Ultimate Satoshi on Nostr: 60. Bitcoin and Philanthropy: Raising Funds in Innovative Ways Many charities are ...
60. Bitcoin and Philanthropy: Raising Funds in Innovative Ways
Many charities are embracing Bitcoin to facilitate donations.
For example, The Pineapple Fund, which has distributed $55 million in Bitcoin to various causes, illustrates how cryptocurrency can transform the philanthropic landscape.
By accepting donations in Bitcoin, NGOs can reach a global audience and reduce transaction costs, allowing more resources to be devoted to their missions.
It also encourages anonymous donations, which can be a boon for some donors.
#bullishbounty #bitcoin #btc
#nostr #zap #zapathon #studybitcoin
Many charities are embracing Bitcoin to facilitate donations.
For example, The Pineapple Fund, which has distributed $55 million in Bitcoin to various causes, illustrates how cryptocurrency can transform the philanthropic landscape.
By accepting donations in Bitcoin, NGOs can reach a global audience and reduce transaction costs, allowing more resources to be devoted to their missions.
It also encourages anonymous donations, which can be a boon for some donors.
#bullishbounty #bitcoin #btc
#nostr #zap #zapathon #studybitcoin