In today’s divided financial landscape with Centralized Finance (CeFi) and Decentralized Finance (DeFi), it’s imperative to educate kids about both sectors. The Bitcoin book isn’t propaganda but an initiative to give kids knowledge. 🌐
The Bitcoin book represents DeFi.
Main Points:
Teaching about DeFi empowers kids to make informed financial decisions in the future. 🌱
Kids will learn not only crypto terms but also the values and norms of the crypto community. 🤝
A-Z Crypto Highlights:
A: Altcoins (like ETH, Dogecoin) and Awareness (do research before investing).
B: Blockchain (records all transactions) and Bet (crypto is a bet; always track the market). 🔗
C: Capital (funds needed for investing) and Collect (the power of collecting unique digital art pieces). 🎨
D: Decentralization (crypto community’s structure) and Dump (part of the pump and dump scheme). 🔄
E: Ethereum (a vast blockchain) and Exit Scam (fraud where founders vanish post-investment). ⛓
F: Futures (legal contracts) and FOMO (fear of missing out; a reason for market volatility). 😰
G: Gas (fuel for blockchain) and Gain (profit from selling tokens).
H: Halving (decreasing number of tokens) and HODL (hold valuable tokens). 📉
I: ICO (launching new tokens) and ICE (platform for trading cryptos).
J: Java (programming for blockchain) and Jargon (specific set of crypto words). 💼
K: Keys (public and private for transactions) and Kimchi Premium (token price manipulation in South Korea). 🔑
L: Liquidity (how easily a token can be traded) and Lambo (crypto slang for Lamborghini). 🚗
M: Mining (using computers to add to blockchain) and Moon (token prices skyrocketing). 🌙
N: NFT (unique digital arts) and Nodes (network messengers). 🎨
O: Open-source (transparency in digital ecosystem) and Offline Storage (storing assets offline). 🔒
P: Pair (trading two cryptos) and Peer-to-Peer (direct transactions). 🔄
R: Rank (position based on market cap) and Rekt (losing big in trading). 📊
S: Satoshi (smallest unit of Bitcoin) and SAFU (fund to protect Binance customers). 💰
T: Total Supply (available tokens in market) and Taint (tokens linked to criminal activity).
U: Utility Token (specific access tokens) and Unconfirmed (status during transaction checks). 🚫
V: Volume (number of tokens traded) and Volatility (market’s unpredictable nature). 🔥
Teaching kids these basics ensures they’re well-equipped for a financial world increasingly intertwined with cryptocurrency! 🌟🔗🚀
To dive deeper, check out the complete article: https://droomdroom.com/our-version-of-the-bitcoin-book/
