Jul 13, 2018

Having Trouble Explaining Bitcoin? Try These Cartoons!

Questions:

  • In your own words, what is bitcoin? 
  • Find a chart showing bitcoin prices over the past 12 months? When do you think investors thought bitcoin was "a sure thing?"
  • Is bitcoin a physical currency, as the last cartoon indicates? 
  • Where is bitcoin accepted today? Have you been to a store that accepts it? 
  • Spend 5 minutes researching articles about "tulips and 1636." What does this have to do with bitcoin? 

 

 

About the Author

Tim Ranzetta

Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.

author image More by Tim right solid arrow
Mail Icon

Subscribe to the blog

Join the more than 12,000 teachers who get the NGPF daily blog delivered to their inbox: