Bitcoin, crypto, blockchain will all help philanthropy

Had a great conversation with @ircadam about the intersection of crypto, blockchain, and philanthropy. 

First benefit: donating appreciated assets like Bitcoin can help you avoid capital gains tax, while showing a tax deduction for the donation.

But that's not all. Blockchain tech can also help charitable organizations accept and manage donations more efficiently. No more intermediaries or high fees! 
@endaoment 
 
 Transparency is key in philanthropy. With blockchain, we can see exactly where our donations are going. No more wondering if our money is being used for admin costs or actual good.

And then there's the issue of dispersing donations. With blockchain, we can send money directly to those who need it, without going through the banking system.

But what's often overlooked is the ethos of the crypto and blockchain community. We want to create a more fair and equitable world, and that includes giving back.

The smartest way to give. Onchain, tax-deductible donations of crypto, stock or cash to 1.8m+ nonprofits in 150+ countries. Open a fund for free today.

I lead crypto@rescue.org & manage irc.eth for Einsteins 90yr old Charity - We’re in 50+ countries globally & helped over 32m+ people last year /globalcrisis-irc

Former financial advisor.  Teaching crypto to financial professionals for 4 years.  Multi-family office for crypto wealthy


Direct donations, no middlemen, and real impact blockchain is the future of doing good.