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Ripple fully funded every live DonorsChoose classroom project yesterday

donorschoose.org

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Re: Ripple fully funded every live DonorsChoose classroom project yesterday

#81
post #59
post #46

Earlier quoted context omitted.

Propaganda mostly from the Republican party has convinced a great deal of people that Education is a waste of money. This is obviously stupid and false. Apologies for getting political, but I come from a family of teachers in two red states (actually three now, thanks Wisconsin, you do love to hate yourself), and we're out of fucks to give. EDIT: I know we don't like to get political here, but the question was "Why i…

> Propaganda mostly from the Republican party has convinced a great deal of people that Education is a waste of money. That's a misrepresentation. Plenty of them some care very much about fixing education and funding it. Just the kind the find most effective: https://www.youtube.com/watch?v=H0Zh96wc01k The difference, as the video mentions, is that they always gets attacked as being 'anti-education', depsite intentio…

> The difference, as the video mentions, is that they always gets attacked as being 'anti-education'

That would be partly because it is true http://www.people-press.org/2017/07/10/sharp-partisan-divisi... ('Republicans increasingly say colleges have negative impact on U.S.')

And its not helped by the fact that much of the GOP is apparent anti-science, and anti expertise https://www.huffingtonpost.co.uk/entry/american-trust-scient... ('A 54 percent majority of Democrats, compared with just 13 percent of Republicans, say they have “a lot” of trust that what scientists say is accurate and reliable.')

Re: Ripple fully funded every live DonorsChoose classroom project yesterday

#82
post #64
post #46

Earlier quoted context omitted.

Propaganda mostly from the Republican party has convinced a great deal of people that Education is a waste of money. This is obviously stupid and false. Apologies for getting political, but I come from a family of teachers in two red states (actually three now, thanks Wisconsin, you do love to hate yourself), and we're out of fucks to give. EDIT: I know we don't like to get political here, but the question was "Why i…

The Republicans probably want to stop the firehouse of money from flowing directly to the teachers union cronies who are supported by the Democrats.

The fact that there appears to be a sentiment that spending on education equates to a 'firehose of money from flowing directly to the teachers union cronies' sounds like it is part of the problem.

Re: Ripple fully funded every live DonorsChoose classroom project yesterday

#84
post #64

Earlier quoted context omitted.

The Republicans probably want to stop the firehouse of money from flowing directly to the teachers union cronies who are supported by the Democrats.

The fact that there appears to be a sentiment that spending on education equates to a 'firehose of money from flowing directly to the teachers union cronies' sounds like it is part of the problem.

To be fair, I know 4 teachers, and all abhor their 'unions'. Its crooked, but they fear the alternative (loss of collective barganing power) more. Its a self-perpetuating problem of actual well meaning people playing CYA.

Re: Ripple fully funded every live DonorsChoose classroom project yesterday

#85

$29M worth of XRP going to a good cause. Great, cash out and make good use of it. The cynic in me sees this as a cheap PR move (an SVP of marketing promoting it doesn't help). Associating your token with a good cause gives it credibility in the eyes of the public which in turn leads to an increase in the XRP price in USD. Here's what I understand about ripple: - 100 billion XRP was created at inception with 20 billio…

in addition while 100 bilion were/are due to be created, that is not a hard limit and an infinite number can be created at any point.

Re: Ripple fully funded every live DonorsChoose classroom project yesterday

#86
post #64

Earlier quoted context omitted.

The Republicans probably want to stop the firehouse of money from flowing directly to the teachers union cronies who are supported by the Democrats.

Yes, we know where the Republicans want to point the firehose of money.

Back to the people who earned it? That is their party platform, and the source of their 'small government low taxes' position. I care less for politics, but lets pretend to talk intelligently if we are going to broach them.

Re: Ripple fully funded every live DonorsChoose classroom project yesterday

#87

When I think about large-scale donations I think about Melinda and Bill Gates. They don't just donate large sums of money, they donate their time and talent and take their efforts very seriously. They work hard to see every penny well-spent in an effective manner. That being said, I would love to witness a super-rich person throw a one-time insanely large lump sum of money at some problem. Like, "Here's 50 billion do…

See the pineapple fund for how this sort of thing can be done well in the crypto space.

Re: Ripple fully funded every live DonorsChoose classroom project yesterday

#88

Objectively, here's what this does: 1. FUND MILLIONS OF STUDENTS (I don't think anyone can overstate how awesome this is) 2. Give Ripple Labs good press and put them on the front 3. Increases the supply of XRP which: - Means more XRP in the market in the market for more users - Drops the value per XRP making transaction costs cheaper All that aside, let's all give Ripple a virtual high five for funding education. Thi…

> Increases the supply of XRP which Wait, it does? I thought one of the unique aspects of ripple was that all of the coins were pre-mined so the supply is finite. Right?

They were pre-mined but the supply is infinite, as I understand there is nothing preventing them from creating more at any point.

Re: Ripple fully funded every live DonorsChoose classroom project yesterday

#89
post #55

When I think about large-scale donations I think about Melinda and Bill Gates. They don't just donate large sums of money, they donate their time and talent and take their efforts very seriously. They work hard to see every penny well-spent in an effective manner. That being said, I would love to witness a super-rich person throw a one-time insanely large lump sum of money at some problem. Like, "Here's 50 billion do…

Amancio Ortega, one of the top 5 richest person on earth and owner of Zara and few other brands donated 350M€ last year to the Spanish public healthcare system. We got new mammograms all over the country.

On the other hand, paying that in taxes would benefit even more long term, but not have a ribbon attached. It is marketing first, philantropy second.

Re: Ripple fully funded every live DonorsChoose classroom project yesterday

#90

Earlier quoted context omitted.

Right. The US spends more per student than most similar countries. http://www.oecd.org/pisa/keyfindings/PISA-2012-results-US.pd...

How much of that is being spent on things entirely irrelevant to education, such as administration, "school sports" aka baseball/football stadiums and other amenities?

As much as I hated my HS principal, you still need administration. Sports, are underutilized and also needed by healthy humans. Sure, some schools disproportionately spend on sports, but they are in the minority, and tend to self fund. Why not kill art, music programs too? Just email assignments and hope for the best...
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