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RE: Pinkcoin has created "a manifesto for a better world".
Do you invest in this coin for personal
Profit or is it all for charity?
Do you invest in this coin for personal
Profit or is it all for charity?
It's all yours unless you decide to use it for a tax-deductible charity donation at some point, including the ~20-25% APR from staking the coins. In the case of donating, instead of receiving the initial donation directly, "the initial donation principle is used to permanently stake directly to the pool you chose. If you donate 1,000,000 pink to the charity pool, they will remain in the charity wallet on the network staking for eternity. Every single coin staked by your principle donation will be directly forwarded to the current supported charity. This means that your initial pink donation will continue to donate on your behalf automatically, for life." -Donate4Life!
"Cardiac Kids" is currently the only supported charity, but we are confident that will change as the masses realize that Pinkcoin exists and little "Donate with PINK" buttons inevitably start showing up along-side or replacing the "Donate with PayPal" ones.
Makes a little more sense. Thanks for taking the time to respond.