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Showing 10 of 10 results by Wonga
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Board Games and rounds
Re: 1000 BTC GIVEAWAY! From your friend rekcahxfb
by
Wonga
on 03/08/2016, 17:01:37 UTC
164dia2CDwBexGtD2r4C6Fmov7qoLrDBEe
Post
Topic
Board Legal
Re: Will a Charity mess with my taxes
by
Wonga
on 05/01/2014, 22:46:14 UTC
My wife's blog is called CrohnieBolognaIBD.  Here's a link: http://crohniebolognaibd.blogspot.com/

Between blog posts, she does stuff on her Facebook page here: https://www.facebook.com/CrohnieBolognaIbd

My 4yo son is Autistic as well.  So she also posts a bunch of stuff about Autism and such.


Sucks to hear that the CCFA sends out spam.  I've found it is very hard to find a charity that doesn't waste a portion of their money.  That said, my wife helps out the doctors down here by counseling patients and providing a resource to those looking for patient-perspective information.  These doctors are all very involved with the Take-Steps thing.  Ultimately though, being involved gives her a strong sense of fulfillment.  And I try to help where I can.  Hell...if she can support me dumping a grand on a BFL miner, and never complaining about it for the year it took to arrive.... I can do a couple things to help out her passions.

Regarding my original question, I found this wall-of-text on Reddit:
http://www.reddit.com/r/Bitcoin/comments/1uccfz/i_am_a_tax_attorney_here_are_my_answers_to_the/

I haven't read through it yet as I'm too busy watching the playoffs.  But I imagine it'll be helpful.  But it sounds like if I do a 1:1 donation, like I am planning, then it'll have zero tax implications on my family.
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Topic
Board Legal
Re: Will a Charity mess with my taxes
by
Wonga
on 04/01/2014, 23:04:31 UTC
I hope that's the case.  Let's just say when it comes to the IRS, I make very few assumptions :p
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Topic
Board Legal
Topic OP
Will a Charity mess with my taxes
by
Wonga
on 04/01/2014, 22:49:18 UTC
Hey all.  I know it has been a while since I posted.  I'm still looking to start a drive to raise funds for the local CCFA (Crohns & Colitis Foundation of America) here in San Diego.  I contacted the organization, and they do not take bitcoins yet.  (I'll continue working with them though)

Here's my previous post on this subject:
https://bitcointalk.org/index.php?topic=272614.msg2940084#msg2940084


So...my question is this:  If I set up a charity and actually get a decent response (My wild dream is to raise 10 bitcoins), exchange the bitcoins for USD through coinbase, will it affect my taxes?  or does it become a wash? 

Here's a link to the charity I was going to attempt to raise funds for:
http://online.ccfa.org/site/TR/2012TakeStepsWalk/Chapter-GreaterSanDiegoandDesertArea?fr_id=4397&pg=entry

The 'team' would be some combination of my wife's Crohns blog and bitcoin.  I imagine i'll have her hold up a giant printed bitcoin or something.  I dunno.  Still working on a concept that wouldn't come off as corney.
Post
Topic
Board Economics
Re: Creating a Charity
by
Wonga
on 15/08/2013, 17:06:05 UTC
disclose all information and use third party authentication

That's what I was thinking of doing at first.  Perhaps I'll run the charity annually and just not expect too much until I build community trust.  The next big drive is a few months out, so I have some time to work out the details.

I'm going to contact the SD CCFA and see if they will accept donations in BTC first.  I think that would be ideal.  That way the organization could convert the BTC to USD if they wish, or just use BTC to fund programs/research on their own.

I appreciate the suggestions  Smiley  I'm afraid I have more enthusiasm than knowledge, so your insight is very appreciated.
Post
Topic
Board Economics
Re: Creating a Charity
by
Wonga
on 13/08/2013, 16:13:12 UTC
Thanks Favdesu!  I was unaware of that site.

I'll try to contact Athene and see if they would be willing to set something up for btc.  Smiley
Post
Topic
Board Economics
Topic OP
Creating a Charity
by
Wonga
on 13/08/2013, 00:27:54 UTC
Hiya everybody!  I have a question for you.  I'm a longtime bitcoin fan/owner and forum lurker.  In that time, I have seen a lot of things that seem ... scammy to me.  What I wanted to pick your brains about is this:

If I wanted to create a wallet with the intent of turning the bitcoins over to a charity, how would I do this without seeming like a guy who is trying to abscond with your bitcoins for my own personal gain?

So far, the only idea I've come across is to try to get the organization ( http://www.ccfa.org/ ) to set up something on bitpay.  But I was hoping to have the donations flow through my wife's blog. (I guess this is my personal gain in this matter)  Unfortunately, the only way that would work is if I converted the bitcoins back to USD through coinbase or some other exchange.  Which is the part that would come off as a scam to me if I was a random forum lurker looking at this post from a crazy guy asking for your coins.

Any ideas or suggestions?
Post
Topic
Board Beginners & Help
Re: Alo Alo!
by
Wonga
on 30/07/2013, 00:08:49 UTC
Hello!  Enjoy the mining!
Post
Topic
Board Beginners & Help
Re: Do you feel cheated by BFL?
by
Wonga
on 29/07/2013, 20:17:03 UTC
I believe BFL has stated that they will refund your purchase only on a case-by-case basis.  And that pre-ordered products are non-refundable.

So, I guess the answer is maybe?  But they used the pre-order funds to develop their build processes, so they don't have the capital to return everyone's money.  Which was stated at the time of my purchase last October, I believe.
Post
Topic
Board Beginners & Help
Re: Do you feel cheated by BFL?
by
Wonga
on 29/07/2013, 19:48:24 UTC
I bought last October, and I don't feel cheated.  Disappointed maybe, but not cheated.  As long as I get the miner sometime in the next three or four months, I should still realize a ROI.  Just not as much as if I had gotten it in November.