Subscribe to our newsletter!

Submit

Thank you for signing up for our newsletter!

We’re excited to have you with us and will keep you updated with the latest news, insights, and updates straight to your inbox.
Oops! Something went wrong while submitting the form.
Back to Blog
June 20, 2020
|
Read time {time} min

10 Cryptocurrency Myths (And Facts to Take Them Down)

Written by
Permission
Stay in the loop

Get the latest insights, product updates, and news from Permission — shaping the future of user-owned data and AI innovation.

Subscribe

Cryptocurrency is no longer new. To be honest it wasn’t new even a few years ago before cryptomania launched Bitcoin into the stratosphere.

Consequently, you might have thought that most of the cryptocurrency myths, misinformation, and flat-out wrong ideas that have orbited around crypto would have evaporated by now.

But no. Many still persist.

Perhaps this blog post will help to lay some of these myths to rest.

Myth 1: Crypto is not secure.

Blockchain technology has its tenth birthday this year in October if you measure its birth from the publication of Satoshi Nakamoto’s original paper. If you measure it from the release of the software, it occurs in January next year. Either way, the technology is nearly ten years old, is considered unbreakable (at least until quantum computers grow tall), and has never been successfully hacked.

The crypto-is-insecure lie is fake news formed from a chain of successful crypto-heists. Here are the most notable:

  1. Mt. Gox Version 1.0: In 2011, a hacker using an unidentifiable user account made off with 25,000 Bitcoin, worth half a million in those days, and much more now. (Wallet security is much improved since those days.)
  2. Silk Road, The Sequel: The feds closed the Silk Road in October 2013, and a doppelganger site appeared as if from nowhere. Sadly the security was not as good as the original. A hacker blew through it and cleaned it out to the tune of $2.7 million.
  3. The Sheep Marketplace: The Sheep Marketplace opened at the same time as Silk-Road-the-Sequel, surviving a little longer before a marauding hacker got his hands on some ill-gotten gains. This was an epic heist, 96,000 Bitcoins worth about $56.4 million and the hacker had the cheek to manipulate user account balances so that it looked like nothing had happened.
  4. Mt. Gox Version 2.0: After February 2014 when Mt. Gox finally shut its doors, 744,408 Bitcoin, worth $436 million) were missing. This hack had the added impact of crashing the price of Bitcoin.
  5. The Pony Botnet: A botnet using trojan malware called Pony stole vast numbers of login credentials from 700,000 accounts, 85 of which had Bitcoin wallets. The hacker emptied them to the tune of $220,000.
  6. The Demise of the DAO: The first smart contract on Ethereum was not so smart. It served the DAO (a Decentralized Autonomous Organization) and had a bug, The hacker who hacked it spirited away about $55 million. As a side effect, the Ether community forked the blockchain, but the crypto stayed stolen.

In every case, the crypto stayed stolen, but none of this can be blamed on a blockchain technology problem.

Myth 2. Cryptos are a scam, a shakedown — a Ponzi scheme, no less.

Ok, there have been many crypto-based fraudulent schemes. The most frequent and successful scam is the “Exit Scam”. It works like this:

  1. Dream up a crypto idea that sounds feasible and claim it will print mountains of money for investors.
  2. Create a website, complete with cool artwork, a well-written white paper, impressive-sounding advisers, and a product roadmap.
  3. Launch ICO.
  4. When ICO completes, take the money and run.

Here are some examples:

  1. Pincoin Token: A team of 7 Vietnamese entrepreneurs promised constant returns to investors. They launched an ICO and reaped $660 million from about 32,000 suckers. They even paid out a little to the investors before they did a moonlight flit. They have not been heard of since.
  2. Benebit: What do you think of this idea: let’s unify all customer loyalty programs? Brilliant, eh? Sorry, but it’s too late to invest. The ICO is over, and the company behind it has evaporated, along with an estimated $4 million — demonstrating a distinct lack of customer loyalty.
  3. PonziCoin: This earns itself a mention; barefaced branding at its best. It billed itself as “the world’s first legitimate Ponzi scheme”. It was a prank website. It even included a public admission that it was a scam. Amazingly this didn’t stop morons from pouring money into it. It raised over $250,000. What was the founder supposed to do? Naturally, cash in hand, he made a sharp exit.

