Is crypto good as a gift?

[McIrx]

Depends largely on the person to be gifted. Giving a crypto gift to someone who knows nothing and not willing to know about cryptocurrency is a waste of gesture. However, it can also serve a pathway to getting an uninformed person interested in the wonderful impact of cryptocurrency on financial freedom.

 

[Laurentta]

I do not think crypto is a good option as a gift. This is because not everyone likes to carry out transactions with crypto currencies. Most people prefer using cash to carry out transactions.

 

[Heatman]

I think giving crytpo as a gift is less bad than investing in it. And I know that kind of sounds stupid, but I think once someone has their own currency, it's up to them if they want to hold onto it.

With that being said, do you think crypto is a good option as a gift?

I don't see anything wrong with gifting someone cryptocurrency whenever you feel like because there is a reason why it is called gift, which means that it is what you decide to give to someone whom you felt like giving something in a remembrance to any particular thing.

 

[Mostee501]

Cryptocurrency can be an interesting and potentially valuable gift for certain individuals. It's important to assess the recipient's preferences, knowledge, and interests before deciding if crypto is a suitable gift. It can be an intriguing and potentially valuable gift for some, but it may not be the right choice for everyone.

 

[Riberet19]

Cryptocurrency can be an interesting and potentially valuable gift for certain individuals. It's important to assess the recipient's preferences, knowledge, and interests before deciding if crypto is a suitable gift. It can be an intriguing and potentially valuable gift for some, but it may not be the right choice for everyone.

Yes, really everything depends on the receiver and how much he knows about cryptocurrencies in general, because if he does not have any knowledge he wouldnt even know how to receive them, it is better to give it as a gift to a person who is interested in them, since he will receive them with pleasure.

 

[Heatman]

Cryptocurrency can be an interesting and potentially valuable gift for certain individuals. It's important to assess the recipient's preferences, knowledge, and interests before deciding if crypto is a suitable gift. It can be an intriguing and potentially valuable gift for some, but it may not be the right choice for everyone.

I think there was a time PayPal actually offered cryptocurrency as gift to their users and if I remember correctly, it was $5 worth of cryptocurrency that they offered to all of the users. Well, I can say that's a lot of money compared to all their users they gave $5 crypto gift.

 

[Melanie M]

If the recipient of the gift is familiar with cryptocurrency and is comfortable with the risks associated with holding it, then gifting cryptocurrency can be a unique and potentially valuable gift option.

However, if the recipient is not familiar with cryptocurrency or is not willing to take on the associated risks, it's better to consider other gift options.

I wouldn't know what to do with crypto if someone gave it to me as a gift.
I guess I'd bring it over here and ask someone what to do.
But nobody in my family knows much about crypto, and they certainly wouldn't know how to gift it, so I guess I don't need to worry about it either way.
But sure, if you're into crypto and you know someone else who is too, I think they would love it as a gift.

 

[Heatman]

Yes, really everything depends on the receiver and how much he knows about cryptocurrencies in general, because if he does not have any knowledge he wouldnt even know how to receive them, it is better to give it as a gift to a person who is interested in them, since he will receive them with pleasure.

One thing that I've known about cryptocurrency is that you cannot gift it to someone who doesn't know about cryptocurrency because the person must have provided you with his cryptocurrency wallet address or binance pay ID if the person is making use of Binance.

 

[Skysaint]

Yes, cryptocurrency coins could serve as a gift just that the catch there is that the other person you're sending to should know a thing or two about withdrawing their cryptocurrency assets. It's really no difference from giving them physical money.

 

[Shortie]

If the person you are gifting the crypto to uses crypto and it is something they can make use of and would appreciate it as a gift, I can't see why it would not be a good gift to give someone.

I myself am still learning so much about crypto but I will admit, receiving crypto a a gift would be nice for say birthdays and Christmas

 

[Ja Sa Bong]

I think giving crytpo as a gift is less bad than investing in it. And I know that kind of sounds stupid, but I think once someone has their own currency, it's up to them if they want to hold onto it.

With that being said, do you think crypto is a good option as a gift?

A gift is whatever you choose to give to anyone. If you decide it's going to be cryptocurrency, so be it. If the person can accept cryptocurrency, you would be able to gift him or her. I've received cryptocurrency gifts twice and I was very happy.

 

[Heatman]

If the person you are gifting the crypto to uses crypto and it is something they can make use of and would appreciate it as a gift, I can't see why it would not be a good gift to give someone.

I myself am still learning so much about crypto but I will admit, receiving crypto a a gift would be nice for say birthdays and Christmas

Exactly! The key factor is anyone whom you want to send any kind of cryptocurrency as a gift to know how to use it because if they don't, there's no point in sending them cryptocurrency gift. It's just like taking someone who's blind to the cinema to see a movie. How can the person watch when he or she is blind.