I signed up and bought a bit of PTH to show support of this idea, I do hope to see this succeed (or come across more choices such as this to do something good with my crypto)
One question though - besides the fact that it is difficult to find charities that collect cryptocurrency donations today, can you explain how this is different than hitting a "Donate with BTC" button to donate directly to a charity?
Thanks for your support!
Philanthropy is a bit different than charity; not all types of charity are philanthropy, or vice versa, (though there is an overlap). The main difference is that charity aims to relieve the pain of a particular social problem, whereas philanthropy attempts to address the root cause of the problem. An example is the difference between sending pain killers to malaria patients which is charity, versus educating the public in affected areas or supporting medical research teams in finding a cure for malaria, which are philanthropy.
We have set aside 10% of our future donations to Charity, but the majority will go into finding long term sustainable solutions to the problems.
This is very educating. Learning the difference between Charity and Philanthropy.