RE: Steemit's First Charity Post Payout!! What I learnt and why it was a disaster.. But also, how Steemit's Plan for 'Cryptocurrency World Domination' may offer a solution.
"Essentially I was looking for trust, something which was reassuringly hard to come by."
Coincidentally I talked to @ned about a charity fundraiser yesterday, and to give you the trust of the voters I would suggest to have @ned or @dan or @smooth to create the account, give you its posting key, and when the funds are raised they will make sure that money goes to where it was destined.
This is just to prevent scams such early in steemits history. Not saying you would run with the money, but others have scammed people for a lot less lately.
Charity through blockchain technology will become really big in the future. I read somewhere that the Red Cross had the lowest percentage (8%) of the amount raised that they use for themselves for fees and other. With blockchain we can give 100% to where we want to give it to.
@acidyo great reply.
I did contact @ned but I didn't think of your solution of only owning the posting key, that would be the best way to do this. He did say the problem is, he cannot be responsible for charity funds (but I will propose in the future when he is less busy, he has a lot on his plate update security protocols on the site atm...)..
Hopefully we will see some verified Charities coming on board to Steemit soon anyway :)
Completely agree with you RE: future relationship between Blockchain and Charity. Very exciting.
Thanks for sharing you thoughts.