Children have the same use adults do. The subset of adults that use crypto natively, maybe "crypto onchain native" sounds like vague jargon to you but nothing I said were promises of a revolutionary change, this is what is happening right now.
You are the one that doesn't understand and this is not the thread for you to learn that, what example would you like to see if it was? The only education offered is that children are using it, instead of spending year after year acting confused of its existence like many people I know here do. Gen Z and Gen Alpha looked at tools available and picked them up instead of attempting to interface with the caste system we normalized towards people under 18, its simple and all that's happened. So, that's different because we don't have to wait 15-20 years for new generations to enter the economy and see what happens, they are active and autonomous nodes in just a few years for better of for worse, but making an opinion about that requires noticing and acknowledging that its occurring.
To really illustrate the disconnect here, an example is that What you are saying relies on you not knowing how to borrow against your crypto with a lending smart contract and purchase other things you want with it. It relies on you thinking these are buzzwords instead of actual etymology and additions to the lexicon that can coordinate people to do the same thing because they understand a shared concept, concepts you personally don't know yet.
I'm not sure what answers you are looking for.
But they understand that they can accumulate wealth, the majority of which can be useful for a later time, without running into the liquidity issues that accumulating marbles and trading cards have.
How old do you think I am? And how out-of-touch with the technology and the industry do you think I must be? Let me assure you, your presuppositions and biases don't make your points come across any better.
> "Children have the same use adults do."
This can't possibly be true, because kids and adults have different needs and are in different stages in life. I can't take the rest of your comment seriously when it's based on this claim.
I'm still waiting for concrete examples for uses children have for cryptocurrencies, and for some proof that this is somehow different than any other fad we've had before. I'm not denying kids will find random "currencies" (reference my previous response) to play with, but I'm absolutely discarding the idea that cryptocurrencies offer anything of meaning to children.
There's another comment under this very thread claiming that there's "code written by a 13 year old managing billions of capital in crypto". This too reads like typical FOMO propaganda. That somebody can "manage billions of capital in crypto" is an absolute meaningless claim, and it's easy to see how people that lack the knowledge and the context about the technology can be FOMO'd into spending money on this based on such grandiose vague statements.
The reality is that anybody can start their own "blockchain" and "manage trillions of capital in crypto" if they want to (why stop at billions when you can be so much richer?). Posting these claims doesn't resolve core questions such as "what do they use the cryptocurrency for", "how do they benefit from doing this", "what is the path into 'cashing-out' and extracting value from the cryptocurrency back into the traditional financial system", "how do they get other people to participate in their ecosystem", "how do they ensure their blockchain survives years into the future", "how do they protect themselves against common pitfalls that can undermine the cryptocurrency", "how do they protect themselves against fraud" etc. Ironically, those questions don't just apply to children by the way - they apply to pretty much every other use-case of crypto being touted today.
You're really worried about people spending money on something. How does people earning or managing other people's money inspire someone else to have confidence to spend money on something? In what way would it be "FOMO propoganda" (which doesn't mean false, by the way) to spend anything?
This entire thread isn't about spending money, its about earning money from organizations that already have wealth in the crypto space. These things don't happen on blockchains people spent up on their own, they happen on blockchains with larger saturation of attention.
Yes, a 13 year old could manage be managing hundreds of millions to billions of dollars. You won't reach your standard of proof here, information appears where there is a benefit to that information existing publicly. There is no benefit for that. The applications are fairly simple and simply isn't an oversaturated space yet. Easy.
> I can't take the rest of your comment seriously when it's based on this claim.
Since you probably shut your brain off again at my first sentence, here is just a stream of thought to your "core questions" in no particular order. They extract value by taking a percentage of volume that passes through their applications. Their applications can manage unlimited sums if people like it. They get other people to participate by being active on forums and social media. The audit system and insurance industry is the protection against fraud, or none at all. They don't launch their own blockchains, bad assumption to begin with, the applications solve problems on existing ones or just provide entertainment. Children cash out when they are 18 by opening an exchange account at that time, this was answered earlier, they can acquire property, make investments, and get access to capital before they are 18, also answered earlier. Pretend to be a US child and look it up on youtube and ask around on TikTok and discord and see where you get.
You are the one that doesn't understand and this is not the thread for you to learn that, what example would you like to see if it was? The only education offered is that children are using it, instead of spending year after year acting confused of its existence like many people I know here do. Gen Z and Gen Alpha looked at tools available and picked them up instead of attempting to interface with the caste system we normalized towards people under 18, its simple and all that's happened. So, that's different because we don't have to wait 15-20 years for new generations to enter the economy and see what happens, they are active and autonomous nodes in just a few years for better of for worse, but making an opinion about that requires noticing and acknowledging that its occurring.
To really illustrate the disconnect here, an example is that What you are saying relies on you not knowing how to borrow against your crypto with a lending smart contract and purchase other things you want with it. It relies on you thinking these are buzzwords instead of actual etymology and additions to the lexicon that can coordinate people to do the same thing because they understand a shared concept, concepts you personally don't know yet.
I'm not sure what answers you are looking for.
But they understand that they can accumulate wealth, the majority of which can be useful for a later time, without running into the liquidity issues that accumulating marbles and trading cards have.