Post
Topic
Board Bitcoin Discussion
Re: Tipping homeless people with Bitcoin paper wallets
by
ahmedjamal1998
on 29/06/2017, 02:11:25 UTC
No that's not a good idea.

Using those coins needs:
a) a computer
b) with internet access
c) knowledge how to redeem it.

Literally 98% of them would just coil it around and have fun.
The remaining 2% would resell that "piece of paper" if they know it has value.

Want to help ? Do it in a reasonable way.

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One line that caught my attention though is this :

who are whales and want to help the cause handing out some paper wallets on a daily basis

Why would those so called "whales" go through that painful process of sending small amounts to new addresses, get the keys of each of them onto paper AND on a DAILY basis !!

Too much work while they could just donate to a charity or give them cash on their way to work.