For those of you who helped your kids with the decision to save their money in Bitcoin, or earn Bitcoin, I’m curious how you helped guide them through the feelings and complexities of being “wealthy” as a child.
nostr:npub1acxg0e5emvhju48aqu6ru0c8kczcy932jjseltjxl5t79q8rkl0qan9gne, Bruce Fenton and others have had their kids earn Bitcoin in the past from selling mugs or saving gifts in sats, or other entrepreneurial ventures.
My daughter has been doing that since she was 7.
Now she’s 13 and the bitcoin she’s earned from buying Dogecoin & selling it after Elon Musk pumped it, making a rare pepe and saving family gifts in BTC has appreciated a lot.
Like any kid, she was asking me constantly to buy iPad games for $2-3 each, and I told her she needed to earn some money to buy the iPad games.
As I was working for a crypto fund in 2017, she always saw me looking at crypto charts and she decided she wanted to make money buying coins.
She borrowed $20 from me to start, went leverage long on something she liked the logo of (antshares or something) and immediately got liquidated.
I told her she had to pay the debt off by deleting $20 worth of iPad games. She got upset & gave up on trading.
A week later she was back asking to buy an iPad game, and I told her she still had to earn it. She decided to try again, borrowed another $20 and this time went long dogecoin with only 2X leverage.
The value went up & she “cashed out” enough to buy a couple iPad games.
It was July 2017 and we were on a trip to Portugal. We both forgot about the trade for the rest of the trip.
We didn’t remember to check on the trade again until something like Dec 2017.
The position had gained significantly, and she cashed out ~half to BTC. She didn’t try trading shitcoins again.
She took ~$200 to the local animal shelter and bought food and toys and donated the rest of the cash.
She took ~$200 to the local women’s shelter and bought food & toys and donated cash.
She held on to half the DOGE until Elon pumped it in 2020, when that happened she sold the rest to BTC.
In 2021 she created a counterparty pepe and some nft degen bitcoiner friends helped her get it approved in the first series of Fake Rares.
She used some of her BTC savings to pay for the directory listing fees and counterparty fees to get it approved, and the buzz of a kid getting into the first series causes a bunch of the collectors to buy most of her Pepes pretty quickly.
Some people traded her their Pepe for hers, which she accepted and put for sale on the counterparty market for BTC.
In the end, she earned enough BTC from all of these endeavors to need a hardware wallet & start learning about securing her seed phrase and thinking about the future.
I’m looking for some resources on how to guide her to think about how to deal with having so much savings as a 13 year old, and how to navigate conversations with her friends about it.
Multiple times she’s had friends try to get out of her how much she made, how much she has, etc.
I’ve told her from the beginning, and multiple times a year not to let anyone know specifics, be diplomatic or just even say “I don’t know my dad does that.”
We also went through the whole Tutle Twins series when she was 9-10, she liked that but didn’t want to dig into any of the concepts any more.
I told her how sometimes wealth can be perceived as a negative thing by friends without savings, and she understands that.
She seems to be doing a really good job navigating it - but I’m looking for some resources to help her out.
They love their finance twitter
Will the fundamentals of mathematics 100% not change in the future?
Does mathematics change if we ever find something that goes faster than the speed of light.
There is always uncertainty in my opinion
This pinball was the most fun thing in this room 😂😂
https://video.nostr.build/e3c21e904cb5fe443533a6d9f114e41aa587890dd925ceeafc7be65647a51156.mp4
Haha so great
Certainty doesn’t exist.
Certainty of what happened in the past is constantly proven wrong.
Certainty of what will happen in the future is impossible.
Live as close as you can to the your current moment, it is the closest you will ever get to truth.
The world is headed in this direction. Resist now or suffer in tyranny forever.
https://video.nostr.build/ed59c268dca89b8a259c9c667ef23101de94cd212f1379a96f6b139a2f88541b.mp4
Don’t live in cities…….quit your job if you have to.
Sourdough day 
Honestly I’m just glad there are still a few kids out there who want to be doctors
https://www.zerohedge.com/personal-finance/what-do-us-teens-want-be-when-they-grow
Homesteader
I’d recommend starting at the nostr:npub126ntw5mnermmj0znhjhgdk8lh2af72sm8qfzq48umdlnhaj9kuns3le9ll website/Youtube and nostr:npub1rxysxnjkhrmqd3ey73dp9n5y5yvyzcs64acc9g0k2epcpwwyya4spvhnp8 on YouTube. Also just check YouTube for Start9 related videos. 🤙🏻
Appreciate brother!
Well I’d been interested in nostr:npub126ntw5mnermmj0znhjhgdk8lh2af72sm8qfzq48umdlnhaj9kuns3le9ll before posting about my new project. After getting all the recommendations for Start9, watching the tutorials on transferring LND, etc. I’m fairly certain I’ll be loading up this bad boy with Start9. It will take a while to get setup and I’ll will run as Bitcoin Node only for some time before porting over LND, but should be a fun project for the winter.
GN my friends. Catch you on the flipity flop🤙🏻🫂💤💤💤 nostr:note165yw4ly05upl2m000smzazq3xzpyvwexp77c3egc44lcdpfvmqgqtum0pv
I need to try something like this as well, what tutorial do you recommend?
I agree
I really like this, very thought provoking and I have been leaning towards this way of thinking lately.
I’ll definitely be chewing on this tonight.
Sometimes it’s best to not have an opinion and let your thoughts and prayers be with both sides. At the end of the day the good guys and bad guys both have realities that are too terrible for most of us to imagine during a physical conflict. And I find most the time I can’t what differentiates the good side and the bad side nowadays. Nothing changes until we show peace and sympathy towards all.
I feel it, hard to find a good pair of shorts
Don’t let the ads win