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RE: Ripple makes biggest donation ever [and crypto is on mainstream tv again!]
I think that the blockchain is a shitty way to do a fundraiser. Especially if you're using a centralized one to achieve that. It's like saying: "Okay, give me your money I'll put you on this list and then do whatever I want with your money!"... Then you donate to charity or whatever. It would be a lot better to just tell the people "Give me your money I will donate it to charity"...
People that invested in Ripple got tricked. They invested for the gains and got a charity instead of development.
This reads like virtue signaling where the banks can exploit people who indulge in those same behaviors (or perhaps just really like supporting public schools teachers), but carries little risk with backfiring if they were utilizing the investments of others. To indiscriminately fund all of the projects begs for consideration by folks whose have or planned to invest.