What do you feel about parents paying their children sats to do housework? \ stacker news ~bitcoin

What do you feel about parents paying their children sats to do housework?

897 sats \ 37 comments \ @cryotosensei 9 Oct 2023 bitcoin

I read several times about how Stackers pay their children sats to do household chores around the house. Their children can opt to do the household chores if they want to accumulate their sats.

I am just curious about the thought process behind this and hope that you guys can unravel and unpack it for me. Actually, I’m of the opinion that we shouldn’t associate household chores with money. Because everyone in the family should pull in his fair share and fulfill some household chores as a sign and love for others. I expect my children to do household chores because it’s a direct way of showing us parents their appreciation. I don’t want to “corrupt” this kind of thinking by making household chores something my children can refrain from doing because they are not into the tech.

How are you guys raising your Generation Alpha kids?

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257 sats \ 16 replies \ @carlosfandango 9 Oct 2023

There are essential and appointed chores (unpayed); clearing away plates and cutlery, tidying their room, sorting recycling, keeping their bikes clean etc. Then there are supplemental (and therefore payed); mowing the lawn, washing the car, cleaning the chimney and working the spinning Jenny.

Sats for preference but sometimes they want the dirty fiat for those instant purchases… I’m not going to restrict them to only one form of currency as I am not the government.

43 sats \ 3 replies \ @carlosfandango 9 Oct 2023

I’m tired so apologies; paid NOT ‘payed’

54 sats \ 2 replies \ @Bitman 9 Oct 2023

Don't apologize, you're keeping the 𝖔𝖑𝖉𝖊 𝖜𝖔𝖗𝖑𝖉𝖊 vibe going. It's probably the right spelling for the 18th century.

10 sats \ 1 reply \ @carlosfandango 9 Oct 2023

Hey nonny nonny fine Sir

11 sats \ 0 replies \ @Bitman 10 Oct 2023

Gadzooks (I'm so late replying)!

32 sats \ 10 replies \ @siggy47 9 Oct 2023

After a quick search I now know what a Spinning Jenny is.

54 sats \ 8 replies \ @Bitman 9 Oct 2023

With that bombshell, we're going to have to revise our age guesstimate of Siggy!

If it's any consolation - although I wasn't sent up a chimney as a child (they tried, I was too big) I'm old enough to know what a Spinning Jenny was:

No, it's not in my man cave - I threw it out when my exercise bike arrived!

21 sats \ 6 replies \ @siggy47 9 Oct 2023

We called it a spinning wheel during my teen years in the 1890s.

44 sats \ 4 replies \ @Bitman 9 Oct 2023

So the 47 in siggy47 doesn't mean eighteen forty seven then?..

...damn, I thought I'd finally nailed it.

21 sats \ 3 replies \ @siggy47 9 Oct 2023

I am the seventh son of the 47th Siggy.

44 sats \ 2 replies \ @Bitman 9 Oct 2023

Great, a clue. I'll dig out my bible and see who begot who.

Who knows, maybe Satoshi named the first block Genesis after you!

21 sats \ 1 reply \ @siggy47 9 Oct 2023

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337 sats \ 0 replies \ @carlosfandango 9 Oct 2023

Spinning wheel is soooo last century!

11 sats \ 0 replies \ @cryotosensei OP 10 Oct 2023

I also Googled to find out what a spinning Jenny is

33 sats \ 0 replies \ @carlosfandango 9 Oct 2023

Everyday a school day…. with the exception of the children who are attending the factory, working towards their evening meal.

Or as they would say in the land of the Spinning Jenny; ‘Everyday is eur scozzy day. Except t' kids whoa are daahn t' factory wukkin for thea teea’

11 sats \ 0 replies \ @cryotosensei OP 10 Oct 2023

This is such a clear distinction and brings clarity to my mind. I can also get behind your reasoning. Thanks for sharing

74 sats \ 1 reply \ @DarthCoin 9 Oct 2023

Yes, I used to reward my daughter with sats for simple tasks in excel, helping me with some work reports.

She was quite good with excel and extracting data from other sources so she helped me a lot with that time consuming work, meanwhile I could focus more on other things.

So we agreed to pay her a fix amount of sats for each excel file she finish.

In regards of housework / cleaning stuff like that, no, I wouldn't pay for that. Each member in the house must do his own part. Especially for youngling, they must learn to be responsible and clean. Now yes, come the part when for example I do not have time to throw the garbage or do some of my houseworking parts. I could say to her "if you do this for me, I will pay you x sats". So I am rewarding for doing my job, not her job.

Don't raise your kids to be lazy. Teach them what proof of work otherwise they will not respect anything in their life, will just take for granted and will end up really badly.

0 sats \ 0 replies \ @cryotosensei OP 10 Oct 2023

I agree with you. Children must pull their fair share of weight wrt household chores. I don’t want to raise a spoilt Emperor and an indulgent Princess

53 sats \ 0 replies \ @artdesignbySF 9 Oct 2023

I consider it good. Especially if you also teach them to save part of their earnings.

43 sats \ 0 replies \ @fm 9 Oct 2023

Not sure paying them a fix rate by hour/job will be good.. But surely reward them with sats is not a bad idea. also, you can keep track of the wallet to see if they are spending ( not cool to find out their playing their sats on a online scam casino).

