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Author Topic: Bitcoin as a graduation gift... what's a good way to do it?  (Read 1133 times)
notig (OP)
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May 18, 2013, 03:28:48 AM
 #1

Anyone have an idea? I want to give my sister a bitcoin for graduation. Should I keep a backup copy for her?
saddambitcoin
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May 18, 2013, 03:31:55 AM
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Paper wallet?  Or a physical bitcoin from the physical bitcoin producers? 

I have also sent bitcoins as gifts using Coinbase, you can send to an email address and the recipient has to create an account to  claim their payment.  However if it is unclaimed after 30 days it gets returned to you! 

colindean
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May 18, 2013, 03:37:48 AM
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If she's not a Bitcoin person, it may be best to give her something a little more easily kept. I've done this for a young relative who doesn't even know what money is yet, let alone what the value of Bitcoin will be when he is old enough to open the box and spend it!

https://www.casascius.com/
data_teks
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May 18, 2013, 03:38:47 AM
 #4

Get her a 1 BTC Physical Casascius coin and have it built into a cool snow globe so she can't spend it. (kind of like people who freeze their emergency cc in a block of ice in the freezer)

Who knows, might be worth a lot someday that pays off some student loan debt.
Elwar
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May 18, 2013, 04:16:00 AM
 #5

A quick and easy way is a paper wallet in a graduation card.

Include some links in the card for how to spend it:
blockchain.info/wallet to spend it
https://bitspend.net to spend it anywhere on the Internet.
http://www.gyft.com to spend it with a gift card.

First seastead company actually selling sea homes: Ocean Builders https://ocean.builders  Of course we accept bitcoin.
notig (OP)
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May 18, 2013, 06:23:28 AM
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would it be cruel to do like an 8 year delayed transaction so they couldn't spend it until that time? aha
Elwar
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May 18, 2013, 06:26:18 AM
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would it be cruel to do like an 8 year delayed transaction so they couldn't spend it until that time? aha

I have looked into delayed transactions. It is possible but the client has to still be running at the time of release.

First seastead company actually selling sea homes: Ocean Builders https://ocean.builders  Of course we accept bitcoin.
Wardrick
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May 18, 2013, 06:37:40 AM
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There's really no good way to do it. Most people end up spending them on drugs and gambling.
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May 18, 2013, 09:11:43 AM
 #9

I think a physical bitcoin would be the best plan, I think these are what people are going to end up trading with the most in the real world really, no one's going to wait around for confirmations by trading on each others laptops etc. Cheesy
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