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I have kids, there's no need for simulation. We have Roblox. Which has been a surprisingly useful [1]real-world/low-stakes financial literacy course for them.
by michaelbuckbee 2y ago
I have kids, there's no need for simulation. We have Roblox.
Which has been a surprisingly useful [1]real-world/low-stakes financial literacy course for them.
- They have been scammed.
- They have blown money on stupid useless stuff and cried with regret.
- They've applied for jobs (seriously, there was an application process and interview).
- They've made hundreds if not thousands of decisions balancing entertainment, commerce, utility, and budgeting.
It's all of the true feel-it-in-your-bones financial literacy that the article advocates for being delivered to them in the guise of blocky figures and them playing with friends.
1 - You buy Robux (the in-game currency) with real money, and for years, it's been the number one thing they've asked for as a gift.
- ykonstant 2y agoI still don't understand how the Robux stuff is legal.
- Tyr42 2y agoI mean I cut my teeth on RuneScape and it was the same kind of deal. I learned that cow hides rose in value as you bring them closer to the crafting centres and that middlemen who want to do it for you can take a generous cut for themselves.
- y-curious 2y agoThat sounds like RuneScape for me as a kid. I got scammed, made money, made friends, had pathetic swipes at romance etc. What are the downsides to Roblox in your experience? It feels like crack cocaine for kids
- dfedbeef 2y agoRead the Hindenburg article about Roblox
- teddyh 2y agoOr this video, by Quintin Smith (People Make Games): <https://www.youtube.com/watch?v=_gXlauRB1EQ https://www.youtube.com/watch?v=_gXlauRB1EQ> (with follow-up: <https://www.youtube.com/watch?v=vTMF6xEiAaY https://www.youtube.com/watch?v=vTMF6xEiAaY>)
- kibwen 2y agoUnfortunately you run the risk of your children learning "financial literacy" of the form "scamming people is lucrative, and gambling is fun and zero-consequence because it's all funny money anyway".