Donation via alt coins

General Discussion
#1

I have read your Ways to donate.

  • open collective looks like a nice and simple solution to me.

  • Credit cards sounds like the worst solution “With credit card donations, we lose roughly 14% to administrative costs.”

  • Bitcoin donation is the best donation option but I don’t have bitcoin and buying bitcoins just for donating is also not that straight forward…

I would love to setup a monthly donation but I would prefer alt coins. Are there any plans or solutions in future to support more than just Bitcoin? … some coins that also support privacy (like Monero…), anonymity (like BAT, with auto-contribute already as a default feature), onion networks (LOKI…). … just a few example without opening a crypto rabbit hole. The issue I would like to stress is: How to make small but regular donations and combine this with FOSS or privacy projects to support both parties without fiat.

Just to avoid any misinterpretation, I do not looking for solutions to bypass tax only service fees and complexity.

#2

Thanks for your willingness to donate! We’ve received this request in the past, and we continue to consider it.

For bitcoin, we have a decentralized multi-signature system that ensures two important properties:

  • No single person can spend funds.
  • If some people are unavailable or lose access to their keys, we won’t be locked out.

Further details:

We’ve investigated how we could accomplish this with other cryptocurrencies, such as Monero, and the short version is that it looks like it would be way more complex and time-consuming to the point of being prohibitive.

(In general, this will be the deciding factor for any other cryptocurrency. There’s also the overhead of having to deal with a bunch of different cryptocurrencies, even if we have a good system for each one.)

However, if anyone can point us to a feasible way to accomplish this, please let us know!

#3

Why not have a notice on the screen when someone donates indicating something like: “Please consider adding 15% to cover administrative costs, thank you.” I add 1% more because there may be extra hidden costs and a symmetric figure is easier to calculate in the head.

#8

I think our existing statement about the overhead cost is sufficient. Asking users to make up for it with a larger donation seems a bit heavy-handed.

1 Like
#9

is there a way to donate anonymously ?