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Hello!
Yes I will vote yes... but you need to get this proposal submitted into the pool ASAP!
The superblock is only ~10 days away.
Thanks.
One of my life dreams is build a missionary trust where funds are released on a monthly or yearly basis. Whatever that value may be is irrelevant to me. Just that the trust is self-sustaining and gives (hopefully) a steady stream of funds while maintaining itself. I see Sanctuaries being able to play that role. Churches could pool to make a sanctuary and then fund the church financials or give to specific missions (charities, missionary in a specific country) to spread the great commandment in its daily form.
Mark 12 ESV 29 Jesus answered, “The most important is, ‘Hear, O Israel: The Lord our God, the Lord is one. 30 And you shall love the Lord your God with all your heart and with all your soul and with all your mind and with all your strength.’ 31 The second is this: ‘You shall love your neighbor as yourself.’ There is no other commandment greater than these.”
Financials should only be a concern in that it may multiply our ability to carry out the work Jesus called us to do... not to enrich us materially. This is a harsh statement, but IMO, those that hold masternodes specifically to enrich themselves only are not aligned with the Bible.
1) What happens if the BBP/BTC pair rises? Is there be a mechanism for giving at steady accelerated rate versus giving spending the entire amount? Spending each month becomes a feast or famine approach. If there's a surplus, I'd be for a steady rise in giving like 5% more each month... It's a way for all organized structure to adapt to growth slowly from BBP side and charities. If the BBP/BTC price drops, I think a similar approach of reducing payments slowly could also occur.
2) @jappgvk "is have some fixed BBP address for every charity that we are partnered with, so that people can send BBP to those addresses if they want, knowing that their BBP will go to the right place."
I agree with the idea but I also see some issues with potential fraud. Third party could advertise addresses not authorized or slightly different from the charity to siphon donations. Once you open this up, there's a lot of potential for fraud. Centralized giving in some ways is more secure.
3) I don't know what country each charity manager lives, so I'm curious what income tax reporting looks like for all three of you (compassion, cameroon, and bloom). For example, Rob A. gives to Compassion on his AmEx. Does he have to report this as personal charity giving on his income tax because he pays with his American Express. And his American Express, I'm assuming, is a personal credit card?
4) Is the BBP Foundation already a non-profit, LLC, or some sort of business entity? Is all the giving already recorded under the umbrella organization of BBP Foundation?
5) I just worry if wallets or Rob or jaap dies, the charities may miss a payment... are there recovery plans for disasters like this?
Can you make Magnitude 0 to 100 instead of 1,000? 0 to 100 makes more sense as a percentage than 0 to 1000. Easier to comprehend right away.
We have waited until now, and after c-cex reopening we are not in such a hurry fortunately.
Thank you very much!Of course, I will continue to participate in the project. For me, a lot of work ahead: it is necessary to improve the design and improve the translation. I also started to create a Russian community and promote the project on the local land.
If the Lord bless, we will become better than bitcoin. My dream is that as many Christians as possible benefit from this project. Perhaps the Lord in this way will help the faithful stand and not take the mark of the beast.