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RE: Rinse and repeat generational investment

in LeoFinance3 years ago

Yes I do agree with you that not all the kids will have the financial acumen required even though they have a savings account. Crypto funnily enough does teach you how to save as it offers decent interest. Many kids will have a decent sized bag if their parents have added it to a defi type project or have staked it and not just sitting in a cold wallet somewhere. Maybe they will end up wasting it as easy come easy go is the generation that is around now and wen Lambo.

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It is not just the saving in crypto imo, it is the ability to interact with the economy directly and largely transparently. You can see the mechanics at work - which is a great lesson for anyone.