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Topic: Would bitcoin help teach kids about saving? - page 13. (Read 14139 times)

full member
Activity: 331
Merit: 100
Great way, there are many other ways to teach them that saving is important, maybe what you mean is to get them to invest.
full member
Activity: 518
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It's very hard to teach kids on how to save what more when they learn Bitcoin and start earning they can buy what they want and we cannot teach them how to save because they have already money on their own.
newbie
Activity: 39
Merit: 0
So I have 2 cousins. One of them doesn't save and is a huge spender while the other is a saver and spends only once a year. So would bitcoin be a good way to teach them about saving? Since, mining bitcoin is the only way to make alot of bitcoin, I would use a alt wallet to show them what happens if you spend and don't save. What do you think?
i agree with you teach kids would help about saving.
kids are so bad when using money . 60% of pron sites visit from  users less than 18 year.
we must learn them about bitcoin not give them bitcoin
full member
Activity: 462
Merit: 100
So I have 2 cousins. One of them doesn't save and is a huge spender while the other is a saver and spends only once a year. So would bitcoin be a good way to teach them about saving? Since, mining bitcoin is the only way to make alot of bitcoin, I would use a alt wallet to show them what happens if you spend and don't save. What do you think?
no it wont,instead it will only teach kids more spender because in bitcoin if
you're skilled and lucky enough lots of profit you might have and in that way theywill
learn more spending and wont mind of saving .
full member
Activity: 462
Merit: 100
Yes, it can help for them, but if only they could really understand the way on how to save here a money. I think their mind is only playing in their days, but when they are teens or more they will get interested here and willing to get a salary to have a source of income.
hero member
Activity: 1456
Merit: 501
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I'd rather see kids playing with their friends, I do not want to burden the hard things like bitcoin, let them understand if their age is right, so they will understand about bitcoin.
I agree, children should enjoy childhood, then they can grow up full-fledged adults...I think that about bitcoin need to speak no earlier than in high school

Precisely, children should have a life and a childhood belong to them, have fun, learn and rest, we should not bring the knowledge related to Bitcoin teach them or encourage them, it is not suitable for them. Many people still prefer cramming knowledge about Bitcoin for children, want kids to become great people when they were very young, want them to make money and save money but that's just a wrong idea, children have their own life and choices, we should not choose for them, it only ruins their future and destiny, that's really a sin
member
Activity: 75
Merit: 10
there's a lots of ways to teach children how to save. and I don't believe bitcoin will help them to save money because bitcoin is a huge amount that can not be entrusted to children
sr. member
Activity: 384
Merit: 250
Yes, Bitcoin will help kids how to save money. which i believe in the next generation they know how to spend and not to spend money easily. Just like in our situation now millenials keeps on spending on the things they dont want. things that they want to impress people.
full member
Activity: 672
Merit: 100
So I have 2 cousins. One of them doesn't save and is a huge spender while the other is a saver and spends only once a year. So would bitcoin be a good way to teach them about saving? Since, mining bitcoin is the only way to make alot of bitcoin, I would use a alt wallet to show them what happens if you spend and don't save. What do you think?
I do not think that bitcoin can make children learn to save when price bitcoin are too high, whereas bitcoin can make kids spend more money than they have, if they were using bitcoin.
hero member
Activity: 2086
Merit: 501
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So I have 2 cousins. One of them doesn't save and is a huge spender while the other is a saver and spends only once a year. So would bitcoin be a good way to teach them about saving? Since, mining bitcoin is the only way to make alot of bitcoin, I would use a alt wallet to show them what happens if you spend and don't save. What do you think?
Well I think bitcoin would be a good way to teach them how to save,
And also tell them about how it works and  how they could earn if they save it .
That's a good idea especially now that many Altcoins are coming out in the market everyday. All you have to do is teach them to earn altcoins and tell them that when they save it can be a million of its price over the years. Also explain this why it will happen. The usual explination for that is the bitcoins. Say that in 2007 the bitcoins are only at $ 0.15 and now it's at $ 10,000. So if they accumulate altcoins they are sure to make millions of dollars now.
hero member
Activity: 546
Merit: 500
December 24, 2017, 01:20:47 PM
I'd rather see kids playing with their friends, I do not want to burden the hard things like bitcoin, let them understand if their age is right, so they will understand about bitcoin.
I agree, children should enjoy childhood, then they can grow up full-fledged adults...I think that about bitcoin need to speak no earlier than in high school
FRJ
member
Activity: 280
Merit: 15
The Worlds Most Advanced Distributed Computer
December 24, 2017, 01:16:11 PM
Bitcoin can teach the kids the value of savings.Savings are alwsys helpful.Savings helps us in  fulfilling our emergency needs.So,saving is important. But saving bitcoin is not only helpful but also profitable.

