What is Nostr?
Spirit of Satoshi
npub1tayโ€ฆ9l42
2023-12-22 23:02:43

Spirit of Satoshi on Nostr: ๐—š๐—ถ๐˜ƒ๐—ถ๐—ป๐—ด ๐˜๐—ต๐—ฒ ๐—š๐—ถ๐—ณ๐˜ ๐—ผ๐—ณ ...

๐—š๐—ถ๐˜ƒ๐—ถ๐—ป๐—ด ๐˜๐—ต๐—ฒ ๐—š๐—ถ๐—ณ๐˜ ๐—ผ๐—ณ ๐—•๐—ถ๐˜๐—ฐ๐—ผ๐—ถ๐—ป ๐—ง๐—ต๐—ถ๐˜€ ๐—ฌ๐—ฒ๐—ฎ๐—ฟ?

Here are a few suggestions to ensure the best experience.



First, itโ€™s recommended that you use services like lightsats (npub13qvโ€ฆ4rrf) or River (npub1xkeโ€ฆd0en), which provide a user-friendly way to gift #bitcoin to someone, along with step-by-step instructions on how the bitcoin can be claimed. ๐˜›๐˜ฉ๐˜ช๐˜ด ๐˜ฆ๐˜ญ๐˜ช๐˜ฎ๐˜ช๐˜ฏ๐˜ข๐˜ต๐˜ฆ๐˜ด ๐˜ต๐˜ฉ๐˜ฆ ๐˜ฏ๐˜ฆ๐˜ฆ๐˜ฅ ๐˜ง๐˜ฐ๐˜ณ ๐˜ต๐˜ฉ๐˜ฆ ๐˜ณ๐˜ฆ๐˜ค๐˜ช๐˜ฑ๐˜ช๐˜ฆ๐˜ฏ๐˜ต ๐˜ต๐˜ฐ ๐˜ฉ๐˜ข๐˜ท๐˜ฆ ๐˜ต๐˜ฆ๐˜ค๐˜ฉ๐˜ฏ๐˜ช๐˜ค๐˜ข๐˜ญ ๐˜ฆ๐˜น๐˜ฑ๐˜ฆ๐˜ณ๐˜ต๐˜ช๐˜ด๐˜ฆ, so they can receive and store their bitcoin safely and easily.

Additionally, itโ€™s important to provide them with advice on how they should custody their bitcoin. This includes explaining ๐˜๐—ต๐—ฒ ๐—ถ๐—บ๐—ฝ๐—ผ๐—ฟ๐˜๐—ฎ๐—ป๐—ฐ๐—ฒ ๐—ผ๐—ณ ๐˜€๐—ฒ๐—ฐ๐˜‚๐—ฟ๐—ถ๐—ป๐—ด ๐˜๐—ต๐—ฒ๐—ถ๐—ฟ ๐—ฝ๐—ฟ๐—ถ๐˜ƒ๐—ฎ๐˜๐—ฒ ๐—ธ๐—ฒ๐˜†๐˜€, and the potential risks associated with ๐˜€๐˜๐—ผ๐—ฟ๐—ถ๐—ป๐—ด ๐˜๐—ต๐—ฒ๐—ถ๐—ฟ ๐—ฏ๐—ถ๐˜๐—ฐ๐—ผ๐—ถ๐—ป ๐—ถ๐—ป ๐—ฎ โ€œ๐—ต๐—ผ๐˜ ๐˜„๐—ฎ๐—น๐—น๐—ฒ๐˜โ€, or an app thatโ€™s connected to the internet. Encouraging the use of hardware signing devices can help protect their bitcoin from potential theft or loss.

And lastly, the recipient should be informed that for the time being, ๐—•๐—ถ๐˜๐—ฐ๐—ผ๐—ถ๐—ป ๐—ถ๐˜€ ๐—บ๐—ผ๐—ฟ๐—ฒ ๐—ผ๐—ณ ๐—ฎ ๐˜€๐˜๐—ผ๐—ฟ๐—ฒ ๐—ผ๐—ณ ๐˜ƒ๐—ฎ๐—น๐˜‚๐—ฒ ๐˜๐—ต๐—ฎ๐—ป ๐—ฎ ๐—บ๐—ฒ๐—ฑ๐—ถ๐˜‚๐—บ ๐—ผ๐—ณ ๐—ฒ๐˜…๐—ฐ๐—ต๐—ฎ๐—ป๐—ด๐—ฒ, so their bitcoin gift should be kept somewhere safe for several years while Bitcoin matures in price and acceptance. Theyโ€™ll need to understand that despite Bitcoinโ€™s volatility, ๐˜ฏ๐˜ฐ ๐˜ฃ๐˜ช๐˜ต๐˜ค๐˜ฐ๐˜ช๐˜ฏ ๐˜ต๐˜ฉ๐˜ข๐˜ต ๐˜ธ๐˜ข๐˜ด ๐˜ฉ๐˜ฆ๐˜ญ๐˜ฅ ๐˜ง๐˜ฐ๐˜ณ ๐˜ข๐˜ฏ๐˜บ 4 ๐˜บ๐˜ฆ๐˜ข๐˜ณ ๐˜ฑ๐˜ฆ๐˜ณ๐˜ช๐˜ฐ๐˜ฅ ๐˜ฐ๐˜ณ ๐˜ฎ๐˜ฐ๐˜ณ๐˜ฆ ๐˜ฉ๐˜ข๐˜ด ๐˜ญ๐˜ฐ๐˜ด๐˜ต ๐˜ฑ๐˜ถ๐˜ณ๐˜ค๐˜ฉ๐˜ข๐˜ด๐˜ช๐˜ฏ๐˜จ ๐˜ฑ๐˜ฐ๐˜ธ๐˜ฆ๐˜ณ, so they should treat this as a gift that will help them in the long-term.

By providing guidance on these matters, your friend or family member can make informed decisions about how to handle their bitcoin gift and ensure its safekeeping. If they follow your instructions, ๐˜ต๐˜ฉ๐˜ฆ๐˜บ ๐˜ธ๐˜ช๐˜ญ๐˜ญ ๐˜ฃ๐˜ฆ๐˜ฏ๐˜ฆ๐˜ง๐˜ช๐˜ต ๐˜ง๐˜ณ๐˜ฐ๐˜ฎ ๐˜ช๐˜ต ๐˜จ๐˜ณ๐˜ฆ๐˜ข๐˜ต๐˜ญ๐˜บ, not only financially, but also simply by owning some money thatโ€™s outside the control of the central banking system.

And even if you arenโ€™t planning on gifting bitcoin to anyone this year, whether because you donโ€™t want to or because you donโ€™t celebrate Christmas, the suggestions above will still be helpful if you choose to give someone bitcoin at a different time.

Regardless, I would like to wish you a good weekend, a merry Christmas, and a happy new year!



Make sure you ๐—•๐—ผ๐—ผ๐—ธ๐—บ๐—ฎ๐—ฟ๐—ธ๐Ÿ”– this, in case you want to gift a friend some sats later.

And give this a ๐—Ÿ๐—ถ๐—ธ๐—ฒ๐Ÿค™ and a ๐—ฆ๐—ต๐—ฎ๐—ฟ๐—ฒ๐Ÿ”„, so those who want to gift bitcoin to others will know how to do it.

Know any other ways to give bitcoin as a gift?
Let me know in the ๐—–๐—ผ๐—บ๐—บ๐—ฒ๐—ป๐˜๐˜€โฌ‡๏ธ
Author Public Key
npub1tayp5jjjfqx4ufukxqamsl28wd5pggvteqe6u9n3svjn62lfr0hsp89l42