Teaching college students about Bitcoin

TribalBob

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Quote from: tomos81 on August 11, 2022, 04:28:30 AM

Bitcoin is a well-known currency in almost all countries. There are very few countries where people are not aware of Bitcoin because now in the modern age if anything has to do with social media it must be about Bitcoin. Bitcoin is a virtual currency, people of all countries must know something about it. However, through our various discussions, you will definitely know better about science.

yes they know what bitcoin is from google and existing articles, but of the many articles that do not explain in detail the good and bad that can be faced after entering the bitcoin space itself, as we know the media is very much public lies about bitcoin and
most of them think bitcoin is some kind of MLM and ponzi,

tomos81

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Bitcoin is a well-known currency in almost all countries. There are very few countries where people are not aware of Bitcoin because now in the modern age if anything has to do with social media it must be about Bitcoin. Bitcoin is a virtual currency, people of all countries must know something about it. However, through our various discussions, you will definitely know better about science.

xSkylarx

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Quote from: 8rch7 on August 10, 2022, 05:47:13 AM

It's not easy to teach bitcoin to young people, but I really applaud you because you are willing to provide free services to them to get an amazing experience in the future, the beginner guide we have to teach them is to understand the crypto market capitalization and how to calculate it, I am very sure if they succeed one day surely your service will be remembered by all of them.

We need this kind of people to lessen the disinformation about bitcoin. It could really be hard to learn for some people that are not into tech stuff but they should atleast know that bitcoin is a currency and not some ponzi scheme like what scammers often tell people.

What he taught was the very basics about bitcoin. Understanding the crypto market is already an advance topic and I think he should properly learn about it first before teaching it to his students.

Smartvirus

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Quote from: Cryptodebjoe on August 10, 2022, 02:56:09 PM

i told them that Warren Buffet said that one of the major things to do during an economic reccession such as we have now is invest in ventures that has low capital i now told them if they can buy 20USD worth of bitcoin and allow it remain that it will be their greatest graduation package in the shortest future and 3 of them downloaded their wallets and bought it with their disposable cash....

You've done a good job to have convinced them to invest but, I hope they understand that, its doesn't end with buying but it proceeds to how long they could hodl. That's of the most importance as, that's probably the best way to gain from bitcoin market. Also, 3nuser that they realise security is next to non in the cryptospace, trust is everything and they be guided that what is lost is most likely unrecoverable except in rear cases involving an escrow. In all, in as much as you've managed to get a few folks to appreciate cryptocurrency, when they fully understand, the would appreciate you. I get few of this from some persons I've introduced in the past but the number that couldn't push through is far greater than the once that did. These days, I tend to be more conserved in my dealings.

Cryptodebjoe

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I actually havent been priviledged to tutor large set of students but i remember introducing BTC to my younger siblings and a few of their friends about bitcoin as as a long term savings plan for their graduation i told them that Warren Buffet said that one of the major things to do during an economic reccession such as we have now is invest in ventures that has low capital i now told them if they can buy 20USD worth of bitcoin and allow it remain that it will be their greatest graduation package in the shortest future and 3 of them downloaded their wallets and bought it with their disposable cash....

8rch7

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It's not easy to teach bitcoin to young people, but I really applaud you because you are willing to provide free services to them to get an amazing experience in the future, the beginner guide we have to teach them is to understand the crypto market capitalization and how to calculate it, I am very sure if they succeed one day surely your service will be remembered by all of them.

Codswallop

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This would undoubtedly be a great decision by college authorities. No offence but real life finances are not taught in any of the schools or colleges. With bitcoin as a subject, students will get to know how they can manage their finances in the future.

dataispower

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Quote from: Gosgosking on June 27, 2022, 12:50:12 PM

Very nice to teach young ones about bitcoin because they need to get understanding about bitcoin, bitcoin is becoming a global currency that is playing a good role to some countries economy and its helping some individuals financially who are investing in bitcoin.
They need to know more about bitcoin and not to invest at this their level of life.

Teaching young ones cryptocurrency is good but we have to have the age bracket that the we supposed to have before teaching them cryptocurrency because some children Brain can not understand and accommodate the statistics of cryptocurrency. So what should be teaching cryptocurrency is advance adult that can understand the technology of cryptocurrency and also add their own knowledge into cryptocurrency in order to picture out the image of cryptocurrency to the society.

broulayecommissioner

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Well, of course, it's cool that now someone can teach college students cryptocurrency. Still, I think this is a bit excessive information because, as we see now, the cryptocurrency has lost value in the market since bitcoin has fallen in price a lot. And I don't think there will ever be a sharp rise in cryptocurrency prices, so all such lectures and tests are useless for a person, at least I think so. When I studied economics at asa florida college, they wanted to start teaching us cryptocurrency. Still, they changed their mind later, and it's good that it turned out that way.

Stacaato

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We actually need teachers like you in schools that teach the importance of Bitcoin and crypto. Your work is commendable, keep doing the good work!

kryptqnick

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I agree with the op that youth is important, and making them more educated means ensuring a better future. If there are many people like you in Nigeria, I think your country has a bright future.
I'm really happy you got a chance to talk about Bitcoin to college students.
Transactions of Bitcoin CAN be traced, as SatoPrincess pointed out as well, so I believe you meant that the ID of a person is not in them.
As for $2-5 investments, though, I honestly think they're not viable. Often the transaction fee will be half of that, many exchanges won't allow selling such small amounts for fiat, and even if Bitcoin grows tenfold, you're left with almost nothing, just like you started.

Davidvictorson

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I always tell my friend who is a high school teacher that how you teach kids matters as much as what you teach them. Personally, I am interested in how kids learn. I got a couple of questions to ask you:
1) Did you conduct any post-test to measure if their knowledge about bitcoin increased as a result of you lecture?
2) What were some specific questions the students asked during the lecture?
3) You mentioned you taught them for 1hour. So was it a one-off class or have you had any other bitcoin class with them since you posted it here?