A March 2018 study by the Satis Group, estimated that of all the large recent ICOs, a solid 81% were “frauds”, 6% failed, 5% are clinically dead, and only 8% made it to market.

Wait a minute. If that’s the case, how is this a Myth?

Terminological inexactitude, dear reader. It should have read: ICOs are frequently a scam, a shakedown — a Ponzi scheme, no less.

That’s why the SEC has pretty much called a halt to US ICOs. The point is that ICOs, not fully functional cryptocurrencies, are dangerous investment vehicles.

Myth 3. Cryptos have no real value.

“Give me a break, Krugman,” he said, (imagining he was berating NYT columnist Paul Krugman) “dollars, euros, and quetzals have as little real value as Bitcoin or Ether. Their value is linked to diddly-squat.”

In contrast, there are more than a few cryptos that link to genuine gold. Here is a list of those currently being traded: AurumCoin, DigixGlobal, GoldMint, HelloGold, KaratBank, PureGold, Xaurum, AurusGold, and OneGram Coin.

There are also ten not-yet-fully-ICOed gold-based cryptos: GoldCrypto, Golden Currency, XGold Coin, GoldMineCoin, BaselBit, AgAu, Darico, Gold Bits Coin, Flashmoni, and Sudan Gold Coin.

The real difference between fiat currency and crypto is that the crypto supply is governed by contract, whereas the fiat supply is in the corruptible hands of human beings.

And, if you want gold-backed money, where else are you going to get it?

Myth 4. Cryptos are for criminals and denizens of the dark web.

There are some advantages to using cryptocurrency for some criminal activities. It’s normal for hackers that spread ransomware to demand payment in Bitcoin. The now-defunct Silk Road did business in Bitcoin, selling drugs, medical supplies, and contraband. It meant that the money didn’t have to travel through a bank account — and for the bad guys that’s the most useful feature of Bitcoin.

In truth, Bitcoin is dominated by legitimate use. It is held as a pure investment, and as a safe store of money. Decentralization and “pseudo-anonymity” are features criminals like, but so do people living in economically unstable environments. If you cannot trust local banks because of corruption, or if the country you live in is unstable (think Venezuela) it’s a good place to store your stash of cash.

In the US, if you put your money in the bank and it fails, then you are insured (by FDIC) only up to a loss of $250,000. If you want to hold a larger amount then Bitcoin works fine. Bitcoin also sees heavy use on crypto exchanges as a unit of value to measure other crypto.

There is far more criminal use of the dollar: for money laundering, for drug trafficking, for bank robbery, and so on, than occurs with Bitcoin or any other cryptocurrency.

Myth 5. The use of crypto is anonymous.

Not so much. A computer security professional I know recently told me that the NSA had copied and analyzed the Bitcoin blockchain and was able to tie back almost all the Bitcoin wallets that exist to their owners. I have no idea whether this is true, but it would not surprise me — because it’s possible.

The point is that Bitcoin is an open ledger so you can tie the wallet addresses to amounts of Bitcoin. If you can tie the wallet address to an individual, you’ve got full knowledge of their holding, and their trades. And most ways to get Bitcoin, through an exchange of any kind, involves you providing identifying details.

You can get into bitcoin in anonymous ways, by buying it on the street through Local Bitcoin traders. There are also three coins; Dash, Monero, and Zcash that allow anonymous trading, so you could achieve anonymity through them. But they are the exception. The majority of crypto transactions are on the record.

Contrast this with paper money, such as dollar notes. These are truly untraceable, and hence they are far better than crypto for bad guys with money to hide.

Myth 6: The government is coming for your crypto.

Excuse me please, but no government has the power to shut down a cryptocurrency; blockchains are international and decentralized. Add in the fact that wealthy investors (the good, the bad, and the ugly) use store some of there stash in Bitcoin or Ether — and such people have political influence — and it’s game over, almost.

