Few Questions I would like to get you own input on
Is buying Bitcoin or cryptocurrency good for Kids?
How do you teach a kid to secure Bitcoin in case you are not there?
Should authorities or agencies place age restriction on owning Bitcoin?
1- I don't think buying Bitcoin is suitable for kids who are still in the early years of their lives and whose cognitive processes lack awareness, consciousness, and the ability to maintain a sequence of thoughts in their minds. Those who buy Bitcoin should be adults, mentally open, and equipped with sufficient experience and necessary information to secure their own Bitcoin.
2- It doesn't seem prudent to have my Bitcoin holdings in the possession of my kid, and he is the one securing it in my absence. This task can only be entrusted to another mature and trustworthy person, preferably from my family circle. My child can take on this responsibility when he acquires greater awareness and matures. I attempt to teach him through simplified methods that align with his cognitive and understanding abilities.
3- Bitcoin is a decentralized currency with no authorities that can control the Bitcoins you hold or know whether you are a child or an adult. In addition, this is the sole responsibility of the parents.