The
27-year-old
founder
of
MrBeast
Burger
recently
acquired
The
Step,
a
financial
services
app
for
teens
and
young
adults,
reportedly
with
a
user
base
of
7
million.
Along
with
debit
cards
for
youngsters,
The
Step
offers
kids
parentally
controlled
savings
and
investment
accounts
to
help
them
build
credit.
Unsurprisingly,
given
the
cravenness
of
Beastified
capitalism,
those
investments
include
such
stable
ventures
as
crypto.
The
company
has
already
received
a
$200
million
investment
from
Bitmine
Immersion
Technology,
owned
by
Tom
Lee,
who
personally
owns
5%
of
the
world’s
Ether
supply
and
is
just
the
type
of
guy
who
should
have
access
to
children’s
money.
MrBeast
hopes
to
teach
his
audience
of
more
than
a
billion
a
lesson
in
financial
responsibility.
“I’m
so
excited
to
share
that
we
are
acquiring
the
financial
services
app,
@step,”
MrBeast,
the
children’s
entertainer,
wrote
on
X,
the
Everything
app
littered
with
CSAM
material.
“Nobody
taught
me
about
investing,
building
credit,
or
managing
money
when
I
was
growing
up.
That’s
exactly
why
we’re
joining
forces
with
Step!
I
want
to
give
millions
of
young
people
the
financial
foundation
I
never
had.”
According
to
the
Times,
Beast
learned
about
investing
from
watching
Call
Of
Duty
Let’s
Play
videos
on
YouTube,
and
he
hopes
to
pass
on
that
sage
advice
to
Feastables
buyers.
Maybe,
one
day,
they
too
can
make
a
billion
dollars
from
videos
in
which
lives
are
endangered
for
entertainment.
And
they
should
trust
him,
considering
MrBeast
has
denied
involvement
in
various
crypto
pump-and-dump
schemes.
But
they
shan’t
be
selling
memecoins;
instead,
they
want
to
launch
a
stablecoin
to
help
kids
invest
in
the
wildly
unstable
world
of
cryptocurrency
via
a
Robinhood-esque
app
for
children.
It
wouldn’t
be
the
first
time.
In
2022,
Step
announced
“the
first
financial
app
that
will
allow
both
teens
under
18
and
young
adults
to
buy,
sell,
hold,
and
receive
crypto.”
It
never
got
off
the
ground,
but
with
the
help
of
the
world’s
most
famous
billionaire,
who
built
up
his
young
audience’s
trust
by
slapping
his
name
on
unsafe
game
shows,
kids
everywhere
might
soon
be
trading
Beast
coin
like
the
entrepreneurs
they
look
up
to.