Im with Anonymousg64 on this, we need a project! i don't like the idea of charities, because being born and bred from Southern Africa and I know and have seen how corrupt 90% of these charities are! if charity was the answer we wouldnt have anymore issues considering how many there are! comes down to the old saying, give a man a fish he eats for a day, teach a man how to fish and he eats for a life time! so if you want to support a charity it would have to be one created by the community! or we find a way to start a project that benefits the planet etc. Also we need this coin to go up in value so that people actually take notice, doesn't matter how good your intentions are, if its not sprakly and shinny you wont get the masses interested! so we need to get this coin up in value so that we have some weight and power behind us to get shit done.
perhaps I'm getting defensive here (it's something I do) but:
Send to a Zeitcoin address that could be set up as a donation address where folks could voluntarily add more Zeits and those funds could then go to a charity / cause / project
whatever that we decide is worthyNot sure I could make it much clearer without making the post ridiculously long, or is it more that 'charity' has been poisoned to such an extent that whenever people see the word they think 'bad' now?
Sure, many charities, however 'good' their initial intention was, ends up doing far more harm than good, that's why WE, as a community of individual, critical thinkers, have to do our due diligence and ensure that what we end up doing is worthwhile.
I also don't think we should be focusing on 'increasing the price' of the coin, we should be focusing on good things to improve society as a whole and let the price rise because of that, otherwise we're no better than the mega rich 'philanthropists' that donate and help charities to promote themselves and write the expense off their taxes while maintaining millions/billions in personal wealth. That, I WILL NOT be a part of!
i see what you're saying and have seen corrupt charities myself, it was just for idea sake, but i think we agree that it should be something that actually helps people/world, if we can develop something and cut out the charity middle man, i'm all for it.
it's true we do have a ways to grow until we can make moves like that. but it's doesn't hurt to throw it out there for people to think about, and to show that this isn't another greedy coin community with nothing but profit in mind.
Thank you, you're keep a scrap of hope alive in me here!
again the fees are insignificant even compared to the 1 ZEIT/block reward, we still need PoW, whats really going to increase Pow is an increase in ZEIT value.
if you are having the miner fees directed to a specific account, that is centralized
people holding ZEIT whether they believe in the cause or not are technically giving ZEIT value. think of it as a donation every time someone buys up ZEIT.
No, PoW will not be NEEDED. For several months, maybe a year or so, sure as there won't be a sufficient number of wallets running at all time to ensure chain integrity. We don't want an increase in PoW, like I've already stated, that's a waste of resources and the opposite of what we need in this world.
The address could be a multi-sig address (which will be coming in the next few months I'm sure), so while it could be considered 'centralised', it'll be up to us to ensure that the holders of the private keys are independant from each other and therefore have to agree on where to send the funds once we're able to agree where to send them.
How is useful to have a high value ZEIT when hardly anyone gives a crap about anyone but themselves. We've already got a whole bunch of selfish bastages who only have this coin because they see a way for THEMSELVES to make a profit and damn anyone else!