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Comment by dos1 | Hacker News Reader

Holy shit. I can't remember a time when a website had an immediate impact on me like this. I mean, literally 5 seconds after landing on the site I got what they were trying to do and couldn't click the fund button fast enough. Such a simple idea but maybe that's what makes it so damn brilliant. So cool.

Edit: When I first went to the site 15 minutes ago there were two profiles of people in need of medical care. The total outstanding balance for both treatments was around $650 USD. In just 15 short minutes both treatments have been fully funded according to my inbox. That's just phenomenal, and I bet this story on HN has a lot to do with that!

View on HN

this is indeed THE BEST web service that I've ever seen EVER. @chaseadam17 Do you take advantage of mobile apps/fb/twitter/etc.?

One thing I realized about your service. It's sustainable. Resources are NEVER depleted. I have a lot respect for Bill Gates and Warren Buffet, but according to them they intend on spending ALL their money on charity in their lifetime. So that means the Bill & Melinda Gates Foundation will be non-existent 100 years from now. Watsi is a gamechanger imo.

  > So that means the Bill & Melinda Gates Foundation will be
  > non-existent 100 years from now.

Not necessarily. Put $100 billion into a trust and you can spend billions of dollars a year from the interest generated without depleting any capital. Barring unforeseen economic catastrophes, this can be sustained indefinitely.

Bill & Melinda Gates want to avoid the foundation spending money and energy staying alive. So the rule is that all the money has to be spent 50 years after they die.

One good thing about baking in a date of dissolution is that the organization will not be so concerned about self-preservation that it loses sight of its primary mission.

If you use all the interest, you'll lose money because of inflation.

The Gates Foundation will cease to exist 50 years after both Bill and Melinda are deceased. Despite the fact that it could be sustained, it won't be.

Thanks sinner ;) The good guys at futura.io have agreed to help us with an iOS app, and we're hoping to get started on that soon. Also looking to integrate open graph ASAP. So much to do!

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