Topic: Bitcoin as a medium for donations - page 5. (Read 2134 times)

Your support to help Ukrainians in dire need is truly appreciated, derBowler. I'm sure your efforts are really providing basic help to these people and that's what's really important for them right now. It's a pity that Putin keeps attacking Ukraine and especially civilians and civilian insfrastructure. 
KUDOS to your and all of your fellow people helping to get aid into Ukraine to provide support to civilians.

Maybe we can get some more donations for you as I've recently donated my won prize of 13 mBTC from a giveaway, where I've won:


Hopefully there will be more donations coming in soon for you.

- Update -

Hello to all

I think it's really great that you still think of us and that we can continue to experience your support, respect

Thank you, thank you, thank you

The destruction in the Ukraine can hardly be put into words, what is shown here in the news doesn't even come close to what has really been destroyed on the ground. People are living in their bombed-out houses in rural areas, where there is no electricity, heating or running water, not to mention that the houses themselves are on the verge of collapse.
We spoke to some of them and they all unanimously said where should we go - this is our home, we bought the house and we can't afford anything new.
Dear community, we are really lucky that we are doing well, even if one or the other may not have an easy life, but we are still better off than the people living in the Ukraine. Despite the whole situation, the people there still help each other and everyone does what they can, they really give each other the shirt off their backs.
They are all the happier when we come by with our aid shipments and think of these people, they are happy about every little thing like a woollen blanket, gas cooker, water, hygiene articles, old clothes, toys for the children, medicines, baby food, candles and much more.

Our next transport will start again at Easter with lots of relief supplies of all kinds as well as lots of toys and sweets. Hundreds of Easter bags are currently being packed every day by various helpers in their free time for various children there.

We are in constant contact with the military and so we can plan all our aid shipments properly and also guarantee that it arrives where it is supposed to.
So far we have had no problems with our transports apart from a few minor issues, so a big thank you to everyone involved.

I can tell you that we should be aware and grateful that we were born and are allowed to live here in the western republic, somehow the world seems to be very inconsistent at the moment and nobody really knows how it will end.

So we are still here and will help the people in Ukraine as much as we can.

So I can only call on you once again to continue to support us so that we can continue to organise the aid transports.

Here is another campaign and collaboration:

https://www.youtube.com/watch?v=T_rlrt0rnVQ

Music unites and is also the greatest thing that has been created in co-operation.

So as you can see it all has a meaning and purpose, we are proud of what has been created here

In this sense, thanks to all, stay healthy, if you have any questions, please contact me.

Please continue to support us, we are grateful for any support and the people of Ukraine are even more grateful

for Bitcoin : bc1qcatsxvw057khlcazrzpl33rje8lvjnyz6ryxxh


for Ethereum : 0xD7638eb545678a58A9Fd77B12eb7dF5C30Cec0D5

Best regards
Tim

The use of Bitcoin not only provides benefits to individuals who invest in it, Bitcoin can also provide benefits to the wider community, especially those affected by natural disasters or victims of war. Raising donations using Bitcoin makes it easier for anyone who wants to donate, everyone in various parts of the world can make donations without having to convert to a certain currency to make a donation. The multifunctional nature of Bitcoin has changed people's views on doing things that fiat currency has not been able to do, Bitcoin technology will continue to develop because it always makes things easier for anyone who holds it.

@1miau I would like to make a translation of this post in my local board so I am requesting a slot.

I wholeheartedly agree with you, icopress.

Unfortunately, the majority of scammers in this forum are cloaked with green ratings as they take advantage of this position to misrepresent others. I remember, there was a situation where a famous local poster asked for a loan. His request was granted due to the green/positive ratings he accumulated overtime but he withdrew from the loan and leaving this forum again.

Positive and green ratings do not guarantee absolutely that your transaction with another person will be successful and safe. The only blanket of security that you can have is by checking if he/she has previously done multiple transactions involving the one that you are specifically asking for.

These projects are all clear proofs that Bitcoin can be used in multi-dimensional ways profitably. Using Bitcoin in war-torn areas where accesses to financial institutions are very limited or even non-existing is a pointer that Bitcoin is here to solve the financial challenges of humanity. Bitcoin privacy feature seems to agree with the teachings of my religion that advises believers to give secretly. @1miau, @derBowler, @icopress your selfless service is commendable. Selfless giving is reaching out to people that cannot return back your kind gestures and that is what you guys have done. All I can say is thank you and keep up the good works.

If we're talking about the practical side of things, I do believe that Bitcoin is great for donations. The on-chain fees have been very reasonable for a while now, and donations usually don't have an urgency similar to that of paying in a coffee shop while there's a queue behind you, for example. It's also particularly convenient for international donations, and I've seen it with the case of Ukraine. If you're abroad and don't have a Ukrainian banking card, it can be tricky to send money because you usually need all sorts of details, and an international transfer can take whole day (or more if it's a Friday evening or during the weekend). With Bitcoin, it's super simple because there's just one thing (the address), and you just send the money there without entering any details about you or the receiver. As for the way of using the money, well, if you can't use BTC to buy things directly, you can sell it for fiat on a local exchange. And it's still easier this way than an international transfer (and also takes less time).

