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Author Topic: Charity Accepting Bitcoins?  (Read 2098 times)
supine
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May 15, 2018, 04:26:41 PM
 #221

If there is a charity accepting bitcoins do you prefer to give some of yours Huh

Me: I will if there is, but for now I don't have yet. Wink

EDITED:

Yeah it a hassle for now.

Another question: But what if there is fiat will be disappear in the future and crypto will conquered the world and all payment transactions will be on blockchain system?
So is this applicable right?



Why not? Crypto is a great way of transacting without any hassle and is more convenient because we could transact anytime. However, it is not just through crypto could we help but in so many ways as well. If we have more than enough to share, then helping is really one of a great option.
Lubang Bawah
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May 15, 2018, 04:39:56 PM
 #222

Usually donors do not like their identities known, I think this is an interesting idea because it makes bitcoin for charity, as we know that bitcoin transactions are very concise and anonymous to the likes of donors.



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Stephen1989
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May 15, 2018, 04:44:52 PM
 #223

Even there will be a charity that accepts bitcoin I'm not gonna help them out with crypto because we all know how risky cryptocurrencies is ofcourse it makes no sense to extend aid with crypto but rather I'm gonna exchange bitcoin to fiat then that's it and no more bragging about what you have done and it is whole heartedly you wanted to help then do it even with no use of crypto if you have extra money you can do it.
Jaydis
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May 15, 2018, 06:29:56 PM
 #224

If I have a chance to do it then i would willingly to donate it, I love to helping other even though i have not. there are so many people out there that need help especially in financial problem some of this don't have a chance to sleep in bed and go to school some of this don't eat 3x a day and some of this cant pay hospital bills for their medicine and if i have a chance to give them financial then i would willingly to donate some of mine we can help them not only on financial problem but we can also help in giving them guidance and prayers if we don't have totally.
bitgolden
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May 16, 2018, 05:06:38 AM
 #225

Though Bitcoin might not be all good to give as Charity to the needy or any charitable organization due to overlong confirmation on Blockchain/Exchanges that might delay the purpose for which its needed. However, I shall not hesitate to give out of my Bitcoin to Charity that needed them if there are ones that requested for it, so far I have enough of it whether at Bullish periods or at Bearish periods, since one good turn deserves another and what goes around comes around, any little help could save a lot.
Now, I do not foresee a future where Bitcoin can replace Fiat in its entirety, they shall be operating simultaneously where their uses are required because Fiat to me can never be withered but might be averagely used unlike when it dominates since it is the medium both the literates and the illiterates who can never be on line sophisticatedly understands for their exchange of goods and services.
There are large charities that are open for Bitcoin fund raisings and this is a very unique and benefited decision ever made. Those charities which are accepting Bitcoin fund raising are now in a very good position because a lot of people have been millionaire and billionaire with the Bitcoin and the donation is very easy for them that make the charities that are using for the benefit of our societies and all over the world.


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nazaididuan1
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May 16, 2018, 06:44:48 AM
 #226

Because of regulatory issues charities are often abused!

Through the block chain technology, it is easy to query the flow of encrypted money!

If more charities accept digital money, they will give donors higher levels of transparency and certainty.

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bowals
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May 16, 2018, 07:50:47 AM
 #227

Bitcoin has "bad publicity" now, give it some time and charities would accept them. Afterall, they run on "money donations", they wouldnt care the source. lets clear the air of bad publicity first.
mintevacuateY
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May 16, 2018, 01:01:15 PM
 #228

Till they have their own interest in it, they will accept it because they don't have any connection with the btcs otherwise.
kamilah147
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May 16, 2018, 02:06:42 PM
 #229

Usually donors do not like their identities known, I think this is an interesting idea because it makes bitcoin for charity, as we know that bitcoin transactions are very concise and anonymous to the likes of donors.
as you say, it is true that every person who does the deed must have many secrets, because everyone also has a different nature, sometimes it is only private and sometimes there is no private

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HeavenIneed
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May 16, 2018, 02:43:56 PM
 #230

Is it even true? I haven't heard such kind news still now. Can you give me some kinds of link proof?
brengoskandel
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May 16, 2018, 02:49:14 PM
 #231

Yesterday while in some cities in the country where I live experienced natural disasters, some bitcoin communities in my country raise funds to help alleviate the burden of friends in the affected city and can use bitcoin or altcoin, but if you really want to charity I think there is no difficulty for it.
Janation
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May 16, 2018, 02:54:20 PM
 #232

Is it even true? I haven't heard such kind news still now. Can you give me some kinds of link proof?

