SatStackingBadger on Nostr: My mum wants to leave her grandchildren some money, to be held in trust until they ...
My mum wants to leave her grandchildren some money, to be held in trust until they are 21. The eldest is 13. My son is 3. My mum doesn't understand inflation, and only focuses on interest rates. It won't be a big sum of money for each of them, but she thinks that it will grow in that time.
It feels like such a waste.
I have little chance of educating her. But I'm slowly working on my dad.
To us it seems crazy, buy she doesn't want to leave money to me, for example, because I'll probably gamble with it and lose it all, by buying Bitcoin.
"How's that Bitcoin doing? Cashed in any profits yet? Or are you still betting on it going higher?"
It feels like such a waste.
I have little chance of educating her. But I'm slowly working on my dad.
To us it seems crazy, buy she doesn't want to leave money to me, for example, because I'll probably gamble with it and lose it all, by buying Bitcoin.
"How's that Bitcoin doing? Cashed in any profits yet? Or are you still betting on it going higher?"