Bitcoin Donations [Episode 15]

I have not long ago came up with a new side-project for the Bitcoin Donations blog. This project would function like this – I find specific individuals through social networks who would like to receive Bitcoin donations. It would bring forth a bit more creativity for the Cryptanations Initiative. I would briefly chat to the individual, and determine what they need the donation for. At that time, I would donate the same amount of Bitcoin as I have previously donated to the non-profit organizations (3,000 millibits). This project would help acknowledge that it could be alike practical to donate to one person as much as donating to an organization that strives to benefit hundreds or thousands of people.

I started out this journey of giving by joining a community, and publicly offering to donate to anyone who resides in a third-world country and who would give me reasons why this donation would be meaningful to them. One of the first to respond was one individual who said that although he does not live in a third-world country, his nation could still turn out to be third-world if its economy would continue going the way it is (just paraphrasing his statement). Although he did not have much desperation for the donation, as he is already reviving government aid, I still have decided the individual is worthy of my 3,000 millibits donation to him. When asked what he would do with the donation, he replied that it would help him upgrade his current satellite internet connection. Furthermore, he stated that one of his plans is to run Antminer S1 to mine Bitcoin. So, perhaps this donation would additionally help him realize this desire.

For my upcoming alike posts, I am planning to follow a similar framework. I would leave anonymous the name of the individual to whom I have donated Bitcoin. I might only mention where the individual is from, for what reasons the individual plans to use the donated Bitcoin, and some other relevant information that would bring color and liveliness of my upcoming similar posts.

To keep it short and concise, I would attempt to make future alike posts in a case study style. A typical framework would look something like this (Subject To Change):

1) Proof of Transaction: …….

2) Brief Description of Recipient’s Familiarity With Cryptocurrencies: …….

3) Anticipated Recipient’s Use of the Donation: …….

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