Topic: Teaching college students about Bitcoin - page 3. (Read 1002 times)

You know, you give opportunities to those close to you, and it would be great if the people who understand the good sides of it also spread the knowledge that you have to others. The conditions may be difficult, but it is not a barrier to prevent people from having the opportunity to understand them better. I feel that those children are very lucky to have your help. By the way, I also want to share more about how the people I know who are wasting their time and knowledge on useless things, may soon change their mind about the knowledge they have to have a Life is easier with what you have.

An idea exemplary by other universities, implementing Bitcoin as a scientific method among students is a relatively good thing to come.

It's only natural, especially in Africa, that Bitcoin is one of the assets that should be studied, Africa can be said to be a country that has a minimal economy than other countries, with the knowledge you have about Bitcoin, who knows it can generate ways to trade and invest to increase income for students.

It's a wonderful job you have done and it's really encouraging cause the young really need to have a prior knowledge of bitcoin, for me this was the opportunity I never had growing up as a kid. And now I had to struggle so hard to devote myself to it's rudiments, a thing which if I had had the opportunity to know about while young it would have been easier for me now. But unfortunately at my young age bitcoin haven't been introduced.

Another thing I believe the young ones need to have a good knowledge about is ICT, for a good number of children in Africa have no computer literacy as a result of lack of access to it and that is why you see most of them don't even know that such word as BITCOIN does exist. Even an Android phone only a very few can afford.

So there's so much that needs to be done in bringing Bitcoin knowlege to those that are lacking in knowlege about it's existence and workings, especially to the young.

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, how important it is for everyone and how not to break it for any cash back. I used them as an example and some things they kept secret within themselves, I encourage them to employ that with finances, investments and personal information to be within them and should not in any way let it go in the hands of anyone. Their mistress was giving me this weird look by the window but I know my students got the message I was passing to them and I was happy I did.


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.

Edit: The images has been blurred.

OP, good job ser! Please inspire/encourage these children to learn how to code, or to have more interest towards computers in general. Plus maybe next time emphasize on Bitcoin mainly as an unstoppable tool, that's open/available for everyone, to send/receive/store value over the internet, WITHOUT a middleman, WITHOUT government, WITHOUT the banksters. When they grow up, enough young minds carrying that realization could become a powerful force.

If you are passing the knowledge of cryptocurrency to young youths, you will tell them what will motivate them and also see the chance of making money with bitcoin and how difficult it's for making with another technique. It is right to teach the blockchain technology of bitcoin because bitcoin as currency started from there. Therefore the beginning of bitcoin development is mandatory for them to know. Op work hard to bring multiple people for cryptocurrency chain from tender age which is good, because for the students knowing bitcoin now from starting age, i don't think that the knowledge adopted now can be waste of time or will not be put into practice

You have accomplished a great deed and thanks to you, many of those students can now adopt bitcoin and start investing few bucks, working or doing online tasks for satoshis, although I don't know how accessible internet and mobile or desktop devices are in your area. In negative case, it can be a big obstacle for adoption and then alternatives must be elaborated to give conditions to these students and their families to have access to bitcoin on practice, since they were already introduced to it theoretically. Congratulations again for your work and I'm sure you will be recognized for your good will and effort futurely!

Crypto is partly legal in my country Nigeria, and in as much, Nigeria happens to be the number country with the highest crypto trading volume in the world, which shows that irrespective of the government's policy we still have great minds who are passionate about Bitcoin, and thats what gave me the mora to continue with  this, because i saw how passionate they were eager to learn this new digital currency, which gives me the feeling it was actually the best option i did.



I tried as much to erase the idea that Bitcoin was a get rich quick scheme. I made them understand that Bitcoin is a currency, but which has more great features, which prices always goes up and down, which is why its only advisable to invest a little percentage you could afford to lose in case of the unforeseen circumstances

These steps are good steps. Moreover when you are using questionnaires at first in order to test their responses, knowledge, and also about their though about Bitcoin. It may not be easy moreover if you find most students are new to the crypto world.
But, first, is crypto legal in your country? And what college students are they? if there are some relevant, these may be appropriate to them. But if it is not, maybe it cannot be continuous learning. However, it may be useful to teach them at first.

If I were you, I will not suggest this. Investing in Bitcoin is risky, will you take the risk of all your students?
I will do those 4 lists, but suggesting they invest in Bitcoin is not wise. they need to learn at first, know, and be aware of themselves if they really want to invest in Bitcoin. Never promise anything to them, moreover promise the profits that they will probably take. Although we have known that Bitcoin is very profitable, this is also risky, moreover when the price crashed and they are not ready for this. But, if they have been learning by themselves and they want to invest based on their own awareness and willingness, it can be.

But basically, I really appreciate your efforts. This may be not easy and hopefully will continue again and again to let more people know about Bitcoin and cryptocurrency

I agree with you. It is like saying, money is the foundation of everything that can be purchased in the world, while cryptocurrencies are a branch of what emanates from money itself- something that is more specific and complex compared to fiat alone.

OP, what you have done is truly remarkable and commendable. By your own efforts, you are slowly integrating and teaching the foundations of cryptocurrencies to the youth. You are exposing them to something that may be highly relevant in the future. With these, they can now start trying or attempting to use cryptocurrencies which sparked their curiosity towards this subject.

