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    Author Topic: Bitcoin 100: Developed Specifically for Non-Profits  (Read 262823 times)
    Phinnaeus Gage (OP)
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    Bitcoin: An Idea Worth Spending


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    December 02, 2011, 08:22:13 PM
    Last edit: December 02, 2011, 08:38:41 PM by Phinnaeus Gage
     #201

    I'm fine with any charity that doesn't have religion as one of their main 'selling points'. But I guess that goes for most charities. I'm not familiar with most of the posted charities though. Can someone confirm this?  

    Noted, in re., the religious aspect. As far as the charities mention in the OP, they were penned in for example purposes only. In fact, NPR is a bad example because each city/regional NPR station conducts their own drive, thus making it impractical for us to approach them. Again, the list in the OP was generated during the brainstorming process of Bitcoin100. That is all.

    Why are you capping it at such a low dollar amount? To me 1 bitcoin means 1 bitcoin, not 1 bitcoin worth of usd as of such and such a date as shown on X exchange during the time frame y-z.

    Imagine if the exchange rate goes up to where it was a couple months ago, about 10 $/btc, you could go to the charity and say "if you start accepting bitcoins for donations, we have lined up at least $1000 worth of donations right away." 1000 sounds alot better than 314.15

    I knew I should have stated in the OP that no algebra was allowed on this thread. Now I need to address these constants and variables.

    First off, Peter, I've expressed that the total will not be least than $314.15 USD. Just consider it as an arbitrary figure. Sure, we would love to offer more, which is not outside the realm of possibilities but, at the onset of this endeavor, I've opt to pull that recognizable figure out of my butt to use as a discussion reference, opposed to having that figured written in stone. The bottom line is this: I needed a place to start, and having members comfortably pledging, then donating, to the cause(s). Once that happens, I'll be in position to 'con' more Bitcoin value from this family as time passes.

    I hope that this addresses your questions and concerns. Feel free to drop me another post, for I'm sure I'll be able to conjure up an answer to your liking. One more thing. Make sure you don't mention my plan to the other members on this BBS. Also, I'm not that versed with modular curves.

    Bruno
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