Post
Topic
Board Beginners & Help
Re: [Howto] Give Bitcoin as a gift
by
Mahanton
on 07/10/2019, 13:36:04 UTC
Or better yet, if you're going to give the BTC in person anyway, let them install the wallet on the spot then send over the funds. Letting them have their first transaction immediately is a good plus in my opinion.
Best learning curve here, best solution but giving fancy paper wallet is good idea for gift. Its quire two separate things.

Yea, giving out paper wallets in contrast to just sending funds to his/her wallet is definitely not bad, and is definitely cool also, but it just might give them an impression that there's such thing as "physical bitcoin", like the paper wallet you've given, hence it's another new thing you would need to explain after the person learns that bitcoin is 100% non-physical(how the paper wallet was generated, etc). Just my 2 sats.
Yes its just the same in general sense if we do compare on typical sending out a fiat money but this kind of way where sending out paper wallets can give out curiosity to someone who had received those paper.Speaking of adoption then this way is simple but it isnt really that bad either.

Further explanation will really be needed if someone will ask it out because its impossible not to think that they wont really have questions in mind from the time they do receive out these gifts.

For OP, this guide is helpful for those people who do plan to sent out these kind of gifts.