Topic: Bitcoin as a longterm gift (Read 185 times)
By the looks of the price of Bitcoin over the last 3 or 4 months, Bitcoin won't last very long.
Well, this is a great investment in the future 
I think we can say that bitcoin will definitely not disappear in the next 20-30 years, and there is a chance that what you have invested now will grow in the future.
I think we can say that bitcoin will definitely not disappear in the next 20-30 years, and there is a chance that what you have invested now will grow in the future. Any suggestions are welcome
Thanks
Edit: plan is to tell them not to open it before 2032, thats why i wrote longterm wallet.
Thanks
Edit: plan is to tell them not to open it before 2032, thats why i wrote longterm wallet.
I believe Mitchell have what you need.
Mitchell's BtTalk profile : https://bitcointalksearch.org/user/mitchell-113670
Mitchell's website :
https://www.coinsofnakamoto.com/
Good luck.
Those paper wallets look fancy but as always there is no garantee that the private keys were saved by the manufacturer or extracted in other ways. I would never use this to load BTC.
Hi all
I am godfather next week, and I want to give this child some btc.
I am godfather next week, and I want to give this child some btc.
congratulations to you, and congratulations to the baby. Not all babies will grow up with BTC waiting to be spent. XD
Any suggestions are welcome
Thanks
Edit: plan is to tell them not to open it before 2032, thats why i wrote longterm wallet.
Thanks
Edit: plan is to tell them not to open it before 2032, thats why i wrote longterm wallet.
I believe Mitchell have what you need.
Mitchell's BtTalk profile : https://bitcointalksearch.org/user/mitchell-113670
Mitchell's website :
https://www.coinsofnakamoto.com/
Good luck.
It is a very nice Idea! I have two tips:
- Create the wallet offline with a trusted generator
- Give instructions with the gift on how to spend the coins so there is no mistake made when the time comes. Also things like „if the seed is lost there is no way to get the coins“ which might not be clear to non bitcoin users.
- Create the wallet offline with a trusted generator
- Give instructions with the gift on how to spend the coins so there is no mistake made when the time comes. Also things like „if the seed is lost there is no way to get the coins“ which might not be clear to non bitcoin users.
I think possibly the easiest way to do this is laminated paper wallets. Generate them offline on bitaddress.org.
Bitaddress.org is okay, but be careful: many other sites give you a compromised paper wallet, even if you create it offline!A private key will work long after most of the current wallets have disappeared.
I think possibly the easiest way to do this is laminated paper wallets. Generate them offline on bitaddress.org.
Make sure the computer you use to do it is clean. Keep them in a safe or something until the kid is of age & then hand them over, no problems.
Make sure the computer you use to do it is clean. Keep them in a safe or something until the kid is of age & then hand them over, no problems.
I Think Of Course Bitcoin Longterm Gift.
Right Now Time To Buy Bitcoin And Gift Someone. Because Now BTC price So Dumped its Time to bTC Buy and Hold.
Right Now Time To Buy Bitcoin And Gift Someone. Because Now BTC price So Dumped its Time to bTC Buy and Hold.
I would be more than happy to receive such a gift!
so go for it.
so go for it.
Definitely, though you have to give them one whole bitcoin 
Seriously though it is a great gift... but I would find a way to store it physically somehow if you can.
Websites and services may not exist in 15 years time.
Seriously though it is a great gift... but I would find a way to store it physically somehow if you can.
Websites and services may not exist in 15 years time.
Hi all
I am godfather next week, and I want to give this child some btc.
What is the best way to do it?
What wallet to choose (software) that in youre opinion would work in the next 10+ years?
I was planing to do next:
From exchange send btc to that wallet
In greeting card to write seed with hand
Plastify that card
This is the plan to do, if there are some better suggestions please let me know.
I downloaded muun wallet, but seed words are not like the one I use
To saw on other wallets I used before (bread wallet).
On bread wallet seed are the words from dictionary, from muun are bunch of codes.
I read that bread wallet was buyed from some company, and I think is not longterm to use it (maybe im wrong)
What wallet do u suggest?
Are there some greeting card for this, some templates you think are cool?
Any suggestions are welcome
Thanks
Edit: plan is to tell them not to open it before 2032, thats why i wrote longterm wallet.
I am godfather next week, and I want to give this child some btc.
What is the best way to do it?
What wallet to choose (software) that in youre opinion would work in the next 10+ years?
I was planing to do next:
From exchange send btc to that wallet
In greeting card to write seed with hand
Plastify that card
This is the plan to do, if there are some better suggestions please let me know.
I downloaded muun wallet, but seed words are not like the one I use
To saw on other wallets I used before (bread wallet).
On bread wallet seed are the words from dictionary, from muun are bunch of codes.
I read that bread wallet was buyed from some company, and I think is not longterm to use it (maybe im wrong)
What wallet do u suggest?
Are there some greeting card for this, some templates you think are cool?
Any suggestions are welcome
Thanks
Edit: plan is to tell them not to open it before 2032, thats why i wrote longterm wallet.
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