For a computer, a desktop is cheaper than a comparable laptop, Minecraft isn't like some games but still does require some oomph to play decently.
I think it's reasonable to be aware of online bullies and predators, but it's easy to overstate that risk. Really they're far more likely to be abused by someone they know and trust rather than a random stranger.
That said it still makes sense to take precautions and be aware of what they're doing. Do some research and thinking and have a bit of a plan around when and how they can get into things like twitter or other social media.
And to be honest I think a phone or tablet is far more risky a device than a computer, a computer can more easily monitored or limited, but with phones with the built in cameras and Internet access and apps it's really easy for kids to get into situations or do things where the phone makes it super easy to do but the parent would probably limit if they were even aware.
I know many parents who were unaware their kids had a youtube channel where they uploaded videos of themselves, or a musical.ly account, or were livestreaming on twitter or YouNow. The risk of a predator doing something by finding them via a live broadcasting app is really low, but the greater risk is strangers coercing them into doing something or exposing them to something; they'll be livestreaming on twitter with hundreds of people watching and talking to them, telling them to do things, they'll ask for their Snapchat or Instagram or whatever, trying to get into a private 1 on 1 interaction with them, etc. Very little physical risk, but who wants some dude halfway around the world asking their kid to flash or sending them dick pics?
Anyway, point being is I think parents should be as aware of their kids' activities online as much as they are aware of their real life activities; maybe even moreso because you don't accidentally end up in the basement of Chicken on the Way but you can easily accidentally do the online equivalent.
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Uncertainty is an uncomfortable position.
But certainty is an absurd one.
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