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RE: Are Cryptocurrencies Great Gifts?
Personally, I really can't vouch whether or not cryptocurrencies are great gifts
A cryptocurrency gift will only means value to people who use cryptocurrency. It will be valueless to people who don't even know what cryptocurrency is (there are millions of people who don't). It would be worth gold to a crypto enthusiast.
A man's meat is another man's poison
I could see it being gifted similar to how some grandparents will gift bonds to their grandchildren. The kids have no clue what they are initially, but learn over time. Probably a good way to introduce people to cryptocurrencies as well! Don't know anyone that wouldn't be happy to be given some money that may be more valuable over time.
I agree with you.. It is all pros and cons, some may even loose it before finding out how useful it is
Very true. Could always be one of those gifts that you "give" a kid and really hold onto it until they are old enough to really understand or learn. Hopefully by that time it would be worth significantly more!
Don't lose your password! Most importantly.. lol
Lol, yeah, that would have to be number 1 on the list of Important Things to Know
Got that right :)
Thanks for this awesome post.
It's a lot like a gift card in that regard, I think.
Absolutely!
I definitely agree with this, it's a hit or miss.