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Topic: Charity Accepting Bitcoins? - page 16. (Read 2144 times)

newbie
Activity: 168
Merit: 0
May 16, 2018, 11:12:14 AM
Bitcoin and charity is a very good news to everyone, I know people are arguing and insisting
that cryptocurrency are no suitable for charity, since prices are volatile and ever changing.
Value clearly depends on market conditions. But as I recall charity accepts anything that
can help the cause, regardless of form and price. I believe Charity Organizations that can
diversify and adapt to modern trends are the future. By implementing and accepting
cryptocurrencies they've just earn a favorable option to further fund their cause.



I think the charitable have such a way that everyone has only positive emotions of action, and when you donate 10 cents, and spend 10 dolars, the crime. bitcoin not coins are suitable for charity, it's more like a steal. a Commission a very big to transfer, how long you have tried to get rid of 10 cents in bitcoin?
full member
Activity: 336
Merit: 107
May 16, 2018, 11:11:41 AM
Indeed, even there will be a philanthropy that acknowledges bitcoin I'm not going to enable them to out with crypto on the grounds that we as a whole know how dangerous digital currencies is ofcourse it looks bad to broaden help with crypto but instead I'm going to trade bitcoin to fiat at that point that is it and no all the more boasting about what you have done and it is entire heartedly you needed to enable at that point to do it even with no utilization of crypto in the event that you have additional cash you can do it.
sr. member
Activity: 420
Merit: 250
May 16, 2018, 10:48:26 AM
If I’d be at least a millionaire with trading cryptocurrencies, yes without a doubt I would donate a fraction of my bitcoin to the charity of my choice. If its for the good then why not right?
sr. member
Activity: 539
Merit: 255
May 16, 2018, 10:38:03 AM
The charity are accepting anything. They are not subjected  of what they recieve and even bitcoin is accepted if they know about bitcoin. That's not possible if time comes that bitcoin will be famous and even a charity will use and join it for some benifits and also a hassle free for those who wants to help and give sa money through bitcoin.

Before you sell bitcoin and donate the after-tax proceeds, consider donating your bitcoin directly to charity. This model includes two significant benefits, both for you and the charity:Your tax deduction will be equal to the fair market value of the donated bitcoin and your gift to charity will be larger because instead of paying capital gains taxes, the 501(c)(3) charity will receive the full value of your contribution.
member
Activity: 336
Merit: 12
May 16, 2018, 09:57:49 AM
The charity are accepting anything. They are not subjected  of what they recieve and even bitcoin is accepted if they know about bitcoin. That's not possible if time comes that bitcoin will be famous and even a charity will use and join it for some benifits and also a hassle free for those who wants to help and give sa money through bitcoin.
hero member
Activity: 1722
Merit: 528
May 16, 2018, 09:54:20 AM
Is it even true? I haven't heard such kind news still now. Can you give me some kinds of link proof?

The OP is not really saying that there are charities that accepts Bitcoin, the OP is stating that if there are some charities that accepts Bitcoin, he or she will be donating some to them but the problem is that he or don't have that Bitcoins to donate now. Donating using Bitcoin may be great especially if you want to help other people or a group of people without getting any recognition to it, that is the real good Samaritan there.
member
Activity: 210
Merit: 10
May 16, 2018, 09:49:14 AM
Yesterday while in some cities in the country where I live experienced natural disasters, some bitcoin communities in my country raise funds to help alleviate the burden of friends in the affected city and can use bitcoin or altcoin, but if you really want to charity I think there is no difficulty for it.
newbie
Activity: 68
Merit: 0
May 16, 2018, 09:43:56 AM
Is it even true? I haven't heard such kind news still now. Can you give me some kinds of link proof?
full member
Activity: 700
Merit: 102
May 16, 2018, 09:06:42 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.
as you say, it is true that every person who does the deed must have many secrets, because everyone also has a different nature, sometimes it is only private and sometimes there is no private
newbie
Activity: 93
Merit: 0
May 16, 2018, 08:01:15 AM
Till they have their own interest in it, they will accept it because they don't have any connection with the btcs otherwise.
newbie
Activity: 140
Merit: 0
May 16, 2018, 02:50:47 AM
Bitcoin has "bad publicity" now, give it some time and charities would accept them. Afterall, they run on "money donations", they wouldnt care the source. lets clear the air of bad publicity first.
jr. member
Activity: 350
Merit: 1
May 16, 2018, 01:44:48 AM
Because of regulatory issues charities are often abused!

