donate with Bitcoin

[macson]

jack Dorsey has finished his first tweet NFT auction and raised a sizable fund.

https://v.cent.co/tweet/20

he then converted it to Bitcoin and donated on GiveDirectly

https://twitter.com/GiveDirectly/status/1374105122624565253

we all know GiveDirectly is focused on sending aid to African countries.  

African countries should thank Bitcoin and Jack Dorsey, and Nigeria should get rid rules of banned Bitcoin.

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[bassbity]

world governments as well as central banks must see this as a crushing blow. where bitcoin shifted all sectors for the sake of humanitarian mission. I am very grateful to GiveDirectly, because he has proven that bitcoin is able to provide convenience in overcoming crises, especially in the economic sector.
By doing so we have been given a picture of the future, sending and transacting bitcoin across countries has provided access that is much faster, effective and efficient.

[mk4]

While I really really don't get the digital art NFT craze(it's either really stupid, or I'm the one that's stupid), at least some African and U.S. people are going to get some help I guess? Jack totally got a lot of hate from the Twitter Bitcoin maximalists for that move though.

[Renampun]

...

this is one of the biggest donations with Bitcoin IMO...
One of the crazy thing IMO is that the auction that was held by Jack was able to close at a fantastic value. For those who bought it, I don't know what the benefits of buying it were 'lol', or whether he just wanted to make his reputation skyrocket by becoming the owner of Jack's first tweets.

[macson]

While I really really don't get the digital art NFT craze(it's either really stupid, or I'm the one that's stupid), at least some African and U.S. people are going to get some help I guess? Jack totally got a lot of hate from the Twitter Bitcoin maximalists for that move though.

Again, you're not stupid, you have the right to your thoughts .  NFT is new fun for some.  btw, why don't you take part in the NFT contest held by theymos, I think it's very entertaining https://bitcointalk.org/index.php?topic=5327661.0



found this....i'm a little curious about Elon musk will donate with what? whether it be Bitcoin, Dogecoin, or fiat.  let's make some guess

[livingfree]

found this....i'm a little curious about Elon musk will donate with what? whether it be Bitcoin, Dogecoin, or fiat.  let's make some guess

Maybe cash? I doubt it that he's going to use bitcoin for donating it. As they've announced with their Tesla, they're eager to keep their sales paid with bitcoin.

But still he can give some showcase and advertisement whenever he's going to do that and put on the side that he did it with the help of the Dogecoin community. 

[Hippocrypto]

~snip~

we all know GiveDirectly is focused on sending aid to African countries.  

African countries should thank Bitcoin and Jack Dorsey, and Nigeria should get rid rules of banned Bitcoin.


[/quote]

With this news, I believed this will bring positive impact to African people who've devotedly adopt bitcoin despite of the fact on banning. Let's wait and see how this plans could result in the future, because this amount of donation was too big and I hope this will help this country recover from poverty so their people generates sustainable income through it.

[macson]

found this....i'm a little curious about Elon musk will donate with what? whether it be Bitcoin, Dogecoin, or fiat.  let's make some guess

Maybe cash? I doubt it that he's going to use bitcoin for donating it. As they've announced with their Tesla, they're eager to keep their sales paid with bitcoin.

It seems like your words make sense, it is very unlikely that elon will use Bitcoin or Doge because he is determined to become a Hodler. ^{(i guess)}

With this news, I believed this will bring positive impact to African people who've devotedly adopt bitcoin despite of the fact on banning. Let's wait and see how this plans could result in the future, because this amount of donation was too big and I hope this will help this country recover from poverty so their people generates sustainable income through it.

Poverty is a Lack of Hope
Poor people often lack hope for the future because they live in a lie. The lie of poverty, that is reinforced day-in and day-out is, “You don’t matter. You’re worthless.”

Whether in South Sudan, Ethiopia, Uganda or Zambia, the poor in the world's poorest countries live in hopelessness...every day, in multiple ways.

