There has to be some sort of hidden agenda for this... ? Why act as a intermidiatary for charities or is this just a opportunity for a test run, to see if it can be implemented for everything else... or just a publicity
stunt to say... "We were first" ..... Time will tell, if their actions is purely motivated by greed or by social wellfare. Let's give them the benefit of the doubt for now.
I am glad a multi national like that is interrested in Bitcoin, so let's celebrate that... they could have gone with another Alt coin, and they did not.. that is a huge plus in my books.
A few months back i remember reading an article about how much banks/credit issuers make from charities. It was a quite shocking amount of money that should have gone to help people. Perhaps they are concerned about BTC donations eating into these profits?stunt to say... "We were first" ..... Time will tell, if their actions is purely motivated by greed or by social wellfare. Let's give them the benefit of the doubt for now.
I am glad a multi national like that is interrested in Bitcoin, so let's celebrate that... they could have gone with another Alt coin, and they did not.. that is a huge plus in my books.
Here is something about it:
http://www.moneytalksnews.com/donating-charity-donating-bank/
Even if the charities use bitcoin as payment method, they will have to convert that bitcoin into fiat. And the banks will take a cut of that conversation. Charity needs to operate solely on bitcoin like paying staff in bitcoin, buying supplies with bitcoin, distributing financial help into bitcoin in order to operate without those high bank fees.
