this post was submitted on 06 Jun 2024
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Privacy
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If the children are young enough, nanna can transfer money to some account the parents control. If the parents are fine, that's fine. However, what if the parents are addicts (drugs, gambling, whatever)? Or what if they are so deep in debt that every cent on their accounts immediately gets turned to whoever the owe to? In that case the kid can't even buy themselves lunch on their own.
I don't think this is a great argument for the prevalence of cash?
What about kids who's nannas don't give them money?
Better to build a society that identifies kids as risk like this rather than prattling on about cash and hoping for the best.