On reddit now - "for every $20 you donate to a charity i'll send you a 1btc"

[Roger_Murdock]

Pretty damn cool.

http://www.reddit.com/r/Bitcoin/comments/19oiht/rbitcoin_lets_share_with_those_in_need_for_every/:

right now 1btc~=$35, so i think it's a fair deal. here's what you have to do to participate:

1) you must donate to any charity of your choice. by this i mean any known, reputable organization that actually helps people (as in medical aid, education or feeding the hungry, you get the drift. no political/social movements types of orgs. please comment/msg me if in doubt.)

2) you must should send a short message to the said charity, explaining what btcs are and why they should consider accepting them as a donation. extra karma for those of you who actually succeed.

3) you must send me a verifiable receipt - i reserve the right to contact the organization you donated to before i send you any bitcoins. don't get me wrong, i believe most of you are really charming, kind, caring people, but there is no shortage of thieves and scammers, and i don't want to make their day.

4) your receipt WITH ALL YOUR PERSONAL INFO BLACKED OUT will be posted in the comments along with txid of your reward; hopefully this get enough momentum to actually make some impact in and outside of the btc community, and i don't want any idiots crying "omg is liek totaly a SCAMM!!11" and whatnot

... and that's it. let's get it going imho there's no better way to promote bitcoins than to share some.

EDIT: Probably should have used the search function. https://bitcointalk.org/index.php?topic=149244.0 

[BIGMERVE]

I don't get it. People are donating $100 dollars and getting $180-$200 back. They're making money.

[SkRRJyTC]

I don't get it. People are donating $100 dollars and getting $180-$200 back. They're making money.

What part of free money aren't you getting?

[BIGMERVE]

I don't get it. People are donating $100 dollars and getting $180-$200 back. They're making money.

What part of free money aren't you getting?

I get it's free money but this guy is paying people money to donate to charity. Instead of paying someone $200 to give $100 to charity he could have just given the $200 dollars to charity.

[SkRRJyTC]

I don't get it. People are donating $100 dollars and getting $180-$200 back. They're making money.

What part of free money aren't you getting?

I get it's free money but this guy is paying people money to donate to charity. Instead of paying someone $200 to give $100 to charity he could have just given the $200 dollars to charity.

But he is not giving $200, he is giving $200 worth of BTC.  I assume most charities arent accepting BTC



yet.

[dserrano5]

The guy ran out of BTC .

[Spaceman_Spiff]

too bad, I would have signed up for this asap.
I actually already donated to charity in the past and suggested they take bitcoins in the future.  Didn't work out though.

[GGGGG]

But he is not giving $200, he is giving $200 worth of BTC.  I assume most charities arent accepting BTC


yet.

I like what this guy on the reddit thread said about it:

it's an interesting point. But value is all relative, suppose he was good miner back in the day and has a ton of coins? He's taking something that was essentially worthless and generating a lot of good from it.

Suppose the value is more than just the "profit" being made by us here tonight, it's actual real world people that may benefit from this.