Bitcoin as gift

[uche6215]

Is it cool to give a friend bitcoin as a gift on his birthday?
I have a friend who I have been telling about bitcoin for the past 2 weeks now and he's paying more attention to it, on the 1st of March is his birthday party I want to surprise him with $200 BTC because I can't attend his birthday party.
So is it apprised to gift a friend bitcoin at his birthday party?

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[jackg]

You might want to do it discretely and get him another present too but I think it's a good idea provided he knows how to use it or you give him clear instructions (including virus scanning any software he imports it too and writes down his mnemonic - for wallets like electrum or backup the wallet file for ones that don't give a mnemonic)...

[summonerrk]

Is it cool to give a friend bitcoin as a gift on his birthday?
I have a friend who I have been telling about bitcoin for the past 2 weeks now and he's paying more attention to it, on the 1st of March is his birthday party I want to surprise him with $200 BTC because I can't attend his birthday party.
So is it apprised to gift a friend bitcoin at his birthday party?

That's a great idea. At a time when bitcoin was worth $100, my friend asked me to install a bitcoin wallet on my device. When he came to visit me, he said that he would now give ina 0.01 btc. And he made a transfer from his wallet. So he made a gift, and showed how simple cryptocurrencies are. So I advise you to do the same. You will make a gift and show the process of sending cryptocurrency. That's exactly how another crypto enthusiast will appear.

[Nrcewker]

Is it cool to give a friend bitcoin as a gift on his birthday?
I have a friend who I have been telling about bitcoin for the past 2 weeks now and he's paying more attention to it, on the 1st of March is his birthday party I want to surprise him with $200 BTC because I can't attend his birthday party.
So is it apprised to gift a friend bitcoin at his birthday party?

That will be great to be honest. But at first your friend should be taught on how to use the Bitcoins. Also if possible try to gift him something which he will appreciate more. Bitcoins can be a good gift, but he might be expecting something more or else from you as a gift. I may also recommend you that gifting these valuable Bitcoins won’t be great, as in future Bitcoins will become more valuable and you will yourself sell these 200$ worth of Bitcoins at 1000$. So gift him something physical worth 200$ and save the Bitcoins for yourself.

[Pesona1]

Is it cool to give a friend bitcoin as a gift on his birthday?
I have a friend who I have been telling about bitcoin for the past 2 weeks now and he's paying more attention to it, on the 1st of March is his birthday party I want to surprise him with $200 BTC because I can't attend his birthday party.
So is it apprised to gift a friend bitcoin at his birthday party?

If indeed he is a bitcoin lover of course that's pretty cool as a gift, even though bitcoin is only worth $ 200 of course it will be an investment for him in the long term rather than just giving gifts that he might use temporarily, giving him bitcoin is the same as you teach him to save and I think, as a bitcoin lover of course he will be very happy and happy to receive gifts that he might not have expected at all.

[OmegaStarScream]

If you want something "cooler" maybe you could get him an OpenDime loaded with BTC instead, especially if you think he'll be holding them for some time.

[tranthidung]

I want to surprise him with $200 BTC because I can't attend his birthday party.

$200 is a damn high value gift. It's a big money in many countries and for many people.

So is it apprised to gift a friend bitcoin at his birthday party?

Surely you can but something you must think

• $200 is high, are you sure you want to give him a $200 gift?
• Have you ever known how to use Bitcoin?
• It's important. If he have never used it, likely after receiving your gift, he will throw it away, ask someone who can steal that bitcoin, or ask you for more tutorial from you. But you are not sure what he will do after he receives it from you.
• You will likely teach him how to import seed/ key, how to make a transaction, how to sell it on exchanges. Are you ready?

