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Topic: The Largest $ Monetary TWEET in History Happened Yesterday with Cryptocurrency - page 3. (Read 3033 times)

hero member
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dogs need all the help they can get. bravo to donater
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Please don't remove this to Meta or Alt-currency. This is not just about Dogecoin, but about CryptoCurrency in general.  This story demonstrates the sustainability and functionality of Cryptocurrency. It demonstrates a perfect example to the Bitcoin haters why cryptocurrency is the future of payments.

Yesterday someone sent approximately $11,000 via Twitter to Doges4Water, a fundraiser to build 2 wells in drought stricken Kenya.  That transfer cost the sender about $0.01 and occurred almost instantaneously because it was done with cryptocurrency.  How much would it have cost if that donor used their credit card, western union, SEPA, etc. and how how long would it have taken? This is a excellent example to the Bitcoin haters of how efficient cryptocurrency is.

 

$10,000 tweet puts Dogecoin fundraiser for clean water in Kenya over $30k goal
Posted: 16 March 2014

March 17, 2014 – NEW YORK A $10,000 tweet sent the Doge4Water fundraising campaign over its $30,000 goal and set a new standard for the impact of 140 characters. An anonymous Dogecoin philanthropist used twitter to tip 14 million Dogecoin, worth more than $11,000. The surprise tweet sent shockwaves through the Dogecoin reddit community, which had already made more than 4,000 donations totalling 26 million Dogecoin (equivalent to more than $20,000). The Doge4Water campaign benefits charity:water in celebration of World Water Day on March 22nd.


“This was one of the more inventive campaigns we’ve seen,” said Paul Young, Director of Digital for charity:water. “The Doge4Water campaign started with a tweet, harnessed the powerful Reddit community passionate about Dogecoin, and then hit its aggressive goal with a tweet that triggered a donation of Dogecoin worth over $10,000. 100% of the funds raised by the Dogecoin community, once converted into US dollars, will be used to bring clean water to people in need in Kenya through our local partner Action Against Hunger. We’re thankful for the support of the Shibes of the Dogecoin community… and all we can say is: WOW!”

The campaign was initiated by Eric Nakagawa, the co-founder of internet humor site ICanHasCheezburger and a member of the Dogecoin Foundation. Previous Dogecoin fundraisers have helped send the Jamaican bobsled team to the Sochi Olympics and funded service animals for children with disabilities.

“I’m really proud of the Dogecoin community for using the money they’ve made to change the lives of others instead of hoarding it,” said Dogecoin co-founder Jackson Palmer. “The first ever $10,000 tweet demonstrates the power of digital currency and social media to make the world a better place.”

About Charity Water

Diseases from unsafe water and lack of basic sanitation kill more people every year than all forms of violence, including war. Children are especially vulnerable, as their bodies aren’t strong enough to fight diarrhea, dysentery and other illnesses. charity:water is a non-profit organization bringing clean and safe drinking water to people in developing nations.

Find out more at: www.charitywater.org

About Dogecoin

Dogecoin is an online currency created as a light-hearted version of Bitcoin in December of 2013 by Jackson Palmer and Billy Markus. Much to their surprise the currency was quickly adopted by an incredibly passionate international community. Dogecoin is the second most popular online currency; only Bitcoin sees more transactions each day. Dogecoin is primarily used to buy and sell digital goods and to tip people on social media for the content they create. Tipping services like TipDoge on Twitter and Dogetipbot on Reddit allow social media users to seamlessly send digital cash to each other without fees or hassle.

Find out more at: dogecoin.com
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