Aug 26, 2019
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Should Ethereum Have An Age Limit?

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As cryptocurrencies like Ethereum and Bitcoin become bigger and more popular, we want to explore the idea of a lower age limit for the purchase of cryptocurrencies that should be implemented to protect children from the risk of gambling that cryptocurrency investment presents. This stems from recent reports from the United Kingdom that suggest the National Health Service (NHS) is starting to recognise a huge problem with children in the country developing gambling addictions, mainly through the ease of gambling in online gaming. When you think about it, the action of purchasing cryptocurrency isn’t too different to this. According to The Independent: 

“The NHS is to open its first gambling clinic for children after research found the number of young people struggling with addiction has quadrupled in two years. According to the Gambling Commission, an estimated 55,000 children in the UK are now classed as having a gambling problem.”

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