Notre Dame Fire Donations – A Terrible Reason to Burn Your Bitcoin
Over a billion dollars have been raised for the reconstruction of Notre Dame.
People with deep pockets have seized the opportunity to throw their money around, and Binance refuses to miss a marketing opportunity. The exchange has an ongoing campaign to raise donations from the crypto public and its users – either anonymously or not. Unfortunately, the anonymous option doesn’t come with the ability to send privacy coins. Only Bitcoin, Binance Coin, and Ethereum are accepted for donations.
French government may accept bitcoin donations. CZ is on it
The French government is looking into accepting crypto, Bloomberg reports, but the roughly $17,000 raised by press time is probably not that attractive yet. Presumably, the exchange will convert the donations to fiat before sending them on to one of the four organizations who are licensed to collect donations, assuming they don’t allow for crypto donations by then.
But is this a good use of our crypto? Do we all agree with CZ’s assessment that “bring[ing] crypto to religion” is a priority?
Reading the comments, please understand Charity is not exclusive, or obligatory. Feel free to choose the program you wish to donate to.
If we can push crypto to the last mile of Cathedral building, it's the ultimate #adoption.
Bring crypto to religion! https://t.co/3OrvyAEUXW
— CZ Binance (@cz_binance) April 17, 2019
Cui bono? It seems an obvious question here. Binance wants to look like a humanitarian effort. They should probably pledge some of their massive proceeds. If they’re going to make a splash with crypto, they should find a way to donate more than the $1 billion raised by the rest of the parties.
But why should everyday crypto people donate to something like this? Cui bono?
