1 sat \ 1 reply \ @falsefaucet 24 Oct 2021 \ on: Ask SN: What is the best way to gift Bitcoin to parents in their 60s? bitcoin
Got my mother setup on Muun just for the convenience of it.
She just was tired of the shitty interest rate she was getting so she threw 500usd at me and I gave her 1M sats(mom conversion)
Anything is better than nothing, and of course as the amount of sats goes up. Different security models need to be available.
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0 sats \ 0 replies \ @nout OP 24 Oct 2021
I like the Muun idea definitely, but I want to make sure that the solution survives them losing or breaking their phones, so that's where hardware wallet may be a good solution. But I'm still missing multiple things there, like good guidance for what to do with it, how to monitor the price, where and how to hide it and back it up, etc.
We can definitely do a steel backup, have lathe available and have 3D printer available too. So I'm thinking that would be part of the story.
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