Bitcoin Forum
July 07, 2024, 10:32:52 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2] 3 »  All
  Print  
Author Topic: Carry empty paper bitcoin wallets with you  (Read 1678 times)
socks435
Legendary
*
Offline Offline

Activity: 2016
Merit: 1030

Privacy is always important


View Profile
July 26, 2016, 05:30:04 PM
 #21

Better to help a new user download Mycelium to Android or Breadwallet to iPhone and send them a small sum of bitcoin to get them excited. Teach them how to buy more.

This is the strategy and the way which is pretty good. Now that everyone is using smartphones for each activity done, but we must also give sufficient bitcoin so they could feel and start thinking for using bitcoin
I think if we are just the same as brazil that has 150 stores are accepting  bitcoin as payment.. i think bitcoin will be growing fast.
And i think they can understand easily how bitcoin works because they can use your giveaway bitcoin to buy in stores that accept bitcoin payment..

Solving blocks can't be solved without my rigs.
upsidedown75
Legendary
*
Offline Offline

Activity: 1288
Merit: 1036



View Profile
July 28, 2016, 07:09:40 PM
 #22

I did the same at work, but I only gave away some Bitcoins to the people who were genuinely interested and those who asked questions. I always have the option to swipe those coins, if these people

did not use or transferred it to their own Bitcoin address. { I keep a copy } ... I told them, if they did not use it or transferred it to their own Bitcoin address, I would take it back. You only need to give

them small amounts ... between $5 and $10 as a startup fund to play with. So yes, it is a good idea.  Grin
Letting them keep the bitcoin might actually be a better idea, it gives them more flexibility as they can have more long-term things that they can do with it. Hopefully you didn't tell them that you kept an extra copy of the key- that would make me transfer the BTC right away, lol.
btvGainer
Legendary
*
Offline Offline

Activity: 854
Merit: 1000


View Profile WWW
July 28, 2016, 11:14:47 PM
 #23

Paper Wallet? I never though of using Paper Wallet to introduce someone about bitcoin.
Maybe this could solve my problem when i introduce bitcoin to my friends Smiley
But wouldn't it be much better to introduce them bitcoin with online wallet first.Since you intend to give some small amount,keeping them on paper wallet will not encourage him to spend bitcoin and get to know how bitcoin works.
OROBTC
Legendary
*
Offline Offline

Activity: 2912
Merit: 1852



View Profile
July 29, 2016, 01:47:40 AM
 #24

...

Two thoughts:

1)  Unless your friend would be interested in Bitcoin, I do not think it is worthwhile to push anything on them.  BTC is not drop-dead easy for beginners to use.  Nor is it worth it to "cast pearls before swine".  The little bits of BTC would likely just stay idle...

2)  And, yes, as various above have mentioned, it would probably be easier (you and him) to help him set up an online wallet on their smartphone.
7788bitcoin
Legendary
*
Offline Offline

Activity: 2282
Merit: 1023


View Profile
July 29, 2016, 02:50:23 AM
 #25

Paper Wallet? I never though of using Paper Wallet to introduce someone about bitcoin.
Maybe this could solve my problem when i introduce bitcoin to my friends Smiley
But wouldn't it be much better to introduce them bitcoin with online wallet first.Since you intend to give some small amount,keeping them on paper wallet will not encourage him to spend bitcoin and get to know how bitcoin works.

I think paper wallet will be a good idea. The paper wallet should be designed to have the instructions on how to use bitcoin- maybe with website or point to a reputable online wallet.
jakelyson
Legendary
*
Offline Offline

Activity: 2226
Merit: 1069


View Profile
July 29, 2016, 02:58:54 AM
 #26

If people inquire about bitcoin perhaps give them one.

I was at a shop last week and he asked how I would like to pay.  I said bitcoin or Visa, he said oh that is still around?  Explained a bit and gave him 2mBTC. 

Spread the info to those that are interested!  (I also have made a bitcoin for beginners cd LOL!)

By giving him a paper wallet you may know the private key Tongue, on these days in most popular/rich countries people have android or iOS i would suggest like BNM above a mobile wallet. I like your idea by saying "bitcoin and visa" this is how us should promote bitcoin to others.

