philipmicklon (OP)
|
|
March 02, 2014, 05:40:06 AM |
|
I'm working with some large (billion $+) charities trying to get them to accept bitcoin. As an incentive, I'm starting donation funds that they will receive once they start accepting bitcoin.
As you can see, I'm new here. So I need HIGHLY trustworthy members of this community to hold keys for the multi-sig address. Any volunteers? Any nominations?
|
|
|
|
|
|
|
|
|
You get merit points when someone likes your post enough to give you some. And for every 2 merit points you receive, you can send 1 merit point to someone else!
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
waxwing
|
|
March 02, 2014, 10:48:28 AM |
|
A shame to see no answers. I think this is a good idea. Perhaps ask in #bitcoin or #bitcoin-otc? Although I hate to make such suggestions, I am not that familiar with who is trustworthy. Perhaps ask some of the core devs for advice?
Although some opinions offered here would be good.
|
PGP fingerprint 2B6FC204D9BF332D062B 461A141001A1AF77F20B (use email to contact)
|
|
|
r0ach
Legendary
Offline
Activity: 1260
Merit: 1000
|
|
March 02, 2014, 03:37:48 PM |
|
Lots of people probably scared to get involved with something like that since many rich people use charities as a way to hide and launder money. I think Kanye West even runs one where his charity foundation paid out 0 dollars to charity and kept everything. At least that's what the news story said. I really have no idea how that's legal.
|
|
|
|
bennybong
|
|
March 02, 2014, 03:59:28 PM |
|
Why not hold the keys yourself? I will volunteer myself, Otherwise look out for the Hero members on here. Majority of them will be able to help you.
|
|
|
|
augustocroppo
VIP
Hero Member
Offline
Activity: 756
Merit: 503
|
|
March 02, 2014, 05:00:14 PM |
|
I am the person you are looking for. Please, PM for more details.
|
|
|
|
Coinster
|
|
March 02, 2014, 05:35:46 PM |
|
We are creating a service to provide what you're looking for. To support our ebay like marketplace (in development) we'll use escrow service providers, since we won't hold coins ourselves. The idea is to create an escrow marketplace where trustworthy community members can provide escrow (ideally using multi-signature addresses). Since it's a marketplace fees should be driven lower naturally by competition.
In the meantime, though, you might hook up with other organizations in this space. The two largest I know of are bitcoin100.org and bitgivefoundation.org. Bitcoin100.org has a similar model to yours, raising bitcoins to convince charities to accept them.
|
|
|
|
philipmicklon (OP)
|
|
March 02, 2014, 06:50:30 PM |
|
I am the person you are looking for. Please, PM for more details.
Thank you, Augusto, PMed you for your public keys. Why not hold the keys yourself?
I'd prefer multi-sig so people know I can't 'run off' with the money. I'm fairly new on the forum. I will volunteer myself, Otherwise look out for the Hero members on here. Majority of them will be able to help you.
Thank you for volunteering Can you PM me 10 public keys (or post them in this thread)? Bitcoin100.org has a similar model to yours, raising bitcoins to convince charities to accept them. Thanks for sharing. Looks like their model is very similar. However, I'm going right to the top and working with the 50 largest charities from this list http://www.forbes.com/top-charities/
|
|
|
|
Lauda
Legendary
Offline
Activity: 2674
Merit: 2965
Terminated.
|
|
March 02, 2014, 07:21:59 PM |
|
I could help, that is if you're willing to trust me. PM for more info.
|
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion)
|
|
|
philipmicklon (OP)
|
|
March 02, 2014, 07:35:12 PM |
|
I could help, that is if you're willing to trust me. PM for more info.
Thanks. PMed you. Now I'm just waiting to get public keys back from those that volunteered so I can generate the multi-sig addresses using http://coinb.in/multisig/
|
|
|
|
Phinnaeus Gage
Legendary
Offline
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
|
|
March 02, 2014, 09:14:30 PM |
|
Thank you, philipmicklon, for recently sending me a PM, bringing this to my attention. Sadly, I will not be participating. My decision was not based on anything gleaned from the internet, for I seriously didn't do an iota of a Googling, hence not now wanting to influence anybody else that may embrace your endeavor.
~Bruno Kucinskas
|
|
|
|
philipmicklon (OP)
|
|
March 02, 2014, 09:25:59 PM |
|
Thank you, philipmicklon, for recently sending me a PM, bringing this to my attention. Sadly, I will not be participating. My decision was not based on anything gleaned from the internet, for I seriously didn't do an iota of a Googling, hence not now wanting to influence anybody else that may embrace your endeavor.
~Bruno Kucinskas
Phinnaeus, I just saw bitcoin100.org for the first time today. This is very close to what I'm trying to do. I see its in your signature. Are you the admin of bitcoin100.org? If bitcoin100.com could do something like this (setup multi-sig addresses for each of the 50 largest charities) then I wouldn't need to. By the way, Kudos to you for bitcoin100.org! Charities are the quickest way I see of increasing BTC adoption and awareness.
|
|
|
|
bg002h
Donator
Legendary
Offline
Activity: 1463
Merit: 1047
I outlived my lifetime membership:)
|
|
March 02, 2014, 09:49:48 PM |
|
OP you might give http://bitgivefoundation.org a look too. I like your multisig idea.
|
|
|
|
philipmicklon (OP)
|
|
March 02, 2014, 10:18:31 PM |
|
Thanks for sharing bg002h. I'm really excited about how bitcoin could transform giving. Are you involved with bitgive? Also, you're a longstanding member since 2010. Are you willing to be one of the signers for these multi-sig addresses?
|
|
|
|
Lauda
Legendary
Offline
Activity: 2674
Merit: 2965
Terminated.
|
|
March 03, 2014, 12:15:55 AM |
|
More members should participate. Show everyone that the community is active (if it is).
|
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion)
|
|
|
philipmicklon (OP)
|
|
March 03, 2014, 12:21:21 AM |
|
Ok, our first multi-sig address is created A big thank-you to Augusto Croppo and LaudaM for being signers on this key. Its a 3-signature key with 2 signatures being required to release the funds. I picked "Food for the Poor" from Forbe's list of the largest 50 charities. The Multi-Sig key is: 375DZDd18AifM2yJxqdEM7B3rZz7VQvv2s Funds sent to this address will be released to Food for the Poor when they agree to accept bitcoin donations and post a bitcoin address on their website http://www.foodforthepoor.org/I started the donations off by sending $5 of my own money to this address!
|
|
|
|
|
augustocroppo
VIP
Hero Member
Offline
Activity: 756
Merit: 503
|
|
March 04, 2014, 01:33:03 PM |
|
I verified the script @ http://coinb.in/multisig/The script just need 2 signatures from 3 public keys. I must say that I am not satisfied with that. If my signature is an option than I cannot support your effort. Therefore I cannot vouch for you until my signature is fully required.
|
|
|
|
|