Show HN: GiveHongBao – Raise Ethereum for any cause, anywhere in the world

Re:Show HN: GiveHongBao – Raise Ethereum for any cause, anyw... by tree_of_item on Tuesday December 12, 2017 @02:09PM (#15908459)

You're raising money on behalf of other people and, presumably, pocketing some of it (even if you're say you're not, how do we know for sure?) Brave is doing this sort of thing too with their attention tokens and it strikes me as super shady. "I'll totally give it to them, honest!" doesn't seem good enough. You wouldn't get a fraction of the money you asked for if you didn't have the Wikipedia and EFF logos on that page.

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Re:Show HN: GiveHongBao – Raise Ethereum for any cause, anyw... by cocktailpeanuts on Tuesday December 12, 2017 @02:16PM (#15908529)

That's what Ethereum is for.

It's completely public and can't be tampered with, so you can check exactly where the money is going.

Btw. most people people who don't know Chinese will think "Hong Bao" is some guy. Bad branding for what it's trying to do. Gives the wrong impression that we're giving away money to some guy named "Hong Bao" who's promising to give it to Wikipedia and EFF

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Re:Show HN: GiveHongBao – Raise Ethereum for any cause, anyw... by tree_of_item on Tuesday December 12, 2017 @02:38PM (#15908745)

> That's what Ethereum is for. It's completely public and can't be tampered with, so you can check exactly where the money is going.

Except the page admits there will be a delay of a month before the proceeds go to the EFF, and that transaction is NOT on the blockchain, as the wallet is "sold" and the money is, perhaps, donated to the EFF. So you can't actually check.

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Re:Show HN: GiveHongBao – Raise Ethereum for any cause, anyw... by Florin_Andrei on Tuesday December 12, 2017 @02:27PM (#15908652)

So what does it mean actually?

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Re:Show HN: GiveHongBao – Raise Ethereum for any cause, anyw... by faitswulff on Tuesday December 12, 2017 @02:29PM (#15908667)

They're red envelopes of money that are handed out during Lunar New Year in some Asian countries: https://en.wikipedia.org/wiki/Red_envelope

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Re:Show HN: GiveHongBao – Raise Ethereum for any cause, anyw... by vincentchu on Tuesday December 12, 2017 @03:09PM (#15908993)

Thanks for the feedback. I didn't mean to be shady (honest)!

The main problem is that the EFF doesn't have a publicly disclosed Eth address (they do accept BTC) so I just decided to support them by pledging to donate to them. Of course, nobody on the internet knows you're a dog, nor if you're honest ... :/

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Re:Show HN: GiveHongBao – Raise Ethereum for any cause, anyw... by otoburb on Tuesday December 12, 2017 @04:01PM (#15909420)

Good news is that atomic cross-chain swaps[1] will soon be possible, although even today you could presumably use ShapeShift or Changelly to convert from ETH to BTC while we all wait for BTC-ETH Lightning atomic cross-chain swaps to mature.

[1] https://blog.altcoin.io/the-first-ethereum-bitcoin-atomic-sw...

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Re:Show HN: GiveHongBao – Raise Ethereum for any cause, anyw... by joelrunyon on Tuesday December 12, 2017 @02:38PM (#15908747)

Technically isn't this what adsense does? Sell ads + give some to creators?

If they don't give it to creators...the creators won't promote them.

They need the evangelists.

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