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Author Topic: Bitcoin 100: Developed Specifically for Non-Profits  (Read 241603 times)
Phinnaeus Gage
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Bitcoin: An Idea Worth Spending


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December 11, 2011, 03:57:30 PM
 #341

I pledge 5 BTC in total, ie. 1 BTC for the next 5 charitable organizations.

Upon request, I will go to that organizations home page, verify that they
have a bitcoin address and then deposit 1 BTC to that address, or in
the event the price should skyrocket (the ekvivalent of todays worth of
1 btc,3.3USD).

However, I have a question:

You should not promise the charitable organization that they will in fact
recieve 100 BTC if they accept bitcoins, you should say that 100 BTC
is pledged.

From working with people and money in several projects, I know that
the larger the group you work with, the harder and longer it takes to
extract funds from them. I guess most people have good intentions,
but when it comes to actually handing over the funds, some people
are incredible slow or non-responsive.

If you want to be able to guarantee a charity a 100 BTC if they start
accepting bitcoin donations, these funds needs to be readily available.

For this to happen, we need to create a system, prefferably a web-
site where you can make an account and deposit coins. I would not
object to the operator taking for instance a 5-10% cut to operate
this.

There's also the issue of trust. Perhaps the best solition would be
for the developer of such a solution to work with one of the established
exchanges, perhaps also some of the exchanges would be willing
to donate a percentage of their net profits to a good cause, say
0.005% of net income. Even if it's small, it would still help.

And trust is paramount, we don't need another mybitcoin scandal,
or news paper headlines like: "Bitcoin Red Cross fraud scandal" etc.

(And before anyone points at me and asks; why don't you make
such a website? Answer: I'm just too busy.)

But for the next 5 donation request, I will promise to donate promptly.

Thank you kindly, Herodes, for your pledge. The donator list in the OP has been updated reflecting your contribution.

Quote
For this to happen, we need to create a system, prefferably a web-
site where you can make an account and deposit coins. I would not
object to the operator taking for instance a 5-10% cut to operate
this.

A website is definitely in the works, offering up a central location to read what Bitcoin100 consists of, for a forum thread no longer cuts the mustard. Too many questions, already answered, scattered all about.

Quote
Upon request, I will go to that organizations home page, verify that they
have a bitcoin address and then deposit 1 BTC to that address, or in
the event the price should skyrocket (the ekvivalent of todays worth of
1 btc,3.3USD).

Duly noted and, once again, reflected on the donator list in the OP. Thank you, again.

Quote
You should not promise the charitable organization that they will in fact
recieve 100 BTC if they accept bitcoins, you should say that 100 BTC
is pledged.

From working with people and money in several projects, I know that
the larger the group you work with, the harder and longer it takes to
extract funds from them. I guess most people have good intentions,
but when it comes to actually handing over the funds, some people
are incredible slow or non-responsive.

If you want to be able to guarantee a charity a 100 BTC if they start
accepting bitcoin donations, these funds needs to be readily available.

This is the core of Bitcoin100: The funds shall be readily available (or very close to that 100 BTC mark) when the charitable organizations are approached. It's the carrot, so to speak, enticing them to into becoming more receptive to what we have to offer.

Quote
There's also the issue of trust. Perhaps the best solition would be
for the developer of such a solution to work with one of the established
exchanges, perhaps also some of the exchanges would be willing
to donate a percentage of their net profits to a good cause, say
0.005% of net income. Even if it's small, it would still help.

And trust is paramount, we don't need another mybitcoin scandal,
or news paper headlines like: "Bitcoin Red Cross fraud scandal" etc.

We believe we have this issue solved, as well. First, although I came up with the idea, I made sure I distanced myself from the collection of the funds, thereby creating a level of trust as far as Bitcoin100 is concerned. The only two people who have control of the wallet are Rassah and Roger Ver (MemoryDealers).

Quote
For this to happen, we need to create a system, prefferably a web-
site where you can make an account and deposit coins. I would not
object to the operator taking for instance a 5-10% cut to operate
this.

There'll be no need, what-so-ever, to take even 1 Satoshi from the honored pledges in the wallet to maintain a website. At the moment, it looks like edd and I have that cost covered. It's not going to break the bank to pay for hosting for Bictoin100, and edd already purchased the domain name. The cost is low to maintain a site, although time is valuable. But I, personally, will donate time towards this pet project. I was in search of a new pet, anyway, albeit I was thinking of a four-legged kind.

I hope that addresses your questions and concerns, Herodes. Feel free to offer up more. Thank you, again, for your kind pledge.

~Bruno~
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December 11, 2011, 06:50:52 PM
 #342

So do we have a first target yet for our DDoB (Distributed Donation of Bitcoins) attack?
Phinnaeus Gage
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December 11, 2011, 07:14:08 PM
 #343

So do we have a first target yet for our DDoB (Distributed Donation of Bitcoins) attack?

The definitive answer is no, but several organizations have been proposed.
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December 11, 2011, 08:08:50 PM
 #344

What is the website running on by the way?