Through the block chain technology, it is easy to query the flow of encrypted money!

If more charities accept digital money, they will give donors higher levels of transparency and certainty.
legendary
Activity: 2996
Merit: 1132
Leading Crypto Sports Betting & Casino Platform
May 16, 2018, 12:06:38 AM
Though Bitcoin might not be all good to give as Charity to the needy or any charitable organization due to overlong confirmation on Blockchain/Exchanges that might delay the purpose for which its needed. However, I shall not hesitate to give out of my Bitcoin to Charity that needed them if there are ones that requested for it, so far I have enough of it whether at Bullish periods or at Bearish periods, since one good turn deserves another and what goes around comes around, any little help could save a lot.
Now, I do not foresee a future where Bitcoin can replace Fiat in its entirety, they shall be operating simultaneously where their uses are required because Fiat to me can never be withered but might be averagely used unlike when it dominates since it is the medium both the literates and the illiterates who can never be on line sophisticatedly understands for their exchange of goods and services.
There are large charities that are open for Bitcoin fund raisings and this is a very unique and benefited decision ever made. Those charities which are accepting Bitcoin fund raising are now in a very good position because a lot of people have been millionaire and billionaire with the Bitcoin and the donation is very easy for them that make the charities that are using for the benefit of our societies and all over the world.

newbie
Activity: 81
Merit: 0
May 15, 2018, 01:29:56 PM
If I have a chance to do it then i would willingly to donate it, I love to helping other even though i have not. there are so many people out there that need help especially in financial problem some of this don't have a chance to sleep in bed and go to school some of this don't eat 3x a day and some of this cant pay hospital bills for their medicine and if i have a chance to give them financial then i would willingly to donate some of mine we can help them not only on financial problem but we can also help in giving them guidance and prayers if we don't have totally.
newbie
Activity: 56
Merit: 0
May 15, 2018, 11:44:52 AM
Even there will be a charity that accepts bitcoin I'm not gonna help them out with crypto because we all know how risky cryptocurrencies is ofcourse it makes no sense to extend aid with crypto but rather I'm gonna exchange bitcoin to fiat then that's it and no more bragging about what you have done and it is whole heartedly you wanted to help then do it even with no use of crypto if you have extra money you can do it.
sr. member
Activity: 1358
Merit: 253
May 15, 2018, 11:39:56 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.
full member
Activity: 1036
Merit: 109
May 15, 2018, 11:26:41 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?



Why not? Crypto is a great way of transacting without any hassle and is more convenient because we could transact anytime. However, it is not just through crypto could we help but in so many ways as well. If we have more than enough to share, then helping is really one of a great option.
member
Activity: 868
Merit: 63
May 15, 2018, 11:12:18 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?

As long as it can help them why not right. It's not like bitcoin is something that's illegal. Well if the country bans it then it is surely illegal but if it isn't ban in your country then you can. After all helping those in need is good and spending your profit from bitcoin to good deed is a useful and helpful for everyone. Just imagine how many people in the charity you can help because bitcoin's rate is high and they can convert it. A lot of help.
sr. member
Activity: 672
Merit: 250
May 15, 2018, 11:02:08 AM
Charity accepts everything. If that is the material and spiritual value of the donor is voluntary. And those values ​​are given with a loving and pure heart. Bitcoin is a product that carries with it material value.
So why are charities refusing Bitcoin? Especially donors can send Bitcoin to distant places without having to go through a government organization. Bitcoin can be used for charity very well!
You are right, charity is accepting money, bitcoin, gold, silver and etc. they just need money no matter in which shape. Because they will have to use this charity in a particular country and will change it into local currency. Some donors donate other needy things like medicines, blankets and many more things, but easiest thing is to give them money, so that they can use according to their needs.
full member
Activity: 420
Merit: 102
May 14, 2018, 06:09:20 AM
Yes I will. If there is charity accepting bitcoin I will try to help ang give as much as what I have because I believe if you help someone, more blessings will returned to you because you tried to make others happy.
Of course your thinking is appreciable. Everyone should help needy people. As much help you can with poor, you will be blessed more. It is spiritual belief and every human should think about it seriously. I will transfer bitcoin to charity. It is good because they can receive money from all over the world. Receive bitcoin and change them into local currency.
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