What's the best age to introduce your kids to Bitcoin? - page 4.

commandrix

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Quote from: evoked22 on August 14, 2014, 08:36:31 PM

Quote from: commandrix on August 14, 2014, 07:28:09 PM

Would it interest you to know that right now I am teaching a teenager how to use Bitcoin? Right now she's waiting for the wallet to sync up. I already explained a bit about how to send and receive Bitcoin and told her that she might try earning some Bitcoin by hanging out on the Services subforum here. I think she gets it so far.

The planet needs more people like you. I have told as many people as I can about bitcoins. I think there has been a great amount of effort placed into slowing down the overall awareness of bitcoins so i believe it is our duty to educate and teach as many people as we can.

Thanks. I think it's mostly that I've mentioned Bitcoin a few times on a fairly popular but (mostly) unrelated Facebook group I'm a member of and a couple of people got curious enough to ask me some questions.

evoked22

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Quote from: commandrix on August 14, 2014, 07:28:09 PM

Would it interest you to know that right now I am teaching a teenager how to use Bitcoin? Right now she's waiting for the wallet to sync up. I already explained a bit about how to send and receive Bitcoin and told her that she might try earning some Bitcoin by hanging out on the Services subforum here. I think she gets it so far.

The planet needs more people like you. I have told as many people as I can about bitcoins. I think there has been a great amount of effort placed into slowing down the overall awareness of bitcoins so i believe it is our duty to educate and teach as many people as we can.

commandrix

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Activity: 798

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Would it interest you to know that right now I am teaching a teenager how to use Bitcoin? Right now she's waiting for the wallet to sync up. I already explained a bit about how to send and receive Bitcoin and told her that she might try earning some Bitcoin by hanging out on the Services subforum here. I think she gets it so far.

Fray

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Quote from: freedomno1 on August 14, 2014, 12:23:58 AM

Quote from: Fray on August 13, 2014, 05:36:09 PM

Quote from: Dabs on August 13, 2014, 11:20:08 AM

Here's some facts to put this into perspective:

1. Children can learn martial arts as early as 3 to 4 years old.
2. Children can learn to field strip and clean, tap, rack and fire a gun as early as 5 to 6 years old.
3. Infants can learn to swim even below 12 months old. (Well, they can learn to float and not drown.)
4. They can learn as many languages as you can teach them below 6.

I think these ages are really the exception to the rule. Most kids to do learn how to do these things this young. I would also think that these ages are not an appropriate age to learn these kind of things as they should be "being a kid" when they are 5 or 6.

The brain develops most in the early years of childhood
That's when the mind records information about its environment and surroundings the most and when it processes information
If that critical period is missed things become much more difficult to learn once they are older.
http://en.wikipedia.org/wiki/Critical_period#First_language_acquisition

But with Bitcoin 4 to 7 seems fine to me.

I would generally not teach a 7 year old about money (or if I were to do so I would stick to the very basics), and bitcoin is more advanced then traditional money. Therefore I would not attempt to teach a child about bitcoin. I think that most children should be able to first grasp the concept of getting an allowance and saving a portion of that money in order to buy something they want (like a large purchase) to show them the rewards of saving over time. Once they understand this concept at that point it may be appropriate to introduce them to bitcoin.

wordman267645

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probably when starts to understand the value of money.

zedicus

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Quote from: ajareselde on August 14, 2014, 12:56:04 PM

@ OP , why would anyone want to introduce bitcoins to a child, thats the same thing like introducing them to a stock market..

This is true today, but hopefully at a later time bitcoin will be more of a mainstream method of payment that many people use more efficiently then fiat based money.

l3sny

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Good thread! I have trained my parents (age 71) to use BTC. We cannot imagine managing our finances without bitcoin now Wink

As for the kids.... my teenage girls both are using BTC and LTC. I have also equipped them with Quark. If I had a boy who uses computer I would buy him a cheap miner just for training. Either way the best moment is when the kids are asking for pocket money Wink

bitbets

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having some bitcoins is like having a piggy bank or savings account,

but more advanced than that. Its also an investment.

I am easygoing, if the child is interested to own and play around with bitcoins then fine with me,

but I believe there needs to be morals/laws, so I'd have to teach:

'Do unto others as you would have done unto yourself'

and its like a game, in a way, to see if ya can get the bitcoins to increase by trading
and other stuff.
if the child gets rich, then they have to give lots to mom and dad

Ayers

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after they are good at math

forsakenpnut

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I would say 12-14 years old would be a good age.

