I do something a bit similar to my future kids. I do not have any kids right now, but I am putting some aside for their future, it’s a small amount but it’s something that grows constantly and it’s in staking as well. Think of it like just $25 per month and it’s on staking as well.
Bitcoin does not have staking.
You better pray that you do not get rug pulled - especially if you think that you can gamble for 20 years or so with your money in those kinds of ponzi schemes.
On the other hand, bitcoin itself is a very good investment and likely to compound upon itself.. so why get greedy, and give your keys to someone else to hold, when you already have a good investment in front of you.
Seems crazy to me.. that people are so damned fooled into ideas that they "need to earn yield" when bitcoin is already amongst the best of asymmetric bets that we have sitting in front of us.
Consider someone who had put
$10 per week into bitcoin over the past 9 years, they would have invested a total of about $4,700 and at this time, they would currently have nearly 5 BTC. That should be more than enough for a kids future fund.. and even if you had ONLY invested 1/10th into that, you would still have close to 0.5 BTC right now.. so why put your coins with someone else where the odds are surely NOT very good that they are actually being responsible with your coins and NOT gambling like a bunch of degenerates with your coins.
This way it will grow and if I ever have a kid, and they grow to be like 20+ years old and out of college, they will be looking at their bank account and suddenly see a huge amount out of nowhere, that will be my gift. I believe in 20+ years bitcoin will be huge, so all the bitcoins I am buying right now would be the key to their wealth in the future one day, and of course mine as well because I am buying more for myself lol.
I am not even sure if it is a good idea to give a bunch of money to some snot-nosed kid. Sure there might be ways to incentivize them and give them money (or value), but would it really be good to give them a bunch of money all at once.. so they can sit around and do nothing for the rest of their lives? I have quite a few doubts about that. But, hey.. you do you.