Topic: Would bitcoin help teach kids about saving? - page 8. (Read 14201 times)
For me it really is a good idea for kids to teach in saving way because bitcoin is too much for us anywhere we spend only on bitcoin in a certain areas and need to convert for a fiat there is also a need verify .because of how this could be explained bitcoin in children .I have difficulty and do not need children to give interest and for me that we are using bitcoin really dropped its value it probably depends on our ranking that the process here is week.
Definitely yes! it will really help kids to be strategic in terms of money, just like bitcoin changed me in the way i handle money. So definitely yes.bitcoin will show kids whar saving looks like, Saving bitcoin or money will profit in the end. Buying and holding bitcoin is also a way of savung. Its an investment, you put money on it and it generates money for you.
Yes , it can help teach kids about savings, because it is showing them pefectly how saving works, and how you make good earning by saving your money. In fact holding BTC is saving, and we all know that it is one of the most profitable ways of earning money with BTC.
Huum how old are your cousins? I don't really see how bitcoin will teach them to save. Moreove it's not really something you change. I see people in crypto around me. The ones who spend a lot struggle to keep their value. And sell as soon as they seen an opportunity
I dont think bitcoin will teach your 2 cousins on how to save money since they'll gain access to new products that can be bought online and they'll be tempted to buy them. I think the most valuable lesson that you can get out of bitcoin is patience especially when your new to it. Its hard to earn bitcoin and it depends on your ranking, its a slow process.
Yes i believe it also! I dont think bitcoint would be the best way to teach children about saving..for adults yes!
But for children they are not matured enough to understand the value of money.....
I dont think bitcoin will teach your 2 cousins on how to save money since they'll gain access to new products that can be bought online and they'll be tempted to buy them. I think the most valuable lesson that you can get out of bitcoin is patience especially when your new to it. Its hard to earn bitcoin and it depends on your ranking, its a slow process.
Yes i believe it also! I dont think bitcoint would be the best way to teach children about saving..for adults yes!
But for children they are not matured enough to understand the value of money.....
In my opinion, I think Bitcoin would not be necessarily a help to teach kids about saving. We should be practocal regarding this matter. Even without bitcoin, you could teach kids about saving by having several examples and scenarios that will make them realize that saving is important for them. If they will grow old and will know about bitcoin then maybe they will value saving more
I really like this question,if we think of this thought, it is a worthwhile act to teach children to save through this forum but some may argue otherwise, perhaps because the children are still in the guidance of their parents, and they are not quite able to explore the world of krypto .
Why not? Here in bitcoin age is doesn't matter even your just a kid or adult. On how to teach your kid, how to learn and know the strategy about investment in Crypto world they need to learn as early as young age but it depends on their parents if they want to be independent their children. Why am I saying this?? Because most of young people now don't know how to save that's why they need teach them to be life-oriented. And of course they still need the guidance of their parents.
I really like this question,if we think of this thought, it is a worthwhile act to teach children to save through this forum but some may argue otherwise, perhaps because the children are still in the guidance of their parents, and they are not quite able to explore the world of krypto .
Why not? Here in bitcoin age is doesn't matter even your just a kid or adult. On how to teach your kid, how to learn and know the strategy about investment in Crypto world they need to learn as early as young age but it depends on their parents if they want to be independent their children. Why am I saying this?? Because most of young people now don't know how to save that's why they need teach them to be life-oriented. And of course they still need the guidance of their parents.
I think yes bitcoin can help them to learn to save money, they can also learn to appreciate and be responsible for the money they can earn here. It is up to them how bitcoin willl affect them in terms of their financial intelligence some kids may earn here and still spend without even thinking of the money they earn but some will save it for future purposes.They must first know the importance of earning their own money for their own good to buy their needs and not only their wants. If you want your kids to be responsible in terms of earning saving and spending money you must guide them while they do bitcoin.
Saving bitcoin is a very good idea that you gave in kids , just wait for the years in that kids are rich because of saving . I want to teach my son too to use bitcoin faucet and collect more bitcoin to save money. But give our kids an idea that is not only kind of saving .It also provides attention as the needs of our children too. Be a good mentor to our kids but don`t forget to give our kids a time as a father or mother.
If they started saving now they will be rich in the future for sure. Because you can see bitcoin only growing. Sometimes it went down but it always goes back up. So that is why you should teach kids about bitcoin and saving bitcoin.
Possibly, it would but it actually depends on the kid itself if how he/she sees bitcoin. However, in a major aspect,
Bitcoin is actually more on investing rather than saving but if the kid acknowledges the value of money and recognizes the struggle or the effort that one needs to come up with a certain amount, then maybe that kid may learn how to save. There is this certain realization as we grow older and work to have our own money that it is quite hard to spend your hard earned money. So at some point, it would so long as the kid stays in this certain path because if the kid is encouraged to do bitcoin to earn money for spending and not saving, then i guess this kind of mindset defeats its purpose.
Bitcoin is actually more on investing rather than saving but if the kid acknowledges the value of money and recognizes the struggle or the effort that one needs to come up with a certain amount, then maybe that kid may learn how to save. There is this certain realization as we grow older and work to have our own money that it is quite hard to spend your hard earned money. So at some point, it would so long as the kid stays in this certain path because if the kid is encouraged to do bitcoin to earn money for spending and not saving, then i guess this kind of mindset defeats its purpose.
yes, bitcoin can be used to teach children about saving and tell them about the advantage of saving because by saving good for the future
I personally don’t think so that bitcoin is that much easy thing that it can be understood by the kids and that kids can learn anything good from it. Bitcoin is really a complex thing and it is not at all possible for kids to develop a good understanding regarding this thing. Bitcoin can no doubt teach us about saving and all that stuff but for that one needs to be mature enough so that he can understand the things in a better way.
People are supporting it throughout the world for one simple reason that it is not controlled by any single country or man. It is something truly meant for public welfare.
Nothing teaches value of money better than hard work, regardless of how you make your millions afterwards 
It's a good avenue to teach kids how to save and again they might not understand the rules. It's a u can d save for the future too. Once they can understand, it's not bad at all.
yes, bitcoin can be used to teach children about saving and tell them about the advantage of saving because by saving good for the future
I personally don’t think so that bitcoin is that much easy thing that it can be understood by the kids and that kids can learn anything good from it. Bitcoin is really a complex thing and it is not at all possible for kids to develop a good understanding regarding this thing. Bitcoin can no doubt teach us about saving and all that stuff but for that one needs to be mature enough so that he can understand the things in a better way.
People are supporting it throughout the world for one simple reason that it is not controlled by any single country or man. It is something truly meant for public welfare.
More than saving, you can teach your children how to invest or trade in the stock market. You can learn to save by opening a bank account and collecting money for a purpose, for example.
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 need to save money from the very childhood. From pocket money and not spent money for dinners. I did so. When I wanted to buy something and my parents did not give money, I saved pocket money and bought what I wanted. 
I think Yes. bitcoin would teach them how to save. And not only that, it can teach them how to earn and invest at a young age. Since Bitcoin can be used by anyone, it has no age restrictions or any requirements at all. so even a child at a young age, and can use a computer can earn money from bitcoin. so I think it's not only the bitcoin that can teach them how to save. but their parents. and it's a good if they learn how to save money from the beginning. they will have a good future.
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