Children and blockchain technology (cryptocurrency)

Chit Chat
21

It is good because they are able to get much information on cryptocurrency at an early age.

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22

Not all paths are good to be followed but for crypto, I second it.

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23

I hope you help your child to have this knowledge when the time is right.

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24

For sure in crypto/Blockchain technology path that is what we are currently talking on

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25

But I’m also thinking that the more children are exposed the more they get to know the intricacies of the system there by leading them to abuse it.

26

I would say teaching teenagers is okay. But their activities and decisions should be controlled by an experienced adult

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27

You welcome Kara.
Good to have you back
It’s the ongoing
Tron Hackathon session 4

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28

Kara welcome onboard once again on the forum :handshake:

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29

Thats very brilliant, teach and guide, till they are old enough to make inform decisions.

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30

Certainly children below age 18 should be guided

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31

Introducing children to cryptocurrency at an early stage of their lives can have both positive and negative impacts.

On the positive side, it can teach children financial literacy, help them understand how money works, and give them a head start in learning about a potentially valuable asset class. Cryptocurrency can also provide an opportunity for children to learn about technology, mathematics, and economics.

On the negative side, cryptocurrency can be a complex and volatile asset, and its values can fluctuate rapidly, leading to potential losses. Additionally, there is the risk of scams, fraud, and other unethical practices associated with the cryptocurrency market. Children may not have the maturity or experience to navigate these risks, which could lead to significant financial losses.

Therefore, it is important to introduce children to cryptocurrency with caution and in a controlled manner. Parents should provide guidance and education about the risks and benefits of investing in cryptocurrency and ensure that their children have a solid understanding of financial management and responsible investing.

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