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Topic: Would you give bitcoin as a wedding gift? - page 40. (Read 17938 times)

legendary
Activity: 1946
Merit: 1007
I would consider it if I knew the couple was into crypto or interested enough into it to be willing to get hold of some.

Whether you give money or bitcoin worth the equivalent shouldn't matter in that case imo.
sr. member
Activity: 546
Merit: 255
Well, I can't really say though, but I guess I'm neutral on this one. It's okay for me as the one who will receive the gift to accept any kind of gifts as long as they mean it. Be it cash or materials things and honestly if I'll choose what wedding gift I will give? I think I'll go for material things because I feel like it will give more value and appreciation to the new couple than to give bitcoin instead. This is just my opinion tho.
hero member
Activity: 812
Merit: 500
Maybe if the couple knows about bitcoin and they been using it for a long time before they decided to get married. Maybe im the only one who have the most unique gift in thier wedding day.
hero member
Activity: 686
Merit: 500
That would be a valuable gift indeed.I think in today's situation where bitcoin is being legalized every where,it would be meaningful to give such a gift.We could wish them that their life should also progress just like bitcoin with hope that bitcoin price would increase more.
hero member
Activity: 1526
Merit: 596
Quote
Some tech-savvy wedding-goers are gifting the digital currency to new couples. Honeyfund, a honeymoon registry that allows guests to give cash rather than gifts, has seen more than a dozen customers donate in bitcoin, said chief executive officer and co-founder Sara Margulis. In recent years, more than a dozen customers have chosen to route donations to the site from bitcoin wallets. Zola, a wedding registry website, has had just two cash funds created for bitcoins since 2013, a spokeswoman said. "I would expect it to pop more as millennials come into the wedding age,” Honeyfund’s Margulis said. “It’s something you will do if your friends and family are already into bitcoin.

Bitcoin as an retirement plan, bitcoin to secure the future of your kids, and now bitcoin as a wedding gift. Whether or not bitcoin replaces cash in future, it looks like the trend of gifting bitcoin instead of cash at weddings is definitely going to catch up and more wedding registeries would be adding bitcoin as a gifting option.

Quote
Avoid using a wedding gift "as an opportunity to proselytize a technology you personally believe in, but the recipient could not care less about."

People who are not into bitcoin might not appreciate getting a volatile currency as a gift, and might never use it, thus adding it to the list of lost coins, but I think people who are already using bitcoin or would most probably use it in future then bitcoin instead of cash is the apt wedding gift for them.

http://www.marketwatch.com/story/would-you-give-bitcoin-as-a-wedding-gift-2017-06-27

I voted yes.

With the current influx of great wallet interfaces that make bitcoining so much simpler than it was ever before, i think that it is fair to say that giving people some bitcoins so that they can try out the technology and get to know the future of banking is a great idea.

I dont necessarily think that we should avoid giving bitcoin to people that don't know abotu it. In fact that's the main way how others get to know about bitcoin and become interested in it - by word of mouth and gifts.

Don't be lame though, be creative with your bitcoin gift ideas on a wedding day...
hero member
Activity: 1078
Merit: 501
If they have a bitcoin wallet, then why not give them some of your bitcoin? it is not bad to give some of it and I think newly weds will also appreciate your gift because you still give effort to give a gift to them and if they already know about bitcoin and they also have bitcoin, for sure they will really love your give and save it for their budget for their honeymoon.  Grin
hero member
Activity: 532
Merit: 501
To be completely honest, I wouldn't give away my Bitcoin to anyone really.(Unless there was some sort of serious emergency) Bitcoin is definitely an investment for me and you don't see many people just giving away their investments. The point of an investment that is long term, like Bitcoin, is for you to hold onto it for a long time until the time is right to sell. Also, giving Bitcoin as a gift is like giving money as a gift, yes the person can do whatever they want with it, but it shows that you don't really care about them or just weren't bothered to actually get them a present. Also, I don't know many people that use Bitcoin, and the ones I do know, are either already married or aren't even in a relationship.
hero member
Activity: 700
Merit: 500
Actually, I was getting married half a year ago, and I really hoped that one of my nerdy friends will give me a bitcoin as a present.
I guess it depends on the receiver, and what are his thoughts about bitcoin.
I agree that you shouldn't force your prefered investment on someone else, but if he is already into this - why not?!
I say: Go for it!

P.S
And if one of you want to give me a late wedding present, my address is in my profile  Tongue
newbie
Activity: 21
Merit: 0
Ahaahaha ... this is a very interesting question. I consider that bitcoin is a good gift, but on a wedding day I would give something more traditional.
hero member
Activity: 644
Merit: 501
Quote
Some tech-savvy wedding-goers are gifting the digital currency to new couples. Honeyfund, a honeymoon registry that allows guests to give cash rather than gifts, has seen more than a dozen customers donate in bitcoin, said chief executive officer and co-founder Sara Margulis. In recent years, more than a dozen customers have chosen to route donations to the site from bitcoin wallets. Zola, a wedding registry website, has had just two cash funds created for bitcoins since 2013, a spokeswoman said. "I would expect it to pop more as millennials come into the wedding age,” Honeyfund’s Margulis said. “It’s something you will do if your friends and family are already into bitcoin.

