InformAction Forums

Hello
I've been using NoScript for a while now and i wanted to put in a small donation but noticed you only take PayPal donations,
also claiming thats free, which is not, paypal always takes a certain %, i don't want to donate paypal i want to donate only NoScript.
I wanted to send BitCoin donations, is this possible?

SB

No, currently it's not.

Just putting my vote in for bitcoin donations. I also was looking to throw some bitcoins your way, to avoid feeding the paypal beast. (FYI, at current prices, as of 23 Feb 2012, bitcoins are trading at 5 USD per BTC.)

Yeah, Bitcoin donations would be pretty awesome.

I would probably donate a bit...

Until universally accepted, used and becomes common place (aka "ratified" by the masses) it will always be met with some degree of instability and therefore until such time as much as we would like to be free from the "institutions", change will take time and relying on it too soon can be detrimental to some. So as with anything worthwhile, patience and time is the key.

Well, nobody is suggesting that you should accept bitcoin donations /exclusively/. Only that you accept them in addition to whatever payment methods you currently accept.

When it comes to donations, instability should not be a worry at all. You can either get X bitcoins, which may be worth some variable amount due to "instability", or nothing, from people who would like to donate bitcoins but don't want to use other payment methods that you have available. Since "something" is better than "nothing" you have nothing to lose.

To make an analogy - would you not accept donations in gold, because gold's price is volatile, and because maybe you don't know the purity of whatever chunks of gold people may donate? Or would you realize that because you're getting the stuff for free as a donation, as long as it's worth /something/, you're better off than not accepting it?

So if I sell you some wasteland on Neptune, you got nothing to lose right, so it might worth something? If you can't use it, spend it, then its not worthwhile currency, therefore moot. The point being made, you can argue philosophy on it all you want, just pointing out that having a bunch of useless something is not equal to having something better than nothing. It is still = nothing.

You are missing the point, and your analogy thereby breaks down. First - nobody is selling you anything, they are giving it to you for free. (We are talking about donations here.) Second - you /know for a fact/ that you can take this something and trade it for something you consider has value (in this case, US dollars). So let's amend your analogy to be in accordance with the facts of the case:

Someone /gives/ you some wasteland on Neptune. You know that there is a market for wasteland on Neptune, so that you can go to the market and trade it for currency of your choice. Are you or are you not better off letting the giver give you some Neptune wasteland?

If you cannot see that receiving for free something that has positive market value (not necessarily to you - but that there is a market on which you can sell it or trade it for that which does have value to you) makes you better off, then we are just talking past each other.

Any exchange system is worth joining only if it is profitable overall.
Wouldn't it be up to the developer to say whether he wants to join the bitcoin economy?
It's not a trivial exercise to run a set of books and the potential income from bitcoin incomings would have to be worth his time.

I hedge 2 currencies for my own business - primary production.
One of them is responsible for less than 2 percent of my income and the time involved in bookkeeping and audit makes it a marginal proposition at best.

Bitcoin is open to manipulation (ie "fluctuations") no more nor less than any other currency; regulation by traditional banking methods only makes traders *feel* safer.

Just a suggestion to perhaps reconsider accepting donations in bitcoins.

Bitcoin donations are now accepted.