Donating With Bitcoin | Bitcointalksearch.org

Nrcewker

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Quote from: mk4 on March 21, 2022, 02:08:14 AM

Donating through bitcoin/crypto isn't new — I mean, we literally had a $10m+ donation to the Ukrainian government/charities.

Not sure if the crypto community in general would be keen to donate to religions though, besides probably some people with the same faith.

Donations with crypto isn’t new for many people.
I have witnessed many people in order to remain anonymous have donated through Cryptos (basically Bitcoin).
I am unable to recall the proper incident, but some months back, i heard a news that some hackers hacked a crypto wallet that had large amounts of Bitcoins and stole all the coins.
Later from the stoled part, they donated some in some charity.
It was highlighted all over the social media few days back.
So yes coming to the OP, Donating with Bitcoins are already done and also been doing currently at many places and it’s not a great deal or issue in the current situation according to me.

elisabetheva

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the purpose of "donation" is a humanitarian act that must be continuously raised and this action is very important and should always be appreciated. the possibility that bitcoin can be used as a platform to be used for distribution is of course very doable and is likely to be more accessible to many people, compared to channeling through a bank account wallet which is obviously more reachable only in areas where banking can be used.

but the most important "donation" distribution is that the person who collects it can be known and is already known, because any fundraiser can always be misused. for that indeed every "donation" opening is indeed by an institution that is known and recognized.
although it would be better to use via bitcoin which is easier.

Franctoshi

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Donation via Bitcoin will help cut off possible barriers in donation that involves cross border donation,... using Ukraine's donation as an example, it helped swiften the process of that donation and make it more easier for more and more people whom might have find it somehow difficult to be part of that process assuming they weren't using Bitcoin for donation to participate.

justdimin

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Quote from: asus09 on April 08, 2022, 04:18:49 AM

Quote from: Marvell1 on March 31, 2022, 11:52:35 PM

Donating with bitcoin is very convenient and we can donate from anywhere in the world, it's good that bitcoin is doing things that fiat can't.
However, many governments still see bitcoin as an enemy, accusing BTC of being a tool for criminals to use. After going through the Russia and Ukraine war, they will be ashamed of their accusations against bitcoin earlier.

perhaps after the Russian war Ukraine passed most likely the government will return to its habitat,the government will again antagonize bitcoin and accuse bitcoin,now that countries are at war they can accept bitcoin donations and switch to bitcoin to avoid sanctions.

That is what they make their money from. I can talk about only a few countries but let's take the USA for example because we all know them. They will act as if that is a good thing right now because we use it to donate to Ukraine, and that is not a bad thing, that is actually quite good but even during this period they used "Russians are bypassing sanctions using crypto" as a bad evil thing.

So, even during a good time, they could use this like it is some bad thing and that is a big problem. I have to say that the biggest reason they will come back is the fact that wall street may tell them to shut bitcoin off, not completely because it can't be done, but at least harsh regulations to make it a difficult thing.

asus09

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Quote from: Marvell1 on March 31, 2022, 11:52:35 PM

Donating with bitcoin is very convenient and we can donate from anywhere in the world, it's good that bitcoin is doing things that fiat can't.
However, many governments still see bitcoin as an enemy, accusing BTC of being a tool for criminals to use. After going through the Russia and Ukraine war, they will be ashamed of their accusations against bitcoin earlier.

perhaps after the Russian war Ukraine passed most likely the government will return to its habitat,the government will again antagonize bitcoin and accuse bitcoin,now that countries are at war they can accept bitcoin donations and switch to bitcoin to avoid sanctions.

Rockstarguy

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It is fine to make donations with bitcoin, this can only be possible to those of your friends and family who have knowledge about bitcoin. I guess you are not only receiving bitcoin as donation because their are some people who can only make donations with fiat, you just have to accept it, maybe this set of persons have never used bitcoin for transaction, don't stress them to pay for donation with bitcoin, accept whatever that is available for the donation.

Oasisman

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Quote from: wtsimis on March 21, 2022, 01:58:35 AM

This thread never suggests you donate here or somewhere else with your cryptos. I want to remind you how we can implement Bitcoin or other Altcoins in our daily life. We can use the crypto industry in every possible way in our life. It'll open new doors of opportunities.

