4 ms·

You're raising money on behalf of other people and, presumably, pocketing some of it (even if you're say you're not, how do we know for sure?) Brave is doing th

You're raising money on behalf of other people and, presumably, pocketing some of it (even if you're say you're not, how do we know for sure?) Brave is doing this sort of thing too with their attention tokens and it strikes me as super shady. "I'll totally give it to them, honest!" doesn't seem good enough. You wouldn't get a fraction of the money you asked for if you didn't have the Wikipedia and EFF logos on that page.

cocktailpeanuts 9y ago
That's what Ethereum is for. It's completely public and can't be tampered with, so you can check exactly where the money is going. Btw. most people people who don't know Chinese will think "Hong Bao" is some guy. Bad branding for what it's trying to do. Gives the wrong impression that we're giving away money to some guy named "Hong Bao" who's promising to give it to Wikipedia and EFF
- Florin_Andrei 9y ago
  So what does it mean actually?
  - faitswulff 9y ago
    They're red envelopes of money that are handed out during Lunar New Year in some Asian countries: https://en.wikipedia.org/wiki/Red_envelope https://en.wikipedia.org/wiki/Red_envelope
  - deleted 9y ago
    [deleted]
- tree_of_item 9y ago
  > That's what Ethereum is for. It's completely public and can't be tampered with, so you can check exactly where the money is going. Except the page admits there will be a delay of a month before the proceeds go to the EFF, and that transaction is NOT on the blockchain, as the wallet is "sold" and the money is, perhaps, donated to the EFF. So you can't actually check.
joelrunyon 9y ago
Technically isn't this what adsense does? Sell ads + give some to creators? If they don't give it to creators...the creators won't promote them. They need the evangelists.
vincentchu 9y ago
Thanks for the feedback. I didn't mean to be shady (honest)! The main problem is that the EFF doesn't have a publicly disclosed Eth address (they do accept BTC) so I just decided to support them by pledging to donate to them. Of course, nobody on the internet knows you're a dog, nor if you're honest ... :/
- otoburb 9y ago
  Good news is that atomic cross-chain swaps[1] will soon be possible, although even today you could presumably use ShapeShift or Changelly to convert from ETH to BTC while we all wait for BTC-ETH Lightning atomic cross-chain swaps to mature. [1] https://blog.altcoin.io/the-first-ethereum-bitcoin-atomic-swap-79befb8373a8 https://blog.altcoin.io/the-first-ethereum-bitcoin-atomic-sw...

cocktailpeanuts 9y ago

That's what Ethereum is for. It's completely public and can't be tampered with, so you can check exactly where the money is going. Btw. most people people who don't know Chinese will think "Hong Bao" is some guy. Bad branding for what it's trying to do. Gives the wrong impression that we're giving away money to some guy named "Hong Bao" who's promising to give it to Wikipedia and EFF

Florin_Andrei 9y ago
So what does it mean actually?
- faitswulff 9y ago
  They're red envelopes of money that are handed out during Lunar New Year in some Asian countries: https://en.wikipedia.org/wiki/Red_envelope https://en.wikipedia.org/wiki/Red_envelope
- deleted 9y ago
  [deleted]
tree_of_item 9y ago
> That's what Ethereum is for. It's completely public and can't be tampered with, so you can check exactly where the money is going. Except the page admits there will be a delay of a month before the proceeds go to the EFF, and that transaction is NOT on the blockchain, as the wallet is "sold" and the money is, perhaps, donated to the EFF. So you can't actually check.

joelrunyon 9y ago

Technically isn't this what adsense does? Sell ads + give some to creators? If they don't give it to creators...the creators won't promote them. They need the evangelists.

vincentchu 9y ago

Thanks for the feedback. I didn't mean to be shady (honest)! The main problem is that the EFF doesn't have a publicly disclosed Eth address (they do accept BTC) so I just decided to support them by pledging to donate to them. Of course, nobody on the internet knows you're a dog, nor if you're honest ... :/

otoburb 9y ago
Good news is that atomic cross-chain swaps[1] will soon be possible, although even today you could presumably use ShapeShift or Changelly to convert from ETH to BTC while we all wait for BTC-ETH Lightning atomic cross-chain swaps to mature. [1] https://blog.altcoin.io/the-first-ethereum-bitcoin-atomic-swap-79befb8373a8 https://blog.altcoin.io/the-first-ethereum-bitcoin-atomic-sw...