I tell them it’s magic internet money and they like that. They’ll be set for life #bitcoin
Discussion
Magic internet money is a fun meme for adults. But I think we owe it to the kids to give them a very basic understanding of how it actually works. It's math money!
Yes.
I have and they kinda get it. It started to make more sense to them when their favorite things at the grocery store became more expensive.
Yeah as long as the concepts are introduced at a very basic level, they'll have the capacity to make the connections as time goes on.
Showing real world examples is a great way to help them make that connection.
Keep it up! ✊🏽
Magic Internet Money
Recently I sent a Bitcoin transaction from my new hardware wallet (using coin control and custom fees) to an older hardware wallet, and then sent it directly back to the new hardware wallet. Confirmed both transactions on chain in <2 hrs for 6 cents in network fees, but the BTC was worth about 10 dollars more by the time it made the round trip. 😎