Sunday, January 10, 2021

A potential use case for Bitcoin right now: Indonesia plane crash?

Hello all, I don't know about you but I'm bored of reading about price swings and how many people have.

Thinking about the tragic air incident in Indonesia and how utterly powerless the relatives must be feeling right now. Time must be standing still for them all, and yet time stops for no-one: bills will be mounting up, appointments missed, not to mention the unbearable task of having to plan a family member's funeral (in some cases your whole family).

Now sometimes I see advertisements on TV to donate to a charity and that's good and all but it's so hard to find which of those charities use the fiat money in the best way, not to mention the funds lost through the transaction in service provider fees etc.

I guess I just wanted to hear your view about how possible it would be, and what would have to happen for the bitcoin community to be confident to donate bitcoin to the people affected by a catastrophic event such as this. Would be awesome to see bitcoin in action in this way but I think there are loads of issues that need to be overcome for this to ever come to fruition, not least ensuring that the funds were going to the right people, as well as bitcoin actually providing value to them.


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