(no title)
divbit | 8 years ago
- give directly
- redcross (used to at least)
- water project
- ..
(there are at least two others but I forget)
So hypothetically (assuming it would pass like sec / whatever regulations) at the right point in time you could make like a coinbase type thing that - buys $30 of bitcoin - automatically watches some exchange API until it appreciates to 'desired amount in US / GBP / Whatever currency you use' - makes the donation automatically at say 10x the value - gets 'the actual registered charity' to send you a non-deductible receipt for that amount, (non-deductible since you no longer 'have control of the coin once it's in the app', which would is essentially the price you pay for getting the increased amount of 'social-benefit', since it's 'going to hurt' to see the potential missed profit, even though the alternative would be to lose the $30 at the earlier time in just a 'tethered' amount)
There is a 'large benefit' to automating / appifying this process to people in that, putting such a system together in one place could lessen the dangers in a manual process of doing this like: lost receipts, hacked exchanges, constantly watching prices, actually dealing with crypto.
In any case, my point is that, given that there is probably 'some good potential to bitcoin (although it might require a team of some creative / dedicated thinking at the right time)' it seems that there might be some benefit from viewing it less as an entrapment / tracking device, and more as a tool for social benefit, and thus making a strong push in the warnings / regulations area to get people on the social benefit track of it's potential use rather than the negative aspects of it. To restate: you have the choice of either guiding bitcoin use towards being a law enforcement tool, or towards being a social benefit / solve world problems tool. I think the recent SEC exchange warnings thing is probably a step towards pushing it in the right direction... (potentially there are some deep sci-fi strategic reasons for viewing crypto-coins in a certain way in terms of desired world progress in a certain direction, which would be interesting to think about).
divbit|8 years ago