I want to give the smallest practical amount of BTC to friends and family to introduce them to it.
What is the best way to do this?
What are the smallest amounts that can be sensibly transferred?
Thank you.
In terms of BTC, I think you should gift them no less than
BTC0.10. 1 tenth of a bitcoin is small, but enough to make people understand they have a fair portion of a full coin. If you give them something less it will feel insignificant. People using fiat aren't familiar working with or realizing the value of less than a tenth of basic denomination, e.g., no one sees value in having 7 cents, but a dime or more is something.
Now the challenge is that a tenth of a bitcoin is roughly $60 right now, not a cheap gift! But you could wow them with the amount of things they can buy with just a tenth of a bitcoin.
Giving away 10% of one bitcoin is quiet a lot for most people. About 64 dollars at the moment.
For most people I do not spend that much for christmas.
A bitcoin advertisement in such a high range just for one person does not seem to be appropriate to me. Even if it's for family.
Unless the givig person is a millionair.