OK, I feel like I’m being overtaken by the current world (old age I guess!). My 14 year old nephew left me standing in a recent conversation regarding crypto, meme coins et all.

I simply don’t understand crypto and I’d like to learn, not particularly so I can invest but simply I want to properly understand it. It’s forever in the news but the articles don’t really cover the fundamental basics, history etc. I’ve always been one of those people that likes to learn.

So can anyone recommend any sources of learning? Books, articles, youtube, podcasts. I don’t mind which medium really.

TIA.

As always I’m disappearing down a Google rabbit hole so looking forward some real world experience.

In short; I have family in the US, visit fairly often (not often enough :(). I’d like to set up a regular gift to my nephew who will go to university in 5 years time to help with his living costs etc. Having a US bank account for myself would also be useful for visits, Christmas, Birthdays etc.

So from what I can gather I can open a Bank of America account as a British citizen (they don’t need a social security number).
Then I just need to make regular transfers to fund that account (which in turn would fund an account in my nephews name in the US).
Western Union seem to be the cheapest option, would have preferred a monthly STO type setup but perhaps manual quarterly payments are more efficient.

I’m not talking about big sums of money. Probably a few hundred pounds a month.

Am I barking up the right lamppost or are there more efficient / effective ways?

TIA.