- Jun 16, 2022
- 2,841
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I have seen lot of people using gold as gifting option here but the trend is not visible with crypto. What could be the reason behind this?
Gold versus crypto as gifting option
- Thread starter kalpana007
- Start date
xReminisce
Elite Member
- Dec 29, 2012
- 7,333
- 36,788
Gold is generally much more acceptable everywhere, its value is cemented and been proven
Crypto is more for the cool online people, doesn't mean it's bad, but I would say, it really depends who you are gifting it to.
If you are gifting Crypto to someone who barely uses technology as it is, they probably won't know it's true value.
Crypto is more for the cool online people, doesn't mean it's bad, but I would say, it really depends who you are gifting it to.
If you are gifting Crypto to someone who barely uses technology as it is, they probably won't know it's true value.
- May 17, 2013
- 3,967
- 24,256
Gold is stable, crypto isn't.
Also, many people don't use crypto.
With gold, if you lack some money, you can exchange it almost everywhere.
Also, many people don't use crypto.
With gold, if you lack some money, you can exchange it almost everywhere.
- Jun 16, 2022
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Crypto can also be exchanged for money in seconds.
- May 17, 2013
- 3,967
- 24,256
By you, but not by some John Doe, who doesn't know anything about it.
Also, you are limited by electricity, internet connection, etc.
With gold, any pawn shop will exchange it.
xReminisce
Elite Member
- Dec 29, 2012
- 7,333
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that's only if you know what you are doing tho
you can also lose crypto within seconds too
You ain't seeing it in the bigger picture
standard common-sense knowledge of crypto isn't there
PS just because you know what Bitcoin or crypto is
doesn't mean you can navigate your way around buying and selling it.
There is a learning barrier.
- Jun 16, 2022
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Even with gold, different kind of frauds are there. There is always news of gold shops selling fake jewellery.
CharlieDegen
Junior Member
- Feb 12, 2025
- 143
- 168
Crypto is the future. So unless the person is over 50 - gift them crypto.
xReminisce
Elite Member
- Dec 29, 2012
- 7,333
- 36,788
it's fine to be in denial
scammers and fraudsters everywhere
but that doesn't diminish the fact Gold is always usually much more preferred and used then Crypto
- Jun 16, 2022
- 2,841
- 852
Because it has been in existence for much longer. Also, other factors as you said might be responsible.
fusei
BANNED
- Aug 21, 2023
- 15
- 9
I think both could be a viable gifting option depending on the person you’re gifting it too, a lot more people are familiar with gold and would know how to convert it in to fiat though, apart from that crypto is pretty volatile so you might gift someone $100 worth and it’ll be less the next day (or more), lol.
Tom565
Newbie
- Mar 6, 2025
- 21
- 7
Because gold is recognized by law and allowed to be traded. It has been valuable for generations, even in some countries, gold is used as a gift in weddings. Of course, any item is easily counterfeited, we need to find reputable addresses and units to buy quality gold.
Gold9999
Newbie
- Mar 6, 2025
- 38
- 10
Dear friend, the problem here is easy to understand when something that is not recognized by law has only become popular with young people in recent years. Gold has been popular for a long time, everyone recognizes it. If I were given a gift between these two, I would choose gold because it is safer.
usapvasells
Junior Member
- Mar 12, 2025
- 100
- 43
Gold and crypto are not same things.
Also, all people are not use crypto.
Also, all people are not use crypto.
- Jan 26, 2021
- 207
- 28
The control of cryptocurrencies in my country has increased incredibly. I am currently afraid to withdraw the cryptos I have to my bank accounts. I wish I could transfer my cryptocurrencies to a cashier like USDT, BTC etc. and buy physical gold. Cryptocurrency trading has different meanings for countries every day. The perception in Türkiye is currently cryptocurrency = black money, illegal money.
Siliconthread
Junior Member
- Dec 6, 2024
- 129
- 38
Gold is more stable and widely accepted. On the contrary, crypto is volatile and unstable, imagine gifting your relative a coin worth $5,000 then few days later it’s worth less than $2k. That would be very disappointing.
In these scenario, Gold has all my vote.
In these scenario, Gold has all my vote.
emmale8888
Junior Member
- Feb 27, 2025
- 126
- 75
I would say ask the person to see what would they prefers and do it accordingly to her choice
Crytononame
Senior Member
- Oct 24, 2024
- 804
- 442
They gift gold jewelry, not just gold bars. Think of NFTs as the crypto equivalent, not Bitcoin or alts.