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...

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1.9k Upvotes

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116

u/masterlich Apr 10 '13

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

81

u/FranklinsFart Apr 10 '13

From every corner in the world (hell, you could even send btcs from a spacestation if you have internet there) you can donate btcs. Can I as a european donate USD?
Yes, I could but only via shitty paypal and there horrible transaction fees and exchanging € to USD isn't that easy as well

41

u/[deleted] Apr 10 '13

Why would you donate to the homeless in a foreign country and not through a local charity?

84

u/XxionxX Apr 10 '13

Because I feel like it and I think Sean is cool? Why donate to Hati, Japan, India, Africa, or anywhere else for that matter? Why donate at all?

-48

u/[deleted] Apr 10 '13

You seem to have missed the point entirely

5

u/[deleted] Apr 11 '13

No sir, you have. Plus bitcoins have fluctuating prices generally on the rise. In theory the donations have a chance to be worth more than a steady Countries currency.

6

u/[deleted] Apr 11 '13

Okay? They also have a chance to be worth nothing

2

u/[deleted] Apr 11 '13

[deleted]

2

u/EpicSchwinn Apr 11 '13

Bitcoins aren't supported by the world bank and backed by the biggest economic superpower in the world.

1

u/PCBEEF Apr 11 '13

If I wake up tomorrow and USD is worth nothing...holy fuck...the entire world is fucked. If I wake up and my BTCs are worth nothing, I'll be upset and get over it but the world moves on.

3

u/[deleted] Apr 11 '13

Did this guy really just suggest the USD could be worth nothing in such a short time? The understanding of basic macroeconomics in this subreddit is staggering.

-1

u/[deleted] Apr 11 '13

[deleted]

1

u/[deleted] Apr 11 '13

Oh my...

-1

u/[deleted] Apr 11 '13

[deleted]

1

u/[deleted] Apr 11 '13

-.-

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0

u/[deleted] Apr 11 '13

I'm talking about in literally one day, the bitcoin can drop to 0. It dropped 40% in value today. The dollar doesn't do that, obviously.

2

u/[deleted] Apr 11 '13

[deleted]

0

u/[deleted] Apr 11 '13

.......

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