If its kids, I don't think bitcoin can help them save money, they're too young. Teaching a child to save money can't happen overnight. You need to gradually informing about the importance of saving money. Bitcoin will only make them spend more once they earn. Kids should just enjoy life and we just need to keep reminding about the importance of money. We can try to introduce bitcoin when they become a teenager. Their mind will be more mature on that age.
I agree with your idea. And moreover, I do not think that kids need to learn about money. All they need is love and education. just give them a good education and they will eventually know what bitcoin is and how to save their money. DO not destroy kids' childhood. 
Topic: Would bitcoin help teach kids about saving? - page 3. (Read 14139 times)
I do not think so. Bitcoin and savings does not relate to each other. People buy bitcoin to invest their money, not saving their money. Moreover, by using bitcoin, it means that we have to provide them electronic devices which allow them to access the blockchain. Well, this is not good at all. I'd rather spend my time with my children to do something greater than teach them how to use bitcoin
Actually it will help them a lot because most of the kids today only know how to spend money but if you are going to teach them about cryptocurrency then they will know the value of fiat on how much they need to save for their own future.
If its kids, I don't think bitcoin can help them save money, they're too young. Teaching a child to save money can't happen overnight. You need to gradually informing about the importance of saving money. Bitcoin will only make them spend more once they earn. Kids should just enjoy life and we just need to keep reminding about the importance of money. We can try to introduce bitcoin when they become a teenager. Their mind will be more mature on that age.
I do not think so. Bitcoin and savings does not relate to each other. People buy bitcoin to invest their money, not saving their money. Moreover, by using bitcoin, it means that we have to provide them electronic devices which allow them to access the blockchain. Well, this is not good at all. I'd rather spend my time with my children to do something greater than teach them how to use bitcoin
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 for me bitcoin can also teach to kids to save money. Now a days kids must learn to save money. Dont spend everyday like nonsense things. We need to save for their future. So bitcoin is the way to learn kids how to save. And also we can teach them what is bitcoin all about. 
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?
You know that we can teach them to save money even without a bitcoin but of course you can teach them too with bitcoin. It's up to people because sometimes even you always teach them and they are not willing to learn how save money nothing's gonna happen. Maybe showing them your wallet of alt how money to save and spend is a good idea. 
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?
In this case, bitcoin is just a tool. And you are the one who can teach kids about saving. I go for teach them first how to save then introduce them what is bitcoin and how and what they can do about it.
I think this bitcoin teaches us to save and test patience. This applies to public who know and use bitcoin. But it all depends on how one's attitude confronts it. If there is no change, that means he is just playing around and not deepening it. many people are currently deepening activities just to get the money alone, if not get their money also will not deepen it.
Bitcoin is hard to understand for the first time and bitcoin is not user friendly it is too complicated for kids so for me that is not advisable since the bitcoin is just like that and kids can lose their money by just one wrong step with bitcoin. So for me bitcoin is not for kids.
Yes and that's exactly what most parents would do since it's not yet the appropriate time for them to be into crypto. Besides, there are lots of ways to teach your kids on how to become a save-it-for-future-use junkie.
Yes, bitcoin can help kids in the way of saving money, you can teach them how to earn by doing bitcoin works, start in the signature campaign and if they are earning let them use their money. In that way, you can easily teach them to use their earnings for right purpose, not for their desires. And for every earning you can say to them to save some amount of money for their future. On that point, kid will easily imagine who hard to earn money so better use it wisely.
I think it's not on saving, it's on how they spend.I don't recommend bitcoin to teach children. Firstly it is very difficult. Most of the members of the bitcoin community do not understand the bitcoin economy. And bitcoin value is fluctuatif, better than teach kid to save money in eh e bank or invest in gold.
I think bitcoin is a great tutorial for education kids.
We can let children know that they can manage their own money more rationally through investment. Let children have a sense of financial management from an early age, which will be of great help to children's growth.
We can let children know that they can manage their own money more rationally through investment. Let children have a sense of financial management from an early age, which will be of great help to children's growth.
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?
providing an understanding of bitcoin in very specific children about bitcoin-related matters is bound to be very difficult because the thinking of children's thinking usually always tends to relate to matters relating to pleasure. I think giving an understanding of bitcoin is a great thing for kids but it should be with an understanding that is more easily captured by children. suppose we can do it with a game that gives a lesson about saving. I think it would be very effective for the application of how to minimize spending that can develop children's thinking to the next level. so I think gradual understanding might have to be done for the kids. 
The act of saving is delaying gratification or consumption in the present for larger consumption in the future. I don't know how Bitcoin teaches this. You can save to buy Bitcoin, but once you buy it it teaches you something else: gambling. Watching your savings rise and fall rapidly in value doesn't do anything further to teach you about saving. People who want to learn the art of saving should probably stay away from Bitcoin.
In my opinion, yes! Patience is also key for a lot of things in life and it could also teach them this at the same time. It wont grow overnight, but exponential growth over tge years is all but guaranteed. Good luck with tge savings! 
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?
For some reasons, maybe it would. Bitcoin does not only teach people to earn money but also to save it for further more important purposes too. If our children will get to know bitcoin as early as they can, they would totally have an advantage over the things they may do in the future with their bitcoin and their knowledge about it. We should not let our children have a mindset as a one day millionaire because it would only lead them to brokenness.Saving is a virtue and a soft skills of anyone, it can learn from the parent or the life, because both all can affect the thinking of children to help them know which benefit children can get from saving.
Bitcoin can't teach kids. Doesn't matter what to use to make kids understand that saving money is necessary sometimes, parents should do this stuff , not bitcoin.
Yes, i think so. Bitcoin is not accepted in many places and therefore, they can not use their bitcoin to buy or purchase something. MOreover, everyone who uses bitcoin know that they have to suffer a huge fee for the network and it will take a lot of money to make a transaction. If you purchase a cup of coffee for $3, fee will charge you more than $10
It's true with bitcoin we can teach it besides teaching it can be dibitcoin also can teach about patience if both it is applied is guaranteed our life will prosper in the future
I do not think that kids are ready for bitcoin. Kids will not appreciate yet the benefits of bitcoin. Teaching kids to save is good and just but exposing them to bitcoin will not be an advantage for them. In joining bitcoin, one should have the interest and will and i do not think kids already appreciate that.
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