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Topic: Paper Wallets For Tipping - page 2. (Read 398 times)

sr. member
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Vave.com - Crypto Casino
June 08, 2019, 08:52:28 PM
#11
You can also create many wallets and print their private key as a qr code and provide the qr pictures as a bill for tip. A paper wallet generator would help to do everything and you just have to send the money on the wallet address. This way you also provide them a useable wallet.
hero member
Activity: 1274
Merit: 519
Coindragon.com 30% Cash Back
June 08, 2019, 08:39:26 PM
#10
It's a great way to promote bitcoin awareness. Some people have an idea about bitcoin but skeptical to go further to know it. So, I guess tipping via paper wallet and asking them to look for how to cash out their crypto.
legendary
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June 08, 2019, 05:55:00 PM
#9
I've actually thought about it, but never used it. When I have food delivered, I usually tip a few euro at most. The most used local exchange service has a minimum payout amount of 10 euro. Add the Bitcoin transaction fees, and the minimum amount required is much more than a decent tip, while a large part of it is lost to fees.

Yup, that's what I also thought.

Yes, they eyes were shining because many think that Bitcoiners are filthy rich and they may get a car (even an used one) from that tip (I may be exaggerating, but you get the point).
I fear that after trying to withdraw those Satoshi into something meaningful for them (fiat), many will get disappointed and the actual effect could be the opposite of what was intended.
hero member
Activity: 697
Merit: 520
June 08, 2019, 05:36:21 PM
#8
How much did you give her? I wonder if she thought she was getting a whole coin or something. Smiley

I've actually thought about it, but never used it. When I have food delivered, I usually tip a few euro at most. The most used local exchange service has a minimum payout amount of 10 euro. Add the Bitcoin transaction fees, and the minimum amount required is much more than a decent tip, while a large part of it is lost to fees.

If you're feeling flush, drop a few mBTC on 'em. Otherwise I agree, it's probably not worth it.
hero member
Activity: 2730
Merit: 632
June 08, 2019, 05:32:46 PM
#7
I've actually thought about it, but never used it. When I have food delivered, I usually tip a few euro at most. The most used local exchange service has a minimum payout amount of 10 euro. Add the Bitcoin transaction fees, and the minimum amount required is much more than a decent tip, while a large part of it is lost to fees.

I've given away funded paper wallets though, it's better when the occasion justifies a larger monetary amount.
I also have the idea on giving out those paper wallets but it do changes up my mind yet the fees are way too big which would add up on the
tip amount.Im not fan on giving out tips but there are cases where I do love the service given by other people.
member
Activity: 473
Merit: 11
June 08, 2019, 05:24:37 PM
#6
This still proves that some people are still interested in knowing more about crypto, so maybe some people might already know how to work but this is a unique way to introduce new people. But they would be have a trouble for the fees when they want to make it to fiat.
legendary
Activity: 3290
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June 08, 2019, 05:09:21 PM
#5
I've actually thought about it, but never used it. When I have food delivered, I usually tip a few euro at most. The most used local exchange service has a minimum payout amount of 10 euro. Add the Bitcoin transaction fees, and the minimum amount required is much more than a decent tip, while a large part of it is lost to fees.

I've given away funded paper wallets though, it's better when the occasion justifies a larger monetary amount.
sr. member
Activity: 1596
Merit: 335
June 08, 2019, 04:58:04 PM
#4
I agree with you. Even simple people will be aware of cryptocurrency through that kind of strategy. I love the idea of tipping with BTC so people will be eager to search and know everything about crypto. It will be an eye-opener for them. I just wish that people who will receive tips like that would have the eagerness to search and explore the usage of cryptocurrency.
legendary
Activity: 2240
Merit: 1069
June 08, 2019, 04:35:56 PM
#3
This is a good way to promote bitcoin. The only problem I see here is if they lose the paper wallet or they ignore the importance of the private keys on those wallets. They are newbies in crypto and they can easily make mistakes that can cost them the money.

It is a nice way to promote the crypto and for sure anyone would love to have a tip so they would surely accept it,
But I am sure that this wouldn't work on everyone and people would doubt it like for those who already know how it works.
They would doubt that the wallet you gave would still have some crypto when they use it because you could have the same copy of that wallet and right after the delivery guy leave you could access it and send it to another wallet.

You are tipping them, not scamming them. What is the use of sending funds to the paper wallet if you will transfer them anyway? Just send them empty paper wallet then if that is your intention.
sr. member
Activity: 1176
Merit: 301
June 08, 2019, 03:43:15 PM
#2
It is a nice way to promote the crypto and for sure anyone would love to have a tip so they would surely accept it,
But I am sure that this wouldn't work on everyone and people would doubt it like for those who already know how it works.
They would doubt that the wallet you gave would still have some crypto when they use it because you could have the same copy of that wallet and right after the delivery guy leave you could access it and send it to another wallet.
newbie
Activity: 7
Merit: 14
June 08, 2019, 03:25:15 PM
#1
Last night I ordered a pizza for my family and I. I used a gift card to pay. I don’t carry cash but I have a bunch of unused paper wallets. When the delivery girl got to my house I asked, “Do you use bitcoin?” I could tell she knew of it, but wasn’t to familiar. So, I told her I want to tip her, but would she accept bitcoin. Her eyes lit up and she agreed.

So, I grabbed a spare paper wallet, scanned the QR code, sent the tip, gave her the wallet, and before she left I told her to google “bitcoin paper wallet cash out” or something like that if she wants fiat. She genuinely seemed excited.

I did same thing a few days ago and that delivery boy had the same reaction.

For people who are unsure or skeptical, I think this is a good idea for everyone in the space bc 1)it’s a direct connection to one’s labor, 2) the face-to-face voluntary transaction of tipping is apart of the Satoshi ethos, 3)its something physical, 4)the physical paper will help them understand the abstract aspect of money and 5)it creates a financial incentive for them to give bitcoin cursory examination, at least.

At that point, I hope they continue  down the Rothbardian hole and see the fed (and all central banking) for the criminal instruction they are.

Thoughts?
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