CryptoHeadlineNews

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Quote from: barbara44 on June 17, 2022, 04:08:43 PM

Teaching college students is one thing, but teaching older people would be even more beneficial, like classes on youtube and other course material websites are a lot more valuable. Because, someone who is 18 years old could care about it and listen and learn, but majority of college students do not really listen and learn these things. They end up just going to college for fun and they end up not doing anything regarding studying all that much.

Yes.. you have a very good point here Sir, and I'm going to look into it, but however, teaching college students will even go a long way, because despite the fact that students this days seems not to be serious with there studies, we still have a few who are serious and never joke with there studies, so if out of 100 students 40% or 50% were able to understand what I taught them, it's still a good credit to the Bitcoin community at large

haasanjui

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If you want to teach something to someone then you need to have good knowledge about your topic. If you want to teach BTC to the college students then you need to have good knowledge about BTC. Then you will able to teach and explain BTC to them and also able to give answers of their questions.

asimi.io

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What a awesome initiative, simplest few who could make this type of attempt to educate the younger ones without getting compensated. I am hoping this could enlighten those men why bitcoin is very important in terms of privations and economic freedom. It is the best that means most people recollects what bitcoin is.

CryptoHeadlineNews

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Quote from: Mahanton on July 01, 2022, 03:50:42 PM

Dont give out any assurances and guarantees about on investment aspect that they could
really be ending up on making huge money in a short time because we know thats not how reality works.

Yes actually, because in the crypto world there is no assurance, so doing that will be my very first and biggest mistake so far, as it is full with ups and downs, volatility and price changing every moments. And one of the thing I tried doing was telling them, Bitcoin wasn't a get rich quick scheme where you could invest X dollar day and expect to get double tomorrow or a weeks time, as price could go up or down, depending on the market, which is why it's advisable to invest an amount you can afford to lose

Cookdata

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Quote from: KingsDen on July 01, 2022, 03:44:10 PM

Quote from: Cookdata on June 16, 2022, 05:26:01 AM

You blur your image, can you do the same for those kids? They are still under their parents and I don't think you have the permission to publish their faces on the internet, Please blur it for their own privacy too.

Op, has blured the image and it's left for you to do yours. Remember you quoted the image, kindly edit your comment and delete the image you were referring to. Thanks

I received bot notification some days ago by Smartvirus but something came up and I forgot to modify the post. I shouldn't have quote the image since I was asking for a change but better late than never, I have edited the post and deleted the quote message. Thanks for reminding me again.

Mahanton

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Quote from: TelolettOm on June 27, 2022, 06:07:58 PM

Quote from: D ltr on June 27, 2022, 05:39:10 PM

do you discuss the problem if btc can make people rich in a short time ( if lucky ) and will make people poor if we have the wrong strategy in terms of sales graphs ?
because most people think bitcoin can make people rich even though behind the success of people here it takes effort and accuracy of predictions, right?

I agree with you. I think that this condition is also important to tell them. For, they may have very high expectations on Bitcoin achevement that they invest, it probably makes them expect that their life will be really changing with Bitcoin and being rich soon because of Bitcoin. This is important to tell that it may not be instant to be rich with Bitcoin, it needs process and also consistency. Moreover, the Bitcoin price is fluctuating, volatile, and also unpredictable, the price can be really dropped like recently. They should know that Bitcoin also has risks and they should consider and ready witht he risk before starting to invest their money to Bitcoin.

Everything should really be explained of the ff;

1. Investment opportunities
2. Risk of volatility
3. Actual application or utility
4. Regulation aspect
5. Anonymity and Decentralization

These are the common traits and things that should really be explained out.Dont give out any assurances and guarantees about on investment aspect that they could
really be ending up on making huge money in a short time because we know thats not how reality works.Teaching them on any angle which makes them
knowledgeable about it pro's and con's which is something worth to shared upon.

KingsDen

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Quote from: Cookdata on June 16, 2022, 05:26:01 AM

I once had a one on one discussion about bitcoin with my friend's students, they were so ready to learn but I was focused on privacy,

You did the right thing though, but it is always difficult for newbies to understand the importance of bitcoin from the privacy aspect of it. Many of the newbies don't know the importance of privacy and liberty to control your finance. That is why it sounds awkward to them. What they always want to hear is invest and get huge profit. And this strategy always back fire because they end up losing money.

Quote from: Cookdata on June 16, 2022, 05:26:01 AM

You blur your image, can you do the same for those kids? They are still under their parents and I don't think you have the permission to publish their faces on the internet, Please blur it for their own privacy too.

Op, has blured the image and it's left for you to do yours. Remember you quoted the image, kindly edit your comment and delete the image you were referring to. Thanks

kawetsriyanto

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You have 10 questions related to Bitcoin, and those are tested on 14 students. Is it true?

It is better to make a stats according to your research.

For example:

- Question number 1.

How many students answered option A (Yes), option B (No), and option C (Not sure).

After you get the details of the student's answer to each question, then you can make a conclusion below it.

I suggest you will continue your research.

For the next plan, you may give them again several questions (test) after you give them some lessons about Bitcoin knowledge. So, you can determine the improvements in their knowledge about Bitcoin.

You can continue more tests until your aims and objectives are achieved. I assume you need 3 tests at least.

Test 1: Before giving them Bitcoin lessons

Test 2: After giving them Bitcoin lesson 1

Test 3: After giving them Bitcoin lesson 2

Then, you can make a conclusion related to the aims and objectives

* Just a suggestion, ignore it if you think it is not necessary.

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