Holding bitcoin can be defined as saving bitcoin.But usually we hold bitcoin not for a long term.But we save bitcoin for a long term thinking about more profits or to overcome emergency situation. So,I think bitcoin can teach saving money to your cousins.
sr. member
Activity: 586
Merit: 250
December 24, 2017, 12:48:23 PM
I'd rather see kids playing with their friends, I do not want to burden the hard things like bitcoin, let them understand if their age is right, so they will understand about bitcoin.
hero member
Activity: 2016
Merit: 540
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December 24, 2017, 11:31:53 AM
So I have 2 cousins. One of them doesn't save and is a huge spender while the other is a saver and spends only once a year. So would bitcoin be a good way to teach them about saving? Since, mining bitcoin is the only way to make alot of bitcoin, I would use a alt wallet to show them what happens if you spend and don't save. What do you think?



I think if teaching Bitcoin to young ones is in this way, it is much acceptable. If your goal in teaching Bitcoins to young people  is for them to learn how to save, I will commend you. Teaching Bitcoin to young individual is a sensitive thing for there is money involved if they engaged themselves to it but if they engaged themselves to learn how to save it was a great help for them when they grew up.
It is true the best way to teach children about business is bitcoin because bitcoin has a lot of best features like bitcoin earning and making money. Bitcoin is equally good for all so it has capacity to be taught in educational institutes. It will be easier if schools will teach bitcoin in schools now bitcoin has a lot of profit for people who want to earn if they are students or they are not in schools.
member
Activity: 207
Merit: 10
December 22, 2017, 08:09:34 PM
So I have 2 cousins. One of them doesn't save and is a huge spender while the other is a saver and spends only once a year. So would bitcoin be a good way to teach them about saving? Since, mining bitcoin is the only way to make alot of bitcoin, I would use a alt wallet to show them what happens if you spend and don't save. What do you think?
yes bitcoin help teach kids about savings like me,i will rather go bitcoin than to play with my fellow kids,i have the time to play and going to bitcoin,i have to earn more bitcoins for my future i have to save it for good.
full member
Activity: 194
Merit: 100
December 22, 2017, 10:38:59 AM
So I have 2 cousins. One of them doesn't save and is a huge spender while the other is a saver and spends only once a year. So would bitcoin be a good way to teach them about saving? Since, mining bitcoin is the only way to make alot of bitcoin, I would use a alt wallet to show them what happens if you spend and don't save. What do you think?

Yes, I do believe that bitcoin will teach kids about saving. Because I was the one of those spoiled kids that will spend a lot of money on useless things and get bored of them in months. But when I heard bitcoin from my friends I'm curious of what bitcoin is, and when I saw bitcoin post from my boyfriend in facebook I decided to ask him about of bitcoin and also I researched about it.. I've learned a lot about of saving money and how can important the money.. And I realized that money is hard to get, since then I spend less and save more. And here I'm a better person because of bitcoin..
full member
Activity: 1337
Merit: 154
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December 22, 2017, 10:19:13 AM
So I have 2 cousins. One of them doesn't save and is a huge spender while the other is a saver and spends only once a year. So would bitcoin be a good way to teach them about saving? Since, mining bitcoin is the only way to make alot of bitcoin, I would use a alt wallet to show them what happens if you spend and don't save. What do you think?
I don’t think bitcoin could not be necessary to help kids about saving. I think it’s easier for them to know about the important about bitcoin if we used a fiat currency instead of bitcoin. Bitcoin requires a lot of information and study but we can teach them the basic information and concept on how bitcoin works and what is bitcoin. I know some of them can understand especially the smart kids and for others how not interested to know about bitcoin, we can teach them to save fiat then after they grow up we can teach them to save and invest to bitcoin if they want. 
member
Activity: 126
Merit: 10
December 22, 2017, 09:31:42 AM
So I have 2 cousins. One of them doesn't save and is a huge spender while the other is a saver and spends only once a year. So would bitcoin be a good way to teach them about saving? Since, mining bitcoin is the only way to make alot of bitcoin, I would use a alt wallet to show them what happens if you spend and don't save. What do you think?
Well I think bitcoin would be a good way to teach them how to save,
And also tell them about how it works and  how they could earn if they save it .

Well I dont agree with this, you dont have to engage you kids in Bitcoin which is very risky for young people just to learn how to save, you should teach them daily so they can include it to heir routine, you dont have to involved them here just to know what 'saving' is.
full member
Activity: 294
Merit: 105
December 22, 2017, 09:16:57 AM
It is good to teach the children to save. There are plenty of ways how to teach the cildren to save. Bitcoin is too early for then. Though there are youn kids whi are hooked in bitcoin, i heard. But for its not the right time toteach our kids  for bitcoin. Let children be childrern. Working online is not very encouraging. Maybe when they reach 16 but if they are below that age, i dont advise. Making a child sves money is a very challenging task tha usually mother face for their kids. Just be patient and guid them whats the best way so that can understand it easily.
full member
Activity: 308
Merit: 100
December 22, 2017, 09:07:58 AM
definitely would help younger one to understand this vast technology development and teach them about saving too. in this term, saving that brings you more money in the matter of time  Smiley
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