Tech Talk: Bitcoin and nonprofits
Adopting bitcoin can broaden the ways a nonprofit receives donations.
The biggest incentive for most nonprofits to accept bitcoin is that most major payment processors, like Coinbase, don’t charge any processing fees for donations to 501(c)(3) nonprofits and charities, write Stephen Jackson and Wes Holing at blog.techsoup.org.
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In addition, bitcoin’s relatively instant transfers can make an immediate difference in funding the efforts of nonprofits with very time-sensitive missions, such as disaster relief.
To read the full story, click here.
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