Wow, I can't believe it. While reading the article and seeing the address, look on how much the baby collected at all. 1 BTC and counting in total as of the moment and it keeps on going.
But using a baby for donation to her college fund, what's her parents do? it wasn't indicated the source of living that her parents do. It will be imitated by others who are pregnant right now, what will be the next reason to fund for their 'bitcoin baby'?
It is interesting because there is no real way of confirming the birth is in fact "real" (unless you otherwise know the parents).
Another issue is this story has gone semi-viral, and it is difficult to know for sure the correct donation address if you wish to donate because it is so easy for 3rd party news sites to forge the donation address of the ad.
I agree. Apart from knowing if the baby is really born or if this is really a cheap gimmick, do we really want to fund baby's future (education, health expenses etc.) in bitcoin?
To be realistic, we don't really know what is bitcoin (or for that matter any crypto) really worth 15 years down the line? This is still a technology in its infancy trying to find its feet. Most of us did not envisage meltdown of cyptos in 2018. I have been following this field for 3 years now and been in this umbrella industry for more than 20 years.
Unless any technology is widely accepted and more importantly properly regulated (which we are still far off in most of the world), there is no way it is going to find a wider acceptance. We may hear of some good news here and there, but wider acceptance will take time.
Wish the newly born a great success & future ahead... Thanks
