Desperation. Stupidity. Ignorance. If people weren't doing stupid shit with their finances, companies like this and BNPL companies wouldn't exist.
They are all feeding off of desperation.
No one is stopping you from giving home made, second hand, or similar gifts. You make the choice about how much consumerism you want to participate in during the holidays and all year as well.
I paid someone 0.1 bitcoin for a ~$30 item in 2013.
I checked the receiving wallet in 2014 and it hadn't been accessed.
I reached out to the guy and told him it was worth $60 and asked him if he had access still. Explained to him how he could access it, gave him some links.
I reched out to him again in 2021 and told him it was worth $4k and told him he should sell it.
He said he didn't remember how he set up a wallet and he couldn't access it.
In the end I think he likely downloaded a wallet to his computer and then got rid of that computer.
Just checked today and that .1 btc is still there, worth 9600 now.
This barely helps. 😑 I feel old.