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Title: Bitcoin100: Surely, This Can't be Right!!! Post by: Bitcoin 100 on December 31, 2011, 05:07:58 AM Surely, This Can't be Right!!! Comments below the image.
As seen here: https://apply.networkforgood.org/productgallery.aspx Quote Become an Online Fundraising Superhero Whether you're just getting started online or taking your activities to the next level, we're excited to help you get started--and succeeding!--online. Check off any and all products you'd like and we will get the process started for you. http://farm8.staticflickr.com/7016/6604557065_d10b31b1b7_z.jpg From Network for Good's website, I've gleaned the following:
Then I did the math. 100,000 X $600 = $60,000,000 that Network for Good (good for them) takes in--Minimum, A YEAR! They have been online for over 10 years, therefore $575,000,000/10 = $57,000,000 a year on average they have collected and dispersed donations to date. I would be happy with 10%--or less--with that business model in hand. Note in the image that the charitable organizations still pay that 3% processing fee. I think it's time for a little disruptive innovation starting with charitable organizations, hence Bitcoin100. http://www.claytonchristensen.com/disruptive_innovation.html Quote Some examples of disruptive innovation include: Disruptor Disruptee Cellular phones Fixed line telephony Community colleges Four-year colleges Discount retailers Full-service department stores Retail medical clinic Traditional doctor’s offices Bitcoin Fiat Title: Re: Bitcoin100: Surely, This Can't be Right!!! Post by: BitPay Business Solutions on December 31, 2011, 05:12:27 AM Charities need to get on the bitcoin bandwagon, because they can now accept a payment from any country, for free, right from their website. For a 501(c)(3) we will process the payments for no charge. Title: Re: Bitcoin100: Surely, This Can't be Right!!! Post by: bitcoinbetas on December 31, 2011, 05:17:27 AM this ^^
Title: Re: Bitcoin100: Surely, This Can't be Right!!! Post by: sadpandatech on December 31, 2011, 06:41:21 AM From Network for Good's website, I've gleaned the following:
Then I did the math. 100,000 X $600 = $60,000,000 that Network for Good (good for them) takes in--Minimum, A YEAR! They have been online for over 10 years, therefore $575,000,000/10 = $57,000,000 a year on average they have collected and dispersed donations to date. I would be happy with 10%--or less--with that business model in hand. Note in the image that the charitable organizations still pay that 3% processing fee. craziness Title: Re: Bitcoin100: Surely, This Can't be Right!!! Post by: Phinnaeus Gage on December 31, 2011, 07:14:39 AM From Network for Good's website, I've gleaned the following:
Then I did the math. 100,000 X $600 = $60,000,000 that Network for Good (good for them) takes in--Minimum, A YEAR! They have been online for over 10 years, therefore $575,000,000/10 = $57,000,000 a year on average they have collected and dispersed donations to date. I would be happy with 10%--or less--with that business model in hand. Note in the image that the charitable organizations still pay that 3% processing fee. craziness Sorry for the delay in replying, but had to find the right 'Madness' clip: http://www.youtube.com/watch?v=-qR0Uke2XNI (I was hunting for the scene in The Bridge on the River Kwai) |