Possum577

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It should happen after your kids understand the concept of currency and the uses of currency for transactions as well as storing value (i.e., saving, loans).

If you don't have these basic concepts covered your kids may not truly understand Bitcoin and if you teach them about Bitcoin without these basic finance concepts they'll be less wise about how they deal with their money/bitcoin/wealth.

ajareselde

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Satoshi is rolling in his grave. #bitcoin

@ OP , why would anyone want to introduce bitcoins to a child, thats the same thing like introducing them to a stock market..

In a near future, if bitcoin by some chance goes mainstream, kids will also know about it, but not as a store of value, but kind of as a payment processor.
At the stage bitcoin is in currently, even adults are shaking, now imagine a child?!
That being said, for the love of God; please stop having this type of crazy ideas Tongue

bornil267645

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I think as long as they don't become responsible for their own action, I won't introduce them to bitcoin. Cool

pabpete

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Quote from: fanboy4 on August 10, 2014, 11:50:54 PM

Bitcoin secuirty starts with Pc security, if children knows they should not open the strangers files its pretty safe to use bitcoin. I also think best age is 10 and above.

I think thats true for the most part but anyone can fall for a scam. The more bitcoin is around the safer it will become I believe. The first step to anything is education of it, so 10 + is good. But when would you first teach your kids about money? The same time you do that you should teach them about bitcoin.

MÖGUL™

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The same age when they are able to buy candy from a store and more or less know how to operate at computer.

BTC Future!

Teach the next generation!

freedomno1

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Quote from: Fray on August 13, 2014, 05:36:09 PM

Quote from: Dabs on August 13, 2014, 11:20:08 AM

Here's some facts to put this into perspective:

1. Children can learn martial arts as early as 3 to 4 years old.
2. Children can learn to field strip and clean, tap, rack and fire a gun as early as 5 to 6 years old.
3. Infants can learn to swim even below 12 months old. (Well, they can learn to float and not drown.)
4. They can learn as many languages as you can teach them below 6.

I think these ages are really the exception to the rule. Most kids to do learn how to do these things this young. I would also think that these ages are not an appropriate age to learn these kind of things as they should be "being a kid" when they are 5 or 6.

The brain develops most in the early years of childhood
That's when the mind records information about its environment and surroundings the most and when it processes information
If that critical period is missed things become much more difficult to learn once they are older.
http://en.wikipedia.org/wiki/Critical_period#First_language_acquisition

But with Bitcoin 4 to 7 seems fine to me.

zolace

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I say teach them around 4 and 7 and teach there freinds kids also and reward them for teaching them, so they can all grwo p to be bitcoiners. maybe buy them bitcoin tshirts

Dabs

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I remember when I could have learned to drive at 14 or 15.. I actually learned when I was closer to 18/19 so a 2 to 3 year difference is probably okay with what age you want your child to learn whatever it is that you want him/her to learn.

But, in the stuff I have above, I'm going to introduce the concepts to them that early. It's really up to them if they want to learn it some more, they will let you know anyway.

Right now, my 2 year old kid is disassembling firearms virtually on my android phone using an app. He can do 1911s and Glock 19s. He has not yet physically held those firearms, I keep them away for now.

Fray

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Quote from: Dabs on August 13, 2014, 11:20:08 AM

Here's some facts to put this into perspective:

1. Children can learn martial arts as early as 3 to 4 years old.
2. Children can learn to field strip and clean, tap, rack and fire a gun as early as 5 to 6 years old.
3. Infants can learn to swim even below 12 months old. (Well, they can learn to float and not drown.)
4. They can learn as many languages as you can teach them below 6.

I think these ages are really the exception to the rule. Most kids to do learn how to do these things this young. I would also think that these ages are not an appropriate age to learn these kind of things as they should be "being a kid" when they are 5 or 6.

CharHill

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Quote from: Dabs on August 13, 2014, 11:20:08 AM

Here's some facts to put this into perspective:

1. Children can learn martial arts as early as 3 to 4 years old.
2. Children can learn to field strip and clean, tap, rack and fire a gun as early as 5 to 6 years old.
3. Infants can learn to swim even below 12 months old. (Well, they can learn to float and not drown.)
4. They can learn as many languages as you can teach them below 6.

But you don't write about crypto currency learning, childrens always don't like learn at 6 years old. Embarrassed

Topic: What's the best age to introduce your kids to Bitcoin? - page 4. (Read 6254 times)