Quote from: panganib999 on February 22, 2023, 09:17:36 PM

Quote from: Vaskiy on February 16, 2023, 04:10:49 AM

Came across this video in which a person questions whether they prefer to take 100$ or Bitcoin. The kids never took time, all of the sudden chosen 100$. I'm not specific about the location this had taken place, but it looks like they're are Western people. This makes me think, awareness is not upto the mark and in all means we need to educate people. Even the Western young generation unaware of it is really unbelievable.

100$ or Bitcoin

Not just about awareness. It's more on the fact of postulates set on a kid's mind. For instance, these kids you mentioned, will most likely know what a dollar is, and less likely to know what bitcoins are, if they even know it existed. That being said, these kids are expected to choose cash over bitcoin, just over the fact alone that bitcoin is something that is not imposed upon a child while it is developing.

In all seriousness, I wouldn't trust my kid if I ever had one with bitcoins, especially in an early age. It's one thing to educate and inform them, it's another to leave them unattended with bitcoins and subject themselves to pretty adult things.

And why would you let your kids keep your 1 BTC? Kid's money is supposed to be managed by parents not the other way around. And seriously, why would you trust your 1 BTC to a kid? I agree that we must educate our kids in financial matter, to make them at least financially literate and know the value of money and savings. Trading in the contrary is too complex to learn for children especially when it is dominated by whales who will devour anyone who is immature to handle things and most of all the technical part of BTC should left when our kids is old enough to know how Bitcoin works in technical terms.