Post
Topic
Board Bitcoin Discussion
Re: Why not we donate some Bitcoin for corona virus?
by
Ryker1
on 01/02/2020, 17:17:25 UTC
[snip]
What I plan is very simple:

1 we collect Bitcoin.
2 we should know someone who can convert Bitcoin tol local fiat.
3 we then ask them to transfer that money to the needy or send foods and other necessary items to them.
Well, all of these are pretty good ideas if you have the credibility to hold the fund. Sorry not to offend you but of course, we need to have a trusted person who handling the fund. Or we can communicate any trusted organizations like charity to collect the fund and help Chinese people out there who were infected on the nCov. But I really impressed with what CEO Binance did. They have pledged to help victims of the coronavirus in Wuhan, China. Cryptocurrency exchange Binance pledged to donate 10 million Chinese yuan ($1.44 million) to the effort.[source]. Indeed, we can coordinate them (Binance Charity Foundation) to send the fund and they were directly sending help to the Chinese government.