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December 11, 2011, 09:18:29 PM
 #345

Hi, I would like to pledge some bitcoin to this cause. I will give 1 bitcoin to each organization until I run out of bitcoins. So, put me down for 1+, you never know what will happen in the future, right?

Since the price of bitcoins is just continuing to fall, I might as well give them away before they loose all value  Grin

Oh, and I already sent 1 bitcoin to the address.

CryptoNote needs you! Join the elite merged mining forces right now here in Fantomcoin topic: https://bitcointalk.org/index.php?topic=598823.0
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December 11, 2011, 09:35:50 PM
 #346

Phin, could you change #66 to ]url=http://bitcoinX.com]bitcoinX.com[/url]

I would like to suggest Amnesty International (human rights and stuff) as a charity to donate to.


Is it still ok not to honor before I know the charity? There are charities I would rather not donate to.


blockchained.com ■ bitcointalk top posts
Harvey
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December 11, 2011, 10:18:29 PM
 #347

I am going through major medication withdrawal. I can't read anything here clearly. Somebody wanted me here but I don't think I can meet their request in my current state.

I'll happily consider being a spokesman when I can act intelligibly.

@HarveyAlpha (https://twitter.com/#!/HarveyAlpha) | It would be foolish to assert that there is no power above mine. Only the attitude that I take toward it will be quite another than that of the religious age: I shall be the enemy of every higher power.
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December 11, 2011, 10:49:13 PM
 #348

Count me in! 1BTC per org, 40 BTC max at the moment. I've sent 1 BTC. I may send some more later...

1DiThiTXZpNmmoGF2dTfSku3EWGsWHCjwt
Phinnaeus Gage
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December 12, 2011, 04:38:37 AM
 #349

What is the website running on by the way?

At the moment, it's not running on anything. I'll assume your speaking about where it's hosted and what CMS. I know my way around Host Gator and Wordpress, so that's what I'm leaning towards. Once set up, I'll have edd transfer the DNS.

Hi, I would like to pledge some bitcoin to this cause. I will give 1 bitcoin to each organization until I run out of bitcoins. So, put me down for 1+, you never know what will happen in the future, right?

Since the price of bitcoins is just continuing to fall, I might as well give them away before they loose all value  Grin

Oh, and I already sent 1 bitcoin to the address.

Thank you, bitcoinbear, for you pledge, then immediately honoring it. The supporter list in the OP has been updated reflecting your kind contribution.

Phin, could you change #66 to bitcoinX.com

I would like to suggest Amnesty International (human rights and stuff) as a charity to donate to.

Is it still ok not to honor before I know the charity? There are charities I would rather not donate to.


Sure will, and did, and fixed the link as well.

Amnesty International is now open for discussion.

You don't have to honor any pledge until you know which charity the funds will be allocated for, coupled with you being fully comfortable donating to any particular cause.

I am going through major medication withdrawal. I can't read anything here clearly. Somebody wanted me here but I don't think I can meet their request in my current state.

I'll happily consider being a spokesman when I can act intelligibly.

Whew! This is a blessing. I mean, I hope your feeling better soon, Harvey. (I PM'ed Harvey the same, wishing him well)

Count me in! 1BTC per org, 40 BTC max at the moment. I've sent 1 BTC. I may send some more later...

Thank you, DiThi, for your very generous pledge and the honoring of 1 BTC to the current pool. The supporter list has been updated reflecting your kind contribution.

Bruno, add me to your list. Per your rules 1 coin each time a charitable organization is ready to embed a Bitcoin donation button with the proviso that you don't get a flood and tap me out of coins in a week (although, I do hope it takes off that well). I just sent the first coin to your vanity address.

Edd might already have this worked out too but let me know if you need any help with the HTML or CSS for the site. I don't have a lot of time this month but I can chip in if you need it. If you will allow me temporary FTP access I can help you set it up. Just let me know.  


Thank you, CornedBeefHash, for your pledge and honoring your first Bitcoin towards the cause. I can almost promise that there won't be a flood of takers, especially now that our spokesperson is over medicated.

I have no problem with FTP'ing, HTML or CSS. It's these--Pearl Jam, C-- (or is it +CCC), Ruby Don't Take That Train to Town, Monty Python, Java with Cream, among others--that I have no clue as to what the hell is going on. The first and last time I programmed Basic was on a Timex Sinclair 1000 I purchased for $19.95. I programmed a clock to run backward. Then, I put it back into the box, and got my money back. That said, when I
hit a snag
, I'll surely drop you a line.

~Bruno~
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December 12, 2011, 04:11:47 PM
 #350

I couldn't stand it any longer! So I went and did it. Hope nobody objects. I donated .8989898 BTC to the wallet to have the balance show a whole number. If you don't like it, then give me something I may like--500 lashes with a wet noodle.

