Save you Bitcoin for your (grand) child / children?

[Mr.grin]

Well, I will not be the keeper of bitcoin for children and my grandchildren. although it was a good idea but, I better teach them how to look for bitcoin, than to give it away, because then they can be more independent to produce their own bitcoin. so I will not be the keeper of them bitcoin for now.

[Rizky Aditya]

I don't have any descendants and have zero plans to squirt any out. However I do like the idea of holding some back to leave to my one thousand cats or pet extreme right wing organisation.

By the time I'm properly old we should be into the true deflationary phase and I'll regret everything I ever bought with it back in the day.

Well said, because one day we will surely regret why did we use our Bitcoins when we had the chance to save it but we didn't...
Just like you, I am still single currently but going to get married soon and I think it's better for me to save these coins for my (unborn) children at least so that these might help me to give them a better life in future...

I don't think I will be regretting spending my Bitcoin. I am still saving my fiat as well as some of my Bitcoin. When I grow old, I will have a lot of money so I won't have to rely on pension money.

[Windpower]

I don't have any descendants and have zero plans to squirt any out. However I do like the idea of holding some back to leave to my one thousand cats or pet extreme right wing organisation.

By the time I'm properly old we should be into the true deflationary phase and I'll regret everything I ever bought with it back in the day.

Well said, because one day we will surely regret why did we use our Bitcoins when we had the chance to save it but we didn't...
Just like you, I am still single currently but going to get married soon and I think it's better for me to save these coins for my (unborn) children at least so that these might help me to give them a better life in future...

I don't think I will be regretting spending my Bitcoin. I am still saving my fiat as well as some of my Bitcoin. When I grow old, I will have a lot of money so I won't have to rely on pension money.

Same with me. I earned and invested in Bitcoin. I think that I have the right to spend it. If my children want some Bitcoin, well they can go earn it themselves.

[passwordnow]

Well, I will not be the keeper of bitcoin for children and my grandchildren. although it was a good idea but, I better teach them how to look for bitcoin, than to give it away, because then they can be more independent to produce their own bitcoin. so I will not be the keeper of them bitcoin for now.

Yeah this is a good idea but if you are going to do that for them they will just going to depend on your savings and they are not going to work harder for their own good. That is why I will tell them about good things about bitcoin and I will going to save for them, but I will not going to tell them that I have saved some for them.

[MyBTT]

I don't have any descendants and have zero plans to squirt any out. However I do like the idea of holding some back to leave to my one thousand cats or pet extreme right wing organisation.

By the time I'm properly old we should be into the true deflationary phase and I'll regret everything I ever bought with it back in the day.

Well said, because one day we will surely regret why did we use our Bitcoins when we had the chance to save it but we didn't...
Just like you, I am still single currently but going to get married soon and I think it's better for me to save these coins for my (unborn) children at least so that these might help me to give them a better life in future...

I don't think I will be regretting spending my Bitcoin. I am still saving my fiat as well as some of my Bitcoin. When I grow old, I will have a lot of money so I won't have to rely on pension money.

Same with me. I earned and invested in Bitcoin. I think that I have the right to spend it. If my children want some Bitcoin, well they can go earn it themselves.

You obviously don't have any kids. I'll have you know that having a kid will be the most important decision in your life. Your money will be theirs.

[Carlsen]

I can't say I would want my children to inherit bitcoins from me.
Money, my house, stocks or gold? Yes.
Bitcoins? No.
The time when they get their heritage will be some time far in the future (I hope so at least).
I do not want them to get a bunch of nothing because crazy old dad once had that strange idea of crypto currencies in his head...

[phreaky]

Saving bitcoin for your grand children can be a smart move but also very risky. I'd rather save for your children then grand children depending ofcourse when either one is "expected to be" cause I wouldn't know if bitcoin is still alive in let's say 20 years so that's a risk you have to take.

[drwtsn32]

Saving bitcoin for your grand children can be a smart move but also very risky. I'd rather save for your children then grand children depending ofcourse when either one is "expected to be" cause I wouldn't know if bitcoin is still alive in let's say 20 years so that's a risk you have to take.

Of course you're not gonna save and then let the coins be in your wallet for years, you will get to monitor it and then know if bitcoin or an altcoin is taking place. If an altcoin, of course you're gonna have to transfer your wealth there.

[arimamib]

I am earning it for me and my family, I am single at a moment and never thought of saving it for my grand child as may be at that time bitcoin would be replaced by some other currency.

you have to think to the future, what if later you teach your son also seek bitcoin .. it was definitely a fun thing ..

[Altcoinsupporter]

Saving for a very long time for another person might be risky cause if that person isn't even born yet and you still have to wait 18 years after they are born then bitcoin might be already dead.
Unless you manage it for them ofcourse then it's a good option to do cause you could sell if needed.

