Happy Easter everyone
Today I gave out $20 to 5 random high school students each in a WhatsApp group after of course enlightening them about Bitcoin and conducting a quiz for them I did this in hopes of trying to assist in developing the Bitcoin ecosystem although it's of small impact
I sent the Bitcoin to Thier noncustodial wallet and also enlightened them on how to manage Thier wallet
What do you think!?
That's good work, I think it will create a bit of curiosity on them about Bitcoin. You can share their bitcointalk forum resources with them if you want, and I would like to suggest you to continue such activities to increase their interest or thus promote bitcoin. You can also tell them about the history of Bitcoin in detail and suggest them to hold because your four dollar amount of Bitcoin will multiply in the future.
It is a very good initiative to make students aware about Bitcoin. But since you give $20 to five random students, each student will get $4. In this case, if you want to pay them via Bitcoin, you will be charged a $0.5-$1 transaction fee when you send that $4 to their Bitcoin address. And when those students go to sell those bitcoins they will still be charged exactly the same fee. So this fee may seem unfair as there are small amount transactions. But on the other hand if you pay it in fiat then they won't know much about bitcoin. So you pay in Bitcoin it will help them to understand about Bitcoin practically.
Including transaction fees and Other fees are included put these expenses in the expenses in the cost of op. But I think we should welcome this step of the op. We respect his initiative regardless of the prize amount, and I don't think he needs to give this prize in fiat currency because there are many exchanges already that withdraw small amounts. Although the amount of the prize may be small, it can create curiosity about Bitcoin among his students and that can bring that student will search for details about it and later spread the matter through him it is also natural.So apparently he should call this initiative unfair.