I've been thinking about writing this article for about 2 months, because the “main character” of the story is my son.
You should know that he likes Lego very much, he can spend easielly half a day just building different figures (predetermined and non-predetermined buildings).
For a long time he spent all his pocket money to buy Lego. It is not very much money, we are talking about child benefit (~$50), and some “extra” money from grand parents (another ~$50) monthly.
In October 2022 he constated, that the price of Lego is increasing continuosly… He asked me “why”, and I tried to explain that if is more money in circulation, the price are raising. He told me that this is not fair, because the amount of child benefit are not raising, and the amount “received” from grand parents are also “static”.
I was surprised, but I can’t explain how this mechanism “working”.
The next question was, “why it is more money in circulation”?
I explained that because this is the interest of the government to make our consumer bag smaller.
And he told me, that seems like the money system is working on the contrary like "Lego system"...because it exist some Lego series with a very small supply, and these are much expensives than a "normal supply" Lego... (he know about, because he bought some rare editions, and does not "assamble", just deposited to sell it in the future).
He concluded that the rarer something is, the more expensive it is, and money is not rare. And then asked me if I know something rare, which is not "decimated" as value in time like paper money... I replied that it exist, and this is the Bitcoin, with a limited supply of 21 million in total.
He don't understood, because he heard about Bitcoin at the first time, and I did not want to talk about miners, supply, scalability, etc...so I just told that this is like a "digital money", but much better, and much valuable.
When I told him about price, it was surprised, and said that is very expensive, and just a few people can buy it.... I started to talk that is not needed to buy a whole Bitcoin, you can buy satoshies, and explained that is working like the RON -> Bani (the Romanian money, like US dollar -> cents).
This conversation was finished, but after 1-2 weeks asked me, if he can buy some "Bitoshi" (hehe...the combination Bitcoin and Satoshi)...we agreed that he can if he want, but this is a "money" which should not be touched for a long time. He agreed (it was my surprize)...
This was in November 2022, and the amount of $$$ from December was already invested in Bitcoin.
I told him, that is needed a "wallet" (also a new expression for him) where these Satoshies can be deposited and stored, but I will deal with this part. The total amount is maximum $100 monthly (it's his money). I opened a CEX account to my wife's name (hehe), and the monthlly purchase is maded every month. Not exactly at the same day, because I make DCA on BTC supports, to buy at lower prices.
Yes, I know it is not a huge amount...but to start I think it is OK. He already have more than 10 millions of Satoshi, because of the cheap prizes in 2023 :)