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[NoLimits15]

Cryptocurrency exchange Binance started a new charity foundation called Binance Charity where they will donate all the collected funds to coronavirus affected countries. It's aiming to collect at least $5 million from various cryptocurrencies. The amount will be used to buy masks and important medical supplies.

 

[Josemendez]

Have you ever donating something to those who need it? If you give them money, a big portion of them will waste it by buying unnecesary things like alcoholic drinks. Happens so many times to me.

This is not always true . although some may use the money carelessly , but then , there are people who really needs it , and will definetly make good of the money when given . people differ .

 

[SCAMEXPOSER]

Have you ever donating something to those who need it? If you give them money, a big portion of them will waste it by buying unnecesary things like alcoholic drinks. Happens so many times to me.

Money is always out of the question especially in a nation where corruption is endemic, relief matterials are the best to go by.

 

[Josemendez]

Money is always out of the question especially in a nation where corruption is endemic, relief matterials are the best to go by.

How can the relief materials be purchased without money ?
I understand your point on the fact that some corrupt leaders may not release the donated fund , but then binance needs the fund first , then they can use it to buy relief material .

 

[Josemendez]

Money is always out of the question especially in a nation where corruption is endemic, relief matterials are the best to go by.

It might even interest you to know that , even the relieve material may not be given the people , they can still sell it or even keep it for themselves . so the best thing is to pray that , they don't do so .

 

[SCAMEXPOSER]

I have heard of such activities , you are not far from the truth but there are still reputable organization that can monitor it on their behalf and they should request for video evidence of the sharing activities.

 

[Roysnickz]

Great news. I mean, that's a wonderful initiative from Binance. Corona virus pandemic has no doubt cause a lot of economic hard ship in so many countries. The move by Binance will certainly go a long in alleviating those hardships.

 

[Josemendez]

I have heard of such activities , you are not far from the truth but there are still reputable organization that can monitor it on their behalf and they should request for video evidence of the sharing activities.

If you recall very well in our country , the covid-19 fund released by firm and individual were not fully disbursed to the citizens , yet the organizations that donated it are still mute on it . feels bad .