Hey, I'm not old but I'm closer to old than young. I was fortunate to get into the stock market early and even a couple ipo's which led me into real estate etc. so now I'm in crypto, follow it, read it still trying to figure it out. Anyway, although everyone is now talking Bitcoin I think this story has sent a message about saving and investing to younger people. I don't think speculation is a good lesson but the ability to do more with ur money than spend it or gain no interest in a bank account is a good thing and I only learned it by listening to others as I was making my way.
I don't think btc is the answer to everything and it could even crash, that would also be a lesson, but the US population in general does not save a lot of money, perhaps this new development could help change that.
Actually, this is a good point. The young people of today gets involve in a lot of activities, specifically studying which keeps them busy from the potential of earning money at a very young age. The good thing about bitcoin is that it doesn't consume a lot of time at all, and it can be learned and done without disrupting the scheduled activities of young people.
Throwing money at bitcoin does not necessarily take a great deal of time/effort. Most exchanges are relatively good at taking money and facilitating turning it into cryptos. However I would be very cautious about recommending people just throw money at anything, especially bitcoin (or any crypto for that matter). The lessons that crypto can teach is to be self sufficient/accountable, looking after your own security as there is no one to run to if you make a mistake, doing effective research and looking into multiple sources and not just taking the first point of view that you see, the typical time value of money vs investing for future comforts, and most importantly analyzing risk and developing a risk level that you are comfortable with. Some of these lessons are bigger than crypto and can transfer to other aspects of life. Unfortunately people don't always pick them up/or are not taught them so I think crypto is good for your people as it allows these opportunities.
Gains are nice, especially fast and strong gains but don't just throw money at something hoping for a miracle. THAT is how you get a bubble.