Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Alpha on October 30, 2018, 12:50:01 PM
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Thinking in advance bitcoin could become more and more popular in the future. It is possible that it will be the most common topics more years from now. More people will celebrate bitcoin achievements and important uses. Its fast transaction and potential couldn't be denied.
Did you think it is possible in the future that bitcoin can be use as donation to countries affected by natural calamities?
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Yes of course it is possible but to make it easy and comfortable for the agency who receive i think we need to convert bitcoin donation into fiat so they can use the amount faster to the victims of calamity.
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I think before you sell bitcoin and donate the after-tax proceeds consider donating your bitcoin directly to charity , this model includes two singificiant benifits.
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Donating is indeed a noble thing, but at the moment bitcoin is not too widespread if it is used as a tool for a charity, except for giving through parties that understand bitcoin too
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the goal is good and very noble but here not many people know to process bitcoin to be fiat directly needed experts to be able to process bitcoin into fiat, indeed advantages over bitcoin will be cheaper for shipping costs than fiat itself but for natural disasters due to the nature it needs urgently so it must immediately quickly realize its funds to help the victims.