He could not actually make someone download something on their phone while at work. But on any other situation, it is better if we show others how to use bitcoin wallet and how to fund or spend its content. And an initial amount is also very good motivator specially if the exchange rate is very high. They will be tempted to explore it more.
mobnepal
Legendary
*
Offline Offline

Activity: 1218
Merit: 1006


View Profile
July 29, 2016, 04:14:05 AM
 #27

I think giving paper wallet with balance is easier however we also have to explain them about other web wallets too because they may find it difficult to pay just through paper wallet.

Better to describe them how easy is to carry bitcoin with paper wallet and how they can easily spend those bitcoin from paper wallet via online wallet will be enough for techy guys to develop interest over bitcoin.
Kakmakr
Legendary
*
Offline Offline

Activity: 3472
Merit: 1963

Leading Crypto Sports Betting & Casino Platform


View Profile
July 29, 2016, 05:53:47 AM
 #28

I have some paper wallets as a backup in my fiat wallet next to my "paper" notes. You never know, when you walk into a Bitcoin conversation and someone wants to buy some Bitcoins or see the physical form or representation of the currency. I usually just help them to create a wallet, but it is good to show them that it can have a physical form too. ^smile^ 

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
ObscureBean
Legendary
*
Offline Offline

Activity: 1148
Merit: 1000


View Profile WWW
July 29, 2016, 06:34:28 AM
 #29

I have heard people giving out these paper wallets and after a month still seeing no movement on those coins. I think its more complicated for someone to be introduced to bitcoin through a paper wallet.



Yea it doesn't surprise me at all that most of those coins don't move. I'm pretty sure that by the time you finish explaining how it works most non-techies would have already forgotten what the first step was  Cheesy They would probably still politely accept the paper wallet and thank you for your effort but I doubt most would bother beyond that (of course if you're giving them a few hundred dollars worth of Bitcoin, it's going to be a different story  Grin )
Your CD/DVD idea however is not a bad one, it's much easier for people to give the CD a try when they have some free time.
NorrisK
Legendary
*
Offline Offline

Activity: 1946
Merit: 1007



View Profile
July 29, 2016, 06:42:59 AM
 #30

I like the idea to carry them around. Especially as more and more people around me start talking about bitcoin and (stupidly) buy and hold them on exchanges now.. They are not interested in learning about cyber security and desktop wallets, so instead they just hold in exchanges.

Showing how easy it is to fund a paper wallet and then explaining how to get the coins moving again could help new people. Especially the second part will need a lot of attention, else the coins are likely to end up in the trash bin in a few months when they find it on a stash of papers not knowing what to do.
helloeverybody
Legendary
*
Offline Offline

Activity: 1008
Merit: 1000


★YoBit.Net★ 350+ Coins Exchange & Dice


View Profile WWW
July 29, 2016, 06:47:34 AM
 #31

I had thought of doing something like this for friends ive got that have shown some interest in bitcoin but i decided against it. My main reason for siding against it was i can imagine i would give them a paper wallet even with just a small amount and then they would either A-not bother swiping it and losing the paper wallet or putting it through the washing machine or B- swipe the paper wallet into a wallet on their phone or something and then forget all about it and eventually the coin would get lost in oblivion. Maybe i just have rubbish friends though.

Decoded
Legendary
*
Offline Offline

Activity: 1232
Merit: 1030


give me your cryptos


View Profile
July 29, 2016, 07:06:54 AM
 #32

Gave 0.1 each to my friends after the crash. Celebrating cheap bitcoin. Gave away almost one bitcoin. Only ~200 aud at the time, now almost $1k AUD. So pissed.

looking for a signature campaign, dm me for that
plpbtc1526
Member
**
Offline Offline

Activity: 70
Merit: 10


View Profile
July 29, 2016, 07:23:00 AM
 #33

If people inquire about bitcoin perhaps give them one.

I was at a shop last week and he asked how I would like to pay.  I said bitcoin or Visa, he said oh that is still around?  Explained a bit and gave him 2mBTC.  

Spread the info to those that are interested!  (I also have made a bitcoin for beginners cd LOL!)
good idea,this is why papper wallet have better used for explain to newbie how and what bitcoin is,for payment or investment,i think shop will better have more payment option,adding bitcoin would be great choice.
Yup, that a good idea. As a matter of fact, there are several establishments accepting bitcoins. Amazon is on the way. They are working on it. Here in my country few shops are accepting bitcoins as payment. I hope many establishment are working on that way of payment. Im sure many people will be happy especially the bitcoin owners.
Carlton Banks
Legendary
*
Offline Offline

Activity: 3430
Merit: 3074



View Profile
July 29, 2016, 07:39:10 AM
 #34

If I was in an evangelical mood, I don't think paper wallets are the way. They remove the most interesting elements from the whole thing which is the live exchange/internet aspect. They're also more than likely to discard or lose it.

