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Author Topic: Bitcoin can be a gift for some persons  (Read 407 times)
mardaed
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December 25, 2021, 06:46:00 AM
 #21

I would so love to do that, but if and only if, those loved ones that I am planning to gift with Bitcoin do want it. Yes, this may be a way of intruding crypto to them, but without the interest and willingness to learn about it, I think that gifting Bitcoin with be just sold or exchanged, hence it will not serve its purpose to them. So, before doing that, I would identify first who among my loved ones want it.
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December 25, 2021, 07:52:39 AM
 #22

I got bitcoin from my friend some days ago, I will hodl the bitcoin  for some time. I can't sell it because the amount is not much. If I hodl it am sure I can get something from it.
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December 25, 2021, 08:05:46 AM
 #23

The year is coming to an end. This season in the year it is the time  of love which we express to our love ones, family  and friends celebrating life from the beginning of the year till this time. Celebrating this season is usually done by gifting , we may decide to gift our family and friends some bitcoin for this will serve so many  purposes like the introduction of bitcoin to some persons who have been aiming to get bitcoin and it can also be an investing opportunity to some, which they may invest for sometime to gain more profits.

 
I am one of those who made this path , have sent small amount of bitcoin to my brother and my bestfriend but i never told them and wanted them to be surprised when they check their wallets.
and yes i have received a Thankful or appreciation message Christmas Eve as they have find out that i fill up their wallets with bitcoin.
and in return? they send me altcoins hahaha, but of course i am thankful as it is a generosity in our circle .

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December 25, 2021, 08:07:27 AM
 #24

This is the season of gifts. As described in the OP, gifts in the form of bitcoin and something related to cryptocurrency will initiate the interest among non-crypto people. Since pandemic the people who have been involved with cryptocurrency have increased. This is the result of real growth and more countries are with the plans of regulating cryptocurrency. Some have already developed infrastructure for the same and were under testing.

Maybe during the next Christmas season we can see a lot of gifting service providers with innovative gifts that resemble/associate with cryptocurrencies.

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December 25, 2021, 08:29:26 PM
 #25

This is the season of gifts. As described in the OP, gifts in the form of bitcoin and something related to cryptocurrency will initiate the interest among non-crypto people. Since pandemic the people who have been involved with cryptocurrency have increased. This is the result of real growth and more countries are with the plans of regulating cryptocurrency. Some have already developed infrastructure for the same and were under testing.

Maybe during the next Christmas season we can see a lot of gifting service providers with innovative gifts that resemble/associate with cryptocurrencies.
Bitcoin can be a great gift for everyone because of its very high value but i chose not to offer it as a gift. I would rather give fiat than bitcoin because i won't easily give my hard earned bitcoins because i know it will be even more valuable if i can manage it the right way.

And there's no way i can give bitcoin as a gift as more people will know that i am into hodling bitcoin which will put myself into danger.

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December 25, 2021, 10:55:24 PM
 #26

Well, at the end of this year, there are two sequence special moments to do, they are Christmas and also New Year. So far, I never give BTC as gift for my beloved family because most of them don't exactly know about crypto  i lrefer to give them a gift in a form of something or in fiat only. But the idea of using BTC as a gift is actually very interesting. Maybe for a kind of voucher.
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December 25, 2021, 10:57:06 PM
 #27

I would so love to do that, but if and only if, those loved ones that I am planning to gift with Bitcoin do want it. Yes, this may be a way of intruding crypto to them, but without the interest and willingness to learn about it, I think that gifting Bitcoin with be just sold or exchanged, hence it will not serve its purpose to them. So, before doing that, I would identify first who among my loved ones want it.
You are right. If they see no point in bitcoin, it makes no sense to give it as gift to them. I have already thought about doing this, but concluded it's better to just use the bitcoins to purchase something they will really appreciate.

After all, bitcoin is a currency and usually we don't give money as gift in my house to the relatives and friends. A gift is a way to show you care for people and their demands. So to give money is a bit cold and rude.

