I think a lot of families do this.
They put in money in a bank account in which they dedicate that to their children usually for their college fund or something like that. I do see the point but honestly I think it would be better if you just put it in to crypto. Even if it is locked, fiat money will still lose value over time unlike in crypto especially in bitcoin.
Yes that's right. This is what often happens to many people who lock their bank accounts to dedicate the money at a later date, in other words they make a deposit. Because for them deposits have better protection than saving money in crypto because they are afraid of scammers or hackers. In fact, if they study crypto well they will benefit in the future and can even achieve financial freedom for the future of their children and grandchildren.
That's why they prefer deposits because the system of money parked by the bank and its disbursement must have two layers of security which is definitely more guaranteed. In fact, if they were critical, they would realize that making a deopsitio or locking an account at the bank means the profits will not be worth it in the long run because money will lose value every year due to inflation. So I still recommend investing in crypto rather than locking money in the bank.