Stuck For Gift Ideas This Christmas? Why Not Give Crypto!

‘Tis the season of giving, and if you’re tired
of the socks, chocolates and candles, why not break out of
the same old gift-giving routine and consider the world of
crypto?

From timeless Bitcoin to the
creative realm of NFTs, there’s a digital present that’s
perfect for every kind of recipient this Christmas. Whether
you’re sparking interest in decentralised finance,
supporting charitable causes, or simply adding a touch of
innovation to your holiday season, giving crypto is a unique
way to spread joy and embrace the future. Whether you’re a
seasoned crypto enthusiast or simply a curious beginner,
here are some ideas to consider for a crypto-centric
Christmas.

The gift of Bitcoin: unwrapping the
future

Bitcoin, the pioneer of crypto, is a gift that
will keep on giving. You don’t have to splash out on a
whole Bitcoin, you can buy a fraction of a Bitcoin to
introduce your loved ones to the world of decentralised
finance. Watch their eyes light up as they realise they own
a piece of the digital future; and one that expert’s
consider likely to appreciate in value as we head into 2024.
(Read about why Bitcoin might be going up in value here.)

If
they already have a crypto wallet, you can simply use a reputable exchange to
send them their Bitcoin.

If they don’t, keep
reading…

Crypto wallets for all: the secure
stocking stuffer

Equipping your friends and family
with their very own crypto wallets to store their crypto is
easy and it’s the perfect stocking stuffer for the digital
age.

It’s now easier than ever to set up a user friendly
wallet using an email address. Help your gift recipient
to set this up in minutes and tell them to look out for
their first deposit from Santa (aka, you!).

For those
who already have a wallet set up requiring seed phrases (some wallets do
not need them), you could consider buying them a hardware
wallet like Ledger or Trezor for added security. These
useful pieces of hardware securely guards a crypto user’s
private cryptographic keys in offline (or ‘cold’
storage), ready to be used online for completing a crypto
transaction at a later date.

Ethereum for creative
souls: NFT edition

Dive into the fascinating world of
non-fungible tokens (NFTs) by giving a unique digital
artwork or tokenised collectible on the Ethereum blockchain.
NFTs are a new form of digital assets. These tokens can
represent anything from art pieces to real estate, and they
are designed to be owned by one person or entity. Your
recipient will not only receive a beautiful piece but also
gain valuable insight into the intersection of art and
technology. The most popular site to purchase NFTs from is
Open Sea; or consider
browsing collections from popular NFT artists like Dom
Baker and MintFace.
You can display NFTs as digital art on most modern TVs, or
you could also print out a high quality version of the NFT
and frame it. (Learn more about NFTs here.)

Dodge
Coin: the perfect match for the family joker

Choosing
a gift for the family joker is no easy task. Why not turn to
Dodge Coin – known for its playful origin. Dogecoin is a
cryptocurrency created by software engineers who decided to
create a payment system as a ‘joke’ that poked fun at the
(at the time) wildly speculative industry . It is considered
both the first ‘meme coin’ and is often nicknamed ‘dog
coin’. The volatile value of Dodge Coin aligns seamlessly
with a joker’s sense of unpredictability, adding an extra
layer of humour, and the gift will spark conversations about
the evolving world of digital currencies, combining
entertainment with education.

Stellar lumens: light
up someone’s world

Give the gift of Stellar
Lumens, a cryptocurrency designed specifically for
efficient cross-border payments. This isn’t just a gift;
it’s a means to connect with loved ones around the globe.
Stellar Lumens’ fast and low-cost transactions make it a
practical and heartwarming choice for those with family
abroad.

Charity on the Blockchain: verified good
deeds

The blockchain (a public digital ledger that is
used to record transactions across all computers on the
network) has been credited with restoring trust in
philanthropy because it makes sure that donated funds are
traceable.

This festive season, why not embrace the
spirit of giving by making a charitable donation on your
gift recipient’s behalf using crypto. Platforms like GiveTrack use
blockchain technology to ensure transparency and
traceability of your funds. Gift crypto with the knowledge
that your contribution is making a real impact.

Or you
could opt to support important causes directly like the Pest Free
Token (PFT). The PFT token is bought for fee which is
split between the PFT project (for pest eradication) and
token ‘holders’ (your gift recipient). Their price will
fluctuate (like shares) but it’s a great memento of a
‘good deed’.

Wrapped tokens: adding a bow to
traditional assets

Explore the concept of wrapped
tokens, which are digital representations (on the
blockchain) of traditional assets like stocks, commodities
or currency. Wrap some tokens in a digital bow and introduce
your loved ones to the fusion of the old and new financial
worlds. (Read about the launch of a crypto called NZDD,
representing the New Zealand Dollar 1:1, here.)

Educational
crypto courses: the gift of knowledge

As anyone who
invests in crypto will tell you, every day is a school day!
Invest in your loved ones’ future by gifting a
cryptocurrency course. Platforms like Coursera and Udemy
offer a variety of courses, from beginner to advanced
levels. Your loved ones can unwrap the gift of knowledge and
embark on a journey to understand the many ins and outs of
crypto space.

Decentralised gift cards: a token of
freedom

Sites like Bitrefill
allow you to use crypto to purchase gift cards for
outlets including JB Hi-fi and even Air BNB. Allow your
recipients to choose the perfect gift for themselves while
experiencing the convenience of
cryptocurrency.

Crypto christmas tree: get creative
and decorate with digital delight

Bring the festive
spirit to the blockchain by creating a crypto-themed
Christmas tree. Decorate it with physical representations of
various crypto, such as giant coins, and turn your holiday
decorations into a conversation starter about the future of
finance.

Happy holidays and may your crypto gifting
bring warmth and excitement to your
festivities!

Disclaimer: Crypto is
volatile, carries risk and the value can go up and down.
Past performance is not an indicator of future returns.
Please do your own
research.

© Scoop Media