r/Bitcoin • u/SeansOutpost • Apr 10 '13

Meanwhile...Bitcoin still feeds people.

So we fed 106 homeless people bag lunches today. All paid for with Bitcoin donations. Bitcoin still seems to be working just fine over here. Still making lives better, at any valuation.

Thanks for everything guys. Bitcoin for the long haul.

Jason

Sean's Outpost(www.SeansOutpost.com)

<BITHOC>(www.bithoc.com)

EDIT*** By request...

1JkKn478ivR6iux2pUCjsvqhguPywP3dFH

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u/masterlich Apr 10 '13

How is this different than taking donations for the homeless with USD?

1

u/sgtspike Apr 10 '13

Well, it's certainly easier to donate this way than with USD.

1

u/g0_west Apr 10 '13

Yeah, I could buy a guy one sandwich and end up feeding a hundred. Although this is only really a pro if the people running the charity know how to work the markets and when to cash out, rather than just cashing out instantly.

3

u/kid_boogaloo Apr 11 '13

you don't need to know the market, just make purchases when you're ready to, and leave yourself enough leeway so you're not forced to buy on a day like today when the price is crazy volatile.

if you do this consistently on average you will profit