What would your present situation be if you were introduced to Bitcoin in 2009 or 2010? If you truly understood Bitcoin and its development, that is. The likelihood is that you would then lead a better life. I believe it is important to consider where we want to teach our children about bitcoin. If you introduced Bitcoin to them early, they would benefit more. It's crucial to inspire people about all the technical aspects of Bitcoin.
However it's important to remember that not all kids should use cryptocurrencies, and that parents should carefully consider their kid's maturity and capacity for understanding potential dangers before doing so.
Topic: Teaching children Bitcoin is not in vain - page 9. (Read 1726 times)
Teaching kids bitcoin is important because bitcoin is the future and will likely become very popular, expensive, and can also be used as an alternative to money.
but we also have to teach them at the right age so as not to interfere with their childhood to develop, and most importantly we have to teach them to manage money well such as saving and also spending money only for what they want or need, and in this way we can teach bitcoin. Because they will get used to treating bitcoins like they are managing their money in the best possible way and using savings when they really need it.
and I personally will teach bitcoin to my child at the age of 10 after my child can manage money well as I mentioned above, and I think 10 years is the right age, because he can quickly catch and understand what we teach and it also depends on how we teach it.
but we also have to teach them at the right age so as not to interfere with their childhood to develop, and most importantly we have to teach them to manage money well such as saving and also spending money only for what they want or need, and in this way we can teach bitcoin. Because they will get used to treating bitcoins like they are managing their money in the best possible way and using savings when they really need it.
and I personally will teach bitcoin to my child at the age of 10 after my child can manage money well as I mentioned above, and I think 10 years is the right age, because he can quickly catch and understand what we teach and it also depends on how we teach it.
Bitcoin will also help children to value money I believe. Because of what I experienced before when I started to learn about Bitcoin, I started to become responsible for my money just like how to value your money, how you track your expenses, investment and deep more into the financial system we have now, trying to understand and connecting the dots because if you want to learn Bitcoin, you will somehow encounter some of these.
That’s also one good reason why there’s a need to teach our kids about bitcoin and how it will be beneficial for them in the future. Bitcoin will eventually teach them on how to be responsible with their own finances, and that they will never spend on things that do not have value in the long term. So most likely, if they become good bitcoin investors in the future, they will also learn to manage their finances as well.
I think that Bitcoin is good to be known from youthful age. I have noticed that assuming so many of us notice the important of Bitcoin in time we would have all be a partial millionaire if I'm not mistaken of being a full millionaire.
You think so? That those who knew about bitcoin at youth should by now be partial millionaires? Eventhough that is what you expect, that is not how it works. There are many people here who knew about bitcoin that first year it was launched yet they will tell you they missed out. They cry of how rich they would have become if they know what they know now. Being a youth knowing about bitcoin is not a conclusion that you would have taken the risk to invest in it. There are many youths today who know about bitcoin but are not investing in it.
We do not even teach finance to children, let alone start teaching about bitcoin. There are kids who start to use phones as little as 2 years old, they use it to watch cartoons of course but tech is in their hands, those kids 20 years later will be much better at tech than the previous generation on average, of course not the coders and developers of previous generation, but when you calculate the average they will be better at it.
These kids learning about bitcoin at an early age will give them a huge benefit. However, we do not teach kids even finance and that means we are letting them down, they learn about money way too late in life and by then it is usually too late.
These kids learning about bitcoin at an early age will give them a huge benefit. However, we do not teach kids even finance and that means we are letting them down, they learn about money way too late in life and by then it is usually too late.
I am one of those people who believe children should concentrate on having fun and enjoying life at their young age... we should not burden them with the worries of money, because there are enough time for them to "make" money when they are older.
Now, that said.... there is nothing wrong with you talking to them and teaching them to be disciplined when it comes to the spending part of it.. but do not go into too much detail, because it is too early.
Now, that said.... there is nothing wrong with you talking to them and teaching them to be disciplined when it comes to the spending part of it.. but do not go into too much detail, because it is too early.
We should let the children enjoy their time being kids but once they can understand the importance of financial literacy and savings we will need to explain to them some ways that can help them save. Not literally to for them to earn but to put their money into something worth investing than putting in gadgets or in things that will not generate money or will just lose value in the future. We're lucky enough to be able to learn Bitcoin now so it is good if we will be able to spread and make our families aware about this.
Teach them the knowledge and technology, not about the value. Age can affect the absorption of knowledge, but because bitcoin technology is very complicated, of course, no one has to teach their children as early as possible. After all, not all children like what their parents do, on average they tend to like their own world and of course the best attitude from parents is to let their children master their own world and their choices.I may be responsible for teaching my child the basics of bitcoin at age 15+, while if they are not interested it still allows me to do so for some time until he understands what bitcoin is and what it is used for. It's the same with other investment assets, they need proper knowledge about it even if they are not interested in it in the end.
