this post was submitted on 17 Feb 2024
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Programming

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[โ€“] WhatAmLemmy@lemmy.world -1 points 8 months ago* (last edited 8 months ago)

Correction! It's practically impossible to implement with conventional fiat banking. It would be functionally plausible to implement if the donations were in cryptocurrencies, with a built in audit trail, and smart contracts handling the escrow and distribution โ€” though FOSS funding would be exposed to all the downsides of cryptocurrencies (high volatility, low liquidity, regulatory fuckery, etc).