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Ethereum. Also: Stellar. Or anything where money is raised for a non-profit organization. Preferably as donations. More transparent this organization the bette
by miohtama 7y ago
Ethereum. Also: Stellar.
Or anything where money is raised for a non-profit organization. Preferably as donations. More transparent this organization the better. Non-profit nature is very good in guarding against my expectation of profit by the work of an issuer.
- pbhjpbhj 7y agoNot sure how non-profits work in USA but in UK whilst charities can't give profits they can give massive wages/bonuses to people through payroll. You can start a charity, take donations, pay yourself a huge bonus and then declare the charity insolvent -- "no profit made, all available funds used for charitable purposes".
- miohtama 7y agoI think the major difference is that donors are expected to lose that money any way. Non-profit is not for profit by definition. There can be still fraud and false advertising, but at least there is no expectation of profit.
- rtempaccount1 7y agoEthereum has had it's share of controversies... not least the premine https://www.cryptoglobe.com/latest/2018/10/vitalik-buterin-under-fire-over-ethereums-premine/ https://www.cryptoglobe.com/latest/2018/10/vitalik-buterin-u...