Post
Topic
Board Services
Re: Bitcoin 100: Developed Specifically for Non-Profits
by
Ente
on 03/06/2014, 12:22:01 UTC
Thank you, Bruno, Rassah and the rest of you, for keeping this up and running!
Absolutely, thanks to you guys.

Is it time for readjusting?
Just an idea I always wanted to see come to life:

1. make charities accept bitcoin over a public address.
2. top all donations toward that particular address with some more bitcoins from our funds, based on the ratio of received donations.

E.g. you have 2 organizations who accept bitcoin donations over addresses 1abc… and 1xyz…
In one month, charity 1abc… receives 6 BTC in donations, charity 1xyz receives 4 BTC in donations.
Out of our funds we donate 1 BTC per month (or some percentage of whatever we have) to all the charities, so 1abc… will receive 0.6 BTC from us and charity 1xyz.. will receive 0.4.

That way, we'd not only incentivize charities to accept bitcoin donations, we would also incentivize them to do so in a very transparent way over a public bitcoin address, which is one of the things I'd like to see from charities anyways. Also, donators would be incentivized to donate bitcoins rather than Euros or Dollars, since that would result in a higher donation from us chipping in.

Well, just an idea and probably a lot of hard work (which I'm definitely not going to do), but what do you think?

I like your thinking!
In effect, this would "make the rich more rich", and small NGOs with little donations receive little..

I guess the readjustment, should that be in the books, is defined by the manpower bitcoin100 has..

Ente