Oh, I'd agree PayPal are a terrible online trading platform, however when accepting donations they're not hard to deal with, chargebacks don't really matter for example, as there was no product sold.
And cheers; but it's really a current or niche donor base I'm looking to cater for seeing as most Bitcoin communities probably aren't interested in my project unfortunately.
Still looking for an easy-to-donate donation setup then, in which my anonymity is protected. One of my ideas unfortunately involved a burden of trust, and required the use of paypal, which unfortunately probably won't be suitable for this community either, but from what you've said it's all I've got, so I'll pitch it anyway:
- "The Lender" which in this case is a party other than myself, is required to have a reasonable amount of bitcoin. The Lender will act as a middleman for donations to "me"; "The Project".
- The Lender receives all donations to the Project by PayPal. This arrangement should be set up so that The Project can track all incoming donations to The Lender and confirm if a donation is later subject to chargeback.
- At the end of each day, (or x time period that satisfies The Lender whilst making sure fluctuations in the exchange rate for USD-BTC do not greatly effect the value of donations) the spot price for BTC is taken from an exchange and increased by a commission percentage agreed beforehand to become the "Exchange Price", the total amount of donations during x time period is then divided by the Exchange Price to give the amount of BTC that is owed to The Project.
- The Project then receives said amount of BTC.
- Any donations that are later subject to chargeback (I expect very few will be in my case, but that's somewhat arbitrary) will have the appropriate amount of BTC refunded to The Lender.
But again, this is all I can think of; it's probably not suitable though. Thoughts?