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Author Topic: Bitcoin 100: Developed Specifically for Non-Profits  (Read 261970 times)
paybitcoin
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December 28, 2012, 03:48:45 AM
 #1141

Sent 1BTC. A good cause.
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Phinnaeus Gage
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December 28, 2012, 05:25:53 AM
 #1142

Sent one!


Sent 1BTC. A good cause.


Please accept my apologies, for this is the first time I've purposely lumped quotes together to solely thank those for their kind donations. Thank you, fizzisist, Bees Brothers, and paybitcoin for your contribution toward My Refuge House. I will update the list in the OP of this thread momentarily.

~Bruno K~

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December 28, 2012, 03:14:29 PM
 #1143

Um, oops. forgot to add mine after the BUNDT one. 1 more BTC sent for the cause
http://blockchain.info/tx/7942486b4b09d2b7f3b743205ca8cb1fbf22c1ca05b698bad9f853c79ca21465

By the way, this is the 4th bitcoin I've honored.

We're at BTC64 now btw

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December 28, 2012, 03:55:48 PM
 #1144

Great to see another one nearly there (was busy with the "competition" I was running so only got around to this now).

Another 5 BTC from CIYAM is on its way (tx 7213b4a6f7d7349730288b1fa4bb2b8420c914cc283db41fe99e82391a400f25).

With CIYAM anyone can create 100% generated C++ web applications in literally minutes.

GPG Public Key | 1ciyam3htJit1feGa26p2wQ4aw6KFTejU
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All paid signature campaigns should be banned.


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December 28, 2012, 05:48:59 PM
 #1145

Just sent 2.73363573 to give us an even 360 BTC on account.

http://blockchain.info/tx/454488ae96ef2df27f3400da58dd59386c82c9b8a085acc2e933b376cd2b5fd4

http://blockchain.info/address/1BTC1oo1J3MEt5SFj74ZBcF2Mk97Aah4ac

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 28, 2012, 06:48:33 PM
 #1146


Sorry. I could not resist Wink

Learn easier with FluxCards (my creation) – Ƀ¡ɥɔʇɐʍ ʇsnɾ ˙ǝƃuɐɥɔ ɐuuoƃ s,ןɐǝɹɃMycelium Wallet (I'm the Android Lead Developer) – Ƀ
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December 28, 2012, 08:21:23 PM
 #1147

Up to 72 now, 28 to go.

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December 28, 2012, 10:15:27 PM
 #1148

You bastardo  Angry Angry Angry

Now I have to "fix it" again.

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 28, 2012, 10:34:54 PM
 #1149


Keep up the good work.

I sent two more for the next two charities after My Refuge House (already honored)

tx (pending in mem pool): 0f442f8fbea8e8d72d6f515827273fb46dfb926d261b59093d25ad794e7e449a
Phinnaeus Gage
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December 29, 2012, 12:15:15 AM
 #1150

I'm goin' make a fresh pot o' coffee, then address the latest posts. Meanwhile, feast your eyes on this: http://theglobaljournal.net/top100NGOs/

Before clicking, guess which entity is number one.

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December 29, 2012, 02:03:02 AM
 #1151

Um, oops. forgot to add mine after the BUNDT one. 1 more BTC sent for the cause
http://blockchain.info/tx/7942486b4b09d2b7f3b743205ca8cb1fbf22c1ca05b698bad9f853c79ca21465

By the way, this is the 4th bitcoin I've honored.

We're at BTC64 now btw

The list I maintain in the OP of this thread has been updated, Rassah. Thanks again for all the work you put into this endeavor. I hope you and your better half enjoyed a fine Christmas, with apologies if I should have used the politically correct term--Holiday Season. (sincere, and not meant as a rib)

Great to see another one nearly there (was busy with the "competition" I was running so only got around to this now).

Another 5 BTC from CIYAM is on its way (tx 7213b4a6f7d7349730288b1fa4bb2b8420c914cc283db41fe99e82391a400f25).


Thank you once again, Ian, for your generous donation. Is it safe to assume that your entire contribution is meant for My Refuge House? I don't want to take this act of kindness for this particular cause for granted. The list has been updated, nonetheless.