Imagine not being able to provide enough food for your children or pay for a hospital visit when a child is sick or injured. Imagine the guilt, grief, and despair.

The poor are helpless in the face of war and natural disasters. When natural disasters and conflict occur, the poor suffer the most. They are unprotected, uncared for, and unnoticed.

Overcrowded urban areas where millions of the poor live in slum conditions increase the risk of disease and increase the death toll when conflict and war erupt or an environmental disaster hits.

Poverty often causes the poor to put pressure on their environment, and in turn the environment contributes to the suffering the poor endure.

source....

no matter how much money is donated to Africa i'm skeptical it will make it rise because poverty is their government program there. i've heard that Africa is a continent that is rich and has tremendous potential, it's just that greed is a disease that is hard to eradicate from there.  but we must not give up hope.

[iamsheikhadil]

While I really really don't get the digital art NFT craze(it's either really stupid, or I'm the one that's stupid), at least some African and U.S. people are going to get some help I guess? Jack totally got a lot of hate from the Twitter Bitcoin maximalists for that move though.

Again, you're not stupid, you have the right to your thoughts .  NFT is new fun for some.  btw, why don't you take part in the NFT contest held by theymos, I think it's very entertaining https://bitcointalk.org/index.php?topic=5327661.0



found this....i'm a little curious about Elon musk will donate with what? whether it be Bitcoin, Dogecoin, or fiat.  let's make some guess

I think most probably in all chances it will be crypto because Elon is throwing surprise tweets regarding it for weeks. But there is a chance that he can just donate in fiat as well and the "details" he's going to post maybe of something else and not necessarily a surprise which should be waited by pro-crypto optimists. Whatever is happening, indeed, lots of people are getting helped and it's surely a good thing.

[cheezcarls]

If only I have the talent in being a digital artist, I could have made lots of art, converted to NFT and if sold, I could donate BTC to some nonprofit organizations, charities, etc., especially those organizations who are on a mission to help fight COVID-19. NFTs are profitable nowadays, but it's also a bubble. I usually head over to Cryptoslam website to check which NFT collectible websites are worth for me to buy and collect.

[capcaypro]

If only I have the talent in being a digital artist, I could have made lots of art, converted to NFT and if sold, I could donate BTC to some nonprofit organizations, charities, etc., especially those organizations who are on a mission to help fight COVID-19. NFTs are profitable nowadays, but it's also a bubble. I usually head over to Cryptoslam website to check which NFT collectible websites are worth for me to buy and collect.

well all will have a plan as you say, but whether our ambitions as human beings are never enough and often do not even realize that of our total income 2.5% is the right of the poor pakir. We don't have to talk about the extraordinary work above, but we must often reflect on what we have given to people out there so that it can help ease the burden when a pandemic hits?
isn't that much more than anything? Suppose your income for 1 month, is there anything you donate to them out there?

[FIFA worldcup]

jack Dorsey has finished his first tweet NFT auction and raised a sizable fund.


he then converted it to Bitcoin and donated on GiveDirectly

This is one of the best case of NFT usage. We can easily raise good money through NFT as they are in demand and use that money in helping the poor and needy ones. I hope Elon musk and other famous personalities can raise funds by selling their NTF tweets and help the mankind.

[jerrison]

You know what still baffles me is the fact that Jack Dorsey donated in bitcoin. I knownitnisnto show support for the technology and also to encourage global adoption but why not look at it from the perspective of the Bitcoin network and its price appreciation over the years. I think its not wise a decision to donate bitcoin as it has potentials of been turn trillions in the near future and then it will not be said that you donated trillions but just the small fraction you did today.

jack Dorsey has finished his first tweet NFT auction and raised a sizable fund.

https://v.cent.co/tweet/20

he then converted it to Bitcoin and donated on GiveDirectly

https://twitter.com/GiveDirectly/status/1374105122624565253

we all know GiveDirectly is focused on sending aid to African countries.  

