Post
Topic
Board Beginners & Help
Re: Is age a limitation in Bitcoin
by
Gallar
on 08/04/2024, 15:01:31 UTC
Hi there to all of you. One of the most amazing things I've noticed about Bitcoin is that it doesn't have an age requirement before using it or creating a wallet. In traditional banking, however, one must be 16 or older to open an account, unless they have assistance from a guide who helped them do so. Additionally, no matter how young you are, no one can question you about how you make money because no one keeps an eye on your wallet.
Yes, the average requirement for someone to be able to open a bank account must be 16 years or older. Even in the country where I live, the age requirement to be able to create a bank account is 17 years. As far as I know, this rule is enforced because when creating a bank account there is an agreement that must be fully understood by the customer. So the bank considers that someone under 17 years of age does not have the right to create a bank account.

But bitcoin is very different from the banking system. In Bitcoin, anyone with the technology (phone, laptop, or computer) can create a wallet. This makes bitcoin a very friendly asset for all ages. Plus, as you say, if we owned bitcoin, no one would question where the money we got to buy it came from. So this bitcoin system is very good and probably almost perfect. Because apart from the aspect of not having an age limit, Bitcoin also has advantages in other aspects, such as

  • Our privacy is well maintained.
  • Ease of carrying the treasures we have wherever we go.
  • The value or price continues to increase every cycle (4 years).

So with all these advantages, maybe in the future Bitcoin will be the most popular choice for many people.