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Rashel

Is crypto going to be the new age of charity?

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Since transaction using blockchain is very much convenient,and since many are dealing with crypto now,giving donations through it is easier for them do it can be one good way of giving,or an alternative only but not really to be based on it as cash are still needed.

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Of course. This is a good idea. As we all aware about the fact that crypto currencies have a great popularity among all the people now. So if they include this a  charity donations method then it can bring also great affection for the common people to know more about it.  And this way we will be able to publicise it and also help the charities. 

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On 11/10/2019 at 6:47 PM, Rashel said:

Many organizations are adopting bitcoin as a method of receiving cryptocurrency. For example. Unicef adopted bitcoin for donations.. So what is the future of charity? Will it be based on bitcoin? 

Not only charity ... Every form of bussinesses ,infrastructure, buying ,selling will be adopted in crypto currency (Bitcoins) many more organisations and bussinesses are starting to adopt it as there is a huge potential in crypto currency for the mass population of the world

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Yes, cryptocurrencies will contribute to a lot of charitable work, and this has been proven by recent donations made by many people to support treatment against the Corona virus that has afflicted the world. This is evidence of the bright future of cryptography.


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I have also found that so many charity related organizations are inspiring people to donate money in the cryptocurrency. This sort of the activities clearly prove that cryptocurrency is going to be useful for every fields in this world. 


 

 

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I think bitcoin can become the future of charity as it is a modern means of payment and the world keeps evolving everyday more and more into a computer age and soon, everybody will be using bitcoin as a means of payment.

Edited by Bruno52

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Everything can be, but I think that we need a system of protection for such charities, since many people will take advantage of the fact that such organizations accept cryptocurrencies and will launder money.

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Using Bitcoin for donations is a great and more reliable idea, as you will not find anyone who portrays himself as he gives donations to those in need so that he gets fame.

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In my opinion Crypto will to be the new age of Charity. Right now it is so hard to say something. But there are a lot of opportunity here and people should use it. 

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We all should do charity works doesn't matter it's in Fiat currency or in cryptocurrencies but charity through cryptocurrencies makes the whole process more flexible for many peoples. They can send money to UNICEF from anywhere.

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Yes for sure ! because in this field development is required ! so if we still in the same steps nothing will happen ! we have to develop this field in any ways to make it better  !

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On 11/10/2019 at 7:17 PM, Rashel said:

Many organizations are adopting bitcoin as a method of receiving cryptocurrency. For example. Unicef adopted bitcoin for donations.. So what is the future of charity? Will it be based on bitcoin? 

Crypto is a great invention for now. It connect people from anywhere in the world. Also they can invest on any Blockchain project. Also we can donate to helpless people.


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I think that the future of bitcoin could be that it is implemented in all forms of payment, be it at online stores or even in retail stores, and not just for donations. In my opinion, organizations such as UNICEF have introduced crypto as a form of donation because they understand there is a large user base of crypto and by introducing this into the system they are broadening the number of people that can donate and they are promoting donations. There are essentially reaching out to a larger audience.


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This actually shows that people are getting to know about bitcoin, well bitcoin being used as means of donations, this shows that there prefer getting donation through bitcoin because there want no one to know how much there get through the means, as bitcoin offers privacy to transactions.🤷🏻‍♂️🤷🏻‍♂️


 

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If any organization wans to collect donation from the whole world then online method is best and useful method of the world. In this regard Bitcoin can be great and easy currency. For donations. So it can be currency for charity.

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Perhaps it is possible that Al-Athdhaa has become dependent on these currencies as one of the possible means of payment and this needs to evolve as long as they depend on them now and this project will expand. It may not take some time for Bitcoin to be accepted as one of these payment methods


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The future of cryptocurrency is bright in the aspect of charity, this make it easier and faster to give out charity without any form of filling cheque

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 I don't think so, as long as we are both gets benefit to it and also crypto is growing because of us. We cannot say that it is a charity for the developers to become richer. Always use crypto in good use and maximize its capacity well. And also follow the rules for netiquette.

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Yes it could  be .  Mostly organizations will adoped bitcoin  for the purpose of charity.  As they can get more funds from all over the world  for their purpose. 

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It may well be, especially for those organizations where all donations are accepted anonymously, cryptocurrency will be very useful.


 

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I think cryptocurrency are will be the new age of giving out charity because of it's privacy when it comes to decentralization and also anonymous when making the transfer.

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On 11/10/2019 at 9:17 PM, Rashel said:

So what is the future of charity? Will it be based on bitcoin? 

I think it will be good if charities will also base the donation in bitcoin. Well, for me, if they will base it to bitcoin, there is a big possibility or chances that while they are getting or receiving donations, they can also make it grow like investing or trading. Through that, they can make the donations to them grow and use it for the charity works they need to do and to sustain the needs of the people under their charity.

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In my opinion, the organizations that deal with charity have done very well to add this payment option with Bitcoin in order to reach more and more users even those users who want to donate but at the same time want to remain anonymous,it was a good choice


 

 

 

 
 
 

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Since the beginning of this year, with the spread of the Corona virus, many health organizations have relied on cryptocurrencies as these organizations were requesting donations through bitcoin, in addition to that it was recommended by the World Health Organization to use cryptocurrencies and stay away from paper currencies for a period of time and I am sure that All healthcare organizations will rely on coding in the future

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