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.
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You and your brother should talk about such things privately, not in the presence of children, because realistically such discussions are not something that should burden children. It's not just a matter of filling your child's head with things he's too young for, but also about your child being exposed to safety risks because he can talk about these things to someone who has malicious intentions.
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?
I would agree that his father is right, and that he should make a decision on how to raise his son - because the inconvenience he feels at school is a direct result of getting information that should not have come to him at all. If it has already come to the point that he feels frustrated because someone is saying something about something in a way that he does not like, then it is time to teach him a lesson about how everyone is entitled to their opinion, and accordingly such an opinion should be ignored.
The world is full of people who think Bitcoin is a Ponzi scheme and an internet scam, and as far as I'm concerned they can think that for the rest of their lives. It just goes to show that they're not intelligent enough to process all publicly available information .