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Binance Calls for Notre Dame Restoration Donations, Crypto Community Turns Its Back

Wed, 04/17/2019 - 15:45
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Alex Dovbnya
⛪?Now that big sums are being donated in fiat for rebuilding Notre Dame after the fire, the crypto community is somewhat reluctant to show crypto is as good as fiat here
Binance Calls for Notre Dame Restoration Donations, Crypto Community Turns Its Back
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On April 17, the Binance team on their Twitter account has called upon the community not to turn away from the grief that has hit France. The world’s largest crypto exchange is accepting donations in digital currencies to help rebuild Notre Dame.

‘They have got enough in fiat already!’

The crypto community’s response to the urge of Binance to donate for rebuilding the world-famous historical memorial was negative.

The majority of comments said that people would rather donate to schools but not old churches in France. Besides, the thread continues, the cathedral has already received $700 mln in fiat. “Vatican’s pockets are deep,” said others.

‘They have got enough in fiat already!’

In response, Changpeng Zhao tweeted that donations should be based on free will only, and that crypto enthusiasts should feel free to choose any program for donation with Binance Charity Foundation. However, CZ’s tweet goes, “If we can push crypto to the last mile of Cathedral building, it's the ultimate #adoption.”

‘They have got enough in fiat already!’

So far, over 1 Bitcoin has been donated.

‘They have got enough in fiat already!’

Related
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Bitcoin donations in France fail as well

On Tuesday, April 16, French journalist Gregory Raymond decided to launch a campaign to raise Bitcoin donations for rebuilding the Notre Dame Cathedral and tweeted a QR code through which anyone could send some BTC.

He called on his followers on Twitter to demonstrate that crypto is the fastest way to send in funds, that Bitcoin has no borders indeed and can support a good cause.

Bitcoin donations in France fail as well

So far, only 0.05346 in BTC has been sent to the wallet. That is slightly less than $300.

Bitcoin donations in France fail as well

'View at Cathedrale Notre Dame de Paris' image by 123rf

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.