Bitcoin For Kids Book Series Coming Very Soon! Check Out Our Covers!

Bitcoin For Kids Book Series Coming Very Soon! Check Out Our Covers!

Bitcoin_for_Kids_book_series_covers

As you can see, we’re releasing a 3-Book Bundle! And, you may have thought we were giving up on Bitcoin and not posting regularly on this blog because we lost interest…NO! We’re SO busy…this our longest, biggest book project we’ve ever started…and we’re finally seeing the end of the tunnel!

We’re so excited, that mom assigned me book design today! Don’t you just LOVE our illustrations!? Our illustrator is SO incredibly talented. He always gets our ideas perfectly and often even better than we thought!

Here are the titles:

Bitcoin for Kids Book 1: Putting Money In Kids’ Hands Today For A Better Tomorrow
No Need For Virtual Worlds and Make-Believe Money – Kids Can Play This Real Life Game and Make Real A Difference In The World Today!
Bitcoin for Kids Book 2: How To Earn, Save, Spend and Share Bitcoin
Enjoying Digital Money Today – Easy, Fast and Fun Tutorials for Kids
Bitcoin for Kids Book 3: Wise Words From the World’s Best Bitcoiners
Bitcoin Breaks the Boundaries of Age and Much More!

Did you get the pattern of age, and number of people, to show the progression from Book 1>2>3?

Yes, we have a sub-subtitle. But, we just couldn’t leave them out.

Anyways, back to work–we’ve been reading, researching, re-writing, formatting and re-formatting what seems like a gazillion times.

UPDATE: September 27, 2013. We had a day’s notice to travel overseas and have been here ever since. We have limited electricity and Internet, so that’s why we’re delayed yet again. But, today we found time to post all the audio tutorials we made before we left, just click our Bitcoin Tutorials category here. We’re working whenever we have electricity, because if you didn’t see, the Bitcoin Academy wants to use OUR books for their curriculum…how AWESOME is that!?

Also, we launched our BitKidz Forum today too. Yay! We want to meet at least 5-10 kids using bitcoins today, for our FREE Intro Book “Bitcoin for Kids: The Rise of BitKidz – How Cryptocurrency Is Changing the Lives of These X Kids Today! ” Want to be interviewed, email us at contact<at>bitkidz.com and we’ll send you our questions. TIP: it’s first-come first-published, so the first ones who answer our survey will be featured in our book first!

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Comments

Eric says:

My parents didn’t let me get PayPal so I use Bitcoin instead. I love watching how the price goes up and down.. But I don’t like it when it goes down :P I play on a Minecraft server called MinecraftCC who gives players Bitcoins :D

Isn’t it great to be a kid in 2014? :P

Linda says:

I’m don’t think this is correct. I’ll try to poke holes in it, irtenested in your response.You effectively have three options in this model:1. Hold USD2. Hold Bitcoins3. Hold (and use) mining equipment.The value of the mining equipment (especially GPUs) can be approximated to fall slowly against the USD, due to depreciation. In short timespans, it’s probably negligible, but let’s just assume we lose 0.01 USD’s worth per day.Then, given your data, the most profitable course of action is to hold US dollars. If we hold the USD from start to finish, we maximise our return (regardless of which currency you measure it in). So why would anyone mine when the currency falls?Instead of tracing out a half dozen possible price scenarios by hand let’s set up the exact model of mining/holding usd/holding btc.I’m using a single time period for this, but the same reasoning can be extended to handle multiple periods. I’m also valuing everything against the USD, but it’s trivial to show that the logic remains the same regardless of which unit you use to measure.Let B0 be the value of 1 BTC in USD at the start of the investment period.Let B1 be the value of 1 BTC in USD at the end of the investment period.Let M0 be the purchase price of the mining rig (in USD).Let M1 be the resale value of the mining rig at the end of the investment period (in USD).Let E be the cost of running a mining rig (in USD)Let R be the amount of bitcoins mined during the investment period.Then the return of holding 1.00 USD is 1.00 USD, since we’re not doing anything.The return on holding 1.00 USD’s worth of Bitcoins is (B1/B0) USD.This is the trivial part: As long as Bitcoins appreciate against USD, they’re a better pick.Now the return on 1.00 USD’s worth of mining rig is:The return on the physical hardware: M1/M0Plus the value of the generated bitcoins: B1*RMinus the value of the electricity spent: EGiving us: (M1/M0) + B1*R ENow it’s entirely reasonable to assume that (M1/M0) 0, so the only source of profits against the USD comes from B1*R. So higher bitcoin prices, and more bitcoins generated are what leads to mining being profitable. In the extreme case of bitcoins going to zero, it’s obvious that all the mining did is waste electricity and depreciate a piece of equipment.I’m sorry for digging all the way into the gory details, but this is the best way of taking all factors into account without fixating on what numbers are being used.

Wiebe says:

We have a large bag of unopened puppy food we would like to dotane. Please provide us with the address where we can drop it off.Our number is (305) 444-6628. Thank you.

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