OK, throwing out an idea here… could somebody cobble together a massive direct cash transfer fund? It’s not like there’s a lack of global poor to receive funding…
(Submitted without knowing a whole lot of details about cash transfers; I just know they are a thing.)
I looked up GiveDirectly's financials (a charity that does direct cash transfers) to check how easily it could be scaled up to megaproject-size and it turns out, in 2020, it made $211 million in cash transfers and hence is definitely capable of handling that amount! This is mostly $64m in cash transfers to recipients in Sub-Saharan Africa (their Givewell-recommended program) and $146m in cash transfers to recipients in the US.
OK, throwing out an idea here… could somebody cobble together a massive direct cash transfer fund? It’s not like there’s a lack of global poor to receive funding…
(Submitted without knowing a whole lot of details about cash transfers; I just know they are a thing.)