A government can make crypto illegal. And that’s what some economically-unsophisticated countries have done. When they do, it drives the currency underground and shops are not able to accept it.

Here’s a list of the economically-unsophisticated: Algeria, Bolivia, Ecuador, Bangladesh, Macedonia, Nepal. That’s just 6 out of 195, which is not bad for crypto. (Perhaps I should include Vietnam and Indonesia; both allow crypto speculation, but banned payments using crypto.)

Banning crypto will backfire spectacularly, stifling a whole sunrise industry until the sorry government finally realizes you can’t stop a technology tide.

As for the US, America is not going to ban crypto. No chance. Wall St is deeply in love again. And it’s the first time since it flashed its eyes at derivatives.

Myth 7: With crypto, you will pay no taxes.

Not exactly. Of course, politicians fantasize about banning crypto, even though they realize it’s a numbskull scheme. They fear crypto will deliver a simple means of skipping all taxes and the public purse will suddenly be empty. (Who then would pay their wages?)

The good news is that their fears may be well-founded. Crypto will probably provide ways to anonymize your money. The bad news is that our beloved politicians will quickly shift the burden of taxation to things that can be taxed, like everything you buy and stuff you cannot hide (land, property, yacht, etc.).

This tax switch will be disruptive, but it is inevitable whether you approve or not.

At the moment, the tax situation surrounding crypto varies. In most countries (including the US) crypto is treated as a commodity on which you pay capital gains tax if you speculate successfully. Blockchains are a public record, so where there’s a record of you putting money in, there is a record of your ownership. The taxman can know, and you risk his wrath if you try to hide your profits.

Myth 8: Can’t buy me much, yeah, everybody tells me so.

Some crypto-skeptics still believe crypto will never amount to much, although there are fewer than there were — culled perhaps, by the astronomic rise in crypto last year and Wall St obvious passion for its new financial mistress. Ripple in particular silenced many crypto-atheists when it announced that upwards of a hundred banks were using the Ripple network.

The crypto-skepticism transferred itself to the tokens that are not in the payments business. There are hundreds if not thousands of these. Some focus on computer infrastructure (the crypto cloud), some on the ad market, some on gaming, some on gambling, some on retail, some on the supply chain, and many on the health sector. Btw, my health sector favorite is Dentacoin. It makes me laugh just thinking about this crypto tooth-fairy.

I’ve always hated dentists, why would I ever buy their crypto?

The reason none of this seething mass of crypto tokens has made the news yet is that it’s too early. It will happen. Give it a year or two, and there will be dozens, or hundreds — maybe even bajillions.

Myth 9: Cryptos are a fad that will fade.

This myth is exploded by what’s written above and already lies in pieces. However, let me amplify it a little. I work for a crypto company (Algebraix). We began writing code in July 2017. We now have an application in Beta, and the Permission token (ticker: ASK) will be operational when the beta test is complete. The marketing campaign to recruit users will probably begin about a year after we started coding. The current roadmap runs for several years from then.

Now take a look at the history of, say, Facebook. In the first year after the software launched (2004), it acquired 1 million users. In the second year 5.5 million. It was not until the end of 2008 that it had 100 million and pretty much everyone knew its name. And Facebook is an example of very rapid growth.

The day has only just dawned. The flowers have yet to open.

Myth 10: Crypto is bad for the environment.

There is nothing worse in the eyes of a millennial than being utterly ungreen. Climate skeptics they are not, especially those who consult the evidence.

Thus a tremor ran through the crypto community when the news broke that Bitcoin mining squanders the electricity of 90 million refrigerators every day, or about as much as Ireland. It is excessive, even if you note that Bitcoin has a market cap of $160 bn — because that’s only half the GNP of Ireland and significantly less than Ireland’s money supply ($257 bn).

So shame on you Bitcoin.

We could protest: “Not so fast, Buster. If Bitcoin mining didn’t make a profit, no-one would do it.”

