Hello,

    I've been accumulating a moderate amount of Bitcoin over the past year and a half. I don't have that much, but I'm a believer in it.

    I have a friend (not US citizen) who is going overseas to work with a non-profit and I'm planning to support him with $30 a month. And I'm wondering if I could send him Bitcoin instead of USD.

    I don't think he knows what Bitcoin is, so by doing this I can 1) promote Bitcoin adoption, 2) introduce my friend to it, 3) make him richer as Bitcoin grows (if he doesn't cash it out).

    But I have no idea how to do this lol. All I have is Bitcoin in cold storage in a Blockstream Jade which I withdraw from an exchange. I've never transacted with it before.

    How would I get it set up? And is it economically feasible, i.e. how much would the transaction costs be?

    Thanks so much!

    Paying a friend overseas
    byu/BigBrainGeometry inBitcoinBeginners



    Posted by BigBrainGeometry

    1 Comment

    Leave A Reply
    Share via