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Author Topic: How About Bitcointalk raise Money in BTC to Donate on fight against Coronavirus  (Read 436 times)
SUMBI99 (OP)
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March 22, 2020, 05:21:01 PM
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 #1

As you Can See from different World News people are dying By Covid19, And Despite the Success of china against it, but the world must come together to fight as the world problem. As an Investor, entreperenur, and businessman in Crypto, I see Opportunity for the Bitcoin Community to show the power of it by the donation from the platform and let the world know about it, this will increase the number of people who will trust on Bitcoin and Crypto In general which we all need in order for the people to have financial freedom,

I suggest that it will be good if the platform itself (Bitcointalk) will provide BTC Address for that Donation to avoid theft or unrated address from unknown and after Contribute enough the transaction of exchange to get tools for help have to be done from those stores which accept Bitcoin, that help will be for the currently most affected country/countries

I Belive the Community will help and Understand 
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March 22, 2020, 05:29:58 PM
 #2

Your idea isn't bad, but most likely theymos (admin) isn't going to raise money for donations. Probably he will not involved with any kind of fund related matter on forum. There is so many reason and that's why admins never hold users fund. But I believe forum have enough fund (raised from donations, forum ads auction & fees) to donate for most effected countries. But question is, will government accept bitcoin donations? If not then nothing can be done. If government accept bitcoin donations then it will be a positive move for whole bitcoin community. But don't expect raise funds from community via forum admin.

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SUMBI99 (OP)
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March 22, 2020, 05:40:23 PM
 #3

Your idea isn't bad, but most likely theymos (admin) isn't going to raise money for donations. Probably he will not involved with any kind of fund related matter on forum. There is so many reason and that's why admins never hold users fund. But I believe forum have enough fund (raised from donations, forum ads auction & fees) to donate for most effected countries. But question is, will government accept bitcoin donations? If not then nothing can be done. If government accept bitcoin donations then it will be a positive move for whole bitcoin community. But don't expect raise funds from community via forum admin.

I also see the challenge from the governments, and sure we have a long way to go for them to accept bitcoin but I believe this is one among the best move to get new people whose later will influence many governments 
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March 22, 2020, 06:31:44 PM
 #4

It's a good idea, we pray against lockdown in Nigeria, otherwise, people are going to die more from hunger than the virus itself due to past years of government failure and treasury looting in the oil-rich West Africa nation. I doubt Theymos will be interested in this suggestion, he leads an anonymous life, so he wants to keep his reputation intact.
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March 22, 2020, 08:06:37 PM
 #5

Very laudable idea, the Covid-19 pandemic has become a global  fight for everyone. We are all at risk irrespective of the part of the world where one resides. I believe if there is a way where bitcointalk as a community can raise funds through donations to support in a way to fight this virus, it would really help. However there are challenges, how and where to spend the donations at the end of the day is a big issue.

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March 22, 2020, 08:23:19 PM
 #6

Your idea isn't bad, but most likely theymos (admin) isn't going to raise money for donations. Probably he will not involved with any kind of fund related matter on forum. There is so many reason and that's why admins never hold users fund. But I believe forum have enough fund (raised from donations, forum ads auction & fees) to donate for most effected countries. But question is, will government accept bitcoin donations? If not then nothing can be done. If government accept bitcoin donations then it will be a positive move for whole bitcoin community. But don't expect raise funds from community via forum admin.
I also don't expect that theymos would start collecting money. But maybe one or few trusted Bitcointalk members could start such initiative. I don't know how much money here on Bitcointalk we can collect, probably not that much, but I think even small donation matters in this situation. And yeah, I doubt that governments would accept Bitcoin donations. But maybe we can donate through charity organisations, there are some which accept Bitcoin.

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March 22, 2020, 09:24:12 PM
 #7

But how can you be sure that the donations will be utilized to reach the appropriate and affected countries and patients?
Or maybe a member or members can be involved with WHO in collaboration to ensure it is utilized well to the target groups and to rehabilitate affected country.
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March 22, 2020, 09:35:48 PM
 #8

Supposed to say that theymos did collect some donation to help fight the pandemic, on what organization do you think we need to send it to? WHO? CDC? Italy? Accumulating of funds isn't really the problem here, it's the one where you send it too. And these organizations does not always accept donations all of a sudden just because someone is willing to give them. I know a lot of us is in the spirit of giving and helping and I don't think money is always the solution on problems like this one. Just by staying at home and observing social distancing can be a big help for your country to reduce the spread. Us intervening right now is the last thing they want us to do.
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March 22, 2020, 09:48:53 PM
 #9

There's very little chance that theymos will be interested in doing this, it's simply not in his style, and if you check his recent post history, he doesn't think that this pandemic is actually serious. And if someone wants to donate Bitcoin, some big organizations already started receiving Bitcoin donations. I don't think that the virus should be viewed as an opportunity to get good publicity, this is what (some) politicians do, and we should be better than them.

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March 22, 2020, 10:08:00 PM
 #10

This would be a great initiative on the part of the crypto community. Also, we can take advantage of this to increase the exposure of bitcoin and the whole blockchain technology because i am sure people would be asking what crypto is and how it came into existence. Also, these donations are going to help the people who are in need of funds to take care of themselves in times like these.

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March 22, 2020, 10:14:16 PM
 #11

Why wait for Theymos or this community?

We can do our share by donating, lots of organizations are readily accepting crypto as donations already.

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March 22, 2020, 10:32:45 PM
 #12

I think this is unnecessary to run a donation campaign moderated by the forum administration to collect money for fight against covid19. Anybody can submit a direct donation to any government he thinks it deserves it, in any usual form, not necessairely in btc. The first goal here is to help fighting the virus and not spread the world about bitcoin.
Make it easy by convert your btc into fiat and send them to one of the government's box dedicated for donations.

