Post
Topic
Board Bitcoin Discussion
Re: Are Your Kids Aware Of Bitcoin? Teach Them.
by
Ryu_Ar1
on 30/05/2023, 20:58:13 UTC
My kid is still not aware of Bitcoin. That is my plan to do when they reach the right age i will teach and educate them about bitcoin and other crypto currencies. I will start explaining them what bitcoin is and how it works. I will also sight some examples for them to properly understand how can we use bitcoin in our daily lives. I will teach them the importance of keeping the Bitcoin and secure and i will explain to them on how to create a secure wallet and the importance of keeping the private keys in a safe place.

Good that you have planned to do all that. But at what age exactly are you going to start educating them about Bitcoin? And what would the main purpose of that education? To turn them into early investors, with a hope that they will turn cent into million in future. Or just for them to be aware of technology and opportunities of it? Or you think that they should learn about crypto now, because in 5 years, for example, crypto will be everywhere?


This is what I'm thinking, I see most people intend to teach bitcoin to their children, many believe in teaching them as early as possible, even for 3rd graders.
Most of us invest in bitcoin for money and want to be rich, so I wouldn't be surprised if they want their children to be like them. Teach bitcoin to let your children become investors and earn millions of dollars. I don't think anyone will teach about the technology or other benefits of bitcoin because even if they don't care about those things themselves, how can they teach others?

So basically, the reason you want to teach your kids about crypto is about getting rich. Imho that is bad. First, you go away from idea of Bitcoin into idea of earning. Second, if you want your kids to get rich as soon as possible, let them go to work then, instead of kindergarten or school. Why only teach them Bitcoin, when you can teach them about stocks? Why not tell that spending money they've got from Christmas or Bday presents on Apple or Tesla stocks is way better than buying toys? Because instead of toys, in future they might get something bigger or better?

I feel sad when parents want to teach their kids something, that will turn into money in future. Teach Bitcoin, to get money. Let, or better say force them to do sports, to make them a pro athlete with millionaire contracts. I feel sad when for people money is the only measurement they accept. Not experience, not success, but money.

I don't hate someone teaching bitcoin to children, but I strongly oppose teaching bitcoin to children who are too young. Many parents on the forum are trying to teach their children about bitcoin when they are too young to learn about bitcoin or other investments. That is the age when children need to have fun and explore everything in the world around them, not force them to follow our thoughts. And you're right, teaching them to invest too early won't make them rich in the future, but many parents aren't aware of this.
Actually this cannot be considered right and wrong as for whether you like it or not it depends on the parents who do have personal contact with their children because of course in this case even though bitcoin teaching is still very good but we also have to be able to measure the readiness of children and this goes back to parents who can see that potential.
Even if their children are at a young age but if they are ready why not do it.
We have come across several articles about young children who are quite successful in mining, for example, such as Ishaan Thakur and Aanya only because they are well facilitated because of their children's interest in this field or maybe a story that seems ridiculous because it is only based on a bet from Erik Finman but it is actually a good turning point for him in bitcoin.
Actually in this case the context is not to like it or not I think but we have to see whether or not the child is ready because indeed if it is not ready for what is being forced but basically if they already like it from the start it is even better because we as parents only need to facilitate as a container of their wishes.