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Author Topic: Bitcoin can be a gift for some persons  (Read 404 times)
Rockstarguy (OP)
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December 17, 2021, 10:38:37 AM
Last edit: December 24, 2021, 06:57:59 AM by Rockstarguy
Merited by DdmrDdmr (2), CryptopreneurBrainboss (2), KingsDen (2), Symmetrick (2), Welsh (1)
 #1

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.

 

R


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December 17, 2021, 11:35:01 AM
Merited by DdmrDdmr (4), Charles-Tim (1), Hispo (1)
 #2

Yeah. As SFR10 already wrote today, together with your gift, it is advisable to present the knowledge of how to keep your "gift" in the future.
Otherwise, the opposite may happen, and the gift will simply remain virtual forever if the owner suddenly loses the keys and everything related to storing bitcoin.
Last year I asked my friends if they would like to have some bitcoins as a gift, but since my acquaintances are far from cryptocurrencies, they honestly admitted that they would prefer something that can be touched with their hands.
Therefore, Bitcoin will be valuable for someone who understands what it is.

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December 17, 2021, 12:33:50 PM
 #3

I wrote something related on my local board this morning. Essentially, I explained how I’d offered some of my closest circle some bitcoin for xMas this year. After all, they’ve heard me here and there going on about the matter, and at least some curiosity might have brushed-off. The answer I got was a resounding “Yikes, no way!”, which pretty much sums-up my level of influence on the matter.

Fortunately, I tested the waters first to see where they were standing. It is, after all a responsibility for them to a certain degree (accepting, taking custody, learning what to do and what not to do), even if they go for the barebones and simply HODL …
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December 17, 2021, 02:50:49 PM
 #4

~snip~
Your bitcoin can be best gift this season.

Regardless of the fact that giving is a noble act, I would not give away Bitcoin to anyone. Not only because such a gift would be insignificant for someone, but also because it is not wise to send a message to people around you that you own Bitcoin at all. Some may say that they trust their family members and close friends, but this information will spread far beyond that circle of people, and sooner or later there may be people who will see it as an opportunity to rob you.

A lot of people have been killed, kidnapped or tortured for publicly bragging about having something as valuable as Bitcoin - be smart and keep those things to yourself.

.
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December 17, 2021, 04:03:04 PM
 #5

I've already gifted my mom before the bull run and luckily, I'm still holding it. She told me that I should be the one holding it and she'll just decide if she wants to sell it already.
I've told her that she should learn how to keep it on her own since she's the owner of it already. But I guess when people grow up, they don't want to know more about complicated things and technicalities about such technologies that they've knew.

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December 17, 2021, 07:32:21 PM
 #6

I wrote something related on my local board this morning. Essentially, I explained how I’d offered some of my closest circle some bitcoin for xMas this year. After all, they’ve heard me here and there going on about the matter, and at least some curiosity might have brushed-off. The answer I got was a resounding “Yikes, no way!”, which pretty much sums-up my level of influence on the matter.

It will not also be a bad idea if you can ask those of us here if we want to be given some bitcoin as gift this Xmas. Afterall we are your friends with like minds and they say that charity begins at home. This is a season to show love to all. Seriously speaking it will be a waste of goodwill to gift someone something they do not know anything about. They will throw it to the dogs. You are better off keeping it to yourself.
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December 17, 2021, 07:37:46 PM
 #7

Bitcoin will be very useful to anyone who knows it. I mean it's okay if you're willing to give recipient a little bit of information about what bitcoin is if they don't know it yet, it's a great start to introduce bitcoin to other people. I seem interested in gifting my wife bitcoin on her next birthday, but I doubt she will ever sell them. Lol

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December 17, 2021, 08:46:41 PM
 #8

Yeah. As SFR10 already wrote today, together with your gift, it is advisable to present the knowledge of how to keep your "gift" in the future.
Otherwise, the opposite may happen, and the gift will simply remain virtual forever if the owner suddenly loses the keys and everything related to storing bitcoin.
Last year I asked my friends if they would like to have some bitcoins as a gift, but since my acquaintances are far from cryptocurrencies, they honestly admitted that they would prefer something that can be touched with their hands.
Therefore, Bitcoin will be valuable for someone who understands what it is.
This is true. For them, receiving bitcoin is like receiving nothing unless that person received both bitcoin and knowledge and also about cryptocurrency related topics like blockchain, wallet related, security related. So, it is entirely depends on the receiver. I would definitely agree in the post above.

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December 17, 2021, 09:28:43 PM
 #9

yeah, I'd rather educate them and point them in the right direction, then just give them some money. But that knowlage is a far more deeper hole, it should start with general financial knowlage and money handling, because without that, I might as well throw money out the window.

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December 17, 2021, 09:57:27 PM
 #10

Yes this is something I do for some of my family who are also involved with Bitcoin.
I started last Christmas and will do the same this year but added to this year I have
a Nephew who has ben interested since the summer and I have a Trezor wallet for
him for Christmas. When he gets it activated all the other family members who are into
Bitcoin will send some Saoshi's to an address from his Trezor!

