Give Bitcoin as a Christmas gift. How to make Bitcoin a more upscale gift

Bitcoin has seen a great run in 2016, and many believe that the Bitcoin bull run has just begun. In addition, Bitcoin has many uses that other investment tools do not have: Bitcoin can be used as a store of value and a medium of exchange, which can diversify investment portfolios. For these reasons, Bitcoin can be a perfect gift for friends and family. With New Year's Day and Christmas approaching, let's take a look at some unique ways to give Bitcoin to family and friends.

Paper Bitcoin Wallet

Paper red envelopes are an easy way to give Bitcoin. You can write down all the relevant information needed to spend Bitcoin on a physical piece of paper, including the public and private keys required for Bitcoin transactions. In addition, paper wallets usually have a QR code that can be scanned to transfer Bitcoin directly to a software wallet for quick transactions. Paper wallets can be customized by yourself or purchased online.

Bitcoin Gift Cards

Bitcoin gift cards are also an easy way to give Bitcoin. Buyers need to choose the Bitcoin denomination of the gift card and then simply fill out the order form on a portal, such as bit4coin. Once the order is confirmed, the gift card will be mailed to the specified address. The recipient can then easily redeem the gift card for Bitcoin. These gift cards usually not only indicate how to redeem the Bitcoin, but also guide you on how to open your wallet.

Bitcoin Hardware Wallet

Bitcoin keys stored on a hardware device, such as a USB device, or a hardware Bitcoin wallet can also be a decent way to give Bitcoin away. Hardware wallets are becoming the first choice for offline mode protection wallets. Bitcoin hardware wallets are usually small in size, waterproof and virus-proof, and even support multi-signature transactions. This kind of wallet is very convenient for sending and receiving virtual currency, and also supports micro storage device backup and QR code scanning. Examples include Trezor, Pi-Wallet and BitSafe hardware wallets, etc.

Physical Bitcoin

In addition, physical coins of the Bitcoin virtual currency are also available and can be given as gifts; these coins are generally made of copper, silver and gold and are issued in limited editions. Although these physical coins are more meaningful as display items, they do have real value. They can carry a Bitcoin address and private key, so Bitcoin can be redeemed.

Bitcoin has intrinsic value as a gift: the recipient can use Bitcoin to make purchases, pay bills, or save it to sell at a higher price. Just like gold and cash, the value of a Bitcoin gift is clear, and there is no need to add a price tag like other gifts. For those who are interested in learning about Bitcoin or those who want you to introduce Bitcoin, Bitcoin is definitely a great holiday gift.