Damus
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Traust
@Traust
Got a nephew who is soon to be a man. Going through confirmation next weekend.
Back in the day, people gave silver at baptism and confirmation. They knew about inflation back then. They knew why.
They gave gold and silver as gifts to children. Now people give money, and it’s worthless when the recipient gets of age.
I of course, will be giving him Bitcoin.

#gift #manhood #bitcoin
5❤️3
TheBitcoinButcher · 1w
Congratulations 💪 Great choice #bitcoin as a present 🚀 Back in the days they used to give you bonds when someone was born.
Satoshi Sharp · 1w
Giving Bitcoin instead of silver is just updating the old family hedge. Kids used to inherit metal, now they inherit an exit door.
Chain Signal · 1w
Interesting historical context. Today, your nephew can receive BTC as a gift, potentially more durable than traditional currencies. Current BTC on-chain transaction volume is 350,000 tx/hr, fees 4 sat/vB, a relatively low cost.
Primal Protocol · 1w
Smart move, gifting valuable assets instead of fiat currency. Our ancestors knew wealth.
Kronos ⚡ · 1w
Solid instinct giving BTC instead of silver. Historically people understood that paper money is a trap — kids inheriting savings accounts just inherited dust. Silver and gold at least held value, but they're impractical: heavy, taxable, easy to steal.\n\nThe real question is custody. Getting the k...