And that is also true. However, it doesn’t alter the fact that Bitcoin mining chews up huge amounts of electricity — necessitating the burning of vast amounts of fossil fuel — pushing unconscionable tons of carbon dioxide into the atmosphere — needlessly heating up the planet — melting the ice on Greenland and Antarctica, and raising the sea level to the point where Venice is unsavable. And I quite like Venice.

The truth is that the energy consumption of fiat currency is just as egregious and that the energy consumption of gold mining is more than twice as much and don’t talk to me about the cost of all those cloud data centers.

But that’s not the whole story. The whole crypto world knows that Bitcoin mining is expensive. So many other coins have found cheaper ways to organize their blockchains — ways that are hundreds of times cheaper than Bitcoin mining. (I’ll write an article on this one day soon).

Ultimately, either those other cryptos will dominate, or Bitcoin will become less of an electricity glutton.

The Net Net

You can think of this as a living blog post if you like. If you encounter any cryptocurrency myths which we do not mention above and which we have not yet slain, why not contact us and let us know.

If you do we will dispatch one of our mythbusters to hunt it down and dispatch it.

Recent articles

Big Tobacco Had Its Reckoning. Now It’s Big Tech’s Turn.

Aug 12th, 2026
|
{time} read time

The floodgates are open.

Thousands of lawsuits are moving forward. States are writing new rules for kids online. And lawmakers are beginning to tell AI companies what they can and cannot do when children use their products.

And you don't have to look far to see it happening...

The courts: 3,000+ lawsuits get the green light

On August 10, the Ninth Circuit allowed more than 3,000 lawsuits against Meta, Google/YouTube, TikTok and Snap to move forward.

The cases allege that the companies deliberately designed features of their platforms to be addictive, particularly for young users.

The tech companies had argued that Section 230 of the Communications Decency Act protected them from the claims. The court rejected their attempt to use Section 230 to stop the litigation at this stage, finding that it provides a defense rather than immunity from being sued.

At their core, these cases are allegations about the platforms themselves: how they were designed, how they kept people engaged, and what responsibility the companies bear for the consequences.

The companies will still have the opportunity to defend themselves against those allegations.

But with more than 3,000 cases now getting the chance to be heard, this is getting harder to argue away.

New Jersey: families get a way to enforce the rules

One day later, New Jersey Governor Mikie Sherrill signed the New Jersey Kids Code Act into law.

The law establishes new design and privacy requirements for covered online services likely to be accessed by minors. Among other provisions, it requires high privacy settings by default, restricts certain push notifications, prohibits dark patterns for minors, limits how children's personal data can be used and retained, and places restrictions on targeted advertising.

But one provision in particular changes the accountability equation: a private right of action.

An individual under 18 who is injured by a violation can bring a claim under the law, with statutory damages of $5,000 per violation. Parents may also bring an action on a minor's behalf.

Which is legal language for something pretty simple: families don't have to wait around for a regulator to act. They can take companies to court themselves.

Colorado: AI safety starts becoming a legal requirement

Then there's Colorado.

Earlier this year, Governor Jared Polis signed Colorado HB 26-1263, establishing specific requirements for operators of conversational AI services.

And this one is worth paying attention to because the law doesn't simply tell AI companies to "keep kids safe." It starts defining what that actually means.

Operators must estimate users' ages. When dealing with minors, the law requires recurring disclosures that they are interacting with AI rather than a person and establishes protections around sexually explicit interactions.

It also addresses one of the most unsettling questions surrounding companion-style AI: emotional dependence.

The law requires safeguards designed to prevent conversational AI from producing statements that simulate emotional dependence. It also requires protocols for responding to suicidal ideation and self-harm, privacy and account-management tools for minors and parents or guardians, and reporting requirements intended to help regulators evaluate whether those safeguards are actually working.

The law takes effect January 1, 2027.

For companies building conversational AI, that's a meaningful shift. Child safety is moving beyond a set of voluntary guardrails companies write for themselves. In Colorado, some of those guardrails are becoming law.

It's no coincidence that this is all happening at once.

Big Tobacco didn't wake up one morning and discover the world had changed its mind. The reckoning came piece by piece, until lawsuits became regulation and an industry that had spent decades setting its own standards was finally forced to take responsibility for the harm its products caused.