Far better to get them to download a wallet to their phone and they can watch a live transaction take place. Even then they'll probably lose their seed.

Paper wallets could be improved using CLTV, i.e a mBit tip pays itself back to an address owned by you in, say, 30 days (but only if the receiver of the tip lets it happen, they can redeem the tip to a different address themselves if they are truly interested). Make the person you're tipping aware of the time-lapse, and all is well in the world.

Vires in numeris
groll
Sr. Member
****
Offline Offline

Activity: 336
Merit: 250


View Profile
July 29, 2016, 07:44:59 AM
 #35

Explained a bit and gave him 2mBTC.  

Best way to spread bitcoin, gave small amounts to people to try to use it. Its fastest learning way.

Ye it is indeed. Experiencing bitcoins right away is the best way to learn and understand bitcoin. Carrying empty paper bitcoin wallet seems a good idea but it will not really be effective if there are no orientation activities and seminar that will follow. But at least it may somehow help people know that bitcoin is existing online at it has a certain value.
bjman
Newbie
*
Offline Offline

Activity: 35
Merit: 0


View Profile
July 29, 2016, 07:54:12 AM
 #36


I think if we are just the same as brazil that has 150 stores are accepting  bitcoin as payment.. i think bitcoin will be growing fast.
And i think they can understand easily how bitcoin works because they can use your giveaway bitcoin to buy in stores that accept bitcoin payment..

I am really impressed that bitcoin is growing is Brazil. The financial system has so much govt. intervention that I thought it would be difficult for bitcoin to make inroads.

eternalgloom
Legendary
*
Offline Offline

Activity: 1792
Merit: 1283



View Profile WWW
July 29, 2016, 08:43:51 AM
 #37

If I was in an evangelical mood, I don't think paper wallets are the way. They remove the most interesting elements from the whole thing which is the live exchange/internet aspect. They're also more than likely to discard or lose it.

Far better to get them to download a wallet to their phone and they can watch a live transaction take place. Even then they'll probably lose their seed.
I think the opposite, you don't have to spend too much time explaining everything and when they get home, they could just look everything up themselves.

If you add some additional information on the paper wallet, you could make it easier for them.

jakelyson
Legendary
*
Offline Offline

Activity: 2226
Merit: 1069


View Profile
July 29, 2016, 08:50:21 AM
 #38

Gave 0.1 each to my friends after the crash. Celebrating cheap bitcoin. Gave away almost one bitcoin. Only ~200 aud at the time, now almost $1k AUD. So pissed.

Don't be pissed. You helped in advancing bitcoin by getting more bitcoin users. They became bitcoin users after that, right? 10mBTC is quite an amount considering today's price. But I am sure it was nothing back then. At least what you gave away went into something worthwhile. Not like mine. When the price was still low, some of my bitcoins was just wasted away by gambling.
1Referee
Legendary
*
Offline Offline

Activity: 2170
Merit: 1427


View Profile
July 29, 2016, 09:04:38 AM
 #39

I often suggest people that haven't heard about Bitcoin to create a wallet at blockchain.info and install the apps Bitcoin Aliens and Bitcoin Free. They often like it and it will make them look into Bitcoin a bit further as they will get more and more familier with it. On top of that they are also earning a few bits. What's better than free coins? Grin
StarofBTC
Hero Member
*****
Offline Offline

Activity: 1148
Merit: 528



View Profile
July 29, 2016, 09:18:14 AM
 #40

I also planned to store my bitcoins in a paper wallet. So , I have generated a new paper wallet on my newly formated PC and went to a Photo studio for making a colour photo print of it.
          When I was carrying that bitcoin paper wallet , most people's who saw it in my hand asked me " What is it ? " and " What is it's purpose ? "
 
I explained everything about bitcoin to them and told me that they are also willing to learn more about bitcoin and other cryprocurrencies. I really enjoyed while explaining people's about bitcoins.
Pages: « 1 [2] 3 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!