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Question: cash or digital, what's your favorite way to receive money as a gift?
cash - 10 (24.4%)
digital - 31 (75.6%)
Total Voters: 41

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Author Topic: What's your favorite way to receive money as a gift? Cash or digital..  (Read 647 times)
jhonjhon
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October 25, 2019, 11:12:51 AM
 #21

Depend on the people who were fully oriented on crypto, they want to accept digital currency as a gift. Aside from that, that is very convenient to transfer as a gift even you are far away your family. So, why not accepting digital currency or let say bitcoin as your gift.
Even me, I really appreciated it if there is someone sending in my wallet and say, "my Christmas gift to you please accept".

Yes, it depends on the person who will be receiving the gift, some may prefer digital currency since it is easy and faster. Some may also prefer cash because they might not have a wallet or they are not familiar with bitcoin. As for me, I prefer digital currency for me not to spend it lavishly and it is easy for me to invest it in bitcoin wherein in cash I got tempted easily to spend it.
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October 25, 2019, 11:18:38 AM
 #22

i would say cash for now because most of the people i know that i have something to do with are not into crypto, only few are in crypto so any gift i receive interms of money from the non crypto peeps will most definitely be on cash, but if am the one sending to my friends who i know are into crypto and understand it, i would rather send using digital currency because it will save me the trouble of converting to fiat before sending.

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October 25, 2019, 11:29:18 AM
 #23

No wonder why, people are already adopting and accepting digital currency like bitcoin. Some people finally understand how a digital currency works, maybe they realize its value and the advantage on using it. Just like them i'll also choose digital, because it can be used for a lot of other things and its less hassle in making transactions and payments.

A lot of people now are understanding the benefits that digital currency can provide. I think a lot of people now are starting to understand that digital currencies, bitcoin for example does more good than bad unlike those televise on media, they are starting to appreciate and fully understand that digital currency cannot only provide convenient and secure transaction but can also provide better lifestyle. Anyways, I would love to receive a gift through digital currency to also help in the awareness of bitcoin.
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October 25, 2019, 11:33:55 AM
 #24

That's a very interesting statistic actually - I didn't know crypto-currencies where that popular and I thought that bank transfers/paypal payments would easily be on top. Looks like I was wrong...

I think this is largely due to crypto-currencies/digital currencies not being regarded as everyday funds, but more an investment option. People just seem to enjoy receiving BTC or other cryptos as a present and then keeping it for the future, otherwise, they would have preferred a more traditional payment method, would they have?

Great to see adoption going up nowadays!

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October 25, 2019, 12:31:09 PM
 #25

If I were to receive a gift, I would prefer receiving it as digital cash. I spend most of my fiat for my daily expenses and I put all my savings in crypto to avoid myself from spending it. I think it would also be more convenient giving or receivong digital cash as a gift, and you can also use to pay goods online if you want to buy something from it.

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October 25, 2019, 12:38:31 PM
 #26

If I were to receive a gift, I would prefer receiving it as digital cash. I spend most of my fiat for my daily expenses and I put all my savings in crypto to avoid myself from spending it. I think it would also be more convenient giving or receivong digital cash as a gift, and you can also use to pay goods online if you want to buy something from it.
Digital cash becomes popular nowadays. Receiving digital cash is much convenient than receiving cash. It can also be store anywhere to secure that it will not be spent and will not lose any time.
We tend to receive digital cash not only to avoid spending it immediately after receiving it but also because we all feel safe to use digital cash.


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October 25, 2019, 12:51:03 PM
 #27

I think most of the people who have choosen digital currency as a gift knows its importance and how do they actually works or say the importance of cryptocurrencies like bitcoin.Moreover its good to see the increasing adoption and craze among people of these digital coins as it is not only mode of payment but can be used for varoius other things at ease so they prefer them more like an investment oppurtunity compared to fiat and gold which have less return over long time.
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October 25, 2019, 01:00:27 PM
 #28

My parents are always use cash for gifts while friends prefer digital variant. Its all depens from age
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October 25, 2019, 01:14:00 PM
 #29

My choice would definitely be Bitcoin or any other cryptocurrency that I can exchange for it. The time of fiat currencies is passing. Why would anyone want to receive a garbage currency that is losing value on a daily basis unless he wantswant to invest into something ?!
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October 25, 2019, 01:18:54 PM
 #30

It's a good sign for crypto. But we can't really tell if it's real since there's only around 7,000 voters. It can't be a basis for the popularity of digital currency. And what if among those who voted, most of them are crypto users.
But honestly speaking, if I were to receive a money as a gift, I'd chose cash. Why? Because it's just a small amount of cash. No one would give me big amount of money as a gift. I will chose digital if it's a big amount of course. It's more vulnerable to bring big amount of money everywhere.
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October 25, 2019, 01:18:56 PM
 #31

Obviously the choice would be to receive the money in digital form because there lots of advantages of money in digital form than in cash.
The most important is the convenience and ease of making transactions online. In addition to that, I believe it's much safer to store money in digital form than to keep hard cash.

