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Rashel

Is crypto going to be the new age of charity?

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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? 

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Charity is such thing that accept everything what may help. I'm not surprised they accept crypto too, but I doubt they will move just on crypto. Clothes and food will always stay in demand. 

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Most charitable foundations accept donations from around the world, and transferring funds between countries is very time-consuming in the universe of traditional finance. Blockchain, as you know, significantly reduces operating expenses and accelerates the flow of funds, not to mention transparency.

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As this does not happen I do not see any objection to this and I find it will be a great success and the demand of all traders who deal in cryptocurrencies

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Life is great and enjoy it

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It would be great to use cryptocurrencies
For charity and use in charity
I think that will be popular over time

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The popularity of crypto-currency  is growing to day by day.Many country already take proper steps to increasing it and also give the opportunity to using it.It also be half done.That day is not far away when crypto is going to be new age charity.   

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I don't think the beggar will have a wallet or a smartphone, so it will be successful for charities, but as people I don't think it will work.

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THINK POSITIVE

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10 hours ago, 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? 

There's a lot of way to help on charities but bitcoin played it more because if it will base on crypto, the value of it may go high when the price goes up.

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Not only UNICEF that uses bitcoin for the donation but i hope in the future the other digital currency like crypto can be payment for local transaction. I ever heard that my friend in this forum can buy his pet by BTC, so i believe that the use of digital currency will spreaded throught out the world.

Edited by fajarriadi
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14 hours ago, 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? 

i think you are right.. so many crytpo lover and coin owner charity so much.. some of coin are really launch for charity... i saw a coin which one made for just help charity funds like charity and paws coin which made of help animal they charity so much for animal welfare and i saw one of my favorite coin which name vitae they also charity so much cause i follow they so many months that's why i know so much... and so many organization are adopting bitcoin for receiving cryptocurrency that's so much good for charity and receiving money..

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maybe that will happen, crypto will be a new age of charity, this is very interesting to try, if it really happens it's very unique, and I'll try it.

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There is no doubt about it. Especially it is now being utilize by modernizing countries. More people are now using crypto as their daily use. So for me, crypto will be definitely use worldwide in transacting money.

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16 hours ago, 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? 

It is possible because through cryptocurrency you can donate anytime and anywhere especially through cryptocurrency you can do anything anonymously.

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In some countries that bitcoin is not illegal this can be used and accepted as a donation purposes because it's not prohibited.If bitcoin in the said country is legal then probably they can used it anywhere because there is merchants that can freely set up a business.

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Maybe. Our difficulties that will face BTC charity based on governments and banks especially in the third world countries 

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That will be possible if and only if companies and organisations started to accept and acknowledge bitcoin and other altcoins as part of the modern payment system. Those are really helpful in a way they are use to good activities. 

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I think that is good. For many people it will be more comfortable way to donate money. But i think if someone really wants to donate, so them would change crypto for state currency, for example. 

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17 hours ago, 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? 

I think for organizations like these, stablecoins would suit them better, as Bitcoin (and some others) are notorious for their fluctuating prices, and these organizations might be tempted to just hodl them for profit instead of converting them immediately to food, clothing, etc. But if they'll do otherwise and just convert them to necessities without regard to cryptocurrencies' current price rate, good for them.

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It will surely happen and i think in the future the cryptocurrency will be use to make for a lot of services and government coukd take advantage of it and make a law to add tax and definitely againts privacy coin since it cannot be tracked.

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It is untraceable and unidentifiable, nit all people giving charity want to be know to the public that is why Bitcoin seems to be a good option for them to pay charity

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Bitcoin is very supportive of many things, this is the money of the future. Bitcoin has a feature that cannot find out who the sender is and is very popular for those who want to donate without being identified

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Using Bitcoin for charity is a good thing, Binance also has a charity foundation and I think using crypto for good things will make crypto better known to everyone

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Well, you can donate some bitcoins in the charity, they can exchange it if they are not using crypto as a payment, this is a good step for them its because they have gain some informations and also they can adopt crypto.

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Yes why not, bitcoin now is used in many ways even the bad things, the charity is good place if anyone wants to help some poor people 

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Of course it will be. Because in crypto can be transferred from anywhere within a minute so this is the best option for donations now

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