[dunfida]

Saving for a very long time for another person might be risky cause if that person isn't even born yet and you still have to wait 18 years after they are born then bitcoin might be already dead.
Unless you manage it for them ofcourse then it's a good option to do cause you could sell if needed.

It would be  risky  since we dont  know  what would be  the track or development of  bitcoin  in running  years  to come and you were right  if bitcoin would be dead that  time  then  you r hard earned and saved  bitcoin would  be  useless and  cant be used by your future  grandsons and children.

[dearbesz1219]

Bitcoin is a long term project. Therefore it makes sense to save small parts over a long horizon. Do you save Bitcoins for your (grand) child or children?

For those who do not have (grand) children (yet), would you save Bitcoin for them if you would have (grand) children?

Well, I do believe bitcoin is a long term project. In fact, your statement was a good idea actually. Savings bitcoin for the children/grandchild is awesome advice or opinion of yours. I think many of the member here will do what you said including myself, even it is a small amount of satoshi its for the future fund for my child or grand child.

[Xenophoto]

Saving for a very long time for another person might be risky cause if that person isn't even born yet and you still have to wait 18 years after they are born then bitcoin might be already dead.
Unless you manage it for them ofcourse then it's a good option to do cause you could sell if needed.

Not sure why would you need to wait 18 years when you can still secure it while you're still alive. You can make it as a "last will" to your kids/grandchildren. You don't have to wait 18 years because I'm pretty sure you're still alive while they are at that age. You just have to continue doing what you're doing with Bitcoins if possible so that they will have more Bitcoins to use in the future. But yes, 18 years is such a long time and Bitcoin could either be dead or skyrocketed at that time.

[secdark]

Bitcoin is a long term project. Therefore it makes sense to save small parts over a long horizon. Do you save Bitcoins for your (grand) child or children?

For those who do not have (grand) children (yet), would you save Bitcoin for them if you would have (grand) children?

thou I have no children yet,bitcoin serves as my investment in my future life.
For my own experience, bitcoin helps a lot, maybe it is not yet known in many people but bitcoin is very good.
It is one of my treasure that i will give to my future children.

[Lorik]

All that man does his whole life is directed not only to himself, but also for children. Of course, I will work in the future to all my bitcoin preserved for my children.

[Bitcoinsummoner]

All that man does his whole life is directed not only to himself, but also for children. Of course, I will work in the future to all my bitcoin preserved for my children.

You are lucky that you still saving more bitcoins for your children. To me i just earning bitcoins saving too and spend some for my 3 children.. honestly the life right now is hard to live with your family and you are the only father that has job so extra income is a good idea to increase the finance of your family.. because my job salary is not enough to live i have 2 children in school and 1 is baby..

[PokerFace3]

It depends on what  kind of person we are, some  are not sensible enough to   think of these things   because they  dont  mind    regarding  on their  grandchildrens  because they are thinking  to theirselves  which they like to make  benefit on bitcoin they have and dont intend to share. lol

There may be someone who will not think like that or who will not have anything to save for their grand children but most people do think and keep all of their wealth for their descendants so that they will have a better life and they will not miss them with love and pray for them. Making them to miss such a big opportunity may become one of our life's mistakes.

[ivanst776]

Bitcoin is a long term project. Therefore it makes sense to save small parts over a long horizon. Do you save Bitcoins for your (grand) child or children?

For those who do not have (grand) children (yet), would you save Bitcoin for them if you would have (grand) children?

I haven't thought about this ever because I didn't wanted to make long-term plans especially for 100+ years plans.

Maybe the amount of bitcoin is not much important when you don't have a large amount to save for grandchildren.

But in the near future I may save only 1 bitcoin for them with a hope that after many decades the price of bitcoin will be much higher than now.

[takingthis4]

It depends on what  kind of person we are, some  are not sensible enough to   think of these things   because they  dont  mind    regarding  on their  grandchildrens  because they are thinking  to theirselves  which they like to make  benefit on bitcoin they have and dont intend to share. lol

There may be someone who will not think like that or who will not have anything to save for their grand children but most people do think and keep all of their wealth for their descendants so that they will have a better life and they will not miss them with love and pray for them. Making them to miss such a big opportunity may become one of our life's mistakes.

i think there is actually no need to save bitcoins for grandchildren because it might be not used by then

[lister storm]

It depends on what  kind of person we are, some  are not sensible enough to   think of these things   because they  dont  mind    regarding  on their  grandchildrens  because they are thinking  to theirselves  which they like to make  benefit on bitcoin they have and dont intend to share. lol

There may be someone who will not think like that or who will not have anything to save for their grand children but most people do think and keep all of their wealth for their descendants so that they will have a better life and they will not miss them with love and pray for them. Making them to miss such a big opportunity may become one of our life's mistakes.

i think there is actually no need to save bitcoins for grandchildren because it might be not used by then

well but it would be a great investment for them in my opinion to save it for the children