Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: Jemzx00 on February 15, 2016, 04:09:57 PM



Title: Why do Bitcoin Wallet has an age limit? (18yrs. old ++)
Post by: Jemzx00 on February 15, 2016, 04:09:57 PM
Since bitcoin is just a money why does bitcoin wallet sites has an age limit of 18 years old before creating one?? Does having a money has an age limit?? And since online sites can't even detect people who's 18 below , why do they even bothered it ??


Title: Re: Why do Bitcoin Wallet has an age limit? (18yrs. old ++)
Post by: Lauda on February 15, 2016, 04:14:49 PM
Does having a money has an age limit??
This has nothing to do with Bitcoin. Services can put up any age limit as they choose to. Nobody is forcing you to use their service either. Bitcoin was designed in a way where you are supposed to be your own bank. You're trusting a third party when you're using a web wallet. However, I'd like you to list a few examples. I want to see them myself.


Title: Re: Why do Bitcoin Wallet has an age limit? (18yrs. old ++)
Post by: Mickeyb on February 15, 2016, 04:15:53 PM
Just use Bitcoin core, or alternative clients. Not insecure services that hold your private key, and essentially your BTCs


Title: Re: Why do Bitcoin Wallet has an age limit? (18yrs. old ++)
Post by: quentincole32 on February 15, 2016, 04:20:50 PM
Since bitcoin is just a money why does bitcoin wallet sites has an age limit of 18 years old before creating one?? Does having a money has an age limit?? And since online sites can't even detect people who's 18 below , why do they even bothered it ??
What wallet did you trying to create? Afaik blockchain web wallet did not applying age limit to their users so you can create it one without worry how old are you.
You just simply to choose the wallet service that didn't set an age limit , however it's just the matter of policies.


Title: Re: Why do Bitcoin Wallet has an age limit? (18yrs. old ++)
Post by: krunox123 on February 15, 2016, 04:21:08 PM
This is the same question to why credit/debit card has age limit.
But, AFAIK, everyone can use Bitcoin because Bitcoin has no age limit no matter if you are below 18 or are not born yet.


Title: Re: Why do Bitcoin Wallet has an age limit? (18yrs. old ++)
Post by: RariBest on February 15, 2016, 04:23:14 PM
just download electrum, you own your private eys and you don't need to be 18+


Title: Re: Why do Bitcoin Wallet has an age limit? (18yrs. old ++)
Post by: jk888 on February 15, 2016, 04:25:05 PM
Bitcoin Core does not have an age limit as far as I know and most bitcoin if not all bitcoin wallets do not even ask for your age, Blockchain.info does not ask too, Some sites like coinbase and online casinos ask but they are not even wallets but exchanges/gambling sites.


Title: Re: Why do Bitcoin Wallet has an age limit? (18yrs. old ++)
Post by: xhomerx10 on February 15, 2016, 04:25:54 PM
Since bitcoin is just a money why does bitcoin wallet sites has an age limit of 18 years old before creating one?? Does having a money has an age limit?? And since online sites can't even detect people who's 18 below , why do they even bothered it ??

 In most cases, you have to agree to terms of service but in most countries, your agreement is not binding under the age of 18.  Also, in most countries, youths are not held to law in the same manner as adults so these online companies are protecting themselves with this requirement.  It pertains to legal recourse.
    


Title: Re: Why do Bitcoin Wallet has an age limit? (18yrs. old ++)
Post by: commandrix on February 15, 2016, 04:27:55 PM
Just download the wallet. There's no age limit when it comes to having a Bitcoin wallet on your own computer or mobile device. You can download the wallet of your choice here. (https://bitcoin.org/en/choose-your-wallet) I recommend Bitcoin Core.


Title: Re: Why do Bitcoin Wallet has an age limit? (18yrs. old ++)
Post by: M83 on February 15, 2016, 04:29:24 PM
Since bitcoin is just a money why does bitcoin wallet sites has an age limit of 18 years old before creating one?? Does having a money has an age limit?? And since online sites can't even detect people who's 18 below , why do they even bothered it ??

What wallets say you have to be 18? Are you talking about exchanges? It's understandable you have to be 18 to use them as pretty much most places you have to be an adult to use such services dealing with the exchange of money. Trading could even be seen as gambling but either way it's definitely not something kids should be doing. Regardless you can still use many wallets like the main bitcoin one, electrum or blockchain.info etc without any problems so look at alternatives.