We're watching that shift happen again.

For years, the responsibility for keeping kids safe online has fallen on parents.

Set the parental controls. Check the privacy settings. Watch the screen time. Know which apps they're using. Figure out who they're talking to. Keep up with every new platform, algorithm and now AI chatbot entering their lives.

All while the technology on the other side of the screen gets more sophisticated by the month.

Now courts and lawmakers are starting to ask the companies building that technology a much more uncomfortable question:

If children are using your products, what are you doing to keep them safe?

For families, that's the shift that matters most.

This isn't another round of false promises to "do better."

This is legislation. These are lawsuits. This is accountability beginning to have teeth.

Parents will always have the role of protecting their children online. We happen to believe they should have far more visibility and control over the technology entering their families' lives, not less.

But parents cannot be the entire safety system.

The law is making clear that the companies designing the products, writing the algorithms and building the AI our kids interact with have a responsibility, too.

And when they fail to meet it, they'll finally be held accountable.

ChatGPTs Births A Parenting Tool That Needs Some Image Repair

Aug 4th, 2026
|
{time} read time

Sam Altman keeps pitching AI as a co-parent. The reason parents aren't buying isn't nostalgia, it's the lawsuits.

Last Friday, Sam Altman had an idea he was excited about. Hook your family calendar up to ChatGPT, tell it what your kids are into, and every morning on the drive to school it'll produce a little podcast: one kid's soccer game that afternoon, another kid's birthday coming up, maybe some news. He called it a "cool use case."

What should’ve felt really innovative, landed like the opening scene of a bleak dystopian movie. Two kids in the back, one parent up front, and a smooth synthetic voice narrating, to everyone present, the lives of everyone present. "Later today, Maya has soccer." Maya, who has soccer, looks out the window. Nobody says anything, because the podcast is saying it for them.

The internet population caught what we caught. The reply that stuck came from Alex Hirsch, creator of Disney’s Animated series, Gravity Falls. It was seven poignant words: "What if you just talked to your children?" That was the entire rebuttal, and it traveled a great deal further than the thing it was rebutting. Altman's post drew somewhere around 9,600 likes. Hirsch's reply cleared 120,000. On the CEO's own platform, the crowd took a vote, and the crowd chose the small talk.

Now, we want to be fair here, because the easy thing is to dunk and move on. But we’re parents here at Permission and anyone who has done the 7:40 a.m. drive on four hours of sleep, refereeing a backseat dispute about who touched whom first, knows the exact fantasy of a button that handles the morning. That instinct isn't a character flaw. It's a Tuesday.

But this wasn't a one-off. Altman has been quietly auditioning AI for the co-parent role for a while now. On The Tonight Show in December 2025 he said he couldn't imagine having to "raise a newborn without ChatGPT" then added that people had managed the trick for a few hundred thousand years without it. Also, last year, in a podcast hosted by Andrew Mayne, Altman admitted that people might form “problematic parasocial relationships” to a chatbot. (You know, the one-sided kind that we usually reserve for celebrities we've never met.) He sees the hazards clearly. He's pitching the product anyway.

When visibility turns into vulnerability.

The reason parents flinched at the idea of carpooling with a chatbot for school drop off isn't that they're allergic to convenience. It's that the company making the offer is, right now, being sued by multiple families who say its chatbot played a role in their loved ones' spiraling delusions and, in the worst cases, their deaths. OpenAI says it is continually improving how its models handle sensitive conversations, and that work genuinely matters. But you can see the problem. "Let me into your calendar, your commute, and your kids personal details" is a big ask from anyone. It is a much bigger ask from a company currently explaining itself in court.

Trust isn't a feature you ship in the next update. It's something people hand you slowly, and take back all at once.

Here's where we should admit an interest. We build Permission on a belief that sounds boring until you sit with it: your data belongs to you. With Permission your kids’ browsing history doesn’t get shipped out to the open internet. Not to a model, not to a growth chart, not to whoever posts the next cool use case. And the closer AI creeps toward our kids (and it is creeping, because kids are already asking it everything) the more one question starts to outrank all the others:

Where is the line between parenting and outsourcing parenting?

