About Giftabit
GiftaBit is a site to help you and others give cryptocurrency as a gift. The site provides step-by-step instructions, video explanations, and a community to answer your questions on how you can best gift the revolution.
Crypto can be spent like cash, can appreciate like an investment, and is cool technology – like virtual reality or a Tesla. And nothing says I love you, or I like you, like gifting the future of the financial system. But as I learned, even for someone relatively well versed in crypto, it’s not totally apparent what the best way is to give a crypto gift. For me, the journey to this website started a couple of years ago…
How The Idea Began
Several years ago for my son’s graduation, a neighbor gifted him some Bitcoin using a paper wallet. I thought “what a great gift!” It was an investment that could also be easily spent if my son chose to do so. It introduced him to crypto and made him part of the revolution. I noticed that something happens when someone is actually given crypto. They go from being apathetic, or even skeptical, to all of the sudden caring about cryptocurrency. They now have skin in in the game. Even a modest amount generated this response.
A small Gift Can Grow
At the time, my son’s gift was worth it $75. Today, it’s valued at over $1,000. Over the next couple of years, I researched how to best gift Bitcoin and Ethereum and started giving them at birthdays, weddings, and more. Some of these gifts are now worth thousands of dollars. Crypto gifts are unique, can appreciate, and bring others into the ecosphere. And gifting modest amounts of crypto is a non-taxable event.
Helping Gift the Revolution
I created this site to share what I have learned and to help gather other tips on the best ways to gift and share crypto with others. I hope it proves helpful. If you are ready, you can get started.
After all, how often can you gift a revolution!
About Me
GiftaBit is the brainchild of Sol Nasisi. Connect with him on Twitter or LinkedIn.