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RE: Are Cryptocurrencies Great Gifts?
Short answer...YES! :)
I did a post a long time ago about a tweet where a man gave his friends newborn a btc paper wallet.
https://steemit.com/bitcoin/@digicrypt/newborn-baby-gets-bitcoin-paper-wallet-as-gift
I know it is common for ppl to setup savings bonds for kids or buy a share in Disney for example. I think it could be common in the future, to gift btc or crypto to a newborn, with the idea that it will gain value over time. The money is valuable but the education even more so!
Check out https://bancor.network's smart token baskets. It's pretty awesome for our long-tail currencies!
Looking into it right now. It is pretty fascinating, If I am understanding this correctly...it is essentially like a stock ETF , by buying/holding a single token you get exposure to a variety of ERC20 tokens?
The financialization of crypto is happening so rapidly it is incredible, even more incredible is that fact that nearly no one is talking about it! Thanks for the tip on bancor.