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Giving Cryptocurrency As A Wedding Gift

An increasing number of Americans are allegedly looking to give cryptocurrency as wedding gifts.

Some of the most prominent registry websites in this space, like Zola and Honeyfund, say that they've started to see couples register for gifts in the way of cryptocurrency.

Cryptocurrency, like Bitcoin, has allegedly become more popular to give than fine china, when it comes to wedding registries these days.


And should it be any surprise? It's likely that the acceptance and prevalence of cryptocurrency on wedding registrations is going to grow well into the future.

At the moment, one of the most popular gifts to give to someone for their wedding is cash.

And the average cash gift is said to be around $160 for weddings in the US.


As more people become familiarized with cryptocurrency and start to use it instead of cash or credit cards etc, then we can expect that this will also be the case with things like gifts for wedding registries.

A Gift For Anyone?

Some suggest that you shouldn't give cryptocurrency to another person unless you are sure that they already use it or are aware of what to do with it.

However, if they don't know what cryptocurrency is yet and they haven't used it before, giving it to them might provide incentive for them to want to get to know what it is.

If they want to access their funds then they would need to try and learn how to use it. After they learn how to access their gift funds, they might continue to use it; seeing as how easy it was for them to begin using it in the first place.


banner thanks to @son-of-satire

Pics:
Pixabay
Wedding Crashers via Giphy

Sources:
http://www.marketwatch.com/story/would-you-give-bitcoin-as-a-wedding-gift-2017-06-27
https://www.thrillist.com/news/nation/how-much-people-spend-on-wedding-gifts
https://cointelegraph.com/news/pure-bitcoin-beats-fine-china-on-us-wedding-registries
http://www.cnbc.com/2017/04/18/this-is-how-much-guests-actually-give-at-weddings.html