Title: Re: Why do Bitcoin Wallet has an age limit? (18yrs. old ++)
Post by: ShrykeZ on February 15, 2016, 04:29:39 PM
This is probably down to the wallet you selected, I do not recall Bitcoin Core ever having an age restriction.


Title: Re: Why do Bitcoin Wallet has an age limit? (18yrs. old ++)
Post by: gio3442 on February 15, 2016, 04:30:37 PM
Many people here are or were underage. IIRC Theymos was around 18 when he started using bitcoin.


Title: Re: Why do Bitcoin Wallet has an age limit? (18yrs. old ++)
Post by: Greenenergy on February 15, 2016, 04:33:05 PM
I think this is because there is some shady terms in their Terms of Service, like if you their take your coins you can't attach them, and if you're younger than 18 years old, your signature would have no value.


Title: Re: Why do Bitcoin Wallet has an age limit? (18yrs. old ++)
Post by: LFC_Bitcoin on February 15, 2016, 04:47:00 PM
OP is probably talking about wallets on online exchanges that ask for ID to verify the account for trading.


Title: Re: Why do Bitcoin Wallet has an age limit? (18yrs. old ++)
Post by: franky1 on February 15, 2016, 08:15:27 PM
Since bitcoin is just a money why does bitcoin wallet sites has an age limit of 18 years old before creating one?? Does having a money has an age limit?? And since online sites can't even detect people who's 18 below , why do they even bothered it ??

websites do it because for certain contracts people need to be of a legal age to consent and agree to that services terms.

remember bitcoin is not a website. jst like a bank note is not a website. but as soon as you start using third party services that manage funds on your behalf. you have to give them consent and allow them to not be blamed due to outside events not in their control.

the reason why they even bother asking. is to protect themselves. and if it ends up the customer lied, then thats a breach of contract, which also protects the business


Title: Re: Why do Bitcoin Wallet has an age limit? (18yrs. old ++)
Post by: Raimonn on February 15, 2016, 09:39:18 PM
I suppose that this limit is from companies that provide online wallets or exchanges, it could be to protect them from local government laws. For example you can make a paper wallet without any limit on your age. I never see this limit on wallets that i used, but could be written on user agreements and i didn't read all the legal text.


Title: Re: Why do Bitcoin Wallet has an age limit? (18yrs. old ++)
Post by: Karpeles on February 15, 2016, 09:44:53 PM
What wallet are you using?
Online wallets doesn't require ID.

Usually exchanges have such restriction, probably for legal reasons


Title: Re: Why do Bitcoin Wallet has an age limit? (18yrs. old ++)
Post by: gentlemand on February 15, 2016, 10:13:13 PM
Because Bitcoin is for buying drugs, guns, burger shots and assassinations. That's customarily adult territory but probably not for much longer.


Title: Re: Why do Bitcoin Wallet has an age limit? (18yrs. old ++)
Post by: upsidedown75 on February 17, 2016, 08:15:06 AM
I too think having an age restriction is better. Because the bitcoin is money and the services related to money has an age limit of 18, like a bank account which is only for 18, the reason is that kids cannot handle, their financial affairs it is always the elders who have the right to handle their property and financial affairs.


Title: Re: Why do Bitcoin Wallet has an age limit? (18yrs. old ++)
Post by: 7788bitcoin on February 17, 2016, 08:55:34 AM
You can use the phone's or PC wallets... They don't check your age... But buying through exchanges definitely needs more information as part of the "know-your-customers" policies...


Title: Re: Why do Bitcoin Wallet has an age limit? (18yrs. old ++)
Post by: DimensionZ on February 17, 2016, 09:08:46 AM
The age restrictions are probably imposed due to the laws for juveniles in some countries but personally I haven't seen such restrictions myself on the wallets I have used.


Title: Re: Why do Bitcoin Wallet has an age limit? (18yrs. old ++)
Post by: the_poet on February 17, 2016, 12:18:40 PM
Since bitcoin is just a money why does bitcoin wallet sites has an age limit of 18 years old before creating one?? Does having a money has an age limit?? And since online sites can't even detect people who's 18 below , why do they even bothered it ??

Why trust a third-party when you can trust yourself? Get a wallet like Core or Electrum and you can even be 8 if you know how to use it.


