So I have 2 cousins. One of them doesn't save and is a huge spender while the other is a saver and spends only once a year. So would bitcoin be a good way to teach them about saving? Since, mining bitcoin is the only way to make alot of bitcoin, I would use a alt wallet to show them what happens if you spend and don't save. What do you think?
Well, I guess it can teach kids about saving, but I think there are bigger problems to tackle for our generation's education than introducing them to Bitcoin.
Bitcoin generally is a very complex structure (as mentioned by masterwakokok7) and it may not be such a good idea to introduce the young to this world of the blockchain just yet. Saving or spending is up to themselves to decide, and while Bitcoin has the potential to enforce saving, it ultimately comes down to the character of the individual to decide that.