Global Feed Post Login
Replying to Avatar gladstein

Someone just sent me this as a DM

Beautiful! And true. The others will find their way ✌️

“I use Primal as a #bitcoin wallet for my 10-year-old son. He’s too young to sign up for Strike (or any KYC platform). He’s too young to open a bank account. He’s not interested in paper money. He wants digital money so he can buy game stuff online. I pay him his allowance in bitcoin to his Primal account. He doesn’t have to send me an invoice, I just zap him $50 or whatever. Then if he wants to spend on a game, he can request a purchase through the apple App Store, i get a notification first from apple, then i get a notification from Strike saying that he zapped me $5 to cover the cost of the purchase. It’s perfect for someone his age. I couldn’t do this with cash app, PayPal, a credit card, a bank account. NOSTR + Bitcoin is the future. Some of us are living here now. The others will find their way.”

Avatar
ShiShi21m 1y ago

Would be wiser to send him On-Chain Bitcoins so he can learn about fees.

Good primer to taxation in a way & low time preference.

Reply to this note

Please Login to reply.

Discussion

Avatar
almost⚡️heaven 1y ago

I have some on-chain #bitcoin for him, but I have that in cold storage. This bitcoin is just for small transactions, so that’s why i leave it on Lightning.

Thread collapsed