I like the idea to carry them around. Especially as more and more people around me start talking about bitcoin and (stupidly) buy and hold them on exchanges now.. They are not interested in learning about cyber security and desktop wallets, so instead they just hold in exchanges.
Showing how easy it is to fund a paper wallet and then explaining how to get the coins moving again could help new people. Especially the second part will need a lot of attention, else the coins are likely to end up in the trash bin in a few months when they find it on a stash of papers not knowing what to do.
Topic: Carry empty paper bitcoin wallets with you - page 2. (Read 1727 times)
I have heard people giving out these paper wallets and after a month still seeing no movement on those coins. I think its more complicated for someone to be introduced to bitcoin through a paper wallet.
Yea it doesn't surprise me at all that most of those coins don't move. I'm pretty sure that by the time you finish explaining how it works most non-techies would have already forgotten what the first step was
They would probably still politely accept the paper wallet and thank you for your effort but I doubt most would bother beyond that (of course if you're giving them a few hundred dollars worth of Bitcoin, it's going to be a different story 
)Your CD/DVD idea however is not a bad one, it's much easier for people to give the CD a try when they have some free time.
I have some paper wallets as a backup in my fiat wallet next to my "paper" notes. You never know, when you walk into a Bitcoin conversation and someone wants to buy some Bitcoins or see the physical form or representation of the currency. I usually just help them to create a wallet, but it is good to show them that it can have a physical form too. ^smile^
I think giving paper wallet with balance is easier however we also have to explain them about other web wallets too because they may find it difficult to pay just through paper wallet.
Better to describe them how easy is to carry bitcoin with paper wallet and how they can easily spend those bitcoin from paper wallet via online wallet will be enough for techy guys to develop interest over bitcoin.
Better to describe them how easy is to carry bitcoin with paper wallet and how they can easily spend those bitcoin from paper wallet via online wallet will be enough for techy guys to develop interest over bitcoin.
If people inquire about bitcoin perhaps give them one.
I was at a shop last week and he asked how I would like to pay. I said bitcoin or Visa, he said oh that is still around? Explained a bit and gave him 2mBTC.
Spread the info to those that are interested! (I also have made a bitcoin for beginners cd LOL!)
I was at a shop last week and he asked how I would like to pay. I said bitcoin or Visa, he said oh that is still around? Explained a bit and gave him 2mBTC.
Spread the info to those that are interested! (I also have made a bitcoin for beginners cd LOL!)
By giving him a paper wallet you may know the private key
, on these days in most popular/rich countries people have android or iOS i would suggest like BNM above a mobile wallet. I like your idea by saying "bitcoin and visa" this is how us should promote bitcoin to others.He could not actually make someone download something on their phone while at work. But on any other situation, it is better if we show others how to use bitcoin wallet and how to fund or spend its content. And an initial amount is also very good motivator specially if the exchange rate is very high. They will be tempted to explore it more.
Paper Wallet? I never though of using Paper Wallet to introduce someone about bitcoin.
Maybe this could solve my problem when i introduce bitcoin to my friends
But wouldn't it be much better to introduce them bitcoin with online wallet first.Since you intend to give some small amount,keeping them on paper wallet will not encourage him to spend bitcoin and get to know how bitcoin works.Maybe this could solve my problem when i introduce bitcoin to my friends
I think paper wallet will be a good idea. The paper wallet should be designed to have the instructions on how to use bitcoin- maybe with website or point to a reputable online wallet.
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Two thoughts:
1) Unless your friend would be interested in Bitcoin, I do not think it is worthwhile to push anything on them. BTC is not drop-dead easy for beginners to use. Nor is it worth it to "cast pearls before swine". The little bits of BTC would likely just stay idle...
2) And, yes, as various above have mentioned, it would probably be easier (you and him) to help him set up an online wallet on their smartphone.
Two thoughts:
1) Unless your friend would be interested in Bitcoin, I do not think it is worthwhile to push anything on them. BTC is not drop-dead easy for beginners to use. Nor is it worth it to "cast pearls before swine". The little bits of BTC would likely just stay idle...
2) And, yes, as various above have mentioned, it would probably be easier (you and him) to help him set up an online wallet on their smartphone.
Paper Wallet? I never though of using Paper Wallet to introduce someone about bitcoin.
Maybe this could solve my problem when i introduce bitcoin to my friends
But wouldn't it be much better to introduce them bitcoin with online wallet first.Since you intend to give some small amount,keeping them on paper wallet will not encourage him to spend bitcoin and get to know how bitcoin works. Maybe this could solve my problem when i introduce bitcoin to my friends
I did the same at work, but I only gave away some Bitcoins to the people who were genuinely interested and those who asked questions. I always have the option to swipe those coins, if these people
did not use or transferred it to their own Bitcoin address. { I keep a copy } ... I told them, if they did not use it or transferred it to their own Bitcoin address, I would take it back. You only need to give
them small amounts ... between $5 and $10 as a startup fund to play with. So yes, it is a good idea.
Letting them keep the bitcoin might actually be a better idea, it gives them more flexibility as they can have more long-term things that they can do with it. Hopefully you didn't tell them that you kept an extra copy of the key- that would make me transfer the BTC right away, lol. did not use or transferred it to their own Bitcoin address. { I keep a copy } ... I told them, if they did not use it or transferred it to their own Bitcoin address, I would take it back. You only need to give
them small amounts ... between $5 and $10 as a startup fund to play with. So yes, it is a good idea.
