Will you donate Bitcoin for the poor and needy? - page 52.

lebrone08

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Quote from: Rony321 on December 24, 2017, 10:51:11 AM

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.

That's true. As for today, people is too greedy when it comes to money. They don't mind others even if they have the ability to help people in need. The focus of their minds is too keep only for themselves.

LogitechMouse

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If I have enough bitcoin to give to the poor and needy, I will rather send fiat money than bitcoin. Giving bitcoin to other people for me is a good way of helping others life but if you are giving bitcoin, you will suffer the problems that bitcoin suffers at this moment. Instead of bitcoin, why not give other altcoins like LTC or DOGE or other fast transaction and low fees. In that way, you helped people and at the same time you don't need to pay very high fees. Now I don't have that much coins to helped other people. Maybe in the future.

TravelBlock

jr. member

Activity: 65

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Is it doable? Yes. Is it feasible for such charities to be set up? Not so much in the current environments. (And it still depends where of course)

But it's something that over the next few years as prices stabilize, well, it could be a very good idea.

Protected101

full member

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That was a very good idea to donate to the poor and needy by transfering bitcoin i to fiat its like that we need to share our blessings to them.But I dont think if there are some organization who accept bitcoin and digital currency if they are open minded in this kind of cryptocurrency.

Wyne

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Quote from: DARKANGEL6415 on December 24, 2017, 10:45:12 AM

That is nice to offer bitcoins for like charity and so forth. I know there are some well established charitable companies that will take bitcoins as donations. Now the issue i worry about is the fact that most of this organizations that i spoke of might not know how to properly handle bitcoins so they might sit on them till some accounting person noticed them. That i fear would make my donating to a local cause like hurricane victims a long drawn out process.

Yes, it is the fact that even some charitable companies are knowledgeable about bitcoin but most of charitable organizations do not know how to handle bitcoins. So, I think, instead of donating bitcoin, it is better to convert it first into flat prior to donating. The good thing about this is the idea that there are bitcoiners who think that a part of their earnings from the bitcoin will be given to poor or needy for help. But in my personal opinion, I will just set aside a part of my bitcoin earnings to help people around me who is needy rather than donating it into organization. Through that, I can monitor how my bitcoin earnings help and touch other people.

bitbunnny

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Why not, it's like donating in any other fiat currency.
Although so far I haven't found any legit organization that would collect funds in cryptocurrencies for poor people.
And those people wouldn't necessary have to use these funds in Bitcoin or some other cryptocurrency, they could be converted to fiat, so their knowledge or education about Bitcoin is not necessary. It's purpose that matters.

iamzill

sr. member

Activity: 677

Merit: 250

Quote from: DARKANGEL6415 on December 24, 2017, 10:45:12 AM

That is nice to offer bitcoins for like charity and so forth. I know there are some well established charitable companies that will take bitcoins as donations. Now the issue i worry about is the fact that most of this organizations that i spoke of might not know how to properly handle bitcoins so they might sit on them till some accounting person noticed them. That i fear would make my donating to a local cause like hurricane victims a long drawn out process.

it is a very good idea to donate bitcoin but my country has not been able to do it because the government has not authorized bitcoin as the official currency, and in my country bitcoin has not been so accessible to everyone so if they donated it with bitcoin they may not believe it

Liza Soberano

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Quote from: imadmirer on December 24, 2017, 09:26:09 AM

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.

For me, i think i will donate not bitcoin but money for the people who in terms in need and people who are don't have the abilities to answer their necessities. When i see poor people on the street, my eyes get tears because i dont want to see any people living like that.

sucix

member

Activity: 154

Merit: 12

I dont think that i can donate with my recent economy condition. I hope next future i can donate to poor people.
However, donate is always good to support moreover this dontion with bith bitcoin nice to try.

Pom_bensin

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I think we should donate a bit of our bitcoin to something that needs, for example, the disaster victims and the poor we should help because they also need it. and it's great for bitcoin owners.

MidKnight

full member

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It would not help either. The poor needs job and not temporary help. They need to have a job that can sustain their everyday needs because bitcoin will just get spent by them and then they go back asking for it.

shadowdio

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Activity: 1876

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Zawardo

donate bitcoin for the poor if I have enough bitcoin well I would like to donate into the charity not directly to the needy people because we don't know where they going to spend it and we don't know if they are knowledge about using bitcoin or cryptocurrency so I'm gonna donate to the charity which they accepting bitcoin for donation.

HarleyQuinn9876

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Quote from: imadmirer on December 24, 2017, 09:26:09 AM

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 want to help them earn money from bitcoin instead of giving them bitcoin. If I give them bitcoin, I'm not sure they know how to use it, because they do not understand bitcoin. If you want to do charity, you should donate cash to them

Dewao

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Yes i will donate for the like me.
if I have bitcoin I will be able to donate for the poor and needy I
i'm also a poor person so I know the feeling of nothing.
So if I can help others I will do.

dharnamonitor

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Quote from: heureca on December 24, 2017, 11:19:09 AM

Quote from: imadmirer on December 24, 2017, 09:26:09 AM

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.

That is good idea

However, it is better to convert BTC in US dollar or other local currency because poor people do not have access to Internet.

Yes it is, but I would rather use bitcoin to buy goods and donate it, I would not donate physical money or any other currencies because we can't be sure if they used it efficiently so, instead, we should donate things that they need for their everyday life. (Basic needs)

newgal2017

member

Activity: 337

Merit: 15

This subject is very touching and moving, it allows people to open their hearts and mind. Honestly speaking, if I am financially wealthy I would be very much willing to donate Bitcoin for the poor and needy. I will donate Bitcoin for the poor and needy through converting it in the best way it would be helpful and beneficial to the receiver.

To the youth, I want to engage in improving and expanding the complimentary free of charge education system and for everyone to be able to have right teaching and guidance.

To the elders and adult, I want to part of a charity or foundation that will provide assistance for their healthcare and overall welfare.

To the poverty-stricken, I want to be involved in providing proper training and to support people by helping them to have a firm livelihood.

In my current situation and position in life, I am not yet capable of doing so. But, one day if I will ever get the chance to, I'd be very much willing to do what I can.

eann014

hero member

Activity: 1078

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For the poor and needy bitcoin is what they don't need. Just like what you've said they are poor and needy for sure they will not able to appreciate bitcoin to donate for them why not give them cash. They can use it immediately and not able to use internet or gadgets to encash it.

betMaster

sr. member

Activity: 336

Merit: 250

I personally believe that donating bitcoin to needy people is not a good idea. I mean how will they be able to have access to it and cash. It's pointless. Donating cash is the best solution. We should all help each other. Humanity is what makes us better than other creatures. I hope that people who own lots of bitcoin take that in consideration. Helping others is a duty that we all should do whenever we have the potentiel to do it.

shinjunobi09

member

Activity: 126

Merit: 14

I prefer to educate them about bitcoin in order to help them be more knowledgeable and teach them to be more be a hardworker. So that they will learn the value that every money here in this world is not given but rather earned. Also this could help them put in their mind that even though that their poor there is a still for them to rise.

rosepetals

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Quote from: imadmirer on December 24, 2017, 09:26:09 AM

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.

If i have a lot of bitcoins i would rather in cash it and help those are in needs because those needy people most of them has no knowledge in bitcoin.I wanted them to feel that i have helped them in their darkest times of their life and give some shine on it..but even if i dont have alot of btc i still want to give something to the poor even just a little bit of help becauae i know how it feels to be in need..i just want to share some of my blessings to others.

Topic: Will you donate Bitcoin for the poor and needy? - page 52. (Read 4008 times)