Author

Topic: Best way to give physical bitcoin? (Read 355 times)

jr. member
Activity: 312
Merit: 1
July 10, 2019, 06:49:31 PM
#20
I've seen art sold with bitcoin embedded inside. I would really like that
copper member
Activity: 74
Merit: 1
July 09, 2019, 08:29:37 AM
#19
I would advise you to contact Olaf.. [email protected], he has 3d printed bitcoin for me as a present...he could do that for you for sure Cheesy
legendary
Activity: 3542
Merit: 1352
Cashback 15%
July 08, 2019, 12:54:11 PM
#18
I would like to give bitcoins as a physical gift for people who knows nothing about it.

I tried to create paper wallet, but it is easy destructible.

I found Casascious, it looks honest, but it is not sold anymore. Ebay is selling mostly fakes.
I like https://denarium.com/, but I am little bit afraid about security of private keys.

What is the way you are using?
you could buy her/him a ledger with bitcoin on it or there is this app called crypto.com if you at singapore you can own their visa premium card which is a killer card

Ledger itself is already $100 in price, so I don't think that anyone would be willing to spend that much for a few dollars at best just to let people get the hang of it. A good old paper wallet is great, just laminate it so as to cover the whole thing and make it weather-proof/destruction-proof for a long time. Just don't misplace it and that's where one of the many problems might persist. Also take a look at some good old Casascius sold in the Collectibles section of the forum.
full member
Activity: 201
Merit: 100
July 08, 2019, 10:57:04 AM
#17
I would like to give bitcoins as a physical gift for people who knows nothing about it.

I tried to create paper wallet, but it is easy destructible.

I found Casascious, it looks honest, but it is not sold anymore. Ebay is selling mostly fakes.
I like https://denarium.com/, but I am little bit afraid about security of private keys.

What is the way you are using?
you could buy her/him a ledger with bitcoin on it or there is this app called crypto.com if you at singapore you can own their visa premium card which is a killer card
staff
Activity: 3500
Merit: 6152
July 08, 2019, 04:27:09 AM
#16
It looks great. But what will happen if this stick will break? Bitcoin are lost?

Is here the way to securely create segwit paper wallet?

Yes, If the device no longer works, there is no way to recover the coins (unless they presented something in V4 that I'm not aware of). I wouldn't suggest them for storing big amounts for the long term anyway.

As for creating SW paper wallets: https://github.com/coinables/segwitaddress
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
July 05, 2019, 04:43:36 AM
#15
Some cool physicals at https://nastyfans.org/mint
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
July 05, 2019, 04:30:59 AM
#14
I've gifted plenty of BTC to people.

I would never gift it in a physical form that couldn't be backed up multiple times over which means something like a physical coin wouldn't cut it. People who know nothing about it won't respect it and more than likely will lose it.

Easiest will always be a paper wallet which you can keep a copy of. If it's not password protected then I hope they make a nominal attempt to keep it hidden.
legendary
Activity: 1414
Merit: 1808
Exchange Bitcoin quickly-https://blockchain.com.do
July 04, 2019, 01:38:43 PM
#13
Hit the collectibles sub here buddy. Cas coins are traded every single week.

Edit: would help if I wasn’t a twat and actually added the link

https://bitcointalk.org/index.php?board=217.0

Plenty of members there will happily assist and advise any newbies, I’m not selling anything myself at the moment but if you are wanted to spend a few BTC feel free to drop me a PM and I’ll give you advice
newbie
Activity: 5
Merit: 1
July 04, 2019, 01:32:52 PM
#12
I wouldn't give bitcoin to people who know nothing about it, and especially not physicial. But perhaps a cascasio coin could be nice indeed.

I don't know anything about https://denarium.com/, but if you do end up using them, always use multisig in case they go bust. (Although, if you're going to gift the coin, this might become a hassle, especially if the user you're gifting it to doesn't know anything about bitcoin.  Undecided)
Multisig is safe, but you need to keep another thing with second private key. Two things will be easier to lose.

You can use OpenDimes. It's basically a USB stick that you plug into your computer, you send funds to it, and then give it to someone. The wallet is sealed, and you can only spend the funds If you break some part of the stick. I suggest checking the videos on the site.
It looks great. But what will happen if this stick will break? Bitcoin are lost?

Is here the way to securely create segwit paper wallet?
legendary
Activity: 2296
Merit: 1014
July 04, 2019, 01:19:59 PM
#11
What is the way you are using?
Paper wallet is your best bet. Its free, you need to print it only, but you control the keys.
You can choose design of it, how it looks and its nice looking thing for gift (if you chose right :>)
legendary
Activity: 3024
Merit: 2148
July 04, 2019, 12:35:43 PM
#10
Paper wallets don't have to be literally made of paper, you can write the keys down on any other medium. There are multiple projects that offer tools for writing down private keys or seeds on metal, that's probably the most indestructible medium that you can get. Or you can just laminate a paper wallet to protect it from water and bugs.