Here I am going to disagree with you a bit. Children's reading age is middle and high school. If they can learn well during this time, they can take the next steps on their own. But I think not educating children on bitcoin at this young age. If children are educated in bitcoin education at this time, they will rise to work and invest and trade. Then their attention will go away from their studies. Because when they deal a lot of money at a young age, they will lose their minds from their studies. No matter how much you want to, you cannot concentrate on your studies. So I would say it is acceptable to educate them in Bitcoin education when they reach a certain age where it will not harm their education if they are educated in Bitcoin education.
Like some others have mentioned, I think the conversation for Bitcoin is one that should definitely wait until a child has a basic to moderate financial literacy. They should understand the US dollar (or whatever currency is used in their country) and mechanics about that currency before they are taught about Bitcoin, or the concepts of blockchain and cryptocurrencies as a whole. Maybe one day Bitcoin will stand on its own as a worldwide recognized currency with an established value in people's heads. But right now when people think of the value of Bitcoin, they put it into terms of how much of their country's currency (or USD) it is worth.
For example: if someone said: "This car costs 1 Bitcoin", then the question to follow would most certainly be: "How much is that in dollars?", so that you can get an understanding of what the car is worth in relation to what you've seen other cars valued at, all in USD.
I came across this video talking about this dude who made a game to teach kids about Bitcoin: https://youtube.com/shorts/j85ITb3Cnoc?feature=share
For example: if someone said: "This car costs 1 Bitcoin", then the question to follow would most certainly be: "How much is that in dollars?", so that you can get an understanding of what the car is worth in relation to what you've seen other cars valued at, all in USD.
I came across this video talking about this dude who made a game to teach kids about Bitcoin: https://youtube.com/shorts/j85ITb3Cnoc?feature=share
Bitcoin is digital currency that is being widespread almost all the continent, and some people notice the development of Bitcoin very late, and it enables some people not to invest in Bitcoin in far back 2009 and 2010. Therefore i noticed that teaching children of Bitcoin in early stage and mostly children that is up to ten years and above, inculcating the functions and the importance of Bitcoin in children will make them to develop widely with the knowledge being inculcates with them already. I think that Bitcoin is good to be known from youthful age. I have noticed that assuming so many of us notice the important of Bitcoin in time we would have all be a partial millionaire if I'm not mistaken of being a full millionaire.
Giving new knowledge to children is indeed important to increase their knowledge and support their development.
But I think you are really selfish if you cram material that is not fully acceptable to childrens.
What do you think about instilling the function and importance of Bitcoin in your child? do you want to exploit your child?.
I personally think teaching young children about the importance of saving might sound more reasonable.
Instead of teaching childrens about Bitcoin, it is better to teach and instill morals and goodness in childrens.
I think it's the teenage age that might be more suitable to be given an understanding of Bitcoin.
Because in their teens they begin to have rational thinking and good understanding.
Bitcoin is digital currency that is being widespread almost all the continent, and some people notice the development of Bitcoin very late, and it enables some people not to invest in Bitcoin in far back 2009 and 2010. Therefore i noticed that teaching children of Bitcoin in early stage and mostly children that is up to ten years and above, inculcating the functions and the importance of Bitcoin in children will make them to develop widely with the knowledge being inculcates with them already. I think that Bitcoin is good to be known from youthful age. I have noticed that assuming so many of us notice the important of Bitcoin in time we would have all be a partial millionaire if I'm not mistaken of being a full millionaire.
It is not all about teaching children about Bitcoin, the most important thing is how knowledgeable is the person teaching them about Bitcoin. What exactly will the teacher teach children about Bitcoin?
Perhaps, you will teach them how to invest in Bitcoin and suddenly your investments will rise and yield profit. If it is so that would be a very dangerous thing to teach children. This is because it will push them to start investing when they don't have the ability to take care of the consequences of their investment.
Therefore, I am of the opinion that children should be left out of bitcoin until they re of age and they can take care of whatever decision they make.
As a parent you can decide to invest for your children, when they grow rhey will inheriteit. Don't bother them with the issues of Bitcoin
It's not necessary to teach kids about bitcoin at a very young age, it can shift their attention toward money and you all know that in school teachers don't teach students about money, so I'd say its better to wait for them to grow up a bit and check what this kids like doing, kids are always curious about things and if they have goals and you introduce bitcoin to the kids it can impact their thinking and goal.
I will only teach teenagers that are into tech and computers, if you think about it very well you will understand why.
We should let the children enjoy their time being kids but once they can understand the importance of financial literacy and savings we will need to explain to them some ways that can help them save. Not literally to for them to earn but to put their money into something worth investing than putting in gadgets or in things that will not generate money or will just lose value in the future. We're lucky enough to be able to learn Bitcoin now so it is good if we will be able to spread and make our families aware about this. I will only teach teenagers that are into tech and computers, if you think about it very well you will understand why.
