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Topic: Using Bitcoin for those in need. - page 2. (Read 1085 times)

hero member
Activity: 1372
Merit: 647
July 18, 2016, 08:09:08 PM
#11
There are lots of helping hands in bitcoin community, especially those who have enough to donate.

I saw this thread yesterday here in the forum https://bitcointalksearch.org/topic/bitcoin-omega-scholarship-351789
Bitcoin Omega Scholarship, it aims to give scholarship to the low-income kids on Africa through bitcoin. The idea was great imo, and the plan is good as well since you'll be having an update with the kids. There have been sponsors who did pledge, but sadly it seems that the plan will not proceed anymore.
sr. member
Activity: 1050
Merit: 252
July 18, 2016, 07:39:41 PM
#10
I have seen bitcoin be using many times in the donation websites, also few users here use bitcoin for charity. For example, bitcoincharity.org aka donatemedia accepts bitcoin for donation, few members also wear signature here.
Bitcoin is spread everywhere and accepting donations on bitcoin is fantastic.

That's true but I don't think normal users who are working really hard to earn bitcoin will believe in charity and will prefer to donate their hard earned coins.

Actually Most users are not prefered to donate some of their coins to the charity websites of course how can we be sure that our donations will be truly going through the real charity and reaches those people i need . And we are not actually sure that these websites are real charity websites .
legendary
Activity: 3528
Merit: 7005
Top Crypto Casino
July 18, 2016, 07:24:05 PM
#9
Let's be realistic for a moment here, we are living in a reality where half of world's wealth now in hands of 1% of population.

I don't have more recent data, but according to Wikipedia:

In 2007, 147 companies controlled nearly 40 percent of the monetary value of all transnational corporations.

Bitcoin initiatives are amazing and it is great that people are trying, but without the richest people helping we have very little chance to change the world for good.
We can only patch its wounds.
Uh huh,  plus the total value of all bitcoin in existence is low enough that Warren Buffett could buy it all if he wanted to.  And most bitcoiners are young folks not (yet) into philanthropy.   I will never give to a charity whilst I'm alive.  I don't believe in it.
legendary
Activity: 1862
Merit: 1004
July 18, 2016, 04:36:36 PM
#8
Let's be realistic for a moment here, we are living in a reality where half of world's wealth now in hands of 1% of population.

I don't have more recent data, but according to Wikipedia:

In 2007, 147 companies controlled nearly 40 percent of the monetary value of all transnational corporations.

Bitcoin initiatives are amazing and it is great that people are trying, but without the richest people helping we have very little chance to change the world for good.
We can only patch its wounds.
sr. member
Activity: 504
Merit: 250
July 18, 2016, 04:20:46 PM
#7
I have seen bitcoin be using many times in the donation websites, also few users here use bitcoin for charity. For example, bitcoincharity.org aka donatemedia accepts bitcoin for donation, few members also wear signature here.
Bitcoin is spread everywhere and accepting donations on bitcoin is fantastic.

That's true but I don't think normal users who are working really hard to earn bitcoin will believe in charity and will prefer to donate their hard earned coins.
thats true, people are really greedy in my opinion and i doubt that we will somehow make them donate the bitcoins to some charity organizations though thats just my opinion
legendary
Activity: 1204
Merit: 1000
July 18, 2016, 04:15:19 PM
#6
I have seen bitcoin be using many times in the donation websites, also few users here use bitcoin for charity. For example, bitcoincharity.org aka donatemedia accepts bitcoin for donation, few members also wear signature here.
Bitcoin is spread everywhere and accepting donations on bitcoin is fantastic.

That's true but I don't think normal users who are working really hard to earn bitcoin will believe in charity and will prefer to donate their hard earned coins.

Saying the truth bitcoin is not as hard as we think to own, people can work hard besides bitcoin (paypal or in real life) and then buying bitcoins and still able to donate, but for people that earn only in bitcoin that's a bit hard for them.
If people do not trust these charity websites then this is another thing to be discussed.
legendary
Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
July 18, 2016, 04:04:57 PM
#5
I can't argue that bitcoin should be used for good causes like charity and such, but let's face it - there's little response for noble causes compared to less noble ones.
Recent articles about political parties starting to use bitcoin to fund their campaigns on the other hand.. that's where things will erupt...
hero member
Activity: 812
Merit: 1000
July 18, 2016, 04:02:10 PM
#4
I have seen bitcoin be using many times in the donation websites, also few users here use bitcoin for charity. For example, bitcoincharity.org aka donatemedia accepts bitcoin for donation, few members also wear signature here.
Bitcoin is spread everywhere and accepting donations on bitcoin is fantastic.

That's true but I don't think normal users who are working really hard to earn bitcoin will believe in charity and will prefer to donate their hard earned coins.
legendary
Activity: 1204
Merit: 1000
July 18, 2016, 03:51:58 PM
#3
I have seen bitcoin be using many times in the donation websites, also few users here use bitcoin for charity. For example, bitcoincharity.org aka donatemedia accepts bitcoin for donation, few members also wear signature here.
Bitcoin is spread everywhere and accepting donations on bitcoin is fantastic.
hero member
Activity: 798
Merit: 506
Thank satoshi
July 18, 2016, 02:25:40 PM
#2
Given that bitcoin and the blockchain are still misunderstood in the eyes of the public, industry proponents have long sought to showcase how the digital currency’s attributes can be used to the advantage of global relief and philanthropy efforts.

For incumbent financial services firms, eager to avoid the negative connotations bitcoin can bring, such efforts are often the first step in their engagement with the industry.

This year, UK banking giant Barclays and investment firm Fidelity each announced their first foray into bitcoin and blockchain. Both projects were advertised as benefitting those in need. I think its a good move to bring the world to a better plcae

-by Victoria van Eyk, Connie Gallippi & Elizabeth McCauley @coindesk.

Edit:
edit:*forgot to add my comment
I think its a good move to bring the world to a better place. I found this article and i was intrigued by how much bitcoin has grown and how dependent it has become to help those in need.  I also read in some other thread that bitcoin is being used for relief efforts across the globe to help those who have just faced a natural disaster.


As bitcoin grows it is inevitable that it will be used for charity and other things (even crime).  Any payment method will have such uses once they grow large enough.  And yes, it is good for both bitcoin and the people.
member
Activity: 84
Merit: 10
July 18, 2016, 02:12:51 PM
#1
"Given that bitcoin and the blockchain are still misunderstood in the eyes of the public, industry proponents have long sought to showcase how the digital currency’s attributes can be used to the advantage of global relief and philanthropy efforts.

For incumbent financial services firms, eager to avoid the negative connotations bitcoin can bring, such efforts are often the first step in their engagement with the industry.

This year, UK banking giant Barclays and investment firm Fidelity each announced their first foray into bitcoin and blockchain. Both projects were advertised as benefitting those in need. "

edit:*forgot to add my comment
I think its a good move to bring the world to a better place. I found this article and i was intrigued by how much bitcoin has grown and how dependent it has become to help those in need.  I also read in some other thread that bitcoin is being used for relief efforts across the globe to help those who have just faced a natural disaster.
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