Topic: donate with Bitcoin (Read 426 times)
Dorsey is big Bitcoin supporter and he is also running Bitcoin node as mentioned by him in one of his tweet.Recently he auctioned his first tweet which was sold for $2.5 million and all the money was donated to Charity group which is really interesting and appreciable move on his part.Governments should also recognise these types of news instead of bringing only illicit activities associated with Bitcoin into limelight.The NFT owner might not be able to use tweet in effective way but it became a cause for some progressive work in underdeveloped regions of Africa.So we need to promote such causes and this will eventually help Bitcoin adoption at mass scale.
world governments as well as central banks must see this as a crushing blow. where bitcoin shifted all sectors for the sake of humanitarian mission. I am very grateful to GiveDirectly, because he has proven that bitcoin is able to provide convenience in overcoming crises, especially in the economic sector.
By doing so we have been given a picture of the future, sending and transacting bitcoin across countries has provided access that is much faster, effective and efficient.
This needs to be raised to the public so that governments and people around the world know that bitcoin has spectacular benefits. there are many positive sides of bitcoin apart from the negative issues that are always reported to people. So I think this is the right step to promote bitcoin as well as let everyone knowBy doing so we have been given a picture of the future, sending and transacting bitcoin across countries has provided access that is much faster, effective and efficient.
But apparently they are not taking any move even if there's good effect on our lives if we adopt bitcoin and for sure they doesn't want to get out numbered by it since there fiat system well get affected if they adopt bitcoin at this state. Maybe this kind of thinking will not became real(hopefully I'm wrong with this) since if they do possibly they will just take it as reserve or second option if there's no other choice especially if there's an economic crisis.
That's great. Didn't thought about this kind of opportunities with NFT. I hope there'll be more event's like that.
world governments as well as central banks must see this as a crushing blow. where bitcoin shifted all sectors for the sake of humanitarian mission. I am very grateful to GiveDirectly, because he has proven that bitcoin is able to provide convenience in overcoming crises, especially in the economic sector.
By doing so we have been given a picture of the future, sending and transacting bitcoin across countries has provided access that is much faster, effective and efficient.
This needs to be raised to the public so that governments and people around the world know that bitcoin has spectacular benefits. there are many positive sides of bitcoin apart from the negative issues that are always reported to people. So I think this is the right step to promote bitcoin as well as let everyone know By doing so we have been given a picture of the future, sending and transacting bitcoin across countries has provided access that is much faster, effective and efficient.
While I really really don't get the digital art NFT craze(it's either really stupid, or I'm the one that's stupid), at least some African and U.S. people are going to get some help I guess? Jack totally got a lot of hate from the Twitter Bitcoin maximalists for that move though.
You are not alone, a great deal of people do not really get what's happening with NFTs and it seems to me that we're going to see a massive crash in that market during the next weeks or months as it is impossible to keep the demand going for something that doesn't really give you any rights over the digital works that you are supposedly buying, however this is good news, bitcoin can be used to give frictionless donations to institutions that will actually use the money to help those in need and not use most of those resources just to keep that organization alive. 
With this news, I believed this will bring positive impact to African people who've devotedly adopt bitcoin despite of the fact on banning. Let's wait and see how this plans could result in the future, because this amount of donation was too big and I hope this will help this country recover from poverty so their people generates sustainable income through it.
Although givedirectly is known for its charity work as sending the cash directly to the ones in need I'm sorry to say that the Bitcoin Jack Dorsey donated will be converted to USD as explained in their page.
1. Bitcoin.
We now accept donations in bitcoin! You can donate bitcoin through our donate page. Bitcoins are automatically converted into USD and transferred into our US bank account. You’ll receive an auto-generated receipt from Coinbase and a separate tax receipt from us.
We now accept donations in bitcoin! You can donate bitcoin through our donate page. Bitcoins are automatically converted into USD and transferred into our US bank account. You’ll receive an auto-generated receipt from Coinbase and a separate tax receipt from us.
Although I would like to see how they will be using Bitcoin I believe that the ones in need won't have the basic knowledge on how to use nor have the convenience to convert it to useful fiat currency that is why I think them receiving straight cash is something that will be more useful and more convenient for them.
