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Author Topic: Bitcoin for Christmas  (Read 868 times)
GreatArkansas (OP)
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September 27, 2020, 04:18:01 AM
 #1

We are already in "ber" months which it is a sign that we are fast approaching on Christmas day which is on December 25.
I have this on my mind that I'll start to prepare my present or gifts to some of my friends and family.

I want something related to Bitcoin like I will give a present that has related to Bitcoin, like some Angpao on Bitcoins? Paper wallets with Bitcoin inside? Or anything else.
So I am here asking for some opinion of yours, what's your suggestion for a present or gift for our loved ones for this upcoming Christmas?

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September 27, 2020, 04:25:30 AM
 #2

Make sure that they know what to do with it. Your concept of gift is pretty good. That is the only problem that I can see, whether they know how to use the wallets and use it to spend something.

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September 27, 2020, 04:38:31 AM
 #3

i used to think giving bitcoin away like this to anybody would be  cool but nowadays if i give someone bitcoin that person should know about bitcoin already or at least had shown some interest in the past. otherwise i think giving bitcoin to those who haven't even heard about bitcoin like this means it will either be forgotten or they will go ahead and read some bad online articles about what to do with bitcoin and end up with a bad experience.

in any case when i give bitcoin as gift i do it as a paper wallet with some small summary printed on the back alongside some good links such as bitcoin.org choose your wallet link.

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September 27, 2020, 04:39:34 AM
 #4

Make sure that they know what to do with it. Your concept of gift is pretty good. That is the only problem that I can see, whether they know how to use the wallets and use it to spend something.
Yeah, this is also a problem.
But what I want to achieve is somehow they will know or start become curious about what Bitcoin is. Like, my present to them is a way to they will introduce to Bitcoin. Just like I am advertising Bitcoin thru Christmas present.

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September 27, 2020, 04:53:59 AM
 #5

[snip]
Yeah, this is also a problem.
But what I want to achieve is somehow they will know or start become curious about what Bitcoin is. Like, my present to them is a way to they will introduce to Bitcoin. Just like I am advertising Bitcoin thru Christmas present.
If you really want to poke their attention then give them a hardware wallet. Choose Trezor instead of Ledger as much as possible because its design is more intriguing (you know, they might think Ledger was just a simple flash drive). After giving it, I'm sure they will ask you about what does that "car key stuff" can do Grin. And there you have it! Their curiosity kicks in and that's the time for you to introduce bitcoin. I just hope they will like the concept and adopt the tech in the long run.
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September 27, 2020, 05:07:20 AM
 #6

I have tried giving away some Bitcoin physical coin and it works like a charm, most of them sent me a message asking what is that all about and some of them really got into bitcoin when I told them more about bitcoin and what it is. You can try this one.

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September 27, 2020, 05:11:31 AM
 #7

Bitcoin is the best gift that anyone can have but to keep it safe and secure you need to understand the concept. It is better to find out before from your friends and family member whether they are aware of Bitcoin. If they are not then it should be your responsibility to make them understand what you have gifted them after Christmas.

If it was me then I would gift them a paper wallet and a Bitcoin memento

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September 27, 2020, 05:16:06 AM
 #8

I have seen similar post related to Bitcoin as a gift, and I think it's a very cool idea. I would say the gift 'related to Bitcoin', should depend on the level of knowledge the person has about what Bitcoin and digital assets are;
• Someone who is completely new to the crypto space would benefit from the hard or soft copy of a good book which teaches the fundamentals of bitcoin. How interested they are in it would show how interested they would be in holding actual Bitcoin.
• For a more experienced person, maybe a hardware wallet or some other Bitcoin merchandise that they would value. (A hardware wallet may be quite confusing for a beginner as they would need to begin from the basics before they can understand what it does, and there's no guarantee they would be interested after).

Actual bitcoins is a good idea, but it is better if the person values it as Bitcoin and not simply for it's fiat equivalent, in which case you would have been better off giving them some cash.

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September 27, 2020, 05:18:08 AM
 #9

If you really want to poke their attention then give them a hardware wallet. Choose Trezor instead of Ledger as much as possible because its design is more intriguing (you know, they might think Ledger was just a simple flash drive).
I personally don't want to spend more than $50 for something that is not yet clear whether they'll use it or not. If they think it is related to Bitcoin and get turn off because of that then the wallet would be wasted. Maybe use Opendime or Satochip that is cheaper instead?

IMO I'd definitely send out paper wallet with fancy decorations and guide how to convert their bitcoin into some money (maybe give them 1 mBTC or more).

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September 27, 2020, 05:37:41 AM
 #10

I like the idea of using Bitcoin as a gift. There are many ways to do it. You can buy a Bitcoin gift card from bit4coin.net or create a paper wallet you wrote about. Or if you are ready to make an expensive and luxury gift, buy a hardware wallet and put some coins on it. Bitcoin is a perfect gift because it can be cashed out one rainy day Wink

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September 27, 2020, 05:55:51 AM
 #11

We are already in "ber" months which it is a sign that we are fast approaching on Christmas day which is on December 25.
I have this on my mind that I'll start to prepare my present or gifts to some of my friends and family.

I want something related to Bitcoin like I will give a present that has related to Bitcoin, like some Angpao on Bitcoins? Paper wallets with Bitcoin inside? Or anything else.
So I am here asking for some opinion of yours, what's your suggestion for a present or gift for our loved ones for this upcoming Christmas?