Great job OP, certainly these kids will not forget about you in a hurry, and your contribution to the growth of crypto is valid. I once made a post here where i stated my contributions through delivery of branded items and asked how others here have or are contributing to crypto growth, it is good to see that others here are making effort in their own way. This your little steps OP will yield great result, in the future when some of these kids who may have by then become big crypto personalities, and are asked how their crypto journey began, many will point to you as the one who first introduced them to it and stimulated their interest.

It is also good that they learnt/heard about bitcoins first from you and not through a fraudulent investment website or individual who do not care about the first experience any user has. You have saved some of these kids if not all from a potential first time negative experience about bitcoins.

According to my experience in this field, the most important obstacle facing a person who wants to teach new generations about Bitcoin is first of all defining what money is and how the global financial system works, as well as about canceling the preconceived notion that Bitcoin will enable its user to get rich quickly.
It is also preferable to stay away from trying to explain Bitcoin through complex technical concepts such as blocks and transaction history.

food for thought. for both you and topic creator
many "believe" that the dollar is the #1 world currency.
but ask yourself based on what.

there are only 330million americans. so yes more people use the dollar than brits use the Pound.
.. but..
the Yuan, is used by over 3x more then the dollar. yep over 1 billion people use the yuan.
so is the dollar really #1 if not that many people use the dollar compared to the yuan

there are 8 billion people. bitcoin developers and their sponsored altnet creators have refused to allow BITCOIN(not to be confused with altnets brand stealing the name) BITCOIN cant cater to support say 1.5billion peoples daily needs ON THE BITCOIN NETWORK(the only place bitcoins exist)
so yes bitcoin cannot become #1 currency.
..
but its not designed to replace all currency needs of entire nations/continents. its to hedge against the nations native fiat currency as a second choice.
more of a savings account "for the unbanked". rather than a visa card to spend "for the unspendable"

Good job in educating younger generations about the pros and cons of bitcoin. It's a step in the right direction as many individuals grow into adulthood without understanding money or how it works.

Teaching about Bitcoin invariably would open discussions about investments and financial awareness. This would build young minds to be able to handle financial decisions and begin the journey of being independent much earlier.

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My takeaway would be not to give close ended statements, like Bitcoin is the best investment, the students should be able to explore and study how investments work, read books and then make up their mind on that.

Educating children for Bitcoin knowledge and cryptocurrency speculation and important, it's good for the country that doesn't know anything of bitcoin. When i checked the history and countries that knows bitcoin it's showing that no continent that does not heard of bitcoin. Student's who are smart and intelligent can know and learn Bitcoin through internet and youtube video

What a great initiative, only few who can make this kind of effort to educate the young ones without getting compensated. I hope this will enlighten those guys why bitcoin is very important when it comes to privacy and financial freedom.
Teaching them the whole purpose why bitcoin is created as money, freedom and privacy  should be prioritize. Instead of you can be rich by investing bitcoin, because people only knows bitcoin is it's a store of value, a money scheme to make people rich and etc. It's the only meaning most people remembers what bitcoin is.

This is an awesome initiative from OP, Is important that all the world learns about Bitcoin and Specially in the poor regions because BTC is one door to get out of that poor condition.

I would add some questions to that list:

1.-What's the max number of bitcoins that will exist when all of them get mined? (21M)

2.-How many Bitcoins were paid for the first pizza bought with Bitcoin? (10,000 BTC)

3.-What's the Bitcoin Halving? (When the bock reward is divided by 2)

I am really thrilled by your specific objectives because they are not vogue. Your entry behavior is also commendable because you adopted the questioning teaching method. The questionnaire gave you are clear understanding of the level of knowledge of the students as regards to Bitcoin. You have really done a great work theoretical and the next stage should be the practical learning. Although it might be expensive, but using a projector for practical explanation would be nice. You can also use diagrams or charts to do the explanation if a projector is not available. I can see your school is still using the chalkboard, please tell the students to darken the board so that your drawings would be clear. You can also get smartphones that would be used for practicals. As the class continue please identify students that have interest in Bitcoin and separate them fro other serious one. You can keep mentoring the interested ones until they are fully grounded. Please ensure you reiterate the fact that Bitcoin is not a get rich quick scheme because some individuals have been brainwashed by ponzi schemes and shitcoins. Great work sir.  

A good attempt on your part, but since you want to teach people who have no knowledge about money, the idea and importance of Bitcoin will be very difficult and complicated. To give you an example, hyperinflation was not a priority before 1971, and even in recent years, many developed countries did not give inflation a priority.

• Try to give them the basics of money, decentralization, inflation, stocks, and why we need Bitcoin.
• If you have a good internet, try to recommend to them the best bitcoin education channels on YouTube, and then try to translate everything you can into the local language.
• Try distributing a small amount, for example $2, to each student, and that will make them think about using Bitcoin in practice or trying out testnet coins.
• Don't tell them that Bitcoin is their way of getting rich quickly but rather that they don't get poor quickly.

A commendable attempt that I hope will bring results in the future, because knowledge is very important for anyone who wants to succeed in life. Children need to be taught the basics, but I don't think they should be encouraged to invest until they become independent and find their own jobs. Yet the greatest attention should be focused on security and on how to avoid online scams.

As far as teaching is concerned, in some African countries the situation is probably different from that in the EU or the US when it comes to education, and special permits should be sought for such things - in other words, you can't teach in public schools about something that is not in the education program.

As for privacy, I agree that faces should be blurred, as well as that the names of children from tests should be covered.