355 sats \ 4 replies \ @kepford 9 Oct 2023

Doesn't really have anything to do with bitcoin. It depends on what the task is, your children's age, and your goals. You bring up valid points but the benefit of paying kids for work done is teaching about work exchanged for money and the habit of valuing your work and time. Its very subjective and personal. Something you should think about and discuss with your spouse if you have one.

For me, we never paid our children to do many things. Just a few before they could get jobs or work for others out of the home. The goal is what you want to start with. What is your goal and does your actions move toward that or away from it. Paying a kid to brush their teeth doesn't match up. Paying them to do something you already pay someone else to do is different. Like mowing the yard. I can see both sides of this but my goal is raise adults that can support themselves and those they love.

10 sats \ 3 replies \ @cryotosensei OP 10 Oct 2023

Good point about teaching them about the value of work exchanged for money. I had my first part-time job when I was 17, and just didn’t think that my parents could be the ones to teach me about money haha

10 sats \ 2 replies \ @kepford 10 Oct 2023

With child labor laws, regulations, and minimum wage it is very hard for a young person to get a job. At least it is in the US. Its not impossible but it sure isn't as available as it was when I was a kid. I believe a key aspect of success is not accepting the status quo. Find a way. Find a way to do what you want. Don't say I can't. Say how can I?

10 sats \ 1 reply \ @cryotosensei OP 10 Oct 2023

I want to live the Bitcoin Standard but I can’t get my pay to be dished out to me in BTC yet. I’m from Asia, so providers like Cash or Swan or Strike don’t work for me. What do you suggest I can do within my control? Get a Xapo debit card?

0 sats \ 0 replies \ @kepford 10 Oct 2023

Not sure if they are available in your country but maybe checkout Bitwage. They allow you to receive your pay check in bitcoin. Pretty sure a few stackers here use it. I know I have heard @DarthCoin mention it.

Trading services for bitcoin is another way. Do direct work for bitcoiners or sell something online for bitcoin.

If you wanna trade fiat for bitcoin checkout Robosats.

You could also ask for ideas by posting a discussion on SN about this topic. I'd search for it first though. There's a lot of data on the site already.

41 sats \ 0 replies \ @Undisciplined 9 Oct 2023

My daughter's too young for real chores, but I have no problem with paying kids for work that you want them to do. I think it's good for kids to grow up understanding that they are self-sovereign and that their relationships are consensual. There are other ways to do that, but I approve of raising kids to believe they have the right to negotiate the terms of their obligations.

25 sats \ 0 replies \ @q 9 Oct 2023

My parents raised me with the simple belief that money comes from hard work. Even though my parents were the wealthiest in the neighborhood/town, it wasn't often that I could simply point at something and get it. If I wanted something, I had to earn it, and by 'earn it,' I mean I had to work to collect money.. This is decades before bitcoin.

I can observe my friends' kids today, aged 10-13, who seem to have almost no understanding of the value of money. I often witness them spending money freely during vacations as if it were limitless, only to end up disappointed when their pockets are empty, leading them to start begging for more...

I have a kid, well it is some years before I can start sending sats (but I can hodl), I will not force sats but I will encourage that. It is important that the kid understand that it is an opportunity to earn some hard money by doing stuff at home and for what rate.

21 sats \ 1 reply \ @grayruby 9 Oct 2023

I give my kids sats for helping or completing tasks that we don't expect them to normally do.

Occasionally do it out of agreement. Help me wash the car and I will send you x amount of sats but most of the time I just send them sats when they do a good job helping out. This is in lieu of an allowance.

10 sats \ 0 replies \ @cryotosensei OP 10 Oct 2023

Good point. Do I want a structured atmosphere in which my kids know how sats are earned or do I want a more relaxed environment when I give sats as a gesture of my appreciation? I need to think about this more. Thanks for sharing

20 sats \ 0 replies \ @hynek 9 Oct 2023

We pay the children a symbolic pocket money of about 1 dollar per week. They are still very small so they don't care about the numbers in the LN wallet and prefer physical coins. However, I am thinking of trying to issue them bitcoin IOUs. I'll just write on a piece of paper how many sats I owe them. They'll be able to collect it in fiat at any time, but I'll change the default.

We don't want to pay them completely for chores, but if it's some work directly for us, we will.

11 sats \ 1 reply \ @faithandcredit 9 Oct 2023

I didn't have to do housework at all as a kid. Maybe that is why i find the question a bit strange?

0 sats \ 0 replies \ @southside263 10 Oct 2023

lol

10 sats \ 0 replies \ @adexmakai4211 10 Oct 2023

Perspectively speaking I think it's inappropriate. House chores should serve as training ground for children.

10 sats \ 0 replies \ @Entrep 10 Oct 2023

This will be one of the best way of transferring wealth

10 sats \ 1 reply \ @Coinosphere 9 Oct 2023

I think paying them to do chores that they would otherwise have to do is a bad idea, but offering them new tasks for sats, tasks that may be challenging or good at getting them out of their comfort zone, is an awesome idea.

Of course, if the kid isn't hard-core orange pilled yet, why would he lift a finger for sats yet? Assuming you have orange pilled them tho, sats for work is an excellent way to teach them the value of their time and how money works in general.

0 sats \ 0 replies \ @cryotosensei OP 10 Oct 2023

Yes I agree that achieving buy-in from the child should come first haha