And thank you Burt, for trying your damndest to round up the bitcoin amount on account with your kind donation.


Burt, during the general time frame of your transaction and giszmo's donation, there seems to be another <BTC1 donated. Please let us now if this transaction should be contributed to you, considering the post I quoted above this reply.

Thanks again for donation, Burt. My list has been update, and I'm sure Rassah will soon update his ledger.


Thank you, giszmo, for fucking with Burt. The list has been updated reflecting your donation as well.


Keep up the good work.

I sent two more for the next two charities after My Refuge House (already honored)

tx (pending in mem pool): 0f442f8fbea8e8d72d6f515827273fb46dfb926d261b59093d25ad794e7e449a

Finally, thank you jsmithers, for your donation. I hope everything went will Bund transferring their bitcoins into fiat, and that they're please with our support.

Now onto blasting a few more PM's with a slightly edited text.

~Bruno K~

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December 29, 2012, 02:31:38 AM
 #1152

Great to see another one nearly there (was busy with the "competition" I was running so only got around to this now).

Another 5 BTC from CIYAM is on its way (tx 7213b4a6f7d7349730288b1fa4bb2b8420c914cc283db41fe99e82391a400f25).


Thank you once again, Ian, for your generous donation. Is it safe to assume that your entire contribution is meant for My Refuge House? I don't want to take this act of kindness for this particular cause for granted. The list has been updated, nonetheless.


Yup - put it all in.

With CIYAM anyone can create 100% generated C++ web applications in literally minutes.

GPG Public Key | 1ciyam3htJit1feGa26p2wQ4aw6KFTejU
Phinnaeus Gage
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December 29, 2012, 04:31:03 AM
 #1153

Great to see another one nearly there (was busy with the "competition" I was running so only got around to this now).

Another 5 BTC from CIYAM is on its way (tx 7213b4a6f7d7349730288b1fa4bb2b8420c914cc283db41fe99e82391a400f25).


Thank you once again, Ian, for your generous donation. Is it safe to assume that your entire contribution is meant for My Refuge House? I don't want to take this act of kindness for this particular cause for granted. The list has been updated, nonetheless.


Yup - put it all in.


Wonderful, Ian. As I've stated, I didn't want to take your act of kindness for granted. Rassah will handle the particulars and I'll adjust the list to reflect this revelation.

~Bruno K~

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bitcoinbear
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December 29, 2012, 05:09:29 AM
 #1154

I just put in 111.1111 mBTC. I will get to my pledge eventually.  Cheesy

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December 29, 2012, 05:35:45 AM
 #1155

I just put in 111.1111 mBTC. I will get to my pledge eventually.  Cheesy

Every bit helps, Bear. I'll never judge the size of any donation, nor chastise anyone for not contributing. Next time, though, consider stating your donation is satoshis to make it look more impressive.  Grin

~Bruno K~

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December 29, 2012, 05:48:14 AM
 #1156

I just put in 111.1111 mBTC. I will get to my pledge eventually.  Cheesy

Every bit helps, Bear. I'll never judge the size of any donation, nor chastise anyone for not contributing. Next time, though, consider stating your donation is satoshis to make it look more impressive.  Grin

~Bruno K~


I think we should get everybody used to mBTC, then later moving to satoshis will be easier.

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 29, 2012, 05:31:01 PM
 #1157

I just put in 111.1111 mBTC. I will get to my pledge eventually.  Cheesy

Every bit helps, Bear. I'll never judge the size of any donation, nor chastise anyone for not contributing. Next time, though, consider stating your donation is satoshis to make it look more impressive.  Grin

~Bruno K~


I think we should get everybody used to mBTC, then later moving to satoshis will be easier.

Your post has merit, albeit my remark was for humorous purposes only. Thanks again, Bear.

~Bruno K~

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December 30, 2012, 02:12:07 AM
 #1158

An important question was ask of me via PM, and felt that posting the reply here was warranted. The author's name has been redacted.

..........................

Quote
We are currently less than BTC30 short of having the entire BTC100 promised to them, hence this PM. Any and all donations to 1BTC1oo1J3MEt5SFj74ZBcF2Mk97Aah4ac will truly be appreciated.

How did the overpromising happen?

