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Author Topic: Will you donate Bitcoin for the poor and needy?  (Read 3962 times)
jamesclark
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January 31, 2018, 06:33:17 AM
 #821

If Bitcoin rises a bit more, it would be quite a fascinating prospect to invest 1 bitcoin for the future of an under-served kid. Could really make a difference, especially if a charitable soul would be willing to spend a couple Bitcoins for a good cause.
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January 31, 2018, 09:26:34 AM
 #822

If Bitcoin rises a bit more, it would be quite a fascinating prospect to invest 1 bitcoin for the future of an under-served kid. Could really make a difference, especially if a charitable soul would be willing to spend a couple Bitcoins for a good cause.

It would. Though 1 whole btc quite challenging to achieve for most of us but if i do have as many btcs as some of these whales, i probably would set aside a good amount to at least pay forward for the blessings i got from bitcoin.

 
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arthur0808
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January 31, 2018, 09:28:58 AM
 #823

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
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January 31, 2018, 09:30:56 AM
 #824

Its very nice place for eran money so you join soon and enjoying your life make big money day by day so enjoy your easy life
bytomboy1234
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January 31, 2018, 09:41:01 AM
 #825

Someday ... I want to do such a thing. To do that, I have to earn more

Really appreciate your thoughts brother. We can help people in so many ways, even small things are really matters. I can say yes, my priority is my family but of course helping in need people is also our priority. Help people will all your heart even you are in need also, but always remember that those who share blessings, gets more of it. I will not use bitcoin to help poor people, they need food and I think its more convenient to do so.
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January 31, 2018, 09:50:09 AM
 #826

I think I will not donate bitcoin for the poor and needy but I will donate by another things. It will be more useful if I donate for the poor and needy in the form of clothes, food and drinks, medicine, or real money.
eyebags1994
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January 31, 2018, 10:41:19 AM
 #827

Yes I will because anytime I can create bitcoin again while the poor they don't know how to create and because they are poor possibly they don't go to school that's they don't have knowledge about bitcoin compared to me I know how to join bitcoin.
russella31
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January 31, 2018, 10:58:59 AM
 #828

If I have many bitcoins, I would definitely help the poor. I won't give then bitcoin but I can convert my bitcoin to cash and help them. Because poor people may not know about bitcoin. Although we can educate them, but it's easier to convert it to money.

Bitcoinbitcoin0909
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January 31, 2018, 11:00:02 AM
 #829

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.
No, I will not donate any amount of bitcoin in poor and needy people. It is not being selfish, I just have some idea to make it grow and can help more people than giving this on them. I think the best thing to do is to donate other things such as clothes, food, shelter and things they needed the most. And also those people will not be serious (they will not value it) if they have their own bitcoin.

piterpie
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January 31, 2018, 11:43:48 AM
 #830

I am poor and needy. Will you donate me 0.01 bitcoin. This post will be ignored.

It is easy to talk about donating but everyone want's to keep thing's for them self's.
Yes, it is true that no one will get you 0.01 Bitcoin because that money is not easy to find, you can see that many people have money in the wrong way, says the other side. Those who have money they do not give to anyone but just keep for themselves, very few donors in my country
SaiWAFU
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January 31, 2018, 12:18:23 PM
 #831

I would rather educate the people about the inherent technology of Bitcoin instead of giving them Bitcoin directly, they won't know how to use it anywhere, and Bitcoin simply can't buy him a cup of coffee. For charity, it is always better to just donate fiat currency for instant exchange of useful items.

Agree. Teach them how to fish than giving them fish. Teaching them how to earn from bitcoin would benefit them more than giving it to them.

If we're talking about homeless when we say needy/poor, how would they do transactions for them to purchase their basic needs if they don't have cellphone or any device to access the internet.

Yes there are a lot if companies now that accepts bitcoin as payments but fiat money is way more convenient or better yet give them food and clothing instead.
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January 31, 2018, 12:24:39 PM
 #832

Firstly, I doubt many truly poor people have the capacity to receive bitcoin, or the time and dedication requires to understand how it works. Furthermore, they likely wont have any place to spend it, as most stores that accept bitcoin are online only. If you really want to donate to the poor, give them the daily necessities they require, such as food, water, clothing and housing, if you can give them an opportunity for a job, that will do more for them than a few satoshi.

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pusa aso
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January 31, 2018, 12:31:11 PM
 #833

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.
yes i will donate for the poor and needy but not a bitcoin but it is a cash money came form my bitcoin,i can donate a bitcoin if they are aware of this but what i know is they do not know what bitcoin is,so i would rather be give them a groceries and a cash money.
jona
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January 31, 2018, 02:10:02 PM
 #834

When you receive free also give it out freely,if i have made a lot of huge profit from bitcoin,definitely i will donate to the  poor and the needy,this will give me an edge to teach them how to invest in bitcoin and Cryptocurrency as a whole.It will also give them the avenue to make wealth on their own and move on to finical freedom.
supermam
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January 31, 2018, 02:13:35 PM
 #835

Why not it's nice helping people who are poor and needy if you have more blessings than them why not extend a helping hand on them or put up an organization wherein children of poor families who wants to study but don't have money will be given a scholarship to attain their dreams
brengoskandel
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January 31, 2018, 03:16:26 PM
 #836

I agree with this, sharing with others in need
Because true as you say, life is short and only temporary, as long as we are able we must help others
and I feel comforted, reading people comments, "I'd better be richer first, to help others"
Since we do not know when we will die, we better breed to help everyone in need
yanesna3
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February 01, 2018, 08:57:49 AM
 #837

Someday ... I want to do such a thing. To do that, I have to earn more

Sharing your position and supporting you, I will also confess that right now I am not ready yet to donate Bitcoins to poor people. Yes, I am going to earn more and in this case I will do it. Waiting for Bitcoin rise impatiently.
Jessica2009
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February 01, 2018, 10:29:52 AM
 #838

   yes , sure I will donate for the poor and needy since a poor fellow may be an educated and knowledgeable person who is suffering too much to survive and trying to  reach both ends  meet together if there is any helping hand to lift him up that will be a great blessing for that person and the world that is we have to have  humanity in life.Life becomes successful not by becoming a millionaire but giving aids for the poor and needy also.

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Isaacck1
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February 01, 2018, 10:35:37 AM
 #839

Yes. Of course I would donate some of my bitcoins to the poor and needy through charitable foundations. I will only donate if and only if I know that it is a legitimate foundation. The reason for this is simple, I gained money pretty easy through bitcoin so why not those blessings to the poor. And if I knew I have more than enough money to spend why not?
JerryJam
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February 01, 2018, 10:45:29 AM
 #840

Charity in General is a good idea. Consider the question why people become poor and needy. I think because I do not know how to manage your money. The question is will they be able to efficiently use bitcoin. If I had enough bitcoins I could use these funds for the construction of a rehabilitation center for ivalidov or shelter for homeless animals.

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