Philippine disaster first world BTC fundraising

metaverse22

newbie

Activity: 14

Merit: 0

Donating via BTC is not the best way. Its better to donate via traditional way in reputable non for profit foundations and institutions. If those foundations and institutions would accept bitcoins then its okay to donate but donating to anyone without the proven reputation, I think its not advisable.

beetcoin

sr. member

Activity: 434

Merit: 250

i take issue with donating my BTC to a charitable organization.. couldn't some guy who is in charge of the "wallets" just anonymously transfer out the BTC to his own private wallet? there'd be no way of stopping him. it'd be like handing him my donation in a dark alley, in full bags of cash.

orangeman1979

newbie

Activity: 16

Merit: 0

Any established/reputable organizations accepting bitcoin?

exstasie

legendary

Activity: 1806

Merit: 1521

I think this is a great idea. Everyone from all over the world can donate in the same currency with virtually no transaction fees (compared to Credit Card). This will ensure that the most amount of money possible can be used for the relief fund!

canerandagio

newbie

Activity: 56

Merit: 0