Charity has it's own featured services like distribute feed market, so I think
Charity = Gaming service + Feed market Service
If you want to talk about topics about Lotto, which broad would you like to be in, Charity or Gaming, any ideas?
Thanks, hackfisher.
I see how it could go under either, but I think gaming would suit better.
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I guess I'm confused how this lotto could be put in Charity.
Wouldn't a Charity DAC simply be a blockchain that allows people to donate cryptocurrencies of many kinds and transparently see where it went and in what amounts? As I see it, the blockchain would enable us to topple the current centralized (and thus easily corrupted) Charities--like the Red Cross, who have been called "Disaster Rackets" (
see http://inpursuitofhappiness.wordpress.com/2013/10/18/the-red-cross-scam/), due to the complete transparency and therefore ease of auditing it enables. The same can be said about the current Lottery, where a % of the funds go to "good causes" like public schools, but this is a place where I am very skeptical--especially with regard to how we know the the raised gets to its intended recipient and, perhaps more importantly, who decides where the funds are to be distributed.
Could a % of the lottery income go directly to the Insurance DACs? In this way, the Lottery would leverage the tendency of human's to become addicted to something potentially destructive, like gambling, to both strengthen the Insurance DACs and do a transparent and auditable public good. Just my two cents...
Thank you for working on this Hackfisher!