Post
Topic
Board Meta
Re: Get Donator status by donating 10 BTC
by
hilariousetc
on 12/03/2021, 12:39:22 UTC
Thank you for the feedback hilariousetc, I broadly agree with you. If somebody wants to part with some of their BTC holdings they can always find a good cause to donate to.

If anybody does make any donation no matter how unlikely of 10 BTC, do you know what will happen to those funds?

The new forum never was released, maybe work is still on-going but has it ever been made public how much forum staff get paid? Even with those expenses including web hosting fees was there any indication ever given about how much BTC are in the kitty and what plans are in place to use them either in the short or long term?


I believe theymos has mentioned what happens to it somewhere, but broadly speaking it likely just goes into the forum 'pot' to pay for forum expenses like severs and mods etc. However, the forum had millions in reserves years back when the value was sub 10k so I have no idea how much the forum holds now so the forum probably doesn't need the money like theymos has mentioned, but like I said before any money donated could be given to charity and it's a win win as there are multiple benefits to letting people buy a title that comes with the benefits of a higher account. There is a thread somewhere with all the forum treasurers and how much they hold so most of the money is public and a while back theymos did post a list of expenses but I think that was a couple of years ago. The new forum software is still in development but I have no idea what stage it's in, who's doing it or how much it costs. Around 10k per month total is paid to staff. I don't know the exact algorithm used to calculate payments but basically a very active Global mod can get around $1500 a month and a very active patroller or local board mod can get around $500. If you do nothing you'll get nothing. If you do a little you'll get a little.