Title: Re: Why do Bitcoin Wallet has an age limit? (18yrs. old ++)
Post by: Slark on February 17, 2016, 12:22:59 PM
If you read closely Terms of Agreement of various not bitcoin related services and products (like some games, online social media services and more).
You will see that some of them requires you to be over legal age too. But this law is not respected and in reality everyone even small kids can use these services freely.



Title: Re: Why do Bitcoin Wallet has an age limit? (18yrs. old ++)
Post by: nanonymousx on February 17, 2016, 01:29:37 PM
That's not a bitcoin wallet, This is a gambling site or a broker that has some age limits or restrictions. No wallet like electrum or even blockchain.info ask for this kind of details.


Title: Re: Why do Bitcoin Wallet has an age limit? (18yrs. old ++)
Post by: pereira4 on February 17, 2016, 02:11:15 PM
Because they have to comply with legal laws and all that crap, but it's useless and pointless since anyone of any age can download Core wallet and start sending and receiving payments without no authorization of anyone, so they are trying to stop something that's unstoppable by design, let them waste their time while we improve the software.


Title: Re: Why do Bitcoin Wallet has an age limit? (18yrs. old ++)
Post by: btcltccoins on February 17, 2016, 03:50:41 PM
For the online wallets, there is nothing like 18+ age for bitcoins wallet. You just have to create the account and thats it. You got the wallet. Even if some sites asks you to check that you are 18, you can just say  , yes.. I havent seen any site as yet like this.


Title: Re: Why do Bitcoin Wallet has an age limit? (18yrs. old ++)
Post by: Kprawn on February 17, 2016, 04:00:53 PM
Third party services needs to adhere to KYC and AML regulations... so you probably chose a service that needs verification. These services might also

want to expand into offering credit facilities and this might be a problem in the future. The Bitcoin protocol has no age verification and there are other

services out there, where you do not need to verify your age to use it. Just opt for one of those services. www.blockchain.info for example. 


Title: Re: Why do Bitcoin Wallet has an age limit? (18yrs. old ++)
Post by: xdrpx on February 17, 2016, 04:35:20 PM
I don't think Bitcoin Wallets have any kind of age limit, actually there could be web wallets having regulatory rules thus having to collect know your customer requirement documents. Most of the time these are required for exchanging Bitcoins with fiat and vice versa. But honestly, I haven't seen an 18+ requirement on Bitcoin wallets. You could teach children or even your kids( if you have any) to setup a Bitcoin wallet.


Title: Re: Why do Bitcoin Wallet has an age limit? (18yrs. old ++)
Post by: EdenHazard on February 17, 2016, 06:39:00 PM
Since bitcoin is just a money why does bitcoin wallet sites has an age limit of 18 years old before creating one?? Does having a money has an age limit?? And since online sites can't even detect people who's 18 below , why do they even bothered it ??
this is about money,about finance,i think people know it,in some country all finance problem and rules also have that age limit,and i think people under 18 years old have not stable emotion.


Title: Re: Why do Bitcoin Wallet has an age limit? (18yrs. old ++)
Post by: neonshium on February 18, 2016, 08:09:28 AM
This is the same question to why credit/debit card has age limit.
But, AFAIK, everyone can use Bitcoin because Bitcoin has no age limit no matter if you are below 18 or are not born yet.
Yes, the credits cards the banks and all other money related accounts require 18 plus for to enter. As it is by the law that only 18 plus has that rights relating to money. And bitcoin is also a real money not a toy that everyone can have it even kids.


Title: Re: Why do Bitcoin Wallet has an age limit? (18yrs. old ++)
Post by: ViceOfBTC21 on August 13, 2017, 03:17:07 PM
Since bitcoin is just a money why does bitcoin wallet sites has an age limit of 18 years old before creating one?? Does having a money has an age limit?? And since online sites can't even detect people who's 18 below , why do they even bothered it ??

Why trust a third-party when you can trust yourself? Get a wallet like Core or Electrum and you can even be 8 if you know how to use it.


I was 13 at 2012 and I regret I didn't joined Bitcoin before. I was extremely scared about risking my parent's house, job and their money and didn't knew how to set up Tor.


Title: Re: Why do Bitcoin Wallet has an age limit? (18yrs. old ++)
Post by: harbin55 on September 29, 2017, 05:43:17 AM
This is the same question to why credit/debit card has age limit.
But, AFAIK, everyone can use Bitcoin because Bitcoin has no age limit no matter if you are below 18 or are not born yet.

well said sir make my day!!!

like a newborn child can crate a account ^_^