The Largest $ Monetary TWEET in History Happened Yesterday with Cryptocurrency

[Pangia]

Please don't remove this to Meta or Alt-currency. This is not just about Dogecoin, but about CryptoCurrency in general.  This story demonstrates the sustainability and functionality of Cryptocurrency. It demonstrates a perfect example to the Bitcoin haters why cryptocurrency is the future of payments.

Yesterday someone sent approximately $11,000 via Twitter to Doges4Water, a fundraiser to build 2 wells in drought stricken Kenya.  That transfer cost the sender about $0.01 and occurred almost instantaneously because it was done with cryptocurrency.  How much would it have cost if that donor used their credit card, western union, SEPA, etc. and how how long would it have taken? This is a excellent example to the Bitcoin haters of how efficient cryptocurrency is.

 

$10,000 tweet puts Dogecoin fundraiser for clean water in Kenya over $30k goal
Posted: 16 March 2014

March 17, 2014 – NEW YORK A $10,000 tweet sent the Doge4Water fundraising campaign over its $30,000 goal and set a new standard for the impact of 140 characters. An anonymous Dogecoin philanthropist used twitter to tip 14 million Dogecoin, worth more than $11,000. The surprise tweet sent shockwaves through the Dogecoin reddit community, which had already made more than 4,000 donations totalling 26 million Dogecoin (equivalent to more than $20,000). The Doge4Water campaign benefits charity:water in celebration of World Water Day on March 22nd.


“This was one of the more inventive campaigns we’ve seen,” said Paul Young, Director of Digital for charity:water. “The Doge4Water campaign started with a tweet, harnessed the powerful Reddit community passionate about Dogecoin, and then hit its aggressive goal with a tweet that triggered a donation of Dogecoin worth over $10,000. 100% of the funds raised by the Dogecoin community, once converted into US dollars, will be used to bring clean water to people in need in Kenya through our local partner Action Against Hunger. We’re thankful for the support of the Shibes of the Dogecoin community… and all we can say is: WOW!”

The campaign was initiated by Eric Nakagawa, the co-founder of internet humor site ICanHasCheezburger and a member of the Dogecoin Foundation. Previous Dogecoin fundraisers have helped send the Jamaican bobsled team to the Sochi Olympics and funded service animals for children with disabilities.

“I’m really proud of the Dogecoin community for using the money they’ve made to change the lives of others instead of hoarding it,” said Dogecoin co-founder Jackson Palmer. “The first ever $10,000 tweet demonstrates the power of digital currency and social media to make the world a better place.”

About Charity Water

Diseases from unsafe water and lack of basic sanitation kill more people every year than all forms of violence, including war. Children are especially vulnerable, as their bodies aren’t strong enough to fight diarrhea, dysentery and other illnesses. charity:water is a non-profit organization bringing clean and safe drinking water to people in developing nations.

Find out more at: www.charitywater.org

About Dogecoin

Dogecoin is an online currency created as a light-hearted version of Bitcoin in December of 2013 by Jackson Palmer and Billy Markus. Much to their surprise the currency was quickly adopted by an incredibly passionate international community. Dogecoin is the second most popular online currency; only Bitcoin sees more transactions each day. Dogecoin is primarily used to buy and sell digital goods and to tip people on social media for the content they create. Tipping services like TipDoge on Twitter and Dogetipbot on Reddit allow social media users to seamlessly send digital cash to each other without fees or hassle.

Find out more at: dogecoin.com

[omahapoker]

dogs need all the help they can get. bravo to donater

[MPOE-PR]

Please don't remove this to Meta or Alt-currency. This is not just about Dogecoin, but about CryptoCurrency in general.  This story demonstrates the sustainability and functionality of Cryptocurrency. It demonstrates a perfect example to the Bitcoin haters why cryptocurrency is the future of payments.

