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Showing posts with the label Crowdfunding

The Trump-Xi Beijing Summit: What the Smiling Handshakes Won't Tell You

On Thursday, Donald Trump will walk into the Great Hall of the People in Beijing, shake Xi Jinping's hand, and declare it a great meeting. There will be announcements. There will be numbers — billions of dollars in Chinese purchase commitments, a new bilateral mechanism with an important-sounding name, possibly a joint statement on Iran. Trump will post on Truth Social. Markets will rally briefly. Pundits will argue about who won. None of that will tell you what actually happened. What is actually happening in Beijing this week is something more consequential and more uncomfortable than the summit theatre will reveal: two leaders of two deeply mutually dependent superpowers, both of whom need this meeting to succeed for entirely different reasons, sitting across a table in a world that has already moved past the assumptions that defined their last nine months of negotiations. The Iran war changed the equations. The rare earth gambit changed the power balance. Taiwan is sitting in...

Reddit gets two new tools for Fundraising and Charitable giving

Reddit Cares Reddit has been quite successful in giving Redditors' an opportunity to give and support charitable causes on the site. This is typically what crowdfunding is all about - not in the sense to raise money for a project bu to support a charity or an organization that Redditors' care about. Specially true for many nonprofits projects in particular. When you decide to support a project or a cause and you're willing to give money for it. The best thing that can happen is that there are low fees or no fees attached to it - ensuring that almost all the money given by Redditors actually reach their destination. Not getting lost in payment fees and other transactions. Also there need to be effective fraud checks in place so people can be more confident that there aren't supporting some fraudulent scheme. With this in mind Reddit have announced two new tools that can be easily integrated by mods into their subreddits. Use these two tools if you're wondering how to...