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by prvc 1596 days ago
>we will work with organizers to send all remaining funds to credible and established charities verified by GoFundMe.

>All donors may submit a request for a full refund until February 19th, 2022 using this dedicated refund form.

Even if we grant for the sake of argument that their decision not to disburse funds to the protests is justified, I don't understand why a legitimate business operating in good faith would not give the donators refunds as the default action. Requiring them to submit a form in order to possibly avoid re-appropriation of their money feels like theft from the donators.

3 comments

I don't see how this is even legal, GoFundMe is basically stealing the funds and doing whatever they want with them. Refunds should be automatic without an opt-in required. The fact they waited until Friday evening is even more sketchy.

If ever there was a use case for crypto and smart contracts a GoFundMe replacement would be it

How in the world would crypto make a difference?

If you want to send money directly to a person in an irrevocable way, do so.

If however you want to use an established intermediary platform with standardized and seamless fundraising and distribution and payment processing capability and its own terms of service... How would crypto change that? We can't just use the magic world to wave problems away... This is the type of statement that breeds deep skepticism and even cynicism of crypto currencies and eco system.

> If ever there was a use case for crypto and smart contracts a GoFundMe replacement would be it

Right, then the money would literally disappear due to a random coding bug.

The charge-backs is what I'd really worry about if I were GoFundMe, besides the massive hit to their reputation they just inflicted on themselves of course.
And everyone who donated absolutely should do a charge back.
My only thought on their refunding process is that maybe they don't have a simple way to just click one button to refund everyone for that specific campaign?

We should probably not assume bad intent on their part!