Post
Topic
Board Bitcoin Discussion
Re: Will you donate Bitcoin for the poor and needy?
by
heninur
on 14/02/2018, 22:38:03 UTC
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.
sharing sustenance is a noble treatment, and giving happiness to others. Especially if our income from bitcoin is more than enough, so it is our duty to help people in need.
But I think, before we help others, it would be better if we provide assistance to the closest people first such as parents, relatives, then others. I think it's better to give them cash than to give them a bitcoin, so they can use it more easily.