Gift cryptocurrency instead of old-fashion cash 不要再把现金当红包了

Happy full month to my nephew, Shi An!
According to the Chinese custom, we celebrate the first month of a newborn baby as the ancients believed it is glorious spree for the baby to survive the first challenge of life. The family will cheers for this achievement and wish the newborn continue to grow up healthy. A red packet will normally be blessed to the newborn(locally referred as ‘angpau’) which consist of a random amount of cash.

As the newly appointed uncle, I’ve decided not giving my newborn the traditional cash, when there are so much of interestingly potential cryptocurrency out there!

祝我的小侄儿桉桉仔，满月快乐！
根据华人传统，古人认为婴儿出生后存活一个月就是度过了一个难关。这个时候，家长为了庆祝孩子渡过难关，都会举办满月酒，或是封个红包祝愿新生儿健康成长。

作为新上任的二叔，我决定了不包传统的红包！

Advantages of not gifting the old-fashion cash 虚拟币取代传统红包的好处

Encourage adoption for cryptocurrency

My brother and his wife will get the chance to learn about the cryto-world. How to restore a wallet, how to perform a transaction, how to secure the coins and much more. They might end up growing more interest in this new technology and bring it to more people. Or they will just learn just enough to safe keeping the current holdings. Either way is beneficial to the ecosystem.

Interesting way of gifting

Instead of the boring cash which can be spent within a blink of an eye, gifting cryptocurrency to the laymen can spark some sort of fun. New skills could be learned, comments can be exchanged.

Huge potential of value

I told my brother, keep the recovery seed for your son and treat it as the ticket to the Millions. Keep it safe for a couple of years, recovery it to see the value when my nephew is a few years older. At that moment, the value attached to the seed can worth a total zero, or it can worth a million. This may sound exaggerating, but everything is possible in the crazy crypto-world.

鼓励虚拟币普及化

大哥大嫂就有机会接触到虚拟币的世界。如何恢复电子钱包，进行交易，保护钱币，还有更多。他们最后可能对这新科技产生更浓厚的兴趣，从而把新资讯带给更多的人。也可能只学会如何保障既有的虚拟币。无论怎样，这对虚拟币的世界都是一件好事。

送礼变得更有趣

送虚拟币给外行人比起传统的现金更能激发不同的火花。不同的资讯能够被交流，彼此也能交换不同的意见。

巨大的升值潜力

我告诉我哥，把这后备种子保护好，把它当作你儿子通往百万之路的门票。保存个好几年，当我侄儿长大了再打开来看。那时候，可能钱包里头的价值已经为零，或者，那些虚拟币已经值得百万！听起来有点夸张，但虚拟币的世界没什么是不可能的, 不是吗？

Prepare the paper wallet 创造纸钱包

I chose Exodus wallet. They support BIP39 which using a 12 Word Mnemonic backup seed and I think this is good for small amount of holdings and beginner friendly. The same 12-word seed can be restored to other BIP39 wallet like Jaxx wallet in case Exodus run out of business. Myetherwallet is a solid option for paper wallet as well but only ERC-20 tokens are supported.

我选择了Exodus wallet。它们支持 BIP39 来生成十二个字的助记码。这种钱包很适合新手也适合少量的虚拟币储存。这十二个字的助记码能够在同样支持BIP39的钱包里恢复，譬如Jaxx wallet。同时Myetherwallet也是纸张钱包的一个不错的选择，但它们只接受ERC-20的币种。

1.Download the wallet according to your operating system. They currently support Windows, Mac, and Linux. These are the coin currently supported in this wallet. Send some coins first before we proceed to the backup step.

下载相应运行系统的钱包，现已支持Windows，Mac 和 Linux。如图所示这是所有支援的币种。备份之前钱包里头必须不能使空的，先把虚拟币寄过来。

2.I’ve picked EOS, Ethereum, Golem, and Litecoin. They all add up to $75. Let’s hope they are going to the moon in years to come!

我选择了EOS, Ethereum, Golem and Litecoin。目前为止加起来共值75美元。希望以后能节节上升！

3.Set password for the first time. Write this password down on a paper for this is the key to unlock the wallet in your computer.

创建密码，并在纸上记录下来。这密码是用来把钱包在电脑上解锁。

4.Now we’ve come to the critical step. You must write this recovery phrase down and never store it in any digital form. Who owns this 12 word owns everything inside this wallet! Make sure you keep it safe as there is no way to recover it.

最关键的一步。 一定要把这十二个字按次序抄在纸上，并且不要用任何电子形式储存。要知道，谁拥有这备份种子谁就拥有钱包里的一切！请确保种子的安全，丢失了就没办法追回了。

5.Send the backup to your email and backup process is completed. However, you can choose to delete the email thoroughly as I mentioned never store the seed in any digital form.