Bitcoin is digital currency that is being widespread almost all the continent, and some people notice the development of Bitcoin very late, and it enables some people not to invest in Bitcoin in far back 2009 and 2010. Therefore i noticed that teaching children of Bitcoin in early stage and mostly children that is up to ten years and above, inculcating the functions and the importance of Bitcoin in children will make them to develop widely with the knowledge being inculcates with them already. I think that Bitcoin is good to be known from youthful age. I have noticed that assuming so many of us notice the important of Bitcoin in time we would have all be a partial millionaire if I'm not mistaken of being a full millionaire.
Information dissemination is key in this age.so,children should be exposed earlyto as many relevant information as possible to guide them in decision making.Though they may not be able to buy,sell or trade Bitcoin for now,but they should be taught what Bitcoin and cryptocurrency is,how to get it and what it's used for.you may as well connect them with crypto faucet,where they can earn small amount of Bitcoin by completing simple task.That way you spur their enthusiasm as soon as they start seeing results.But endeavor to strike a balance between financial education and the pursuit of other aspects of their lives growing up as kids
Financial literacy are way better, its better to teach them the whole concept of money and not just about Bitcoin because if they don't know how to handle their finances, then knowing Bitcoin is useless. Younger generation should start working with their financial awareness, and we should guide them on every possible way.
You can never go wrong with teaching your kids about money or like they call it financial literacy education. There is saying that goes thus, "train up a child in the way they should go and when they are old they will never depart from it". For most people who are rich now, they followed the money lessons or disciplined taught to them when since their younger years from their dads and moms.We should teach our kids too about money. We should teach them to be prudent with money. By so doing we would have set them up for a life of filled with prosperity.
It's not necessary to teach kids about bitcoin at a very young age, it can shift their attention toward money and you all know that in school teachers don't teach students about money, so I'd say its better to wait for them to grow up a bit and check what this kids like doing, kids are always curious about things and if they have goals and you introduce bitcoin to the kids it can impact their thinking and goal.
I will only teach teenagers that are into tech and computers, if you think about it very well you will understand why.
I will only teach teenagers that are into tech and computers, if you think about it very well you will understand why.
What do you think would be a good age entry barrier to start talking about it?
I'm scratching my head about it. As soon as they have some general IT knowledge and fundamentals?
I'm scratching my head about it. As soon as they have some general IT knowledge and fundamentals?
Children should not be concerned with earning money or be led to believe that earning money is the most important thing in life, but teaching them generally about what money is, which kinds of money exist, and how Bitcoin is different from other types of money is probably useful. Of course, it's important not to make it boring and not to force children into learning these things because then they might hate it all later, which is even worse for crypto adoption than if a child never heard of Bitcoin. So I agree about teaching children, but I disagree that the motive for it should be around investment and becoming rich.
We are all investors here, so talking about bitcoin without talking about investment is an omission. Bitcoin is almost exclusively for investment, other utilities will be almost useless if it no longer generates profits. I think bitcoin education for children need not be rushed or too early, when they are old enough we can teach them later. Bitcoin is not a necessary skill for their age.
Bitcoin is good to teach children. because it can broaden their horizons at an early age, and can make them more familiar with bitcoin for their future success.
I have noticed that assuming so many of us notice the important of Bitcoin in time we would have all be a partial millionaire if I'm not mistaken of being a full millionaire.
I'm very sure you've been hearing about Bitcoin even before now but maybe no money to invest in it or maybe you weren't sure of the project.
I heard of Bitcoin far back 2017 but I never picked interest in it because I heard of it when ponzi schemes was very
Frequent in my country and with all the sad news I heard about online Money, it wasn't easy for me to risk it not even for Bitcoin but I guess I'm already regretting it but not that much of a regret as I still came in during the deep and I had to share this story because I'm sure it take Strong minds to invest in Bitcoin or crypto with it's high rate of volatility and I know most persons must have heard about Bitcoin one way or the other and most persons didn't grab the opportunity during the dip not because they haven't heard of it but because they don't have the money to invest in it or maybe the mind.
And now I'm not against teaching children about Bitcoin from their early age but I think it will be more better you let them focus more on their regular studies rather than crowding their brains with complex issues as Bitcoin.
Children should not be concerned with earning money or be led to believe that earning money is the most important thing in life, but teaching them generally about what money is, which kinds of money exist, and how Bitcoin is different from other types of money is probably useful. Of course, it's important not to make it boring and not to force children into learning these things because then they might hate it all later, which is even worse for crypto adoption than if a child never heard of Bitcoin. So I agree about teaching children, but I disagree that the motive for it should be around investment and becoming rich.
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