OPs post shows exactly why minors should not be involved with bitcoin trading at this point in time. Such little knowledge on what they are dealing with, such little regard for the drivers of bitcoin.
Few global regulators have made decisions concerning bitcoin exchanges and trading. Unless required exchanges have their own policy concerning who can and can not use their services. There are heaps of exchanges that do not require identification information above an email address so if you already have your btc then use them. Bittrex is pretty big.
Tax is pretty important as it helps the wheels of civilization go around, I like my roads and healthcare and water pumped into my house. Don't be a tax evading asshole.
Security and decentralisation are key attributes of bitcoin, so lots of people care about that.
Topic: Teens and Cryptocurrency regulations (Read 1653 times)
In my opinion being a citizen of a country just like how rules apply to adults they should apply to minors as well especially when it comes to money as sometimes minors tend to do reckless things when it comes to selling/spending or even exchanging.
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Crypto regulations apply the same rules to teens as with other assets. You can't buy stocks or have a credit card if you are a minor. So, it's not surprising the same rules apply to bitcoin and cryptos.
Being anonymous here in the forum you can't tell if someone is a minor or old folks, we don't know also that one legendary account here is from an American boy with the age of 14 (No offense meant here since America is good in English to start with), they will learn things on their own since this one is not directly involve in danger physically. It is all about making connection with crypto to others, but if you have kids then you should tell them about time management on how they spend their life in the internet, that's all.
Bitcoin is already decentralized... Just a point to note. That was one of the drawing factors of Bitcoin..
You could try switching to trading alts on crypto only exchanges, increased risk dealing with little exchanges though yeah
With all of the Regulators and Law makers and your all This and That, Are we not forgetting one thing? What about the us, The Minors? HHHHEEEEEYYYYYY! We are also using bitcoins you know! what about us? Now that you guys took out exchanges for us to trade in! Now what more do you want? Tax-Money for your Multi-trillion debt, Like we care. Security? Like we care. Decentralization? don't you dare decentralize bitcoin!!!!!!!
Oh and Please get back our trading haven! It sucks to be waiting to be 18 to make money off of trading! oh and SCREW CUSTODIAL ACCOUNTS!
There, I fumed my anger out on the bitcoin forum. It makes me wonder If anybody would hear me.
Oh and Please get back our trading haven! It sucks to be waiting to be 18 to make money off of trading! oh and SCREW CUSTODIAL ACCOUNTS!
There, I fumed my anger out on the bitcoin forum. It makes me wonder If anybody would hear me.
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