Hurricane Harvey and the wide spread flooding that came with it have caused unimaginable damage to Texas and the Gulf Coast. HEROs for Harvey is focusing on
providing long-term funding, taking advantage of advancements in digital currency technology, to rebuild Houston and the region devastated by the Hurricane.
Catastrophic flooding has destroyed hundreds of thousands of homes and businesses. The damage is severe and wide spread, affecting millions of Americans. Persistent
rains, and overflowing reservoirs continue to threaten lives and property. The affected areas need immediate relief and just as importantly they will need long-term funding for
the difficult and costly rebuilding process.
We plan to harness the spectacular growth of Bitcoin, BitShares, and other digital currencies, to rebuild Houston and the region devastated by Hurricane Harvey.
A million dollars donated in Bitcoins five years ago at $4 are worth a billion dollars at today's $4000+ prices.
What if we could find another coin like this and raise a million dollars for Harvey victims?
BitShares has developed a way to create digital currency endowments that can leverage industry growth to multiply a single donation into a steady stream of those
donations that can last for years. We will not be taking fees out; all of your donation will be put into the endowment fund to help Harvey victims.
Not only is there a plan for future funding but making a donation on a decentralized platform takes all of the Red Cross red tape out of it. Yes, your donation goes to
creating real funds going to the real problem rather than your funds going to take care of “administrative” fees.
The full magnitude of devastation left by the hurricane is still sinking in, but it is clear that the recovery will take years. Long after the news media has moved on to
the next crisis, there will remain people in desperate need trying to rebuild their lives. Donations that get the early crisis under control are important, but donations that build endowments that keep on giving for many years are even more important.
Digital endowments based on the growth of the Bitcoin industry offer a unique way to accumulate funds large enough to fix everything.
This way, we can keep funding the reconstruction of Texas long after it has faded from the news.