Then what? The same can be argued when you make a donation in fiat and even in toilet paper. No matter what currency is involved, the right way to use it is always up for debate.
You can surf the web and you will find some scandals about reputable organizations. Or stories about donations that were made through stolen credit cards. By the way, this case is not possible with Bitcoin (unless you hacked a wallet).

"bitcoin transactions are super quick and can help anyone in real-time."
Yes, that's right, but the banking system can be instant. Can bitcoin'stransactions be instant? Nope, so comparing the 'speed' is useless.
 Only the point you are missing is that those collecting donations in crypto still need the banking system to convert to fiat anyway. So the problem is the same if people/organizations have some difficulties accessing the banking system (sometimes just to open a bank accont). Or in Africa, you want to send a donation in crypto when most of the people don't have access to the internet, and even electricity

Bitcoin is surely a great asset to donate. But what should matter is whether the person to whom you are donating the bitcoin will be able to make the right use of it or not. If not, it will be useless. Otherwise, there is no denying the fact that bitcoin transactions are super quick and can help anyone in real-time.

Indeed! Bitcoin has become a very popular way of making donations. And Lightning networks have worked as a catalyst in the process.

Definitely, I agree with you Bitcoin is a better option when it comes to donation than cash because of its nature of transaction, a transparent and decentralized way of sending money, the smoothness to send the money without the fear of linking cards when sending via fiat currency (which can be later hacked) etc. , I guess Bitcoin will soon be utilized for more greater causes

You're right about that folks, What's even better about Bitcoin donation, any race in the world can donate to people in need as long as the address to which bitcoin is sent to a good person and has a pure desire to help others. really, and when that can be said if the donation that anyone will give is not wasted, I'm sure there is.

Bitcoin donations are almost saving Ukraine. Lightning network has made the transactions really easy and fast. Whereas if the same transaction of fiat has to take plans ity might even take days.

Bitcoin is an asset, it is a currency, so it is the perfect means of donation. What I like most about bitcoin is that it can help us call for donations from all over the world, and supporting bitcoin donations won't be as cumbersome and complicated as how the banking system works and we won't have to fear that our donation will be gutted by any middlemen.

In case of those who want to support a donation but do not want to reveal their identity and make their donation public, bitcoin is the best choice.

Honestly when I read and saw this link https://bitcointalksearch.org/topic/pov-war-in-ukraine-5387774, I found out how busy you are just to help the place where you are and your heart @icopress I discovered how you are working to help those affected in Ukraine. I'll just wait until next week so that I can also donate through this program that you are currently doing to the poor people affected by the war between Ukraine and Russia. It may be a small amount that I will donate but I hope it will also help to use even though I am only an Asian citizen but through Bitcoin donation I will be able to send my help that comes from my heart. God bless you Sir

Since the beginning of hostilities, the only possible way for me to exchange bitcoins for hryvnias was primitive exchangers, a list of which can be found on BestChange (terribly unprofitable commissions but there's nothing to be done). I think it is quite possible to exchange any commodity for bitcoins, but you must completely trust the person, otherwise you will learn in practice what a “wrench attack” is. And believe me, when I say this, I am not exaggerating at all, because, as sad as it may sound, at the moment there are enough psychopaths and alcoholics in my country who have been given weapons (a problem that I am sure the government will solve immediately after the end of the war).

Lightning network technology that enables instant processing of bitcoin transactions, blockchain transactions are faster and more efficient than traditional banking systems which can take days to process.
and the biggest benefit is being able to receive donations from all over the world directly without any third party involvement and also very transparent.
there is no denying that there are still many donations using fiat that are still dishonest, and donations using bitcoin are the best way to get away from fiat and will in every way be an illustration that bitcoin is good.
and i indirectly donate in some places in my area even though i have to convert it to fiat but it's thanks to bitcoin.

@icopress I would love to ask a few questions:

1 - How did you get people to trust you in the first place so that people make donations without fearing any scheme? I have no idea how you pulled that out! Is that because you're a well known forum contributor alone?

2 - This is more a generic question but I'm still not sure about the answer. So, you get donations in an address. Then, in order to make those donations actually valuable, you have to sell those Bitcoins for fiat so that you guys can purchase stuff locally. Is it like that that it works? Or what is the process?

Keep up the good work. That is a noble action from you

Bitcoin has become a popular way of donating. Donation imo, is a great responsibility and a person should be aware of the legitimacy of the organisation you are donating in. There has also been a surge in the increasing number of scamming acts.

With Lightning Network, donation will become more easily. Because donators can donate with smaller fraction of Bitcoin if they don't have big fraction of Bitcoin for donation.

Donation is always good because it helps us to keep warming up our soul by sharing, helping others and be kind with others.

Such donations are very helpful for people in need but make sure you have a good filtering process for your donation delivering. There are bad people who are not actually in need but try to cheat donation. Sad to have such people as they should stay outside and give such presents for others who in poverty and in need of help.