To deliver gift, you

Giftcard trading is risky too but if you deliver giftcard to your friend, tell him that he can sell it on Paxful

[dimonstration]

Is it cool to give a friend bitcoin as a gift on his birthday?
I have a friend who I have been telling about bitcoin for the past 2 weeks now and he's paying more attention to it, on the 1st of March is his birthday party I want to surprise him with $200 BTC because I can't attend his birthday party.
So is it apprised to gift a friend bitcoin at his birthday party?

How can I register to become your friend?  

A 200$ is always good to send as a gift even if it’s not Bitcoin but since your friend is already interested then it’s 100% cool because it’s his interest. New user will always be happy on new things that they like especially if it send as gift since they are interested on it. I think he will appreciate more if you include hardware wallet on your gift since the amount is already greater than the price of the hardware wallet to make it safe for him since he is just new to crypto.

[m2017]

Bitcoin is well suited as a gift. Even if your friends are in another city or country, this gift can be delivered in minutes. But of course, if the recipient knows how to use it.

jackg correctly noted in this regard and consider these important nuances:

You might want to do it discretely and get him another present too but I think it's a good idea provided he knows how to use it or you give him clear instructions (including virus scanning any software he imports it too and writes down his mnemonic - for wallets like electrum or backup the wallet file for ones that don't give a mnemonic)...

I heard that Steve Wozniak and Keanu Reeves received bitcoin as a gift from their friends. Can't tell if it's birthday related or not, but as you can see, you're not the first to use bitcoin in this capacity. According to them, they have since kept bitcoin, essentially being holders. Let them serve as an example for you. So, don't be shy - act. I'm sure your friend will appreciate it, since he's interested in your telling about bitcoin.

[CoinEraser]

So is it apprised to gift a friend bitcoin at his birthday party?

Of course, bitcoins as a birthday present is a great and beautiful thing. I've often given bitcoin as a birthday gift and people were always happy about it. I have even given them away at a wedding and the couple who received them kept the bitcoins for a very long time and only sold them last year. As a result, they received a lot of fiat money and were able to fulfill one or the other dream.

Therefore, in my opinion, bitcoins are always a great gift and suddenly people who have had nothing to do with bitcoins are suddenly interested in them. 

[jokers10]

Is it cool to give a friend bitcoin as a gift on his birthday?
I have a friend who I have been telling about bitcoin for the past 2 weeks now and he's paying more attention to it, on the 1st of March is his birthday party I want to surprise him with $200 BTC because I can't attend his birthday party.
So is it apprised to gift a friend bitcoin at his birthday party?

Unlike majority in this topic I think bitcoin is not a good gift, especially for newbie.

What if he is not experienced enough not to lose his private key or seed phrase? Imagine how stressful can it be to lose your present because of not understanding how to deal with it.

What if he is not planning investing at the moment? Is there enough places to spend bitcoin directly around? Or has he to exchange them first? Will he be satisfied with an additional difficulty with a present?

What if he would prefer to get a more personal gift? If money are okay as a present for him then okay. But if it will be the first time for money gift may be it is not a good idea.

IMO some small amount of bitcoins can be a little addition to the gift just for curiosity, but main gift usually should be of smth else.

[GiftedMAN]

Op getting your friend bitcoin as a birthday gift is cool provided that your friend knows a few things about how bitcoin investment is all about otherwise it would be better to educate the person more on bitcoin and its importance and you can do that by introducing them to the community here where lots of cryptocurrency information is shared freely then when the person has gotten the required knowledge, you can then buy bitcoin for such one but if gifting him or her will be a better option then go ahead is a good idea but ensure you inform him that bitcoin investment is not quick money giving scheme.

[MinoRaiola]

Always good when there are new or more Bitcoiners, so feel free to give BTC as a gift away. Maybe also direct with a hardware wallet, but that might be too much. For someone who doesn't know, look out a few good YouTube videos and give them a good warning, that he not believe everything. I wouldn't give away an external paperwallet, it can be manipulated with criminal energy. So if someone wants to own Bitcoin, he should have some time and inform himself. Say him „Be your own Bank“.

