Linux Credit Card Re-Launches
An anonymous reader writes "The all-new Linux Fund Visa Card launched on July 24th. The Linux Fund began in 1999, and lasted until Bank of America bought MBNA and canceled the program earlier this year. Before that time the fund had distributed $100,000 a year on average. US Bank has inked a new deal to resurrect the program with new features. Currently, the project is open to ideas for supporting well-loved and community-supported software that is underfunded. The current list of supported projects includes Debian, Wikipedia, FreeGeek, Freenode, and Blender."
I wonder why they picked Wikipedia? All the others seem pretty geeky low visibility things that would have trouble raising non-geek funds whereas Wikipedia is pretty widely known.
ccalam - acoustic versions of new songs.
It sounds interesting and I'd like to participate, but unfortunately this is only available for citizens of the United States.
Has anyone seen or heard of anything similar for us Europeans?
Slagborr
They don't explain why, as a previous card holder, I should go back. I held the original card from 1999 (my first card, when leaving for college) until a few weeks ago when my replacement (non-branded version) came. The only difference I see so far is a less attractive card and that they switched from MBNA (now BoA) to US Bank for the United States. Since they failed for years to actually donate the funds contributed, the most satasfaction I got out of the card was when a waitress would complement that it was cute.
On their website, they gloss over the past and don't offer a reason why I should trust them again. I'm inclined to believe that new management will help ensure proactive measures are taken, but I'm also tempted to go reward some other charity.
"Open Source?" - Press any key to continue
How we know is more important than what we know.
OK, so you want to help out the F/OSS community, that's great. If you've got the money to contribute, contribute. Don't waste your time supporting others with consumer debt. With the infinitesimally small returns these cards' so-called "rewards" programs generate, you could contribute the same amount or more directly, spend less money overall, and NOT be in debt to someone else.
I'm also going debunk the "geeks are smart enough to pay off their balance each month" myth. Bullshit. Personal finance is 80% behavior, and only 20% head knowledge. Being smart doesn't mean you'll win. There are plenty of brilliant folks out there that are absolute idiots with their money.
Nathan