Bitcoin as an retirement plan, bitcoin to secure the future of your kids, and now bitcoin as a wedding gift. Whether or not bitcoin replaces cash in future, it looks like the trend of gifting bitcoin instead of cash at weddings is definitely going to catch up and more wedding registeries would be adding bitcoin as a gifting option.

Quote
Avoid using a wedding gift "as an opportunity to proselytize a technology you personally believe in, but the recipient could not care less about."

People who are not into bitcoin might not appreciate getting a volatile currency as a gift, and might never use it, thus adding it to the list of lost coins, but I think people who are already using bitcoin or would most probably use it in future then bitcoin instead of cash is the apt wedding gift for them.

http://www.marketwatch.com/story/would-you-give-bitcoin-as-a-wedding-gift-2017-06-27

Have to disagree with the statement that if you give bitcoin as a gift to people who don't know about bitcoin, it's not appropriate. And you should only give bitcoin to those who actually use it.

Of course, if you just leave them a private key and that's it, then the newlyweds aren't going to know anything about how to access the funds that are secured inside. What I would do is to include a wallet recovery seed hidden inside a card(perhaps bolding the words that make up the recovery phrase) and give clear instructions of how to use it.

Not only will it be interesting and adventurous for them to open and access the bitcoins, you are also introducing someone new to bitcoin, which is always a good thing.
legendary
Activity: 3010
Merit: 1028
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I guess no, giving Bitcoin is a bad idea especially if the amount is too little, better to give them some stuff that's actually cheap but looks valuable. It might be a really unique give but not the best give.
I'm honestly better to save up my bitcoin for myself rather than giving out to other people, it's an investment, but flower or cake is not  Roll Eyes .
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
To be honest, I honestly would want to(in the future). The issue is that it is very unlikely that my future wife would look at bitcoin the same way as I do. Unless I marry a nerdy girlfriend, she definitely won't be interested in it. You know most girls, they prefer shiny jewelry.
legendary
Activity: 2968
Merit: 3684
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My first instinctive answer was "yes, why not?" but after more reflection, I'd rather not. I don't know anyone who would accept the Bitcoin and want to understand its value. I can only imagine several likely outcomes if I were to give crypto at a wedding:

1. They forget about it in the blitz of other presents and under the fog of honeymoon bliss.
2. The hassle of learning how to use it makes them put it off.
3. When they finally decide to properly use it, they've lost the private keys.

Hmm. I am cynical about crypto after all...
member
Activity: 112
Merit: 10
If the people were Bitcoin users and they had a Bitcoin themed wedding perhaps I would give them a Dogecoin along with some BTC ^^
(The answer is yes but if they didn't know what the heck it was or how to use it I might be a bit evil about it and keep a private key copy of the gift for their sake...)

Oh definitely if they aren't bitcoiners and aren't very tech savy then keeping a backup key on their behalf would only be safe. I didn't really think of that.
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
If the people were Bitcoin users and they had a Bitcoin themed wedding perhaps I would give them a Dogecoin along with some BTC ^^
(The answer is yes but if they didn't know what the heck it was or how to use it I might be a bit evil about it and keep a private key copy of the gift for their sake... but the USB drive or Yubikey would be pretty  Grin)
hero member
Activity: 714
Merit: 500
Maybe to my Son, I think that will be the perfect time to pass it on to him. Not a chance I give it to anyone else as a gift, its too expensive. I'd rather buy an expensive gift than giving out bitcoin... but maybe if I have btc in thousands, then it won't matter anymore and I may give out to random people as gifts as well.
legendary
Activity: 1848
Merit: 1000
While it's quite a thoughtful gift if you think about the potential it has to increase in value, to give it as a wedding gift right now for me anyway I think would not be appreciated as many people are still unaware of bitcoin.
hero member
Activity: 1190
Merit: 525
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Bitcoin is too expensive and rare to give as gift.  Grin

I'm kidding... But yeah, I think the traditional gifts are more appropriated for this occasion, like stuff for the house and the beginning of the couple's life together. Bitcoin isn't a good gift for a wedding in my opinion, it doesn't make much sense. However, someday in the future it could be a trend and everyone will start doing it for fashion.  Tongue
hero member
Activity: 2590
Merit: 644
Yes, i will give bitcoin as a wedding gift because it is one of the best gift in my opinion because they can have an asset that is good for long term and can give them money in terms of emergency and bitcoin is also an advanced currency so it will be easier for them to transact to anyone and get the benefits of having bitcoin. So i will definitely give bitcoin as a wedding gift.
sr. member
Activity: 602
Merit: 253
I think, I'm going to give it as a wedding gift.
On one condition, the couples know how to use it or willing to learn about bitcoin.
Actually, this is also a good way for spreading news about bitcoin.
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