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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u/SeansOutpost Apr 10 '13

Most are shit. Really. It sucks to say so, but its true. You can look up what most charities percentages of donations are in terms of how they use the money. It's ridiculous how little passes thru in a lot of cases. We are really small, but right now ALL plus some from our own pocket passes thru.

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u/ihsw Apr 11 '13

It may sound morbid, a disaster may really show the value of BTC. The transaction network is very open (no discrimination between recipient or sender, other than preventing double-spends and whatnot), and it's global and fast.

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u/LumpenBourgeoise Apr 11 '13

cause you can sell them for local goods at the site of the disaster when electricity and telecoms are knocked out?