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?
For some reasons, maybe it would. Bitcoin does not only teach people to earn money but also to save it for further more important purposes too. If our children will get to know bitcoin as early as they can, they would totally have an advantage over the things they may do in the future with their bitcoin and their knowledge about it. We should not let our children have a mindset as a one day millionaire because it would only lead them to brokenness.