I will do more research. It does seem complicated but I can keep at it.
It seems you're doing great now and I think you already understand the concept of Bitcoin and how it will worThanks. I am getting there
I am about ready to plunge in. So if I have this right, I buy the Bitcoin, then transsfer it to my nephew, but only one of the keys (public I believe but need to check this).
W/he can use a paper wallet and if I want I could fund a coin with it.
He would have no right to trade or amend things in any way as I retain the private key (?)
When he is 18 I could fully transfer everything to him legally.