Tipping homeless people with Bitcoin paper wallets - page 3.

aTriz

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Quote from: Pistacia on June 28, 2017, 07:04:05 AM

ok so if a whale hands out Bitcoin paper wallets to homeless people
would they know how to redeem and use the money or hold the bitcoin?
would they learn it?
maybe some of them would become bitcoiners or even programmers and valuable to the ecosystem

who wants to join me doing this

we need people in the usa, where there are the most homeless people on the planet, who are whales and want to help the cause handing out some paper wallets on a daily basis

It's a good idea. Instead of giving awaiy just food or money, give them something that will help them understand what is worng with the country's economy and why they should switch to this alternative.

Paper wallets are a good means of handing bitcoins out, i guess. Because if you give them a private key on a usb stick they're probably going to be clueless about how to redeem the coins and use them. Paper wallets with written instructions on them are the best way to do this.

The trouble that you'll find with your plan is
1. Lack of whales willing to give away btc
2. Lack of people willing to go up to people randomly and give them free btc.
3. Lack of homeless people have computer access

Still, it's a good idea. After all, a lot of wrong about how many homeless people there are in US.

boyptc

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Quote from: Pistacia on June 28, 2017, 07:04:05 AM

ok so if a whale hands out Bitcoin paper wallets to homeless people
would they know how to redeem and use the money or hold the bitcoin?
would they learn it?
maybe some of them would become bitcoiners or even programmers and valuable to the ecosystem

who wants to join me doing this

we need people in the usa, where there are the most homeless people on the planet, who are whales and want to help the cause handing out some paper wallets on a daily basis

This question shouldn't be asked anyway. What do you think a homeless man can do? Let's say he has a knowledge before about computers but not all of them are updated with crypto currencies and with bitcoin. It's better if a whale hand will give him directly a place to stay or cash in hand.

unusualfacts30

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Homeless man won't have any way to cash it out or even use it. If you choose to donate bitcoin to a homeless person, you should also give them a cellphone too. It's not very realistic at this time. However, it can stop lot of crime against homeless.

1Referee

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Quote from: Wendigo on June 29, 2017, 01:07:24 AM

They will lose most of the tips in transaction fees so instead of filing the pockets of miners you can just give them cash Grin

If you fill a paper wallet with like 0.01BTC, you'll end up paying (assuming the transaction has an average byte size) around 75K satoshi in fees. If you're a penny pincher and don't mind having to wait a while, you could even do it with 40-50K in fees. Give them food, or at least pay for a place where they can sleep for a few bucks - handing out money just like that isn't the right option.

tiggytomb

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Quote from: Pistacia on June 28, 2017, 07:04:05 AM

ok so if a whale hands out Bitcoin paper wallets to homeless people
would they know how to redeem and use the money or hold the bitcoin?
would they learn it?
maybe some of them would become bitcoiners or even programmers and valuable to the ecosystem

who wants to join me doing this

we need people in the usa, where there are the most homeless people on the planet, who are whales and want to help the cause handing out some paper wallets on a daily basis

I like the sentiment behind this idea but I feel awareness of bitcoin is not at the level that would make this a practical idea.

Many homeless people might not have a phone or a bank account to cash out, maybe in the future when it is recognised and accepted more it would work.

Tazmo

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but the homeless dont use bitcoin dummy

Wendigo

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They will lose most of the tips in transaction fees so instead of filing the pockets of miners you can just give them cash Grin

Kakmakr

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Quote from: The Sceptical Chymist on June 28, 2017, 05:36:26 PM

Fuck this. Most homeless are either too drug-addled or too mentally ill to even comprehend the significance of a paper wallet of anything. Handing out money to bums is a bad idea anyway. They'll just drink it up or otherwise squander it. No sense in that.

Yikes, not all homeless people are bums and drunks and drug addicts. ^grrrrrr^ I help out at a homeless shelter every second Saturday and I see whole families without a roof over their head, because they either lost their jobs or they ran into financial difficulty because someone in their family could not afford health insurance and they had to sell their house to pay for medical bills. So STFU if you have not dealt with these people and shared their misery.

OP, Do what you need to do to help these people, because some people judge them without knowing their personal circumstances. ^grrrrrrr^

ladydark

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Quote from: pearlmen on June 28, 2017, 07:11:51 AM

Quote from: Pistacia on June 28, 2017, 07:04:05 AM

ok so if a whale hands out Bitcoin paper wallets to homeless people
would they know how to redeem and use the money or hold the bitcoin?
would they learn it?
maybe some of them would become bitcoiners or even programmers and valuable to the ecosystem

who wants to join me doing this

we need people in the usa, where there are the most homeless people on the planet, who are whales and want to help the cause handing out some paper wallets on a daily basis

Instead of handing over paper wallets to an homeless man who would probably use it to wrap weed to smoke or use it for something less worth the value, why not just convert the bitcoin into cash and donate to his life to make it more meaningful. Even majority of people here if given paper wallet will still have to carry out some readings to know how to go about it not to talk of those individuals who would probably be hearing it for the first time and the stress of redemption might even be too stressful on them.