Because "parenting tool" is doing a lot of quiet work in that phrase. A tool is a hammer. It lives in a drawer, it does one honest thing, and it does not ask to read your child's messages or move into the family calendar. When a company calls its chatbot a "parenting tool," it's worth asking, gently, which word they mean. The tool part, or the parenting part.

We happen to think AI can be genuinely, unglamorously useful to families. Not by doing the talking for you, but by handing you the context you'd otherwise miss instead of a thousand panicked notifications, and then getting out of the way so you can make the call. That's a real distinction, and it deserves its own piece.

So take this as Part One: the news, the flinch, and the reason the flinch is earned. In Part Two, we'll make the harder and more hopeful argument that you can let AI help you parent without completely handing over your family secrets. There is a version of this where the grown-ups stay in charge. We think it's the only version worth building.

For now, the seven best words anyone has offered on the whole affair still belong to Hirsch. So we'll give him the last one, too.

What if you just talked to your children?

Insights

The Verdicts Are In

Jun 25th, 2026
|
{time} read time

For years, concerns about the harm social media platforms cause children were categorized as “alleged.” In the spring of 2026, juries started using different words: negligent, deceptive, unconscionable. Courts are now saying what parents have long suspected: the design was the harm. Here is what the courtroom evidence now shows and why parents should be paying close attention.

Before a Child Can Tell Fact From Fiction

Before children are developmentally equipped to distinguish fact from fiction, digital systems have already begun influencing how they think, what captures their attention, and how they begin forming their sense of identity.

Social media platforms no longer function as just communication tools today. They increasingly shape how children develop self-worth, regulate emotion, build social relationships, and understand the world around them.

For years, concerns surrounding children’s relationship with technology were often dismissed as parental anxiety or treated as speculation. That argument is becoming harder to sustain.

Across courtrooms, regulatory investigations, internal company disclosures, and mounting scientific research, a clear pattern is emerging: some of the world’s largest technology companies have built systems that maximize engagement by exploiting psychological vulnerabilities in young users, while parents remain largely unaware of what they have actually consented to.

The issue is no longer whether these systems pose risks to children.

The more urgent question is whether the systems themselves will fundamentally change, or whether society will continue documenting the damage in real time while continuing to participate in the very system that creates it. 

The Environment Around Childhood Has Changed

The environment children grow up in has changed.

Why are children so easily targeted by these platforms? In adolescence, the regions that govern judgment and emotional steadiness are still maturing, while those that respond to approval, comparison, and reward are already highly active. These platforms are designed to pull on exactly those urges - through likes, notifications, feeds that never end, and "recommended for you" videos that keep coming.

The American Psychological Association has warned that this combination leaves minors more prone to compulsive use, and more exposed to the emotional toll of measuring themselves by how others react to them online.

As reported in Parenting in the Age of AI: Why Tech Is Making Parenting Harder — and What Parents Can Do, parenting got harder because the environment has shifted.

For the first time, families are raising children inside digital environments designed to maximize engagement  and continuously compete for attention. Traditional parenting tools now operate against these systems that are created to keep children online for as long as possible.

What many parents experience as daily frustration is often not a parenting challenge. It is the result of an environment intentionally optimized to override the limits parents try to set.

What the Lawsuits Prove

For years, the harm caused by digital platforms was “alleged.” 

That is changing rapidly.

Between 2024 and 2026, a series of major lawsuits against companies including Meta, TikTok, Google, Character.AI and OpenAI have moved beyond accusation and into courtrooms where evidence is now being publicly examined.

These lawsuits all share something important: they don't blame a single video or post for harming a child. They blame how the apps themselves are built — the endless scroll, the recommendations that decide what your child sees next, the AI designed to keep them watching.

For years, companies argued they couldn't be held responsible for what users posted on their platforms. These cases now point to the design itself, the features built to capture and hold a child's attention. Courts are now increasingly letting those claims move forward. 

The courts, claims, design features and outcomes are laid out in Appendix A.

