Subnostr

Nobody would invest 10 BTC and not share equity. He doesn't own the cathedral, he owns some shares in the cathedral and so does everyone else who invested.

Large, complex, long-term projects will invariably require equity-investment.

You don't give him 100 BTC, he finds 10 people and they each give him 10 BTC, and they all enjoy the common profits and losses and they all get to use the cathedral.

If it doesn't work out, you are out 10 BTC and you have no cathedral. It happens. Shareholders get wiped out all the time. Maybe he has a heart attack and dies and construction is canceled, so they sell the building materials and you get 2 BTC back.

If it does, then you are still out the 10 BTC, but you earn income in the form of fees for classical concerts, tours, weddings, access to the great views from the church tower, or whatnot, and you have a cathedral.

If you are afraid of losing 10 BTC, just keep your BTC and go to someplace else's cathedral.

Laeserin 1y ago

This is already very common, by the way. Most churches and renovations of churches are paid for by the parishioners (who own the church) just giving money and hoping that they actually get a church building out of it and that the builder doesn't just grab the money and run. That is why builders put a lot of effort into establishing a reputation.

Look at the Frauenkirche, in Dresden. Over a million people donated money and it costed almost 200 million euros. Which would be almost 3340 BTC. And they got nothing back but a church. And that made them happy. Now they have a church and they go to the church and people come from all over the world to admire their beautiful church. And the businesses in the market around the church sell church models and church postcards and people sit in the cafes and sip overpriced coffee to admire their beautiful church.

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Discussion

ᴛʜᴇ ᴅᴇᴀᴛʜ ᴏꜰ ᴍʟᴇᴋᴜ 1y ago

if someone was proposing a credible church building project of the cathederal type i'd probably be interested in contributing to it also, and you betcha i would be glad to have a place to go be in the quiet and acoustic beauty of a proper cathederal and pray, light candles, and maybe even sometimes listen to a sermon

ᴛʜᴇ ᴅᴇᴀᴛʜ ᴏꜰ ᴍʟᴇᴋᴜ 1y ago

but er... yeah, ok, the denominations thing kinda puts that out of my likely interesting options

anyhow, meh! it was just about crowdsourced temple production, always the problem for me would be the corrupted orthodoxy

vinney...axkl 1y ago

Relying on altruism and voluntary donations is not a reliable method to fund a complex society - except in the case of churches and other domains where people's supernatural value systems distort their economic thinking. The expected spiritual payback exceeds the investment.