But I think the biggest risk with physical Bitcoin is not that they will get destroyed, but that they will get lost - I've heard many stories how people gifted paper wallets to their friends and relatives, and those people just forgot about wallets and lost them. But now the risk of it happening is lower, because Bitcoin awareness has increased.
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
July 04, 2019, 12:12:03 PM
#9
I tried to create paper wallet, but it is easy destructible.
Assuming you don't fund it with very large amounts, I wouldn't worry much about this. People are used to gift certificates, and I don't think it's very likely they get destroyed by accident. You can laminate it against accidentally exposing the private key.

I've used this a few times to give away Bitcoin, and I'm planning a few more soon. Just 0.005 BTC by now is a decent amount (over 50 euro) for most occasions, and printing is very cheap compared to the value it holds.
I think Bitcoinpaperwallet.com looks a bit nicer for a giveaway than the one from bitaddress.org.



As a bit of an evil joke, I've been thinking about printing the same paper wallet several times, and giving a few people a copy (say at a party), telling them the first one to figure out how to transfer Bitcoin gets the cash Cheesy
legendary
Activity: 2758
Merit: 6830
July 04, 2019, 11:01:55 AM
#8
yeah that was a very safety but how we withdraw our btc ?
You unpeal the coin. There is a private-key inside of it which you can use to import in your wallet and spend the coins.

AFAIK the Denarium coins are legit.
hero member
Activity: 1120
Merit: 553
Filipino Translator 🇵🇭
July 04, 2019, 10:57:49 AM
#7
You may try giving them a ledger or trezor with a fund already (you may also let them set everything needed then get its address for you to be able to fund it). This is quite expensive rather than giving them a paper wallet or physical coin with fund. It's not easy to be broken and you can buy it directly from their website so you couldn't get scammed.
member
Activity: 256
Merit: 10
July 04, 2019, 10:50:06 AM
#6
yeah that was a very safety but how we withdraw our btc ?
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
July 04, 2019, 10:33:21 AM
#5
If I were to give out BTC to multiple people, I would let them install a good wallet on their phone. That way, they get to experience their first bitcoin transaction. I always thought that if you give people paper wallets, especially if the bitcoin aren't worth that much, chances are that they would probably just leave the paper wallet wherever, until the value goes up and they end up being unable to remember where they stored the paper wallet.
staff
Activity: 3500
Merit: 6152
July 04, 2019, 10:07:21 AM
#4
You can use OpenDimes. It's basically a USB stick that you plug into your computer, you send funds to it, and then give it to someone. The wallet is sealed, and you can only spend the funds If you break some part of the stick. I suggest checking the videos on the site.
legendary
Activity: 1946
Merit: 1427
July 04, 2019, 09:59:01 AM
#3
I would like to give bitcoins as a physical gift for people who knows nothing about it.

I tried to create paper wallet, but it is easy destructible.

I found Casascious, it looks honest, but it is not sold anymore. Ebay is selling mostly fakes.
I like https://denarium.com/, but I am little bit afraid about security of private keys.

What is the way you are using?
I wouldn't give bitcoin to people who know nothing about it, and especially not physicial. But perhaps a cascasio coin could be nice indeed.

I don't know anything about https://denarium.com/, but if you do end up using them, always use multisig in case they go bust. (Although, if you're going to gift the coin, this might become a hassle, especially if the user you're gifting it to doesn't know anything about bitcoin.  Undecided)
jr. member
Activity: 61
Merit: 6
July 04, 2019, 09:56:11 AM
#2
In order to give physical Bitcoin to your well wishers and families as gift you should ensure to visit the https://bitcointalk.org/index.php?board=217.0 where you can find more physical Bitcoin for your offering. With this thread nothing to worry about privacy as they keep them private.
Without iota of doubt, you can get all you ever wanted from the thread provide.

I register today and have been there on the thread to get some collectibles for my office use becasue i have been an investor of Bitcoin since 2007 but had never seen what the physical Bitcoin looks like, which to me is a shame on my part, more-also, i have never heard of this place since 2007 but just surfing the internet and fond out there is a place i get all i dreamed about.

For those who are responsibly for the creation of this site down to the maintenance team, you are awesome and amazing.

 
newbie
Activity: 5
Merit: 1
July 04, 2019, 09:47:40 AM
#1
I would like to give bitcoins as a physical gift for people who knows nothing about it.

I tried to create paper wallet, but it is easy destructible.

I found Casascious, it looks honest, but it is not sold anymore. Ebay is selling mostly fakes.
I like https://denarium.com/, but I am little bit afraid about security of private keys.

What is the way you are using?
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