School Responsibilities

porculator said

Well, someone's going to need to tell that kid that their BTC is worth zero until they sell it, and when they do, a bunch of it is getting taxed.

Most adults still don't seem to realize the difference between realized and unrealized gains.

Click to expand...

True dat. I seem to keep having the same Groundhog Day conversations with my nephew and my son about that very point, as well as the power of compounding interest, saving and investing EARLY, and the long timeline to retirement.

I've finally succeeded in beating the "6 months emergency cash" concept into their heads but it was a lot of work to convince them not to put stupid money into bitcoin,