So here bitcoin and nTF are just intermediaries right? if the tip comes back to usdt,
but it's also true that you say not many people know how to use bitcoin and exchange it to usdt I think by giving a donation in the form of USDT it will be more efficient
What a large-hearted person! This is the first time I've heard about Jack, and it shocks me that he has more than 8 million followers. Such man can make a great impact on the crypto market. Africa needs more people like him to become a large and developed continent. People focus too much on money, and they have forgotten that there are many people who are able to buy themselves daily meals. You can see that charity projects tend to have the least awareness from the community
Well, since blockchain is transparency and pseudo-anonymous, it would be even nicer if he reveals his transaction ID. That's just my opinion with no irritation
Well, since blockchain is transparency and pseudo-anonymous, it would be even nicer if he reveals his transaction ID. That's just my opinion with no irritation
I think it will make african countries and nigerians respect bitcoin. Well, in my country is also one of the countries has a lot of donations from bitcoin to economically disadvantaged people here, such as women abandoned by their husbands, orphans, lack of ecnomy, affected by disasters etc.
if all countries in the world have people who donated a little bit of their Bitcoin to people in distress then this world would be beautiful. very confident that in the future there will be many people who donate with Bitcoin & other altcoins too. i always hope that any African country that does not like Bitcoin will soon realize that Bitcoin is a friend, not an enemy.It doesnt matter if its crypto or fiat as long it is really going for the same cause then that would really counts. Poverty is something that can be solved
out even all of people will tend to make up a donation but it is really much a better step rather than having nothing at all.
There are people who are really in need or on a hard situation and this is in fact the reality.
I think it will make african countries and nigerians respect bitcoin. Well, in my country is also one of the countries has a lot of donations from bitcoin to economically disadvantaged people here, such as women abandoned by their husbands, orphans, lack of ecnomy, affected by disasters etc.
if all countries in the world have people who donated a little bit of their Bitcoin to people in distress then this world would be beautiful. very confident that in the future there will be many people who donate with Bitcoin & other altcoins too. i always hope that any African country that does not like Bitcoin will soon realize that Bitcoin is a friend, not an enemy.
It's a good initiative for bitcoin, donation is a social work that can introduce it positively with the people who don't know about it and those people who think it wrong. Bitcoin should continue this type of work, especially in this pandemic. The real hero is those who help needy people in their bad time not caring people love their or not.
This is super wonderful. Thanks to Jack who donated such huge amount of bitcoin to charity cause and GiveDirectly whose sole aim is providing aid for African countries.
This is superb representation of what the future holds for bitcoin. How that it can be used for transactions across countries and continents. Now, one understands better the power bitcoin has given to the masses by giving them control over their money. One can guess how much of taxes, transaction fees and transaction time it would have taken if such amount of money were to be sent in fiat.
This is superb representation of what the future holds for bitcoin. How that it can be used for transactions across countries and continents. Now, one understands better the power bitcoin has given to the masses by giving them control over their money. One can guess how much of taxes, transaction fees and transaction time it would have taken if such amount of money were to be sent in fiat.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
The donation probably gonna be spread out across the continent and most of the government not gonna give a damn therefore having a really small chance of influencing political decision of that specific country not to mention after the donation received they gonna immediately convert it to paper money, it's not like they gonna hand out the donation in form of bitcoin anyway but it's gonna help many people for sure.
world governments as well as central banks must see this as a crushing blow. where bitcoin shifted all sectors for the sake of humanitarian mission. I am very grateful to GiveDirectly, because he has proven that bitcoin is able to provide convenience in overcoming crises, especially in the economic sector.
By doing so we have been given a picture of the future, sending and transacting bitcoin across countries has provided access that is much faster, effective and efficient.
As you know now the whole world suffers a very dangerous pandemic that is Covid19. It has lived the lives of many people around the world. An extremely scary spread, pandemic not only affects the lives but also exhausted the economy. So Bitcoin donations are really a very good idea. It passes every country to monetary and fast conversion easily. Also help people overcome this difficulty. Making charity makes you live happier. By doing so we have been given a picture of the future, sending and transacting bitcoin across countries has provided access that is much faster, effective and efficient.
