[OT] bitcoin donation

[John Colvin via Digitalmars-d-announce]

On Wednesday, 25 November 2015 at 02:33:24 UTC, deadalnix wrote:
> On Monday, 23 November 2015 at 12:11:36 UTC, Steven 
> Schveighoffer wrote:
>> One could ask the same thing about any currency that isn't the 
>> one accepted at a store.
>>
>> I looked with a tinge of fascination at what bitcoin was a 
>> while ago. I think there is a natural averse reaction to 
>> something that is valuable but that you cannot understand.
>>
>
> Don't be confused. Krugman do not understand bitcoin, but 
> Krugman think that terrorism and riots are good, that the 
> internet will never work and that there was no bubble in 2008, 
> so I think is it fairly secure to ignore him.

I'm not 100% convinced by Krugman in many cases, but I'd say 
you'd have to be pretty confident in your own economics knowledge 
and intellect to dismiss him entirely, considering his standing 
among his - almost by definition also very knowledgable and 
intelligent - peers.

> Many other economist have model that explain bitcoin's value.
>
>> I know bitcoin has real math and genius behind it, and this is 
>> a silly example, but for those who do not understand how it 
>> actually works (including myself), it seems very similar in 
>> nature. Dollars (or whatever local currency you use) are 
>> understandable, and generally accepted at places where I shop. 
>> It's easy to see how one cannot duplicate them without 
>> evidence of doing so (the fundamental characteristic of 
>> currency). Online bits don't seem so uncopyable.
>>
>> -Steve
>
> Most people to not understand fractional reserve, bond 
> emission, or how credit card works. I think that's ok.

I think a lot of the nonsense in the public discourse on 
economics and associated policy can be attributed to the speaker 
not understanding these basic systems, or the target audience not 
understanding. Most people don't even know what a bank really is, 
but they sure do hate them...

> Back to the point, one of the value of bitcoin is to be able to 
> transfer money internationally easily and for cheap. People 
> that do have USD to spend on digital mars do not care. People 
> abroad do care.
>
> Now I don't expect that accepting bitcoin will create a giant 
> wave of donation, but, if anything, it is always good PR and 
> not complicated. There is also no reason to refuse a donation 
> or to make it more complex to do a donation.
>
> Andrei, Walter, if you need help to navigate the bitcoin 
> ecosystem, you can reach me, I can help.

I agree, bitcoin would be a good donation mechanism to support.