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Author Topic: Will you donate Bitcoin for the poor and needy?  (Read 3953 times)
Hypnosis00
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December 25, 2017, 12:53:28 PM
 #121

I will surely donate my bitcoin for the poor and those people who are needy because i am not a selfish kind of person and i want to share my blessings to the other people who are poor and can't afford a good life so even though in a very simple and smallest way i can do, i can help them to feel happy and blessed like me.

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December 25, 2017, 01:07:52 PM
 #122

The point is to keep a bitcoin separately for donation to the poor. Donating a bitcoin directly will make sense if the receiver is aware of the functioning of bitcoin and Cryptocurrency. A poor and / or needy man can be sometimes an educated man or a knowledgeable man who is struggling to meet his ends. Bitcoin can otherwise be encashed and given to the poor.

It is always better to think big. I would rather create a trust or try to invest in healthcare or education of a poor child. All quick helps will not last long. Educating one child by spending a $25000 or more will reap great benefits to the society in comparison with feeding a whole lot of people once with the same money. Though it is not bad to feed but it is better to invest in a system that more than once continually feeds.

Yes I will donate Bitcoin to the poor and needy the way I feel is best useful for them. One percentage of the income can always be set aside for donation. After all, life is short and it is best to help as much as we can.



Well, in my case, i will cash out some of my Bitcoins and i will donate it to the poor and needed. Well, if you donate bitcoins, what if they have no gadgets and they have no idea about it? Then they will not received the money. Much better if i will convert my bitcoins first into money. But for those who are in need and have their bitcoin wallets, i will donate bitcoins of course. Bitcoin can transfer money from wallet to wallet in just few clicks and few minutes. I assure you that my idea is helpful for those who are in need and poor people.
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December 25, 2017, 01:21:11 PM
 #123

Firstly, I wanna share my blessings to poor. I like to help so I want to donate to the poor and needy persons.But in current situation, my position is not so good.I trust that after few years I can gather much money not only for me but also needy people. To sell coins,if my money become higher, I'll absolutely donate.

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December 25, 2017, 01:31:29 PM
 #124

Donating some bitcoins to poor people is a great idea because it can help people in need, but it's better to donate the money that has been cashed out so that it can immediately receive the money and wear it...

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December 25, 2017, 01:33:00 PM
 #125

An interesting idea in my opinion. but is there an organization that embodies this idea. what I'm worried about is the dishonest organization that handles it. and is not it better and more effective if we donate it directly. maybe that's what i'll do.
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December 25, 2017, 01:39:11 PM
 #126

To be honest, I really do not worry about this, and my concern is that most of the poor are unfamiliar with bitcoin and various altcoin and will refuse such donations.

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December 25, 2017, 01:39:56 PM
 #127

There is no point in donating with Bitcoin, not yet. A lot of charities are probably not aware of Bitcoin existence. Even if they knew how to use Bitcoin, they would probably sell it in order to get fiat for their expenses. I will consider donating in Bitcoin after it becomes more popular and wide-accepted. I know it is a matter of time so that is why I decided to hold my bitcoins no matter what happens. I would advise anyone to do the same.

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December 25, 2017, 05:58:54 PM
 #128

Donating cryptocurrency is basically the same as giving out fiat money - the only difference is that if you hold these coins it could be worth more in the future.
Other than that it is exactly the same - additionally, if you pick some organised charity funds which are accepting BTC directly - your coins will be exchanged to fiat instantly.
Personally, I am not keen on giving out money - I have no idea how certain organisation will manage the funds and how much money will actually reach the people in need.
I would rather personally pick some poor people and give them some money - or even better bought some physical goods for them.


