Topic: We could position Bitcoin as a currency for Kids - page 2. (Read 2479 times)
I actually read yesterday someone trying to explain that one of the factors in the recent doge run up was its popularity with kids. Hey, why not. More users equals higher value for bitcoin.
Do you think that users of Bitcoin should have to understand the technology to use it?
Only at a basic level. Like you don't need to know how a mobile pohone works to use one, but there's certain things you need to understand or be aware of before you can use it.
Would have to be pretty smart kids. I don't think we should force it on them and debit cards would be safer until they understand the technology.
That's true that some kids might think it's pretty lame (like a debit card but worse). They would have to want it before it rather than it being forced on them.
Do you think that users of Bitcoin should have to understand the technology to use it?
Would have to be pretty smart kids. I don't think we should force it on them and debit cards would be safer until they understand the technology.
Maybe I am wrong but I do not think too many parents not deeply immersed in crypto have a high opinion of it, that being if they've heard of it in the first place.
~BCX~
~BCX~
The idea would be to create and promote marketing material based around this idea as an application for Bitcoin. Knowing about it before hand wouldn't be a requirement, and hopefully with some marketing the Bitcoin community could help change the perception.
Not a good idea at all...this anonymous nature will make our job lot harder to track their activities.
Why should teenagers not have the same freedom and privacy everyone else has? 
Not a good idea at all...this anonymous nature will make our job lot harder to track their activities.
I'm not sure we should be specifically targeting children to be honest. Bitcoin has both pluses and negatives for kids, but kids in the uk can still get a debit card pretty young which you can't spend more than you have in there.
I'm 14 and I planned to use bitcoins to buy some steam games. I mined some altcoins at launch to get the money but I wanted to invest in altcoins. So I did, and managed to get up to 0.4 btc. But (because I was stupid) I went into pump and dumps and my 0.4 btc turned into 0.2 btc and then another pump and dump turned it into 0.07. At that point I gave up trading for a while.
Now it seems that I've lost my touch with trading. I'm too scared to invest now but when I do, the price always drops. A good example of my bad luck would be motocoin. I sold all of my coins. The next day I decided to invest again and I sent btc to the exchange. I forgot about it and a few hours later I went on the exchange and the price was x5. I was so angry with myself for forgetting. You can probably see a post I made on the motocoin thread when that happened.
Anyway, back on topic;
A dumbed down version of electrum? Maybe if it was for 10 -12 year olds.
I used the (20gb waste of space) BitcoinCore but now I use the blockchain.info app because I can scan QR codes for payment. I think most people my age can handle normal wallets but then again, people say I am mature for my age.
Now it seems that I've lost my touch with trading. I'm too scared to invest now but when I do, the price always drops. A good example of my bad luck would be motocoin. I sold all of my coins. The next day I decided to invest again and I sent btc to the exchange. I forgot about it and a few hours later I went on the exchange and the price was x5. I was so angry with myself for forgetting. You can probably see a post I made on the motocoin thread when that happened.
Anyway, back on topic;
A dumbed down version of electrum? Maybe if it was for 10 -12 year olds.
I used the (20gb waste of space) BitcoinCore but now I use the blockchain.info app because I can scan QR codes for payment. I think most people my age can handle normal wallets but then again, people say I am mature for my age.
Sure,
That list being what exactly?
-Porn
-Guns
-Silkroad (whatever current version)
-Drugs
-BTC Mining Equipment
-Their favorite terrorist organization
Maybe I am wrong but I do not think too many parents not deeply immersed in crypto have a high opinion of it, that being if they've heard of it in the first place.
~BCX~
Can't believe you missed the gambling...
On the subject, I think there already is a pretty big number of 16-18 yo using bitcoins. There was a poll somewhere on this forum, but cannot find it.
You forgot music and celebrities, teenagers are very into that. Video games also come to mind.
Sure,
That list being what exactly?
-Porn
-Guns
-Silkroad (whatever current version)
-Drugs
-BTC Mining Equipment
-Their favorite terrorist organization
Maybe I am wrong but I do not think too many parents not deeply immersed in crypto have a high opinion of it, that being if they've heard of it in the first place.
~BCX~
Can't believe you missed the gambling...
On the subject, I think there already is a pretty big number of 16-18 yo using bitcoins. There was a poll somewhere on this forum, but cannot find it.
Kids can spend money securely through a program on their computer (maybe a dumbed down version of electrum).
seeing as it is small amount like $5 a phone app wallet would achieve this.
i do not recommend third party services for life savings or large investments, but for a kids weekly pocketmoney a web wallet is the perfect scenario.
Maybe I am wrong but I do not think too many parents not deeply immersed in crypto have a high opinion of it, that being if they've heard of it in the first place.
banks and governments had the same mindset in 2012.. now look at them, they all want a piece of the bitcoin pie
Hear me out, it's just an idea... (continuation from this)
Inspiration: https://usbank.visabuxx.com/
Kids i.e. ~13-18 year olds. Old enough to want to spend money online, too young for their own credit card.
Some parents want to give their kids a way to spend a small amount of money online without giving them a credit card or debit card. Bitcoin is:
Kids can spend money securely through a program on their computer (maybe a dumbed down version of electrum).
Kids can buy the latest humble bundle for example without having to ask their parents.
It makes since that you have to convert money into kid money. It doesn't make since (for the average person) to buy bitcoins to shop at newegg. You could have just used your credit card and skipped a step and saved time.
I know this might propigate a bad image for Bitcoin (i.e. it's kid money) but I don't think that would kill it.
-> Remember kids grow up. <-
Inspiration: https://usbank.visabuxx.com/
Kids i.e. ~13-18 year olds. Old enough to want to spend money online, too young for their own credit card.
Some parents want to give their kids a way to spend a small amount of money online without giving them a credit card or debit card. Bitcoin is:
- completely anonymous (read: safe)
- has strict spending limits (can't spend more then you have)
- has no monthly fees
- is accepted at (some) online merchandisers (parents might like the idea that it's limited).
Kids can spend money securely through a program on their computer (maybe a dumbed down version of electrum).
Kids can buy the latest humble bundle for example without having to ask their parents.
It makes since that you have to convert money into kid money. It doesn't make since (for the average person) to buy bitcoins to shop at newegg. You could have just used your credit card and skipped a step and saved time.
I know this might propigate a bad image for Bitcoin (i.e. it's kid money) but I don't think that would kill it.
-> Remember kids grow up. <-
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