A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
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Once you get your charity in front of the right audience and make it simple for them to donate by accepting Bitcoin, you widen your appeal. “Millennials are the demographic most actively using Bitcoin,” says Lamb, “and as charities attempt to recruit younger donors, cryptocurrency is an unpre cedented and growing fundraising opportunity area. Established in 2013, we are the first Bitcoin and Blockchain technology nonprofit 501(c)(3), transforming the world for better using digital currencies. As an organization, we exist at the intersection of technology and philanthropy; a think tank for digital transparency for good, leveraging the efficiency and transparency of cryptocurrency ... For Bitcoin donations worth over $5,000 that are not publicly-traded securities, organizations should provide information about fair market value. List of Charity Organizations Accepting Bitcoin. The number of charity organizations accepting BTC is growing steadily: they make contributions to different spheres of our life. One particular charity, little publicized, is the Water Project which now accepts a variety of cryptocurrencies apart from Bitcoin to support its projects and now accepts Bitcoin Cash, Ethereum, or Litecoin. The project’s simple aim is to ensure the inhabitants of sub-Saharan Africa have access to clean, disease-free water. The world’s first cryptocurrency, Bitcoin is stored and exchanged securely on the internet through a digital ledger known as a blockchain. Bitcoins are divisible into smaller units known as satoshis — each satoshi is worth 0.00000001 bitcoin.
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