The Pattern

Across nearly every major lawsuit involving child safety and digital platforms, an alarming pattern continues to repeat itself.

  • Internal research identifies harm early.
  • Executives are made aware of developmental, psychological, and behavioral risks to minors.
  • Product teams continue implementing design choices that increase engagement despite those findings.
  • Public messaging continues emphasizing safety while internal evidence often tells a different story.

Only after years of public pressure do regulators or courts intervene.

When growth and user wellbeing compete, technology companies have repeatedly demonstrated which one wins. While accountability has almost always arrived only after harm has already occurred.

The Consent Parents Never Gave

At the center of nearly every child safety dispute in technology sits a deeper issue that receives far less attention: consent.

Modern internet platforms operate under the assumption that consent has been obtained simply because a user clicked “I agree.”

But clicking “I agree” was never meaningful consent.

Meaningful consent requires understanding consequences.

Yet most parents are never clearly told:

  • How algorithms shape what children see.
  • How behavioral data is continuously collected and analyzed.
  • How engagement systems are designed around psychological reward loops.
  • How platforms measure emotional responses, attention patterns, and behavioral tendencies to optimize retention.
  • How artificial intelligence systems increasingly personalize influence in ways families cannot see.

Parents were never fully informed about the environments their children were entering.

Will Anything Change?

What gets accepted today becomes the default tomorrow. 

The risks, the design choices and the outcomes are now well documented.

Much of what happens next will be shaped by a series of major bellwether cases already underway. The 2026 verdicts in K.G.M. v. Meta and State of New Mexico v. Meta were early signals.

Federal litigation is now accelerating through MDL 3047, where more than 2,600 cases against major tech companies have been consolidated, with the first federal bellwether trial beginning in June 2026.

The outcomes of these cases will help define the future relationship between families and technology.

At Permission, we closely monitor this litigation because it keeps returning to the same core truth: parents deserve to know what their children are actually consenting to — and children deserve to grow up in environments designed to support their development, not exploit their vulnerabilities.

Parents deserve to understand these environments while they are still evolving, not years later, after the consequences are already visible. And children deserve to grow up in environments designed to support their development, not exploit their vulnerabilities.

Learn more about why AI needs permission (and what it means for your family) at AI needs Permission. Permission is actively tracking this litigation and the broader shift it represents for families, AI, and the future of consent online.

Share Permission. Help Another Family.

May 26th, 2026
|
{time} read time

There's something that happens when Permission starts working for your family. You notice things earlier. Conversations get easier. The guesswork goes away.

And almost immediately, you think of another family who needs this.

Now there's a simple way to share it — and get rewarded when you do.

How It Works

Refer Permission to other parents. When three families subscribe through your unique referral link, you receive a $30 gift card — automatically, with no limit on how many times you can earn.**

It's straightforward:

  1. Get your unique referral link from your Permission account
  2. Share it with parents you think would benefit
  3. Once three families subscribe to a paid plan, your $30 gift card is on its way

That's it. No complicated tiers. No tracking spreadsheets. Just sharing something you believe in and being rewarded for it.

A Few Things to Know

  • Rewards are triggered by completed paid subscriptions — free trials don't count.
  • You'll receive a notification once your reward has been credited.
  • Gift cards are fulfilled via our rewards partner, Tremendous. Redemption availability may vary.
  • When sharing your referral link, please disclose that you may receive a reward if the person you refer subscribes. Example: "I use Permission and earn rewards when friends sign up through my link."
  • Program terms apply. See our Terms of Use for full details.

Why We Built This

Permission works best when it spreads the way trust does — through people who know each other.

Parents talk. They share what's working and what isn't. They ask each other for recommendations on everything from pediatricians to schools to apps. We'd rather reward that natural word-of-mouth than spend that money on ads.

When you refer a family to Permission, you're not just earning a gift card. You're helping another parent feel less alone in navigating their child's digital life.

Ready to Share?

Get your referral link → https://app.permission.ai/motivate

** Gift cards fulfilled via Tremendous. Referral rewards require completed paid subscriptions. Program terms apply. See Terms for full details.