Post
Topic
Board Altcoin Discussion
Re: Italy is using blockchain to fight
by
20kevin20
on 21/03/2020, 17:21:21 UTC
See I'm not in support of any donation right now because there is not 100 percent guarantee that this donation is going to be used for fighting Coronavirus, it might be another trick by crypto scammers
Have you heard of the Red Cross? If they start a fundraiser and the legit Red Cross is behind it, the chances of a scam are very close to 0.



Blockchain donation campaign sounds good, but imho it only sounds good when the times are good as well. But the headache crypto donations bring may not be worth it, especially because the donations paid in crypto will always be lower than those in fiat. The entire world is using fiat while we only have a few hundred thousand (the number may be even lower) crypto users.

Unless there's a Bitcoin millionaire out there who wants to spend their BTC on a charity, although I doubt it.

Compare this with sending gold for free to the Red Cross as a donation. Maybe in good times you would, but would you do that now rather than sending an SMS/bank transfer donation?