Bitcoin Forum

Did you know that paper wallets also come in special holiday-themed editions?

And, I bet you didn't know of all the cool gifts you can give to further improve the security of your BTC.

Truth is, I have never come across a guide that actually educated people on how to best gift Bitcoin as a Christmas gift. So I set out to write my own guide, right before the gift-giving season is fully underway.

In it, you can find all the steps and information required to make this year's presents unforgettable. So if you have a little brother or a mom you want to give Bitcoin to (I know I do), feel free to check out my detailed guide.

You can read it here: https://paybis.com/blog/bitcoin-for-christmas/ (https://paybis.com/blog/bitcoin-for-christmas/)

Additionally, I have added a list with gift ideas in case you want to gift a Bitcoin-themed or Bitcoin-related gift. These are non-affiliated products, most of which I own myself. So feel free to check those out too and, why not, even add some ideas of your own.

Thanks guys.

A paper wallet is a horrible way to gift bitcoin. The person who is receiving has to trust both your honesty and your technical capabilities 100%, that you haven't secretly kept a hold of their private key and that you have created the paper wallet in a secure fashion. Additionally, you guide says nothing about downloading the page and generating the paper wallet on an airgapped machine. Creating a paper wallet on a live website is the best way to have your coins stolen. If anyone was to gift me a paper wallet, I would be sweeping all those funds immediately. Better to gift them a hardware wallet and then send them some coins after they have initialized it themselves - doing so would also teach them a lot more about security, seed phrases, and so on, than simply handing them a paper wallet.

Those crypto socks you linked to are cool though. Might get myself a set, even if the Ripple ones would have to go directly in the bin.

usually when you give bitcoin as a gift to someone, you should think of it as giving them some "money to spend" not an "investment to hodl"! with that view, your concern becomes moot so far as the paper wallet that is being gifted could even have an "expiration date", meaning a date where the gifter keeps the private key so that he can reclaim the coins back if they weren't spent already.

after all the point of giving away bitcoin should be to help people become more familiar with bitcoin, and their first act could be creating a new wallet and sweeping the key they received as gift. and the second thing would hopefully be to spend the coins just as they spend fiat.

(i agree that the creation steps should become safer though)

Those are 13 nice ideas on what or how to give Bitcoin stuff as a Christmas gift during this season of giving. Great options to different kinds of Bitcoin friends, depending on how well immersed they are into it. They certainly have different degrees of appreciation on those various stuff.

If I may add though, it is also a great idea to give a Bitcoin stuff that is a collectible or a limited edition. Or one that has a value in itself because it is rare or because it is made from gold or silver. It is best if there is also a certain amount of BTC loaded into it. That makes everything more precious.

I don't think paper wallets would be a great idea, why not just send them some bitcoins when they are sleeping at night, it would be more surprising that way, and more safer than having paper wallets, it will save your time also, you just have to put some effort on sneaking in their room at night, scan their QR code, and there you have it, mission success.

As much as I love Bitcoin and would like to receive BTC for Xmas I don't think that it would make a good gift for another person who doesn't know how to use it especially because it is virtual.

If I were them I would rather receive a tangible gift. But that's just my 2 cents.

I know that for everyone of us here, money is really valued as it is not that easy to earn, so no matter what I can received this christmas it is fine for me. Actually, I am planning to buy some cryptocurrency souvenirs for myself and for my family and friends, as this is a unique and cool thing to gift right now as this is not yet the common thing to give.

Merry Christmas Mom,

Here is 1 Bitcoin for you.
Please just do research on how you could exchange it to fiat.

Love,
Son

I don't want to give my Mom the headache to read instructions on how she will get the money.
As of now traditional people just want that paper fiat and they will have that smile that will almost rip their lips up to the ears.
Something like this.  ;D
That is enough for me.
Not much of our old man or woman are into the internet by now. Some of them still lives in the stone age.

Once I planned to gift bitcoin to my friend on his wedding. Later due to some sort of technical issue I wasn't able to gift it. Myself planned to carve the Barcode of the wallet as a keychain. Now more websites have begun to do the gifting as a service. Probably by 2020 christmas gifting bitcoin or gifting with bitcoin will be made much easier.