Yesterday someone sent approximately $14,000 via Twitter to Doges4Water, a fundraiser to build 2 wells in drought stricken Kenya.  That transfer cost the sender about $0.01 and occurred almost instantaneously because it was done with cryptocurrency.  How much would it have cost if that donor used their credit card, western union, SEPA, etc. and how how long would it have taken? This is a excellent example to the Bitcoin haters of how efficient cryptocurrency is.

  http://www.dailydoge.org/2014/03/16/largest-twitter-dogecoin-tip-in-history/

So how is that nonsense bitcoin-related? Seriously, your scam is dead, move on.

[BitcoinQTlol]

they'll still have to convert it into cash > which will be a pain in the ass

hardly gonna cost 1 cent

doge is a scam

fk them

[Pangia]

dogs need all the help they can get. bravo to donater

This isn't about Dogecoin though. This is about crypotcurrency in general and its efficiency.

[Pangia]

Please don't remove this to Meta or Alt-currency. This is not just about Dogecoin, but about CryptoCurrency in general.  This story demonstrates the sustainability and functionality of Cryptocurrency. It demonstrates a perfect example to the Bitcoin haters why cryptocurrency is the future of payments.

Yesterday someone sent approximately $14,000 via Twitter to Doges4Water, a fundraiser to build 2 wells in drought stricken Kenya.  That transfer cost the sender about $0.01 and occurred almost instantaneously because it was done with cryptocurrency.  How much would it have cost if that donor used their credit card, western union, SEPA, etc. and how how long would it have taken? This is a excellent example to the Bitcoin haters of how efficient cryptocurrency is.

  http://www.dailydoge.org/2014/03/16/largest-twitter-dogecoin-tip-in-history/

So how is that nonsense bitcoin-related? Seriously, your scam is dead, move on.

Your vitriol blinds you to the issue here. This ISN'T about Dogecoin. Yes, yesterday's transaction involved Dogecoin, but the BIGGER picture, which your emotions make you blind to, is that this is about crypto in general. Because yesterday it was Dogecoin, but tomorrow it can be Bitcoin or any other crypto.  The point is: the speed and efficiency of cryptocurrency and the reduced cost of the transaction.

[Pangia]

they'll still have to convert it into cash > which will be a pain in the ass

hardly gonna cost 1 cent

doge is a scam

fk them

Why would conversion be a pain?  There are Doge/USD exchanges.

[Pangia]

they'll still have to convert it into cash > which will be a pain in the ass

hardly gonna cost 1 cent

doge is a scam

fk them

It's interesting to see that something good for ALL crypto is met with such hatred.

[The Doktor]

It's interesting to see that something good for ALL crypto is met with such hatred.

To some, ANYTHING related to DOGE is automatically evil. It's kinda like how a Klansman views a black man. 100% prejudice and 0% intelligence. Sadly the world of crypto is not entirely an enlightened one.


Ed

[Singlebyte]

Like mentioned earlier....this has nothing to do with "Bitcoin Discussion".

[El Dude]

Dogecoin is the biggest instamined scam coin , move this thread to the trashbin

[Pangia]

Like mentioned earlier....this has nothing to do with "Bitcoin Discussion".

I disagree. This is about cryptocurrency, NOT about Dogecoin. Please save your hatred.  Any crypto can be used to do a transaction like yesterday's. If the mainstream can understand that they don't need to pay bank fees for rapid transactions, Bitcoin would go to $10,000 overnight. It just takes something to get the attention of the masses and enlighten them as to the benefits of crypto/Bitcoin.

[Pangia]

Dogecoin is the biggest instamined scam coin , move this thread to the trashbin

Instamined?

[Singlebyte]

Like mentioned earlier....this has nothing to do with "Bitcoin Discussion".

I disagree. This is about cryptocurrency, NOT about Dogecoin. Please save your hatred.  Any crypto can be used to do a transaction like yesterday's. If the mainstream can understand that they don't need to pay bank fees for rapid transactions, Bitcoin would go to $10,000 overnight. It just takes something to get the attention of the masses and enlighten them as to the benefits of crypto/Bitcoin.