African countries should thank Bitcoin and Jack Dorsey, and Nigeria should get rid rules of banned Bitcoin.

[vintages]

African countries should thank Bitcoin and Jack Dorsey, and Nigeria should get rid rules of banned Bitcoin.

Jack support to Africa through fund with Bitcoin is not a new thing and I just love his boldness towards it. This is not the first time he has been sending Bitcoin to Africa, he has done it previously to Nigeria during the time of the speakout against police brutality.

As for the last part of your post, I feel Nigeria CBN will lift their restrictions on Bitcoin one day . Since they claimed that Bitcoin is not banned in Nigeria but in Nigeria banking activities... I personally feel their action was a quick one considering they are following the trend of India and China.

[The Cryptovator]

I can say that's the advantage of Bitcoin legalization. Where Bitcoin isn't accepted, Bitcoin donators wouldn't donate there. It's a big help for Africa and it would be a lesson for a few developing countries where Bitcoin is banned. It's just not a donation, I can say this is the way of Bitcoin adaption, doesn't matter how Jack Dorsey raises the funds. And I agree with OP that Nigeria had taken the wrong decision by banning Bitcoin. Who knows if they would get such as donations from Big donators.

[Theb]

With this news, I believed this will bring positive impact to African people who've devotedly adopt bitcoin despite of the fact on banning. Let's wait and see how this plans could result in the future, because this amount of donation was too big and I hope this will help this country recover from poverty so their people generates sustainable income through it.

Although givedirectly is known for its charity work as sending the cash directly to the ones in need I'm sorry to say that the Bitcoin Jack Dorsey donated will be converted to USD as explained in their page.

1. Bitcoin.
 
We now accept donations in bitcoin! You can donate bitcoin through our donate page. Bitcoins are automatically converted into USD and transferred into our US bank account. You’ll receive an auto-generated receipt from Coinbase and a separate tax receipt from us.

Although I would like to see how they will be using Bitcoin I believe that the ones in need won't have the basic knowledge on how to use nor have the convenience to convert it to useful fiat currency that is why I think them receiving straight cash is something that will be more useful and more convenient for them.

[iTradeChips]

Oh how many of us wish that we have that same monetary power to change the world in the form of charity. Donating in bitcoin is one of the coolest, I should say, ways to help organizations get the funding that they need for their operations. I would assume that many of the donators used cryptocurrency but most of all, fiat money to send their donations. I am sure there are people who still have tons and tons of Bitcoin with them, willing to spend to charitable organizations.

[bL4nkcode]

With this news, I believed this will bring positive impact to African people who've devotedly adopt bitcoin despite of the fact on banning. Let's wait and see how this plans could result in the future, because this amount of donation was too big and I hope this will help this country recover from poverty so their people generates sustainable income through it.

Although givedirectly is known for its charity work as sending the cash directly to the ones in need I'm sorry to say that the Bitcoin Jack Dorsey donated will be converted to USD as explained in their page.

[...]

It's normal, necessary and I guess that's the only way to support those beneficiaries especially on such places where bitcoin isn't adopted yet. Imagine they will open a crypto account/exchange first, taking kyc just to convert their bitcoin to fiat if the charity org give bitcoin directly to the beneficiaries.

As for now, that's the only way.

[bosede1]

The donation made is huge and with this donation to African Countries like you said I hope the Nigerian government will review their ban on Crypto currency transaction and involvement.

[Coinsfera]

jack Dorsey has finished his first tweet NFT auction and raised a sizable fund.
https://v.cent.co/tweet/20
he then converted it to Bitcoin and donated on GiveDirectly
https://twitter.com/GiveDirectly/status/1374105122624565253
we all know GiveDirectly is focused on sending aid to African countries.  
African countries should thank Bitcoin and Jack Dorsey, and Nigeria should get rid rules of banned Bitcoin.

These kinds of initiatives will encourage others to do the same. Also, it will serve the distribution of money from the rich to the poor.