Saturday, June 1, 2013

3. Bitcoin

     While it is immensely important to teach children about financial interests and the use of money, I do not think it is imperative for children to learn the use of Bitcoin.  It is quite a novel idea to have internet currency but it is not backed by any governing entity or gold, oil etc. Personally I do not think that children should learn about Bitcoin quite yet because it is still a fairly young concept and it is quite complicated to understand how it works.  Maybe in the future when or if Bitcoin is a more of a common currency children should focus on it but for the time being teachers and parents should just stick with teaching their children the current paper and coin currencies.

                                                     

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