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Author Topic: Unicef now accepting donations through bitcoin and ether  (Read 413 times)
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October 10, 2019, 07:19:53 AM
 #21

Use of cryptocurrencies allows children’s agency to bypass fees of moving cash overseas quickly and increase financial transparency.

Read more about it by clicking here.




Wow, i wasn't expecting this to happen anytime sooner, its really a big good news for crypto, who says crypto won't reach milestone in coming years? they need to rethink because every thing is just getting better with crypto, this is HUGE

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October 10, 2019, 07:42:00 AM
 #22

Use of cryptocurrencies allows children’s agency to bypass fees of moving cash overseas quickly and increase financial transparency.

Read more about it by clicking here.





Unicef is now expanding their options on where to receive their donations and this move is another acceptance of crypto currencies which is a good.

This big organization that is compose of United nations that is base on New York, United State will surely influence the other organization to move forward by starting to accept crypto currencies also. Unicef move is very wise also as they outsmart the banks fees.

I read this news last day and I was awed because an International Organization is jumping on on cryptocurrencies. Another plus for bitcoin and this move is good to community. Really, adaption is happening right in our front, considering this is large organization. It means that they trust  bitcoin, as another option for donations.

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October 10, 2019, 07:58:26 AM
 #23

Pretty exciting news, probably one of the biggest charities in the world accepting crypto-currencies is definetly a big deal, over the past couple years we've started to see a lot of them come up.

How are they accepting BTC though? Is via a BTC payment processor that automatically turns it into USD, or do they have wallets and stuff set up and they are actually going to hold some crypto-currencies themselves?

Smiley
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October 10, 2019, 08:00:01 AM
 #24

This is a great news for the beneficiaries of UNICEF and crypto enthusiasts like us. If you will analyze, it is a win-win situation for all of us because poor chidlrens can now get more donations since the organization handling them have now wider accessibility from donators engaging with cryptocurrency and our cypto community is growing at the same time because this is considered as an adoption.

However if you are only a small holder and the amount you can offer is too small for the usual donations given to UNICEF then don't stop. That's okay, you can continue helping even in your own simple ways. Convert your crypto, buy food and other necessities then give to the needies in your area. That already means a lot Smiley.



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October 10, 2019, 08:07:19 AM
 #25

Use of cryptocurrencies allows children’s agency to bypass fees of moving cash overseas quickly and increase financial transparency.

Read more about it by clicking here.
This has been discussed in a thread here in the forum. It's great to hear such news because it breaks the limitations for donations and would encourage more to donate to UNICEF. It would also promote cryptocurrencies and would raise the trust of people towards crypto since established institutions already had initiated the move to use them. Soon, more and more institutions would consider bitcoin and others that would further improve the technology and the market as well.



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October 10, 2019, 09:03:05 AM
 #26

The fact that Unicef, American Red Cross and the UN World Food Programme accept bitcoin and other crypto as donations is a huge step, 'cause they are world known organisations. For aid organisations, cryptocurrencies make tracking donations easier, and have the potential to allow donors to see how their money is used. I am sure it will increase the amount if donations.
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October 10, 2019, 09:21:03 AM
 #27

Use of cryptocurrencies allows children’s agency to bypass fees of moving cash overseas quickly and increase financial transparency.

Read more about it by clicking here.

Amazing move by UNICEF! I see more and more giant organisations and companies starting to accept cryptocurrencies which brings a lot of awareness and increase adoption like crazy. Think of all the people with stacks of Bitcoins and Ethers. Of course they want to help people in need( not all of them obviously), and what other way to pave their way then to open a gateway for Bitcoin and Ethereum - the two most popular cryptocurrencies?

BIG THUMBS UP FOR UNICEF!  Cool
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October 10, 2019, 10:01:25 AM
 #28

Use of cryptocurrencies allows children’s agency to bypass fees of moving cash overseas quickly and increase financial transparency.

Read more about it by clicking here.


Quote
We see this as a piece of learning that we need to go through to prepare for the next decade,
I like it when Christopher Fabian, principal adviser at Unicef Innovation says this, he sees the great potential of the  Cryptocurrency for future donation and they are preparing for it, so in the next few years, we'll see branches of United Nations embracing Cryptocurrency for funding, and so with this Crypto has come along away.
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October 10, 2019, 10:18:06 AM
 #29

This is indeed a great news. A Government related charity is a good addition for the ever expanding Bitcoin adoption.
Even the charities from the NGO's around the globe starts accepting Cryptocurrency as donations.

One of the best feature about this, is the convenience to directly donate with just one click and the transaction will directly sent to the blockchain, without the hassle of contacting/visiting your bank just to make a donation.

R


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October 10, 2019, 12:39:24 PM
 #30

This one is a good news. Unicef aims to help children and now bitcoin and cryptocurrency are becoming a part of it. A lot of bad image were given to bitcoin for years because of illegal activities but this is one of the ways to help restore its image to the public that bitcoin isn't a bad thing. We can also do good with crypto.

