developping a coin for helping poor countries

[papamoi]

hi guys,

i ve read recently the success of auroracoin and i m wondering if there is anyway we could create a coin for helping under developped countries .

It could be a coin only mined on cpu and find a way to propagate the funds to the poorest thru association ngo s or else

i m not a developper and it s raw idea for now

any thoughts?

[markm]

You can help people with basically any coin that fluctuates up and down in value.

Just buy coins that are at a low point and sell at high points and donate the profits to whatever countries you choose to.

-MarkM-

[papamoi]

well

idea is to give them the opportunities to mine it and make it their own

better to learn them how to fish beside giving them the fish don t you think?

[Cloudpost]

You can't help poor people by simply giving them the money. Helping is more kicking asses than giving free gifts. Hard work, education, culture - these are the drivers.

I'm sure all these national coins are one big fail and they'll crash hard sooner or later.

[bittyweb]

Having valueless coins is no use for them, as long as they get useful to the people.

So provide something better to help poor countries.