Other factors have to be considered, such as the value of Bitcoin to be given and the technological literacy of the beneficiary. The amount should be substantial enough to convince the beneficiary to do extra effort in claiming his gift. Technological literacy is also a factor, as people with lower literacy in using technology such as other adults, might find it not worth the extra effort.

No, I prefer something more classic. Bitcoin gifts are not the best idea.

It may be a headache to your mom if she doesn't know how to trade bitcoin to the exchange. But if your mom is a tech person i think it would be easy for her to do that. But on the other hand, why do you have to give your mom a headache if you know she can't understand it. Why not give her the money in fiat straight to her via gift or via sending it to her bank account?

I think it all depends on the person who would receive it.
Paper wallet or  hardware wallet would be good if the receiver knows how to use it,
If the person doesn't fully trust the person then he/she could just send the crypto to his/her own wallet after they receive it.
Just don't expect too much from someone who doesn't know how it works or isn't interested in crypto theycould just easily forget about it or misplace it.

Many prizes can be given with the theme of Bitcoin, depending on the preferences of the person you want to give a gift to.
Giving a gift in the form of paper wallet containing a bitcoin gift, in my opinion is too ordinary.
There must be a new way to give prizes with the theme of Bitcoin.
Can create bitcoin-themed works of art or more modern ones giving Hardware Wallet as a bitcoin and altcoin wallet.
The most important thing is the gift can be something valuable and impressive for the special person you are giving a gift to.

I completely understand your point, but keep in mind that this would be a gift, and a gift that could be redeemed immediately and secured in a wallet that the gift-giver wouldn't have the keys to.  And since it's free to the recipient, there's no risk to him or her.  They don't have to keep the coins in the paper wallet, that's what I'm getting at.

I think it's a great idea if you know someone who might appreciate a gift of bitcoin.  Unfortunately, I've got nobody in my life who'd want to get bitcoin in their christmas stocking.  

Edit:
Ah, I didn't read your post before writing mine.  That's what I was getting at.  It's easy enough to verify that the paper wallet wasn't compromised and easy enough to secure the coins it contains right after receiving the gift. 

Pretty much the tldr; If you're planning on giving out bitcoin as a gift, probably pick people that's decently tech savvy(someone that atleast knows how to follow instructions on the internet), that you think could possibly be interested in bitcoin. I don't think it would be a good idea to just randomly give them away to random friends and family that would probably just roll their eyes on your magic internet money.

^at least this is how I see it.

I hope the one who will receive this paper wallet knew how to redeem it. Paper wallet doesn't come with a tutorial on how to do it but sure someone who likes BTC will sure like it.  

I tried giving someone some BTC after telling him to install a wallet in his phone. When he found out its just 0.04BTC he wasn't impressed. He thought I'd give him 1BTC so make sure the one who will get the BTC knew how to appreciate it.

A hardware wallet or some crypto if they already have one.

Wow this is something I actually didn't know existed. Sorry if I sound like a noob here but I'm a real sucker when it comes to these types of Christmas themed goodies. I don't celebrate myself actually as my country isn't really much into it but I'd really like to see more of these. I think the paper wallet also doesn't need instructions, they should be for yourself, not for others, IMO. You teach someone BTC that should be enough as a gift;)

I have printed out a few nice looking paper wallets that I will fund just before the end of the year and give it as present. Hopefully the price from that point increases which is always a convenient way to get their attention.

That being said, I have been giving away paper wallets regardless of the time of the year. Giving some coins away for free helps onboarding people and hopefully they will do the same as seasoned Bitcoiners so that the word keeps spreading.

Here's the thing, in some countries they have some traditions wherein, they visit their godfather or godmother and received some gifts from them. And I think incorporating cryptocurrency in that scenario will provide them with new way of receiving gift. What if we encourage them to have their own wallet, and what we need to do is to scan it and give some bitcoin as a gift to them. In other sense, if they cannot visit us, still, we can send them our gifts and they could be the one to buy items from bitcoins we sent.

It would be awesome if only I have BTC to give to my friends as a gift. Few of them are into crypto too so I know they'll be happy to have at least a few BTCs on their wallets.

On the other hand, none of my family members is into cryptocurrency so it isn't advisable for me. They prefer things or perhaps money as Christmas gifts.

I think paper wallet is a cool christmas gift, you can attach it with the christmas card but it should be for the one who use Bitcoin only.

