It's a good thing if your kids decide to venture into BTC and blockchain, but as a parent always make sure you monitor them just to be sure that they are doing what they claimed to be doing online.
Kids nowadays are more into technology for sure but we all know how they can be exposed to the wrong things too, I talked to one yesterday because his father asked me to, his father told me that he knows about web3 very well and he is making money off it, the suspicion came later when his father called and told me that his son lost some BTC on Bybit exchange.
I called for the son and he came, his father isn't there with us and he changed the topic, he claimed that after he sent the BTC to his friends Bybit account, the exchange seized the BTC.
To cut this short, the BTC was stolen, this boy doesn't even know anything about JAVA Script, front end or even how to build a website, he was feeding his father wrong information.
I grabbed his iPhone and noticed that he has been defrauding people online through onlyfans stolen identities, he tried to hide it at first, thinking I don't know much about technology like his old man, later he asked me not to expose him to his father.
This boy and his friend choose to rob people online and he is only 18 years old, he knows BTC by fraud but they are foolish enough not to know that BTC is traceable, since Bybit is on this case already I am expecting an arrest on his friend or even him later, unless Bybit choose not to push this further, maybe because the BTC is just $2000
I wish I couldn't but his father his my uncle, we are related, how will the son even change? This was what came to my mind, I have a son too and I don't want him to be on this same path, I talked to him and I use my story about I ended up with Bitcoin online and also how my father was there to support me before he passed away and I later told his father not to scold him for lying to him, instead he should start advising him the right way.
What broke my heart was how sad his father was when I told him, he said he trusted the son the most.
We cant be perfect and we do commit out those mistakes but we do know that there's always a solid reason on why a certain person would be dealing up something illegal or non-ethical despite that being guided with their parents on the right way but still there would be those tendencies that these kids will be ending up on dealing into something which isnt that good. The best thing you have done is that you have told the kid and didnt tolerate out the mistake and letting know your uncle about it. Its better to bust it up early while things becomes that more messy as it do goes ahead. There would be those external things that could be the reason that influence you out on doing things even if its not right anymore.
We do know that when it comes into overall utility and usage of crypto then it isnt just that exempted for good utility but also it could be used into other means like something about some fraud or illegal things on which someone could be that definitely be having that kind of involvement and as a parent then we cant anytime having that kind of monitoring into our kids on which simply means that we might be able to skip out some things on which our kids been that doing. This isnt just that limited on crypto but also in other things as well. It wouldnt be that totally be all blamed into the parents if ever their kids commit out something because we do have our own mind when it comes on dealing into something whether its good or bad but still decision making will be that totally having that independent approach and of course it will be that being still depending whether they will be that taking up decisions about engaging into something. Curiosity does play a major role and on the time that you've seen that you can make serious amount of money then it will be that the determining factor whether you would be staying up on the same situation as long you do make money then you wont be caring about being ethical or not.