Well, Bitcoin has had opened a lot of opportunities and crypto donations/charity is nothing new, no need to remind everyone in crypto space because majority of us here knows how convenient Bitcoin is in terms of international charity donations. Everyone knows how convenient it is for the charity organizers and for the crypto donators especially that it does not require third party money processor to convert from your fiat to USD.

yohananaomi

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Quote from: yazher on April 04, 2022, 12:52:38 AM

We already have in our local section a bitcoin charity program and based on the progress they had, they really help lots of people the people they helped are children who are orphans that have no parents to support them. It's once to see the smile on their faces when you help them, though it's just a small thing to us, for them, it's unforgettable happiness. When donations will really get to their rightful owner, it's a wonderful satisfaction for the donators to see those smiles and appreciation.

It should be appreciated if you already have a charity program that has been going well, because at a time like this what is needed is that the donations that will be distributed can reach those who really need it. Of course, through the container as you have done, there is no worry that there might be improper use.

I agree, it's a special joy if the donations that have been distributed can be well received by those in need, it is clear that their own happiness comes from their smiles when they receive the assistance. help will be very meaningful by collecting from all, whether big or small it will be of value.

keep the spirit of friends to continue to always be a path that can provide a meaningful life for those in need.

yazher

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We already have in our local section a bitcoin charity program and based on the progress they had, they really help lots of people the people they helped are children who are orphans that have no parents to support them. It's once to see the smile on their faces when you help them, though it's just a small thing to us, for them, it's unforgettable happiness. When donations will really get to their rightful owner, it's a wonderful satisfaction for the donators to see those smiles and appreciation.

elisabetheva

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all forms with the aim of donations and assistance, let alone humanitarian assistance can and it is possible to find alternatives that can actually reach all people, of course, with assistance raised through crypto which is even easier, because its reach is wider and easier.

but the problem that is feared is that if the donations raised are unknown and known and have a reputation that can guarantee that there will be no fraud that will occur, therefore it is very important to involve a body that is already known and acknowledged its existence. all with the aim of making donations right on target and reaching those in need.

nowadays any form of donation can be made with a purpose that looks good but is actually a scam and there are many who are looking for opportunities to enrich themselves.
Therefore, be more selective and trust those whose capacities are already known and recognized.

Marvell1

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Donating with bitcoin is very convenient and we can donate from anywhere in the world, it's good that bitcoin is doing things that fiat can't.
However, many governments still see bitcoin as an enemy, accusing BTC of being a tool for criminals to use. After going through the Russia and Ukraine war, they will be ashamed of their accusations against bitcoin earlier.

Sebas.tian

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Quote

Bitcoin donations for poor people or people in need are indeed very good, but for other processes such as development, it is not necessary because every country you live in will certainly be covered by every infrastructure by the government. need then a bitcoin donation is very good to do to help people around you who need a helping hand from bitcoin miners

Yes, the bitcoin donation will really help them to improve in their businesses and other things in the community. Some of the Ukraine citizens that got bitcoin donation last month to assist themselves to sustain the hardship the war has caused in their land, came to testify few days ago, how the bitcoin donation helped them to overcome poverty in their country. Many people now prefer bitcoin donation in their events than fiat money because it's very easy to make a huge amount of money from the bitcoin donation than fiat money donation. It's good to donate bitcoin to help others to grow in the community, so that they will have something good to say about bitcoin users in the societies.

suryana

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Bitcoin donations for poor people or people in need are indeed very good, but for other processes such as development, it is not necessary because every country you live in will certainly be covered by every infrastructure by the government. need then a bitcoin donation is very good to do to help people around you who need a helping hand from bitcoin miners

btc78

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Quote from: romeitaly on March 25, 2022, 05:37:07 AM

Quote from: mk4 on March 21, 2022, 02:08:14 AM

Donating through bitcoin/crypto isn't new — I mean, we literally had a $10m+ donation to the Ukrainian government/charities.

Not sure if the crypto community in general would be keen to donate to religions though, besides probably some people with the same faith.

The crypto community in this forum will definitely not donate anything, that I am sure of, besides being cheapskate, the community in this forum are skeptic of donations done through bitcoin or any cryptocurrencies for that matter because there's a lot of scammers out there willing to do anything and defile anything just to take advantage of the people.

and also the Wallet given in Ukraine donation funds is legit and had been used by the whole world towards helping that country .

But about OP's plan about religious funding? I am not sure if this going to happen lol, and I will also not give any amount because we have all our own beliefs and I'm sure there are many of us had the same stands .

Emitdama

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It is nothing but if you decide to make a donation with bitcoin, it is all about the decision you have made for yourself.