It is really great to receive bitcoin as a gift. If someone is willing to give me bitcoin as a gift, I would love to. But me giving bitcoin as a gift is still a 50:50 choice for me  depending on the person I will give one. Because I wouldn't bother to give people who doesn't know bitcoin because they might end up not appreciating my gift. And I won't bother teach everyone I'll be giving just for them to understand it. Unless they are willing to learn...

If i will gift to somebody bitcoin they will decide that im mad

It's quite unique but my problem in this kind of gift is that most of my relative and parents didn't know or let's say they didn't care about bitcoin and other crypto currencies. I even said to them if in case I will give them gift via crypto currencies, are you going to accept it and they frankly said that it's better if I will just give them fiat rather than headache in learning how to cashout the crypto currencies.

But I am positive that in the future, they can adapt the modern system of currency and we can easily use the crypto currencies in any form of gift that we like.

Wait a minute, so are you saying that they will think that you are mad if you give them bitcoin? Am I right? If so then a big WHY? How come for them to still have the guts of getting angry after ypu show a piece of generosity? I hope you will clarify your side because I'm really curious on your post :).

if there are people who give bitcoin for Christmas gifts it might look interesting and also strange, but we must still provide knowledge about the instructions for use if the person does not know how to use bitcoin.

That was a very nice idea in which if they want to give a gift to their loved ones then they can create a online wallet or blockchain wallet so that they will just scan the qr code then transfer a money as sign of a gift to the incoming christmas, I hope this would be applicable to those persons who are really intent to give some things or gift in a form of bitcoin and etc. or maybe they can also give something that can commemorates bitcoin just like for example, a physical coin or token of bitcoin or ethereum or other coins that may resemblance to bitcoin, I guess the person that will receive the gift will be happy after he/she will get a physical coin.

If his relatives / lovers are bitcoin users for a long time then it doesn't hurt, if he gives a bitcoin gift as a christmas gift then it's a good idea, of course he has bitcoin very abundant and very rarely discussed in this forum, talking about this, it was a decision him, it might be very difficult for us to see prices that are very unstable lately and very difficult to guess, so if it makes you good to give prizes in the form of bitcoin then that's his decision.

Don't make gits with a paper wallet as you can instead buy a sweater of Bitcoin logo with cool Christmas design as I'm sure everyone would love to wear one especially when the next pump will come. Another great idea for a gift would be some tokens or a cheap masternode in order to introduce them to the crypto world. If you have big money you can also buy some travels vacations with Bitcoin or even a miner.

That's pretty amazing, really aiming for that too, I am also thinking of some giveaways that I could give my friends, especially for those who are able to help me during those time that I am just starting, I am really thinking to have a mug with a logo of Bitcoin, so that they can be always reminded of Bitcoin.

Absolutely. I can't even fathom the idea if giving someone a paper wallet. This is like giving someone a house and making a skeleton key to keep. I wont even bother about the trust issue. Lets assume you can trust them. Like stuff can happen. Where did they put the privatekey? Did they remember to delete after the gift receiver used the privatekey to restore a wallet? This is a terrible way to introduce people to bitcoin. They might incorrectly believe bitcoin is not secure. Rarther make a card for xmas and add 2 qr codes. The first is lead to a trusted and secure wallet homepage that is easy to download from. The next will be the the payment which you scan with qr code and receive. I know there is a website that lets you lock crypro in a qr code and it will add to your balance after scanning. This is what you want.

Rather than giving kids what they can use in the future, better to teach them how they can use crypto right now by showing and spending it for them. It'll be better for time crypto community as genuine increase in the volume.

I think this idea will be much better because the paper wallets because it's even faster and better though! I'm sure they'll be surprised in the morning when they just opened their wallets and they found some bitcoin on it. Like someone's anonym spoil them with $$ worth of bitcoin.

Oh my god! I don't know why you got this idea, but it's really a scary idea! Giving bitcoin is good, but not paper wallets, we have a whole bunch of security issues on a paper wallets. You can donate bitcoin in many different ways, a hardware wallet maybe is the best gift for your relatives. You should also choose a cryptocurrency whose future can bring big profits. I have no suggestion, because it's not my specialty, but if it's you, it's not difficult to choose a coin for gift, right? Good luck!  :D

cool idea . i dint think about that  .  i didnt know that we can also put designs ( christmas designs ) before we print out the paper wallets instead of seeing old plain boring paper .

physical bitcoin coins and other crypto minted coins are also a cool way to gift to a friend that are also into crypto knowing that these kind of items are rare and not available on majority of places and countries   . tshirts and other items that are  printed with cryptos are also cool though  .

