Pros and Cons of Banks: Cryptocurrencies for Kids (STEAM Project) #3

In a world of Fraud, Corruption, and Political pressure, it's hard to know if our Central Banks are friends or foes. Could Cryptocurrencies be our key to financial freedom? It's time for you to find out before it's too late! Free Downloadable Resource: www.teacherspa...
Subscribe: www.youtube.co...
Watch this Next: • Where Does Chocolate C...
Don’t miss out on free resources! - Follow us on Teacher’s Pay Teacher:
Subscribe to our Patreon: shorturl.at/Vmwev
Here are ways to work with us at Learning Made Fun:
- Send us your work: We'd love to share something cool you've made in our videos
- Collaborate with us: Send us an email at [e-mail]
- Subscribe to our Patreon: www.patreon.co...
- Visit our shop: www.teacherspa...
Connect with us on Social Media
- Instagram: / cxnun5hrgxi
- Facebook: www.facebook.c...
- TikTok: / lmf_learningmadefun
- Twitter (X):
Have a Question - Feel free to ask in the comments; we will do our best to answer!
Request and Suggest - Drop us a video suggestion, and we will do our best to create it!
This video is not sponsored.
Time codes
00:55 - Introduction
01:25 - Starter Questions
01:30 - Advantages
01:38 - Advantage 1 -Monetary Policies
03:05 - Advantage 2 -Customer Service
04:17 - Advantage 3 - Finacial Education
04:30 - Advantage 4 - Loans
04:42 - Disadvantages
04:50 - Disadvantage 1 - Making Bad Decisions
05:35 - Disadvantage 2 - Political Pressure
06:53 - Disadvantage 3 - Favouritism
07:54 - Disadvantage 4 - Corruption
08:20 - Cryptocurrencies
08:45 - Conclusion
08:55 - Connect and Support
#Digital Finance #banks #cryptoforkids
About: This video delves into the pros and cons of our central banking system in a humorous and simple manner, tailored for children. We highlight advantages such as effective monetary policies, economic stabilization, customer service, financial education, and access to loans. Conversely, we discuss disadvantages such as poor decisions leading to inflation, political influence, favoritism towards larger businesses, and corruption eroding public trust. Additionally, we touch upon the emergence of cryptocurrencies as an alternative. The video offers free downloadable resources to facilitate student debates on this topic.