Topic: Fundraising for SETI with bitcoins - page 2. (Read 2526 times)

Julz I think you are of a more similar mindset to myself than bitrebel but I can appreciate his opinion:  finding aliens is not his thing
We set up youtipit to reward people who do interesting and worthwhile things in all areas online.
SETI is a relatively large project but I like what they do and maybe others in the bitcoin community do also. Also this might raise bitcoins profile and show it in a positive light.

And somehow you equate SETI with discovering Infrared radiation?

You are the Goose, and a fool no less.
and may I add, someone who talks a bunch of shit out of their mouth and uses their brains for farting.

It's investment in pure science and ideas that have no immediate commercial return that often eventually produces the discoveries that give you the toys you so like.

How ironic that infrared radiation was discovered by an amateur astronomer and you choose this example when decrying SETI as a waste?!  

You are a prize goose indeed bitrebel.

It seems a bit odd to use your computer resources to mine bitcoins and then donate them to SETI or folding@home when you could simply donate some computer power to those projects directly.

Ok, signup to youtipit but up some of your work and if I like it,I'll give you tip 

The reason we chose to SETI is because both of us like what they do and they seem like the sort of organization that might be interested in bitcoin. Of course you and others might not agree but I'm interested to see if there are people out there who would like to donate via youtipit to causes like this. If it works we can try it with other causes.

SETI is a COMPLETE waste of money and I wouldn't donate 2 bitcents to your cause.

Go get some Military Grade Night Vision Infrared goggles and go out on a dark night and you'll find all the intelligent life you want to.

Send me bitcoins instead.

Hi Guys,

We are attempting to raise funds for SETI using bitcoins (https://setistars.org/) on Youtipit. We have setup up a tipit (http://www.youtipit.org/t/J3399) where you can send your bitcoin donations. Once their fundraising drive ends (in two days) we will convert the bitcoins donated to USD at the MTGox rate and donate the money to them. Once we do this we will provide evidence that the money was given in the form of an e-receipt.

Why are we doing this? Since many organizations are wary of bitcoin we feel that we could act as a intermediary for bitcoin donations by converting the donated coins into legal tender for them. Of course this requires trust from all parties that we will honestly deliver all the donated money to the intended receiver. On the tipit all donations and their values are listed. We will provide evidence that the money has been transferred to the SETI guys. Youtipit has built up a strong user base and I think that our members have grown to trust us as we operate in a transparent manner and are quick to resolve any issues that arise. We have been operating Youtipit for over year now and this is an experiment for us: we are eager to see if this will be successful. If it works we can see us doing this for other causes in the future...
Whats in it for us? We have an interest in seeing bitcoin spread to a wider audience and we feel that causes like this help show the good side of bitcoin. Although we will not make any money from this we hope it will raise our profile and that of bitcoin as a viable means to donate online.

Any questions, comments or criticisms are welcome...

Thanks,

Brian,
Founder@Youtipit