Quote from: GarrySingh on February 08, 2018, 05:20:02 AM

Quote from: imadmirer on December 24, 2017, 02:26:09 PM

The point is to keep a bitcoin separately for donation to the poor. Donating a bitcoin directly will make sense if the receiver is aware of the functioning of bitcoin and Cryptocurrency. A poor and / or needy man can be sometimes an educated man or a knowledgeable man who is struggling to meet his ends. Bitcoin can otherwise be encashed and given to the poor.

It is always better to think big. I would rather create a trust or try to invest in healthcare or education of a poor child. All quick helps will not last long. Educating one child by spending a $25000 or more will reap great benefits to the society in comparison with feeding a whole lot of people once with the same money. Though it is not bad to feed but it is better to invest in a system that more than once continually feeds.

Yes I will donate Bitcoin to the poor and needy the way I feel is best useful for them. One percentage of the income can always be set aside for donation. After all, life is short and it is best to help as much as we can.

The thought of donating to the poor sounds good but again the poor might need a costlier device to gain access to your donation. However if the donation is done through hardcash or through cheques, it would help better.

It would be stupid to donate Bitcoin directly to the poor. It doesn't make any sense. Cash or goods/services is better.