my brother got this for 2nd grade and we trying to figure out stuff
I would highly advise against putting recycled cotton, or denim insulation your basement, as these are both organic materials and create mold problems, especially with the cold dampness of a basementFiberglass is basically strands of glass that are so thin they look like hair, and you get that itching sensation from it, because it scratches your skinPutting the old insulation in your Attic is fine, and you can leave the paper on the back or you can remove it, it doesn't make that big of a difference.
dried milk and condensed milk probably.
Did you check the R rating of the recycled cotton or denim insulation to see if the R rating is as high as the fiber glass insulation?