Red Cross accounts for last year, several things:
- Over €500 million in grants, €475 million goes to personnel costs, 92%.
- Only 7.5% is health personnel.
- More than 4 million are going to pay the “Senior Management”, 64 people, 64k per head.
Never donate money to an NGO, they are simply businesses and the money never reaches its destination.
#Bitcoin solves this.
It’s always about the survival of the organization never about its supposed goal. That also works for OpenSats…
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