And like MK4 has pointed out, this is nothing new at all and it has been done several times even during this Ukraine and Russian war the cryptocurrency community has as well donated Bitcoin to the Ukraine government in support of their military. So, if you choose to start up a Bitcoin donation for the mosque you’re talking about then you can go ahead and do that if you feel it will in any way be of help to them.

Although I have never tried using Bitcoin for donation before, I have always stick to making use of Fiat whenever I want to make a donation for whatever cause.

doomloop

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Quote from: henmark on March 23, 2022, 10:36:08 AM

Are those people that donate blind to not see or compare the address to the original one? OP can post some warnings and other forms of proof that he was the original and people should know it if where will they donate. There is also no risk here because you are are not expecting for any return.

It was not like you are investing for a crypto but you are willingly giving your own crypto the people that needs it the most but first the OP must confirm it via going to the actual place and he should not believe on the pics or on the message that he saw on his screen because anyone can pretend in the internet. We need to be sure that the money will go in the right hands.

Accept or not, in near future all non-profitable or philanthropy organization will have options to accept bitcoin or other cryptos and government will agree with that as donations can be considered beyond regulations and limitations.

I would guess that the idea of "scam" is that if donating with bitcoin becomes a famous thing, then people could see how everyone is throwing coins at donations and could start fake ones. Imagine it like all the next hypes, like when ICO was a thing, there were good ICO projects that got money and built something great and made people money, but then scammers came up and did fake ICO and took money from people, same happened with everything that followed and now done with NFT and META as well.

If donation is the next big thing, then we could have decent places that get decent donations and then we will have fake ones that end up with a big amount.

kryptqnick

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Quote from: mk4 on March 21, 2022, 02:08:14 AM

Donating through bitcoin/crypto isn't new — I mean, we literally had a $10m+ donation to the Ukrainian government/charities.

Not sure if the crypto community in general would be keen to donate to religions though, besides probably some people with the same faith.

It's actually $60 million (but that includes NFTs as well). But lots was raised in Bitcoin specifically, and, judging from the Business Insider article, this money it actually unaccounted for in those $60 million. For example, there's official Ukrainian twitter which posted a Bitcoin address for donations, and it received 388 BTC ($17 million). Then there's Ukrainian most popular foundation to support the army called Come back alive. Their BTC address received $17.6 million worth of BTC (399.56 BTC). Oh, not to mention Binance Ukraine charity and a few others. So the real number is significantly higher, probably a few hundred million in cryptos and NFTs at this point.
As for op, I think opening BTC donation for the mosque makes sense. Simply choosing a Bitcoin address is enough, but following Ukraine's case and, for example, launching NFTs of, say, some images of the mosque and how it'll look after reconstruction might also be a good path. What's important is to have some reputation or to raise via someone who has it. Ukraine raised lots of money because it was a foundation with strong reputation (Come back alive) and because other money was largely raised on the reputation of the state (the country) of Ukraine.

AakZaki

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Quote from: royalfestus on March 22, 2022, 06:43:36 AM

Is there any followup on the fund to see that it is being used to purchase the needs of the victims? Even if the war victims can access the fund they might not be able to buy the daily need and medication if their is no follow up. ~snip~

In recent years, many people have committed fraud, including using donations as an excuse. They didn't even think what he was doing was so cruel. So sometimes people will also doubt about the correctness of the flow of money they give, and I think the members here are like that too. So it's not wrong to ask for bitcoin donations, but there must be a clear flow of how to use it. Maybe a class of official Binance institution with very large users doesn't get much help, what about unofficial institutions? At least make people believe and people will be more sure to give. Explain where the flow of money they give you, because they make money hard .

Doan9269

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To my own view, i see donations in bitcoin regardless of project or event it is used for should be encouraged as it help widen the scope of bitcoin acceptability and adoption, but OP should not take this as an advantage in soliciting for help in building a mosque especially on this platform because everyone could create and share every possible means they'd being in need for donation using bitcoin, else the forum turns to a charity platform bugged with all manners of needs for bitcoin donation, trust me people will abuse this opportunity.

In summary, if you are only giving an elightenment on the use of bitcoin donation and scope of coverage its fine, but if your intention is to engage members on donating for the project you're wrong. My advice for you is to gather people withing your reach and start with what you have, there's lots of issues in developing a trust in someone and this might even get you a -tive one on the forum if not careful.

asus09

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Donating with bitcoin is not new, in fact many countries have accepted donations through bitcoin, eth and other coins, even donations in bitcoin are at most the end of this year, such as the Ukrainian state getting crypto money donations in the form of bitcoin, the Ukrainian government also gave the address wallet for bitcoin and ethereum tokens.

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