what is your reason for gifting bitcoin

[nimogsm]

I don't think that a person who doesn't have a job will help in any way.If he is experiencing financial difficulties,he will sell bitcoin anyway to solve his problem.In addition,if a person does not understand how to use cryptocurrency,he will only spend time studying the principle itself.I think it's worth investing only if there are extra finances and not when there are difficulties.

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[famososMuertos]

I have to be honest it gave me a bit of humor, your context, but, please! If you give away a fishing rod and the person who receives it has no passion for fishing and throws it into a corner, then the question is not to give away the fishing rod, because you like to fish, it is to teach how to fish.

If I've confused you, I won't gift you the fishing rod, don't worry.

Although, it is worth asking yourself, what is bitcoin the fishing rod or just the fish?

what is your reason for gifting bitcoin? bitcoin.

[tjtonmoy]

I mean if someone is in trouble, you might just gift them cash if they are in need of it. If you give them bitcoin, they will take decision based on their emotion when they are in trouble. Also not to mention, if they are trying to find an opportunity, then give them little amount to start from. When they show a positive result, then you can give them the rest. And one thing I want to ask, does he have proper knowledge about bitcoin and its risks? Or he is just a newbie?

[SquallLeonhart]

If $300 worth of bitcoin is given to someone who doesn't have a job and have been looking for opportunity to invest in bitcoin.  Will it be possible for the person to focus on this investment without selling at the moment because of the present financial situation. I'm asking this question because of people who wish to gift bitcoin to people who are going through difficult financial challenge,  is there any need to give bitcoin as gift to people who need money to settle urgent financial problems.

Or bitcoin should only be given to those who can truly invest and yield profits.  Can you gift bitcoin to random people who may not make profit from it.

My main reason would be (never done it yet) to show that I care about their financial situation and their future at the same time. You do not gift people money if they are already rich, makes no sense because they already have so much. You gift them money if they are not doing alright, in which case if you give fiat in cash that could be a little bit humiliating for them, nobody would want to accept that, not unless they are in dire situation.

But if you gift them bitcoin, you are disguising your money gift to help them as a tech improvement, like somehow you are promoting bitcoin to them and that would be not a hand out but like a gift while also helping your friend.

[virasog]

If $300 worth of bitcoin is given to someone who doesn't have a job and have been looking for opportunity to invest in bitcoin.  Will it be possible for the person to focus on this investment without selling at the moment because of the present financial situation. I'm asking this question because of people who wish to gift bitcoin to people who are going through difficult financial challenge,  is there any need to give bitcoin as gift to people who need money to settle urgent financial problems.

Or bitcoin should only be given to those who can truly invest and yield profits.  Can you gift bitcoin to random people who may not make profit from it.

If you gift bitcoin to a person who is in a financial crisis, what will he do? For sure, he will want to spend the bitcoin and for that purpose, he will convert his bitcoin into fiat. A person who needs money will not be able to save bitcoins for future investment purposes.
So in my opinion, if your intention is to gift bitcoin so that he may keep it safe in his wallet, then you should find a person who is financially strong and has no urgent need for money.

In general, when I would gift bitcoin to anyone, my intention will be to increase the adoption of bitcoin as when another person will get some bitcoins he will be curious to know more about bitcoin.

[samcoin]

If $300 worth of bitcoin is given to someone who doesn't have a job and have been looking for opportunity to invest in bitcoin.  Will it be possible for the person to focus on this investment without selling at the moment because of the present financial situation. I'm asking this question because of people who wish to gift bitcoin to people who are going through difficult financial challenge,  is there any need to give bitcoin as gift to people who need money to settle urgent financial problems.

Or bitcoin should only be given to those who can truly invest and yield profits.  Can you gift bitcoin to random people who may not make profit from it.

Every person has a different situation. If the receiver was able to find another resource to spend on his expenses without selling Bitcoin, that would be great as Bitcoin is one of the best investments in this age. In my opinion, gifting Bitcoin is more like gifting gold, you shouldn't sell it unless you suffer Compelling circumstances. Apart from this, one of the reasons for someone to gift Bitcoin is the ease of sending it, so the sender might see it difficult to convert it to fiat then buy something with it. One more reason, the sender could be a big fan of Bitcoin and want the get one of his beloved people into it.