Better to help a new user download Mycelium to Android or Breadwallet to iPhone and send them a small sum of bitcoin to get them excited. Teach them how to buy more.
This is the strategy and the way which is pretty good. Now that everyone is using smartphones for each activity done, but we must also give sufficient bitcoin so they could feel and start thinking for using bitcoin
And i think they can understand easily how bitcoin works because they can use your giveaway bitcoin to buy in stores that accept bitcoin payment..
Don't give away Bitcoins. Give away Bitcoin wallets.
I did the same at work, but I only gave away some Bitcoins to the people who were genuinely interested and those who asked questions. I always have the option to swipe those coins, if these people
did not use or transferred it to their own Bitcoin address. { I keep a copy } ... I told them, if they did not use it or transferred it to their own Bitcoin address, I would take it back. You only need to give
them small amounts ... between $5 and $10 as a startup fund to play with. So yes, it is a good idea.
did not use or transferred it to their own Bitcoin address. { I keep a copy } ... I told them, if they did not use it or transferred it to their own Bitcoin address, I would take it back. You only need to give
them small amounts ... between $5 and $10 as a startup fund to play with. So yes, it is a good idea.
Better to help a new user download Mycelium to Android or Breadwallet to iPhone and send them a small sum of bitcoin to get them excited. Teach them how to buy more.
This is the strategy and the way which is pretty good. Now that everyone is using smartphones for each activity done, but we must also give sufficient bitcoin so they could feel and start thinking for using bitcoin
This actually is a good idea. I might actually have to have some empty wallets and have them printed out on a piece of paper so if they asked me about bitcoin, I can just give them the paper and the instructions on how to use it. That way, they have the opportunity to actually explore what bitcoin is and use it firsthand.
Explained a bit and gave him 2mBTC.
Best way to spread bitcoin, gave small amounts to people to try to use it. Its fastest learning way.giving it to a shop like OP is a good idea but walking around giving "people" to use bitcoin is not a good idea because after you give them free bitcoin the first thing they are going to do is taking out their phone and search "where can i sell bitcoin" and "bitcoin price" then dump it for fiat.
If I was in an evangelical mood, I don't think paper wallets are the way. They remove the most interesting elements from the whole thing which is the live exchange/internet aspect. They're also more than likely to discard or lose it.
Far better to get them to download a wallet to their phone and they can watch a live transaction take place. Even then they'll probably lose their seed.
Far better to get them to download a wallet to their phone and they can watch a live transaction take place. Even then they'll probably lose their seed.
I have heard people giving out these paper wallets and after a month still seeing no movement on those coins. I think its more complicated for someone to be introduced to bitcoin through a paper wallet.
Not only that. I think it is not advisable to throw free Bitcoin around to people that are only marginally interested. First the effort to make the funds usable is too high for any amount below 0.05 BTC for a person that never used Bitcoin before. Second - which is the more important psychological reason - giving away Bitcoin for free makes it less desirable to own.
I would only give out Bitcoin, if the person did some work or sold some goods to explicitly obtain Bitcoin. Giving away Bitcoin without request to people barely interested makes Bitcoin appear less valuable, because something valuable is generally not given away for free. So it might actually have a negative impact on the perception of Bitcoin.
Giving away Bitcoin should require the explicitly stated desire of a person to own it. Anything else could make Bitcoin appear like the latest fad that needs marketing to be sold off to the masses.
ya.ya.yo!
I guarantee you 99% of people start using Bitcoins looking for ways to earn 'free' bits. People start with faucets, earning nickels on bitcointalk to write reviews for websites or whatever it might be. I would have been way more interested way faster if I didn't spend 2 months to earn those measly 2mBTC!
If people inquire about bitcoin perhaps give them one.
I was at a shop last week and he asked how I would like to pay. I said bitcoin or Visa, he said oh that is still around? Explained a bit and gave him 2mBTC.
Spread the info to those that are interested! (I also have made a bitcoin for beginners cd LOL!)
If there are people asking about bitcoin i just give them answers bitcoin is money, i think it is simple answers and let them to think and looking for information about bitcoin. I was at a shop last week and he asked how I would like to pay. I said bitcoin or Visa, he said oh that is still around? Explained a bit and gave him 2mBTC.
Spread the info to those that are interested! (I also have made a bitcoin for beginners cd LOL!)
Explained a bit and gave him 2mBTC.
Best way to spread bitcoin, gave small amounts to people to try to use it. Its fastest learning way. If people inquire about bitcoin perhaps give them one.
I was at a shop last week and he asked how I would like to pay. I said bitcoin or Visa, he said oh that is still around? Explained a bit and gave him 2mBTC.
Spread the info to those that are interested! (I also have made a bitcoin for beginners cd LOL!)
I was at a shop last week and he asked how I would like to pay. I said bitcoin or Visa, he said oh that is still around? Explained a bit and gave him 2mBTC.
Spread the info to those that are interested! (I also have made a bitcoin for beginners cd LOL!)
Almost want to say that I'm proud of you! For people that use bitcoin ~ to take a few minutes to educate others about it and give a small incentive is the logical way to spread awareness.
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