ERNIT Piggy Bank: Teaching Kids to Save Using Bitcoin
A new project on Kickstarter called ERNIT is a digital piggy bank that teaches kids to save money using bitcoin. It dubs itself as the piggy bank of the future, as it also allows fund management through the app. It also accepts credit or debit cards and bank transfers, aside from bitcoin. The app is connected to a physical piggy bank which uses light to show users how close they are to reaching their goals. The creators noted that children need to touch, see and hear to learn about financial value at an early stage, which is why ERNIT drew inspiration from traditional piggy banks. Bitcoin....
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ERNIT is a piggy bank revamped for the modern world, where children are more likely to have smartphones in their hands than paper currency and coins. ERNIT took it upon themselves to make a classic savings tool relevant once again in an increasingly digital world, where payments are frequently made online. With the ability to deposit funds from credit, debit, as well as Bitcoin, ERNIT is a modern twist on the iconic piggy bank. I spoke to Thomas Bjerring, one of the founders of ERNIT. Can you give me a little background history on ERNIT? On New Years Eve 2012/2013, Mads, Thomas and Søren....
A new piggy bank for the digital age has been introduced to the crypto-community. Ernit, the digital savings bank, allows children to save bitcoin and other currencies through its mobile application and its electronic piggy device. The founders of this project have children and wanted to teach them and the rest of today’s youth the importance of saving....
A team of creative technologists based in Denmark have launched a Kickstarter campaign for a digital piggy bank and app that enable children to save in bitcoin. The Ernit app is connected to an interactive physical piggy bank that uses light to show children how close they are to reaching their saving goals. According to Thomas Bjerring, founder and partner at Ernit, the idea first emerged approximately three years ago, when members of the team - most of whom are parents - began to discuss the idea of giving their children digital pocket money. Bitcoin, Bjerring said, seemed like an....
As a father, I want to teach my children about money and the wise use of it. My father taught me to be responsible, to save, and to avoid debt as much as possible, and his lessons have served me well. Now I want to pass on those principles to my children, but it gets a little tricky in a world where mainstream financial advisors point in the opposite....
The tools, toys and games available to teach kids about sound money and the Bitcoin network — after all, they’re the ones who will use it. The crypto winter is here. It’s a trying time as prices grind down, but it’s the best moment to build and learn. For some Bitcoiners, the bear market is a time to plant trees or create memes. For those with kids, it’s a welcome recess used to broaden the minds’ of Bitcoin (BTC) minors. Cointelegraph spoke to the creators of popular Bitcoin-related games and educational tools to understand why teaching kids about sound money is critical, and some of the....