Explain it with dog

Or if they’re older then a fun novel

Bitcoin Money: A Tale of Bitville Discovering Good Money by Michael Caras

Great question! There are some interesting questions you can ask, but the best way is to show it. Even better would be to experience it. For 8th graders, this can perhaps be a nice suggestion:

Ask them where the money on your bank account is stored (centralized, 1 point of failure). Then show a Bitcoin wallet with some sats, preferably on a screen/monitor... E.g. Sparrow wallet or Coinos wallet with a self-custody wallet (coinos.io) wallet for a simpler UI Ask them where those Bitcoin are stored.They probably think it's inside the wallet, while it's on the Bitcoin blockchain. It's fun to explain this shortly visually and show that this is stored on a huge amount of computers worldwide and every computer has a copy of your bitcoin.

Ask them how can you get a bank account? (You can't create a bank account) Ask permission and give a lot of personal details. Then ask how to create a Bitcoin wallet. They probably think you create an account somewhere (permission wise) through a middleman. Explain them that you can do it without internet, without a bank, without permission, even with rolling dice. Explain that all your Bitcoin are accessible by a very very big number. And with this number you can create a backup of your bitcoin. To make it readable for us, the backup is in 12 or 24 words.

Ask them who has access to your bank account and what can they do? They can freeze your account. Then ask them what can you do when you have lost your phone with a Bitcoin wallet on it. This is a self-custody wallet. You can restore it with your backup. Show a demo.

Ask them if you can send money to an email address? You can with a lightning address. Give a demo on screen with coinos.io. You can register for free and access your Bitcoin/Lightning wallet in your browser. You automatically get a lightning address. Send money to your lightning address for the WOW effect.

Ask them if you can give someone money digitally with a qrcode and show a demo with Lightning via https://tipcards.io. Send some sats to there with a fun custom message and receive it via Coinos.io.

i would say start with money history and facts and end with bitcoin. i use this book with my 10 year old and she gets it, she also gets her pocket money in sats

if you're doing a class, i would have each kid install a lightning wallet as part of homework, fund them all 1k sats (or make a thread here and we can all chip in) and then as part 2, i would have them do some homework on 'where can i spend and earn sats'

give them a little skin in the game and make it real.

or if there is some ethical reason, like you have parents hating the fact the kids have a wallet etc, then maybe you make a class wallet that you control and fund it, and do some interactive stuff, let them practise using it to spend sats, create an invoice, buy something etc

I just wrote about my experience here: #798655

Mine is 8.

Delayed gratification is an important one. I guess it depends on how old they are.

I might try something like you get the choice of an altcoin where you can generate yield or bitcoin with no yield. The alt depreciates in value while bitcoin increases in value. Do some math and let it play out over a year.

In this post I was given several ideas, from books, wallets and videos. I hope you can translate some of them into German and they will help you. #678286

As a fellow teacher, I find that kids already have some kind of awareness of Bitcoin. Some of their parents may even have bought a Ledger.

To ascertain their current understanding of Bitcoin, I will probably divide the class into groups and get them to just write down all the words that come to their minds when they think of Bitcoin - if your kids are the sort that don’t mind speaking up. When they pull their ideas together, they may find that they actually know more (and have more misconceptions!) about it than they realise. Then, you can assess where their level of knowledge and skills is at and respond accordingly so that they feel that you are adding to their baseline of knowledge.

Also, honestly, Kahoot! quiz works best to assess knowledge and stimulate interest in your students. In another lesson, you could have a True/False Kahoot! quiz to get them fired up xP

When they are around 5 you can try to find if you have one that is a nerd and teach him/her how to make a LN node and manage it.

Germany had the big hyperinflation in the early 20's. Maybe if you could make some copies of the bills from back then, with all the zeros.

Also I know there were some local bills too - since transport, of the huge amount of paper money began to be a problem, I believe the central authorities allowed lots of smaller cities/towns to print the money. I've seen some bills from that era, that were from small cities in Germany/Austria. Would be great if you could find that, for whatever area you're teaching in.

Maybe talk about Beanie Babies, and bring one in. They were a huge fad, jumped in value, then more and more were manufactured so they weren't scarce anymore, and the whole thing faded.

I think NGU is the best on boarding tool, for normies, kids, young people, old people, literally anyone. Freedom money is hard to understand, but anyone can understand number go up.

My approach in orange pilling my kids was to get them to hold and use bitcoin. I installed lightning wallets on my kids' phones and gave them bitcoin for birthdays and Christmas. As well, they can buy bitcoin from me with the fiat they earn/receive from other sources. They've experienced and saw the increase in purchasing power of their sats first hand and have a firm believe that holding value in bitcoin is far superior than holding value in fiat.

I don't think they understand the freedom money aspect of it yet, as it doesn't really concern them. But that will come later in life. At least they're stacking sats as much as possible now.

One thing to add, I don't think you can teach people something that they're not interested in or don't want to learn about. On the other hand, if they have interest in something, you don't need to teach them, as they will seek out the knowledge on their own.

If you talk about kids like 5 to 12 years old, then they should start with Tuttle Twins: https://www.angel.com/watch/tuttle-twins

After that is something else.