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?
yeah maybe we can give understanding to the children about the benefits and advantages of saving with bitcoin as an example
But it's still complicated for them to learn how to use internet + money.
They should learn from how to use fiat wisely and then step by step , they will figure it out how to use bitcoin in proper way
Before trying to teach I think it is important that we understand the concept better ourselves, how many people in the forum took the time to read satoshi's whitepaper? How many people have taken the time to read some books about economics? So before trying to teach we need to learn the subject better ourselves so we can explain to other people why bitcoin is better than fiat.