When my son was 7 I started a mini bitcoin economy with him… this was a different era and we were still using bittrue for price feeds
I created a physical representation of the digital world with bitcoin bucks he earned from good behavior and we put them in an “electronic wallet” (an envelope)
I would buy the digital equivalent of bitcoin and show him that what he had was a paper economy backed by the digital wallet I controlled (and explained he had to trust me to properly manage those funds)
Over time he started to understand bitcoin “eventually always goes up” against the cost of the goods and services he wanted to exchange for them… he learned that bear markets can go on for years
I say this to illuminate that my kid sort of innately gets it economically but price is still meaningful to him (ie, the other day he got $150 and he said I’m going to spend $50 on my self and get ice cream for me and you and I’m going to stack the $100 since btc is low)
He pays attention to the storm command because I obviously don’t let my child on exchanges
last night he said… “Mom why did you add discovered block to the command…. What does that mean?”
So thank you @Kevin bc you kickstarted and unlocked a phase I’ve been waiting years for… cuz baby let me tell you about a nonce 💕♥️
I created a physical representation of the digital world with bitcoin bucks he earned from good behavior and we put them in an “electronic wallet” (an envelope)
I would buy the digital equivalent of bitcoin and show him that what he had was a paper economy backed by the digital wallet I controlled (and explained he had to trust me to properly manage those funds)
Over time he started to understand bitcoin “eventually always goes up” against the cost of the goods and services he wanted to exchange for them… he learned that bear markets can go on for years
I say this to illuminate that my kid sort of innately gets it economically but price is still meaningful to him (ie, the other day he got $150 and he said I’m going to spend $50 on my self and get ice cream for me and you and I’m going to stack the $100 since btc is low)
He pays attention to the storm command because I obviously don’t let my child on exchanges
last night he said… “Mom why did you add discovered block to the command…. What does that mean?”
So thank you @Kevin bc you kickstarted and unlocked a phase I’ve been waiting years for… cuz baby let me tell you about a nonce 💕♥️
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