Yes,if you want to help them tuely,just convert the bitcoins into cash and give it to them.If you want to make them familiar with bitcoins,then you could explain them about bitcoins since there is a chines proverb,"Instead of giving a fish to the needy,better teach him how to catch a fish"

wantjokull

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It looks good idea and your thoughts are amazing BUT the thing is if people are homeless then how would they know about bitcoin use. They might be having other problems like solving issue of food and drinking water for the day? May be how to get shelter while it's cold and raining. You can't just donate high tech toy to such people and imagine that they will become pro in it and use it for better future. It will need big efforts than that. Better buy food and water for them.

stomachgrowls

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Quote from: Pistacia on June 28, 2017, 07:04:05 AM

ok so if a whale hands out Bitcoin paper wallets to homeless people
would they know how to redeem and use the money or hold the bitcoin?
would they learn it?
maybe some of them would become bitcoiners or even programmers and valuable to the ecosystem

who wants to join me doing this

we need people in the usa, where there are the most homeless people on the planet, who are whales and want to help the cause handing out some paper wallets on a daily basis

Its pretty nice that you have this kind of concern for homeless people but we should really be realistic here.We might mold or create programmers or whatsoever on those people but giving them bitcoin paper wallet would be somehow useless since they dont have much idea on what would they do on those papers since they do have lack of knowledge on it and also how they gonna engage if they dont have the money to sustain? Being practical and avoiding too much hassled better simply give them local fiat since we can spread bitcoin awareness on more simplier things.

ahmedjamal1998

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No that's not a good idea.

Using those coins needs:
a) a computer
b) with internet access
c) knowledge how to redeem it.

Literally 98% of them would just coil it around and have fun.
The remaining 2% would resell that "piece of paper" if they know it has value.

Want to help ? Do it in a reasonable way.

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One line that caught my attention though is this :

Quote from: Pistacia on June 28, 2017, 07:04:05 AM

who are whales and want to help the cause handing out some paper wallets on a daily basis

Why would those so called "whales" go through that painful process of sending small amounts to new addresses, get the keys of each of them onto paper AND on a DAILY basis !!

Too much work while they could just donate to a charity or give them cash on their way to work.

btctousd81

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imho, thats not a great idea, for him its just a peice of paper, and in current times he prolly doesnt even know what to do with it, so either he will loose it or if sombody knows what the paper wallet is , then without knowing the amount in his wallet, someone might steal it from him or exchange it for real cash.,
if you really wanna help , why not give them, what they really want like food, cash, some clothes.

jualidbitmixer

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Quote from: Pistacia on June 28, 2017, 07:04:05 AM

ok so if a whale hands out Bitcoin paper wallets to homeless people
would they know how to redeem and use the money or hold the bitcoin?
would they learn it?
maybe some of them would become bitcoiners or even programmers and valuable to the ecosystem

who wants to join me doing this

we need people in the usa, where there are the most homeless people on the planet, who are whales and want to help the cause handing out some paper wallets on a daily basis

Is it useless ? I mean, the homeless can't even afford a computer and maybe they don't know about bitcoin too. They already so hard on living and they need to learn a new thing like bitcoin ? I thing they will refuse it, just give them money lol.

Doms

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I'd rather donate to charitable institutions or non-government organizations than give pittance to the homeless. Because giving money to the homeless on an everyday basis is like encouraging them to continue with that way of life. There are many other ways you can help them, if that is what you really intend to do, but letting them depend on dole outs might not be the wisest of ideas.

Tazmo

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homeless dont use bitcoin

mrcash02

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Quote from: Pistacia on June 28, 2017, 07:04:05 AM

ok so if a whale hands out Bitcoin paper wallets to homeless people
would they know how to redeem and use the money or hold the bitcoin?
would they learn it?
maybe some of them would become bitcoiners or even programmers and valuable to the ecosystem

who wants to join me doing this

we need people in the usa, where there are the most homeless people on the planet, who are whales and want to help the cause handing out some paper wallets on a daily basis

No, it won't work. If someone is homeless on the world these days there is some problem with this person... Familiar issues, drugs issues, alcohol issues, gambling issues and it's not with Bitcoins that you will save their lifes. These people won't manage well the coins and will waste it very fast.

If money was the solution for them they would be rich by saving all the tips they earn every day (they have food, and drinks for free), specially in the USA where you say there are more homeless people in the world... What would work better is if you give them some job, tasks to be completed, so you can reward them with BTCs for their job.

CoinHeavy

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Too much homelessness is driven by addiction and mental illness for paper-wallet handouts to be claimed at any significant rate.
Those most likely to lay claim to the funds therein would be the people who, after a day of panhandling, drive home to the houses that they pretend not to have during the day.
College students would be a better target group. Given their average debt, they are also almost surely poorer ( if only on paper ).

Weatherby

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Quote from: Pistacia on June 28, 2017, 07:04:05 AM

we need people in the usa, where there are the most homeless people on the planet, who are whales and want to help the cause handing out some paper wallets on a daily basis

I thought US is the land of dreams Cheesy

i am not sure why there are more homeless people in US but i am not sure whether the so called homeless could understand what a paper wallet is,let alone will they understand what bitcoin is,you can hand out fiat rather than giving out bitcoin paper wallets,never complicate things with the poor people,make sure that they can understand what you are handing out rather than doing a publicity stunt. Wink

The Sceptical Chymist

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Fuck this. Most homeless are either too drug-addled or too mentally ill to even comprehend the significance of a paper wallet of anything. Handing out money to bums is a bad idea anyway. They'll just drink it up or otherwise squander it. No sense in that.

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