Thanks , I was experimenting with something , no offence intended at all 🫂🙌🏽

So and so 🤝

Gm 🫂💜☕️

Good Morning 🌞

It's an option but that I also see Monero as an option for transactions at least. I don't see why we can't hold our wealth in Bitcoin by default and then switch to Monero if we're going to be making a lot of transactions. That's why I can't really get behind the "no second best" mentality. I like Bitcoin because I see its benefits and thus I support it, but I also think that there are benefits to a few altcoins like Monero for privacy.

How could there be a debate about this?

Thanks for explaining yourself well 😉

Yes donations will be spent (in most cases)

Most smaller charities do not yet have an endowment or have even thought about strategic future funding plans.

So in 90%+ of the situations most charities will 100% spend the donations.

Which is to my point in some respect; if we donate in BTC that isn’t necessarily the easiest way for a charity to spend the donation.

—-

I’m not looking at your OP but I THINK you mention Charity Water or similar larger charity that accepts crypto.

For those larger ones, and CharityWater is even more unique as they have separate operational and missional budgets / donors, they are better off keeping the BTC for future strategic funding.

And CW specifically, does a lot of their work in developing countries wherein BTC is a medium of exchange. So they may have more opportunity to utilize (spend) the donated BTC with less friction.

—-

Those where my thoughts when I first read your post 😁

Gm

Mirëmëngjes

Բարի լույս (Bari luys)

Egun on

Добрай раніцы (Dobray ranitsy)

Dobro jutro

Добро утро (Dobro utro)

Bon dia

Dobro jutro

Dobré ráno

Godmorgen

Goedemorgen

Good morning

Tere hommikust

Hyvää huomenta

Bonjour

დილა მშვიდობისა (Dila mshvidobisa)

Guten Morgen

Καλημέρα (Kaliméra)

Jó reggelt

Góðan daginn

Maidin mhaith

Buongiorno

Labrīt

Labas rytas

Gudde Moien

Добро утро (Dobro utro)

L-għodwa t-tajba

Dobro jutro

God morgen

Dzień dobry

Bom dia

Bună dimineața

Доброе утро (Dobroye utro)

Добро јутро (Dobro jutro)

Dobré ráno

Dobro jutro

Buenos días

God morgon

Günaydın

Добрий ранок (Dobryi ranok)

Bore da #Nostr 🫂💜

It's all about donations.

So in your opinion, if we collect donations, will you keep them?

In my opinion, most donations that are collected are spent.

If he collects donations and doesn't spend them, this proves that he's going to invent situations to carry out this collection.

Because before any collection is initiated, there's already a budget plan in place that proves what the money will be used for.

For example, I had to launch a campaign to treat my friend's dog, Brownie.

So what do you think? If people contribute and I collect donations in Bitcoin, am I going to spend them on saving the dog or leave the Bitcoin untouched and let the dog die?

The answer is no, because I can't collect the Bitcoin and then let the dog die, because that wouldn't be a good thing.

When you collect money for something, you spend it on the purpose for which it was collected, and at the end of the process you make a report to everyone who contributed.

Proving how the donations have been used is what creates transparency.

Are these charities keeping the donation in Bitcoin though?

If not, how is transparency retained post gift?

I too am building a charitable foundation utilizing blockchain, but until 100% of in and out remains in BTC as an example; transparency is not an ideal selling point.

your profile is sooo dodgy for #nostr, very spammy imho , but who am I right

mbh i am half believing your human.. but here's the test....

Yes.

can you translate Romanian to Latin and then to German

Give me the npub of your creator

I just went to zap a YouTube video and.... well you can't.

You just can't.

Sats.gg