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December 25, 2021, 11:18:48 PM
 #28

And there's no way i can give bitcoin as a gift as more people will know that i am into hodling bitcoin which will put myself into danger.
You won't be in danger as long as they didn't know you are holding many Bitcoins. If you are only holding some Bitcoin valued no more than $500, I don't think people will have an intention to steal it. People commonly steal something that has big/expensive value. They don't want to risk themselves by stealing BTC only with small value. Moreover, stealing Bitcoin isn't as easy as stealing real stuff. Stealing it should be more complicated, requires skill to hack. And only people who are familiar with crypto probably want to steal it.
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December 25, 2021, 11:45:36 PM
 #29

This is a good idea IMO.  Cheesy

Last time i tried to offer a fraction of bitcoin to my girlfriend but i told her also that she can cash them at any time if needed instead of better to hold them for long time. First crisis we faced, she proposed to cash the bitcoin gift and i confess that i need that money as well. I promised her to give them back to her wallet and i will do this at the Christmas night or in Valentine Day 1 month later.
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December 25, 2021, 11:58:24 PM
 #30

I would so love to do that, but if and only if, those loved ones that I am planning to gift with Bitcoin do want it. Yes, this may be a way of intruding crypto to them, but without the interest and willingness to learn about it, I think that gifting Bitcoin with be just sold or exchanged, hence it will not serve its purpose to them. So, before doing that, I would identify first who among my loved ones want it.
You are right. If they see no point in bitcoin, it makes no sense to give it as gift to them. I have already thought about doing this, but concluded it's better to just use the bitcoins to purchase something they will really appreciate.

After all, bitcoin is a currency and usually we don't give money as gift in my house to the relatives and friends. A gift is a way to show you care for people and their demands. So to give money is a bit cold and rude.

it is not for all actually. because before you give it to them, as others have already pointed out, you need to orient them about securing the keys, password and the whole nine yards. not all will be ready on this but would be a good try. you will know if they are interested also on keeping some for themselves.
you will do the brief intro to them, it is not that you will give them a gift without discussing anything about crypto.
if you want to secure your gift, you know what subjects you need to share with them. youve been in this market for so long, you know what they will need as a beginner.

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December 26, 2021, 12:25:42 AM
 #31

bitcoin is money so of course it can be given as a gift, but there is a big problem that would be how this person will spend or withdraw to the bank and spend in the real world, we all know that people to open bank accounts need to have documents and for people to use some exchange to withdraw bitcoin, I need to do KYC, so the person who was going to receive bitcoin as a gift will have to have another person interested in bitcoin in the real world to give him money worth bitcoin and that person who received bitcoin as a gift gift will send bitcoin to real world person who will give you money. and a big embarrassment

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December 26, 2021, 01:47:43 AM
 #32

I would so love to do that, but if and only if, those loved ones that I am planning to gift with Bitcoin do want it. Yes, this may be a way of intruding crypto to them, but without the interest and willingness to learn about it, I think that gifting Bitcoin with be just sold or exchanged, hence it will not serve its purpose to them. So, before doing that, I would identify first who among my loved ones want it.
You are right. If they see no point in bitcoin, it makes no sense to give it as gift to them. I have already thought about doing this, but concluded it's better to just use the bitcoins to purchase something they will really appreciate.

After all, bitcoin is a currency and usually we don't give money as gift in my house to the relatives and friends. A gift is a way to show you care for people and their demands. So to give money is a bit cold and rude.

it is not for all actually. because before you give it to them, as others have already pointed out, you need to orient them about securing the keys, password and the whole nine yards. not all will be ready on this but would be a good try. you will know if they are interested also on keeping some for themselves.
you will do the brief intro to them, it is not that you will give them a gift without discussing anything about crypto.
if you want to secure your gift, you know what subjects you need to share with them. youve been in this market for so long, you know what they will need as a beginner.
I understand what you mean and I could give them that kind of guidance without any problems, but I don't feel people around me would have legit interest in keeping and caring for their coins.