I'd never give a paper wallet myself. I've seen plenty of tales from people having relatives calling them up a few years after handing them over with no idea what's happened to them. Even if you back it up and keep it there's no guarantee they won't leave it lying somewhere for someone else to pick up and have away.

For my nearest and dearest this Christmas I will be using BTC to buy a gift that will transform their lives - 1 kilo of the purest Afghan heroin.



I'd also never give anyone a funded coin. There's absolutely no way of backing that up and they may inadvertently chuck it away. I've learnt over time that it's pointless giving something you value to someone who won't. There's no end to the slackness and disrespect they'll demonstrate towards it.

Pretty much this. Isn't a gift supposed to be something the receiver will like, rather than something the giver likes? It'd be like me gifting power tools to my future child.

I would never gift bitcoin as a Christmas gift, unless it was someone I knew was already interested or involved in bitcoin. I still speak to people throughout the year, and I'm usually more than happy to gift a friend twenty bucks of bitcoin to get them started and experiment with, but giving someone who doesn't want it as a Christmas present just feels tacky to me.

I used the black friday deal that Ledger had to buy a few sets of their Nano hardware wallets as gift to those who already own crypto, but are too much of a cheapskate to buy a harware wallet themselves. This way they can stop leaving their funds on an exchange and thank me later when they aren't victim of a hack or a rogue exchange not allowing them to withdraw.

Gifting Bitcoin to those who aren't into crypto but know that the price tanked hard isn't a good idea. I did it once myself and had to explain constantly why the price kept going down while Bitcoin according to me was so revolutionary. Not doing that again. Common joes are hard to deal with, mainly when they think they know how things work better than anyone else.

Yes, but it's a very original gift.If I give bitcoin to someone for a holiday, I will offer one condition - to open this wallet in 10 years.I am sure that then they will remember me and thank me for the gift.

Basically sometimes we need to be the one to initiate an information for them to know bitcoin instead of them just freely knowing it to the social media sites that could turn out to be negative when the information that they could get is based from frauds and scams occurred online. For me, the initiative to gift them even with just a cold bitcoin wallet such as cards that contains bitcoin is already an effective way. Especially if we are to give it to them during Christmas, it will be imparted on their mind that they received something unusual, and because of this, their knowledge about bitcoin scams could be turn out to a nice present and a bright future for bitcoin as well if ever the recipient becomes curious and starts to use bitcoin as well.

The best way to gift bitcoins is to gift them in a hardware wallet in a festive Christmas package. If the budget is limited, then of course fit stylized Christmas theme paper wallets. Do not pay attention to the fact that someone here writes that a paper wallet is an inappropriate gift. On the contrary, I think it is a very important, valuable and interesting gift. The main thing is to give it with love and correctly explain what it is.

If you'll be gifting to a person without knowledge about bitcoin and you want to introduce it to him/her it's better to give him physical stuff like shirts with bitcoin inspired design. If the person you'll be giving a gift is a crypto man, give him some bitcoin in his wallet, not on separate wallet it will be good for sure :)

i agree using paper wallet is not really a good idea for gift especially to those who dont have knowledge in crypto
some crypto user dont even know how to use paper wallet or what is paper wallet
the real best way is to send them coin directly or give them physical stuff with bitcoin design

Gifting a hardware wallet with bitcoin already on it is an even worse idea than gifting a paper wallet. The person now needs to trust that you have securely initialized the wallet, correctly and securely copied their seed phrase, gave them the real seed, and aren't keeping a copy of it yourself. You will also be able to derive every address they will ever use. Not only is this a huge privacy and security risk, it also teaches them terrible security practices right from the beginning.

If you must gift them a hardware wallet, gift them it brand new, let them initialize it themselves, and then send them some bitcoin.

Just like others mentioned. The person receiving the paper wallet has no clue if the private keys of the wallet has been compromised while being delivered  to him. Again, what if the person who you have sent the paper wallet has no clue on how to use it and gets destroyed in the process? There are many other ways to gift bitcoin, but gifting a paper wallet isn't the wisest thing to do to be honest.