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100 sats \ 2 replies \ @antic 6 Nov 2023 \ on: What's The Best Way To Gift Bitcoin? bitcoin
This is going to sound crazy but I've given up trying to get my family to understand it and be excited by it--and the best way to gift it to them has been a CashApp transfer. They already have CashApp, they understand that (a bit) and can just hold it there and in a year or two they will wake up and notice that the balance went way up and they will start asking more questions about it because they still think in fiat terms.
This. For most people the first thing that excites people for bitcoin is seeing the "gainz" which increases their interest. From there you can foster their curiosity to have them ask you questions to get them deeper down the rabbit hole. Without the initial intrinsic motivation people usually feel lectured to. Seeing is believing.
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Yes NgU technology is a huge attraction and a great way to sneakily spark their interest. One potential thought was to include in the gift a simple table showing the value of the sats gifted in fiat terms over the past 5 years with a phrase like "Bitcoin is for saving".
Obviously the fiat amount would increase each year in the table and it'd hopefully get them thinking "Hey, maybe I should actually hold onto this as imagine what it'll be worth in 5 more years!"
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