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Crypto News

Valentine gift ideas for your Bitcoin lover

Feb 7, 2018, 12:00:44 PM Published By Wirex Team
Has Bitcoin interfereda little with your love life because theynever stoptalking aboutBitcoin? As Bitcoin appreciators, we don't think it is going anywhere.Perhaps it's time to embrace it with a present to show that yousupport the cause. Here are 7ideas for cryptocurrency related gifts perfect for Valentines orthat upcoming birthday, anniversary or holiday.

Bitcoin

The simplest gift idea is to just buy themwhatever fraction of a Bitcoin you can affordto grow or kickoff their portfolio. You can then either transfer it to them or help them to set up a wallet if they dont already have one. It's free to send between Wirex users (avoid the blockchain fee). If they don't have a Wirex account, it's free to sign up. Don't forget to share your affiliate link with them (so you can earn a small reward :)).

Paper wallets

Another way to give Bitcoin as a present is by using a paper wallet which usually contains the public and private keys for a certain amount, plus a QR code.

Physical coins

Pretty much every news article about cryptocurrencies includes a picture of a few glowing physical Bitcoins. Physical Bitcoins are generally metal coins with the public address and private key for a certain amount of Bitcoin stored inside them. While they can, in theory, be used for face to face transactions, theyre more popular as collectibles. As always, be sure to research what youre buying. Some physical cryptocurrencies are designed as a representation of the coins and do not contain any currency.

CryptoKitties

It should come as no surprise that one of the first uses of theEthereum networkinvolves cute kittens.CryptoKittiesis a game that operates much like a cryptocurrency. Users can buy, sell and breed unique virtual cats using Blockchain technology. Each kitten has its own DNA and passes features onto its children. A quirky digital cat makes for a light-hearted gift - and some CryptoKitties have sold for over $100,000.

Bitcoin jewellery

Back in 2013,Wiredreported that one Bitcoin entrepreneur had his private key engraved on a ring (aside from one digit he kept in his head.) When hackers targeted his account, they couldnt touch the Bitcoins stored on the ring. Keeping your account details in a physical form might sound counterintuitive, but it is actually very safe. An engraved key is fire and water-proof, harder to lose than a piece of paper, and safe from hackers. There are now numerous companies offering to engrave cryptocurrency details - the perfect gift for a security conscious crypto enthusiast. Just be sure to go with a reputable company with good security measures.

Books

If youre looking to explain how Bitcoin works, there a number of books by experts that aim to explain Blockchain technology in an accessible manner. Some popular options include:
  • Mastering Bitcoin- Andreas Antonopoulos
  • The Age of Cryptocurrency- Paul Vigna & Michel J. Casey
  • Digital Gold- Nathaniel Popper
  • Blockchain Basics- Daniel Drescher
  • Blockchain: Blueprint For A New Economy- Melanie Swan
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