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The Father’s Day Gift Guide For Bitcoiners

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June 18, 2022
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The Father’s Day Gift Guide For Bitcoiners
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Dad’s don’t necessarily need special or fancy gifts, but Bitcoiners want to make sure our dads have the Bitcoin tools and gadgets they need.

Aside from relaxing on the couch with a cold beer, surrounded by family, dads don’t really need much. We already have our families. I say this as a father of three, with my wife of eight years recently giving birth to our third child.

If you think about it, most things will end up in the trash eventually. I like to refer to many of the toys we get our kids as presents as “future trash.” It’s an unfortunate by-product of the fiat society we live in. What’s a surefire way to keep earnings growing year over year? By making products that don’t last.

I’m not saying that this is even intentional; it’s just the current state of things. Cut costs at all cost. After years of iteration in this system, we’ve fundamentally changed from a production to a consumption society where products simply don’t last.

So instead of spending $100 or so on a thoughtful gift that is inevitably bound for the trash, why not think on a longer time frame? A low time preference gift, if you will. Go ahead and have the kids draw some pictures and paint some rocks, things I proudly display in my office, and save a few bucks for something that will last for a while.

Below are some Bitcoin-related gifts for different types of dads.

The first thought that came to mind was basically just buying some bitcoin. A rough 33-times multiplier would take bitcoin to a million bucks, meaning a $100 bitcoin buy would become about $3,300. Assuming we’ve avoided a hyperinflationary catastrophe, that’s probably still a pretty solid vacation for you and the family.

If your dad hasn’t actually interacted with bitcoin yet, I would recommend a small gift of bitcoin from the local Bitcoin ATM. In order to claim the bitcoin gift, he’ll be forced to set up a wallet and potentially complete a transaction to cash out, letting him see how the network actually runs.

Socks. They don’t deserve bitcoin.

Just kidding.

Bitcoin is a hedge against inflation; it’s a hedge against tyranny. It’s an open and permissionless monetary network, all wrapped into one. As gas and food prices continue to hit all-time highs, it might just be the best time ever to try and get your dad to jump onto the life raft.

This is a guest post by Mickey Koss. Opinions expressed are entirely their own and do not necessarily reflect those of BTC Inc. or Bitcoin Magazine.

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