Post
Topic
Board Bitcoin Discussion
Re: Will you donate Bitcoin for the poor and needy?
by
KesoNie
on 04/01/2018, 10:16:38 UTC
That is nice to offer bitcoins for like charity and so forth. I know there are some well established charitable companies that will take bitcoins as donations. Now the issue i worry about is the fact that most of this organizations that i spoke of might not know how to properly handle bitcoins so they might sit on them till some accounting person noticed them. That i fear would make my donating to a local cause like hurricane victims a long drawn out process.
Why not? It can be a good idea but then we have to be practical enough that we can't easily give the bitcoin to the needy especially if they don't have much idea on it. I guess the best thing to do is to educate them because it can be a good start for them to attain something and overcome poverty.
If I have a huge of coins I own and I know that is already excess to our needs then why I shouldn't give it or donate it to the poor. And I am hardly love to help those who truly in need like those who haven't have the potential to find a decent job to sustain their needs. But I guess I will help them in terms of food and donating in charity.