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Author Topic: How to explain bitcoin to teenagers or children  (Read 864 times)

katepagava

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How to explain bitcoin to teenagers or children
« on: June 23, 2017, 11:50:50 AM »
How would u do this? :)

Omeluk

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Re: How to explain bitcoin to teenagers or children
« Reply #1 on: June 23, 2017, 12:27:53 PM »
Bitcoin is difficult to explain. I also felt difficult in understanding bitcoin for the first time. Let's share how to explain bitcoin to children of teenagers. In My country I can say 98% children don't know bitcoin. In fact, bitcoin can be future money. If the children not familiar with cryptocurrency or bitcoin, how can they face the digital era in the future.

katepagava

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Re: How to explain bitcoin to teenagers or children
« Reply #2 on: June 23, 2017, 12:37:28 PM »
Yeah, I agree with u, but nowadays children r very smart! i'd like to explain my children what cryptoccurency is)

Kateryna_Oli

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Re: How to explain bitcoin to teenagers or children
« Reply #3 on: June 23, 2017, 03:35:47 PM »
I think it's difficult to explain ???
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mihohil

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Re: How to explain bitcoin to teenagers or children
« Reply #4 on: June 23, 2017, 04:45:45 PM »
I think it's difficult to explain ???


it's very nice imagine of children nowadays! I agree with it.

Kateryna_Oli

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Re: How to explain bitcoin to teenagers or children
« Reply #5 on: June 23, 2017, 07:09:40 PM »
I think it's difficult to explain ???


it's very nice imagine of children nowadays! I agree with it.

I think our children will create something more new than crypto :o
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vitalino

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Re: How to explain bitcoin to teenagers or children
« Reply #6 on: June 23, 2017, 09:14:16 PM »
As you already may know: Bitcoin is a Crypto-Currency. So, What does it mean?? This means:
It is a digital asset and no physical object in the world can be referred to as'One Bitcoin'or any amount in its smaller units
So, it is Digital. So does that mean that is it in the form of a digital file or something?? No. I'll come to this part while explaining ‘Public Ledger'.
It uses Encryption Techniques for validating transactions and even for its self-generation. SHA-256 in the case of Bitcoin.
It is a peer to peer, decentralised electronic cash system and does not rely on any centralised authority such as a Bank or VISA or any other organisation.

Natalia_Volkova

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Re: How to explain bitcoin to teenagers or children
« Reply #7 on: June 24, 2017, 08:02:46 AM »
I believe that soon teenagers will explain to us about bitcoin. Time does not stay in place. But now it's enough just to show them a few articles on personal look.

Daniel_West

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Re: How to explain bitcoin to teenagers or children
« Reply #8 on: June 24, 2017, 08:27:54 AM »
How would u do this? :)
I would recommend them some literature to read if they are really interested, or just explain it with simple words, omitting many details, so they could understand.

Kateryna_Oli

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Re: How to explain bitcoin to teenagers or children
« Reply #9 on: June 24, 2017, 09:11:45 PM »
How would u do this? :)
I would recommend them some literature to read if they are really interested, or just explain it with simple words, omitting many details, so they could understand.

Or to show them interesting videos ;)
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dangarang

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Re: How to explain bitcoin to teenagers or children
« Reply #10 on: April 26, 2022, 01:20:52 PM »
The world of cryptocurrencies is often associated with quick profit and easy money. Despite the recognition of bitcoin by large investment banks and funds, such an impression is largely true. Endless financial pyramids, projects without ideas and meaning, fan tokens, and, finally, billions of dollars invested in memes — all this is the reality of the crypto market, to which more and more people come. Experts often call such financial innovations a gamble rather than an opportunity for reliable investments, but neither advice nor obvious risks can keep millions of people from huge losses. After all, coding games for kids is one thing, and cryptocurrency games are another.

cashisking86

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Re: How to explain bitcoin to teenagers or children
« Reply #11 on: April 27, 2022, 01:34:48 PM »
They are probably more capable of explaining it than many people my ages (30s)

HeavLeighGill

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Re: How to explain bitcoin to teenagers or children
« Reply #12 on: May 05, 2022, 05:46:47 PM »
Need this because I still can't seem to explain it to my husband, or he stops listening halfway through  ;D

Muneeb

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Re: How to explain bitcoin to teenagers or children
« Reply #13 on: May 06, 2022, 07:14:24 AM »
Now a days the teenagers are so much excited and they want to earn good money in a short time and some teenagers will earn but almost lose their money becasue they don,t want to learn and crypto is the best business for this type of peoples and if they invest in it then its good for them and they just wait for the price up and no learning is so much required in this business.
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