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December 25, 2017, 06:09:06 PM
 #129

according to me its not a bad idea to donate BTC as a charity for poor because its rate increasing day by day and they can use it as a asset because its rate is not fixed.. so they can use it as well as save it for future..
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December 25, 2017, 06:09:51 PM
 #130

Donating Bitcoin to the needy is not a bad idea,ensure there is a way they can access the BTC or you give them fiat correspondent to the fiat
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December 25, 2017, 06:10:31 PM
 #131

Donating cryptocurrency is basically the same as giving out fiat money - the only difference is that if you hold these coins it could be worth more in the future.
Other than that it is exactly the same - additionally, if you pick some organised charity funds which are accepting BTC directly - your coins will be exchanged to fiat instantly.
Personally, I am not keen on giving out money - I have no idea how certain organisation will manage the funds and how much money will actually reach the people in need.
I would rather personally pick some poor people and give them some money - or even better bought some physical goods for them.

No matter the intermediate of excahnge, helping them out is vital nowadays. If I have enough wealth, I promise I'll help poor and needy people because they're also our world and there is no difference between us.
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December 25, 2017, 06:11:34 PM
 #132

I will surely donate my bitcoin for the poor and those people who are needy because i am not a selfish kind of person and i want to share my blessings to the other people who are poor and can't afford a good life so even though in a very simple and smallest way i can do, i can help them to feel happy and blessed like me.
No i never doante my bitcoin for poor but in needy yes, because if i donate my bitcoin in poor how can i sure they know bitcoin maybe i will give them cash instead of bitcoin. And for those someone who need help my i will give them also a cash because even bitcoin is higher value its better for me if i gave them cash because when they truly need it, it easy for them to use.

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December 25, 2017, 06:14:09 PM
 #133

Average reaction to poor people.


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December 25, 2017, 06:21:37 PM
 #134

sure manifests compassion, wisdom, charity, devotion, and so forth will be saved, because in all these movements of the soul and heart exist a part from the bitcoin's heart.
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December 25, 2017, 06:23:13 PM
 #135

Yes! I'll share my bitcoins to poor and needy also might share it with the charity. I like helping people in need. Even I got nothing in return. But the love I feel whenever i help them.
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December 25, 2017, 06:25:59 PM
 #136

I am not sharing my BTC to poor or any other people, but I always hare some of my earnings for that purposes
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December 25, 2017, 09:49:22 PM
 #137

maybe someday i will donate my bitcoin to the poor and needy, i think id we donate as bitcoin its useless for them i think the best way is withdraw our bitcoin into a money cash and donate it tho poor, homeless people, and needy people that need that money than me
Not only me but also my friends we are donating bitcoin to different organization who are working on human rights and some of them are going to help to poor countries because there are a lot of countries who don’t have a food to eat not clean water for drinking and in some countries kids are not going to school so we need to donate bitcoin as much as we can in order to we help to our brothers who are waiting for our donations.
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December 25, 2017, 09:57:33 PM
 #138

I ask all my friends here in my country they say that don't trust their money or cryptomoney to nobody and prefer gift money with cash or only with who they can trust!
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December 25, 2017, 10:25:41 PM
 #139

The point is to keep a bitcoin separately for donation to the poor. Donating a bitcoin directly will make sense if the receiver is aware of the functioning of bitcoin and Cryptocurrency. A poor and / or needy man can be sometimes an educated man or a knowledgeable man who is struggling to meet his ends. Bitcoin can otherwise be encashed and given to the poor.

It is always better to think big. I would rather create a trust or try to invest in healthcare or education of a poor child. All quick helps will not last long. Educating one child by spending a $25000 or more will reap great benefits to the society in comparison with feeding a whole lot of people once with the same money. Though it is not bad to feed but it is better to invest in a system that more than once continually feeds.

Yes I will donate Bitcoin to the poor and needy the way I feel is best useful for them. One percentage of the income can always be set aside for donation. After all, life is short and it is best to help as much as we can.

Not here in my country. Since it is hard here to have a stable internet connection, people also mistook cryptocurrency to pyramiding schemes. It will only cause issues here if anyone heard that you giving away bitcoin because people are like that. They won't look at your intention but will judge with your means.
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December 25, 2017, 11:23:48 PM
 #140

of course, I will donate it...but in cash because many poor people do not know about bitcoin so he can not use bitcoin
so if we give him cash, he will definitely prefer cash
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