You're dodging a bullet with this decision-- or maybe it's more appropriate to say you're pushing your nephews out of the bullet's path... but I would suggest one adjustment: offline and non-custodial. Who knows what kind of regulatory conditions centralized exchanges will be enduring in a decade or more... if they don't get seized and destroyed betwixt a cup and a lip. Use Bitcoin as it was intended, without an intermediary to verify and control you (or your nephews).
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Offline of course. But you got to buy it from somewhere first :P
!5 years from now 50 Euros will buy you a cup of coffee if things keep playing out the way they do now...So BTC it is.
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There are P2P exchanges that don't require KYC. HodlHodl is one of them for non-US residents... they've implemented the Lightning Network for buying Bitcoin too. Bitfinex is another without KYC, I think.
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Well I use Binance...they don't require either :)
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They don't? I didn't know that! If you did some staking from your cold wallet on top of that, you could really maximize this inheritance of theirs. This is going to be one EPIC nest egg. :)
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