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Bitcoin or other crypto would just be the payment mechanism, alongside any other option like CC, paypal, bank transfer, etc. The donation platform could still c
by ineedasername 5y ago
Bitcoin or other crypto would just be the payment mechanism, alongside any other option like CC, paypal, bank transfer, etc. The donation platform could still collect any other data as part of the user profile.
Sure, they could choose not to collect or retain that data for crypto, but they could do the same with other payment mechanisms as well. Crypto wouldn't confer much more in the way of anonymity benefits above and beyond what a donation platform could provide right now if they wanted to.
- hammock 5y agoWho needs a donation platform?
- ineedasername 5y agoIt's a service that provides a convenient form of aggregation. It's not impossible to do things without one, but doing ad hoc peer-to-peer donations from a large number of donors to a large number of recipients in a very short amount of time is pretty difficult without some type of infrastructure to facilitate it. It doesn't have to be a general purpose donation platform, but whatever it is will have the same privacy factors I referenced already: independently of whether it accepts crypto, it will have to decide if/what user data to retain.