Topic: Will you donate Bitcoin for the poor and needy? - page 47. (Read 4037 times)
The idea of donating bitcoin to the poor people is good, but the problem is do they know how to make use of it? Maybe giving cash out of your bitcoin to some charitable institution would be the best because we really know that its the right institution that provides and help the poor people. And maybe educating poor people regarding this crypto currency would be a great idea in order for them to be enlightened and maybe someday they have an idea and knowledge on how to do bitcoin and being part of this crypto world.
Donating bitcoin to the poor is like giving l him a private jet without some millions dollars to maintain it. Where will he get money to maintain the jet. I will rather convert the bitcoin to physical cash and give him or enlighten him on how to trade bitcoin and get more money. I will teach fishing and stop feeding him with fishes.
The point is to keep a bitcoin separately for donation to the poor. Donating a bitcoin directly will make sense if the receiver is aware of the functioning of bitcoin and Cryptocurrency. A poor and / or needy man can be sometimes an educated man or a knowledgeable man who is struggling to meet his ends. Bitcoin can otherwise be encashed and given to the poor.
It is always better to think big. I would rather create a trust or try to invest in healthcare or education of a poor child. All quick helps will not last long. Educating one child by spending a $25000 or more will reap great benefits to the society in comparison with feeding a whole lot of people once with the same money. Though it is not bad to feed but it is better to invest in a system that more than once continually feeds.
Yes I will donate Bitcoin to the poor and needy the way I feel is best useful for them. One percentage of the income can always be set aside for donation. After all, life is short and it is best to help as much as we can.
i can't donate my bitcoin for the poor and needy. if i want to help the poor people it is better to my own help and not rely on the charity or in others because if we donate the bitcoin to that we don't know where the money going you don't know if all of your donate was successful donate i mean it. it is better to convert your bitcoin to your money country and then buy many sack of rice food clothing then you will separate not the others. It is always better to think big. I would rather create a trust or try to invest in healthcare or education of a poor child. All quick helps will not last long. Educating one child by spending a $25000 or more will reap great benefits to the society in comparison with feeding a whole lot of people once with the same money. Though it is not bad to feed but it is better to invest in a system that more than once continually feeds.
Yes I will donate Bitcoin to the poor and needy the way I feel is best useful for them. One percentage of the income can always be set aside for donation. After all, life is short and it is best to help as much as we can.
Growing up in a third world country, I'd say it is better to help the poor by providing them with opportunities and skills rather than money. There is a saying "Give a man a fish and you feed him for the day. But teach a man how to fish and you feed him for a lifetime". Therefore, helping the poor should go like this:
Skills and education > Opportunities to work > Food and basic necessities > Money (physical currency) > Bitcoin
Skills and education > Opportunities to work > Food and basic necessities > Money (physical currency) > Bitcoin
Yes, i will donate my bitcoin for poor and needy person..
But i take my bitcoin andswap to cash&give to them
But i take my bitcoin andswap to cash&give to them
Yes if I have a lot of it and I prefer to donate it to the people that really need money. For small capital for their business.
The point is to keep a bitcoin separately for donation to the poor. Donating a bitcoin directly will make sense if the receiver is aware of the functioning of bitcoin and Cryptocurrency. A poor and / or needy man can be sometimes an educated man or a knowledgeable man who is struggling to meet his ends. Bitcoin can otherwise be encashed and given to the poor.
It is always better to think big. I would rather create a trust or try to invest in healthcare or education of a poor child. All quick helps will not last long. Educating one child by spending a $25000 or more will reap great benefits to the society in comparison with feeding a whole lot of people once with the same money. Though it is not bad to feed but it is better to invest in a system that more than once continually feeds.
Yes I will donate Bitcoin to the poor and needy the way I feel is best useful for them. One percentage of the income can always be set aside for donation. After all, life is short and it is best to help as much as we can.
It is always better to think big. I would rather create a trust or try to invest in healthcare or education of a poor child. All quick helps will not last long. Educating one child by spending a $25000 or more will reap great benefits to the society in comparison with feeding a whole lot of people once with the same money. Though it is not bad to feed but it is better to invest in a system that more than once continually feeds.
Yes I will donate Bitcoin to the poor and needy the way I feel is best useful for them. One percentage of the income can always be set aside for donation. After all, life is short and it is best to help as much as we can.
If there is a program that can ensure that the cryptocurrency or the bitcoin that we would be sending would be converted and then used to the poor and needy then even in the smallest akounts i would not hesitate to reach out and make a donation myself
Experience tells me that if you dont give money away while you have a little, you will never start giving just because you are rich...
being rich is relative anyway. For some people you are rich, if you just have a laptop and can access this page
Bitcoin is money like every other kind of money. There is no bigger or smaller obligation to give it to charity.
being rich is relative anyway. For some people you are rich, if you just have a laptop and can access this page
Bitcoin is money like every other kind of money. There is no bigger or smaller obligation to give it to charity.
