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Topic: Charity Accepting Bitcoins? - page 15. (Read 2144 times)

member
Activity: 714
Merit: 11
BountyMarketCap
May 25, 2018, 11:36:51 PM
now there is a charity that receives bitcoin. even mosques in london have officially received alms with bitcoin, because bitcoin is considered halal.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
May 24, 2018, 03:44:40 AM
If that is true that charity are accepting bitcoin then that is a good sign that bitcoin is slowly spreading throughout any kind of businees, not just in the internet but also in maybe in the real market of business establishment and bitcoin maybe spreading in around the entire world market.

Just to clear something, the charities are not type of business. That is true that bitcoin is spreading through different types of businesses but the charities are not like that because they are organization that is helping other people voluntarily and they don't need a high salary to do their job because they are offering a higher amount of love compare to their expectation in return.
jr. member
Activity: 129
Merit: 1
May 24, 2018, 02:02:42 AM
when the recipient receives money to make local money and for fiat if it disappears, a certain bitcoin will replace the fiat position. I think charity using bitcoin can happen and can be done
member
Activity: 179
Merit: 10
May 20, 2018, 01:02:41 PM
If that is true that charity are accepting bitcoin then that is a good sign that bitcoin is slowly spreading throughout any kind of businees, not just in the internet but also in maybe in the real market of business establishment and bitcoin maybe spreading in around the entire world market.
newbie
Activity: 70
Merit: 0
May 20, 2018, 12:56:10 PM
Fidelity Charitable is the second largest charity in the US and works with Fidelity Labs, the Fidelity Investment unit in an integration. Coinbase announced in his blog that Fidelity Charitable has partnered with him to make a donation in the form of a choice using Bitcoin.
member
Activity: 162
Merit: 10
May 20, 2018, 12:08:07 PM
Yes, I will donate if there is charity, Charity helps many people in need, then we need to share our  blessings to them even with just little amount it will helps them.
legendary
Activity: 2660
Merit: 1261
May 20, 2018, 12:01:43 PM
Make sure first that your charity is legal and that all people that you transact with are trustworthy, do not just give away bitcoins since there will always be scammers and phishing sites. I agree in the idea that it is better to give anonymously and with bitcoin we can do it, the same goes with fiat, if you really eant to give anonymously, simply, don't give your name and details, and when it comes to charities it is better to give in kind than to give money, so therr will be no issues.
My answer to your next question is yes, all payment will be digital soon and fiat will be obsolete, it is better to accumulate as much as you can for now, so in the future you will have a positive capital gain.
Yeah some bad people want to try stealing Bitcoin and other cryptos like phishing, malware and doing some fake charity i think for a good charity can do it at your country by yourself. try to find some people really need help and you can charity for them
newbie
Activity: 53
Merit: 0
May 20, 2018, 11:54:01 AM
Charities are accepting btcs that means btcs are believable to them too. As otherwise they wouldnt risk it

In my opinion. Bitcoin is not a coin suitable for charity, it's more like stealing. A huge commission for transfer, how long have you been trying to throw 10 cents in bitcoin? Charity must be such that everyone has only positive emotions of action. Then by donating stocks to charity allegiance, they are able to eliminate tax exposure that benefits the capital and take a charitable reduction in the fair amount of market value of the stock.
full member
Activity: 240
Merit: 100
May 18, 2018, 01:36:48 PM
If there is a charity accepting bitcoins do you prefer to give some of yours Huh

Me: I will if there is, but for now I don't have yet. Wink

EDITED:

Yeah it a hassle for now.

Another question: But what if there is fiat will be disappear in the future and crypto will conquered the world and all payment transactions will be on blockchain system?
So is this applicable right?

