Bitcoin Cash and its relationship to teenagers isn't that very much strong. I have been here in the community for a month and I have seen very few members of teenagers. I have also joined and tried using reddit and have seen that most users of Bitcoin Cash are graduates and professionals already. This article writing contest is a great opportunity for us teenagers to showcase our talents and give our own insights on why it is also crucial to introduce Bitcoin Cash to teenagers.
I have listed down below the 3 main reasons why teens should use Bitcoin cash.
BCH can help teens' family expenses
In some countries with quite low-income families, teenagers may suffer in allocating their allowances between school expenses and personal needs. These teenagers may also face struggles in finding a sideline job to help pay for daily necessities.
In my country, teenagers usually look for a place where they could have some extra income while some could be selling food, snacks, or clothes inside the classroom just to help themselves and continue their education. Helping yourself look for some extra income where you can earn cash, it can also help lessen the burdens that our families area facing. Free education isn't enough and there is no denying that these teenagers still need money for their daily allowance.
Image source; I believe if we teach teenagers about BCH and offer them a way of earning- these teenagers can help their families' expenses. I also believe that if we empower and use Bitcoin Cash as payment in exchange of their services, these teens will likely gain more opportunities. Like, trading their earned BCH and grow a little money from trading. I know that there are quite risks in trading but let's just hope that they can make that money grow. Some would also think, they can use this earned BCH to grow a small business like selling food and snacks inside their classroom.
Saving BCH for college
It's quite funny but today I just learned the meaning of HODL "Hold On for Dear Life". It's like saving money, right?
Lets discuss the problems,
...about 17 percent saved half of their money or more for college. Teens who want to attend college often feel pressure to find jobs and work longer hours because the costs of college are beyond their parents' reach. So teens are faced with the decision of either working now and saving toward college on incurring huge student loans to cover their college education. - sapling.com
The problems that our teenagers are currently facing is more than enough to prove that they are really in need of learning Bitcoin Cash. I am currently studying in college and with my experience, I have seen many of my peers who haven't continued studying in college because of financial problems. These peers of mine, I can see them sometimes in a store working as an assistant, they work in construction, security guards in mall, do transportation services and so much more.
So how could saving BCH help them go to college?
Bitcoin Cash is "you are your own bank" money. - read.cash
I really like the explanation of the team (read.cash). Bitcoin Cash is "you are your own bank" money. Let's speak of COMPOUND INTEREST. Normally, if you would like to make your money grow faster, you want to deposit them into a bank that offers higher compound interest. You would likely see, 5% or 6% and that it will never grow into 10% unlike in Bitcoin Cash. The compound interest could grow to more than what you could ever imagine.
I have mentioned HODL already above. In my own opinion, I see that everybody believes BCH will set to the moon and I believe in them too. If these teenagers have earned BCH already, we should teach them to HODL this one.
Let's break this,
Hold On - you should keep it and never let yourself be tempted for exchanging them into cash
for Dear Life- baby this is what I am telling you. Dear Life here would refer to your future. It will help you save your future, your college expenses.
Just imagine that if you have saved 5 BCH now from working on your sideline jobs and that its current value is $1676.80, it will grow into $5000. You just earned $3323.2 and now that's a big money.
Teenagers is the Future of Bitcoin Cash
Currently we have been facing problems in the community. If they are being taught about Bitcoin Cash and is fully aware of the problems that we are facing. These teens might help the Bitcoin Cash in the future. They might have been creating ideas already (their future plans for BCH community) and because they are only there, observing to what is happening around. They sometimes see the bigger picture and have good understanding.
Image source; Teenagers are very open to learning and have fresh ideas. I am seeing that some of us could actually bring the community into a different level in the future. Although these are only my assumptions but we can also never deny the fact that when the elders are gone, they will replace the position of elders.
Thank you so much for reading this article. Once again, these are only my opinions.
Lead image source
Good job done. The reasons given are very key. What the teenagers need is proper awareness.