The holiday season is upon us, and many of us will be spending time with friends and family in the coming weeks. As a result, there are bound to be some awkward moments when it comes to finding suitable gifts for your loved ones. And while we’re all aware that people are generally over-commercialized at this time of year, the truth is that most of us still like to receive thoughtful presents from those closest to us. Luckily, you can introduce your loved ones to the wonders of investing in cryptocurrency this holiday season by gifting them Bitcoin. Here are five great tips on how you can do just that!
Know your Bitcoin selling points
This is true of all gift items. Before you begin shopping for your Bitcoin gift, it’s important to know the key selling points of cryptocurrencies in general, and Bitcoin in particular. First of all, Bitcoin is decentralized and has no governing superpowers. This means that your gift recipient won’t be subject to the whims and desires of a single government. This also means that no government can freeze your gift recipient’s Bitcoin, like they can freeze centrally-controlled assets. Next, Bitcoin is remarkably safe. There have been a few hacking incidents with crypto exchanges, but the underlying blockchain technology is virtually hack-proof. This makes Bitcoin a great gift for people who are looking for a safe place to store money for the long term. And, last but not least, Bitcoin is a fast and efficient way to send money across the globe. This is especially true if you send your gift recipient some of the money via Bitcoin’s off-chain payment channels.
Give the gift of learning
The best gift you can give your loved ones is the gift of knowledge, and this is especially true when it comes to the world of cryptocurrencies. Why not give your loved ones a subscription to an online course or an e-book designed to introduce them to Bitcoin and other decentralized technologies? There are many great options out there, including the Bitcoin 101 course by CryptoCred. There are also tons of great books on the subject, such as The Bitcoin Standard by Saifedean Ammous. Be warned, though. Your gift might actually cost you more than you’d expect! That’s because most online courses and e-books are available for free. Still, if you come across a paid course or book that’s great, you should absolutely make the purchase, as it will be a gift for you as well!
Buy them a hardware wallet
A hardware wallet is an offline device that your loved ones can use to store their Bitcoin. These wallets are highly secure and come with a number of extra features, including price tracking and transaction monitoring. You can purchase a Ledger Nano S or a Trezor wallet online, and many retailers will even offer gift wrapping. If you’re looking to spend a few extra dollars, you can also purchase a premium edition of the above-mentioned CryptoCred course. It comes in a nice gift box and is delivered to your loved ones via a USB drive. The only downside here is that the course is only available in digital form. Still, if your gift recipient is tech savvy, this might just be the perfect gift.
Come up with an exclusive holiday gift package
If you’re truly stuck for ideas, why not come up with an exclusive holiday gift package that includes a few items related to trading Bitcoin and other cryptocurrencies? You can start with a printed T-shirt, onesie, or a mug with a crypto-related design. Then, add an offline paper wallet, a hardware wallet, or even a paper containing redeemable crypto gift cards as a finishing touch to your gift pack. You can shop around online for the best prices and even find a few great deals on bulk orders. This will allow you to minimize your costs and come up with a thoughtful present for your loved ones.
The holiday season is a great time to introduce your family and friends to the world of cryptocurrencies. All you have to do is choose a gift item or package that appeals to your loved ones and has a crypto-related design. Remember, though, that you shouldn’t expect your loved ones to jump straight into the world of cryptocurrencies. It takes a while to educate yourself on this new technology, and even longer to feel comfortable using it. If you want to gift Bitcoin, you can do so in a number of different ways. However, keep in mind that giving away crypto assets is a bit different than giving traditional presents. You can’t simply wrap up a few coins and present them as gifts. Instead, you need to learn about different gift-giving options and select the one that best suits your situation.
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