What!?  Nobody said I hated.  It just this is does not belong in this thread.  It is about an al currency and not Bitcoins.  Please move to appropriate section.

[Pangia]

Like mentioned earlier....this has nothing to do with "Bitcoin Discussion".

I disagree. This is about cryptocurrency, NOT about Dogecoin. Please save your hatred.  Any crypto can be used to do a transaction like yesterday's. If the mainstream can understand that they don't need to pay bank fees for rapid transactions, Bitcoin would go to $10,000 overnight. It just takes something to get the attention of the masses and enlighten them as to the benefits of crypto/Bitcoin.

What!?  Nobody said I hated.  It just this is does not belong in this thread.  It is about an al currency and not Bitcoins.  Please move to appropriate section.

Then you can't see the bigger picture with what occurred yesterday.

[El Dude]

Dogecoin is the biggest instamined scam coin , move this thread to the trashbin

Instamined?

Billions of coins were mined in the first few days , giving early miners huge rewards.

[Singlebyte]

Fine...we wait to see if it mod moves it then......

[johncabat]

Please don't remove this to Meta or Alt-currency. This is not just about Dogecoin, but about CryptoCurrency in general.  This story demonstrates the sustainability and functionality of Cryptocurrency. It demonstrates a perfect example to the Bitcoin haters why cryptocurrency is the future of payments.

Yesterday someone sent approximately $14,000 via Twitter to Doges4Water, a fundraiser to build 2 wells in drought stricken Kenya.  That transfer cost the sender about $0.01 and occurred almost instantaneously because it was done with cryptocurrency.

I'm sure of a bunch of crypto coin will be really useful to the poor thirsty people of Kenya.  Can they pop to the shops to buy bottled water in doge?  Or pay for well construction workers? Or filtration systems?  What will the REAL cost of that transfer be after exchange fees, SEPA fees and currency conversion?

[Pangia]

Dogecoin is the biggest instamined scam coin , move this thread to the trashbin

Instamined?

Billions of coins were mined in the first few days , giving early miners huge rewards.

It will have 100 billion and then additional billions each year. A billion or a few billion in the early days is nothing compared to what the total supply will be. I was mining the first few days and I can assure you that I have no huge advantage.  The Diff rate was below 100 for a very short time.  

Correct me if I'm wrong, but that's the case with EVERY alt-coin. Early adopters are rewarded for taking on the risk of utilizing their hardware and electricity to take a risk on the coin.  

Satoshi has about 1,000,000 Bitcoins out of 21 million (which won't happen until a long time from now).  Satoshi has about 5% of all Bitcoins that will come into existence and about 10% of all Bitcoins in existence now.  How does that measure up to your instamine comment?

[Pangia]

Please don't remove this to Meta or Alt-currency. This is not just about Dogecoin, but about CryptoCurrency in general.  This story demonstrates the sustainability and functionality of Cryptocurrency. It demonstrates a perfect example to the Bitcoin haters why cryptocurrency is the future of payments.

Yesterday someone sent approximately $14,000 via Twitter to Doges4Water, a fundraiser to build 2 wells in drought stricken Kenya.  That transfer cost the sender about $0.01 and occurred almost instantaneously because it was done with cryptocurrency.

I'm sure of a bunch of crypto coin will be really useful to the poor thirsty people of Kenya.  Can they pop to the shops to buy bottled water in doge?  Or pay for well construction workers? Or filtration systems?  What will the REAL cost of that transfer be after exchange fees, SEPA fees and currency conversion?

The coins will be converted to fiat and will pay to construct 2 wells in Kenya.

I think that your disdain for Dogecoin will prevent you from visiting the page below, but I placed it there in the event you'd actually like to find out the facts about the fundraiser.

http://doge4water.org/