My son has his own hardware wallet. I started by buying bitcoin with the stimulus money we got in his name several years ago, and have been adding since. It's my view that the world is getting less meritocratic in many regards. I'm not actually sure what the overall change of social mobility has been compared to when I was growing up, but I could basically get through a pretty decent college education with a combination scholarships, a summer job, and/or a very small loan. What are the odds of my son being able to do that a decade from now?

On the other hand, it is becoming easier to learn and certain entrepreneurial activities might be more accessible to him. I hope there's increasing opportunity for him in the future, but to hedge, I think it's wise to start him off with enough that he has options. Of course that also comes with an increased requirement of responsibility, and self control, but those are attributes I try to instill in him anyway.

Ideally he won't need these sats, can keep them safely stored, and reach financial independence a bit earlier than he otherwise would. Perhaps having a bit of savings that is already working for him will provide a bit of optimism for his future. At least it does for me.