Several times in this thread, and maybe some of the related threads, we have observed that there are likely a lot of people (especially rich people) who have a lot of various resources, including that they may well have friends and family that would bail them out of short-term cashflow situations.. such as.. this might be dad or mom.. :
"0h shit, son.. you invested in bitcoin on the dip and you don't have enough money in the bank to cover your rent, car payments or to go on your planned trip to Hawaii for the upcoming weekend.. . no problem.. .. sure, I wished that you had some better cashflow management skills, but that is not a problem and you can just figure all of that later. ... in the meantime, here is a $20k loan.. .. just pay me back whenever you get your cashflow situation back in order" .. .
In these kinds of rich people situations, the $20k "loan" may not even need to get paid back. .and the son might even have some.. other back up ways to get money in case dad or mom did not bail him out.
I agree with you on this, there are some parents that are stinkingly rich to the point that even if they give their children inform of a loan to pay back sometimes they might not even remember again and even if they remembered sometimes they won't ask for it back because they have enough already. But a good child will always make use of that money very so should in case of next time they will still give him or her.
This depends on the parents though because not all parents can easily give out loan to their children without enough information on what they want to use the money for. Unless the child will have to lie about it which is not good, some parents would still insist on knowing what the loan is for. I think it will be better to convince the parents on the prospect of bitcoin and while they have to render the support, this may even get the parents to invest in bitcoin, an investment they will be happy and proud of their son in a couple of years to come. If I have rich parents, there is no way I will not discuss investing in bitcoin with them, we can even do that as joint investment for the family or I team up with my sisters to convince my mum first for a joint family investment in bitcoin. Good thing we have many big organizations and governments investing in bitcoin now, that will make the explanation easier and fruitful.