The Bit Coin sounds like a far off theory of a global currency. I am sure that something similar may be in the works for the future. The thing that confuses me about this theory of a globalized digital currency, is how to purchase bit coins. In all of the research I did on Bit Coins for this post, I found zero articles that told me how to earn them. Are they supposing that employers in the future will be paying their employees with a digital currency? That could work, but not everyone works. Not everyone has a computer. I am having a hard time seeing how this could work for the world. I don't see how people would get started with this digital money without using real money to buy into the system. For instance, when I want to buy a new game for my X Box, I can go to the store and buy a card with 1600 "points." I then use those points to purchase the game online. I see how digital money works in my life today, but I don't see how it works without real money.
As far as how to teach it, children can learn it. I don't see any reason why they couldn't. My 8 year old daughter already understands the concept of digital money whether she knows it or not. When she wants to purchase a game, she understands that she needs to buy one of those cards with the points. It really wouldn't be much different that how we teach money today. Every thing would have a value, then they would have to figure out how many Bit Coins it would take to purchase said item. Kids are open to new ideas. It would be the older folks that it would be hard to teach.
en.bitcoin.it/wiki
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