Cryptocurrency as the Christmas Gift

writer-avatar
Exclusively available on PapersOwl
Updated: Mar 28, 2022
Listen
Download
Cite this
Category:Christmas
Date added
2019/06/20
Pages:  2
Order Original Essay

How it works

How to keep your Christmas stress free with cryptocurrency Ah the Holidays, a joyous season filled with long lines, upset customers, and the stress of finding the perfect gift for a loved one. The days are counting down, and if you haven’t done your gift shopping yet you should hurry, as the lines aren’t getting any shorter. Don’t feel like fighting over the last Nintendo Switch or that last copy of Smash Bros. Ultimate? Cryptocurrency may be the perfect solution to your problems.

Need a custom essay on the same topic?
Give us your paper requirements, choose a writer and we’ll deliver the highest-quality essay!
Order now

Why Cryptocurrency?

According to Forbes, One in four millennials (18-34 years old) say they prefer bitcoin over stocks. 2018 was a hard year for bitcoin and cryptocurrencies in general. Bitcoin plummeted from its high in 2017, but because of that many are expecting bitcoin’s value to rise next year. Cryptocurrencies are the perfect way to get someone you love interested in the investment world. But what if the person you’re giving bitcoin to isn’t interested in investing? Multiple companies like Microsoft and the popular streaming service Twitch, have expanded their payment services to include bitcoin. And if they can’t find a company they like that accepts bitcoin? Simple, a variety of cryptocurrency exchanges provide platforms for the selling of bitcoin for cash.

Crypto Paper Wallet or bitcoin gift cards

Paper wallets or bitcoin gift cards are perfect alternatives for both beginners and veterans of cryptoassets. They’re physical, which means they can be stored in a safe place at home or in the office. They’re also a much more secure method of storage compared to online services or storing through an exchange. Bitcoinpaperwallet.com offers a variety of paper wallets which can be used to store various different types of cryptoassets. The wallets can be printed from home and even sealed with a holographic sticker that will show if the wallet has been tampered with. Each wallet comes with instructions on how to store or spend whichever cryptocurrency you choose.

Hardware Wallets

Hardware wallets, also known as cold storage, are physical storage units for cryptocurrencies often similar in size to micro USBs. Their small size makes them a perfect stocking stuffer. Having a physical wallet ensures the security of cryptoassets by placing them directly in your hand. They’re portable and small enough to be stored anywhere around the house.The only drawback to hardware wallets is that their security relies on the owner, if the owner loses the wallet they lose their cryptocurrency, so make sure whoever you give it to is responsible enough not to misplace it. Companies like KeepKey, Trezor and Ledger all offer sleek versions of hardware wallets anyone would enjoy.

Blockchain Smartphones

Maybe the person you are giving a gift to already owns cryptocurrencies, or knows even more about it than you do. Earlier this year HTC released the Exodus One, one of the first cell phones equipped with blockchain technology that allows for the storage of digital currencies. The Exodus One has been built with cryptocurrencies in mind. They are a secure, efficient and convenient way to store and exchange cryptocurrencies. This gift is enough to make any crypto enthusiast’s eyes light up.

Conclusion

One of the perks of cryptocurrencies is that they can be purchased from the convenience of your own home. No longer must we wade through crowds, wait in long lines or race through malls searching for that perfect gift. The perfect gift can now be found from the comfort of your couch. The holidays are about spending time with the ones we love, perhaps singing carols or if your family is like mine, loudly “discussing” politics over dinner. If you still haven’t found that last minute gift, consider the gift that literally keeps on giving, consider cryptocurrencies.

The deadline is too short to read someone else's essay
Hire a verified expert to write you a 100% Plagiarism-Free paper
WRITE MY ESSAY
Papersowl
4.7/5
Sitejabber
4.7/5
Reviews.io
4.9/5

Cite this page

Cryptocurrency as the Christmas gift. (2019, Jun 20). Retrieved from https://papersowl.com/examples/cryptocurrency-as-the-christmas-gift/