How to donate bitcoins to Red Cross flood relief in the Balkans

With three months’ of rain falling on the Balkan countriesin just a few days this past weekend, Serbia and Bosnia have called forinternational help to deal with the flooding.

As the BBC reportedMonday: “ [Officials] say that the threat of landslides is an ever-presentproblem as are the difficulties caused by unexploded landmines in Bosnia andriver surges.

Serbia's main power plant is still at risk of flooding. Tensof thousands of people have fled their homes.”

It’s the worst flooding in the region since the 19thCentury, the story reported.

Aaron Koenig of the Global Bitcoin Alliancereached out to CoinTelegraph editors around the same time as the BBC’s story toreport he had set up a bitcoin donation address to help with relief efforts.

I am setting up thisspontaneous campaign and hope that many people can donate some Bitcoins to showthat we care and help.

Please donate to thisaddress: 1Ajx88sxaQFE7D2TtEZggUafrZPjLoYDFa

All donations will beconverted by Bitstamp (Slovenia) into Euros, which will be transferred to theRed Cross Serbia.

We have a good contactin Belgrade, she will take care that the money reaches the right places.

We are waiting for confirmation from the contact in Belgradeto verify that funds will go to the Red Cross’ efforts. At the time of writing,0.414 BTC has been donated to the address.

UPDATE:

The contact in Belgrade whom Koenig mentioned was independently confirmed, but she wishes to remain anonymous because she works in local media. She reiterated that Bitstamp will convert bitcoin donations into euros and that the Red Cross of Serbia has set up an account to receive those donations.


Follow us on Facebook