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

[Hugroll]

i dont really have that many bitcoins yet, but if the price does go up exponentially over the future years, ill probably end up saving my coins to pass on to the next generation. unless i go broke ofcourse. 

[8Habits]

i dont really have that many bitcoins yet, but if the price does go up exponentially over the future years, ill probably end up saving my coins to pass on to the next generation. unless i go broke ofcourse. 

Right, bitcoins has a lot of potential because of its good feature and convenience. Saving them for your grandchildren is a bit too long but really worth doing. Just make it sure that you evenly distribute it to them in case you will have a bunch of grandkids If you really want to and decide with cull conviction, then you will really find a ways not to go broke

[springgers]

I think at the time of our son/grandson bottom and c other cryptocurrency would be known by everyone and it would be common money for many. but if we save now then after 10 to 40 years they would be very happy to get those digital asset and may be at that time 1btc would worth more than $5000 which is now about 10% of the price.

Everything is possible really.
I really wish and hope that very soon Bitcoin will become mainstream and main standard for online payments, and replace Paypal from throne.
Of course, such scenario will not happen overnight but in next 10 to 20 years is very realistic goal.
In such case, value of BTC will increase a lot and if we save some bTC funds now, it can rally have much bigger value later and help our children and grandchildren.
Can you imagine, to buy let's say 10 bTC now for $6 000 and save for your grandchildren later, when value of BTC can reach $ 5000 or more? Your descendants will be eternally grateful to you

I don't know, maybe they will just spend it all in one day.

Btw you can invest this money in others things and got a better effect, and well, never bet everything on Bitcoin, it can fall someday.

[madwica]

We do not know until when bitcoin exist it will always unstable, i think it is much better to save in the bank than in bitcoin, the bank account will be named in your grand child/ children. it much safe than investing in bitcoin.

[shinratensei_]

We do not know until when bitcoin exist it will always unstable, i think it is much better to save in the bank than in bitcoin, the bank account will be named in your grand child/ children. it much safe than investing in bitcoin.

Too fast for think about that, and are you already have a wife? i guess if the answer is yes will be correct things about that but if you don't have too fast for think about that and your is still a long man.

[drwtsn32]

Of course. Who doesn't want to invest. Bitcoin is awesome. For me it is stable and will go a long way.
I'm not sure though if my grandchildren would ever need my bitcoins since I'll make sure that I'm rich before getting a wife. 

[Lokfar]

It could be a good idea to set aside a small amount for grandchildren. They may benefit from the gain in value more then we will or even our children will. I'm setting some aside anyway whether it's for me later or to pass on.

That is a good idea and I think that I am also going to do that and teach them a bit about Bitcoin if they are interested.
If they are not interested then I will not because I do not want to force them on using it.

[Senor.Bla]

It could be a good idea to set aside a small amount for grandchildren. They may benefit from the gain in value more then we will or even our children will. I'm setting some aside anyway whether it's for me later or to pass on.

That is a good idea and I think that I am also going to do that and teach them a bit about Bitcoin if they are interested.
If they are not interested then I will not because I do not want to force them on using it.

you could still do it. primarily people want their children to have a go life and some money. so if you leave them some bitcoins and if they are worth something they will figure it out when the time comes. worst thing would probably be that they immediately convert it to fiat. in that case i guess you could leave them also some money, but the idea behind this whole thing is that the value of bitcoin is expected to go way up.

[mirakal]

I hope I can do this, I have children and maybe I will plan to save for them but the idea now is I will be saving in fiat instead of bitcoin. Seems like it is a long wait before they will take the benefits and nobody knows the future of bitcoin, my worry is what if it will collapse when I had save much already.

[canah17]

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?

Yes! I would save bitcoin for them, so if they have a future problem about money its no big deal or their schooling i would pay for them in bitcoin if the school will accept bitcoin as tax in the near future i really predict that bitcoin will conquer the future because many have praised the internet its a great idea to start with that creation like the bitcoin its very useful to the future children they will renew the bitcoin or they will earn bitcoin as a salary and my savings in bitcoin they will use it for their families or their business and help them with their daily life i would save up as many as i can so that they will never forget me for i am the generous grandfather to them

[lionheart78]

i am not thing for such a long time. every one has their own fate, i am earning money for my self and no doubt for my children but it is not the aim of my life, i like to earn and lead a standard life with my family but not earning money to keep safe for my grand sons.

I get your point, why to worry the things out of sight when you have a handful of things to worry in front of you.  Our grandson's future is not our responsibility but our child.  It would be easier for them if we can make our standard of a living upgrade. Give them a decent education and support their goal in life so our children will be productive and wise to be able to improve their kind of living when it is their turn.  

[prtty2gal2]

I hope I can do this, I have children and maybe I will plan to save for them but the idea now is I will be saving in fiat instead of bitcoin. Seems like it is a long wait before they will take the benefits and nobody knows the future of bitcoin, my worry is what if it will collapse when I had save much already.

You never need to worry about the future of bitcoin system as bitcoin will survivea as long as this earth will do. Saving bitcoins for our children and grandchildren definitely would make them millionaires in my opinion. Because, the growth of bitcoin will be unlimited in upcoming years like after 10 or 20 years. So, in order to get them a better life, we should save bitcoins for them.

[jacafbiz]

I don't think Bitcoin will carry this kind of influence when their time come, just look at the trend over the years, I have discovered that there is time for everything, the best thing is to educate them on how to make good decision in life and be able to spot opportunities around them

[bravehearth0319]

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?

Yes it is true that bitcoin is a long term project. That's many people are doing keeping their bitcoin for the future. And its nothing to loose if save something to our child or grandchild. It was a good idea actually if we do this. So I am definitely do this to save just for the sake of my child and grandchildren.

[RoommateAgreement]

I don't think Bitcoin will carry this kind of influence when their time come, just look at the trend over the years, I have discovered that there is time for everything, the best thing is to educate them on how to make good decision in life and be able to spot opportunities around them

in a couple of years bitcoin will stop being this volatile and will become more stable and price of it will rise a lot because of the adoption. and in the far future it will be the coin of the world so keeping bitcoin for that time is a wise thing to do.

[Altynbekova]

Maybe that I am going to do it but I am not sure about that because first I want to see what I am going to be able to make with Bitcoin.
If I see that I can make enough and I am doing good with Bitcoin then of course I will save some for them.

[noictib]

Maybe that I am going to do it but I am not sure about that because first I want to see what I am going to be able to make with Bitcoin.
If I see that I can make enough and I am doing good with Bitcoin then of course I will save some for them.

you said true , but  i had now strated alredy since the post start . now i have saved about 0.019btc which is not less for per week profit payout .

[Oralmat]

Maybe that I am going to do it but I am not sure about that because first I want to see what I am going to be able to make with Bitcoin.
If I see that I can make enough and I am doing good with Bitcoin then of course I will save some for them.

Well, it depend on time, if bitcoin live a long life, than definitely we should safe the bitcoins for our new generation, because bitcoin is a good thing especially for online earning wise, and bitcoin make our life easy and give us facilities, So i think we  should recommend bitcoin for our new generation. 

[subhiii]

Oh i cannot think about saving bitcoins for my grand childs,i dont have enough bitcoins for myself right now and dont know after many years what will happen in bitcoin,so i am only living in present.

[mace15]

In my opinion, this is a good idea that somehow we save
bitcoin for our future, for our grand children. Bitcoin actually
helps a lot to any users because this gives an extra income
to anyone.