Market value isn’t the only reason digital assets like bitcoin stand out, but it’s certainly a newsworthy conversation starter. As you catch up with family over the holidays, bitcoin’s epic 2017 price increase will likely be a hot topic. To entertain their curiosity, we’ve got the following holiday tips to get your loved ones as excited about bitcoin and digital assets as you are.
1. Set them up with a free wallet & send them some bitcoin
Nothing beats seeing bitcoin in action. Once you’ve walked aunt Janet and cousin Tom through setting up and securing their first bitcoin wallets, you can send each of them some to use in a few test drive transactions. This will teach them about addresses, transaction fees, confirmations, and more.
2. Bring them to a local meetup
Bitcoin meetups attract a diverse crowd, with each attendee having their own unique spin on why they love bitcoin. This face-to-face experience is the perfect chance to ask questions, discover new bitcoin 101 resources, and make some new friends all at the same time. Meetup groups also host talks by big names in the space, which is a great way to soak up some wisdom.
3. Recommend your favourite bitcoin documentaries
Let’s face it. Not all of us can explain bitcoin with Andreas Antonopoulos-level finesse. That’s where a documentary can really help fill in the blanks. In the past, we’ve shared several of our favourite bitcoin documentaries, which collectively have your bases covered on everything from 101 basics and diverse community perspectives, to a crash course in socio-economic history.
4. Show them what they can buy with it
Echoing back to our first tip on seeing bitcoin in action, it never hurts to show what you can buy with it. While some retailers like Newegg.com and Microsoft accept it on a limited basis, others offer site wide acceptance (think Overstock.com and Reed’s Jewelers).
5. Even governments are endorsing it
With plenty of misinformation in circulation, your enthusiasm for bitcoin could be met with nervous speculation. Thankfully, the majority of myths are easily debunked and you can point to a growing number of governments around the world who have endorsed bitcoin as proof of legitimacy.
Whether it’s while sipping eggnog by the fire or helping mom with the baking, we hope you can use these holiday tips to get family members feeling as festive about bitcoin as they do about spending time together during this extra special time of year.
Family members don’t have a bitcoin wallet? Let them know they can sign up for a free Blockchain wallet here.