That culture is more common on Asian countries where children are used as retirement funds by their parents. That's why it's difficult to escape poverty by the generation as each new generation will be tied down to the financial mistake of the previous generation by some sense of tradition and moral obligation.
It's programmed and I see how it costs a lot of families their wealth. I find it both irrational and understandable. Some people just prioritize family over wealth which is nothing wrong but how it plays out is something that has been a persistent problem for years.
I used to think of crypto as a revolution for anticensorship and spreading wealth without borders but those old values changed as you say. Now it's treated like quick cash grabs. I still believe in it's power on the sense that it is easy to get into compared to institutional programs for investing. Not an ideal way to start financial literacy training but if it's more simple and lucrative to understand, I'd go for it.
I did some math on what I could gain on investing on Hive despite the failure of it being an investment, it still earns me more than 10x what I get from dividend stocks from my country and I only need to invest half the money I put on my stocks to get those large returns. 3rd world advantage I guess but still life changing to think about long term.