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Author Topic: World Food Program USA Accepts Bitcoin and Dogecoin Donations After Funding Cuts  (Read 1147 times)

Online ABCbits

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I have a better solution for that money, like stop paying guys like
Barron Segar (President & Ceo)   $623,735   + $76,401 a total of  $700 000 a year.
or the Chief Philanthropy Officer who makes $373,023 a year.

They get 120 million in donations and they spend 10 millions in wages for their staff, this is ridiculous.

I can't disagree, when we don't know how many people decide to donate with Bitcoin rather than fiat.

Will they keep them until the end of the fiscal year, or will they be converted directly into dollars?

I just checked their website, but didn't find information about it. Although their news[1] mention they accept cryptocurrency through partnership with The Giving Block.

[1] https://www.wfpusa.org/news-release/wfp-usa-now-accepts-cryptocurrencies/
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Offline Stompix

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I have a better solution for that money, like stop paying guys like
Barron Segar (President & Ceo)   $623,735   + $76,401 a total of  $700 000 a year.
or the Chief Philanthropy Officer who makes $373,023 a year.

They get 120 million in donations and they spend 10 millions in wages for their staff, this is ridiculous.
I can't disagree, when we don't know how many people decide to donate with Bitcoin rather than fiat.

Well, we can do a poll right here, I mean what better crypto userbase can we have for such a poll?
But, just before that, let me bet on the outcome, I will say a flat zero!
I learned this the hard way on BTT, everyone was cheering for crypto being accepted as a payment gateway while nobody was willing to spend.



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Online Bobcrypto

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Doesn't change anything though, if they decided to accept crypto then good, but still the issue is that if there are donors that are going to this route or still prefer the old and traditional way of using fiat.

And this is not a work-around, all we can hope is that there are individuals who are more willing to help and put their money in a good cause or charity like the WFA.

Adoptions is a gradual thing despite the fact that some people will still choose the old way. It is a welcome development having seen that donations can be done through various cryptocurrency.
It has directly increase awareness for cryptocurrency, and it worth commendable and i think it actually will change everything about crypto adoptions at the long run. This is a good news.

Online ABCbits

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--snip--
Well, we can do a poll right here, I mean what better crypto userbase can we have for such a poll?
But, just before that, let me bet on the outcome, I will say a flat zero!
I learned this the hard way on BTT, everyone was cheering for crypto being accepted as a payment gateway while nobody was willing to spend.

I get your point. While BTT is just small part of cryptocurrency community, similar occurrence happened with Wikimedia (company behind Wikipedia) where they only receive about $130K donation in cryptocurrency, which is about 0.08% of total donation they receive[1].

[1] https://www.theverge.com/2022/5/1/23052309/wikimedia-foundation-stops-cryptocurrency-donations-wikipedia
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