Quote from: yayayo on December 30, 2016, 01:50:30 AM

Quote from: calkob on December 29, 2016, 04:58:45 PM

My kids love bitcoin, they have had wallets for 3 years and have introduced the friends to the concept. They are all swapping bitcoin and exchanging things for it. It reminds me of the ted talk by andreas which i have posted below. " try explaining KYC to these kids when their 18", lol Grin

https://www.youtube.com/watch?v=1AVRVfw-8nE

Edit: watch about 17:00 for exact quote.

Yeah, kids have a pretty good natural feeling about which things are good and which ones are useless. They are not yet indoctrinated by the state, that's why they don't understand how anyone in its right mind would think that KYC / AML are beneficial.

What your kids are doing is natural business activity. It's engaging in a free market as it should be. It's a source of creativity and joy. That's Bitcoin.

ya.ya.yo!

This is actually a really good post in my opinion, although that doesn't matter much. But the comment specifically on the indoctrination of the state is actually a pretty good point you make, and I have to say it's definitely one of your better points. The choices of the kids doesn't necessarily represent the free market and how it engages, since they don't need to immediately provide for themselves, but it does go to show how marketing and complexity can interest kids.