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October 25, 2019, 01:24:49 PM
 #32

people know how good crypto for future. they believe if they receive digital (crypto) it will give more someday, but you must patient. people already use digital money, so its not hard to use crypto as daily needed if they provide that service.
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October 25, 2019, 01:28:39 PM
 #33

money has been turning into digital form for way longer than bitcoin has existed and also the term "digital currency" has nothing to do with "crypto-currency" or "bitcoin" for that matter. bitcoin is a type of digital currency. and when people say "digital" they usually mean other means of receiving payment that is not in hard cash like a gift card, paypal,...
so don't get too excited when seeing that poll Wink

Indeed and I prefer either way.  Cash or digital money, I don't care which one they send me.  It is a gift so I appreciate it no matter what its form as long as it came from the good heart of person sending it.

people know how good crypto for future. they believe if they receive digital (crypto) it will give more someday, but you must patient. people already use digital money, so its not hard to use crypto as daily needed if they provide that service.

I doubt that they will hodl it.  I bet they will convert it to fiat the moment they receive it, well at least the people I known will do that.

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October 25, 2019, 01:33:27 PM
 #34

Obviously the choice would be to receive the money in digital form because there lots of advantages of money in digital form than in cash.
The most important is the convenience and ease of making transactions online. In addition to that, I believe it's much safer to store money in digital form than to keep hard cash.
Thru digital we are able to buy gifts that we wanted , in a much faster and easy way, no need to line in bank or see the sender personally. There are no reason not to give or delay the gift when its supposed to be in digital since no excuse like no time to send or no available banks to transfer.The chances that you can receive the gift is higher than when you meet personally, though it's still better to meet personally for bonding and to receive something thru forms of real present where they choose to give by themselves.

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October 25, 2019, 01:38:43 PM
 #35

I want to receive my gift in digital form. Cash is still important but the world is turning more digital especially in the cities and I live in a big city where digital cash is widely used. Digital is the future. Crypto currency is the future.  

 
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October 25, 2019, 01:41:49 PM
 #36

I’m surprised to see the result of this survey and it looks like cryptocurrency and other digital currency are making big impacts in the world market and that’s why many people are willing and hoping to receive digital currency on the holidays, well I will also choose that best option.
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October 25, 2019, 02:08:34 PM
 #37

Depending on who this question was shown to, if for the forum community all of them would agree to prefer digital currency.
But if asked by ordinary people who might not understand digital currency, the answer would be to prefer cash. This is a job
it's hard for all of us to spread more positive information around the world about the importance of cryptocurrency for progress
technology that makes humans able to live even more advanced. And introduce to the outside world the advantages of cryptocurrency
so that more people are interested in investing in cryptocurreny.

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October 25, 2019, 02:15:58 PM
 #38

I’m surprised to see the result of this survey and it looks like cryptocurrency and other digital currency are making big impacts in the world market and that’s why many people are willing and hoping to receive digital currency on the holidays, well I will also choose that best option.
This survey has been performed with most crypto users, it is expected to see that receiving digital cash is much favorable than receiving cash.
But this is still positive feedback, seeing a lot of crypto users to undergo a survey like this. This has been shown that as time pass by, we can see increasing numbers in users of cryptocurrency.



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Rainbot
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Inkdatar
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October 25, 2019, 02:17:57 PM
 #39

I would choose to receive money as a gift in digital. Why? There’s more benefit I can have in digital form and in case I can save and hold it for long term. A lot of opportunities for digital money so we could use it to purchase or investment in crypto. Everyone has their own ways to received the gift and at what options they are convenient to use.
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October 25, 2019, 02:40:51 PM
 #40

I prefer to receive money through digital means as i mostly work with blockchain start ups. Initially whiles working online i need to wait for a like a 3 days or a week in order to receive my payments in fiat from my employers but ever since cryptocurrencies got in the space i get my payments instantly. This is has been off great help as i am able to use my income instantly for any purpose.

Crypto Enthusiast supporting innovative ideas for the Liberalization of the world from the Centralized Institutions.
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