I pledge 5 BTC in total, ie. 1 BTC for the next 5 charitable organizations.
Upon request, I will go to that organizations home page, verify that they
have a bitcoin address and then deposit 1 BTC to that address, or in
the event the price should skyrocket (the ekvivalent of todays worth of
1 btc,3.3USD).
However, I have a question:
You should not promise the charitable organization that they will in fact
recieve 100 BTC if they accept bitcoins, you should say that 100 BTC
is pledged.
From working with people and money in several projects, I know that
the larger the group you work with, the harder and longer it takes to
extract funds from them. I guess most people have good intentions,
but when it comes to actually handing over the funds, some people
are incredible slow or non-responsive.
If you want to be able to guarantee a charity a 100 BTC if they start
accepting bitcoin donations, these funds needs to be readily available.
For this to happen, we need to create a system, prefferably a web-
site where you can make an account and deposit coins. I would not
object to the operator taking for instance a 5-10% cut to operate
this.
There's also the issue of trust. Perhaps the best solition would be
for the developer of such a solution to work with one of the established
exchanges, perhaps also some of the exchanges would be willing
to donate a percentage of their net profits to a good cause, say
0.005% of net income. Even if it's small, it would still help.
And trust is paramount, we don't need another mybitcoin scandal,
or news paper headlines like: "Bitcoin Red Cross fraud scandal" etc.
(And before anyone points at me and asks; why don't you make
such a website? Answer: I'm just too busy.)
But for the next 5 donation request, I will promise to donate promptly.
Thank you kindly, Herodes, for your pledge. The donator list in the OP has been updated reflecting your contribution.
For this to happen, we need to create a system, prefferably a web-
site where you can make an account and deposit coins. I would not
object to the operator taking for instance a 5-10% cut to operate
this.
A website is definitely in the works, offering up a central location to read what
Bitcoin100 consists of, for a forum thread no longer cuts the mustard. Too many questions, already answered, scattered all about.
Upon request, I will go to that organizations home page, verify that they
have a bitcoin address and then deposit 1 BTC to that address, or in
the event the price should skyrocket (the ekvivalent of todays worth of
1 btc,3.3USD).
Duly noted and, once again, reflected on the donator list in the OP. Thank you, again.
You should not promise the charitable organization that they will in fact
recieve 100 BTC if they accept bitcoins, you should say that 100 BTC
is pledged.
From working with people and money in several projects, I know that
the larger the group you work with, the harder and longer it takes to
extract funds from them. I guess most people have good intentions,
but when it comes to actually handing over the funds, some people
are incredible slow or non-responsive.
If you want to be able to guarantee a charity a 100 BTC if they start
accepting bitcoin donations, these funds needs to be readily available.
This is the core of
Bitcoin100: The funds shall be readily available (or very close to that 100 BTC mark) when the charitable organizations are approached. It's the carrot, so to speak, enticing them to into becoming more receptive to what we have to offer.
There's also the issue of trust. Perhaps the best solition would be
for the developer of such a solution to work with one of the established
exchanges, perhaps also some of the exchanges would be willing
to donate a percentage of their net profits to a good cause, say
0.005% of net income. Even if it's small, it would still help.
And trust is paramount, we don't need another mybitcoin scandal,
or news paper headlines like: "Bitcoin Red Cross fraud scandal" etc.
We believe we have this issue solved, as well. First, although I came up with the idea, I made sure I distanced myself from the collection of the funds, thereby creating a level of trust as far as
Bitcoin100 is concerned. The only two people who have control of the wallet are Rassah and Roger Ver (MemoryDealers).
For this to happen, we need to create a system, prefferably a web-
site where you can make an account and deposit coins. I would not
object to the operator taking for instance a 5-10% cut to operate
this.
There'll be no need, what-so-ever, to take even 1 Satoshi from the honored pledges in the wallet to maintain a website. At the moment, it looks like edd and I have that cost covered. It's not going to break the bank to pay for hosting for
Bictoin100, and edd already purchased the domain name. The cost is low to maintain a site, although time is valuable. But I, personally, will donate time towards this pet project. I was in search of a new pet, anyway, albeit I was thinking of a four-legged kind.
I hope that addresses your questions and concerns, Herodes. Feel free to offer up more. Thank you, again, for your kind pledge.
~Bruno~
It seems it just happened again! Such rascals!