However, bitcoin has already offered a great solution by its caracteristic as electronic cashless system which help people make touchless money exchange.
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March 22, 2020, 10:51:47 PM
 #13

That's a good initiative, but there's no need to make any donations for the current situation from this community IMO, every country is sufficient for their financial needs, this is not a disaster like a volcano eruption near a community, a typhoon, forest fire where lots of victims and affected. And not with the mods or admins, you can make fund raise for this with you or anyone who is interested but theymos won't do this.
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March 23, 2020, 02:37:14 AM
 #14

This idea is really good, by this way the bitcoin will be more familiar to anyone, they will know how bitcoin or other cryptocurrency can help our country especially with this time, when crisis are still happening in our world, it is really good because it will help a lot of people who is suffering from the virus, in a way that a lot of people got temporarily unemployed, there are so many poor people who really afraid of this virus because for sure they will suffer from hunger because of being lack of money, but I don't think that admins of this forum won't raise fund for the people who is affected by the virus.
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March 23, 2020, 04:32:32 AM
 #15

As an Investor, entreperenur, and businessman in Crypto, I see Opportunity for the Bitcoin Community to show the power of it by the donation from the platform and let the world know about it, this will increase the number of people who will trust on Bitcoin and Crypto In general which we all need in order for the people to have financial freedom,
~
My unpopular opinion:

If you are planning to help, just help in silence. This is not really the time to be thinking about promoting Bitcoin and and other cryptocurrencies through donations. I can't imagine to see a donation with "Donation from Bitcointalk community" label on it. The move is just the same with politicians taking advantage of the situation by having their faces and their names placed on the relief goods/items they give to their constituents.
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March 23, 2020, 04:56:23 AM
 #16

As you Can See from different World News people are dying By Covid19, And Despite the Success of china against it, but the world must come together to fight as the world problem. As an Investor, entreperenur, and businessman in Crypto, I see Opportunity for the Bitcoin Community to show the power of it by the donation from the platform and let the world know about it, this will increase the number of people who will trust on Bitcoin and Crypto In general which we all need in order for the people to have financial freedom,

I suggest that it will be good if the platform itself (Bitcointalk) will provide BTC Address for that Donation to avoid theft or unrated address from unknown and after Contribute enough the transaction of exchange to get tools for help have to be done from those stores which accept Bitcoin, that help will be for the currently most affected country/countries

I Belive the Community will help and Understand 

Hold on. China hasn't surely stopped the coronavirus stuff. They are just trying to isolate the numbers by not providing to WHO.  There is no solid proof of China stoppage because it's next to impossible to stop the coronavirus spread so quickly and suddenly halt the process. Being vaccine industry employee I have worked on so many articles and there is no clue on how this can be stopped immediately.

Speaking about the DONATIONS . .

Yes, donating can help but this donation shall be given to R&D facilities where work on the Corona is going on.

You might say donations shall be given to patient treatment, hospital but prevention is far better than cure.

In this case prevention is to look for vaccine, send it worldwide and immunise everyone.

However, this will need huge amount of money as cost of highly qualified equipment required in biotech firms are upto the sky.

So if any donations are going to be done by this forum then it has to go to research facility first.
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March 23, 2020, 05:30:12 AM
 #17

bitcointalk is not a charitable organization and unless you can find one that is transparent and has a good history you won't be able to get any donations because of the large number of scams that have been happening over the past couple of weeks using all kinds of methods!

Hold on. China hasn't surely stopped the coronavirus stuff.
the conclusion is based on the statistics they report. the new cases found per day has reduced from a couple of thousands per day to a couple of dozen per day. basically when the chart here called Total Coronavirus Cases plateaus it shows a significant reduction and signals the end of the spread being near.

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March 23, 2020, 05:41:06 AM
 #18

There's already a BTC charity campaign launched by the Italian Red Cross using the crypto crowdfunding and charity platform Helperbit.You  can donate there,if you want.Bitcointalk,as a forum and an active community, has other purposes,one of them is to provide information about blockchain technology,Bitcoin and altcoins,so more people can educate themselves and learn about the opportunities of the crypto industry.
It's OK to donate coins if you want,but we are not,and we shouldn't be,a charity foundation.

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March 23, 2020, 05:42:33 AM
 #19

Unnecessary. Doing as such would most likely lead to additional popularity of the platform, but it isn't really advertised outside ( or there is no need to ) and additionally, if you wanted to help to fight the virus, there are already a lot of other avenues for such. I don't know for other countries, but a few countries' red cross groups have already started fundraising activities. Just recently Italy has already achieved its initial goal just after 3 days and is now continuing the said activity with an increased goal. The Dutch Red Cross also accepts donations through Bitcoin. A lot more trustworthy since it's an official group worldwide, which really helps avoid all the scams and such happening cause of the virus.

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March 23, 2020, 06:03:57 AM
 #20

I suggest that it will be good if the platform itself (Bitcointalk) will provide BTC Address for that Donation to avoid theft or unrated address from unknown and after Contribute enough the transaction of exchange to get tools for help have to be done from those stores which accept Bitcoin, that help will be for the currently most affected country/countries
You have a good idea. This forum is the best place where all crypto enthusiast all around the world unite and show our support to eradicate this pandemic. However, that's the problem as — we are too big to handle such kind of fund raising. Who is willing here to stand as the leader? Who is willing to assess the funds entering? Who are going to buy supply of necessities especially alcohol and masks? No offense but I'm getting a little bit skeptical that someone here will volunteer himself which is understandable because it was a huge responsibility.
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