The most needy and poor people in this part of the wold probably don't own a phone or know how to use a computer. so how do you start. I prefer the idea of empowering young savvy people with crypto currency gifts though
Sharing is beautiful, it's a good idea and noble maybe if later I've gotten a lot of bitcoin and continue to make a profit then 2.5% of that income for me can be donated to poor people in need.
hopefully I can be a successful person and can share the sustenance with people in need.
hopefully I can be a successful person and can share the sustenance with people in need.
It’s a good idea of donating such valuable asset. But I don’t this it’s a practical one. Though there are many organisations ready to accept bitcoin as donation money. In my country we have bitcoin exchanges but bitcoin as a currency is not accepted by anyone. So such donations are of no use, instead I will en cash that bitcoin and then use that money for some good cause. Merely by giving money no one comes out of poverty, instead we will create job opportunities for such peoples.
The point is to keep a bitcoin separately for donation to the poor. Donating a bitcoin directly will make sense if the receiver is aware of the functioning of bitcoin and Cryptocurrency. A poor and / or needy man can be sometimes an educated man or a knowledgeable man who is struggling to meet his ends. Bitcoin can otherwise be encashed and given to the poor.
It is always better to think big. I would rather create a trust or try to invest in healthcare or education of a poor child. All quick helps will not last long. Educating one child by spending a $25000 or more will reap great benefits to the society in comparison with feeding a whole lot of people once with the same money. Though it is not bad to feed but it is better to invest in a system that more than once continually feeds.
Yes I will donate Bitcoin to the poor and needy the way I feel is best useful for them. One percentage of the income can always be set aside for donation. After all, life is short and it is best to help as much as we can.
Why make their lives complicated. If we have the heart and willingness and the means to give we can give in so many ways. If bitcoin is all we have we can turn it into cash ang donate the money to whoever and whatever we want to give it to. We have the power to do this if we have the means in our hands. Unlike, if we give them crypto and all they need is bread and they dont kniw what crypto is, then that would not be a help to them. It is always better to think big. I would rather create a trust or try to invest in healthcare or education of a poor child. All quick helps will not last long. Educating one child by spending a $25000 or more will reap great benefits to the society in comparison with feeding a whole lot of people once with the same money. Though it is not bad to feed but it is better to invest in a system that more than once continually feeds.
Yes I will donate Bitcoin to the poor and needy the way I feel is best useful for them. One percentage of the income can always be set aside for donation. After all, life is short and it is best to help as much as we can.
Charity work is good and brings blessings from above. If with Bitcoin it will be to an organization that knows about BTC and how to go about it and who also have a wallet . If these two facts are not there, then there is no need giving them BTC but you can exchange to a fiat currency and give them.
I saw a news somewhere in net browsing 40 % of bitcoins have only 1000 people in the world. I don't know, how many in this forum have that much of bitcoins who can donate. Most of the people in this forum are straggling to get some part of bitcoin from different sources. I am posting in this forum last 6 months and i didn't get any single bitcoin till today's. So i think, donation of bitcoin only matter for those 1000 people in this world.
Myself, I believe charity begins at home. And I have plenty of family members that need help. I haven't had huge bitcoin profits, but enough to buy my brother a condominimum (well, technically, I bought it for me, but I let him live there) in suburban Plano, outside of Dallas, he's thirty and until last year had still been renting. I've also accepted the responsibility to put two of my less fortunate nephew and niece through college.
For the most part though, I'm still holding btc, have converted some of it into other coins and also gold bars stored with a couple different Malca Amit locations. Sometimes, the best solution is not to divide the pie up too much.... make the pie bigger and then you can do more good then.
For the most part though, I'm still holding btc, have converted some of it into other coins and also gold bars stored with a couple different Malca Amit locations. Sometimes, the best solution is not to divide the pie up too much.... make the pie bigger and then you can do more good then.
I am poor and needy. Will you donate me 0.01 bitcoin. This post will be ignored.
It is easy to talk about donating but everyone want's to keep thing's for them self's.
It is easy to talk about donating but everyone want's to keep thing's for them self's.
How we believe with what you talked about? How you prove that you are poor? Thats important.
I actually donate here but with fiat. I dont donate to people but donate to place for building. Of course not so much. I donate how much i can afford.
Interestingly, while bitcoin can make huge profits, I would love to share my results of bitcoin fare for needy people, not just for the poor, I also want to give to those who have guided me in deepening the world these cryptocurrencies, for all of you, do not enjoy your own bitcoin, apply your sharing soul to everyone in need
I carry I lot of risk toward bitcoin, It is a source of investment, I will never donate it to anyplace, also I do not think any organization is going to accept it. Accounting and bookkeeping would be hard for these recipent organizations.
I would usually donate foods and drinks to the homeless people on the streets that I saw around my area, I don't think they even know what is bitcoin if they are just sleeping on the streets since they won't have access to any device which connects them to the online world, so I would rather cash out my bitcoin into fiat money, and use that money to buy foods and drinks for them.
I think I can give bitcoin to someone else who needs a lot of money but I think that for the poor need money you will give them help for those who have a life problem okay, need they are for their family because the bitcoin is crypto currency and also the money bitcoin you also withdraw it to different banks and it will convert into a money.
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