Name Redacted

Thank you for taking the time to present to me your concern in regard to the PM I sent you while conducting in the capacity of Bitcoin 100.

Because how Bitcoin 100 is currently structured, prospective non-profits (NPOs) are promised BTC100 iff they incorporate a Bitcoin donation option onto their respective websites. Designed somewhat akin to to [sic] a kickstarter-type program, coupled with our endeavor to bring more awareness to Bitcoin. As a nascent organisation, Bitcoin 100 is limited by the amount of donations we have on hand, thereby sometimes reverting to impromptu fund drives to make up the difference, recently using this option to garner the balance needed at the time for Bund.

Granted, we do have more than BTC100 currently on hand to immediately transfer the promised amount, but that would mean dipping into funds donated by individuals to be dispersed in a rigorous manner. For example, Roger Ver has kindly donated BTC100 to be doled out BTC10 per charitable organization. Exactly the same is true with Zhou Tong's donation. It would be unfair to counter how they both expect their donations to be allocated.

I hope the above addresses your question, and look forward to having the opportunity to readdress any future concerns on your part.

In the spirit of full transparency, I will be posting this reply in the main Bitcoin 100 thread, sans your identity.

Regards,

Bruno

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December 30, 2012, 02:57:48 AM
 #1159

An important question was ask of me via PM, and felt that posting the reply here was warranted. The author's name has been redacted.

..........................

Quote
We are currently less than BTC30 short of having the entire BTC100 promised to them, hence this PM. Any and all donations to 1BTC1oo1J3MEt5SFj74ZBcF2Mk97Aah4ac will truly be appreciated.

How did the overpromising happen?

Name Redacted

Thank you for taking the time to present to me your concern in regard to the PM I sent you while conducting in the capacity of Bitcoin 100.

Because how Bitcoin 100 is currently structured, prospective non-profits (NPOs) are promised BTC100 iff they incorporate a Bitcoin donation option onto their respective websites. Designed somewhat akin to to [sic] a kickstarter-type program, coupled with our endeavor to bring more awareness to Bitcoin. As a nascent organisation, Bitcoin 100 is limited by the amount of donations we have on hand, thereby sometimes reverting to impromptu fund drives to make up the difference, recently using this option to garner the balance needed at the time for Bund.

Granted, we do have more than BTC100 currently on hand to immediately transfer the promised amount, but that would mean dipping into funds donated by individuals to be dispersed in a rigorous manner. For example, Roger Ver has kindly donated BTC100 to be doled out BTC10 per charitable organization. Exactly the same is true with Zhou Tong's donation. It would be unfair to counter how they both expect their donations to be allocated.

I hope the above addresses your question, and look forward to having the opportunity to readdress any future concerns on your part.

In the spirit of full transparency, I will be posting this reply in the main Bitcoin 100 thread, sans your identity.

Regards,

Bruno

Shouldn't there be a target to get Bitcoin 100 to an end? I mean the way it is handled now, you end up holding more and more coins that are not free to be given to the next charity. Wouldn't it make sense to target for bigger than those before charities with some promise to call B100 a success once the red cross/whatever accepts bitcoin and leave it to that returning the remaining funds?

Learn easier with FluxCards (my creation) – Ƀ¡ɥɔʇɐʍ ʇsnɾ ˙ǝƃuɐɥɔ ɐuuoƃ s,ןɐǝɹɃMycelium Wallet (I'm the Android Lead Developer) – Ƀ
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December 30, 2012, 05:23:14 AM
Last edit: December 30, 2012, 05:39:11 AM by Phinnaeus Gage
 #1160

An important question was ask of me via PM, and felt that posting the reply here was warranted. The author's name has been redacted.

..........................

Quote
We are currently less than BTC30 short of having the entire BTC100 promised to them, hence this PM. Any and all donations to 1BTC1oo1J3MEt5SFj74ZBcF2Mk97Aah4ac will truly be appreciated.

How did the overpromising happen?

Name Redacted

Thank you for taking the time to present to me your concern in regard to the PM I sent you while conducting in the capacity of Bitcoin 100.

