Quote from: GideonGono on February 26, 2023, 08:55:32 PM

Quote from: Y3shot on February 23, 2023, 11:24:48 AM

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.

To be honest when you mention that the person who would receive it are jobless how do you think that they could focus on investment when they are already struggling to survive?
Only those who have enough could focus on investment but if you don't have a job or source of income even if you have an investment on crypto it would just be spent up little by little because of your basic needs.

He would really sell that off because he needs money. So it would be better to give them cash as they need it so it would be better to give them cash as they need money. It would be best to gift bitcoin to those who really want to venture out into the world of bitcoin, as they will for sure keep it until they want it. If you give it to the unemployed, they will not think of it as an investment, as they need to buy food just to survive each day.