Canadian distributed Bitcoin gift cards for Halloween

Written by: Ali Raza
November 2, 2020
  • One crypto user decided to distribute Bitcoin gift cards to trick-or-treaters this Halloween.
  • The kids who ended up getting the gift cards immediately understood what they are holding.
  • Many have praised the crypto user's move, as it is spreading awareness and providing a lesson in scarcity.

Halloween is one of every child’s favorite holidays, which is hardly surprising, considering that they get to dress up in various costumes and collect candies in their neighborhoods. However, once Canadian decided to do something different this year, and instead of just candy, he also distributed Bitcoin gift cards to several kids who showed up on his doorstep.

Bitcoin finds its way to trick-or-treaters candy bag

According to a tweet published on October 31st by Brad Mills, this crypto user filled his Halloween candy box with $200 in Bitcoin (BTC) cards.

Are you looking for fast-news, hot-tips and market analysis? Sign-up for the Invezz newsletter, today.

Once a group of trick-or-treaters arrived, Mills distributed two gift cards, each worth around 0.007 BTC. He also filmed the reactions of those who got the cards, which he later posted on Twitter.

The video shows one boy in a white costume who was the first to dig through the treats and check out his prize. Interestingly enough, the boy immediately recognized the Bitcoin gift card, revealing to his friends that he ‘just got a $100 Bitcoin gift card.’

Another trick-or-treater was quick to find their own gift card, which was followed by a repeated cheer ‘I got Bitcoin!’

Of course, not all children in the group were familiar with Bitcoin, so questions such as ‘What is Bitcoin?’ were quick to follow. Mills and his family later distributed a few more cards to a group of girls which came soon after, wishing to participate in the giveaway.

What can trick-or-treaters do with their BTC?

The question now is what can these kids do with the gift cards, considering that, while minors are not specifically barred from using the coins or HODLing, they would still need to verify their identities in order to use crypto exchanges. That means that they technically wouldn’t be able to sell their coins on their own before they are 18.

Of course, children in Canada still have access to Bitcoin ATMs, although BTC trades and deposits are likely still out of the question for them on regulated platforms.

The crypto community reacted to the post with a lot of positivity, and many saw this as a good lesson in scarcity. And, of course, many have praised the move as raising awareness.