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Author Topic: Accepting bitcoin for donations enables those in Diaspora to participate  (Read 221 times)
Salahmu
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September 12, 2024, 09:28:25 AM
 #21

Very interesting, actually anything that has to do with political matters people always prefer to maintain there identity anonymous so that outsiders will not be able decode there participation and the only way that can be possible is if there should be a provision for other means of donations aside from using fiat, so perhaps using Bitcoin as another method will be very nice because it protects and keep the identity of the donors private.

However I believe this is even the reason why you guys missed the donations from those in Diaspora because you should understand that the person could be in a place very far from reaching out to any Bank so it becomes an issue for the person to leave his workplace in looking for bank to send his donation, so that's actually the reason why those in Diaspora shouldn't be blame for not complying on the first time, but however with the option of using Bitcoin for donations and fiat it makes everything very easy especially for those in Diaspora so that they can easily make there donations without much of a stress, while those who prefer fiat can also donate using that method.

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AVE5 (OP)
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September 12, 2024, 12:42:04 PM
 #22

How if the donations comes from the illegal activity because once you spreads your wallet in the public place for donations for the campaign, people who work for illegal activity can send their funds through Bitcoin without you know who they are. They don't know if they accept the fund from illegal activity but they can say that they have much funds to do election. Besides that, each candidates can also receive the funds from illegal activity and they can do many things with that funds. The election will be not fair for those people who doesn't have much funds because they can not get more attention from people as they are limit to use their funds to win the election.

You've made some concious view here but let's recall that bitcoin transaction is transparent and transactions can be traceable in as much it's executed in the public ledger. Then every suspected illegal transactions under the public donations can still be traceable right from the origin of the source.
Also if a party is being over funded as a case of using bitcoin for donations, let's also be aware that donations with the fiats isn't limited to a certain amount as that too. If the other party fails as a cause of insufficient funds to meet up the required tasks, then it becomes parties financial inability supports. capacities and not the privilege of the other party receiving supports through bitcoin.

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September 14, 2024, 12:18:24 PM
 #23

How if the donations comes from the illegal activity because once you spreads your wallet in the public place for donations for the campaign, people who work for illegal activity can send their funds through Bitcoin without you know who they are. They don't know if they accept the fund from illegal activity but they can say that they have much funds to do election. Besides that, each candidates can also receive the funds from illegal activity and they can do many things with that funds. The election will be not fair for those people who doesn't have much funds because they can not get more attention from people as they are limit to use their funds to win the election.
The problem of receiving donations from illegal activities will also occur in fiat donations. The party don't have control over the sources of funds but the party will be open to investigation if they receive from from illegal sources. After all, you cannot identify corrupt donations unless there is an investigation by law enforcement agencies. Every political party is free to seek donations to fund campaigns, so it's not a crime to get donations via cryptocurrencies. We saw Donald Trump wooing crypto businesses to enable him to raise funds, but Kamala Harris is seeking her campaign funds from other sources.

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Zanab247
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September 14, 2024, 12:52:08 PM
 #24

If they are doing the donation for the purchase of election, I don't think it will encourage people in that society to involve BTC for the donation because it will make their opponent conclude that they are using BTC to buy the election, which is not acceptable in some countries of the world. Base on your narration on this trend, show that there is no unity among the society because if there is a unity among the society, it will make the society to come out in massive to vote in a particular party that will bring development to the society which is the major thing that make people to come out to vote for the candidate of their choice in some countries, and it will encourage the young people in the country to learn good thing from the society.  

Next time, don't expose yourself in such gathering to suggest BTC for donation for the election because all eyes will be on you in that society, and it will make some people to plan evil against you after the election and you will surely regret for bringing yourself out in the public.

