Post
Topic
Board Bitcoin Discussion
Re: what is your reason for gifting bitcoin
by
Lida93
on 26/02/2023, 12:29:15 UTC
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.