Because how Bitcoin 100 is currently structured, prospective non-profits (NPOs) are promised BTC100 iff they incorporate a Bitcoin donation option onto their respective websites. Designed somewhat akin to to [sic] a kickstarter-type program, coupled with our endeavor to bring more awareness to Bitcoin. As a nascent organisation, Bitcoin 100 is limited by the amount of donations we have on hand, thereby sometimes reverting to impromptu fund drives to make up the difference, recently using this option to garner the balance needed at the time for Bund.

Granted, we do have more than BTC100 currently on hand to immediately transfer the promised amount, but that would mean dipping into funds donated by individuals to be dispersed in a rigorous manner. For example, Roger Ver has kindly donated BTC100 to be doled out BTC10 per charitable organization. Exactly the same is true with Zhou Tong's donation. It would be unfair to counter how they both expect their donations to be allocated.

I hope the above addresses your question, and look forward to having the opportunity to readdress any future concerns on your part.

In the spirit of full transparency, I will be posting this reply in the main Bitcoin 100 thread, sans your identity.

Regards,

Bruno

Shouldn't there be a target to get Bitcoin 100 to an end? I mean the way it is handled now, you end up holding more and more coins that are not free to be given to the next charity. Wouldn't it make sense to target for bigger than those before charities with some promise to call B100 a success once the red cross/whatever accepts bitcoin and leave it to that returning the remaining funds?

Yes! But only ending it as the way it's currently structured, oppose to shutting down Bitcoin 100 completely. In fact, the name--Bitcoin 100--wouldn't do a 2.0 version justice, for I don't envision settling for some big fish. I want 'em all! And, by no means does that entail a desire to donate BTC100, or some other arbitrary sum, to every NPO on the planet, albeit that would be a noble undertaking, to say the least.

Considering, for all practical purposes, most NPOs accept PayPal, CC, cash, etc., it's not outside the realm of possibility that those same entities can just as easily embed a specifically designed Bitcoin donation button unto their respective websites once Bitcoin becomes more mainstream. They did it for PayPal, but to do the same for Bitcoin would he a hell of lot easier. During the interim, then continuously thereafter, an entity--formally known as Bitcoin 100--will be the driving force that ensures ALL NPOs the following: able to collect bitcoins as donations from anybody around the world and without banks; someway/somehow able to transfer bitcoins to fiat with nary spending a satoshi on fees, if opting to not spend them directly to make needed purchases via online stores accepting Bitcoin; no need to go through a rigorous application process for acceptance; ever be concerned about chargebacks; among other aspects, some of which not yet dreamt up.

Tentatively speaking, an immediate goal would be to get ten NPOs under our belt utilizing the current model, thus having a track record, of sorts, enabling us to springboard up to the next level. Amassing donations from this community only works for the way the organization is currently structured, but a more lofty enterprise will demand sourcing funding via other avenues.

No matter what lies ahead, and under whatever name, 100% accountability and transparency will always be enforced. Also, although I may be the founder, I'm keenly aware that I would not be of CEO caliber as we move forward, but I do have an individual in mind, one whose not ever a Bitcoiner, believing that's not a prerequisite to perform said duty. Ideally, I would love to retain Rassah as the CFO, earning a salary further down the road.

Speaking of salary: We've all seen, heard, or read, horror stories of how CEOs of major NPOs receive huge salaries, some while their organization of which they oversee maintain a low efficiency rating, or worse, are constantly in the red. I propose a salary base for any person working in the capacity of Bitcoin 100 (or some other name) to be of US minimum wage, not exceeding $20K USD/yr (probably plus minimum expenses). And if that individual puts in ten years of service, they would receive their last salary amount for life (sans expenses) if they chose to leave the organization. But that's all tentative.

The bottom line is no matter what salary or other expenses will be in the future, this soon to be 501c3 NPO will have the highest efficiency rating, topping all charts readily available within a couple years, and will be the NPO that all others not only look up to, but musing to beat.

That said, who has a extra million dollars lying around and willing to donate to the cause? Or, who has a plan to get a million people to donate one dollar, ten million to donate a dime, or a billion to donate a satoshi? Either option works. BTW, I have a plan. The only problem I foresee is that it will scare the fuck out of Rassah when so much money starts showing up on the books.

Did I address your concern, giszmo?  Wink

~Bruno K~

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