So in the end, besides my own wallets and investments to manage I would also have to manage the wallets of my family and friends, because they would say it's everything too complex and hard to learn and execute.

In fact they are just fine living without adopting bitcoin in their lives. That is actually a normal thing, since most people are at a confort zone which doesn't make them feel incentivized to try new things.

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December 26, 2021, 02:03:54 AM
 #33

One great way to gift someone bitcoin that you care about these holidays is by gifting them a physical bitcoin. Some lower cost options you can find in the collectibles section here is stuff like Satori poker chips which are funded with .001BTC or Alpen Coins which are metal coins and have some lower denominations such as .0005BTC. These are a cool ways to gift bitcoin in a cold storage method.

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December 26, 2021, 02:23:53 AM
 #34

Moi personnellement si j'avais assez de btc j'aillais passer ma vie à éduquer mes frères africain et leur offrir des don
 Embarrassed mes malheureusement j'ai pas

Je suis nouveau dans cette écosystèmes mes je vois le potentiel mon rêve c'est être un éducateur et spécialiste dans le dans le domaine de la cryptos
Ici en Afrique tu peux sortir des gens dans la misère si tu en possède une pièce de btc
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December 26, 2021, 02:39:24 AM
 #35

One great way to gift someone bitcoin that you care about these holidays is by gifting them a physical bitcoin. Some lower cost options you can find in the collectibles section here is stuff like Satori poker chips which are funded with .001BTC or Alpen Coins which are metal coins and have some lower denominations such as .0005BTC. These are a cool ways to gift bitcoin in a cold storage method.

Yes, and they might appreciate it if they are interested in cryptocurrency or bitcoin. That is really cool; I haven't seen anything like it before; I believe before Monero, they had collectibles but no values. That coin is only for collecting purposes, but the fact that you own one is the best feeling in the world, even if it has no monetary value. Gifting it to someone who truly appreciates it will make them extremely happy, and even more so if it is valuable.
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December 26, 2021, 05:20:18 AM
 #36

At the least we should be sure that they're going to appreciate it and at the same time, they already have an intimate knowledge about cryptocurrencies in general, you can't just gift someone bitcoin, yes bitcoin can be gifted for some people but the word "some" makes things different.
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December 26, 2021, 08:19:43 AM
 #37

My family knows I'm into cryptocurrencies but I haven't given them any BTC yet. I'm planning to give something they could actually enjoy like NFTs for P2E gaming though. It's spreading like wildfire among younger generations and it's probably a better way to introduce crypto to them.
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December 26, 2021, 08:41:38 AM
 #38

It's not just a gift, it's more than that. If you give a small amount of bitcoin to friends or family, hopefully it will be something very special for them. Maybe they have more time in the future. If the assets increase, then you've not only given bitcoin, you've given them time, and that's wonderful.

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December 26, 2021, 10:57:47 AM
 #39

Yes it can be, but it worth too much everyone can't afford it to buy and gift. Only millinoers can afford BTC buy and gift. If you can afford BTC and wanna gift someone then you transfer BTC to his account and if he mot have Account then you make account and give him account and password.

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December 26, 2021, 01:51:53 PM
 #40

It's not just a gift, it's more than that. If you give a small amount of bitcoin to friends or family, hopefully it will be something very special for them. Maybe they have more time in the future. If the assets increase, then you've not only given bitcoin, you've given them time, and that's wonderful.
I had an experience presenting cryptocurrency as gift. I did it on my brother's daughter 1st birthday. Month before her birthday my brother asked to invest on cryptocurrency and gave little amount. By the time ethereum was around $400. For the amount he gave I was able to buy 0.75 ethereum and knowing this I gave 0.25 ethereum after a month on her birthday. Now it is really a big gift as it has grown ten times the investment.

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