nostr:npub1cashappn03s3cl2ljsdntv0v28e2um5lgx4vjctqjt23pcwzjhsqmtdg5l
Was excited to onboard and "sponsor" my childs CashApp account, thought it would be a nifty blend of being able to spend, send, receive ₿itcoin and have links to be able to pay in a variety of places.
Make it make sense...
nostr:npub1felyu03mh8xdszx927cyvgyf9yp83feyyug4505aa8cma5t6g9vql86w95
nostr:npub1zvrwm4n0rk3hftwyzl8csjaulatuvwvk2c3kc8u89mssgq7qrvks5zvf63
nostr:npub1sdnq9yr3kwzaauhylwty6ttnum6zgcf34s0lwcythjcew8zss8fqlm45zq
nostr:npub1xpaw32f6ctrhl2f23s84gkj5p2q5xqc7n787jq8v8lrwwwv52qfspm9ssm
nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m
₿Itcoin is for everyone, even those under 18, ESPECIALLY with parent consent/sponsorship.
That's interesting. Highly suspect this is some gov banking reg. I haven't checked but I bet Strike has the same rules.
Might I suggest a self custody wallet and you the parent sell / give bitcoin to your children. Don't KYC them.
Checkout Zeus wallet
of course, but kids also want to SPEND. Don't think there's another way, except perhaps Cake Wallet and teaching them to buy gift cards on the spot, but that's not IT, lol.
Doesn't make sense they can buy bitcoin, but not withdraw it for 5 years...? with their restrictions, my kid would be stuck on their platform for who knows how long.
Honestly, it's like restricting cash. I give my kid $10 for lunch in cash, I actually don't know where is REALLY went, is that the worry with bitcoin?
That's what I'm saying. With Zeus they can spend. Have them download the bitcoin company app. Then they can buy gift cards as you stated but in a private way. All I'm saying is you can be their bank. Give them a real wallet.
I'm guessing you haven't open bank accounts for minors? What I'm trying to say is bitcoin fixes this. Cash.app really has little choice but to follow their overlords rules.