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September 15, 2024, 11:59:24 PM
 #25

It's commendable of you on how you managed to subtly introduce Bitcoin to them and it's equally good they listened to you because you were able to solve two issues; presenting another alternative for those in the diaspora to contribute financially and also, those who were present were able to learn about Bitcoin and know there are so many ways to accepting money, not only the traditional method which is receiving through banks.
 You mentioned being applauded for your efforts and I think its well deserved because this way you've been able to orange pill a little crowd and if care's not taken, maybe you could be called upon to teach more about Bitcoin...(Heh, this is me getting ahead of me self Grin)
It only takes a little bunch of knowledge of bitcoin for you to get people convinced on bitcoin. And see, that works on your place. We don't know actually that it could be highly possible to happen if no one will be brave enough to suggest and offer a good idea. And now with people knowing about bitcoin, I'm sure giving donations won't be that's quite hard though even if those people are living on other countries or anywhere in the universe. Now, you should be highly applauded and appreciated for that.

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Aanuoluwatofunmi
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September 16, 2024, 06:25:10 AM
 #26

Bitcoin can be a source of motivation for some people, especially when they don't want to be recognized or identified for some reason which is about their privacy matters, it is easier to make a payment in bitcoin and more convenient even than fiat, we are seeing many ways through which the people are accepting for the use of bitcoin for their daily transactions, this is because they have the understanding of how secured the network is and could achieve the same or better experience than when they are making use of fiat.
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September 16, 2024, 08:38:58 AM
 #27


It only takes a little bunch of knowledge of bitcoin for you to get people convinced on bitcoin. And see, that works on your place. We don't know actually that it could be highly possible to happen if no one will be brave enough to suggest and offer a good idea. And now with people knowing about bitcoin, I'm sure giving donations won't be that's quite hard though even if those people are living on other countries or anywhere in the universe. Now, you should be highly applauded and appreciated for that.
Yunno, its one thing to have a little knowledge of Bitcoin and another to want to release that said knowledge to others because in this period of time where people are more focused on thinking about what to eat, shelter and clothes, it will be a bit weird to start bringing up that discussion. I think the op was able to find success at Introducing it to them because the situation called for it and what better way to catch the interest of many than when you proffer solutions on how to get more donations.

 
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September 16, 2024, 10:06:57 AM
 #28

.
Network issues are not also an issue because every country has access to internet connections. Transactions might be slow, but banks make sure they have good internet connections. My country has a very poor internet connection but this has not stopped the flourishing of international remittance.
Am wondering what part of the world in diaspora those people are living that they haven't heard of Western Union transfers which anyone can sit at the comfort o their home having access to internet and do any transfer through their mobile app. People give excuses for many things these days that you can't really tell when they are actually intentional in doing something or not.

For people using bitcoin for transaction for the first time and considering the technicalities laced with bitcoin  won't that create bigger challenge for them which could lead to loss of transactions with any slight mistake since they could be having no guide

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September 17, 2024, 03:09:02 PM
 #29

.
Network issues are not also an issue because every country has access to internet connections. Transactions might be slow, but banks make sure they have good internet connections. My country has a very poor internet connection but this has not stopped the flourishing of international remittance.
Am wondering what part of the world in diaspora those people are living that they haven't heard of Western Union transfers which anyone can sit at the comfort o their home having access to internet and do any transfer through their mobile app. People give excuses for many things these days that you can't really tell when they are actually intentional in doing something or not.

For people using bitcoin for transaction for the first time and considering the technicalities laced with bitcoin  won't that create bigger challenge for them which could lead to loss of transactions with any slight mistake since they could be having no guide
Western Union can't deal with every nation unfortunately, neither paypal or any other place. There isn't any places where it's all perfectly working all around the world and all of them have places that they can't get into and that is why crypto is better. I have done these a lot more and I think we can't really see this changing and we can make a lot more money if we could just deal with bitcoin.

It is not only something that you can deal with whole world without exception, like literally North Korea if you can, and also you can invest easily as well which is why I think we can make a lot of situation, we should be doing a lot better. We need to consider that just because there are western union or paypal or anything like that, doesn't mean we can all use it at the same time. This is why we need to be careful with what we are dealing with and not really focus on anything else at all. It's clear that it is going to be a tough situation.

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