How to Give Bitcoin as a Gift
Whether it’s last minute or planned, what’s the best way to give it?
Most if us are lucky enough to have had a childhood where we experienced at least once the joy of opening a birthday or Christmas card and watching with excitement as a currency note fluttered to the ground. It was usually a small denomination, but in our minds, we were rich!
Many of us still use notes in cards as gifts at special times of year, but as we grow older we find that we’re now the ones providing them rather than receiving them, such as it should be.
So while the process for cash is well proven and millions of dollars, pounds, euros and many other currencies change hands every year in little envelopes physically sent through the traditional mail system, how does this line up with the ever increasing digital world? How do you do it with something like Bitcoin?
And why would you bother anyway?
Your childhood dollar vs your child’s Bitcoin
The biggest cash gift I ever got was £15 from my late grandad when I was about eleven. I distinctly remember the three old style five pound notes falling out of the card one by one and feeling so excited. I had simply never seen so much money.