Nigeria is one of the African country that is far above receiving aids from international bodies. Thats because, they are more than capable of catering for itself or citizens. Nigeria has got a lot of natural and human resources to fit in the various aspects of production but then, corruption is there major problem and hindrance towards a true federalism.
When African countries with lots of economic challenges like Nigeria puts out a ban on crypto, I wonder what is the future of such nation or the use of the ban. It almost feels as though they are not ready to solve there problems. Well, this is all in the hands of the leaders. They are the master mind of all these and they alone knows how to exploit it to there advantage until the people at the bottom gets smart.
When African countries with lots of economic challenges like Nigeria puts out a ban on crypto, I wonder what is the future of such nation or the use of the ban. It almost feels as though they are not ready to solve there problems. Well, this is all in the hands of the leaders. They are the master mind of all these and they alone knows how to exploit it to there advantage until the people at the bottom gets smart.
I think it will make african countries and nigerians respect bitcoin. Well, in my country is also one of the countries has a lot of donations from bitcoin to economically disadvantaged people here, such as women abandoned by their husbands, orphans, lack of ecnomy, affected by disasters etc.
jack Dorsey has finished his first tweet NFT auction and raised a sizable fund.
https://v.cent.co/tweet/20
he then converted it to Bitcoin and donated on GiveDirectly
https://twitter.com/GiveDirectly/status/1374105122624565253
we all know GiveDirectly is focused on sending aid to African countries.
African countries should thank Bitcoin and Jack Dorsey, and Nigeria should get rid rules of banned Bitcoin.
These kinds of initiatives will encourage others to do the same. Also, it will serve the distribution of money from the rich to the poor. https://v.cent.co/tweet/20
he then converted it to Bitcoin and donated on GiveDirectly
https://twitter.com/GiveDirectly/status/1374105122624565253
we all know GiveDirectly is focused on sending aid to African countries.
African countries should thank Bitcoin and Jack Dorsey, and Nigeria should get rid rules of banned Bitcoin.
The donation made is huge and with this donation to African Countries like you said I hope the Nigerian government will review their ban on Crypto currency transaction and involvement.
With this news, I believed this will bring positive impact to African people who've devotedly adopt bitcoin despite of the fact on banning. Let's wait and see how this plans could result in the future, because this amount of donation was too big and I hope this will help this country recover from poverty so their people generates sustainable income through it.
Although givedirectly is known for its charity work as sending the cash directly to the ones in need I'm sorry to say that the Bitcoin Jack Dorsey donated will be converted to USD as explained in their page.
[...]
As for now, that's the only way.
Oh how many of us wish that we have that same monetary power to change the world in the form of charity. Donating in bitcoin is one of the coolest, I should say, ways to help organizations get the funding that they need for their operations. I would assume that many of the donators used cryptocurrency but most of all, fiat money to send their donations. I am sure there are people who still have tons and tons of Bitcoin with them, willing to spend to charitable organizations.
With this news, I believed this will bring positive impact to African people who've devotedly adopt bitcoin despite of the fact on banning. Let's wait and see how this plans could result in the future, because this amount of donation was too big and I hope this will help this country recover from poverty so their people generates sustainable income through it.
Although givedirectly is known for its charity work as sending the cash directly to the ones in need I'm sorry to say that the Bitcoin Jack Dorsey donated will be converted to USD as explained in their page.
1. Bitcoin.
We now accept donations in bitcoin! You can donate bitcoin through our donate page. Bitcoins are automatically converted into USD and transferred into our US bank account. You’ll receive an auto-generated receipt from Coinbase and a separate tax receipt from us.
We now accept donations in bitcoin! You can donate bitcoin through our donate page. Bitcoins are automatically converted into USD and transferred into our US bank account. You’ll receive an auto-generated receipt from Coinbase and a separate tax receipt from us.
Although I would like to see how they will be using Bitcoin I believe that the ones in need won't have the basic knowledge on how to use nor have the convenience to convert it to useful fiat currency that is why I think them receiving straight cash is something that will be more useful and more convenient for them.
Jump to: