RE: CharityCurator Progress Report | #7 | What's been going on?
It's great to read this! I would like to add that at its most basic level, if you upvote 10 cents, then you should have raised 11 cents in donations prior to upvoting and have either used the 10 cents to send directly to the cause and powered up the remaining 1 cents, or have powered up the whole 11 cents and given a 10 cent up vote. This is the only way that steem remains sustainable. You have to raise the money, not just rely on distribution of the communities money via delegation. Alternatively, you can spend the steem communities money on a cause that eventually will bring in more money than you distributed via upvotes. This must come in the form of either profits or donations, but you cannot escape the economic problem that we must all work together to replace the steem that we distribute, or even better, gain that steem before we distribute it.
Any support is good support, but now that I've been running @YouAreHOPE successfully for 14 months, you're right and I can tell you that delegations are of very little use to a charity like ours. We need straight donations, as we have to use the money to actually do our missions around the globe in the real world, and that means conversion to fiat to buy food, clothes, seeds, school supplies, books, tools, medicines, services and other supplies that we have provided on the ground via a network of steemians in the regions we serve.
Delegations don't do much for us when only post once or twice a week and its not about supporting people who post, its about supporting people who don't have food, or other necessities.
Hi Sircork,
Yes delegations only seem to make an impact when they cumulatively become huge.
For us, we have to support those who post, it is our only way of helping at the moment. We hope that they liquidate the money out from our upvote and then go on to turn that into FIAT and the supplies that people need. That is why we are upvoting pages like yours! Do you understand?
Best,
@charitycurator
Definitely appreciate the support!
Ofcourse, it would be good to keep working together and improve our relationship!
Best,
@charitycurator
Hi Starkerz, of course please add!
If I were to raise donations prior to upvoting, are these donations coming from external sources such as FIAT money or donations here on the platform?
I have 100% power-up from my rewards because it aligns with what we want to do with our mission. More than that though, do you see this as absolutely essential for the benefit of Steem as a whole?
Are you suggesting another nuance also that charities in themselves need to be profitable? For example, instead of us upvoting content that the charity then goes and spend on bananas for children in poverty, the money should go towards a banana 'farm' as it were and then grow them themselves and also sell excess to make profits? Sounds fantastic.
Best,
@charitycurator
This is a better use of charity money. give people the ability to make their own money of course! as long as it is provable. either way, what i am saying that just upvoting people for any type of work costs the community money. by upvoting we are spending the communities money. We should instead be spending our own money, or our projects money, not the communities money. So we should bring money in to cover what we upvote before we upvote. if we do not start to do this as a community, the steem price will keep on going down, or we will keep on moving down coin market cap rankings
Sure, that does sound better.
Now you put it like that it does make more sense. Although, does that allow anyone to use the communities money at all? The community money needs to be backed by alternative sources of money coming into the ecosystem?
Best,
@charitycurator
On steem we all use there communities money by upvoting. No one can stop you doing that. But ethically, every time you use the communities money (I.e. upvote someone’s blog) you should either have already added more steem than the upvote is worth (via profits or funds raised) or will add it later from on future profits or fund raising or be working on a project that is doing that
Great. Even ethically, we can't always get everyone to act that way. So how do we create a plan to accommodate for those who don't behave ethically with the communities money?