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he has a wallet but most of his btc is on a watch only address I maintain
Told him that if he would have done it a year ago he would have been a rich kid 3:-)
If that happened, you would be the rich dad, and your kid only would have a huge balance in a
watch-only address lol.
xD kind of, however it's a separate address, and we agreed he can take control whenever he feels it's safe
he understands the risks but doesn't want to go to paper wallet so this is kind of a happy middle.
i also discussed it here on a thread a few months ago