Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: BitcoinAshley on March 25, 2013, 10:32:52 PM



Title: Has anyone tried this? ...
Post by: BitcoinAshley on March 25, 2013, 10:32:52 PM
Seriously - good idea, or greatest idea ever?

http://i46.tinypic.com/2ccl7vr.jpg

I get all these donation solicitations via snail mail and now I've decided to send them all back with a nice little note instead of an enclosed donation. And of course, should they start sending letters asking for BTC donations, I'll send them the obligatory BTC0.02.

(And yes, bitpay does offer free transactions for registered 501c(3) nonprofits. In case you were wondering about the "free" comment.)

Do you think Audubon Society will pay attention to me? Lol.


Title: Re: Has anyone tried this? ...
Post by: the founder on March 25, 2013, 10:34:08 PM
with all the media recently they might.


Title: Re: Has anyone tried this? ...
Post by: yolo2222 on March 25, 2013, 10:37:06 PM
Very good move! Nice


Title: Re: Has anyone tried this? ...
Post by: mokahless on March 25, 2013, 11:05:37 PM
            _
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         __\  \  _____
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        (___)__.|_____


Title: Re: Has anyone tried this? ...
Post by: dirtycat on March 25, 2013, 11:07:38 PM
ya but why would they go through all the trouble of accepting bitcoins and converting them to usd when they could just accept usd?


Title: Re: Has anyone tried this? ...
Post by: BTC Books on March 25, 2013, 11:24:09 PM
ya but why would they go through all the trouble of accepting bitcoins and converting them to usd when they could just accept usd?

Because the name of their game is numbers.

And people who are into bitcoin will generally no longer donate in any other currency.

So if they want any money at all out of our little (at the moment) market segment, they have to deal with us on our terms.


Title: Re: Has anyone tried this? ...
Post by: dirtycat on March 25, 2013, 11:33:37 PM
ya but why would they go through all the trouble of accepting bitcoins and converting them to usd when they could just accept usd?

Because the name of their game is numbers.

And people who are into bitcoin will generally no longer donate in any other currency.

So if they want any money at all out of our little (at the moment) market segment, they have to deal with us on our terms.

Their game is numbers yes and in their eyes it will cost them more to implement a bitcoin payment system and to print the little box with a bitcoin option for every one of those flyers.  Its easier to accept usd and that is the way it will stay for a long time to come.

But I see what your doing.. ya VIVA LA REVOLUTION etc etc etc


Title: Re: Has anyone tried this? ...
Post by: BTC Books on March 25, 2013, 11:36:10 PM

Their game is numbers yes and in their eyes it will cost them more to implement a bitcoin payment system...

Don't say that to the boys at BitPay.


Title: Re: Has anyone tried this? ...
Post by: bwstacker on March 25, 2013, 11:37:37 PM
Would be a good way to donate. Someday maybe we will have debitcards with these so we can buy us a pizza and a pop at the gas station. Would be nice wouldn'nt it?


Title: Re: Has anyone tried this? ...
Post by: dirtycat on March 25, 2013, 11:41:23 PM

Their game is numbers yes and in their eyes it will cost them more to implement a bitcoin payment system...

Don't say that to the boys at BitPay.

bitpay is great!


Title: Re: Has anyone tried this? ...
Post by: BitcoinAshley on March 26, 2013, 12:21:58 PM
[...] and in their eyes it will cost them more to implement a bitcoin payment system and to print the little box with a bitcoin option for every one of those flyers.  Its easier to accept usd and that is the way it will stay for a long time to come. [...]


No, you're wrong. :-D. You are making an assumption on the cost of implementing a bitcoin payment system vs. the amount of additional donations that it would bring in. And when you assume you make an "ass" out of "u" and "me."

It costs virtually nothing to implement a bitcoin payment system. BitPay even doesn't charge 501c(3) nonprofits. And there is the potential for increased donations. Check out the list of projects/charities that accept bitcoins on the bitcoin wiki. Do you think that many charities would have accepted donations if the risk/benefit ratio was clearly not in favor of adoption?

Sure it might cost $0.0001 more per mailout to print a QR code. This is completely irrelevant as they print out full-page color glossy photos, entire calendars, sheets of promo address labels, all kinds of fancy shit to woo their potential donors. Ink for a QR code would be a tiny fraction of a percent of the total average cost of a mailer. It might take their IT guy a few hours to put a bitpay option in the donation page and set up an account with bitpay.

