com/watch?v=axcYecikq8I

And about the wallets : https://www.weusecoins.com/en/find-the-best-bitcoin-wallet/

If you are new you can start playing with dogecoin ( as it is similar to bitcoin) but price is lower and fees are lower so that you can play with it and if you lose some small amount it won't matter much at the beginning , my opinion.

mrcash02

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I don't think a 14 years teenager will have money to invest in Alt Coin mining. In my opinion it's not a good way to start.

Create your BTC address and start using some faucets as mexicantarget said above and start accessing BitcoinTalk Forum often. Post here and interact with community, visit the sections you have more interest (Alt Coin, right?).

Slowly you can build your bankroll, and when the time comes and you learn more you will be ready to choose what path to follow, what to do (invest in BTCs, which Alt Coins, etc).

mexicantarget

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Cypherpunk (& cyberpunk)

I'd suggest you show him how fun can bitcoin be , without him starting with the heavy technical stuff from the beginning.
Step by step. (You need to spark his imagination)

www.gamefaucet.com - www.pokebits.com - www.cryptoracers.com (and www.satoshiwars.com)

If you've got any questions regarding those sites, please let me know.

Good luck!

Bitcoincy

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I think our friends at CoinDesk have a pretty good Beginner's guide to Bitcoins :-)

Topic: teaching a 14y/o teenager about Bitcoin (Read 1911 times)