Summer Camp For Children Includes Classes on Bitcoin and Cryptocurrencies
A Los Angeles summer camp is offering children as young as 5 "a crash course in all things crypto," reports NBC News: In a sign of the bubbling enthusiasm for digital currencies, the Crypto Kids Camp began Monday in a warehouse in a busy port district. Over five days, the camp combines activities that would be common at any summer camp with a crash course in how to think about, buy and even mine bitcoin and other cryptocurrencies... The camp is part of a trend toward young adults and even children becoming immersed in cryptocurrency through online trading exchanges, school clubs, social media and other outlets. In Georgia, state lawmakers this year considered a bill to require high school students to take a course on personal finance including cryptocurrency... Children attend the camp for a one-week session where each day they learn about a different emerging technology. Camp founder Najah Roberts has an acronym, BEASTMODE, to keep track of the breadth of material they cover: Blockchain, Evolution of money, Artificial intelligence, Security (cyber), Technology (virtual reality), Mining and machine learning, Online gaming, Drones and Engineering. Campers this week included children from as far away as Texas and New Jersey, staying with parents in hotel rooms, she said. There's no minimum age to buy or hold an online token such as bitcoin, just as there isn't a minimum age to hold U.S. dollars and cents. Many cryptocurrency exchanges have a minimum age in their terms of service, often 18 years old, and enforce the requirement through banking-style know-your-customer rules, but not all exchanges do.... Eventually they want to encourage public schools to adopt similar programs, not just in Los Angeles but also nationwide. "We want to get it set up to the point where it's in each city," she said. One 18-year-old said the camp taught them how to build a mining machine from scratch that helped them make $200.
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