Bitcoin100's dilemma: Too many bitcoins, not enough charity
Dmitry Murashchik is faced with quite the problem. He's sitting on more than $30,000 (US) in bitcoins, just waiting to dole them out, but everyone thinks he's a snake-oil salesman. Perhaps it's because he's dealing in bitcoins, and public perception of the crytpocurrency is still shaky. Or perhaps it just sounds too good to be true. Murashchik is the treasurer for Bitcoin100, an organization dating back to November 2011 that aims to donate $1,000 worth of bitcoins to various charities. As a volunteer - all members of the group are - he's tasked with a number of responsibilities, from....
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An old story about bitcoin charities and stolen coins resurfaced this week, with Dmitry Murashchik, Director of Bitcoin100, telling Forbes that he suspects a large donation might have come from a 2013 exchange hack, but he has no way of knowing for sure. The 180 BTC donation in question took place in January 2013. At that time, the total value was under $3000, but it would be closer to $150,000 at today's rates. Murashchik, better known as 'Rassah' on the BitcoinTalk forums, has operated Bitcoin100 since 2011 as a means to promote more widespread bitcoin use and demonstrate its....
Bitcoin and the Future of Cryptofinance, one of the three cryptocurrency Meetup groups in active Austin community welcomed a special speaker this week. Dmitry (Rassah) Murashchik is Community Manager at Mycelium, Director, Treasurer, Accountant at Bitcoin100, and CEO, CFO at TozoniMAGLEV. Dmitry is well respected in the Bitcoin community and sometimes known as “the guy who has a Prius with the Bitcoin license plate.” Dimitry reveals interesting insights about Bitcoin100, an organization that “exists specifically to convince new charities to start accepting bitcoin donations.” Bitcoin 100....
Charity initiatives are fine, but there is the little problem that charities need us to give them money, any kind of money, as they're not in the business of being that fussy, and getting people to give them money is not easy. I may have a solution, and I'm going to thank that great man, Benjamin M. Lawsky, the New York Superintendent of Financial Services, for giving me the idea. This idea potentially would allow the Bitcoin community to benefit from good publicity and, to be fair, we badly need that. For many years, there have been concerns about the existence of 'dormant' or' lost'....
During the Inside Bitcoins Chicago Conference, BitGive Foundation announced its newest initiatives in spearheading charity projects using the cryptocurrency. BitGive Foundation founder Connie Gallippi presented their results with the charity efforts in Kenya, as well as their plans for The Water Project. In Kenya, BitGive was able to conduct a fundraising process for a water well to the Shisango Girls School with the help of BitPesa and Libra. The 3-minute video she shared illustrated how bitcoin and the underlying blockchain technology has been able to transform lives in the country.....
Hotelgo24.com is a unique online booking service which gives away Bitcoins for every reservation. Now, it allows user to donate Bitcoins to a chosen charity organization. Hotelgo24.com provides an easy-to-use website with comprehensive compilation of hotel rooms in nearly any city across the world. Booking does not require registration. The service....