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One reason why kids want money is because they see their friends or peers having things that they desire. Whether it’s the latest video game console, trendy clothes, or tickets to a concert, kids often feel left out if they can’t afford to buy these things themselves. Having money of their own allows them to keep up with their peers and feel included in social activities. Sign up and stay informed about: The social media giant got Tess Rinearson to spearhead this department as the engineering lead in 2021. Their goal was to focus on decentralizing this network, looking for creator monetization options and crypto payments. However, after a year, the head of the department left the company.

Many crypto projects lure players in with promises of free tokens, but these often turn out to be more flashy and ethereal, but ultimately useless. Crypto For Kids: How To Get Your Kid Involved In Crypto in 2024? Please consult your tax professional to discuss your circumstances.