Hmm, I like the idea but I am a bit skeptical...
Is there some kind of criteria for offenders in order to "reform" them?
Or any offender can just join in?
That is an excellent question.
The OP wants to raise money to help "reform" offenders a.k.a. criminals with the use of crypto.
Though it might sound like a good idea to some, I find it horrible and bad publicity for Bitcoin.
Bitcoin has enough connections with crime as it is.
You want to help the world and use crypto to do it then feed the hungry.
Give shelter to the homeless.
Not money to criminals.
What the fuck is wrong with you?
I am not saying they don't deserve a second chance, and that IS NOT what you are offering them.
If they want a second chance they have to work for it, and that literally means work for it.
And I am not saying that all offenders are the same.
But I think you get my point.
Also, why convert crypto to GBP?
Why not keep it in crypto so that all transactions are transparent?
Thanks for the post. You raise some valid points but I think you have totally misunderstood the concept. The money being raised on indiegogo is not for the ex-offenders themselves. The money being raised initially is to set up a crowdfunding site that will give ex-offenders a platform to raise money for all sorts of different charity projects. They will receive no personal financial gain whatsoever.
The idea is that by being involved in these sort of projects they will feel a sense of personal satisfaction which in turn will reduce the chances of them re-offending.
The idea is most definitely not to line their pockets, but instead for them to work selflessly for the good of others. And the only reason the crypto-currency will be converted into GBP is so that indiegogo gets to take their fee and does not remove the project for accepting crypto donations.
I hope I helped clear things up a bit...