Companies tend to make risk/benefit analyses and yes, it is all about the numbers. I am looking at actual examples of other companies that have done this, and it is clear to me (based on their own analyses and action) that the benefits of accepting bitcoins (in many cases) outweigh the potential risks. But you are making an assumption (based on data you appear to have pulled out of your butt) about the "cost of implementing bitcoin" - what costs? And an implied belief that no one will actually donate bitcoins (contrary to the dozens/hundreds of organizations that currently accept bitcoin donations according to the wiki).

Personally, I've donated Bitcoins to at least 4 or 5 charities and I try to donate a little bit every time I find a worthwhile charity that accepts them.


Title: Re: Has anyone tried this? ...
Post by: gollum on March 26, 2013, 12:48:54 PM
Seriously - good idea, or greatest idea ever?

http://i46.tinypic.com/2ccl7vr.jpg

I get all these donation solicitations via snail mail and now I've decided to send them all back with a nice little note instead of an enclosed donation. And of course, should they start sending letters asking for BTC donations, I'll send them the obligatory BTC0.02.

(And yes, bitpay does offer free transactions for registered 501c(3) nonprofits. In case you were wondering about the "free" comment.)

Do you think Audubon Society will pay attention to me? Lol.

I said the same to Wikipedia: I will donate if you start accepting bitcoin.
We got Wordpress, Reddit and Mega among the big sites accepting bitcoin. But if Wikipedia would accept Bitcoin it would be a great approval since Wikipedia is the most used website around the world, in all ages, races, sexes and income classes.


Title: Re: Has anyone tried this? ...
Post by: dirtycat on March 26, 2013, 11:03:59 PM
[...] and in their eyes it will cost them more to implement a bitcoin payment system and to print the little box with a bitcoin option for every one of those flyers.  Its easier to accept usd and that is the way it will stay for a long time to come. [...]


No, you're wrong. :-D. You are making an assumption on the cost of implementing a bitcoin payment system vs. the amount of additional donations that it would bring in. And when you assume you make an "ass" out of "u" and "me."

It costs virtually nothing to implement a bitcoin payment system. BitPay even doesn't charge 501c(3) nonprofits. And there is the potential for increased donations. Check out the list of projects/charities that accept bitcoins on the bitcoin wiki. Do you think that many charities would have accepted donations if the risk/benefit ratio was clearly not in favor of adoption?

Sure it might cost $0.0001 more per mailout to print a QR code. This is completely irrelevant as they print out full-page color glossy photos, entire calendars, sheets of promo address labels, all kinds of fancy shit to woo their potential donors. Ink for a QR code would be a tiny fraction of a percent of the total average cost of a mailer. It might take their IT guy a few hours to put a bitpay option in the donation page and set up an account with bitpay.

Companies tend to make risk/benefit analyses and yes, it is all about the numbers. I am looking at actual examples of other companies that have done this, and it is clear to me (based on their own analyses and action) that the benefits of accepting bitcoins (in many cases) outweigh the potential risks. But you are making an assumption (based on data you appear to have pulled out of your butt) about the "cost of implementing bitcoin" - what costs? And an implied belief that no one will actually donate bitcoins (contrary to the dozens/hundreds of organizations that currently accept bitcoin donations according to the wiki).

Personally, I've donated Bitcoins to at least 4 or 5 charities and I try to donate a little bit every time I find a worthwhile charity that accepts them.

sorry but "u" are wrong  ;D.. not an assumption as it was stated before its a numbers game to a lot of these folks and the trouble they would have to go through for some "magic nerd money" isn't worth it for them at the moment.. perhaps in the future if/when bitcoin becomes more popular and is out of beta.

But its people like you we need to get it mainstream and popular.. rock on!


Title: Re: Has anyone tried this? ...
Post by: BitDreams on March 26, 2013, 11:07:08 PM
Bitcoin buttons where like buttons are now. Bitcoin, when a like is actually worth something.


Title: Re: Has anyone tried this? ...
Post by: dirtycat on March 26, 2013, 11:08:21 PM
Bitcoin buttons where like buttons are now. Bitcoin, when a like is actually worth something.

thats cryptic.. I love it.