As for now, I do not even have that certain news that charities are up into accepting Bitcoin but maybe there are some which can be find in those countries where Bitcoin was already widely use and has been legalized. For sure charities will accept Bitcoin because it do have that value which can be converted or equal to regular currency we have and added by the fact that they are accepting anything as long as it can be useful for the sake of others. Like you, I am also up into giving some of my Bitcoins into charities but I still do have a little amount of it stored in my virtual wallet but maybe, if I will be having a great amount in my account, for sure I will be giving some to them.
full member
Activity: 476
Merit: 100
May 18, 2018, 01:30:33 PM
Till they have their own interest in it, they will accept it because they don't have any connection with the btcs otherwise.
I am sure they will be aware of it and they must know how to use it, as they deal with different kind of people who give them different thing as charity, so if we will give them bitcoin I am sure they will use it for the betterment of poor people,. We should increase our income by getting the blessing of poor people a small part of our bitcoin profit can help them get many things who really deserve it, so I am happily agree to share my bitcoin profit with poor people.
full member
Activity: 518
Merit: 103
May 17, 2018, 07:47:08 PM
Make sure first that your charity is legal and that all people that you transact with are trustworthy, do not just give away bitcoins since there will always be scammers and phishing sites. I agree in the idea that it is better to give anonymously and with bitcoin we can do it, the same goes with fiat, if you really eant to give anonymously, simply, don't give your name and details, and when it comes to charities it is better to give in kind than to give money, so therr will be no issues.
My answer to your next question is yes, all payment will be digital soon and fiat will be obsolete, it is better to accumulate as much as you can for now, so in the future you will have a positive capital gain.
sr. member
Activity: 672
Merit: 250
May 17, 2018, 06:10:00 PM
Usually donors do not like their identities known, I think this is an interesting idea because it makes bitcoin for charity, as we know that bitcoin transactions are very concise and anonymous to the likes of donors.
I don’t think that a donor won’t like to be revealed rather it is a way of becoming famous and earning respect. Who does not want to get respect? After all, donation is indeed a virtuous deed. It is humanity because a person is participating in the betterment of society and giving a shoulder to the needy ones. The main thing is the profits that the organization will earn with time. That would be some real help.
I don't think the righteousness of our deeds have to be flaunted, as long as it's done sincerely and wholeheartedly. If I were to help, I prefer not to expose it, better keep it and feel the appreciation or depreciation, in silence, from the people around. It's good to help without expecting something in return. Speaking of charity, it all depends if that said charity accepts Bitcoin, since there's a restriction of its  features, however if it would then I need to make sure that it will be given to the one who mostly needed it, and to trusted people. Also, if I have enough profit and earnings I can donate a part of it.
full member
Activity: 413
Merit: 105
May 17, 2018, 11:47:35 AM
If there is a charity accepting bitcoins do you prefer to give some of yours Huh

Me: I will if there is, but for now I don't have yet. Wink

EDITED:

Yeah it a hassle for now.

Another question: But what if there is fiat will be disappear in the future and crypto will conquered the world and all payment transactions will be on blockchain system?
So is this applicable right?


Yes it is the best time to buy bitcoin because the opportunity is yours so that grab it now. If you buy or ivest bitcoin now you will earn a lot of profit. To loose the chance because not everyone have it. If you want to be rich you need to take the risk and to be having the bitcoin you need to take it than never.
hero member
Activity: 1148
Merit: 528
May 17, 2018, 06:09:33 AM
Usually donors do not like their identities known, I think this is an interesting idea because it makes bitcoin for charity, as we know that bitcoin transactions are very concise and anonymous to the likes of donors.
I don’t think that a donor won’t like to be revealed rather it is a way of becoming famous and earning respect. Who does not want to get respect? After all, donation is indeed a virtuous deed. It is humanity because a person is participating in the betterment of society and giving a shoulder to the needy ones. The main thing is the profits that the organization will earn with time. That would be some real help.
full member
Activity: 344
Merit: 100
May 16, 2018, 03:45:36 PM
Of course I will set aside some bitcoin for charity. Because charity is very important and help fellow human being in need, tidaj care with cash or bitcoin. The important thing is we do charity to help people who need help or other.
full member
Activity: 252
Merit: 104
“Blockchain Connection Framework”
May 16, 2018, 03:10:08 PM
If there is a charity accepting bitcoins do you prefer to give some of yours Huh

Me: I will if there is, but for now I don't have yet. Wink

EDITED:

Yeah it a hassle for now.

Another question: But what if there is fiat will be disappear in the future and crypto will conquered the world and all payment transactions will be on blockchain system?
So is this applicable right?


I would, but I have to know if they are legitimately using it for charity. Since transactions in the cryptocurrency market are encrypted and are virtually guarded and private, an entity can just tell you to send them some coins to be used for charity, without you even knowing if it will be really used for that purpose. Therefore, I think it would be more effective to encash it and give it to a legit charity platform, so that, there won't be any confusion as to how the donation will be used.
full member
Activity: 392
Merit: 100
May 16, 2018, 02:45:21 PM
If there's a charity that accepts Bitcoin, then it's safe to assume that the whole World recognised Bitcoin as a currency that can be used as a real Money. then, If I have enough Bitcoin, I will surely donate to that charity or foundation for as long as it's legit and not a scam. Because I believe in the principle, you reap what you sow.
full member
Activity: 448
Merit: 122
May 16, 2018, 12:09:44 PM
Well it depends on the amount of bitcoin am holding at the time of the charity visit but most importantly if the charity organization are collecting bitcoin as a way of investment I will support the organization by donating some bitcoin since it going to yield profit that will further help settle the bills of the charity home.
newbie
Activity: 56
Merit: 0
May 16, 2018, 12:09:01 PM
There are, for example, can help traders who went bankrupt when speculating with bitcoins.
jr. member
Activity: 147
Merit: 2
May 16, 2018, 12:01:36 PM
Generally charity funded by the people. So there can be deposit any kind of money.If anyone who use btc,want to donate some money.It will reduce poverty from country and it will maintain it's activity.So btc can accept this.
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