Singapore is easily Asia’s most financially literate country and it comes as no surprise that the country would be in the forefront in accepting new trends in finance and technology. This includes the massively popular cryptocurrency trading including bitcoin. But what is the difference between Singapore and other Asian countries in terms of acceptance of cyrptocurrencies?
For one thing, Singaporean society teaches the value of wealth and finance. They know the basics of saving, the importance of investing money and the value of hardwork. Almost all these aspects are taught at an early age, so when they start making their money on their own they have an idea on what to do with it. These days, the kids are already introduced to various concepts related to cryptocurrency like how to buy bitcoin in Singapore or how to properly trade these coins. Bitcoin in Singapore is just like bitcoin trading with other countries. The values do not change geographically speaking but the rates for buying and selling BTC SGD vary from one platform to another. We have also established the fact that Singaporean kids are taught the value of money as well as how important it is. This is in essence the main reason why Singaporean teenagers are more likely to be seen trading, buying and selling bitcoin and other forms of cryptocurrencies at a young age. Advisable for Others? There are a few things that other parents can learn from this startling revelation. The first one is the embracing the future. Many parents all around Asia have just begun accepting technology as a major tool in shaping and molding the future generation. Singaporean parents are more welcoming with technology which is the reason why kids have integrated technology into education. Bitcoin and Blockchain has also become a good topic for discussion between the older and younger generation. Take note, this isn’t just happening in Asia but in all parts of the world. As long as there are local trading platforms that can be used to buy bitcoin or not, you can expect that there’s average to huge buzz over cryptocurrency. It’s never too late to learn more about bitcoin and cryptocurrencies in general. Asking questions about it also opens a bridge of learning. However you want to do things when it comes to the subject, the important thing is that you are curious and that curiosity is something that can be passed to the younger generation. Third thing you can pick up from this is the fact that blockchain technology is something that may fundamentally change the way we do things in the future. If it truly succeeds in the near future then it’s a good time to familiarize yourself with the concept. In closing, not only is bitcoin trading an easy enough subject and topic to teach to younger kids, its also easy to describe and impart as long as you make things simple enough to be understood by teenagers and young adults. It’s never too late to learn new and interesting things like cryptocurrency, getting past the first step and you will be on your way to trading, buying and selling coins and more.
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