To help the victims of the earthquake in Burma, a bitcoiner launched a Bitcoin funds (BTC). Let us give a spotlight on this initiative.
Bitcoin (BTC) to support the population in Burma
On March 28, Burma was struck by a terrible earthquake, causing the death of more than 3,500 people and making at least 4,600 injured. In response to this tragedy, A bitcoiner of Burmese origin has launched an initiative aimed at helping survivors thanks to Bitcoin (BTC).
Where to buy bitcoin (BTC)?
Based on an observation that only 30 % of traditional donations would arrive at the “in a country as corrupt as myanmar», The interested party thus plays the peer-to-peer card (P2P), by launching a collection of bitcoin donations:
I work with trusted communities and NGOs, recorded in the United States, based in Thailand, or both, which are ready to accept, learn and use Bitcoin. Your contributions will finance the supply of basic necessities and water and will support small local businesses. Photos and [preuves] will be shared as you go.
So, 17 dollars in Satoshis would finance 25 meals in Burma. For the moment, however, the success of this initiative is still very marginal. And for good reason, only just over 4.22 million Satoshis were collected, the equivalent of approximately $ 3,400.
Despite everything, the gesture is to be greeted, because it is true that collections of donations in cryptocurrencies have many advantages. Among other things, funds arrive quickly at your destination, at a lower cost, and it is easier to prove that they have indeed been used wisely.
In the news also – Bitcoin: the founder of Cardano anticipates a peak at 250,000 dollars before the end of the year
For its part, the BTC is exchanged at $ 82,000 when writing these lines, slightly 0.5 % over 24 hours.
Buy The BTC crypto With Swissborg
Source: Fund collection
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Since 2021, I have devoted my free time to seriously train myself on cryptocurrencies in order to acquire maximum knowledge and credibility. I often have the opportunity to carry out interviews with influential personalities from the blockchain industry. I also conduct in -depth analyzes on web3 themes to offer exclusive content to cryptoast readers.
Vincent Mayor
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