People are starting to shop for Christmas gifts as Mariah Carey defrosts her wildly annoying Christmas song. Mall decorations are sprouting like a seasonal mold. 

You're reading this because you're already interested in cryptocurrency. Wow! Your enthusiasm is quite seductive. But what about the Luddite in your life who refuses to accept new ideas? How do you convert them to the crypto lifestyle?

Digital present ideas for Christmas

Here's a thought. This is a crypto gift card, but it's not like any other gift card. You can give it to your loved ones, which allows them to spend their money on digital assets.

You don't need to own cryptocurrency to use Giftcoin Cards. The recipient is not even required to have a wallet. With a Giftcoin card, you can create a gift card with a few taps and then send it to anyone in your contacts. You can also include a note with the card. 

They can tap and go after receiving it... but rather than paying gross fiat, they are spending super lovely crypto.

Starbucks, Louis Vuitton, and Doordash are among the retailers. Gift card purchasers select their preferred store and cryptocurrency, such as Bitcoin, Ethereum, or Cardano, and then proceed. The card can be loaded with a credit card or Apple Pay/Google Pay.

The good news is that Grandad will not misplace his wallet or key code. It is not a crypto exchange, so it is a simple introduction to digital assets.

Crypto gifts can be risky

While the gift card is an intriguing concept, the value of the card is as volatile as the market. Assume you give 500,000 Satoshi to a loved one to spend at Starbucks. They could perhaps wake up one day and be able to buy twice as much coffee as they could on Christmas.

They can also watch as the crypto winter descends into Antarctica and wipes out their balance. They'll be lucky to get a crumb from a broken biscuit at that point. But that's the thrill of crypto's wild ride. The recipient can monitor the value of their assets in real time. And you're riding along with them because you're a generous god of gifts.

Flexibility

Typically, gift cards can only be used in the store where they were given. Giftcoin cards can be exchanged for another shop or a different cryptocurrency.

Grandad will be irritated as if you were a Mariah Carey Christmas song. And then he'll come around and love you, and you'll hopefully stick around.

What do you think about using a crypto gift card as a present? Drop your comments by sharing this article on social media.

Posted 
Nov 3, 2022
 in 
Digital Lifestyle
 category

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