~Bruno~
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December 12, 2011, 04:21:37 PM
 #351

Now I know that next time I can donate 1.00000001 which will bug you into giving me a "matching grant" of 0.99999999  Wink

Our family was terrorized by Homeland Security.  Read all about it here:  http://www.jmwagner.com/ and http://www.burtw.com/  Any donations to help us recover from the $300,000 in legal fees and forced donations to the Federal Asset Forfeiture slush fund are greatly appreciated!
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December 12, 2011, 04:24:19 PM
 #352

I couldn't stand it any longer! So I went and did it. Hope nobody objects. I donated .8989898 BTC to the wallet to have the balance show a whole number. If you don't like it, then give me something I may like--500 lashes with a wet noodle.

~Bruno~


Thank you! Non-round numbers are very upsetting to us accounting types. So much so that I was about to take those bitcents and stash them away from the public address until we actually make a donation.

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December 12, 2011, 04:57:20 PM
 #353

Now I know that next time I can donate 1.00000001 which will bug you into giving me a "matching grant" of 0.99999999  Wink
I call it: Trolling for charity.

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December 12, 2011, 05:37:41 PM
 #354

I couldn't stand it any longer! So I went and did it. Hope nobody objects. I donated .8989898 BTC to the wallet to have the balance show a whole number. If you don't like it, then give me something I may like--500 lashes with a wet noodle.

~Bruno~


Thank you! Non-round numbers are very upsetting to us accounting types. So much so that I was about to take those bitcents and stash them away from the public address until we actually make a donation.

It's no big deal, for it'll happen rarely, 'cause I have a plan, unless

Now I know that next time I can donate 1.00000001 which will bug you into giving me a "matching grant" of 0.99999999  Wink
I call it: Trolling for charity.
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December 12, 2011, 06:09:51 PM
 #355

Oh my! Shocked It seems it just happened again! Such rascals!

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December 12, 2011, 06:20:33 PM
 #356

From: https://bitcointalk.org/index.php?topic=53986.20
Internet Archive has added a link to their bitcoin address on their donate page:
http://www.archive.org/donate/index.php

In the bottom center of the page, there is a link "Our Bitcoin Address," which links to an anchor tag in the middle of their FAQ.

From http://www.archive.org/about/faqs.php#311 :
Quote
Can I donate BitCoins?

Yes, please do. Our BitCoin address is: 17gN64BPHtxi4mEM3qWrxdwhieUvRq8R2r . Every bit helps.

Don't trust me though, copy their address off of their site yourself!

Thanks Internet Archive!

Now it's our turn. Let's fill their wallet!

CoinLab is sending our donation now.  Does this qualify as the first "official" Bitcoin100 charity?
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December 12, 2011, 06:29:51 PM
 #357

I'd be happy to have my 1BTC going to them, though I'd be inclined to send a bit more if they put a button on their donation page instead of burying the address in the FAQ.

Losing hundreds of Bitcoins with the best scammers in the business - BFL, Avalon, KNC, HashFast.
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December 12, 2011, 06:36:53 PM
 #358

Oh my! Shocked It seems it just happened again! Such rascals!

Don't eff with me, cause two can play that game. (take a look!)  Grin

http://blockexplorer.com/address/1BTC1oo1J3MEt5SFj74ZBcF2Mk97Aah4ac

(but give it a couple minutes to show up)
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December 12, 2011, 06:47:54 PM
 #359

From: https://bitcointalk.org/index.php?topic=53986.20
Internet Archive has added a link to their bitcoin address on their donate page:
http://www.archive.org/donate/index.php

In the bottom center of the page, there is a link "Our Bitcoin Address," which links to an anchor tag in the middle of their FAQ.

From http://www.archive.org/about/faqs.php#311 :
Quote
Can I donate BitCoins?

Yes, please do. Our BitCoin address is: 17gN64BPHtxi4mEM3qWrxdwhieUvRq8R2r . Every bit helps.

Don't trust me though, copy their address off of their site yourself!

Thanks Internet Archive!

Now it's our turn. Let's fill their wallet!

CoinLab is sending our donation now.  Does this qualify as the first "official" Bitcoin100 charity?

WOW! I'm not able to answer that properly. I need help with this.

The following is my personal opinion and observation, only:

Clearly, this thread was started after the introduction of Bitcoin100: https://bitcointalk.org/index.php?topic=53986.0

It was started by Obsi. (does not matter whether Obsi is a supporter of Bitcoin100, or not)

Bitcoin100 was first mentioned in post #17:

I'm in for 1. I've used their site many of times. Will watch this thread and their site for confirmation of the address.


Maybe we need a project like the Bitcoin100 for non-charity projects like this, and wikipedia, and tor.  Or include them in the Bitcoin100?

That said, please discuss, because this may be an important issue.

~Bruno~
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December 12, 2011, 06:52:22 PM
 #360

I'd be happy to have my 1BTC going to them, though I'd be inclined to send a bit more if they put a button on their donation page instead of burying the address in the FAQ.

Good point about having the info in their FAQ page. I have stated in the other thread that I have honnored my pledge, regardless of where it's located, as a goodwill gesture for them taking the initiative for adding a Bitcoin donation option.
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