Post
Topic
Board Beginners & Help
Re: Teacher and Classmates Labeling Bitcoin as a Ponzi Scheme or a Scam
by
BD Crypto
on 26/06/2023, 19:47:23 UTC
Story time  Grin
My nephew, who is around 15 years old, has gained knowledge about bitcoin and cryptocurrencies through exposure to discussions between his father (my brother) and me, as we frequently talk about bitcoin.
15 years old means he is much capable to learn about Bitcoin and use it or invest in Bitcoin. You should discuss about Bitcoin with your Nephew with more details as he seems much interested too.

Recently, he expressed his frustration about his teacher and classmates labeling bitcoin as a ponzi scheme or a scam each time he talks about it. I'm seeking a variety of advice that I can offer to my nephew in this situation. Although his father suggested that he should stop discussing bitcoin, I don't feel comfortable with that approach. What are your thoughts on this matter?
You should teach your nephew about how he can handle these situations and how to describe the difference between ponzi scheme and Bitcoin. If Bitcoin is still illegal in your country then keep quiet will be the best idea. We should make awareness about Bitcoin to them so that they can be an early adopter and never miss the future of Currency.