Crypto currency in a charitable environment

[kcryptoinvest]

https://fs.bitcoinmagazine.com/img/images/GiveCrypto.original.jpg

Nowadays the main problem around the world that when you want to put some money in charity - you don't know for sure where your money will go.There are a lot of SCAM organizations that use your money wherever they need to. This is ridiculous.
A lot of people speak about cryptocurrency from financial side but I there is not so many information about using it in charity.

I found only few not bad links in google:

https://www.cafonline.org/about-us/caf-campaigns/campaigning-for-a-giving-world/future-good/blockchain

http://donationcoin.org/


I think is the perfect idea to create something that can help millions of people in the future.

What are you think about this idea ?

[Bantam19]

Don't think like that. Cryptocurrency will recover the loss very sort time. Cryptocurrency has a huge potential in the field of economy. So, we have to wait for its better position. Time will be the best solution for gaining profit from cryptocurrency In hope.

[Qaimmadug]

Although the cryotocurrency market condition is not good but I am not hopless yet. I am just waiting for the right time. Be paitient and wait for good time.

[elosi]

Charity is very good, but i wonder what these people want to achieve with their coin and wonder if such project really needs a blockchain? I will look more into their white paper to have more understanding  

[LuckyHarriet]

Cryptocurrency prices will not always be same. When the crypto currency market started, it was very small and gradually increased its value. But there will be no reason for being charitabe industries I hope.

[shollyen]

I love charity, charity is a very good thing (idea)... For me personally I don't think it's not all of these ideas that needs blockchain to strive ,particularly this project ... Well the cryptocurrency situation in market is not so good now, am still hopeful things will still get better.....

[GoldenShark]

as par the updates this days people get a crazy on charity which is very good move to reduce provarty and helping the poor but I am not sure how wise the decision is to give your money instead of knowing where it is actually going

[CorneliaMarket]

yes charity is a very good idea to provide help to those who needs them but I don't think this still available on the cryptocurrency market but hopefully if the investors demands then very soon the authority will think about this

[Tory-Tory]

I think that the blockchain will help charity due to its openness. But there is a problem of conscientiousness, it is unclear whether a product will be created and implemented that will allow full-fledged work with donations.

[pinkiu1080]

It is a good view about Crypto. You can build a ICO project to develop this idea.

[Osakrita]

Cryptocurrencies is already used to support  many charity causes, I think it is even accepted by the UNICEF and similar agencies to send reliefs to those in need of it. It roast to make such donations, no need for banks intermediaries.

[Ria Sakurai]

Blockchain help donations published and no fraud. There is several charity  projects but charity  is only the extra subject. I hope to see a new project which only focus on charity.

[vlad230]

There still are a few projects based on this idea.

I think it's not a bad idea to have anything charity related in this world but I'm not sure if this will necessarily work for charities.

Some points against it would be high volatility and the possibility of some individuals to use for scamming.

[FlamingFingers]

This has been discussed before. The potentials of cryptocurrencies being used in charity are great. Just imagine a charity party/T.V. show using cryptocurrencies as a means to raise funds for a cause—no 3-5 days waiting time for funds to be delivered, no need for banks, no need for middle man, no cut or insane fees (all the money raised will be used for the cause), directly from the donator to the charity organisation. They can even use a cryptocuurency payment processor like bitcoin's BitPay to instantly exchange the amount of bitcoins to cash. However, I doubt anyone would do that as they are only focusing on cryptocurrencies, the bad.

As a matter of fact, this very signature I am wearing is aiming to help raising funds for good causes—youth, children, women, environment, food, water, education and many others. It is a step in the right direction for cryptocurrencies potential influence and impact on social life.

[toygama]

This has been discussed before. The potentials of cryptocurrencies being used in charity are great. Just imagine a charity party/T.V. show using cryptocurrencies as a means to raise funds for a cause—no 3-5 days waiting time for funds to be delivered, no need for banks, no need for middle man, no cut or insane fees (all the money raised will be used for the cause), directly from the donator to the charity organisation. They can even use a cryptocuurency payment processor like bitcoin's BitPay to instantly exchange the amount of bitcoins to cash. However, I doubt anyone would do that as they are only focusing on cryptocurrencies, the bad.

As a matter of fact, this very signature I am wearing is aiming to help raising funds for good causes—youth, children, women, environment, food, water, education and many others. It is a step in the right direction for cryptocurrencies potential influence and impact on social life.

That's a good project introducing cryptocurrency as a charitable institution, it's make another good output of this community known to help in other outside from its main objectives as decentralized seytem.

[BTCPair1000]

All the organizations that are making money from the society have some responsibility toward society also. And crypto market should recognize this matter and start donating coins through websites like CAF and donationcoin which are very much secure for coin donations.

[GhostAltCoin]

Crypto marketers should start some corporate social responsibility (CSR) in the field of donation for a positive name of crypto market. There are many donation sites like CAF and donation coin which are secure for donate coins and help the needy people.

[LuckyHarriet]

In this modern world, one term is particularly associated with every organization “CSR” and the full form it is corporate social responsibility. If crypto market wants to make a positive name in the market then it should start donating coins like bitcoin for donations. But the donation must be in the accurate place.

[Beimere]

You are right, we have no idea where our money will go. But with the passage of time and increasing awareness among the investors, the amount of scams will surely decrease a lot. I have heard about donation coin a lot and I think they are the most legit crypto for donation. Also before donating we should check the team working behind the project.

[CryptoSimmonds]

I have been looking for charity sites or pages where I can make donation with cryptos but sadly I could not trust any of them after seeing the recent scams in the crypto industry. However, recently I invested in SET which was a good project focused on saving the earth. If there comes a charity project in the future I would definitely love to participate in that.