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86 sats \ 3 replies \ @OneOneSeven 1 Jun 2023 \ on: I want to gift my siblings some Bitcoin but I'm not sure how bitcoin
I told my sister “you’re getting bitcoin for your birthday, I’ll hold it till you’re ready”
This is the way. If they can securely get you an address, then release the coins.
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I do that for my children. For my siblings though it's about showing them how it works.
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Holding onto the BTC until they are able to handle it themselves is the best approach. Who knows how much BTC has been lost due to irresponsible gift-giving.
But, depending on the person, it might be appropriate to not tell them that you bought BTC for them. Some people will be offended by "till you're ready". Moreover, most people don't understand the value of Bitcoin, so some might be offended that you gave them what is from their perspective a non-gift.
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