The OP is not really saying that there are charities that accepts Bitcoin, the OP is stating that if there are some charities that accepts Bitcoin, he or she will be donating some to them but the problem is that he or don't have that Bitcoins to donate now. Donating using Bitcoin may be great especially if you want to help other people or a group of people without getting any recognition to it, that is the real good Samaritan there.
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May 16, 2018, 02:57:49 PM
 #233

The charity are accepting anything. They are not subjected  of what they recieve and even bitcoin is accepted if they know about bitcoin. That's not possible if time comes that bitcoin will be famous and even a charity will use and join it for some benifits and also a hassle free for those who wants to help and give sa money through bitcoin.
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May 16, 2018, 03:38:03 PM
 #234

The charity are accepting anything. They are not subjected  of what they recieve and even bitcoin is accepted if they know about bitcoin. That's not possible if time comes that bitcoin will be famous and even a charity will use and join it for some benifits and also a hassle free for those who wants to help and give sa money through bitcoin.

Before you sell bitcoin and donate the after-tax proceeds, consider donating your bitcoin directly to charity. This model includes two significant benefits, both for you and the charity:Your tax deduction will be equal to the fair market value of the donated bitcoin and your gift to charity will be larger because instead of paying capital gains taxes, the 501(c)(3) charity will receive the full value of your contribution.
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May 16, 2018, 03:48:26 PM
 #235

If I’d be at least a millionaire with trading cryptocurrencies, yes without a doubt I would donate a fraction of my bitcoin to the charity of my choice. If its for the good then why not right?

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May 16, 2018, 04:11:41 PM
 #236

Indeed, even there will be a philanthropy that acknowledges bitcoin I'm not going to enable them to out with crypto on the grounds that we as a whole know how dangerous digital currencies is ofcourse it looks bad to broaden help with crypto but instead I'm going to trade bitcoin to fiat at that point that is it and no all the more boasting about what you have done and it is entire heartedly you needed to enable at that point to do it even with no utilization of crypto in the event that you have additional cash you can do it.
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May 16, 2018, 04:12:14 PM
 #237

Bitcoin and charity is a very good news to everyone, I know people are arguing and insisting
that cryptocurrency are no suitable for charity, since prices are volatile and ever changing.
Value clearly depends on market conditions. But as I recall charity accepts anything that
can help the cause, regardless of form and price. I believe Charity Organizations that can
diversify and adapt to modern trends are the future. By implementing and accepting
cryptocurrencies they've just earn a favorable option to further fund their cause.



I think the charitable have such a way that everyone has only positive emotions of action, and when you donate 10 cents, and spend 10 dolars, the crime. bitcoin not coins are suitable for charity, it's more like a steal. a Commission a very big to transfer, how long you have tried to get rid of 10 cents in bitcoin?
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May 16, 2018, 05:01:36 PM
 #238

Generally charity funded by the people. So there can be deposit any kind of money.If anyone who use btc,want to donate some money.It will reduce poverty from country and it will maintain it's activity.So btc can accept this.

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May 16, 2018, 05:09:01 PM
 #239

There are, for example, can help traders who went bankrupt when speculating with bitcoins.
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May 16, 2018, 05:09:44 PM
 #240

Well it depends on the amount of bitcoin am holding at the time of the charity visit but most importantly if the charity organization are collecting bitcoin as a way of investment I will support the organization by donating some bitcoin since it going to yield profit that will further help settle the bills of the charity home.
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