Post
Topic
Board Bitcoin Discussion
Re: Donation Opportunity - Philippines
by
thddx
on 11/11/2013, 04:12:57 UTC
From what I read, Dabs to seems to be a solid guy.  I sent a BTC his way earlier.  Here is more distinctive link to his thread:

https://bitcointalk.org/index.php?topic=300631.msg3519767#msg3519767

The primary objective should of course be to provide aid as quickly as possible.  If we were to dump 3k coins on Dabs, he might not be able to immediately use everything.  It would however provide a sustained stream of funds which could be put towards long-term recovery.  Hell, if Dabs were able to pull off rebuilding a school with BTC, not only would it be an effective use of funds, but also it would be excellent publicity for the currency.

There is no red tape; there are no frozen funds; no bank transfer delays; its people having the power to circumvent third parties and apply aid almost directly to a problem.  People might just begin to see the value of BTC beyond a speculative vehicle for profit-seekers.