[Adbitco]

Anyone can be gifted with a bitcoin but it all depends if the person has the knowledge about bitcoin or has heard about it before because you just gift a bitcoin to a random fellow who doesn't have the knowledge on how it's being handled. However if you wanna gift bitcoin to someone it should be that you have at least impacted some knowledge to him or she on how to safeguard his bitcoin.

[kelechi]

I think people have to ask about it. It's qute seriose

[Lida93]

If $300 worth of bitcoin is given to someone who doesn't have a job and have been looking for opportunity to invest in bitcoin.  Will it be possible for the person to focus on this investment without selling at the moment because of the present financial situation. I'm asking this question because of people who wish to gift bitcoin to people who are going through difficult financial challenge,  is there any need to give bitcoin as gift to people who need money to settle urgent financial problems.

Or bitcoin should only be given to those who can truly invest and yield profits.  Can you gift bitcoin to random people who may not make profit from it.

In my viewpoint, no matter what it is a gift is a gift and it's no more in the ambit of the gifter to have control over how and what it's been used on by the receiver except otherwise. Otherwise I'm the sense that there was a mutual agreement between the gifter and the receiver on what purpose the gift is meant for and how it should be expended out such parameters of initial mutual understanding a gifter shouldn't in anyway concern his or herself about what and how the gift was spend whether bitcoin or whatever it is.
If I gift a person a certain fraction of bitcoin and the person decides to invest with it, fine, if he decides to sell it off and use it to solve his problems still fine by me. My commitment was to give and nothing short of that.

[MoonOfLife]

I don't think that a person who doesn't have a job will help in any way.If he is experiencing financial difficulties,he will sell bitcoin anyway to solve his problem.In addition,if a person does not understand how to use cryptocurrency,he will only spend time studying the principle itself.I think it's worth investing only if there are extra finances and not when there are difficulties.

You are right, for the unemployed, what is needed is money and a job to solve the difficult problem at hand. They would never think of investing because everyone knows investing is risky and not immediately profitable. If it were me, I would also sell those bitcoins to get money to spend on necessities, an investment that I only think about when I have savings.

[m2017]

If $300 worth of bitcoin is given to someone who doesn't have a job and have been looking for opportunity to invest in bitcoin.  Will it be possible for the person to focus on this investment without selling at the moment because of the present financial situation. I'm asking this question because of people who wish to gift bitcoin to people who are going through difficult financial challenge,  is there any need to give bitcoin as gift to people who need money to settle urgent financial problems.

Or bitcoin should only be given to those who can truly invest and yield profits.  Can you gift bitcoin to random people who may not make profit from it.

I can assume that those people who are experiencing financial difficulties will immediately sell bitcoin gifted to them. When such urgent financial difficulties arise, it becomes not up to investment. In this case, you can help them with money, and when their financial condition stabilizes, then you can give them bitcoin.

Bitcoin can be given to everyone, for that matter. It just depends on your preference. The question is: how will they manage it. Some will spend immediately, others will leave for the future. Based on your observations and decide who exactly to give.

[bettercrypto]

If $300 worth of bitcoin is given to someone who doesn't have a job and have been looking for opportunity to invest in bitcoin.  Will it be possible for the person to focus on this investment without selling at the moment because of the present financial situation. I'm asking this question because of people who wish to gift bitcoin to people who are going through difficult financial challenge,  is there any need to give bitcoin as gift to people who need money to settle urgent financial problems.

Or bitcoin should only be given to those who can truly invest and yield profits.  Can you gift bitcoin to random people who may not make profit from it.

First of all, if you can afford to buy a lot of bitcoins, I think you can do it by giving bitcoins to people in financial need. Why would you give bitcoin to someone you are hesitant to do so?

   It's different because we help happily and cheerfull at our will and not wait for a return or exchange for the help we will do. Another thing is that we are not obligated to give bitcoins to homeless people, as long as you can only give what you can, that's what you should do.