[crunck]

Is it cool to give a friend bitcoin as a gift on his birthday?
I have a friend who I have been telling about bitcoin for the past 2 weeks now and he's paying more attention to it, on the 1st of March is his birthday party I want to surprise him with $200 BTC because I can't attend his birthday party.
So is it apprised to gift a friend bitcoin at his birthday party?

There have been several people on the forum who have done this before. As long as your friend knows about bitcoin, it will definitely be the most unique and meaningful gift he gets on his birthday. But if he doesn't know about it, then you need to spend more time teaching him about bitcoin, and he will be glad a little late to understand it.

[Iranus]

That would be an exciting gift, but as you said, he doesn't know about bitcoin, and you can't attend his birthday; How will you give him bitcoins?
You have 12 days to prepare a wallet to store bitcoins for him, and he needs to know how to use it and safely store it before you transfer the bitcoins to him. If you have decided to give him bitcoins, you need to do it immediately.

I believe he will be surprised, and he will be even more grateful to you if he becomes a bitcoin investor like you in the future because bitcoin offers him rich opportunities.

[White pawn]

Okay, do you want to gift him a present in the form of bitcoin cause you won’t be able to attend his birthday or you’re gifting him bitcoins to increase his interest in it?
Generally, if you give someone who does not know what bitcoin is, it’s value and worth, the person won’t value it. But you mentioned your friend has some interest already in bitcoin so I guess it’s worth gifting him bitcoins. Has his interest level reached the point that he has a wallet and knows the basics already?

Personally, I don’t see the reason for this thread. You can actually gift your friend anything you want to. He’s your friend and you should know what’s best to get him.

[acroman08]

it'll be a good gift if he knows how to use it but if not or if he only knows so little about bitcoin, the gift you gave could just become a hassle for him. I agree with jackg that you could give him another gift along with the bitcoin you are going to gift him. if you are worried about spending more money, you can just cut the amount you are going to give him in bitcoin and use the remaining amount to buy another gift.

[taufik123]

Educating someone who is new to bitcoin or not at all can do it in various ways, one of which is with this bitcoin prize.

-snip-
What if he is not experienced enough not to lose his private key or seed phrase? Imagine how stressful can it be to lose your present because of not understanding how to deal with it.

As a good friend and care about the gift that will be given, then provide some education that will lead to the correct use as well as some things that are prohibited from doing.
This will provide very useful education for beginners with bitcoin prizes that will be received.

What if he is not planning to invest at the moment? Is there enough places to spend bitcoin directly around? Or has he to exchange them first? Will he be satisfied with an additional difficulty with a present?

One of the goals of giving bitcoin gifts is to invite them to invest in bitcoin, because the prizes are in the form of bitcoins that may be given with a hardware wallet or just a barcode code private key etc.
I'm sure there won't be any difficulties as long as there are clear tutorials for use and education.

What if he would prefer to get a more personal gift? If money is okay as a present for him then okay. But if it will be the first time for money gift may be it is not a good idea.
IMO some small amount of bitcoins can be a little addition to the gift just for curiosity, but main gift usually should be of smth else.

Adding with other prizes is a good idea, so it's not just bitcoin as the main prize.

[Belarge]

That's is a very lovely idea, but before gifting him the Bitcoin, try and teach about Bitcoin, so he could have an understanding before gifting him the 200$ btc, I think he will sure appreciate the gift more when he knows what to do with it...

[SatoPrincess]

OP I’d like to have you as a friend lol, you give a guy $200 which is a lot of money in Nigeria btw I wonder what you would give your girlfriend. My opinion has not changed since the last time this question was asked. Gifting bitcoin to someone who doesn’t understand it may not be the best birthday gift, in your case since you have been talking to this person about bitcoin this gesture will definitely trigger more interest into bitcoin. Does your friend have a bitcoin wallet or are you gifting him a ledger with the bitcoin inside?