So its a big adventure starting up a hardware wallet including the hands on experience
of generating and storing the seed and passwords.

R


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December 17, 2021, 10:13:45 PM
 #11

yeah, I'd rather educate them and point them in the right direction, then just give them some money. But that knowlage is a far more deeper hole, it should start with general financial knowlage and money handling, because without that, I might as well throw money out the window.
Exactly what I thought, if you want to give a gift to someone, you should know what they want or what would they do if they have Bitcoin because Bitcoin nowadays is too valuable especially in the future. If you want to educate someone make sure it won't go to waste because not everyone is worthy to teach so you should test the water first if someone is willing to learn some knowledge that you are about to share with them.

For me, why send Bitcoin if they don't know about it? It would be a hassle to spoon feed someone and at the end it turns out they lost it or they just sell it even if the price is cheap, which means that they really need a money and not an investment.

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December 17, 2021, 10:25:43 PM
 #12

No amount is too small. I wouldn't mind if am been given a small amount of bitcoin(lols). A small amount of bitcoin given today would turn out to be gold tomorrow. This is the festive season, give your loved one some bitcoin, it will go a long way.
It must not matter whether he knows about bitcoin or not. Just tell him or her that you are giving out bitcoin as a Christmas gift. He should keep it safe

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December 18, 2021, 04:58:32 AM
 #13

Although it might be unwise to just give somebody some Bitcoin without ever giving him/her a little of the basics and some do's and don'ts about keeping private keys very personal and all that.

But giving somebody a Bitcoin-related present is much more interesting to me. There are some Bitcoin collectibles out there, physical ones both loaded and unloaded, could be made of precious metals or not. There are a lot of choices out there as a gift and a way to introduce Bitcoin to somebody during this holiday season.

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December 23, 2021, 10:49:53 PM
 #14

give bitcoin as a gift in christmas this year?
I think it takes an introduction process first for beginners who don't know in my family and no one even knows what bitcoin is in my family, it's only me who knows
so for this year I still give gifts as usual to my brother

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December 23, 2021, 10:59:10 PM
 #15

Although it might be unwise to just give somebody some Bitcoin without ever giving him/her a little of the basics and some do's and don'ts about keeping private keys very personal and all that.

But giving somebody a Bitcoin-related present is much more interesting to me. There are some Bitcoin collectibles out there, physical ones both loaded and unloaded, could be made of precious metals or not. There are a lot of choices out there as a gift and a way to introduce Bitcoin to somebody during this holiday season.

great idea a basic physical gift that represents bitcoin. such as clothes, jackets, and much more
and hopefully , they can and want to know more about what bitcoin is and how to get it the next day .
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December 23, 2021, 11:19:33 PM
 #16

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.

 
Yes for some satoshis but i doubt that everybody or most people would do this considering that bitcoin is valuable the they wouldnt tend to waste of their bitcoins that they had been holding for years

which i do rather believe that they would really be just telling them about bitcoins info without needing on giving them but its good if someone would  really consider on taking such
step but on my side i would tend to waste off my money just for this one.

Telling them about hints or basic info would or should be enough imho.

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December 23, 2021, 11:57:52 PM
 #17

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.
If they are not familiar with BTC, you are better to let them know Bitcoin first before deciding to give them BTC gifts, plus give them some lessons. You cannot give them BTC if they have no BTC wallets, right? It also will be useless if they don't know how to use it. First, they must have their own BTC wallets. Then, they need to know if BTC price isn't stable, it is very volatile. So, they are not surprised once the value changes. Don't forget to explain how to exchange BTC and where they can do it. Also, you need to remind them that BTC isn't only about profits, but it has some risks once it is used for investment purposes. The rest, they can learn themselves.

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December 24, 2021, 03:16:46 PM
 #18


.......................................................................

 

Wow, what a coincidence you asked this at the right time. On December 16th it was my cousin's brother's 19th birthday, and I gave him $190 worth of Bitcoin. I didn't give him directly and I didn't ask him for any address. I just made a separate trust wallet and loaded $190 worth of bitcoin, then I wrote the seed phrase on a gift card, then I gave it as a birthday gift card. But I tell him there is a secret. If you find the secret, then there is a surprise for you. The thing is, though he knows I am working on crypto and di teaching him a little bit, he understood that the seed phrase was input and saw the amount. And he gives the craziest looks. That was an epic moment for me. I am totally happy with it.
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December 24, 2021, 03:26:34 PM
 #19

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.

 

Great idea, but only a few of my close friends know what is bitcoin. Not everyone knows bitcoin because I still live in the village. Maybe it's possible to introduce about bitcoin, but I don't think they will linger for long, maybe they choose to find out how to sell it and make money.
Yes, it seems that it is still difficult to introduce bitcoin to the people around me. Maybe if it's better I'll give it to my wife. Even though I don't have a lot of bitcoins at least a small part of it will be useful someday.

R


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December 24, 2021, 03:44:45 PM
 #20

many people are now starting to learn about bitcoin because investing in bitcoin has become the center of attention of many people, especially people who have a lot of capital and cannot manage finances more effectively. it turns out that bitcoin is a good target and investment for the future.

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