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About the bitcoin.

Let's just say that a 16-year-old wins the game jam competition and wins the bitcoin, but he's too young to have a bank account or a stockbroker to keep track of it. Will you simply send money or is this person out of luck? To put it simply, should I even try?

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4

You don't need a bank account to own bitcoin. You can follow this guide on how to create a bitcoin wallet if you want one.

1

@mat1 Okay. Thank you for clarifying because I thought one would have to have certain legal things in place to even receive, but I guess stock exchange and bank accounts only apply to certain things.

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It's easy. Just download Bitcoin.com Wallet on the Apple Store/Google Play store. It's free! There is a special way to secure your BTC wallet too!