I've read the link and I really liked what Fabian said “We see this as a piece of learning that we need to go through to prepare for the next decade,”.
Which is really true, we need to learn it to see the importance and its use that can be really helpful in the future.

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October 10, 2019, 12:48:51 PM
 #31

This one is a good news. Unicef aims to help children and now bitcoin and cryptocurrency are becoming a part of it. A lot of bad image were given to bitcoin for years because of illegal activities but this is one of the ways to help restore its image to the public that bitcoin isn't a bad thing. We can also do good with crypto.

I've read the link and I really liked what Fabian said “We see this as a piece of learning that we need to go through to prepare for the next decade,”.
Which is really true, we need to learn it to see the importance and its use that can be really helpful in the future.


It took a long time for them to accept bitcoin and ether. Using bitcoin in good or bad ways, there is nothing we can do because it is decentralized. These organizations like the UNICEF are always raising funds in any forms and in any ways. Bitcoin used by bad people doesn't mean that it is a bad currency too. Bitcoin's nature is just different. Fiat money are also being used by criminals either. Maybe UNICEF should also accept the other crypto currencies too.


 
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October 10, 2019, 12:59:48 PM
 #32

Nice when Unicef the foundation for children world want to accept bitcoin as donation, bring positive effect for bitcoin because not only as investment but also bitcoin could be charity for many children need our help, many children now need our help and using bitcoin is one way how to help children with Unicef foundation.

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October 10, 2019, 01:10:10 PM
 #33

Use of cryptocurrencies allows children’s agency to bypass fees of moving cash overseas quickly and increase financial transparency.

Read more about it by clicking here.




Unicef is one of the prominent and major organizational body in the world and if they are accepting donations in btc and ETH it is great initiave started by them.Crypto can be used for the help of needy ones by sending funds to UNICEF over the secured network with less transaction fees.But i wonder how many people will be willing to donate through such modes as the rules are strict regarding these crypto transfers.
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October 10, 2019, 01:19:42 PM
 #34

It's about time that big non-profit organizations and humanitarian causes accept bitcoin and other cryptocurrencies for fast acceptance of funds and of course, to avoid loads of checks before one could even donate to them. I just hope that partner entities of UNICEF, especially the services and stores that they get their goods from do accept cryptocurrencies too for fast liquidation of the funds and turning it into the necessities needed by those they are helping. It might be far-fetched but we're getting there, slowly.

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October 10, 2019, 04:13:40 PM
 #35

Utilizing existing facilities might be a good thing. The number of bitcoin users is increasing day by day and with this those behind crypto can more accurately donate their assets to the agency.
With crypto, donations can be sent directly to their wallets without intermediaries from other institutions. That in my opinion is pretty good. Right on target and easy for them.

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October 10, 2019, 04:49:41 PM
 #36

That's really good to hear because UNICEF is a very well-known organization all over the world and that a very big help to bitcoin as well to be advertised throughout the world so that many people will recognize it and get interested to invest and get rich with bitcoin. There will be on the next step of this organization in the future and adopt bitcoin. Good job to UNICEF and I hope related to this institution will become a bitcoin adoption too.

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October 10, 2019, 06:10:57 PM
 #37

This is such refreshing good news! If more famous and respectable organizations like them adhere to crypto, the adoption rates will grow faster.
We are slowly but steadily going to a world where cryptocurrencies are the norm form of payment and trade. (i hope so)
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October 10, 2019, 07:44:03 PM
 #38

Offcourse, these news sound positive. But... I have heard too many bad things about UNICEF. Big part of donations simply don't reach people who really need it. These money goes somewhere else. Though, these things still weren't covered in mainstream media globally. Offcourse, I'm nottalking that same things happens in all other charity organizations.

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October 10, 2019, 07:51:48 PM
 #39

Offcourse, these news sound positive. But... I have heard too many bad things about UNICEF. Big part of donations simply don't reach people who really need it. These money goes somewhere else. Though, these things still weren't covered in mainstream media globally. Offcourse, I'm nottalking that same things happens in all other charity organizations.

That's the sad thing about donations, once it has received by the donee he/she can do whatever they want to spend it too even the things they didn't tell you. It's legal and they aren't required to show any kind of transparency to you since you already have given the donation to them. But if there is really big happening like what you are trying to say I think the best way to solve this is to go and find for transparency with the help of the U.N. since they are a part of it. Investigating their own branch would look bad though but if they really want to help the world become a better place I think they should do it especially now when they are accepting cryptocurrencies as a form of donation which makes tracking down transactions a little bit harder for us.
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October 10, 2019, 08:35:43 PM
 #40

This is really nice !! takes money away from banks and gives it to the ones in need, I can imagine the bank fees that a global institution like UNICEF
pays...
This will encourage adoption and will help the crypto economy to gain volume...
It is time for institution to embrace the digital age  Grin

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