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If you were to teach youth about BTC, what would be the most important lessons or concepts you think they should know?

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I think the most important lessons for kids aren't necessarily about Bitcoin, but about responsibility.

I'd start with the basics: personal finance, money management, and the difference between 'Easy' and 'Hard' money. It might sound boring at first, but if the learning is hands-on, like managing a small budget or earning sats for chores, the lessons stick.
Once they understand that money is just a way to store their time and effort, Bitcoin will make sense.

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0 sats \ 1 reply \ @k00b 7 Jan

sybil resistance, the byzantine generals problem, nakamoto consensus, applied cryptography

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theory of money, medium of exchange, store of value, commodity money, fiat money, technology of money, seigniorage, fractional reserve banking, rehypothecation, cantillon effect, gresham's law, gold standard, centralized ledger, distributed ledger

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On the theory/history side

  • What is good money
  • What is bad money
  • Stories about inflation and different instances of it, over time
  • Stories about gold. Bitcoin is digital gold (and why this is so)

On the practical side

  • Creating a wallet with open source tools like Sparrow Wallet
  • Buy a tiny amount of bitcoin
  • Do a bunch of transactions (transaction fees are very cheap now)
  • Learn through the transactions all about concepts like wallets, seed phrases and private keys, addresses, transactions fees, etc.

I wrote a book Bitcoin, Hands-On: 28 “learn-by-doing” exercises to master the basics of managing your own Bitcoin, including wallets, transactions, and self custody. It goes through a lot of exercises that teach these practical basics.

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