1346 sats \ 0 replies \ @super_testnet OP 3 Jul 2023 \ parent \ on: Bitpac: Publicly auditable cooperatives on bitcoin bitcoin
A few reasons
I saw a project on ethereum that lets you vote on how to spend some funds in a group and I wanted to do it too, but with bitcoin, so I made an app for that
I also think it would be really cool if this had existed back when Jack gave some money for nostr development -- it would have been a cool way to distribute responsibility for the funds
I think any charity can use this to demonstrate how they use contributions in a fair way
I think governments can use this to ensure they are accountable for their treasury decisions
I think businesses can use this to distribute responsibility for corporate funds
I think fan clubs can use it for membership dues
Basically I saw a need for a way for people to jointly hold money but be public about how they are using it, and this is one of the many things bitcoin fixes