Bitcoin Forum
April 23, 2024, 06:57:06 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: How to build a reliable BTC Charity Platform?  (Read 1022 times)
lixiaolai (OP)
a friend of time
VIP
Full Member
*
Offline Offline

Activity: 169
Merit: 100



View Profile
April 22, 2013, 07:45:33 AM
 #1

I think bitcoin is ideal for charity. But there're many predicaments.

First of all, how to prevent others modify bitcoin receiving address when reposting? (it happened when I called for "help lushan donation" https://bitcointalk.org/index.php?topic=181336.0 )

Secondly, in most cases, charity fund has to be exchanged into a specific currency (other than virtual currency such as BTC or LR) to put into use. How to determine the exchange rate?

Thirdly, what should be the criterion to verify a charity not a scam?

Any suggestions? please help me.

inblockchain.com
1713898626
Hero Member
*
Offline Offline

Posts: 1713898626

View Profile Personal Message (Offline)

Ignore
1713898626
Reply with quote  #2

1713898626
Report to moderator
"Governments are good at cutting off the heads of a centrally controlled networks like Napster, but pure P2P networks like Gnutella and Tor seem to be holding their own." -- Satoshi
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1713898626
Hero Member
*
Offline Offline

Posts: 1713898626

View Profile Personal Message (Offline)

Ignore
1713898626
Reply with quote  #2

1713898626
Report to moderator
1713898626
Hero Member
*
Offline Offline

Posts: 1713898626

View Profile Personal Message (Offline)

Ignore
1713898626
Reply with quote  #2

1713898626
Report to moderator
1713898626
Hero Member
*
Offline Offline

Posts: 1713898626

View Profile Personal Message (Offline)

Ignore
1713898626
Reply with quote  #2

1713898626
Report to moderator
franky1
Legendary
*
Offline Offline

Activity: 4200
Merit: 4435



View Profile
April 22, 2013, 07:54:17 AM
 #2

first of all. get yourself registered as a charity with your government then people may start seeing you as legit.

second of all. get yourself registered as a charity with your government then people may start seeing you as legit.

thirdly. show exactly how the money will be used wisely EG having a photo gallary of you personally handing out bottles of water/food/clothing/blankets to those affected

fourthly. see the funds roll in as those, like me that do have a heart donate a lot when they see the money being used wisely. but big donators don't just throw money at every hand that comes begging, just because they ask for it.

the things i look for are:
1. for a long term charity : registration numbers
2. for short term disaster relief: plan of how the funds wil be converted to local currency, then how the local currency will be used. and preferably if its a local disaster relief. someone that actually lives in the area to be hands on in the project and not just a middle man taking a cut on the income.

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
lixiaolai (OP)
a friend of time
VIP
Full Member
*
Offline Offline

Activity: 169
Merit: 100



View Profile
April 22, 2013, 08:45:16 AM
 #3

first of all. get yourself registered as a charity with your government then people may start seeing you as legit.

second of all. get yourself registered as a charity with your government then people may start seeing you as legit.


The dilemma is that if you're in China, you can hardly get registered as a charity with the government.  Angry

inblockchain.com
Herodes
Hero Member
*****
Offline Offline

Activity: 868
Merit: 1000


View Profile
April 22, 2013, 09:17:07 AM
 #4

I think bitcoin is ideal for charity. But there're many predicaments.

First of all, how to prevent others modify bitcoin receiving address when reposting? (it happened when I called for "help lushan donation" https://bitcointalk.org/index.php?topic=181336.0 )

You could always GPG-sign the address. Also, you could redirect any givers to the official website, and not sending BTC to random adresses posted on forums and so on.
lixiaolai (OP)
a friend of time
VIP
Full Member
*
Offline Offline

Activity: 169
Merit: 100



View Profile
April 22, 2013, 09:23:08 AM
 #5

I think bitcoin is ideal for charity. But there're many predicaments.

First of all, how to prevent others modify bitcoin receiving address when reposting? (it happened when I called for "help lushan donation" https://bitcointalk.org/index.php?topic=181336.0 )

You could always GPG-sign the address. Also, you could redirect any givers to the official website, and not sending BTC to random adresses posted on forums and so on.

GPG-signed address! nice solution.

inblockchain.com
Herodes
Hero Member
*****
Offline Offline

Activity: 868
Merit: 1000


View Profile
April 22, 2013, 09:25:51 AM
 #6

I think bitcoin is ideal for charity. But there're many predicaments.

First of all, how to prevent others modify bitcoin receiving address when reposting? (it happened when I called for "help lushan donation" https://bitcointalk.org/index.php?topic=181336.0 )

You could always GPG-sign the address. Also, you could redirect any givers to the official website, and not sending BTC to random adresses posted on forums and so on.

GPG-signed address! nice solution.

Then any potential giver could verify it against a pubkey that is published on your webpage. If you get people to do that would be another battle though. But I would guess anybody caring enough about the charity would take steps to ensure the funds went to the right place.
goldlyre
Hero Member
*****
Offline Offline

Activity: 1101
Merit: 512


View Profile
April 22, 2013, 10:12:13 AM
 #7



If only he pastes an address...
lixiaolai (OP)
a friend of time
VIP
Full Member
*
Offline Offline

Activity: 169
Merit: 100



View Profile
April 23, 2013, 05:21:20 AM
 #8

it's a pity that he doesn't understand bitcoin...

inblockchain.com
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!