Post
Topic
Board Services
Re: Bitcoin 100: Developed Specifically for Non-Profits
by
Phinnaeus Gage
on 29/01/2013, 03:59:13 UTC
Bitpay has still not processed the withdrawl for MyRefugeHouse, and I don't think the director will promote it until they come through.  I know bitpay has been busy, and they are looking to hire more people, but it would be nice if they could speed this up a bit.

No way! I wish this was brought to my attention sooner, for I would have made a call. Surely, it's just an oversight on their part of some sort.

But you bring up an interesting point. One of the key roles that the new Bitcoin 100 will play as the acting liaison between charities that accept bitcoins and the payment providers is to resolve all issues on a personal level, hopefully always within 24 hours.

To give you an idea on how that would transpire, imagine the following conversation:

BitPay: BitPay. Debbie(?) speaking. How may we be of service to you today?
Bruno: Hello, Debbie(?). Bruno here. May I speak with Tony.
Debbie: I'll put you right through.
Tony: Bruno. What's up, dude.
Bruno: A minor issue with My Refuge House.
Tony: Will get right on it.
Bruno: Cool, dude. How's the family?
Tony: Great! Yours?
Bruno: Just fine. I'm a great-uncle again.
Tony: Wonderful. Anything else?
Bruno: Nope! Later, bud.
Tony: Later.

FIXED!!!

And there'll be other BitPay-type entities in countries that they're not servicing, for whatever reason, that will also be converting bitcoins to the local currency with zero fees. Bottom line, in a very short period of time, all NPOs/NGOs worldwide will never again pay a fee when accepting donations. Good-bye, PayPal! Adios, Dwolla! Aloha, all credit card entities! Plus, no more chargebacks. That accounts for no less than a 3% lost of revenue for charities that are in need. Basically, we're giving them 3% more capital to use at no cost, at a time when donations are getting harder to come by.

But, I implied a 10% gain in my earlier post, and I've yet to express how I envision accomplishing that--over and beyond the 3% I just mentioned. Stay tuned, for I'm about to introduce the impossible.

~Bruno K~