Christmas is 3 months ahead and you are preparing your gifts now?This is kinda crazy.
Bitcoin is not in a "ber" month(I guess you mean bear),the price is pretty stable.I expect the BTC price to go under 10K USD somewhere around December,but I don't care that much.
Anyway,I'm not a big fan of giving and receiving gifts,paper wallets with BTC inside doesn't seem like a good idea,especially if your friends and family don't know anything about BTC.
Anything with a cool Bitcoin logo on it should do the work.

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September 27, 2020, 06:05:22 AM
 #12

I would never gift Bitcoin or anything Bitcoin-related to anyone who isn't good with technology in general - there's just so much that can go wrong. And even if they are good with tech, they still can have a bad time with it - high transactions fees, exchanges that demand KYC, lots of phishing and so on - you'd really need to guide them step-by-step all the time, which means that this gift turns into a chore. Gifts are supposed to bring happiness, not create difficulties.

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September 27, 2020, 06:56:05 AM
 #13

We are already in "ber" months which it is a sign that we are fast approaching on Christmas day which is on December 25.
I have this on my mind that I'll start to prepare my present or gifts to some of my friends and family.

I want something related to Bitcoin like I will give a present that has related to Bitcoin, like some Angpao on Bitcoins? Paper wallets with Bitcoin inside? Or anything else.
So I am here asking for some opinion of yours, what's your suggestion for a present or gift for our loved ones for this upcoming Christmas?

I think its a great idea to give something like that, especially if they are younger members of your family. Who knows, one day 0.001 BTC might be worth thousands of dollars so it can be kinda savings for them.
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September 27, 2020, 07:01:10 AM
 #14

How about merch that has a bitcoin logo on it? but the receiver even he's not a bitcoin, he might be targeted by a wrench attack. But maybe a bitcoin sock would do.  Grin

I think just teach your receiver to create a wallet and send some mbtcs on it, I'm sure they'll appreciate it.



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samputin
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September 27, 2020, 07:19:04 AM
 #15

<...>
Yeah, this is also a problem.
But what I want to achieve is somehow they will know or start become curious about what Bitcoin is. Like, my present to them is a way to they will introduce to Bitcoin. Just like I am advertising Bitcoin thru Christmas present.
So you've mentioned "advertising". If I may suggest, I'd simply go to a merchandise with the logo of bitcoin on it. It could be a shirt, or a mug, or a cap. Just to catch their attention. If or assuming they don't have any ideas about it, then they'll be intrigued on what the logo is about. Upon asking, then that's your time to explain it to to them. Just the basics, it's pros and cons. Something like that. Grin

If they really want to learn and are that interested, then maybe you can start giving them even small amount of btc for starters. Totally up to you though, op. Smiley

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J1mb0
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September 27, 2020, 07:47:53 AM
 #16

I think it's a good idea to give something related to bitcoin to a relative, I gave a friend a bitcoin coin made of silver before and he loved it.
However, you should only give it to people who know what bitcoin and cryptocurrencies are, not giving anything related to bitcoin to those who do not understand it.


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JuSayCo
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September 27, 2020, 07:49:15 AM
 #17

Yes, Christmas is already around the corner and some people are already thinking about gift-giving. We can't really control the spirit of christmas amidst the crisis that we are facing. This may be an unusual christmas season but we still need to be thankful and continue being positive and gives hope and happiness to all the people that surrounds us.
As a Crypto enthusiast, the thoughts of giving Bitcoins as a gift is a great idea for me. However, not everyone knows its value and usage. So, I guess, you need to educate, teach and introduce those persons that you want to receive this great gift, to Bitcoin world so that they will be aware and will not be confuse upon handling it.
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September 27, 2020, 08:02:12 AM
 #18

We are already in "ber" months which it is a sign that we are fast approaching on Christmas day which is on December 25.
 what's your suggestion for a present or gift for our loved ones for this upcoming Christmas?
       

Yeah it's obvious that December is approaching, people give out gifts to their lover once base on their financial predicament because many people have it in mind to give out gifts but due to lack of financial capability causes them not showcase the love them have to their lover once,
 I know I'm not up to one year in the forum to know if people showcase interest of love to the forum members during Christmas irrespective that not all countries celebrate Christmas
I have it mind to celebrate Christmas in forum with the little one I have

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BlackHatCoiner
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September 27, 2020, 08:02:23 AM
 #19

Your idea isn't bad. But most likely, if they don't know what bitcoin is, (and you don't write inside), you're probably destroying the coins  Grin
If I were you, I would write on a paper the seed phrase (which would be nice if it had "christmas" in it  Wink ) and after I wrapped it, I would write "(Keep it secret and safe!)"

Instead of seed phrase you could simply write the private key on a paper like this:


(You can make these paper wallets on bitaddress.org)

It is nicer than the seed phrase in my opinion. Except from explaining bitcoin, you will have to explain how the seed phrase works as well...

If I remember correctly, someone had sent 1BTC to Bill Gates back in 2012-13? What a waste of time money  Tongue

*[All I want for christmas is bitcoin]*

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September 27, 2020, 08:37:41 AM
 #20

We are already in "ber" months which it is a sign that we are fast approaching on Christmas day which is on December 25.
I have this on my mind that I'll start to prepare my present or gifts to some of my friends and family.

I want something related to Bitcoin like I will give a present that has related to Bitcoin, like some Angpao on Bitcoins? Paper wallets with Bitcoin inside? Or anything else.
So I am here asking for some opinion of yours, what's your suggestion for a present or gift for our loved ones for this upcoming Christmas?
Well i think it's a good idea for me to receiven or give bitcoin or any kind of crypto currency instead of paper money of cash why? Well as we all know we still facing a pandemic and in the culture of philippines, kids go around to gather money or what we call "Pamamasko". So giving money on form of crypto will be safer and faster but the sad part is that not many people know about this industry specially to use crypto wallet.
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