I don’t think kids should be given big gifts- your gift to them is to show them how to work and save their own sats

Stay humble, stack sats. I believe we need to stay humble. So first off, relationship and knowledge are far more important than bitcoin. Any of us can die at any moment so don't kid yourself. Teach your kids about bitcoin and how to use it. Help them set up wallets. Send them bitcoin. Pay them in bitcoin for chores. Share your passion with them. Prepare them for living in a world in financial decline. You need more than bitcoin for this.

Stay humble:

Don't be dumb. Don't over extend yourself and get into debt. Stack sats on a regular basis. Don't gamble and try to play the markets. Stay humble. Learn to grow food. Learn to be prepared for the most likely disasters (ie not nuclear holocaust). Teach your kids to be self reliant. Don't raise kids, raise adults.

Stack sats:

Focus on building wealth for your family. I don't stack sats primarily for myself. I do it for my family. I don't know when bitcoin will win but I know it will be at some point in the future so I'm focused on stacking as much as I can while I can. My goal isn't to give my children a certain amount. My goal is to get them to value bitcoin and learn skills to allow them to stack sats for themselves. Yes, I have given them bitcoin but the bigger goal is to give them knowledge and skills.

I mean it depends on your income and how much money you need for your country to live a normal life, but generally, people have a hard enough time getting 1BTC for themselves so I think that's generally off the table lmao.

I think any amount you leave behind for your kids or you give them will put them ahead of the pack. So, just use your common sense and evaluate your finances well.

My own children sold all of their bitcoin when they experienced the first bull run. Since they bought it from me with their own money and made a handsome profit, I didn't try too hard to talk them out of it. Relationships are more important.

However, on my grandchildren's 1st birthdays, I buy them each a couple of solar cells in a project that pays a monthly rental income for every kWh produced by their solar cells - in bitcoin. It's a 20-year contract and the rental income is adjusted annually by CPI+2%. Provided the solar management company survives (which I don't take as a given, btw), it effectively means my grandchildren are dollar-cost-averaging into bitcoin for 20 years.

Yes, unfortunately it's both custodial and KYC. The solar management company and I are the custodians, but I withdraw earnings regularly to cold storage on behalf of the kids, in case the company disappears.

It's been running for few years now so the earnings are still modest, but eventually I'll have to ensure that the kids know how to take custody of their own solar generated bitcoin. They're still toddlers...

Hitting comment bc I want to see the results.

I told my kids their inheritance was me Orange Pilling them.

1 million sats should be pretty solid come the second decade in their life, 10 million sats, oef, good luck explaining the responsibility of holding that much

The concept of gifting to your offspring has become very corrupted by fiat money psychology. The magic idea of a gift is to think about the person and what you can do for them which will improve their lives and so financial gifts don't require much thought and the value of this gift is less relevant.

Supporting your children is important and so setting aside as much bitcoin as you can for them is good. Giving it to them in a way that does not compromise hardworking ethics and frugal/capital efficiency or make them subservient is the challenge. I think it's more about how you do it, loans, prerequisite learning etc, than about how much. It would be a good thread to work this out