[OgNasty]

Lately I’ve been seeing some random strange amounts of BTC hitting my wallet. It looks like someone operating a mixer occasionally drops a couple bucks to my address for whatever reason. I guess because I’ve been vocal about coin mixers being money laundering operations. Anyway, I usually just gift the coins to someone else and my most common target is the Free Ross charity.

[The Cryptovator]

Indeed, gifting Bitcoin to friends or family means that you are introducing them to it. So, you can gift Bitcoin to your loved ones in need. If someone is going through a financial crisis and is unable to invest in Bitcoin even though they are aware of it, give them small quantity of  bitcoin. Regardless of the quantity, they will undoubtedly be happy to see you. A fantastic gift would also be to teach someone about Bitcoin if they are unaware of it. Whatever the case, even if there is no financial crisis. They would, nevertheless, have a bright future.

[Kakmakr]

You should not be bothered about what is done with a gift, if it is your real intention with the gift. The goal of a gift is not to force someone to hoard it, so that they can make a huge profit or to meet the gifters goal.

I gave bitcoins to many of my friends and family for Xmas and for their birthdays and most of them sold it or used it .. I know this, because I have the Bitcoin addresses and I can track the coins. 

[summonerrk]

I may seem like a bit of a cruel person, but I believe that it is necessary to help only those people who need money to become independent themselves. As they say: give a man a fish and he will be full one day, give a man a fishing rod and he will be full all his life. You can't just give money away, you need to train and show the way to development. And it is necessary to do eo in relation only to close people, strangers will never appreciate this.

[Fivestar4everMVP]

Or bitcoin should only be given to those who can truly invest and yield profits.  Can you gift bitcoin to random people who may not make profit from it.

If you have bitcoin to gift to a maybe a friend, I don't think it really makes sense to begin to check whether such a person can hold it or not, Bitcoin is money and can be spent, it is not just meant to hold, like for example, you cant expect someone who have bitcoin somewhere, and keep holding it while they are looking for money to get drugs for some serious ailment they must treat, Bitcoin is money and we save money so that money can save us in critical times.

If I had bitcoin to dash out to a friend who is jobless, I wouldn't mind what they do with it, if he or she have other means of survival and decide to keep the bitcoin - good for him, but if he or she decides to sell to meet ends meet, that's his or her cup of tea 

[BIT-BENDER]

I think there is a misconception here, and it is mostly expressed by newbies. People gifting others is a normal thing, it’s either the gift is financial, material or kind so long as it’s regarded as gift from the sender and the receiver.

To me sending bitcoin as a gift can be considered as a financial gifting and not an investment plan from the sender.  Most bitcoin enthusiast find it a thing of joy using bitcoin and sending bitcoin as a gift is the equivalent of its monetary value.

[Bananington]

If $300 worth of bitcoin is given to someone who doesn't have a job and have been looking for opportunity to invest in bitcoin. 

The first priority for someone who does not have a job should be how to get a job to get by the day and be able to pay their bills and not what to invest. You can not be saving when you are hungry, you have to be well fed to make good long term investments. For you the gifter, if you must give a gift to someone who you know needs a job, money to start up something can be a good place to start or if it within your capacity to use your influence and get them a job, then an employment letter will be best.

[nikokovacic90]

I completely agree, but there are many institutions that encourage it. I even read that some municipalities in the United States pay their employees in BTC. it's a new and emerging technology that has the potential to revolutionize the financial sector, and the more people understand it, the more they can benefit from it. So, while we should be cautious when gifting Bitcoin, we should also try to encourage those around us about this exciting technology.

Or bitcoin should only be given to those who can truly invest and yield profits.  Can you gift bitcoin to random people who may not make profit from it.

I don't think there's a general answer to this question, because it really depends on the person and the situation. I personally gave away bitcoins only to friends and acquaintances who were already involved in the cryptocurrency space or at least familiar with the concept and expressed their interest. I did this because I wanted to spread the word about Bitcoin and help my friends get involved.

I think it's important that the person you're giving bitcoins to has some interest and experience with cryptocurrencies already. They're unlikely to appreciate the gift if they don't understand or care about it. If a friend or family member does not have any interest in bitcoin, then you should probably buy them something else.