NewsEconomicsIn Los Angeles the summer camp for small cryptocurrency...

In Los Angeles the summer camp for small cryptocurrency miners

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Crypto Kids Camp closed its first week in a warehouse in a busy Los Angeles port district. For five days, the camp combined summer camp recreation with a crash course on how to think, buy and even mine bitcoin or other cryptocurrencies. 26 boys aged 5 to 17 participated, with the idea that no one is too young to know the bitcoin economy. The camp founder explained in an interview: “Most of us grew up in school and no one has ever taught us how money works. Therefore, we have really lost the importance of saving and investing and the understanding of how these things work. “The camp enters a trend that involves young adults and children in financial education that also passes through online trading, from school clubs and social media. In Georgia, state lawmakers considered a bill this year to require high school students to take a course on personal finance, including cryptocurrency. A law: “related to skills and the core curriculum for quality basic education, to provide a course of study in financial literacy for 10th or 11th grade students; address related issues; provide for an effective date; repeal conflicting laws; and for other purposes “. These are programs that aim to overcome racial and cultural diversity that go hand in hand with the co programming rsi dedicated to middle and high school students, already active also in some Italian middle schools. But bitcoin camps are new. The camp’s founder moved on to training after several years as a bitcoin investor and entrepreneur. And her program plans to introduce children to topics such as the history of money and how currency trading works, especially to people of color, Latinos and other communities who, she believes, may be less likely to learn about digital currency through family, friends or school: “This is what we need to focus on: bringing this training to urban centers so that children, during breaks, can get a taste of emerging technologies.” Also because, around 9% of teenagers claims to have traded cryptocurrencies, according to a survey of 7,000 U.S. teenagers conducted this year by investment bank Piper Sandler. Of these, 81% were male. And for some young people, a bitcoin wallet arouses much more interest than the traditional little pig or the classic post office savings account opened with the approval and monitoring of a parent.

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