Teaching Kids About Bitcoin with Michael Caras & Violet Mauceri

 
 
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“You know about digital currency from when you are a little kid...but they don’t have any way to deal with it, except now with bitcoin they can; they can understand the finite supply, they can understand that it’s uncensorable, nobody knows censorship like a kid.”
— Michael Caras

SHOW DESCRIPTION

Location: Remotely
Date: Wednesday 21st July
Role: Author, Student

Bitcoin can take a lot of time to understand, but the core foundations of sound money are relatively straightforward.

For adults, learning about bitcoin often means unlearning the status quo. Understanding bitcoin challenges what we take for granted about the existing monetary system.

While older generations may struggle with bitcoin being digital-only, a digital world is all that young people have ever known. Growing up with computers, the internet, and video game currencies makes understanding a purely digital decentralized monetary network a much easier task.

So what do kids think of Bitcoin? And how can we teach the next generation?

In this interview, I talk to author Michael Caras and student Violet Mauceri. We discuss how digital natives understand bitcoin, the properties of sound money, Bitcoin and Judaism.

TIMESTAMPS

00:05:32: Introductions
00:06:40: Background to the show
00:13:30: Breeding the next generation of bitcoiners
00:16:01: Bitcoin Money by Michael Caras
00:22:18: Orthodox Judaism
00:24:13: Home-schooling maths during lockdown
00:25:56: Teaching Bitcoin in school
00:27:28: Bitcoin in the Jewish faith
00:30:56: Jewish law
00:35:22: How has the book surprised Michael
00:37:53: How and why Michael wrote the book
00:40:23: The coincidence of wants
00:42:44: Bitcoin is simply a ledger
00:48:02: The properties of money
00:50:37: Inflation
00:56:11: Bitcoin for kids
01:00:18: Bitcoin maximalism vs altcoins
01:03:34: Explaining the Lightning Network
01:07:29: Final comments from Michael
01:12:08: Interview with Violet

 

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SHOW NOTES

PodcastPeter McCormack