Post
Topic
Board Bitcoin Discussion
Re: Get Bitcoin Holdings for your child from infant.
by
Odusko
on 29/01/2023, 10:23:55 UTC


This is a very good idea, instead of us saving with a bank account with a low-interest rate, save with bitcoin. We will have a better chance to earn bigger profits when our children grow up, we will be able to give them more wealth if we save in bitcoin. But bitcoin is still a pretty risky asset so it still needs to be carefully calculated in case bitcoin disappears in the future.
So I was in the bank the other day and enquiring how I can open a saving account for my👶 infant child  🧒 and the bank official gave me some conditions that I was not ok with and they based the condition on the fact that my child does not have a national id since she is under age putting a long period of only deposits no withdrawal and a low-interest rate.
This got me discouraged and I just bought Bitcoin with the money and held it for her till she is mature enough to control her wallet and securities.
Bitcoin is the best store of value for the future and our kids need to have savings in that future.