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Topic: On reddit now - "for every $20 you donate to a charity i'll send you a 1btc" (Read 1048 times)

full member
Activity: 183
Merit: 100

But he is not giving $200, he is giving $200 worth of BTC.  I assume most charities arent accepting BTC


yet.

I like what this guy on the reddit thread said about it:

Quote
it's an interesting point. But value is all relative, suppose he was good miner back in the day and has a ton of coins? He's taking something that was essentially worthless and generating a lot of good from it.

Suppose the value is more than just the "profit" being made by us here tonight, it's actual real world people that may benefit from this.
legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
too bad, I would have signed up for this asap.
I actually already donated to charity in the past and suggested they take bitcoins in the future.  Didn't work out though.
legendary
Activity: 1974
Merit: 1030
The guy ran out of BTC Cheesy.
legendary
Activity: 1008
Merit: 1000
I don't get it. People are donating $100 dollars and getting $180-$200 back. They're making money.

What part of free money aren't you getting?

I get it's free money but this guy is paying people money to donate to charity. Instead of paying someone $200 to give $100 to charity he could have just given the $200 dollars to charity.

But he is not giving $200, he is giving $200 worth of BTC.  I assume most charities arent accepting BTC



yet.
hero member
Activity: 728
Merit: 500
I don't get it. People are donating $100 dollars and getting $180-$200 back. They're making money.

What part of free money aren't you getting?

I get it's free money but this guy is paying people money to donate to charity. Instead of paying someone $200 to give $100 to charity he could have just given the $200 dollars to charity.
legendary
Activity: 1008
Merit: 1000
I don't get it. People are donating $100 dollars and getting $180-$200 back. They're making money.

What part of free money aren't you getting?
hero member
Activity: 728
Merit: 500
I don't get it. People are donating $100 dollars and getting $180-$200 back. They're making money.
sr. member
Activity: 343
Merit: 250
Pretty damn cool.

http://www.reddit.com/r/Bitcoin/comments/19oiht/rbitcoin_lets_share_with_those_in_need_for_every/:

Quote
right now 1btc~=$35, so i think it's a fair deal. here's what you have to do to participate:

1) you must donate to any charity of your choice. by this i mean any known, reputable organization that actually helps people (as in medical aid, education or feeding the hungry, you get the drift. no political/social movements types of orgs. please comment/msg me if in doubt.)

2) you must should send a short message to the said charity, explaining what btcs are and why they should consider accepting them as a donation. extra karma for those of you who actually succeed.

3) you must send me a verifiable receipt - i reserve the right to contact the organization you donated to before i send you any bitcoins. don't get me wrong, i believe most of you are really charming, kind, caring people, but there is no shortage of thieves and scammers, and i don't want to make their day.

4) your receipt WITH ALL YOUR PERSONAL INFO BLACKED OUT will be posted in the comments along with txid of your reward; hopefully this get enough momentum to actually make some impact in and outside of the btc community, and i don't want any idiots crying "omg is liek totaly a SCAMM!!11" and whatnot

... and that's it. let's get it going Smiley imho there's no better way to promote bitcoins than to share some.

EDIT: Probably should have used the search function. https://bitcointalksearch.org/topic/donate-100-to-charity-get-5-btc-149244 
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